GHUMAN: what changed
Two fiscal 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.
GHUMAN
Largest movements
- Intangible fixed assets +€120,000
up €120,000 (+75.0%), from €160,000 to €280,000
- Profit (loss) carried forward +€100,210
up €100,210 (+112.7%), from €88,920 to €189,131
- Trade debts +€12,646
up €12,646 (+46.2%), from €27,358 to €40,004
- Other debts +€11,136
up €11,136 (+4.6%), from €239,874 to €251,011
- Tax, wage and social debts -€7,432
down €7,432 (-88.3%), from €8,415 to €983
of which Taxes: -€5,060
- Turnover +€30,187
up €30,187 (+10.4%), from €289,055 to €319,242
- Depreciation -€25,305
no longer reported in 2025 (was €25,305)
- Purchases and services +€21,393
up €21,393 (+20.8%), from €102,991 to €124,384
- Staff costs -€12,193
down €12,193 (-12.9%), from €94,152 to €81,960
- Taxes +€11,882
new in 2025: €11,882
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 | €365,568 | €482,129 | +€116,561 | +31.9% |
| Fixed assets | 21/28 | €261,219 | €381,219 | +€120,000 | +45.9% |
| Intangible fixed assets | 21 | €160,000 | €280,000 | +€120,000 | +75.0% |
| Tangible fixed assets | 22/27 | €101,219 | €101,219 | = | 0.0% |
| Land and buildings | 22 | €101,219 | €101,219 | = | 0.0% |
| Current assets | 29/58 | €104,349 | €100,910 | -€3,439 | -3.3% |
| Cash at bank and in hand | 54/58 | €4,349 | €910 | -€3,439 | -79.1% |
| Deferred charges and accrued income | 490/1 | €100,000 | €100,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €365,568 | €482,129 | +€116,561 | +31.9% |
| Equity | 10/15 | €89,920 | €190,131 | +€100,210 | +111.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,920 | €189,131 | +€100,210 | +112.7% |
| Amounts payable | 17/49 | €275,648 | €291,998 | +€16,351 | +5.9% |
| Amounts payable within one year | 42/48 | €275,648 | €291,998 | +€16,351 | +5.9% |
| Trade debts | 44 | €27,358 | €40,004 | +€12,646 | +46.2% |
| Suppliers | 440/4 | €27,358 | €40,004 | +€12,646 | +46.2% |
| Taxes, remuneration and social security | 45 | €8,415 | €983 | -€7,432 | -88.3% |
| Taxes | 450/3 | €6,043 | €983 | -€5,060 | -83.7% |
| Remuneration and social security | 454/9 | €2,372 | - | -€2,372 | |
| Other amounts payable | 47/48 | €239,874 | €251,011 | +€11,136 | +4.6% |
| Turnover | 70 | €289,055 | €319,242 | +€30,187 | +10.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €102,991 | €124,384 | +€21,393 | +20.8% |
| Remuneration, social security and pensions | 62 | €94,152 | €81,960 | -€12,193 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,305 | - | -€25,305 | |
| Other operating charges | 640/8 | €151 | €706 | +€555 | +368.9% |
| Gross operating margin | 9900 | €186,064 | €194,857 | +€8,793 | +4.7% |
| Operating profit (loss) | 9901 | €66,457 | €112,192 | +€45,735 | +68.8% |
| Financial charges | 65/66B | €129 | €100 | -€30 | -22.9% |
| Recurring financial charges | 65 | €129 | €100 | -€30 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €66,328 | €112,092 | +€45,764 | +69.0% |
| Income taxes | 67/77 | - | €11,882 | +€11,882 | |
| Profit (loss) for the period | 9904 | €66,328 | €100,210 | +€33,883 | +51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €66,328 | €100,210 | +€33,883 | +51.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.