HUMAN FORCE: 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 FORCE
Largest movements
- Current investments +€75,084
up €75,084 (+1,330%), from €5,644 to €80,728
- Cash -€68,884
down €68,884 (-74.6%), from €92,302 to €23,418
mainly Current investments (-€75,084) and Other debts (-€23,300)
- Tangible fixed assets -€20,882
down €20,882 (-33.8%), from €61,758 to €40,876
- Other debts -€23,300
down €23,300 (-86.2%), from €27,022 to €3,722
- Reserves +€10,788
up €10,788 (+13.4%), from €80,767 to €91,555
of which Distributable reserves: +€10,788
- Debts after one year -€10,314
down €10,314 (-43.2%), from €23,853 to €13,539
- Trade debts +€7,352
up €7,352 (+412%), from €1,783 to €9,135
- Tax, wage and social debts +€4,681
up €4,681 (+61.7%), from €7,583 to €12,264
- Depreciation -€10,788
down €10,788 (-32.3%), from €33,423 to €22,635
- Gross operating margin -€7,490
down €7,490 (-9.2%), from €81,029 to €73,539
- Staff costs -€3,282
down €3,282 (-42.5%), from €7,728 to €4,446
- Taxes +€2,112
up €2,112 (+15.6%), from €13,583 to €15,696
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 | €188,040 | €173,785 | -€14,255 | -7.6% |
| Fixed assets | 21/28 | €61,758 | €40,876 | -€20,882 | -33.8% |
| Tangible fixed assets | 22/27 | €61,758 | €40,876 | -€20,882 | -33.8% |
| Furniture and vehicles | 24 | €61,758 | €40,876 | -€20,882 | -33.8% |
| Current assets | 29/58 | €126,281 | €132,908 | +€6,627 | +5.2% |
| Amounts receivable within one year | 40/41 | €28,335 | €28,761 | +€426 | +1.5% |
| Trade receivables | 40 | €20,496 | €28,761 | +€8,265 | +40.3% |
| Other amounts receivable | 41 | €7,839 | - | -€7,839 | |
| Current investments | 50/53 | €5,644 | €80,728 | +€75,084 | +1,330% |
| Cash at bank and in hand | 54/58 | €92,302 | €23,418 | -€68,884 | -74.6% |
| Total equity and liabilities | 10/49 | €188,040 | €173,785 | -€14,255 | -7.6% |
| Equity | 10/15 | €114,023 | €124,811 | +€10,788 | +9.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | - | -€20,000 | |
| Issued capital | 100 | €20,000 | - | -€20,000 | |
| Contributions outside capital | 11 | - | €20,000 | +€20,000 | |
| Other | 1109/19 | - | €20,000 | +€20,000 | |
| Reserves | 13 | €80,767 | €91,555 | +€10,788 | +13.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | - | €2,000 | +€2,000 | |
| Distributable reserves | 133 | €78,767 | €89,555 | +€10,788 | +13.7% |
| Profit (loss) carried forward | 14 | €13,256 | €13,256 | = | 0.0% |
| Amounts payable | 17/49 | €74,017 | €48,974 | -€25,043 | -33.8% |
| Amounts payable after more than one year | 17 | €23,853 | €13,539 | -€10,314 | -43.2% |
| Financial debts | 170/4 | €23,853 | €13,539 | -€10,314 | -43.2% |
| Amounts payable within one year | 42/48 | €50,164 | €35,435 | -€14,729 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €13,776 | €10,314 | -€3,462 | -25.1% |
| Trade debts | 44 | €1,783 | €9,135 | +€7,352 | +412% |
| Suppliers | 440/4 | €1,783 | €9,135 | +€7,352 | +412% |
| Taxes, remuneration and social security | 45 | €7,583 | €12,264 | +€4,681 | +61.7% |
| Taxes | 450/3 | €7,583 | €12,264 | +€4,681 | +61.7% |
| Other amounts payable | 47/48 | €27,022 | €3,722 | -€23,300 | -86.2% |
| Remuneration, social security and pensions | 62 | €7,728 | €4,446 | -€3,282 | -42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,423 | €22,635 | -€10,788 | -32.3% |
| Other operating charges | 640/8 | €495 | €683 | +€188 | +37.9% |
| Gross operating margin | 9900 | €81,029 | €73,539 | -€7,490 | -9.2% |
| Operating profit (loss) | 9901 | €39,383 | €45,775 | +€6,392 | +16.2% |
| Financial income | 75/76B | €614 | €105 | -€510 | -83.0% |
| Recurring financial income | 75 | €614 | €105 | -€510 | -83.0% |
| Financial charges | 65/66B | €1,812 | €1,468 | -€344 | -19.0% |
| Recurring financial charges | 65 | €1,812 | €1,468 | -€344 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €38,185 | €44,412 | +€6,227 | +16.3% |
| Income taxes | 67/77 | €13,583 | €15,696 | +€2,112 | +15.6% |
| Profit (loss) for the period | 9904 | €24,602 | €28,716 | +€4,114 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,602 | €28,716 | +€4,114 | +16.7% |
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 27 October 2026 via checked.be.