huMAN: 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.
huMAN
Largest movements
- Cash +€40,332
up €40,332 (+32.5%), from €124,150 to €164,482
mainly Net result for the year (+€53,042) and Short-term financial debts (+€3,384)
- Receivables within one year +€15,653
up €15,653 (+670.7%), from €2,334 to €17,987
of which Trade receivables: +€17,987
- Reserves +€53,000
up €53,000 (+43.4%), from €122,000 to €175,000
- Short-term financial debts +€3,384
new in 2025: €3,384
- Tax, wage and social debts -€3,107
down €3,107 (-51.5%), from €6,033 to €2,926
- Depreciation +€1,611
up €1,611 (+146.0%), from €1,103 to €2,714
- Other operating charges -€1,231
down €1,231 (-95.3%), from €1,291 to €60
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 | €131,721 | €186,227 | +€54,505 | +41.4% |
| Fixed assets | 21/28 | €3,780 | €2,300 | -€1,480 | -39.2% |
| Tangible fixed assets | 22/27 | €3,780 | €2,300 | -€1,480 | -39.2% |
| Plant, machinery and equipment | 23 | €1,513 | €1,204 | -€309 | -20.4% |
| Furniture and vehicles | 24 | €2,267 | €1,096 | -€1,171 | -51.6% |
| Current assets | 29/58 | €127,941 | €183,927 | +€55,985 | +43.8% |
| Amounts receivable within one year | 40/41 | €2,334 | €17,987 | +€15,653 | +670.7% |
| Trade receivables | 40 | - | €17,987 | +€17,987 | |
| Other amounts receivable | 41 | €2,334 | - | -€2,334 | |
| Cash at bank and in hand | 54/58 | €124,150 | €164,482 | +€40,332 | +32.5% |
| Deferred charges and accrued income | 490/1 | €1,458 | €1,458 | = | 0.0% |
| Total equity and liabilities | 10/49 | €131,721 | €186,227 | +€54,505 | +41.4% |
| Equity | 10/15 | €125,083 | €178,126 | +€53,042 | +42.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €3,000 | +€3,000 | |
| Share premium | 1100/10 | - | €3,000 | +€3,000 | |
| Reserves | 13 | €122,000 | €175,000 | +€53,000 | +43.4% |
| Distributable reserves | 133 | €122,000 | €175,000 | +€53,000 | +43.4% |
| Profit (loss) carried forward | 14 | €83 | €126 | +€42 | +51.0% |
| Amounts payable | 17/49 | €6,638 | €8,101 | +€1,463 | +22.0% |
| Amounts payable within one year | 42/48 | €6,638 | €8,101 | +€1,463 | +22.0% |
| Financial debts | 43 | - | €3,384 | +€3,384 | |
| Credit institutions | 430/8 | - | €3,384 | +€3,384 | |
| Trade debts | 44 | €592 | €1,251 | +€659 | +111.4% |
| Suppliers | 440/4 | €592 | €1,251 | +€659 | +111.4% |
| Taxes, remuneration and social security | 45 | €6,033 | €2,926 | -€3,107 | -51.5% |
| Taxes | 450/3 | €6,033 | €2,926 | -€3,107 | -51.5% |
| Other amounts payable | 47/48 | €14 | €540 | +€526 | +3861.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,103 | €2,714 | +€1,611 | +146.0% |
| Other operating charges | 640/8 | €1,291 | €60 | -€1,231 | -95.3% |
| Gross operating margin | 9900 | €78,494 | €78,630 | +€136 | +0.2% |
| Operating profit (loss) | 9901 | €76,099 | €75,855 | -€244 | -0.3% |
| Financial income | 75/76B | €256 | €330 | +€73 | +28.6% |
| Recurring financial income | 75 | €256 | €330 | +€73 | +28.6% |
| Financial charges | 65/66B | €2,280 | €2,825 | +€545 | +23.9% |
| Recurring financial charges | 65 | €2,280 | €2,825 | +€545 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €74,076 | €73,360 | -€716 | -1.0% |
| Income taxes | 67/77 | €20,459 | €20,317 | -€142 | -0.7% |
| Profit (loss) for the period | 9904 | €53,617 | €53,042 | -€574 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,617 | €53,042 | -€574 | -1.1% |
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 10 October 2026 via checked.be.