HUMBLET-TEC: 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.
HUMBLET-TEC
Largest movements
- Cash -€48,749
down €48,749 (-41.9%), from €116,216 to €67,467
mainly Other debts (-€69,837) and Trade debts (-€25,381)
- Receivables within one year -€24,579
down €24,579 (-33.7%), from €72,831 to €48,251
of which Other amounts receivable: -€23,870
- Tangible fixed assets -€5,905
down €5,905 (-35.8%), from €16,502 to €10,597
of which Furniture and vehicles: -€5,905
- Deferred charges and accrued income -€3,117
down €3,117 (-95.3%), from €3,271 to €154
- Other debts -€69,837
down €69,837 (-59.3%), from €117,815 to €47,978
- Trade debts -€25,381
down €25,381 (-89.8%), from €28,258 to €2,877
- Reserves +€16,150
up €16,150 (+89.7%), from €18,000 to €34,150
- Debts after one year -€5,776
down €5,776 (-79.9%), from €7,229 to €1,453
- Tax, wage and social debts +€4,239
up €4,239 (+89.1%), from €4,757 to €8,996
of which Taxes: +€4,116
- Gross operating margin -€34,522
down €34,522 (-36.7%), from €93,981 to €59,459
- Taxes -€4,752
down €4,752 (-37.1%), from €12,816 to €8,064
- Other operating charges -€1,611
down €1,611 (-69.9%), from €2,306 to €695
- Financial charges -€1,344
down €1,344 (-27.9%), from €4,825 to €3,481
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 | €208,988 | €126,638 | -€82,351 | -39.4% |
| Fixed assets | 21/28 | €16,670 | €10,766 | -€5,905 | -35.4% |
| Tangible fixed assets | 22/27 | €16,502 | €10,597 | -€5,905 | -35.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €16,502 | €10,597 | -€5,905 | -35.8% |
| Financial fixed assets | 28 | €169 | €169 | = | 0.0% |
| Current assets | 29/58 | €192,318 | €115,872 | -€76,446 | -39.7% |
| Amounts receivable within one year | 40/41 | €72,831 | €48,251 | -€24,579 | -33.7% |
| Trade receivables | 40 | €47,665 | €46,955 | -€709 | -1.5% |
| Other amounts receivable | 41 | €25,166 | €1,296 | -€23,870 | -94.9% |
| Cash at bank and in hand | 54/58 | €116,216 | €67,467 | -€48,749 | -41.9% |
| Deferred charges and accrued income | 490/1 | €3,271 | €154 | -€3,117 | -95.3% |
| Total equity and liabilities | 10/49 | €208,988 | €126,638 | -€82,351 | -39.4% |
| Equity | 10/15 | €43,136 | €59,291 | +€16,155 | +37.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €18,000 | €34,150 | +€16,150 | +89.7% |
| Distributable reserves | 133 | €18,000 | €34,150 | +€16,150 | +89.7% |
| Profit (loss) carried forward | 14 | €12,736 | €12,741 | +€5 | 0.0% |
| Amounts payable | 17/49 | €165,852 | €67,347 | -€98,506 | -59.4% |
| Amounts payable after more than one year | 17 | €7,229 | €1,453 | -€5,776 | -79.9% |
| Financial debts | 170/4 | €7,229 | €1,453 | -€5,776 | -79.9% |
| Amounts payable within one year | 42/48 | €156,550 | €65,627 | -€90,924 | -58.1% |
| Current portion of amounts payable after more than one year | 42 | €5,721 | €5,776 | +€56 | +1.0% |
| Trade debts | 44 | €28,258 | €2,877 | -€25,381 | -89.8% |
| Suppliers | 440/4 | €28,258 | €2,877 | -€25,381 | -89.8% |
| Taxes, remuneration and social security | 45 | €4,757 | €8,996 | +€4,239 | +89.1% |
| Taxes | 450/3 | €1,436 | €5,552 | +€4,116 | +286.7% |
| Remuneration and social security | 454/9 | €3,321 | €3,443 | +€122 | +3.7% |
| Other amounts payable | 47/48 | €117,815 | €47,978 | -€69,837 | -59.3% |
| Accrued charges and deferred income | 492/3 | €2,073 | €267 | -€1,806 | -87.1% |
| Remuneration, social security and pensions | 62 | €24,068 | €24,448 | +€380 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,093 | €7,333 | -€761 | -9.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€657 | -€328 | +€328 | +50.0% |
| Other operating charges | 640/8 | €2,306 | €695 | -€1,611 | -69.9% |
| Gross operating margin | 9900 | €93,981 | €59,459 | -€34,522 | -36.7% |
| Operating profit (loss) | 9901 | €60,170 | €27,312 | -€32,858 | -54.6% |
| Financial income | 75/76B | €129 | €388 | +€259 | +201.6% |
| Recurring financial income | 75 | €129 | €388 | +€259 | +201.6% |
| Financial charges | 65/66B | €4,825 | €3,481 | -€1,344 | -27.9% |
| Recurring financial charges | 65 | €4,825 | €3,481 | -€1,344 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €55,473 | €24,219 | -€31,255 | -56.3% |
| Income taxes | 67/77 | €12,816 | €8,064 | -€4,752 | -37.1% |
| Profit (loss) for the period | 9904 | €42,657 | €16,155 | -€26,502 | -62.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,657 | €16,155 | -€26,502 | -62.1% |
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.