HUMAN37: what changed
Two fiscal 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.
HUMAN37
Largest movements
- Current investments -€450,938
down €450,938 (-85.9%), from €524,663 to €73,725
- Cash +€130,810
up €130,810 (+19.1%), from €684,113 to €814,923
mainly Net result for the year (+€772,516) and Current investments (+€450,938)
- Receivables within one year -€24,102
down €24,102 (-4.9%), from €491,380 to €467,279
of which Trade receivables: -€79,514
- Other debts -€263,468
down €263,468 (-31.0%), from €850,132 to €586,664
- Tax, wage and social debts -€140,376
down €140,376 (-61.0%), from €230,258 to €89,882
of which Taxes: -€172,605
- Profit (loss) carried forward +€82,516
up €82,516 (+23.1%), from €357,134 to €439,650
- Accrued charges and deferred income -€56,465
down €56,465 (-24.3%), from €232,155 to €175,691
- Trade debts +€45,555
up €45,555 (+134.6%), from €33,838 to €79,393
- Gross operating margin +€452,816
up €452,816 (+31.4%), from €1.4m to €1.9m
- Staff costs +€302,701
up €302,701 (+54.8%), from €551,919 to €854,620
- Taxes +€47,210
up €47,210 (+20.7%), from €228,542 to €275,752
- Financial income +€21,291
up €21,291 (+125.2%), from €17,009 to €38,300
of which Financial income: +€20,954
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.
Cash bridge derived
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 | €1,723,517 | €1,391,279 | -€332,238 | -19.3% |
| Fixed assets | 21/28 | €23,361 | €35,353 | +€11,991 | +51.3% |
| Intangible fixed assets | 21 | €717 | €12,804 | +€12,087 | +1686.1% |
| Tangible fixed assets | 22/27 | €10,844 | €10,748 | -€96 | -0.9% |
| Plant, machinery and equipment | 23 | €10,844 | €10,748 | -€96 | -0.9% |
| Financial fixed assets | 28 | €11,800 | €11,800 | = | 0.0% |
| Current assets | 29/58 | €1,700,156 | €1,355,926 | -€344,229 | -20.2% |
| Amounts receivable within one year | 40/41 | €491,380 | €467,279 | -€24,102 | -4.9% |
| Trade receivables | 40 | €482,380 | €402,867 | -€79,514 | -16.5% |
| Other amounts receivable | 41 | €9,000 | €64,412 | +€55,412 | +615.7% |
| Current investments | 50/53 | €524,663 | €73,725 | -€450,938 | -85.9% |
| Cash at bank and in hand | 54/58 | €684,113 | €814,923 | +€130,810 | +19.1% |
| Total equity and liabilities | 10/49 | €1,723,517 | €1,391,279 | -€332,238 | -19.3% |
| Equity | 10/15 | €377,134 | €459,650 | +€82,516 | +21.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €357,134 | €439,650 | +€82,516 | +23.1% |
| Amounts payable | 17/49 | €1,346,383 | €931,629 | -€414,753 | -30.8% |
| Amounts payable within one year | 42/48 | €1,114,228 | €755,939 | -€358,289 | -32.2% |
| Trade debts | 44 | €33,838 | €79,393 | +€45,555 | +134.6% |
| Suppliers | 440/4 | €33,838 | €79,393 | +€45,555 | +134.6% |
| Taxes, remuneration and social security | 45 | €230,258 | €89,882 | -€140,376 | -61.0% |
| Taxes | 450/3 | €172,605 | - | -€172,605 | |
| Remuneration and social security | 454/9 | €57,653 | €89,882 | +€32,229 | +55.9% |
| Other amounts payable | 47/48 | €850,132 | €586,664 | -€263,468 | -31.0% |
| Accrued charges and deferred income | 492/3 | €232,155 | €175,691 | -€56,465 | -24.3% |
| Remuneration, social security and pensions | 62 | €551,919 | €854,620 | +€302,701 | +54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,796 | €9,034 | +€4,238 | +88.4% |
| Other operating charges | 640/8 | €387 | €998 | +€611 | +157.8% |
| Non-recurring operating charges | 66A | €246 | €16,085 | +€15,839 | +6435.0% |
| Gross operating margin | 9900 | €1,443,791 | €1,896,607 | +€452,816 | +31.4% |
| Operating profit (loss) | 9901 | €886,442 | €1,015,869 | +€129,426 | +14.6% |
| Financial income | 75/76B | €17,009 | €38,300 | +€21,291 | +125.2% |
| Recurring financial income | 75 | €17,009 | €37,963 | +€20,954 | +123.2% |
| Non-recurring financial income | 76B | - | €338 | +€338 | |
| Financial charges | 65/66B | €3,976 | €5,901 | +€1,925 | +48.4% |
| Recurring financial charges | 65 | €3,638 | €5,901 | +€2,263 | +62.2% |
| Non-recurring financial charges | 66B | €338 | €0 | -€338 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €899,476 | €1,048,268 | +€148,792 | +16.5% |
| Income taxes | 67/77 | €228,542 | €275,752 | +€47,210 | +20.7% |
| Profit (loss) for the period | 9904 | €670,934 | €772,516 | +€101,582 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €670,934 | €772,516 | +€101,582 | +15.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.