HUMAN GOLD: what changed
What changed
HUMAN GOLD
NACE 78.200, Temporary employment agencies and other provision of personnel
filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €785,979+€531,871
Equity
€384,974
2024 · €567,123-€182,150
Cash
€35,660
2024 · €146,269-€110,610
Balance sheet total
€9.7m
2024 · €5.2m+€4.5m
Largest movements
Assets
- Receivables within one year +€4.7m
up €4.7m (+103%), from €4.6m to €9.3m
of which Other amounts receivable: +€3.1m
- Cash -€110,610
down €110,610 (-75.6%), from €146,269 to €35,660
mainly Receivables within one year (-€4.7m) and Contributions, distributions and other (-€1.5m)
Equity and liabilities
- Short-term financial debts +€1.5m
up €1.5m (+382%), from €396,616 to €1.9m
of which Credit institutions: +€1.7m
- Other debts +€1.5m
up €1.5m (+188%), from €799,998 to €2.3m
- Trade debts +€1.1m
up €1.1m (+193%), from €589,174 to €1.7m
- Tax, wage and social debts +€545,178
up €545,178 (+19.4%), from €2.8m to €3.4m
of which Taxes: +€561,522
- Reserves -€182,150
down €182,150 (-76.5%), from €238,250 to €56,101
Income statement
- Turnover +€8.7m
up €8.7m (+36.4%), from €23.9m to €32.5m
- Staff costs +€8.1m
up €8.1m (+37.8%), from €21.4m to €29.5m
- Other operating income +€359,528
up €359,528 (+32.9%), from €1.1m to €1.5m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€785,979
Turnover
+€8.7m
Other operating income
+€359,528
Services and other goods
-€287,629
Staff costs
-€8.1m
Depreciation
+€42,608
Write-downs
-€7,097
Other operating charges
+€2,893
Other operating items
+€36,220
Financial income
-€6,470
Financial charges
+€50,309
Taxes
-€255,771
Result 2025
€1.3m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€110,801
Investment
+€9,548
Financing
-€9,357
Cash 2024
€146,269
From operations (derived)
-€110,801
Net result for the year
+€1.3m
Depreciation
+€78,895
Receivables within one year
-€4.7m
Deferred charges and accrued income
+€50,655
Trade debts
+€1.1m
Tax, wage and social debts
+€545,178
Other debts
+€1.5m
Investment (derived)
+€9,548
Investment in fixed assets (net)
+€9,548
Financing
-€9,357
Current portion of long-term debt
-€22,500
Short-term financial debts
+€1.5m
Contributions, distributions and other
-€1.5m
Cash 2025
€35,660
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,190,111 | €9,680,958 | +€4.5m | +86.5% |
| Fixed assets | 21/28 | €286,176 | €197,734 | -€88,443 | -30.9% |
| Intangible fixed assets | 21 | €69,613 | €63,057 | -€6,556 | -9.4% |
| Tangible fixed assets | 22/27 | €104,482 | €89,662 | -€14,820 | -14.2% |
| Plant, machinery and equipment | 23 | €2,260 | €742 | -€1,519 | -67.2% |
| Furniture and vehicles | 24 | €26,421 | €24,655 | -€1,766 | -6.7% |
| Other tangible fixed assets | 26 | €75,800 | €64,265 | -€11,535 | -15.2% |
| Financial fixed assets | 28 | €112,082 | €45,015 | -€67,067 | -59.8% |
| Other financial fixed assets | 284/8 | €112,082 | €45,015 | -€67,067 | -59.8% |
| Amounts receivable and cash guarantees | 285/8 | €112,082 | €45,015 | -€67,067 | -59.8% |
| Current assets | 29/58 | €4,903,934 | €9,483,224 | +€4.6m | +93.4% |
| Amounts receivable within one year | 40/41 | €4,608,348 | €9,348,903 | +€4.7m | +103% |
| Trade receivables | 40 | €4,243,857 | €5,915,704 | +€1.7m | +39.4% |
| Other amounts receivable | 41 | €364,492 | €3,433,199 | +€3.1m | +842% |
| Cash at bank and in hand | 54/58 | €146,269 | €35,660 | -€110,610 | -75.6% |
| Deferred charges and accrued income | 490/1 | €149,317 | €98,662 | -€50,655 | -33.9% |
| Total equity and liabilities | 10/49 | €5,190,111 | €9,680,958 | +€4.5m | +86.5% |
| Equity | 10/15 | €567,123 | €384,974 | -€182,150 | -32.1% |
| Contributions | 10/11 | €328,873 | €328,873 | = | 0.0% |
| Reserves | 13 | €238,250 | €56,101 | -€182,150 | -76.5% |
| Distributable reserves | 133 | €238,250 | €56,101 | -€182,150 | -76.5% |
| Amounts payable | 17/49 | €4,622,987 | €9,295,984 | +€4.7m | +101% |
| Amounts payable within one year | 42/48 | €4,622,987 | €9,295,984 | +€4.7m | +101% |
| Current portion of amounts payable after more than one year | 42 | €22,500 | - | -€22,500 | |
| Financial debts | 43 | €396,616 | €1,909,759 | +€1.5m | +382% |
| Credit institutions | 430/8 | €224,179 | €1,909,759 | +€1.7m | +752% |
| Other loans | 439 | €172,437 | - | -€172,437 | |
| Trade debts | 44 | €589,174 | €1,726,348 | +€1.1m | +193% |
| Suppliers | 440/4 | €589,174 | €1,726,348 | +€1.1m | +193% |
| Taxes, remuneration and social security | 45 | €2,814,699 | €3,359,877 | +€545,178 | +19.4% |
| Taxes | 450/3 | €621,868 | €1,183,390 | +€561,522 | +90.3% |
| Remuneration and social security | 454/9 | €2,192,831 | €2,176,486 | -€16,344 | -0.7% |
| Other amounts payable | 47/48 | €799,998 | €2,300,000 | +€1.5m | +188% |
| Operating income | 70/76A | €24,956,255 | €33,993,132 | +€9.0m | +36.2% |
| Turnover | 70 | €23,862,512 | €32,539,862 | +€8.7m | +36.4% |
| Other operating income | 74 | €1,093,743 | €1,453,271 | +€359,528 | +32.9% |
| Operating charges | 60/66A | €24,015,620 | €32,308,694 | +€8.3m | +34.5% |
| Services and other goods | 61 | €2,469,933 | €2,757,562 | +€287,629 | +11.6% |
| Remuneration, social security and pensions | 62 | €21,372,849 | €29,452,916 | +€8.1m | +37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,503 | €78,895 | -€42,608 | -35.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,067 | €1,030 | +€7,097 | |
| Other operating charges | 640/8 | €16,183 | €13,290 | -€2,893 | -17.9% |
| Non-recurring operating charges | 66A | €41,220 | €5,000 | -€36,220 | -87.9% |
| Operating profit (loss) | 9901 | €940,635 | €1,684,439 | +€743,804 | +79.1% |
| Financial income | 75/76B | €7,403 | €933 | -€6,470 | -87.4% |
| Recurring financial income | 75 | €7,403 | €933 | -€6,470 | -87.4% |
| Income from current assets | 751 | €3,182 | €858 | -€2,325 | -73.1% |
| Other financial income | 752/9 | €4,221 | €76 | -€4,145 | -98.2% |
| Financial charges | 65/66B | €111,916 | €61,607 | -€50,309 | -45.0% |
| Recurring financial charges | 65 | €111,916 | €61,607 | -€50,309 | -45.0% |
| Debt charges | 650 | €110,029 | €57,750 | -€52,278 | -47.5% |
| Other financial charges | 652/9 | €1,887 | €3,857 | +€1,970 | +104% |
| Profit (loss) for the period before taxes | 9903 | €836,122 | €1,623,765 | +€787,643 | +94.2% |
| Income taxes | 67/77 | €50,143 | €305,915 | +€255,771 | +510% |
| Taxes | 670/3 | €80,000 | €305,915 | +€225,915 | +282% |
| Tax adjustments and reversals of tax provisions | 77 | €29,857 | €0 | -€29,856 | -100.0% |
| Profit (loss) for the period | 9904 | €785,979 | €1,317,850 | +€531,871 | +67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €785,979 | €1,317,850 | +€531,871 | +67.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.