HIMANCHULI: 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.
HIMANCHULI
Largest movements
- Receivables within one year +€24,866
up €24,866 (+44.6%), from €55,804 to €80,670
of which Other amounts receivable: +€24,801
- Tangible fixed assets -€9,688
down €9,688 (-77.0%), from €12,578 to €2,890
- Profit (loss) carried forward +€18,081
up €18,081 (+20.1%), from €90,036 to €108,117
- Current portion of long-term debt -€5,681
no longer reported in 2025 (was €5,681)
- Trade debts +€4,455
up €4,455 (+18.9%), from €23,577 to €28,031
- Staff costs +€10,905
up €10,905 (+6.6%), from €166,326 to €177,231
- Financial income +€9,830
up €9,830 (+127660.6%), from €8 to €9,838
of which Financial income: +€9,837
- Gross operating margin -€9,588
down €9,588 (-3.7%), from €262,663 to €253,075
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 | €217,793 | €233,827 | +€16,034 | +7.4% |
| Fixed assets | 21/28 | €17,578 | €7,890 | -€9,688 | -55.1% |
| Tangible fixed assets | 22/27 | €12,578 | €2,890 | -€9,688 | -77.0% |
| Plant, machinery and equipment | 23 | €5,474 | €2,377 | -€3,097 | -56.6% |
| Furniture and vehicles | 24 | €2,749 | - | -€2,749 | |
| Other tangible fixed assets | 26 | €4,356 | €513 | -€3,843 | -88.2% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €200,214 | €225,937 | +€25,723 | +12.8% |
| Amounts receivable within one year | 40/41 | €55,804 | €80,670 | +€24,866 | +44.6% |
| Trade receivables | 40 | €6,267 | €6,332 | +€65 | +1.0% |
| Other amounts receivable | 41 | €49,537 | €74,338 | +€24,801 | +50.1% |
| Cash at bank and in hand | 54/58 | €144,411 | €144,397 | -€13 | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €870 | +€870 | |
| Total equity and liabilities | 10/49 | €217,793 | €233,827 | +€16,034 | +7.4% |
| Equity | 10/15 | €108,036 | €126,117 | +€18,081 | +16.7% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,036 | €108,117 | +€18,081 | +20.1% |
| Amounts payable | 17/49 | €109,757 | €107,710 | -€2,047 | -1.9% |
| Amounts payable within one year | 42/48 | €109,757 | €107,710 | -€2,047 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €5,681 | - | -€5,681 | |
| Trade debts | 44 | €23,577 | €28,031 | +€4,455 | +18.9% |
| Suppliers | 440/4 | €23,577 | €28,031 | +€4,455 | +18.9% |
| Taxes, remuneration and social security | 45 | €40,412 | €39,211 | -€1,201 | -3.0% |
| Taxes | 450/3 | €31,469 | €35,554 | +€4,085 | +13.0% |
| Remuneration and social security | 454/9 | €8,943 | €3,657 | -€5,285 | -59.1% |
| Other amounts payable | 47/48 | €40,087 | €40,467 | +€380 | +0.9% |
| Remuneration, social security and pensions | 62 | €166,326 | €177,231 | +€10,905 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,905 | €9,688 | -€217 | -2.2% |
| Other operating charges | 640/8 | €1,020 | €641 | -€379 | -37.1% |
| Gross operating margin | 9900 | €262,663 | €253,075 | -€9,588 | -3.7% |
| Operating profit (loss) | 9901 | €85,411 | €65,514 | -€19,898 | -23.3% |
| Financial income | 75/76B | €8 | €9,838 | +€9,830 | +127660.6% |
| Recurring financial income | 75 | €1 | €9,838 | +€9,837 | +1967414.0% |
| Non-recurring financial income | 76B | €7 | - | -€7 | |
| Financial charges | 65/66B | €1,694 | €1,276 | -€418 | -24.6% |
| Recurring financial charges | 65 | €1,694 | €1,276 | -€418 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €83,725 | €74,075 | -€9,650 | -11.5% |
| Income taxes | 67/77 | €18,496 | €15,994 | -€2,502 | -13.5% |
| Profit (loss) for the period | 9904 | €65,230 | €58,081 | -€7,148 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,230 | €58,081 | -€7,148 | -11.0% |
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 30 September 2026 via checked.be.