HUMAN EYES: 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 EYES
Largest movements
- Tangible fixed assets -€19,970
down €19,970 (-6.3%), from €316,151 to €296,181
of which Land and buildings: -€16,216
- Receivables within one year +€3,245
up €3,245 (+181%), from €1,793 to €5,039
of which Trade receivables: +€2,425
- Other debts +€28,320
up €28,320 (+30.8%), from €92,074 to €120,393
- Profit (loss) carried forward -€27,801
down €27,801 (-23.1%), from -€120,471 to -€148,272
- Debts after one year -€17,450
down €17,450 (-5.6%), from €310,404 to €292,954
- Depreciation -€1,813
down €1,813 (-8.3%), from €21,784 to €19,970
- Financial charges -€424
down €424 (-4.9%), from €8,574 to €8,150
of which Financial charges: -€471
- Other operating charges +€345
up €345 (+31.0%), from €1,114 to €1,459
- Gross operating margin -€117
down €117 (-5.4%), from €2,188 to €2,071
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 | €320,242 | €303,325 | -€16,917 | -5.3% |
| Fixed assets | 21/28 | €316,151 | €296,181 | -€19,970 | -6.3% |
| Tangible fixed assets | 22/27 | €316,151 | €296,181 | -€19,970 | -6.3% |
| Land and buildings | 22 | €272,126 | €255,910 | -€16,216 | -6.0% |
| Plant, machinery and equipment | 23 | €39,363 | €37,373 | -€1,989 | -5.1% |
| Furniture and vehicles | 24 | €4,662 | €2,897 | -€1,765 | -37.9% |
| Current assets | 29/58 | €4,091 | €7,144 | +€3,054 | +74.7% |
| Amounts receivable within one year | 40/41 | €1,793 | €5,039 | +€3,245 | +181% |
| Trade receivables | 40 | €120 | €2,545 | +€2,425 | +2,021% |
| Other amounts receivable | 41 | €1,673 | €2,493 | +€820 | +49.0% |
| Cash at bank and in hand | 54/58 | €606 | €330 | -€276 | -45.5% |
| Deferred charges and accrued income | 490/1 | €1,691 | €1,775 | +€84 | +5.0% |
| Total equity and liabilities | 10/49 | €320,242 | €303,325 | -€16,917 | -5.3% |
| Equity | 10/15 | -€101,871 | -€129,672 | -€27,801 | -27.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,471 | -€148,272 | -€27,801 | -23.1% |
| Amounts payable | 17/49 | €422,112 | €432,997 | +€10,885 | +2.6% |
| Amounts payable after more than one year | 17 | €310,404 | €292,954 | -€17,450 | -5.6% |
| Financial debts | 170/4 | €310,404 | €292,954 | -€17,450 | -5.6% |
| Amounts payable within one year | 42/48 | €110,818 | €139,650 | +€28,831 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €17,891 | €17,891 | = | 0.0% |
| Trade debts | 44 | €655 | €1,168 | +€513 | +78.4% |
| Suppliers | 440/4 | €655 | €1,168 | +€513 | +78.4% |
| Taxes, remuneration and social security | 45 | €199 | €197 | -€2 | -0.8% |
| Taxes | 450/3 | €199 | €197 | -€2 | -0.8% |
| Other amounts payable | 47/48 | €92,074 | €120,393 | +€28,320 | +30.8% |
| Accrued charges and deferred income | 492/3 | €890 | €393 | -€497 | -55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,784 | €19,970 | -€1,813 | -8.3% |
| Other operating charges | 640/8 | €1,114 | €1,459 | +€345 | +31.0% |
| Non-recurring operating charges | 66A | - | €96 | +€96 | |
| Gross operating margin | 9900 | €2,188 | €2,071 | -€117 | -5.4% |
| Operating profit (loss) | 9901 | -€20,709 | -€19,455 | +€1,255 | +6.1% |
| Financial charges | 65/66B | €8,574 | €8,150 | -€424 | -4.9% |
| Recurring financial charges | 65 | €8,574 | €8,102 | -€471 | -5.5% |
| Non-recurring financial charges | 66B | - | €47 | +€47 | |
| Profit (loss) for the period before taxes | 9903 | -€29,283 | -€27,604 | +€1,678 | +5.7% |
| Income taxes | 67/77 | €199 | €197 | -€2 | -0.8% |
| Profit (loss) for the period | 9904 | -€29,482 | -€27,801 | +€1,680 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,482 | -€27,801 | +€1,680 | +5.7% |
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 25 October 2026 via checked.be.