HUMABLE: 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.
HUMABLE
Largest movements
- Cash -€16,880
down €16,880 (-37.7%), from €44,728 to €27,848
mainly Contributions, distributions and other (-€50,000) and Investment in fixed assets (net) (-€7,982)
- Deferred charges and accrued income -€10,428
down €10,428 (-54.8%), from €19,033 to €8,605
- Tangible fixed assets +€5,943
up €5,943 (+163%), from €3,646 to €9,588
of which Other tangible fixed assets: +€3,977
- Reserves -€18,782
down €18,782 (-11.6%), from €161,479 to €142,698
- Trade debts -€2,937
down €2,937 (-79.4%), from €3,700 to €763
- Financial income -€109,852
down €109,852 (-95.9%), from €114,582 to €4,730
- Other operating charges -€5,420
down €5,420 (-90.3%), from €6,005 to €585
- Gross operating margin +€5,176
up €5,176 (+10.8%), from €47,892 to €53,069
- Taxes +€5,015
up €5,015 (+45.2%), from €11,083 to €16,098
- Financial charges +€4,811
up €4,811 (+158%), from €3,047 to €7,858
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 | €239,685 | €218,481 | -€21,204 | -8.8% |
| Fixed assets | 21/28 | €81,923 | €87,866 | +€5,943 | +7.3% |
| Tangible fixed assets | 22/27 | €3,646 | €9,588 | +€5,943 | +163% |
| Furniture and vehicles | 24 | €2,617 | €4,583 | +€1,966 | +75.1% |
| Other tangible fixed assets | 26 | €1,029 | €5,006 | +€3,977 | +386% |
| Financial fixed assets | 28 | €78,277 | €78,277 | = | 0.0% |
| Current assets | 29/58 | €157,762 | €130,615 | -€27,147 | -17.2% |
| Amounts receivable after more than one year | 29 | €94,000 | €94,000 | = | 0.0% |
| Other amounts receivable | 291 | €94,000 | €94,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €0 | €162 | +€162 | |
| Trade receivables | 40 | €0 | €162 | +€162 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €44,728 | €27,848 | -€16,880 | -37.7% |
| Deferred charges and accrued income | 490/1 | €19,033 | €8,605 | -€10,428 | -54.8% |
| Total equity and liabilities | 10/49 | €239,685 | €218,481 | -€21,204 | -8.8% |
| Equity | 10/15 | €166,479 | €147,698 | -€18,782 | -11.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €161,479 | €142,698 | -€18,782 | -11.6% |
| Distributable reserves | 133 | €161,479 | €142,698 | -€18,782 | -11.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,205 | €70,783 | -€2,422 | -3.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €72,652 | €70,783 | -€1,869 | -2.6% |
| Trade debts | 44 | €3,700 | €763 | -€2,937 | -79.4% |
| Suppliers | 440/4 | €3,700 | €763 | -€2,937 | -79.4% |
| Taxes, remuneration and social security | 45 | €16,248 | €18,639 | +€2,391 | +14.7% |
| Taxes | 450/3 | €13,243 | €15,603 | +€2,360 | +17.8% |
| Remuneration and social security | 454/9 | €3,005 | €3,036 | +€31 | +1.0% |
| Other amounts payable | 47/48 | €52,703 | €51,381 | -€1,323 | -2.5% |
| Accrued charges and deferred income | 492/3 | €553 | €0 | -€553 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,710 | €2,039 | +€329 | +19.3% |
| Other operating charges | 640/8 | €6,005 | €585 | -€5,420 | -90.3% |
| Gross operating margin | 9900 | €47,892 | €53,069 | +€5,176 | +10.8% |
| Operating profit (loss) | 9901 | €40,177 | €50,444 | +€10,267 | +25.6% |
| Financial income | 75/76B | €114,582 | €4,730 | -€109,852 | -95.9% |
| Recurring financial income | 75 | €114,582 | €4,730 | -€109,852 | -95.9% |
| Financial charges | 65/66B | €3,047 | €7,858 | +€4,811 | +158% |
| Recurring financial charges | 65 | €3,047 | €7,858 | +€4,811 | +158% |
| Profit (loss) for the period before taxes | 9903 | €151,712 | €47,317 | -€104,396 | -68.8% |
| Income taxes | 67/77 | €11,083 | €16,098 | +€5,015 | +45.2% |
| Profit (loss) for the period | 9904 | €140,629 | €31,218 | -€109,411 | -77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €140,629 | €31,218 | -€109,411 | -77.8% |
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 25 October 2026 via checked.be.