HUMAN DELTA MANAGEMENT: 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 DELTA MANAGEMENT
Largest movements
- Receivables within one year +€1,772
up €1,772 (+92.6%), from €1,913 to €3,685
of which Other amounts receivable: +€2,681
- Deferred charges and accrued income -€486
no longer reported in 2025 (was €486)
- Cash -€415
down €415 (-50.7%), from €819 to €404
mainly Net result for the year (-€3,825) and Debts after one year (-€1,826)
- Trade debts +€4,898
new in 2025: €4,898
- Profit (loss) carried forward -€3,824
down €3,824 (-108%), from -€3,547 to -€7,371
- Debts after one year -€1,826
no longer reported in 2025 (was €1,826)
- Other debts +€1,491
new in 2025: €1,491
- Gross operating margin +€4,009
up €4,009 (+70.4%), from €5,696 to €9,705
- Other operating charges +€841
up €841 (+165%), from €511 to €1,352
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 | €18,731 | €19,470 | +€739 | +3.9% |
| Fixed assets | 21/28 | €15,513 | €15,381 | -€132 | -0.9% |
| Tangible fixed assets | 22/27 | €294 | €162 | -€132 | -44.9% |
| Plant, machinery and equipment | 23 | €152 | €91 | -€61 | -40.1% |
| Furniture and vehicles | 24 | €142 | €71 | -€71 | -50.0% |
| Financial fixed assets | 28 | €15,219 | €15,219 | = | 0.0% |
| Current assets | 29/58 | €3,218 | €4,089 | +€871 | +27.1% |
| Amounts receivable within one year | 40/41 | €1,913 | €3,685 | +€1,772 | +92.6% |
| Trade receivables | 40 | €909 | - | -€909 | |
| Other amounts receivable | 41 | €1,004 | €3,685 | +€2,681 | +267% |
| Cash at bank and in hand | 54/58 | €819 | €404 | -€415 | -50.7% |
| Deferred charges and accrued income | 490/1 | €486 | - | -€486 | |
| Total equity and liabilities | 10/49 | €18,731 | €19,470 | +€739 | +3.9% |
| Equity | 10/15 | €16,905 | €13,081 | -€3,824 | -22.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,252 | €14,252 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,285 | €2,285 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,285 | €2,285 | = | 0.0% |
| Distributable reserves | 133 | €11,967 | €11,967 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,547 | -€7,371 | -€3,824 | -108% |
| Amounts payable | 17/49 | €1,826 | €6,389 | +€4,563 | +250% |
| Amounts payable after more than one year | 17 | €1,826 | - | -€1,826 | |
| Other amounts payable | 178/9 | €1,826 | - | -€1,826 | |
| Amounts payable within one year | 42/48 | - | €6,389 | +€6,389 | |
| Trade debts | 44 | - | €4,898 | +€4,898 | |
| Suppliers | 440/4 | - | €4,898 | +€4,898 | |
| Other amounts payable | 47/48 | - | €1,491 | +€1,491 | |
| Remuneration, social security and pensions | 62 | €12,000 | €12,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133 | €132 | -€1 | -0.8% |
| Other operating charges | 640/8 | €511 | €1,352 | +€841 | +165% |
| Gross operating margin | 9900 | €5,696 | €9,705 | +€4,009 | +70.4% |
| Operating profit (loss) | 9901 | -€6,948 | -€3,779 | +€3,169 | +45.6% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | - | €46 | +€46 | |
| Recurring financial charges | 65 | - | €46 | +€46 | |
| Profit (loss) for the period before taxes | 9903 | -€6,945 | -€3,825 | +€3,120 | +44.9% |
| Profit (loss) for the period | 9904 | -€6,945 | -€3,825 | +€3,120 | +44.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,945 | -€3,825 | +€3,120 | +44.9% |
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 23 October 2026 via checked.be.