HUMANCIPATIO: 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.
HUMANCIPATIO
Largest movements
- Receivables within one year +€78,003
up €78,003 (+53.9%), from €144,812 to €222,815
of which Trade receivables: +€79,283
- Cash +€8,634
up €8,634 (+379%), from €2,280 to €10,915
mainly Net result for the year (+€75,451) and Other debts (+€8,536)
- Profit (loss) carried forward +€75,451
up €75,451, from -€35,386 to €40,065
- Other debts +€8,536
up €8,536 (+6.0%), from €142,110 to €150,646
- Tax, wage and social debts +€5,219
up €5,219 (+18.2%), from €28,632 to €33,851
of which Taxes: +€9,529
- Gross operating margin +€140,527
up €140,527 (+1,083%), from €12,971 to €153,498
- Taxes +€20,765
new in 2025: €20,765
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 | €147,092 | €233,973 | +€86,881 | +59.1% |
| Current assets | 29/58 | €147,092 | €233,973 | +€86,881 | +59.1% |
| Amounts receivable within one year | 40/41 | €144,812 | €222,815 | +€78,003 | +53.9% |
| Trade receivables | 40 | €92,687 | €171,970 | +€79,283 | +85.5% |
| Other amounts receivable | 41 | €52,125 | €50,845 | -€1,280 | -2.5% |
| Cash at bank and in hand | 54/58 | €2,280 | €10,915 | +€8,634 | +379% |
| Deferred charges and accrued income | 490/1 | - | €244 | +€244 | |
| Total equity and liabilities | 10/49 | €147,092 | €233,973 | +€86,881 | +59.1% |
| Equity | 10/15 | -€34,386 | €41,065 | +€75,451 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | - | -€1,000 | |
| Other | 1109/19 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | -€35,386 | €40,065 | +€75,451 | |
| Amounts payable | 17/49 | €181,477 | €192,908 | +€11,431 | +6.3% |
| Amounts payable within one year | 42/48 | €181,477 | €192,908 | +€11,431 | +6.3% |
| Trade debts | 44 | €10,735 | €8,411 | -€2,323 | -21.6% |
| Suppliers | 440/4 | €10,735 | €8,411 | -€2,323 | -21.6% |
| Taxes, remuneration and social security | 45 | €28,632 | €33,851 | +€5,219 | +18.2% |
| Taxes | 450/3 | €11,423 | €20,952 | +€9,529 | +83.4% |
| Remuneration and social security | 454/9 | €17,208 | €12,899 | -€4,310 | -25.0% |
| Other amounts payable | 47/48 | €142,110 | €150,646 | +€8,536 | +6.0% |
| Remuneration, social security and pensions | 62 | €42,402 | €43,120 | +€718 | +1.7% |
| Other operating charges | 640/8 | €1,091 | €465 | -€626 | -57.4% |
| Non-recurring operating charges | 66A | - | €13,757 | +€13,757 | |
| Gross operating margin | 9900 | €12,971 | €153,498 | +€140,527 | +1,083% |
| Operating profit (loss) | 9901 | -€30,522 | €96,156 | +€126,678 | |
| Financial income | 75/76B | €1 | €60 | +€59 | +6,523% |
| Recurring financial income | 75 | €1 | €60 | +€59 | +6,523% |
| Financial charges | 65/66B | €1 | €0 | -€1 | -100% |
| Recurring financial charges | 65 | €1 | €0 | -€1 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€30,522 | €96,216 | +€126,737 | |
| Income taxes | 67/77 | - | €20,765 | +€20,765 | |
| Profit (loss) for the period | 9904 | -€30,522 | €75,451 | +€105,972 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,522 | €75,451 | +€105,972 |
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 15 October 2026 via checked.be.