HUMARKA: 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.
HUMARKA
Largest movements
- Receivables after one year +€38,813
new in 2025: €38,813
- Cash -€12,009
down €12,009 (-60.3%), from €19,921 to €7,912
mainly Receivables after one year (-€38,813) and Accrued charges and deferred income (-€2,100)
- Receivables within one year -€5,091
down €5,091 (-48.3%), from €10,550 to €5,459
of which Trade receivables: -€5,017
- Tangible fixed assets -€1,182
down €1,182 (-18.9%), from €6,259 to €5,077
of which Plant, machinery and equipment: -€2,571
- Debts after one year +€18,000
up €18,000 (+100.0%), from €18,000 to €36,000
- Tax, wage and social debts +€3,730
up €3,730 (+574.9%), from €649 to €4,378
- Accrued charges and deferred income -€2,100
down €2,100 (-100.0%), from €2,100 to €0
- Trade debts +€1,928
up €1,928 (+637.4%), from €303 to €2,231
- Other debts -€1,177
down €1,177 (-11.3%), from €10,375 to €9,197
- Depreciation +€1,139
up €1,139 (+78.3%), from €1,454 to €2,593
- Taxes -€114
down €114 (-17.6%), from €649 to €535
- Financial income +€110
new in 2025: €110
- Other operating charges +€91
new in 2025: €91
- Gross operating margin -€88
down €88 (-2.6%), from €3,418 to €3,330
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 | €36,729 | €57,260 | +€20,531 | +55.9% |
| Fixed assets | 21/28 | €6,259 | €5,077 | -€1,182 | -18.9% |
| Tangible fixed assets | 22/27 | €6,259 | €5,077 | -€1,182 | -18.9% |
| Plant, machinery and equipment | 23 | €6,259 | €3,688 | -€2,571 | -41.1% |
| Furniture and vehicles | 24 | - | €1,389 | +€1,389 | |
| Current assets | 29/58 | €30,470 | €52,183 | +€21,713 | +71.3% |
| Amounts receivable after more than one year | 29 | - | €38,813 | +€38,813 | |
| Other amounts receivable | 291 | - | €38,813 | +€38,813 | |
| Amounts receivable within one year | 40/41 | €10,550 | €5,459 | -€5,091 | -48.3% |
| Trade receivables | 40 | €10,337 | €5,320 | -€5,017 | -48.5% |
| Other amounts receivable | 41 | €213 | €139 | -€74 | -34.8% |
| Cash at bank and in hand | 54/58 | €19,921 | €7,912 | -€12,009 | -60.3% |
| Total equity and liabilities | 10/49 | €36,729 | €57,260 | +€20,531 | +55.9% |
| Equity | 10/15 | €5,303 | €5,453 | +€150 | +2.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,303 | €1,453 | +€150 | +11.5% |
| Amounts payable | 17/49 | €31,426 | €51,807 | +€20,381 | +64.9% |
| Amounts payable after more than one year | 17 | €18,000 | €36,000 | +€18,000 | +100.0% |
| Financial debts | 170/4 | €18,000 | €36,000 | +€18,000 | +100.0% |
| Amounts payable within one year | 42/48 | €11,326 | €15,807 | +€4,481 | +39.6% |
| Trade debts | 44 | €303 | €2,231 | +€1,928 | +637.4% |
| Suppliers | 440/4 | €303 | €2,231 | +€1,928 | +637.4% |
| Taxes, remuneration and social security | 45 | €649 | €4,378 | +€3,730 | +574.9% |
| Taxes | 450/3 | €649 | €4,378 | +€3,730 | +574.9% |
| Other amounts payable | 47/48 | €10,375 | €9,197 | -€1,177 | -11.3% |
| Accrued charges and deferred income | 492/3 | €2,100 | €0 | -€2,100 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,454 | €2,593 | +€1,139 | +78.3% |
| Other operating charges | 640/8 | - | €91 | +€91 | |
| Gross operating margin | 9900 | €3,418 | €3,330 | -€88 | -2.6% |
| Operating profit (loss) | 9901 | €1,964 | €647 | -€1,318 | -67.1% |
| Financial income | 75/76B | - | €110 | +€110 | |
| Recurring financial income | 75 | - | €110 | +€110 | |
| Financial charges | 65/66B | €12 | €72 | +€60 | +493.6% |
| Recurring financial charges | 65 | €12 | €72 | +€60 | +493.6% |
| Profit (loss) for the period before taxes | 9903 | €1,952 | €685 | -€1,267 | -64.9% |
| Income taxes | 67/77 | €649 | €535 | -€114 | -17.6% |
| Profit (loss) for the period | 9904 | €1,303 | €150 | -€1,153 | -88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,303 | €150 | -€1,153 | -88.5% |
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 4 October 2026 via checked.be.