HUM TIELRODE: 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.
HUM TIELRODE
Largest movements
- Cash +€18,329
up €18,329 (+69.5%), from €26,377 to €44,706
mainly Net result for the year (+€13,825) and Receivables within one year (+€7,481)
- Receivables within one year -€7,481
down €7,481 (-56.1%), from €13,335 to €5,854
of which Trade receivables: -€7,686
- Deferred charges and accrued income +€2,010
new in 2025: €2,010
- Intangible fixed assets -€1,004
down €1,004 (-44.5%), from €2,255 to €1,251
- Reserves +€14,000
up €14,000 (+350%), from €4,000 to €18,000
- Tax, wage and social debts +€5,565
up €5,565 (+286%), from €1,944 to €7,509
- Accrued charges and deferred income -€3,498
no longer reported in 2025 (was €3,498)
- Trade debts -€2,978
down €2,978 (-7.4%), from €40,387 to €37,409
- Other debts -€1,035
down €1,035 (-8.0%), from €12,919 to €11,884
- Gross operating margin +€13,258
up €13,258 (+102%), from €13,060 to €26,318
- Taxes +€4,068
up €4,068 (+419%), from €970 to €5,038
- Financial charges -€2,411
down €2,411 (-80.0%), from €3,012 to €601
- Depreciation -€2,327
down €2,327 (-28.0%), from €8,304 to €5,978
- Other operating charges +€287
up €287 (+48.7%), from €589 to €875
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.
Derived cash bridge
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 | €68,319 | €80,199 | +€11,880 | +17.4% |
| Fixed assets | 21/28 | €18,667 | €17,689 | -€978 | -5.2% |
| Intangible fixed assets | 21 | €2,255 | €1,251 | -€1,004 | -44.5% |
| Tangible fixed assets | 22/27 | €16,412 | €16,438 | +€26 | +0.2% |
| Land and buildings | 22 | €2,357 | €2,014 | -€343 | -14.5% |
| Plant, machinery and equipment | 23 | €13,063 | €13,786 | +€723 | +5.5% |
| Furniture and vehicles | 24 | €992 | €638 | -€355 | -35.7% |
| Current assets | 29/58 | €49,652 | €62,510 | +€12,858 | +25.9% |
| Stocks and contracts in progress | 3 | €9,940 | €9,940 | = | 0.0% |
| Stocks | 30/36 | €9,940 | €9,940 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,335 | €5,854 | -€7,481 | -56.1% |
| Trade receivables | 40 | €11,540 | €3,854 | -€7,686 | -66.6% |
| Other amounts receivable | 41 | €1,795 | €2,000 | +€205 | +11.4% |
| Cash at bank and in hand | 54/58 | €26,377 | €44,706 | +€18,329 | +69.5% |
| Deferred charges and accrued income | 490/1 | - | €2,010 | +€2,010 | |
| Total equity and liabilities | 10/49 | €68,319 | €80,199 | +€11,880 | +17.4% |
| Equity | 10/15 | €9,571 | €23,396 | +€13,825 | +144% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €18,000 | +€14,000 | +350% |
| Distributable reserves | 133 | €4,000 | €18,000 | +€14,000 | +350% |
| Profit (loss) carried forward | 14 | €571 | €396 | -€175 | -30.6% |
| Amounts payable | 17/49 | €58,748 | €56,802 | -€1,945 | -3.3% |
| Amounts payable within one year | 42/48 | €55,250 | €56,802 | +€1,553 | +2.8% |
| Trade debts | 44 | €40,387 | €37,409 | -€2,978 | -7.4% |
| Suppliers | 440/4 | €40,387 | €37,409 | -€2,978 | -7.4% |
| Taxes, remuneration and social security | 45 | €1,944 | €7,509 | +€5,565 | +286% |
| Taxes | 450/3 | €1,944 | €7,509 | +€5,565 | +286% |
| Other amounts payable | 47/48 | €12,919 | €11,884 | -€1,035 | -8.0% |
| Accrued charges and deferred income | 492/3 | €3,498 | - | -€3,498 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,304 | €5,978 | -€2,327 | -28.0% |
| Other operating charges | 640/8 | €589 | €875 | +€287 | +48.7% |
| Gross operating margin | 9900 | €13,060 | €26,318 | +€13,258 | +102% |
| Operating profit (loss) | 9901 | €4,167 | €19,465 | +€15,298 | +367% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €3,012 | €601 | -€2,411 | -80.0% |
| Recurring financial charges | 65 | €3,012 | €601 | -€2,411 | -80.0% |
| Profit (loss) for the period before taxes | 9903 | €1,185 | €18,864 | +€17,679 | +1,492% |
| Income taxes | 67/77 | €970 | €5,038 | +€4,068 | +419% |
| Profit (loss) for the period | 9904 | €215 | €13,825 | +€13,610 | +6,332% |
| Profit (loss) for the period to be appropriated | 9905 | €215 | €13,825 | +€13,610 | +6,332% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.