HUMA: 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.
HUMA
Largest movements
- Tangible fixed assets -€15,303
down €15,303 (-6.4%), from €239,465 to €224,162
of which Land and buildings: -€15,203
- Receivables within one year +€10,595
up €10,595 (+43.9%), from €24,161 to €34,756
of which Trade receivables: +€10,595
- Cash -€3,146
down €3,146 (-54.7%), from €5,751 to €2,606
mainly Receivables within one year (-€10,595) and Net result for the year (-€5,664)
- Profit (loss) carried forward -€5,664
down €5,664 (-4.3%), from -€132,191 to -€137,855
- Gross operating margin -€557
down €557 (-3.8%), from €14,765 to €14,209
- Financial charges +€317
up €317 (+61.2%), from €518 to €835
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 | €269,997 | €262,143 | -€7,854 | -2.9% |
| Fixed assets | 21/28 | €239,465 | €224,162 | -€15,303 | -6.4% |
| Tangible fixed assets | 22/27 | €239,465 | €224,162 | -€15,303 | -6.4% |
| Land and buildings | 22 | €239,165 | €223,962 | -€15,203 | -6.4% |
| Plant, machinery and equipment | 23 | €300 | €200 | -€100 | -33.3% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €30,532 | €37,981 | +€7,449 | +24.4% |
| Amounts receivable within one year | 40/41 | €24,161 | €34,756 | +€10,595 | +43.9% |
| Trade receivables | 40 | €23,993 | €34,588 | +€10,595 | +44.2% |
| Other amounts receivable | 41 | €168 | €168 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,751 | €2,606 | -€3,146 | -54.7% |
| Deferred charges and accrued income | 490/1 | €620 | €620 | = | 0.0% |
| Total equity and liabilities | 10/49 | €269,997 | €262,143 | -€7,854 | -2.9% |
| Equity | 10/15 | -€70,191 | -€75,855 | -€5,664 | -8.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | - | -€62,000 | |
| Other | 1109/19 | €62,000 | - | -€62,000 | |
| Profit (loss) carried forward | 14 | -€132,191 | -€137,855 | -€5,664 | -4.3% |
| Amounts payable | 17/49 | €340,188 | €337,998 | -€2,190 | -0.6% |
| Amounts payable within one year | 42/48 | €340,188 | €337,998 | -€2,190 | -0.6% |
| Trade debts | 44 | €3,770 | €3,330 | -€440 | -11.7% |
| Suppliers | 440/4 | €3,770 | €3,330 | -€440 | -11.7% |
| Other amounts payable | 47/48 | €336,418 | €334,668 | -€1,750 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,303 | €15,303 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,630 | €3,736 | +€106 | +2.9% |
| Gross operating margin | 9900 | €14,765 | €14,209 | -€557 | -3.8% |
| Operating profit (loss) | 9901 | -€4,167 | -€4,830 | -€663 | -15.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €518 | €835 | +€317 | +61.2% |
| Recurring financial charges | 65 | €518 | €835 | +€317 | +61.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,685 | -€5,664 | -€979 | -20.9% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€4,685 | -€5,664 | -€979 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,685 | -€5,664 | -€979 | -20.9% |
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 15 October 2026 via checked.be.