Humbl: 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.
Humbl
Largest movements
- Cash -€15,129
down €15,129 (-16.6%), from €91,006 to €75,877
mainly Contributions, distributions and other (-€94,462) and Debts after one year (-€11,832)
- Tangible fixed assets -€10,388
down €10,388 (-27.9%), from €37,207 to €26,819
of which Furniture and vehicles: -€9,931
- Receivables within one year -€8,545
down €8,545 (-23.6%), from €36,209 to €27,664
- Stocks and contracts +€4,070
up €4,070 (+32.2%), from €12,645 to €16,715
- Profit (loss) carried forward -€25,812
down €25,812 (-100.0%), from €25,812 to €0
- Debts after one year -€11,832
down €11,832 (-89.3%), from €13,243 to €1,411
- Other debts +€9,473
up €9,473 (+12.9%), from €73,286 to €82,760
- Trade debts -€2,046
down €2,046 (-20.5%), from €9,962 to €7,916
- Tax, wage and social debts +€2,037
up €2,037 (+20.4%), from €10,003 to €12,040
- Gross operating margin +€57,432
up €57,432 (+127.4%), from €45,064 to €102,496
- Taxes +€10,776
up €10,776 (+143.8%), from €7,492 to €18,269
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 | €179,220 | €149,354 | -€29,866 | -16.7% |
| Fixed assets | 21/28 | €37,207 | €26,819 | -€10,388 | -27.9% |
| Tangible fixed assets | 22/27 | €37,207 | €26,819 | -€10,388 | -27.9% |
| Plant, machinery and equipment | 23 | €827 | €369 | -€457 | -55.3% |
| Furniture and vehicles | 24 | €36,380 | €26,449 | -€9,931 | -27.3% |
| Current assets | 29/58 | €142,013 | €122,535 | -€19,478 | -13.7% |
| Stocks and contracts in progress | 3 | €12,645 | €16,715 | +€4,070 | +32.2% |
| Stocks | 30/36 | €12,645 | €16,715 | +€4,070 | +32.2% |
| Amounts receivable within one year | 40/41 | €36,209 | €27,664 | -€8,545 | -23.6% |
| Trade receivables | 40 | €36,209 | €27,664 | -€8,545 | -23.6% |
| Cash at bank and in hand | 54/58 | €91,006 | €75,877 | -€15,129 | -16.6% |
| Deferred charges and accrued income | 490/1 | €2,153 | €2,279 | +€126 | +5.9% |
| Total equity and liabilities | 10/49 | €179,220 | €149,354 | -€29,866 | -16.7% |
| Equity | 10/15 | €29,312 | €3,500 | -€25,812 | -88.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,812 | €0 | -€25,812 | -100.0% |
| Amounts payable | 17/49 | €149,908 | €145,854 | -€4,054 | -2.7% |
| Amounts payable after more than one year | 17 | €13,243 | €1,411 | -€11,832 | -89.3% |
| Financial debts | 170/4 | €13,243 | €1,411 | -€11,832 | -89.3% |
| Amounts payable within one year | 42/48 | €104,802 | €114,547 | +€9,745 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €11,552 | €11,832 | +€280 | +2.4% |
| Trade debts | 44 | €9,962 | €7,916 | -€2,046 | -20.5% |
| Suppliers | 440/4 | €9,962 | €7,916 | -€2,046 | -20.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,003 | €12,040 | +€2,037 | +20.4% |
| Taxes | 450/3 | €10,003 | €12,040 | +€2,037 | +20.4% |
| Other amounts payable | 47/48 | €73,286 | €82,760 | +€9,473 | +12.9% |
| Accrued charges and deferred income | 492/3 | €31,862 | €29,896 | -€1,967 | -6.2% |
| Non-recurring operating income | 76A | €3,337 | €0 | -€3,337 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,418 | €10,388 | -€29 | -0.3% |
| Other operating charges | 640/8 | €515 | €947 | +€432 | +84.0% |
| Non-recurring operating charges | 66A | - | €3,661 | +€3,661 | |
| Gross operating margin | 9900 | €45,064 | €102,496 | +€57,432 | +127.4% |
| Operating profit (loss) | 9901 | €34,132 | €87,500 | +€53,369 | +156.4% |
| Financial income | 75/76B | €19 | €77 | +€58 | +310.7% |
| Recurring financial income | 75 | €19 | €77 | +€58 | +310.7% |
| Financial charges | 65/66B | €845 | €659 | -€187 | -22.1% |
| Recurring financial charges | 65 | €845 | €659 | -€187 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €33,305 | €86,918 | +€53,614 | +161.0% |
| Income taxes | 67/77 | €7,492 | €18,269 | +€10,776 | +143.8% |
| Profit (loss) for the period | 9904 | €25,812 | €68,650 | +€42,837 | +166.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,812 | €68,650 | +€42,837 | +166.0% |
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 7 October 2026 via checked.be.