Human Intelligence: 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 Intelligence
Largest movements
- Receivables within one year +€163,513
up €163,513 (+754%), from €21,677 to €185,190
of which Trade receivables: +€157,369
- Cash +€43,732
up €43,732 (+156%), from €27,980 to €71,711
mainly Trade debts (+€107,421) and Net result for the year (+€42,229)
- Deferred charges and accrued income +€3,053
up €3,053 (+39.3%), from €7,772 to €10,825
- Trade debts +€107,421
up €107,421 (+295%), from €36,363 to €143,784
- Profit (loss) carried forward +€42,229
up €42,229 (+45.8%), from -€92,264 to -€50,035
- Tax, wage and social debts +€40,423
up €40,423 (+437%), from €9,253 to €49,676
of which Taxes: +€25,163
- Other debts +€20,300
up €20,300 (+18.4%), from €110,036 to €130,336
- Gross operating margin +€277,725
up €277,725, from -€19,651 to €258,075
- Staff costs +€139,321
up €139,321 (+195%), from €71,459 to €210,780
- Financial charges +€2,877
up €2,877 (+633%), from €455 to €3,332
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 | €66,871 | €277,917 | +€211,046 | +316% |
| Fixed assets | 21/28 | €9,442 | €10,190 | +€748 | +7.9% |
| Tangible fixed assets | 22/27 | €2,302 | €3,050 | +€748 | +32.5% |
| Furniture and vehicles | 24 | €2,302 | €3,050 | +€748 | +32.5% |
| Financial fixed assets | 28 | €7,140 | €7,140 | = | 0.0% |
| Current assets | 29/58 | €57,429 | €267,727 | +€210,298 | +366% |
| Amounts receivable within one year | 40/41 | €21,677 | €185,190 | +€163,513 | +754% |
| Trade receivables | 40 | €19,088 | €176,458 | +€157,369 | +824% |
| Other amounts receivable | 41 | €2,589 | €8,733 | +€6,143 | +237% |
| Cash at bank and in hand | 54/58 | €27,980 | €71,711 | +€43,732 | +156% |
| Deferred charges and accrued income | 490/1 | €7,772 | €10,825 | +€3,053 | +39.3% |
| Total equity and liabilities | 10/49 | €66,871 | €277,917 | +€211,046 | +316% |
| Equity | 10/15 | -€89,764 | -€47,535 | +€42,229 | +47.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,264 | -€50,035 | +€42,229 | +45.8% |
| Amounts payable | 17/49 | €156,635 | €325,452 | +€168,817 | +108% |
| Amounts payable within one year | 42/48 | €156,635 | €325,452 | +€168,817 | +108% |
| Financial debts | 43 | €983 | €1,655 | +€672 | +68.4% |
| Credit institutions | 430/8 | €983 | €1,655 | +€672 | +68.4% |
| Trade debts | 44 | €36,363 | €143,784 | +€107,421 | +295% |
| Suppliers | 440/4 | €36,363 | €143,784 | +€107,421 | +295% |
| Taxes, remuneration and social security | 45 | €9,253 | €49,676 | +€40,423 | +437% |
| Taxes | 450/3 | €135 | €25,298 | +€25,163 | +18,579% |
| Remuneration and social security | 454/9 | €9,117 | €24,378 | +€15,260 | +167% |
| Other amounts payable | 47/48 | €110,036 | €130,336 | +€20,300 | +18.4% |
| Remuneration, social security and pensions | 62 | €71,459 | €210,780 | +€139,321 | +195% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €514 | €1,208 | +€694 | +135% |
| Other operating charges | 640/8 | €50 | €144 | +€94 | +188% |
| Gross operating margin | 9900 | -€19,651 | €258,075 | +€277,725 | |
| Operating profit (loss) | 9901 | -€91,673 | €45,942 | +€137,616 | |
| Financial income | 75/76B | €0 | €18 | +€18 | +183,200% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +183,200% |
| Financial charges | 65/66B | €455 | €3,332 | +€2,877 | +633% |
| Recurring financial charges | 65 | €455 | €3,332 | +€2,877 | +633% |
| Profit (loss) for the period before taxes | 9903 | -€92,128 | €42,629 | +€134,757 | |
| Income taxes | 67/77 | €135 | €400 | +€265 | +196% |
| Profit (loss) for the period | 9904 | -€92,264 | €42,229 | +€134,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€92,264 | €42,229 | +€134,492 |
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 17 October 2026 via checked.be.