Humilitas: what changed
Two financial 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.
Humilitas
Largest movements
- Tangible fixed assets +€47,181
up €47,181 (+195%), from €24,199 to €71,379
of which Assets under construction and advance payments: +€57,660
- Current investments -€7,870
down €7,870 (-100%), from €7,870 to €0
- Receivables within one year -€4,143
down €4,143 (-43.2%), from €9,580 to €5,437
of which Other amounts receivable: -€4,325
- Cash +€1,833
up €1,833 (+137%), from €1,342 to €3,175
mainly Debts after one year (+€23,099) and Depreciation (+€10,363)
- Debts after one year +€23,099
up €23,099 (+85.5%), from €27,025 to €50,124
- Trade debts +€7,256
up €7,256 (+188%), from €3,868 to €11,124
- Profit (loss) carried forward +€6,797
up €6,797 (+91.6%), from €7,419 to €14,216
- Gross operating margin +€17,229
up €17,229 (+115%), from €15,028 to €32,257
- Financial charges +€9,932
up €9,932, from -€821 to €9,111
of which Financial charges: +€9,932
- Taxes +€2,137
up €2,137 (+91.7%), from €2,331 to €4,468
- Depreciation -€719
down €719 (-6.5%), from €11,083 to €10,363
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.
Derived cash bridge
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 | €46,479 | €82,911 | +€36,432 | +78.4% |
| Fixed assets | 21/28 | €24,252 | €71,388 | +€47,136 | +194% |
| Intangible fixed assets | 21 | €53 | €8 | -€45 | -84.5% |
| Tangible fixed assets | 22/27 | €24,199 | €71,379 | +€47,181 | +195% |
| Plant, machinery and equipment | 23 | €239 | - | -€239 | |
| Furniture and vehicles | 24 | €23,960 | €13,719 | -€10,241 | -42.7% |
| Assets under construction and advance payments | 27 | - | €57,660 | +€57,660 | |
| Current assets | 29/58 | €22,227 | €11,524 | -€10,704 | -48.2% |
| Amounts receivable within one year | 40/41 | €9,580 | €5,437 | -€4,143 | -43.2% |
| Trade receivables | 40 | €5,080 | €5,262 | +€182 | +3.6% |
| Other amounts receivable | 41 | €4,500 | €175 | -€4,325 | -96.1% |
| Current investments | 50/53 | €7,870 | €0 | -€7,870 | -100% |
| Cash at bank and in hand | 54/58 | €1,342 | €3,175 | +€1,833 | +137% |
| Deferred charges and accrued income | 490/1 | €3,436 | €2,912 | -€524 | -15.3% |
| Total equity and liabilities | 10/49 | €46,479 | €82,911 | +€36,432 | +78.4% |
| Equity | 10/15 | €12,419 | €19,216 | +€6,797 | +54.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,419 | €14,216 | +€6,797 | +91.6% |
| Amounts payable | 17/49 | €34,061 | €63,695 | +€29,634 | +87.0% |
| Amounts payable after more than one year | 17 | €27,025 | €50,124 | +€23,099 | +85.5% |
| Financial debts | 170/4 | €27,025 | €50,124 | +€23,099 | +85.5% |
| Amounts payable within one year | 42/48 | €7,036 | €13,571 | +€6,535 | +92.9% |
| Trade debts | 44 | €3,868 | €11,124 | +€7,256 | +188% |
| Suppliers | 440/4 | €3,868 | €11,124 | +€7,256 | +188% |
| Taxes, remuneration and social security | 45 | €2,857 | €2,447 | -€410 | -14.4% |
| Taxes | 450/3 | €1,976 | €1,496 | -€481 | -24.3% |
| Remuneration and social security | 454/9 | €880 | €951 | +€71 | +8.0% |
| Other amounts payable | 47/48 | €311 | - | -€311 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,083 | €10,363 | -€719 | -6.5% |
| Other operating charges | 640/8 | €1,361 | €1,517 | +€156 | +11.4% |
| Gross operating margin | 9900 | €15,028 | €32,257 | +€17,229 | +115% |
| Operating profit (loss) | 9901 | €2,584 | €20,377 | +€17,792 | +689% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | -€821 | €9,111 | +€9,932 | |
| Recurring financial charges | 65 | -€821 | €9,111 | +€9,932 | |
| Non-recurring financial charges | 66B | -€821 | €9,111 | +€9,932 | |
| Profit (loss) for the period before taxes | 9903 | €3,405 | €11,265 | +€7,861 | +231% |
| Income taxes | 67/77 | €2,331 | €4,468 | +€2,137 | +91.7% |
| Profit (loss) for the period | 9904 | €1,074 | €6,797 | +€5,724 | +533% |
| Profit (loss) for the period to be appropriated | 9905 | €1,074 | €6,797 | +€5,724 | +533% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.