HUMATEC: 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.
HUMATEC
Largest movements
- Tangible fixed assets -€16,949
down €16,949 (-28.5%), from €59,450 to €42,500
of which Land and buildings: -€16,875
- Receivables within one year -€10,620
down €10,620 (-37.8%), from €28,113 to €17,493
of which Trade receivables: -€11,221
- Stocks and contracts +€2,968
up €2,968 (+19.5%), from €15,229 to €18,196
- Cash +€2,671
up €2,671 (+3.0%), from €88,059 to €90,730
mainly Depreciation (+€16,949) and Receivables within one year (+€10,620)
- Debts after one year -€14,000
down €14,000 (-7.9%), from €176,850 to €162,850
- Profit (loss) carried forward -€7,089
down €7,089 (-24.2%), from -€29,348 to -€36,437
- Gross operating margin -€5,525
down €5,525 (-35.3%), from €15,667 to €10,141
- Depreciation -€1,096
down €1,096 (-6.1%), from €18,045 to €16,949
- Taxes -€457
no longer reported in 2025 (was €457)
- Other operating charges -€273
down €273 (-20.6%), from €1,327 to €1,054
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 | €192,050 | €170,162 | -€21,889 | -11.4% |
| Fixed assets | 21/28 | €59,450 | €42,500 | -€16,949 | -28.5% |
| Tangible fixed assets | 22/27 | €59,450 | €42,500 | -€16,949 | -28.5% |
| Land and buildings | 22 | €59,376 | €42,500 | -€16,875 | -28.4% |
| Furniture and vehicles | 24 | €74 | - | -€74 | |
| Current assets | 29/58 | €132,601 | €127,662 | -€4,939 | -3.7% |
| Stocks and contracts in progress | 3 | €15,229 | €18,196 | +€2,968 | +19.5% |
| Stocks | 30/36 | €15,229 | €18,196 | +€2,968 | +19.5% |
| Amounts receivable within one year | 40/41 | €28,113 | €17,493 | -€10,620 | -37.8% |
| Trade receivables | 40 | €27,968 | €16,746 | -€11,221 | -40.1% |
| Other amounts receivable | 41 | €145 | €747 | +€601 | +413.4% |
| Cash at bank and in hand | 54/58 | €88,059 | €90,730 | +€2,671 | +3.0% |
| Deferred charges and accrued income | 490/1 | €1,200 | €1,242 | +€42 | +3.5% |
| Total equity and liabilities | 10/49 | €192,050 | €170,162 | -€21,889 | -11.4% |
| Equity | 10/15 | €14,401 | €7,312 | -€7,089 | -49.2% |
| Contributions | 10/11 | €43,592 | €43,592 | = | 0.0% |
| Reserves | 13 | €157 | €157 | = | 0.0% |
| Non-distributable reserves | 130/1 | €157 | €157 | = | 0.0% |
| Reserves not available under the articles | 1311 | €157 | €157 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,348 | -€36,437 | -€7,089 | -24.2% |
| Amounts payable | 17/49 | €177,649 | €162,850 | -€14,799 | -8.3% |
| Amounts payable after more than one year | 17 | €176,850 | €162,850 | -€14,000 | -7.9% |
| Other amounts payable | 178/9 | €176,850 | €162,850 | -€14,000 | -7.9% |
| Amounts payable within one year | 42/48 | €799 | - | -€799 | |
| Taxes, remuneration and social security | 45 | €799 | - | -€799 | |
| Taxes | 450/3 | €799 | - | -€799 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,045 | €16,949 | -€1,096 | -6.1% |
| Other operating charges | 640/8 | €1,327 | €1,054 | -€273 | -20.6% |
| Gross operating margin | 9900 | €15,667 | €10,141 | -€5,525 | -35.3% |
| Operating profit (loss) | 9901 | -€3,705 | -€7,862 | -€4,157 | -112.2% |
| Financial income | 75/76B | €1,031 | €1,093 | +€62 | +6.0% |
| Recurring financial income | 75 | €1,031 | €1,093 | +€62 | +6.0% |
| Financial charges | 65/66B | €379 | €321 | -€59 | -15.4% |
| Recurring financial charges | 65 | €379 | €321 | -€59 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,053 | -€7,089 | -€4,036 | -132.2% |
| Income taxes | 67/77 | €457 | - | -€457 | |
| Profit (loss) for the period | 9904 | -€3,510 | -€7,089 | -€3,580 | -102.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,510 | -€7,089 | -€3,580 | -102.0% |
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 2 October 2026 via checked.be.