Human Business: 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 Business
Largest movements
- Cash +€45,117
up €45,117 (+93.7%), from €48,167 to €93,283
mainly Net result for the year (+€46,806) and Depreciation (+€11,480)
- Tangible fixed assets -€8,477
down €8,477 (-22.0%), from €38,471 to €29,993
of which Leasing and similar rights: -€10,079
- Reserves +€46,806
up €46,806 (+59.7%), from €78,460 to €125,267
- Debts after one year -€9,661
down €9,661 (-38.7%), from €24,972 to €15,312
- Gross operating margin -€2,898
down €2,898 (-3.8%), from €76,521 to €73,624
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 | €120,955 | €158,370 | +€37,415 | +30.9% |
| Fixed assets | 21/28 | €38,471 | €29,993 | -€8,477 | -22.0% |
| Tangible fixed assets | 22/27 | €38,471 | €29,993 | -€8,477 | -22.0% |
| Furniture and vehicles | 24 | €2,931 | €4,533 | +€1,602 | +54.6% |
| Leasing and similar rights | 25 | €35,540 | €25,460 | -€10,079 | -28.4% |
| Current assets | 29/58 | €82,484 | €128,376 | +€45,892 | +55.6% |
| Amounts receivable within one year | 40/41 | €30,201 | €30,021 | -€180 | -0.6% |
| Trade receivables | 40 | €29,620 | €29,602 | -€18 | -0.1% |
| Other amounts receivable | 41 | €581 | €418 | -€163 | -28.0% |
| Cash at bank and in hand | 54/58 | €48,167 | €93,283 | +€45,117 | +93.7% |
| Deferred charges and accrued income | 490/1 | €4,117 | €5,072 | +€956 | +23.2% |
| Total equity and liabilities | 10/49 | €120,955 | €158,370 | +€37,415 | +30.9% |
| Equity | 10/15 | €81,460 | €128,267 | +€46,806 | +57.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €78,460 | €125,267 | +€46,806 | +59.7% |
| Distributable reserves | 133 | €78,460 | €125,267 | +€46,806 | +59.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €39,494 | €30,103 | -€9,392 | -23.8% |
| Amounts payable after more than one year | 17 | €24,972 | €15,312 | -€9,661 | -38.7% |
| Financial debts | 170/4 | €24,972 | €15,312 | -€9,661 | -38.7% |
| Amounts payable within one year | 42/48 | €14,522 | €14,791 | +€269 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €9,245 | €9,661 | +€416 | +4.5% |
| Trade debts | 44 | €234 | €116 | -€119 | -50.7% |
| Suppliers | 440/4 | €234 | €116 | -€119 | -50.7% |
| Taxes, remuneration and social security | 45 | €5,043 | €5,015 | -€28 | -0.6% |
| Taxes | 450/3 | €5,043 | €5,015 | -€28 | -0.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,776 | €11,480 | +€704 | +6.5% |
| Other operating charges | 640/8 | €1,111 | €1,156 | +€46 | +4.1% |
| Gross operating margin | 9900 | €76,521 | €73,624 | -€2,898 | -3.8% |
| Operating profit (loss) | 9901 | €64,635 | €60,988 | -€3,647 | -5.6% |
| Financial income | 75/76B | €18 | €21 | +€3 | +19.7% |
| Recurring financial income | 75 | €18 | €21 | +€3 | +19.7% |
| Financial charges | 65/66B | €1,744 | €1,424 | -€320 | -18.4% |
| Recurring financial charges | 65 | €1,744 | €1,424 | -€320 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €62,908 | €59,585 | -€3,324 | -5.3% |
| Income taxes | 67/77 | €13,421 | €12,778 | -€642 | -4.8% |
| Profit (loss) for the period | 9904 | €49,488 | €46,806 | -€2,681 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,488 | €46,806 | -€2,681 | -5.4% |
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 22 October 2026 via checked.be.