Humidor: 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.
Humidor
Largest movements
- Receivables within one year +€25,365
up €25,365 (+2419.4%), from €1,048 to €26,413
of which Trade receivables: +€25,429
- Deferred charges and accrued income -€23,738
down €23,738 (-72.5%), from €32,738 to €9,000
- Cash +€13,079
up €13,079 (+54.1%), from €24,180 to €37,258
mainly Net result for the year (+€45,269) and Deferred charges and accrued income (+€23,738)
- Tangible fixed assets -€5,414
down €5,414 (-22.2%), from €24,334 to €18,920
of which Furniture and vehicles: -€3,422
- Current investments -€3,359
down €3,359 (-31.1%), from €10,799 to €7,440
- Other debts -€46,028
down €46,028 (-82.4%), from €55,868 to €9,840
- Trade debts +€23,519
up €23,519, from €0 to €23,519
- Tax, wage and social debts +€15,633
up €15,633 (+327.7%), from €4,770 to €20,403
- Reserves +€12,807
up €12,807 (+39.5%), from €32,461 to €45,269
- Gross operating margin +€57,948
up €57,948 (+240.8%), from €24,065 to €82,013
- Taxes +€21,494
up €21,494 (+1034.8%), from €2,077 to €23,571
- Financial charges -€6,230
down €6,230 (-51.2%), from €12,169 to €5,939
- Depreciation +€1,362
up €1,362 (+33.6%), from €4,053 to €5,414
- Other operating charges +€856
up €856 (+88.9%), from €963 to €1,819
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 | €103,099 | €109,031 | +€5,931 | +5.8% |
| Fixed assets | 21/28 | €34,334 | €28,920 | -€5,414 | -15.8% |
| Tangible fixed assets | 22/27 | €24,334 | €18,920 | -€5,414 | -22.2% |
| Land and buildings | 22 | €1,739 | €1,557 | -€182 | -10.5% |
| Plant, machinery and equipment | 23 | €5,026 | €3,515 | -€1,510 | -30.1% |
| Furniture and vehicles | 24 | €15,433 | €12,011 | -€3,422 | -22.2% |
| Other tangible fixed assets | 26 | €2,137 | €1,837 | -€300 | -14.0% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €68,765 | €80,111 | +€11,346 | +16.5% |
| Amounts receivable within one year | 40/41 | €1,048 | €26,413 | +€25,365 | +2419.4% |
| Trade receivables | 40 | €984 | €26,413 | +€25,429 | +2585.6% |
| Other amounts receivable | 41 | €65 | €0 | -€65 | -100.0% |
| Current investments | 50/53 | €10,799 | €7,440 | -€3,359 | -31.1% |
| Cash at bank and in hand | 54/58 | €24,180 | €37,258 | +€13,079 | +54.1% |
| Deferred charges and accrued income | 490/1 | €32,738 | €9,000 | -€23,738 | -72.5% |
| Total equity and liabilities | 10/49 | €103,099 | €109,031 | +€5,931 | +5.8% |
| Equity | 10/15 | €42,461 | €55,269 | +€12,807 | +30.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €32,461 | €45,269 | +€12,807 | +39.5% |
| Distributable reserves | 133 | €32,461 | €45,269 | +€12,807 | +39.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €60,638 | €53,762 | -€6,876 | -11.3% |
| Amounts payable within one year | 42/48 | €60,638 | €53,762 | -€6,876 | -11.3% |
| Trade debts | 44 | €0 | €23,519 | +€23,519 | |
| Suppliers | 440/4 | €0 | €23,519 | +€23,519 | |
| Taxes, remuneration and social security | 45 | €4,770 | €20,403 | +€15,633 | +327.7% |
| Taxes | 450/3 | €4,770 | €20,403 | +€15,633 | +327.7% |
| Other amounts payable | 47/48 | €55,868 | €9,840 | -€46,028 | -82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,053 | €5,414 | +€1,362 | +33.6% |
| Other operating charges | 640/8 | €963 | €1,819 | +€856 | +88.9% |
| Non-recurring operating charges | 66A | €698 | €0 | -€698 | -100.0% |
| Gross operating margin | 9900 | €24,065 | €82,013 | +€57,948 | +240.8% |
| Operating profit (loss) | 9901 | €18,351 | €74,779 | +€56,428 | +307.5% |
| Financial charges | 65/66B | €12,169 | €5,939 | -€6,230 | -51.2% |
| Recurring financial charges | 65 | €12,169 | €5,939 | -€6,230 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €6,182 | €68,840 | +€62,658 | +1013.5% |
| Income taxes | 67/77 | €2,077 | €23,571 | +€21,494 | +1034.8% |
| Profit (loss) for the period | 9904 | €4,105 | €45,269 | +€41,164 | +1002.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,105 | €45,269 | +€41,164 | +1002.7% |
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 6 October 2026 via checked.be.