HUMICO: 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.
What changed
HUMICO
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€6,138
2023 · -€37,220+€31,082
Equity
€65,585
2023 · €71,722-€6,138
Cash
€3,635
2023 · €646+€2,989
Balance sheet total
€1.6m
2023 · €1.4m+€240,110
Largest movements
Assets
- Receivables within one year +€190,345
up €190,345 (+346.5%), from €54,936 to €245,281
of which Trade receivables: +€155,937
- Tangible fixed assets +€47,434
up €47,434 (+3.6%), from €1.3m to €1.4m
of which Land and buildings: +€61,434
Equity and liabilities
- Other debts +€157,600
up €157,600 (+749.4%), from €21,031 to €178,630
- Debts after one year +€105,049
up €105,049 (+9.0%), from €1.2m to €1.3m
of which Other amounts payable: +€100,000
Income statement
- Gross operating margin +€33,439
up €33,439 (+32.8%), from €101,801 to €135,240
- Staff costs -€2,614
down €2,614 (-100.0%), from €2,614 to €0
- Financial income -€1,811
down €1,811 (-72.5%), from €2,499 to €688
- Financial charges +€1,417
up €1,417 (+4.5%), from €31,642 to €33,059
From the 2023 result to the 2024 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.
Result 2023
-€37,220
Gross operating margin
+€33,439
Staff costs
+€2,614
Depreciation
-€573
Other operating charges
-€1,275
Financial income
-€1,811
Financial charges
-€1,417
Taxes
+€105
Result 2024
-€6,138
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€51,954
Investment
-€149,273
Financing
+€100,308
Cash 2023
€646
From operations (derived)
+€51,954
Net result for the year
-€6,138
Depreciation
+€101,840
Receivables within one year
-€190,345
Deferred charges and accrued income
+€658
Trade debts
-€15,728
Tax, wage and social debts
+€4,060
Other debts
+€157,600
Accrued charges and deferred income
+€9
Investment (derived)
-€149,273
Investment in fixed assets (net)
-€149,273
Financing
+€100,308
Debts after one year
+€105,049
Current portion of long-term debt
-€1,410
Short-term financial debts
-€3,331
Cash 2024
€3,635
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,370,852 | €1,610,962 | +€240,110 | +17.5% |
| Fixed assets | 21/28 | €1,311,805 | €1,359,239 | +€47,434 | +3.6% |
| Tangible fixed assets | 22/27 | €1,311,805 | €1,359,239 | +€47,434 | +3.6% |
| Land and buildings | 22 | €1,272,260 | €1,333,694 | +€61,434 | +4.8% |
| Furniture and vehicles | 24 | €7,556 | €5,556 | -€2,000 | -26.5% |
| Leasing and similar rights | 25 | €31,989 | €19,989 | -€12,000 | -37.5% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €59,047 | €251,723 | +€192,677 | +326.3% |
| Amounts receivable within one year | 40/41 | €54,936 | €245,281 | +€190,345 | +346.5% |
| Trade receivables | 40 | €7,932 | €163,869 | +€155,937 | +1965.9% |
| Other amounts receivable | 41 | €47,004 | €81,412 | +€34,408 | +73.2% |
| Cash at bank and in hand | 54/58 | €646 | €3,635 | +€2,989 | +462.8% |
| Deferred charges and accrued income | 490/1 | €3,465 | €2,807 | -€658 | -19.0% |
| Total equity and liabilities | 10/49 | €1,370,852 | €1,610,962 | +€240,110 | +17.5% |
| Equity | 10/15 | €71,722 | €65,585 | -€6,138 | -8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,122 | €46,985 | -€6,138 | -11.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €51,262 | €45,125 | -€6,138 | -12.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,299,130 | €1,545,378 | +€246,248 | +19.0% |
| Amounts payable after more than one year | 17 | €1,167,423 | €1,272,472 | +€105,049 | +9.0% |
| Financial debts | 170/4 | €1,094,923 | €1,099,972 | +€5,049 | +0.5% |
| Other amounts payable | 178/9 | €72,500 | €172,500 | +€100,000 | +137.9% |
| Amounts payable within one year | 42/48 | €131,707 | €272,897 | +€141,190 | +107.2% |
| Current portion of amounts payable after more than one year | 42 | €79,902 | €78,491 | -€1,410 | -1.8% |
| Financial debts | 43 | €5,022 | €1,692 | -€3,331 | -66.3% |
| Credit institutions | 430/8 | €5,022 | €1,692 | -€3,331 | -66.3% |
| Trade debts | 44 | €19,778 | €4,049 | -€15,728 | -79.5% |
| Suppliers | 440/4 | €19,778 | €4,049 | -€15,728 | -79.5% |
| Taxes, remuneration and social security | 45 | €5,974 | €10,034 | +€4,060 | +68.0% |
| Taxes | 450/3 | €5,974 | €10,034 | +€4,060 | +68.0% |
| Other amounts payable | 47/48 | €21,031 | €178,630 | +€157,600 | +749.4% |
| Accrued charges and deferred income | 492/3 | €0 | €9 | +€9 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,614 | €0 | -€2,614 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,266 | €101,840 | +€573 | +0.6% |
| Other operating charges | 640/8 | €5,689 | €6,964 | +€1,275 | +22.4% |
| Gross operating margin | 9900 | €101,801 | €135,240 | +€33,439 | +32.8% |
| Operating profit (loss) | 9901 | -€7,768 | €26,437 | +€34,205 | |
| Financial income | 75/76B | €2,499 | €688 | -€1,811 | -72.5% |
| Recurring financial income | 75 | €2,499 | €688 | -€1,811 | -72.5% |
| Financial charges | 65/66B | €31,642 | €33,059 | +€1,417 | +4.5% |
| Recurring financial charges | 65 | €31,642 | €33,059 | +€1,417 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€36,911 | -€5,934 | +€30,977 | +83.9% |
| Income taxes | 67/77 | €309 | €204 | -€105 | -34.1% |
| Profit (loss) for the period | 9904 | -€37,220 | -€6,138 | +€31,082 | +83.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,220 | -€6,138 | +€31,082 | +83.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.