HUMANITER: 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.
HUMANITER
Largest movements
- Cash +€64,958
up €64,958 (+70.2%), from €92,478 to €157,437
mainly Net result for the year (+€99,282) and Trade debts (+€5,627)
- Tangible fixed assets +€40,425
up €40,425 (+851.6%), from €4,747 to €45,172
of which Furniture and vehicles: +€40,751
- Reserves +€99,000
up €99,000 (+24.4%), from €405,400 to €504,400
- Gross operating margin +€32,129
up €32,129 (+27.5%), from €116,862 to €148,991
- Financial income -€8,240
down €8,240 (-51.5%), from €15,990 to €7,750
- Taxes +€7,608
up €7,608 (+18.1%), from €41,925 to €49,533
- Depreciation -€2,648
down €2,648 (-35.9%), from €7,366 to €4,719
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 | €630,438 | €738,401 | +€107,963 | +17.1% |
| Fixed assets | 21/28 | €4,747 | €45,172 | +€40,425 | +851.6% |
| Tangible fixed assets | 22/27 | €4,747 | €45,172 | +€40,425 | +851.6% |
| Plant, machinery and equipment | 23 | €326 | - | -€326 | |
| Furniture and vehicles | 24 | €622 | €41,372 | +€40,751 | +6555.5% |
| Other tangible fixed assets | 26 | €3,800 | €3,800 | = | 0.0% |
| Current assets | 29/58 | €625,690 | €693,228 | +€67,538 | +10.8% |
| Amounts receivable within one year | 40/41 | €3,978 | €6,450 | +€2,473 | +62.2% |
| Trade receivables | 40 | €3,978 | €6,445 | +€2,468 | +62.0% |
| Other amounts receivable | 41 | - | €5 | +€5 | |
| Current investments | 50/53 | €528,637 | €528,637 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €92,478 | €157,437 | +€64,958 | +70.2% |
| Deferred charges and accrued income | 490/1 | €598 | €705 | +€107 | +17.8% |
| Total equity and liabilities | 10/49 | €630,438 | €738,401 | +€107,963 | +17.1% |
| Equity | 10/15 | €576,944 | €676,225 | +€99,282 | +17.2% |
| Contributions | 10/11 | €108,000 | €108,000 | = | 0.0% |
| Reserves | 13 | €405,400 | €504,400 | +€99,000 | +24.4% |
| Distributable reserves | 133 | €405,400 | €504,400 | +€99,000 | +24.4% |
| Profit (loss) carried forward | 14 | €63,544 | €63,825 | +€282 | +0.4% |
| Amounts payable | 17/49 | €53,494 | €62,175 | +€8,681 | +16.2% |
| Amounts payable within one year | 42/48 | €53,494 | €62,175 | +€8,681 | +16.2% |
| Trade debts | 44 | €2,241 | €7,868 | +€5,627 | +251.1% |
| Suppliers | 440/4 | €2,241 | €7,868 | +€5,627 | +251.1% |
| Taxes, remuneration and social security | 45 | €37,954 | €37,333 | -€622 | -1.6% |
| Taxes | 450/3 | €37,954 | €37,333 | -€622 | -1.6% |
| Other amounts payable | 47/48 | €13,299 | €16,974 | +€3,676 | +27.6% |
| Non-recurring operating income | 76A | - | €6,787 | +€6,787 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,366 | €4,719 | -€2,648 | -35.9% |
| Other operating charges | 640/8 | €975 | €2,338 | +€1,363 | +139.7% |
| Gross operating margin | 9900 | €116,862 | €148,991 | +€32,129 | +27.5% |
| Operating profit (loss) | 9901 | €108,521 | €141,935 | +€33,414 | +30.8% |
| Financial income | 75/76B | €15,990 | €7,750 | -€8,240 | -51.5% |
| Recurring financial income | 75 | €15,990 | €7,750 | -€8,240 | -51.5% |
| Financial charges | 65/66B | €1,087 | €870 | -€217 | -20.0% |
| Recurring financial charges | 65 | €1,087 | €870 | -€217 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €123,423 | €148,815 | +€25,392 | +20.6% |
| Income taxes | 67/77 | €41,925 | €49,533 | +€7,608 | +18.1% |
| Profit (loss) for the period | 9904 | €81,498 | €99,282 | +€17,783 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,498 | €99,282 | +€17,783 | +21.8% |
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.