LA HURTEBISE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LA HURTEBISE
Largest movements
- Tangible fixed assets -€3,408
down €3,408 (-4.4%), from €77,512 to €74,104
of which Other tangible fixed assets: -€3,408
- Debts after one year -€5,231
down €5,231 (-12.7%), from €41,313 to €36,082
of which Other amounts payable: -€2,650
- Profit (loss) carried forward +€2,770
up €2,770 (+16.7%), from €16,631 to €19,401
- Current portion of long-term debt -€2,429
down €2,429 (-48.5%), from €5,010 to €2,581
- Tax, wage and social debts +€1,169
up €1,169 (+239.4%), from €488 to €1,657
- Other debts +€951
new in 2025: €951
- Gross operating margin -€1,045
down €1,045 (-10.0%), from €10,423 to €9,378
- Other operating charges -€422
down €422 (-24.8%), from €1,702 to €1,280
- Taxes +€335
up €335 (+25.4%), from €1,322 to €1,657
- Financial charges -€210
down €210 (-44.3%), from €473 to €263
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,474 | €81,986 | -€3,488 | -4.1% |
| Fixed assets | 21/28 | €77,512 | €74,104 | -€3,408 | -4.4% |
| Tangible fixed assets | 22/27 | €77,512 | €74,104 | -€3,408 | -4.4% |
| Land and buildings | 22 | €64,544 | €64,544 | = | 0.0% |
| Other tangible fixed assets | 26 | €12,968 | €9,560 | -€3,408 | -26.3% |
| Current assets | 29/58 | €7,962 | €7,882 | -€80 | -1.0% |
| Amounts receivable within one year | 40/41 | €5,015 | €5,196 | +€181 | +3.6% |
| Trade receivables | 40 | €4,840 | €4,421 | -€419 | -8.7% |
| Other amounts receivable | 41 | €175 | €775 | +€600 | +342.3% |
| Cash at bank and in hand | 54/58 | €2,571 | €2,277 | -€294 | -11.4% |
| Deferred charges and accrued income | 490/1 | €376 | €409 | +€33 | +8.9% |
| Total equity and liabilities | 10/49 | €85,474 | €81,986 | -€3,488 | -4.1% |
| Equity | 10/15 | €37,091 | €39,861 | +€2,770 | +7.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,631 | €19,401 | +€2,770 | +16.7% |
| Amounts payable | 17/49 | €48,383 | €42,125 | -€6,258 | -12.9% |
| Amounts payable after more than one year | 17 | €41,313 | €36,082 | -€5,231 | -12.7% |
| Financial debts | 170/4 | €2,581 | - | -€2,581 | |
| Other amounts payable | 178/9 | €38,732 | €36,082 | -€2,650 | -6.8% |
| Amounts payable within one year | 42/48 | €6,495 | €6,043 | -€452 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €5,010 | €2,581 | -€2,429 | -48.5% |
| Trade debts | 44 | €997 | €854 | -€143 | -14.3% |
| Suppliers | 440/4 | €997 | €854 | -€143 | -14.3% |
| Taxes, remuneration and social security | 45 | €488 | €1,657 | +€1,169 | +239.4% |
| Taxes | 450/3 | €488 | €1,657 | +€1,169 | +239.4% |
| Other amounts payable | 47/48 | - | €951 | +€951 | |
| Accrued charges and deferred income | 492/3 | €575 | - | -€575 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,408 | €3,408 | = | 0.0% |
| Other operating charges | 640/8 | €1,702 | €1,280 | -€422 | -24.8% |
| Gross operating margin | 9900 | €10,423 | €9,378 | -€1,045 | -10.0% |
| Operating profit (loss) | 9901 | €5,313 | €4,690 | -€623 | -11.7% |
| Financial charges | 65/66B | €473 | €263 | -€210 | -44.3% |
| Recurring financial charges | 65 | €473 | €263 | -€210 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €4,840 | €4,427 | -€413 | -8.5% |
| Income taxes | 67/77 | €1,322 | €1,657 | +€335 | +25.4% |
| Profit (loss) for the period | 9904 | €3,518 | €2,770 | -€748 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,518 | €2,770 | -€748 | -21.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.