HUMBLET - STERCK: what changed
HUMBLET - STERCK
Largest movements
- Tangible fixed assets -€43,962
down €43,962 (-9.1%), from €481,691 to €437,729
- Cash +€12,343
up €12,343 (+119%), from €10,395 to €22,737
mainly Depreciation (+€43,962) and Net result for the year (+€26,499)
- Receivables within one year +€8,755
up €8,755 (+22.5%), from €38,834 to €47,589
of which Other amounts receivable: +€9,960
- Debts after one year -€57,783
down €57,783 (-11.8%), from €487,713 to €429,929
- Profit (loss) carried forward +€26,499
up €26,499 (+48.7%), from -€54,369 to -€27,870
- Trade debts +€5,817
up €5,817 (+178%), from €3,273 to €9,090
- Gross operating margin +€8,867
up €8,867 (+9.6%), from €91,978 to €100,845
- Financial charges -€8,779
down €8,779 (-27.9%), from €31,419 to €22,640
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €530,920 | €508,055 | -€22,865 | -4.3% |
| Fixed assets | 21/28 | €481,691 | €437,729 | -€43,962 | -9.1% |
| Tangible fixed assets | 22/27 | €481,691 | €437,729 | -€43,962 | -9.1% |
| Land and buildings | 22 | €481,691 | €437,729 | -€43,962 | -9.1% |
| Current assets | 29/58 | €49,229 | €70,326 | +€21,098 | +42.9% |
| Amounts receivable within one year | 40/41 | €38,834 | €47,589 | +€8,755 | +22.5% |
| Trade receivables | 40 | €38,794 | €37,589 | -€1,205 | -3.1% |
| Other amounts receivable | 41 | €40 | €10,000 | +€9,960 | +24,850% |
| Cash at bank and in hand | 54/58 | €10,395 | €22,737 | +€12,343 | +119% |
| Total equity and liabilities | 10/49 | €530,920 | €508,055 | -€22,865 | -4.3% |
| Equity | 10/15 | -€15,742 | €10,757 | +€26,499 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €20,035 | €20,035 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,458 | €14,458 | = | 0.0% |
| Distributable reserves | 133 | €5,578 | €5,578 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,369 | -€27,870 | +€26,499 | +48.7% |
| Amounts payable | 17/49 | €546,662 | €497,298 | -€49,364 | -9.0% |
| Amounts payable after more than one year | 17 | €487,713 | €429,929 | -€57,783 | -11.8% |
| Financial debts | 170/4 | €487,713 | €429,929 | -€57,783 | -11.8% |
| Amounts payable within one year | 42/48 | €58,949 | €67,368 | +€8,419 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €55,406 | €57,783 | +€2,377 | +4.3% |
| Trade debts | 44 | €3,273 | €9,090 | +€5,817 | +178% |
| Suppliers | 440/4 | €3,273 | €9,090 | +€5,817 | +178% |
| Taxes, remuneration and social security | 45 | - | €495 | +€495 | |
| Taxes | 450/3 | - | €495 | +€495 | |
| Other amounts payable | 47/48 | €270 | - | -€270 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,962 | €43,962 | = | 0.0% |
| Other operating charges | 640/8 | €7,508 | €7,743 | +€236 | +3.1% |
| Gross operating margin | 9900 | €91,978 | €100,845 | +€8,867 | +9.6% |
| Operating profit (loss) | 9901 | €40,508 | €49,139 | +€8,631 | +21.3% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €31,419 | €22,640 | -€8,779 | -27.9% |
| Recurring financial charges | 65 | €31,419 | €22,640 | -€8,779 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €9,099 | €26,499 | +€17,400 | +191% |
| Profit (loss) for the period | 9904 | €9,099 | €26,499 | +€17,400 | +191% |
| Profit (loss) for the period to be appropriated | 9905 | €9,099 | €26,499 | +€17,400 | +191% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.