Human8 Europe: what changed
What changed
Human8 Europe
NACE 73.200, Market research and public opinion polling
filed annual accounts (NBB)
Net result for the year
-€1.0m
2024 · -€2.5m+€1.5m
Equity
€48.0m
2024 · €49.0m-€1.0m
Cash
€1.9m
2024 · €1.7m+€196,882
Balance sheet total
€121.8m
2024 · €115.2m+€6.6m
Largest movements
Assets
- Receivables within one year +€7.8m
up €7.8m (+15.3%), from €51.4m to €59.2m
of which Other amounts receivable: +€4.4m
- Deferred charges and accrued income -€1.4m
down €1.4m (-92.7%), from €1.5m to €112,106
Equity and liabilities
- Trade debts +€10.8m
up €10.8m (+520%), from €2.1m to €12.9m
- Other debts -€8.8m
down €8.8m (-18.5%), from €47.3m to €38.5m
- Advances received +€6.7m
new in 2025: €6.7m
- Short-term financial debts -€1.3m
no longer reported in 2025 (was €1.3m)
Income statement
- Turnover -€8.5m
down €8.5m (-16.3%), from €52.1m to €43.6m
- Goods and materials -€8.4m
down €8.4m (-16.3%), from €52.0m to €43.5m
- Financial income +€5.4m
up €5.4m (+316%), from €1.7m to €7.1m
- Financial charges +€5.1m
up €5.1m (+122%), from €4.2m to €9.3m
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
-€2.5m
Turnover
-€8.5m
Other operating income
+€18,045
Goods and materials
+€8.4m
Services and other goods
+€37,687
Write-downs
-€20,786
Other operating charges
+€4,331
Other operating items
+€1.2m
Financial income
+€5.4m
Financial charges
-€5.1m
Taxes
-€26,388
Result 2025
-€1.0m
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
+€1.2m
Investment
€0
Financing
-€999,908
Cash 2024
€1.7m
From operations (derived)
+€1.2m
Net result for the year
-€1.0m
Receivables within one year
-€7.8m
Deferred charges and accrued income
+€1.4m
Trade debts
+€10.8m
Tax, wage and social debts
+€205,692
Advances received
+€6.7m
Other debts
-€8.8m
Accrued charges and deferred income
-€327,149
Financing
-€999,908
Debts after one year
-€241,618
Current portion of long-term debt
+€541,710
Short-term financial debts
-€1.3m
Cash 2025
€1.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,227,664 | €121,838,964 | +€6.6m | +5.7% |
| Fixed assets | 21/28 | €59,754,776 | €59,754,776 | = | 0.0% |
| Financial fixed assets | 28 | €59,754,776 | €59,754,776 | = | 0.0% |
| Affiliated companies | 280/1 | €59,754,776 | €59,754,776 | = | 0.0% |
| Participating interests | 280 | €59,754,776 | €59,754,776 | = | 0.0% |
| Current assets | 29/58 | €55,472,888 | €62,084,188 | +€6.6m | +11.9% |
| Amounts receivable within one year | 40/41 | €51,404,824 | €59,244,466 | +€7.8m | +15.3% |
| Trade receivables | 40 | €13,770,472 | €17,242,802 | +€3.5m | +25.2% |
| Other amounts receivable | 41 | €37,634,352 | €42,001,664 | +€4.4m | +11.6% |
| Current investments | 50/53 | €820,592 | €820,592 | = | 0.0% |
| Own shares | 50 | €820,592 | €820,592 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,710,142 | €1,907,024 | +€196,882 | +11.5% |
| Deferred charges and accrued income | 490/1 | €1,537,329 | €112,106 | -€1.4m | -92.7% |
| Total equity and liabilities | 10/49 | €115,227,664 | €121,838,964 | +€6.6m | +5.7% |
| Equity | 10/15 | €48,989,695 | €47,970,368 | -€1.0m | -2.1% |
| Contributions | 10/11 | €43,599,952 | €43,599,952 | = | 0.0% |
| Capital | 10 | €28,510,302 | €28,510,302 | = | 0.0% |
| Issued capital | 100 | €28,510,302 | €28,510,302 | = | 0.0% |
| Contributions outside capital | 11 | €15,089,650 | €15,089,650 | = | 0.0% |
| Share premium | 1100/10 | €463,798 | €463,798 | = | 0.0% |
| Other | 1109/19 | €14,625,852 | €14,625,852 | = | 0.0% |
| Reserves | 13 | €1,234,514 | €1,234,514 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,234,514 | €1,234,514 | = | 0.0% |
| Legal reserve | 130 | €413,922 | €413,922 | = | 0.0% |
| Own shares acquired | 1312 | €820,592 | €820,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,155,229 | €3,135,902 | -€1.0m | -24.5% |
| Amounts payable | 17/49 | €66,237,969 | €73,868,596 | +€7.6m | +11.5% |
| Amounts payable after more than one year | 17 | €14,328,684 | €14,087,065 | -€241,618 | -1.7% |
| Financial debts | 170/4 | €14,328,684 | €14,087,065 | -€241,618 | -1.7% |
| Credit institutions | 173 | €4,603,133 | €3,983,655 | -€619,477 | -13.5% |
| Other loans | 174 | €9,725,551 | €10,103,410 | +€377,859 | +3.9% |
| Amounts payable within one year | 42/48 | €51,357,367 | €59,556,761 | +€8.2m | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €650,067 | €1,191,777 | +€541,710 | +83.3% |
| Financial debts | 43 | €1,300,000 | - | -€1.3m | |
| Credit institutions | 430/8 | €1,300,000 | - | -€1.3m | |
| Trade debts | 44 | €2,073,240 | €12,850,054 | +€10.8m | +520% |
| Suppliers | 440/4 | €2,073,240 | €12,850,054 | +€10.8m | +520% |
| Advances received on contracts in progress | 46 | - | €6,741,375 | +€6.7m | |
| Taxes, remuneration and social security | 45 | €67,636 | €273,328 | +€205,692 | +304% |
| Taxes | 450/3 | €67,636 | €273,328 | +€205,692 | +304% |
| Other amounts payable | 47/48 | €47,266,424 | €38,500,227 | -€8.8m | -18.5% |
| Accrued charges and deferred income | 492/3 | €551,918 | €224,769 | -€327,149 | -59.3% |
| Operating income | 70/76A | €52,956,951 | €46,310,332 | -€6.6m | -12.6% |
| Turnover | 70 | €52,102,374 | €43,610,379 | -€8.5m | -16.3% |
| Other operating income | 74 | - | €18,045 | +€18,045 | |
| Non-recurring operating income | 76A | €854,577 | €2,681,908 | +€1.8m | +214% |
| Operating charges | 60/66A | €52,987,991 | €45,142,553 | -€7.8m | -14.8% |
| Goods for resale, raw materials and consumables | 60 | €51,968,444 | €43,519,116 | -€8.4m | -16.3% |
| Purchases | 600/8 | €51,968,444 | €43,519,116 | -€8.4m | -16.3% |
| Services and other goods | 61 | €148,810 | €111,123 | -€37,687 | -25.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €20,786 | +€20,786 | |
| Other operating charges | 640/8 | €9,344 | €5,013 | -€4,331 | -46.3% |
| Non-recurring operating charges | 66A | €861,393 | €1,486,515 | +€625,122 | +72.6% |
| Operating profit (loss) | 9901 | -€31,040 | €1,167,780 | +€1.2m | |
| Financial income | 75/76B | €1,715,916 | €7,134,076 | +€5.4m | +316% |
| Recurring financial income | 75 | €1,715,916 | €7,134,076 | +€5.4m | +316% |
| Other financial income | 752/9 | €1,715,916 | €7,134,076 | +€5.4m | +316% |
| Financial charges | 65/66B | €4,194,264 | €9,293,122 | +€5.1m | +122% |
| Recurring financial charges | 65 | €4,194,264 | €9,293,122 | +€5.1m | +122% |
| Debt charges | 650 | €768,264 | €1,074,865 | +€306,601 | +39.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €1,349,014 | - | -€1.3m | |
| Other financial charges | 652/9 | €2,076,986 | €8,218,257 | +€6.1m | +296% |
| Profit (loss) for the period before taxes | 9903 | -€2,509,388 | -€991,267 | +€1.5m | +60.5% |
| Income taxes | 67/77 | €1,673 | €28,061 | +€26,388 | +1,578% |
| Taxes | 670/3 | €1,673 | €28,061 | +€26,388 | +1,578% |
| Profit (loss) for the period | 9904 | -€2,511,060 | -€1,019,327 | +€1.5m | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,511,060 | -€1,019,327 | +€1.5m | +59.4% |
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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 7 November 2026 via checked.be.