Humanizer: 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.
Humanizer
Largest movements
- Receivables within one year +€41,601
up €41,601 (+51.2%), from €81,257 to €122,858
of which Other amounts receivable: +€34,050
- Cash +€24,593
up €24,593 (+38.9%), from €63,257 to €87,850
mainly Depreciation (+€88,739) and Net result for the year (+€74,002)
- Tangible fixed assets +€23,884
up €23,884 (+4.2%), from €570,301 to €594,185
of which Furniture and vehicles: +€49,603
- Accrued charges and deferred income +€69,284
up €69,284 (+48,114%), from €144 to €69,428
- Reserves +€58,913
up €58,913 (+56.6%), from €104,056 to €162,969
of which Distributable reserves: +€58,913
- Debts after one year -€58,446
down €58,446 (-13.0%), from €449,898 to €391,452
- Short-term financial debts +€18,377
new in 2025: €18,377
- Trade debts +€9,473
up €9,473 (+42.2%), from €22,464 to €31,936
- Gross operating margin +€79,157
up €79,157 (+44.8%), from €176,568 to €255,724
- Taxes +€17,853
up €17,853 (+69.9%), from €25,552 to €43,405
- Depreciation +€15,181
up €15,181 (+20.6%), from €73,558 to €88,739
- Staff costs +€12,229
up €12,229 (+67.0%), from €18,255 to €30,484
- Other operating charges -€5,127
down €5,127 (-57.7%), from €8,884 to €3,757
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 | €742,427 | €836,652 | +€94,225 | +12.7% |
| Fixed assets | 21/28 | €574,001 | €597,885 | +€23,884 | +4.2% |
| Tangible fixed assets | 22/27 | €570,301 | €594,185 | +€23,884 | +4.2% |
| Land and buildings | 22 | €316,076 | €291,807 | -€24,270 | -7.7% |
| Plant, machinery and equipment | 23 | €2,912 | €2,385 | -€527 | -18.1% |
| Furniture and vehicles | 24 | €245,942 | €295,545 | +€49,603 | +20.2% |
| Other tangible fixed assets | 26 | €5,370 | €4,448 | -€922 | -17.2% |
| Financial fixed assets | 28 | €3,700 | €3,700 | = | 0.0% |
| Current assets | 29/58 | €168,426 | €238,767 | +€70,341 | +41.8% |
| Amounts receivable after more than one year | 29 | €22,386 | €22,386 | = | 0.0% |
| Other amounts receivable | 291 | €22,386 | €22,386 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €81,257 | €122,858 | +€41,601 | +51.2% |
| Trade receivables | 40 | €16,842 | €24,394 | +€7,551 | +44.8% |
| Other amounts receivable | 41 | €64,415 | €98,465 | +€34,050 | +52.9% |
| Cash at bank and in hand | 54/58 | €63,257 | €87,850 | +€24,593 | +38.9% |
| Deferred charges and accrued income | 490/1 | €1,526 | €5,673 | +€4,147 | +272% |
| Total equity and liabilities | 10/49 | €742,427 | €836,652 | +€94,225 | +12.7% |
| Equity | 10/15 | €116,456 | €175,369 | +€58,913 | +50.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €104,056 | €162,969 | +€58,913 | +56.6% |
| Tax-exempt reserves | 132 | €3,580 | €3,580 | = | 0.0% |
| Distributable reserves | 133 | €100,476 | €159,389 | +€58,913 | +58.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €625,971 | €661,283 | +€35,312 | +5.6% |
| Amounts payable after more than one year | 17 | €449,898 | €391,452 | -€58,446 | -13.0% |
| Financial debts | 170/4 | €449,898 | €391,452 | -€58,446 | -13.0% |
| Amounts payable within one year | 42/48 | €175,929 | €200,403 | +€24,474 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €95,929 | €97,221 | +€1,292 | +1.3% |
| Financial debts | 43 | - | €18,377 | +€18,377 | |
| Credit institutions | 430/8 | - | €18,377 | +€18,377 | |
| Trade debts | 44 | €22,464 | €31,936 | +€9,473 | +42.2% |
| Suppliers | 440/4 | €22,464 | €31,936 | +€9,473 | +42.2% |
| Taxes, remuneration and social security | 45 | €52,043 | €51,359 | -€684 | -1.3% |
| Taxes | 450/3 | €47,220 | €47,949 | +€730 | +1.5% |
| Remuneration and social security | 454/9 | €4,823 | €3,410 | -€1,414 | -29.3% |
| Other amounts payable | 47/48 | €5,494 | €1,510 | -€3,984 | -72.5% |
| Accrued charges and deferred income | 492/3 | €144 | €69,428 | +€69,284 | +48,114% |
| Remuneration, social security and pensions | 62 | €18,255 | €30,484 | +€12,229 | +67.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,558 | €88,739 | +€15,181 | +20.6% |
| Other operating charges | 640/8 | €8,884 | €3,757 | -€5,127 | -57.7% |
| Gross operating margin | 9900 | €176,568 | €255,724 | +€79,157 | +44.8% |
| Operating profit (loss) | 9901 | €75,872 | €132,745 | +€56,873 | +75.0% |
| Financial income | 75/76B | €3,066 | €4,809 | +€1,742 | +56.8% |
| Recurring financial income | 75 | €3,066 | €4,809 | +€1,742 | +56.8% |
| Financial charges | 65/66B | €22,771 | €20,147 | -€2,624 | -11.5% |
| Recurring financial charges | 65 | €22,771 | €20,147 | -€2,624 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €56,167 | €117,407 | +€61,240 | +109% |
| Income taxes | 67/77 | €25,552 | €43,405 | +€17,853 | +69.9% |
| Profit (loss) for the period | 9904 | €30,615 | €74,002 | +€43,387 | +142% |
| Profit (loss) for the period to be appropriated | 9905 | €30,615 | €74,002 | +€43,387 | +142% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.