HUMAN COMPETENCE CENTER: 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 COMPETENCE CENTER
Largest movements
- Financial fixed assets +€346,050
up €346,050 (+346%), from €100,000 to €446,050
- Deferred charges and accrued income -€175,593
down €175,593 (-90.4%), from €194,256 to €18,662
- Cash -€79,098
down €79,098 (-84.0%), from €94,161 to €15,063
mainly Investment in fixed assets (net) (-€346,050) and Stocks and contracts (-€30,150)
- Tangible fixed assets -€50,912
down €50,912 (-28.3%), from €179,968 to €129,056
- Stocks and contracts +€30,150
new in 2025: €30,150
- Reserves +€43,636
up €43,636 (+120%), from €36,396 to €80,032
- Gross operating margin -€153,645
down €153,645 (-65.5%), from €234,506 to €80,862
- Financial income +€18,432
new in 2025: €18,432
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 | €626,509 | €670,497 | +€43,987 | +7.0% |
| Fixed assets | 21/28 | €279,968 | €575,106 | +€295,138 | +105% |
| Tangible fixed assets | 22/27 | €179,968 | €129,056 | -€50,912 | -28.3% |
| Furniture and vehicles | 24 | €179,968 | €129,056 | -€50,912 | -28.3% |
| Financial fixed assets | 28 | €100,000 | €446,050 | +€346,050 | +346% |
| Current assets | 29/58 | €346,541 | €95,391 | -€251,151 | -72.5% |
| Stocks and contracts in progress | 3 | - | €30,150 | +€30,150 | |
| Stocks | 30/36 | - | €30,150 | +€30,150 | |
| Amounts receivable within one year | 40/41 | €58,124 | €31,515 | -€26,609 | -45.8% |
| Trade receivables | 40 | €41,562 | €31,515 | -€10,046 | -24.2% |
| Other amounts receivable | 41 | €16,563 | - | -€16,563 | |
| Cash at bank and in hand | 54/58 | €94,161 | €15,063 | -€79,098 | -84.0% |
| Deferred charges and accrued income | 490/1 | €194,256 | €18,662 | -€175,593 | -90.4% |
| Total equity and liabilities | 10/49 | €626,509 | €670,497 | +€43,987 | +7.0% |
| Equity | 10/15 | €604,596 | €648,232 | +€43,636 | +7.2% |
| Contributions | 10/11 | €568,200 | €568,200 | = | 0.0% |
| Reserves | 13 | €36,396 | €80,032 | +€43,636 | +120% |
| Distributable reserves | 133 | €36,396 | €80,032 | +€43,636 | +120% |
| Amounts payable | 17/49 | €21,914 | €22,264 | +€351 | +1.6% |
| Amounts payable within one year | 42/48 | €21,164 | €21,310 | +€147 | +0.7% |
| Trade debts | 44 | €1,106 | €564 | -€542 | -49.0% |
| Suppliers | 440/4 | €1,106 | €564 | -€542 | -49.0% |
| Taxes, remuneration and social security | 45 | €2,409 | €7,782 | +€5,373 | +223% |
| Taxes | 450/3 | €2,409 | €7,782 | +€5,373 | +223% |
| Other amounts payable | 47/48 | €17,648 | €12,965 | -€4,684 | -26.5% |
| Accrued charges and deferred income | 492/3 | €750 | €954 | +€204 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,912 | €50,912 | = | 0.0% |
| Other operating charges | 640/8 | €268 | €211 | -€57 | -21.2% |
| Gross operating margin | 9900 | €234,506 | €80,862 | -€153,645 | -65.5% |
| Operating profit (loss) | 9901 | €183,327 | €29,739 | -€153,588 | -83.8% |
| Financial income | 75/76B | - | €18,432 | +€18,432 | |
| Recurring financial income | 75 | - | €18,432 | +€18,432 | |
| Financial charges | 65/66B | €24 | €28 | +€3 | +14.3% |
| Recurring financial charges | 65 | €24 | €28 | +€3 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €183,302 | €48,143 | -€135,159 | -73.7% |
| Income taxes | 67/77 | €2,409 | €4,506 | +€2,097 | +87.1% |
| Profit (loss) for the period | 9904 | €180,893 | €43,636 | -€137,257 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €180,893 | €43,636 | -€137,257 | -75.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.