HUMAN SOCIAL PROCESS: 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 SOCIAL PROCESS
Largest movements
- Receivables within one year +€207,132
up €207,132 (+33.4%), from €620,083 to €827,215
of which Trade receivables: +€237,526
- Cash +€181,901
up €181,901 (+20.7%), from €880,164 to €1.1m
mainly Net result for the year (+€208,777) and Trade debts (+€185,463)
- Tangible fixed assets +€165,199
up €165,199 (+53.2%), from €310,538 to €475,738
of which Furniture and vehicles: +€191,415
- Profit (loss) carried forward +€208,777
up €208,777 (+34.1%), from €611,617 to €820,394
- Trade debts +€185,463
up €185,463 (+25.7%), from €721,208 to €906,671
- Tax, wage and social debts +€161,421
up €161,421 (+101%), from €159,713 to €321,134
of which Taxes: +€164,631
- Reserves -€56,000
down €56,000 (-90.0%), from €62,200 to €6,200
of which Tax-exempt reserves: -€56,000
- Staff costs +€61,966
up €61,966 (+24.2%), from €255,743 to €317,709
- Gross operating margin -€42,251
down €42,251 (-5.5%), from €763,161 to €720,910
- Taxes -€29,975
down €29,975 (-25.5%), from €117,686 to €87,711
- Other operating charges +€9,119
up €9,119 (+79.9%), from €11,421 to €20,540
- Depreciation +€8,279
up €8,279 (+13.1%), from €63,088 to €71,366
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 | €1,937,660 | €2,495,575 | +€557,915 | +28.8% |
| Fixed assets | 21/28 | €310,538 | €475,738 | +€165,199 | +53.2% |
| Tangible fixed assets | 22/27 | €310,538 | €475,738 | +€165,199 | +53.2% |
| Land and buildings | 22 | €200,212 | €188,100 | -€12,113 | -6.0% |
| Furniture and vehicles | 24 | €55,240 | €246,655 | +€191,415 | +347% |
| Other tangible fixed assets | 26 | €55,086 | €40,983 | -€14,103 | -25.6% |
| Current assets | 29/58 | €1,627,122 | €2,019,837 | +€392,715 | +24.1% |
| Amounts receivable after more than one year | 29 | €122,933 | €122,933 | = | 0.0% |
| Trade receivables | 290 | €122,933 | €122,933 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €620,083 | €827,215 | +€207,132 | +33.4% |
| Trade receivables | 40 | €531,699 | €769,225 | +€237,526 | +44.7% |
| Other amounts receivable | 41 | €88,384 | €57,990 | -€30,394 | -34.4% |
| Cash at bank and in hand | 54/58 | €880,164 | €1,062,064 | +€181,901 | +20.7% |
| Deferred charges and accrued income | 490/1 | €3,942 | €7,625 | +€3,683 | +93.4% |
| Total equity and liabilities | 10/49 | €1,937,660 | €2,495,575 | +€557,915 | +28.8% |
| Equity | 10/15 | €735,817 | €888,594 | +€152,777 | +20.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €62,200 | €6,200 | -€56,000 | -90.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,000 | - | -€56,000 | |
| Distributable reserves | 133 | - | €0 | = | |
| Profit (loss) carried forward | 14 | €611,617 | €820,394 | +€208,777 | +34.1% |
| Amounts payable | 17/49 | €1,201,844 | €1,606,981 | +€405,138 | +33.7% |
| Amounts payable after more than one year | 17 | €263,856 | €279,350 | +€15,494 | +5.9% |
| Financial debts | 170/4 | €263,856 | €279,350 | +€15,494 | +5.9% |
| Amounts payable within one year | 42/48 | €937,987 | €1,327,631 | +€389,643 | +41.5% |
| Current portion of amounts payable after more than one year | 42 | €57,067 | €81,906 | +€24,839 | +43.5% |
| Trade debts | 44 | €721,208 | €906,671 | +€185,463 | +25.7% |
| Suppliers | 440/4 | €721,208 | €906,671 | +€185,463 | +25.7% |
| Taxes, remuneration and social security | 45 | €159,713 | €321,134 | +€161,421 | +101% |
| Taxes | 450/3 | €140,899 | €305,531 | +€164,631 | +117% |
| Remuneration and social security | 454/9 | €18,813 | €15,603 | -€3,210 | -17.1% |
| Other amounts payable | 47/48 | - | €17,920 | +€17,920 | |
| Non-recurring operating income | 76A | €32,343 | €19,753 | -€12,590 | -38.9% |
| Remuneration, social security and pensions | 62 | €255,743 | €317,709 | +€61,966 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,088 | €71,366 | +€8,279 | +13.1% |
| Other operating charges | 640/8 | €11,421 | €20,540 | +€9,119 | +79.9% |
| Non-recurring operating charges | 66A | €10,304 | €9,174 | -€1,130 | -11.0% |
| Gross operating margin | 9900 | €763,161 | €720,910 | -€42,251 | -5.5% |
| Operating profit (loss) | 9901 | €422,606 | €302,121 | -€120,484 | -28.5% |
| Financial income | 75/76B | €47 | €5,648 | +€5,601 | +11,796% |
| Recurring financial income | 75 | €47 | €5,648 | +€5,601 | +11,796% |
| Financial charges | 65/66B | €14,085 | €11,281 | -€2,803 | -19.9% |
| Recurring financial charges | 65 | €14,085 | €11,281 | -€2,803 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €408,569 | €296,488 | -€112,081 | -27.4% |
| Income taxes | 67/77 | €117,686 | €87,711 | -€29,975 | -25.5% |
| Profit (loss) for the period | 9904 | €290,883 | €208,777 | -€82,106 | -28.2% |
| Transfer from tax-exempt reserves | 789 | - | €56,000 | +€56,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €290,883 | €264,777 | -€26,106 | -9.0% |
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.