Human Capital District: 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 Capital District
Largest movements
- Current investments -€50,520
down €50,520 (-100%), from €50,520 to €0
- Cash +€48,989
up €48,989 (+451%), from €10,874 to €59,863
mainly Current investments (+€50,520) and Other debts (+€10,500)
- Receivables within one year +€4,767
up €4,767 (+7.4%), from €64,837 to €69,604
of which Trade receivables: +€3,170
- Other debts +€10,500
up €10,500 (+2.8%), from €381,777 to €392,277
- Profit (loss) carried forward -€8,636
down €8,636 (-21.3%), from -€40,547 to -€49,182
- Gross operating margin +€3,025
up €3,025, from -€2,993 to €32
- Financial income -€160
down €160 (-6.1%), from €2,612 to €2,451
- Financial charges -€35
down €35 (-0.3%), from €10,627 to €10,592
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €351,231 | €354,467 | +€3,236 | +0.9% |
| Fixed assets | 21/28 | €225,000 | €225,000 | = | 0.0% |
| Financial fixed assets | 28 | €225,000 | €225,000 | = | 0.0% |
| Current assets | 29/58 | €126,231 | €129,467 | +€3,236 | +2.6% |
| Amounts receivable within one year | 40/41 | €64,837 | €69,604 | +€4,767 | +7.4% |
| Trade receivables | 40 | - | €3,170 | +€3,170 | |
| Other amounts receivable | 41 | €64,837 | €66,434 | +€1,597 | +2.5% |
| Current investments | 50/53 | €50,520 | €0 | -€50,520 | -100% |
| Cash at bank and in hand | 54/58 | €10,874 | €59,863 | +€48,989 | +451% |
| Total equity and liabilities | 10/49 | €351,231 | €354,467 | +€3,236 | +0.9% |
| Equity | 10/15 | -€30,547 | -€39,182 | -€8,636 | -28.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,547 | -€49,182 | -€8,636 | -21.3% |
| Amounts payable | 17/49 | €381,777 | €393,649 | +€11,872 | +3.1% |
| Amounts payable within one year | 42/48 | €381,777 | €393,649 | +€11,872 | +3.1% |
| Trade debts | 44 | - | €908 | +€908 | |
| Suppliers | 440/4 | - | €908 | +€908 | |
| Taxes, remuneration and social security | 45 | - | €464 | +€464 | |
| Taxes | 450/3 | - | €464 | +€464 | |
| Other amounts payable | 47/48 | €381,777 | €392,277 | +€10,500 | +2.8% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€2,993 | €32 | +€3,025 | |
| Operating profit (loss) | 9901 | -€3,506 | -€495 | +€3,011 | +85.9% |
| Financial income | 75/76B | €2,612 | €2,451 | -€160 | -6.1% |
| Recurring financial income | 75 | €2,612 | €2,451 | -€160 | -6.1% |
| Financial charges | 65/66B | €10,627 | €10,592 | -€35 | -0.3% |
| Recurring financial charges | 65 | €10,627 | €10,592 | -€35 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,522 | -€8,636 | +€2,886 | +25.0% |
| Profit (loss) for the period | 9904 | -€11,522 | -€8,636 | +€2,886 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,522 | -€8,636 | +€2,886 | +25.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.