HuManagement nd: 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.
HuManagement nd
Largest movements
- Cash +€195,673
up €195,673 (+228.2%), from €85,731 to €281,404
mainly Net result for the year (+€158,032) and Accrued charges and deferred income (+€27,270)
- Deferred charges and accrued income +€25,943
new in 2025: €25,943
- Profit (loss) carried forward +€115,932
up €115,932 (+171.1%), from €67,752 to €183,684
- Reserves +€42,100
new in 2025: €42,100
- Accrued charges and deferred income +€27,270
new in 2025: €27,270
- Tax, wage and social debts +€19,685
up €19,685 (+146.3%), from €13,456 to €33,141
of which Taxes: +€19,635
- Provisions +€18,668
new in 2025: €18,668
- Gross operating margin +€147,400
up €147,400 (+167.7%), from €87,891 to €235,291
- Taxes +€38,667
up €38,667 (+218.5%), from €17,696 to €56,363
- Provisions +€18,668
new in 2025: €18,668
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 | €85,835 | €308,000 | +€222,164 | +258.8% |
| Current assets | 29/58 | €85,835 | €308,000 | +€222,164 | +258.8% |
| Amounts receivable within one year | 40/41 | €104 | €653 | +€549 | +527.6% |
| Other amounts receivable | 41 | €104 | €653 | +€549 | +527.6% |
| Cash at bank and in hand | 54/58 | €85,731 | €281,404 | +€195,673 | +228.2% |
| Deferred charges and accrued income | 490/1 | - | €25,943 | +€25,943 | |
| Total equity and liabilities | 10/49 | €85,835 | €308,000 | +€222,164 | +258.8% |
| Equity | 10/15 | €70,752 | €228,784 | +€158,032 | +223.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €42,100 | +€42,100 | |
| Tax-exempt reserves | 132 | - | €42,100 | +€42,100 | |
| Profit (loss) carried forward | 14 | €67,752 | €183,684 | +€115,932 | +171.1% |
| Provisions and deferred taxes | 16 | - | €18,668 | +€18,668 | |
| Provisions for liabilities and charges | 160/5 | - | €18,668 | +€18,668 | |
| Environmental obligations | 163 | - | €18,668 | +€18,668 | |
| Amounts payable | 17/49 | €15,083 | €60,548 | +€45,465 | +301.4% |
| Amounts payable within one year | 42/48 | €15,083 | €33,278 | +€18,195 | +120.6% |
| Trade debts | 44 | €115 | - | -€115 | |
| Suppliers | 440/4 | €115 | - | -€115 | |
| Taxes, remuneration and social security | 45 | €13,456 | €33,141 | +€19,685 | +146.3% |
| Taxes | 450/3 | €12,936 | €32,571 | +€19,635 | +151.8% |
| Remuneration and social security | 454/9 | €520 | €570 | +€50 | +9.6% |
| Other amounts payable | 47/48 | €1,512 | €136 | -€1,376 | -91.0% |
| Accrued charges and deferred income | 492/3 | - | €27,270 | +€27,270 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €18,668 | +€18,668 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €87,891 | €235,291 | +€147,400 | +167.7% |
| Operating profit (loss) | 9901 | €87,503 | €216,223 | +€128,720 | +147.1% |
| Financial income | 75/76B | - | €373 | +€373 | |
| Recurring financial income | 75 | - | €373 | +€373 | |
| Financial charges | 65/66B | €5 | €2,201 | +€2,196 | +44011.2% |
| Recurring financial charges | 65 | €5 | €2,201 | +€2,196 | +44011.2% |
| Profit (loss) for the period before taxes | 9903 | €87,498 | €214,395 | +€126,896 | +145.0% |
| Income taxes | 67/77 | €17,696 | €56,363 | +€38,667 | +218.5% |
| Profit (loss) for the period | 9904 | €69,802 | €158,032 | +€88,229 | +126.4% |
| Transfer to tax-exempt reserves | 689 | - | €42,100 | +€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,802 | €115,932 | +€46,129 | +66.1% |
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 9 October 2026 via checked.be.