Humine: 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.
Humine
Largest movements
- Current investments +€30,196
new in 2025: €30,196
- Cash -€26,208
down €26,208 (-46.7%), from €56,163 to €29,955
mainly Contributions, distributions and other (-€41,131) and Current investments (-€30,196)
- Receivables within one year +€9,846
up €9,846 (+43.1%), from €22,863 to €32,709
of which Other amounts receivable: +€20,191
- Other debts +€22,473
up €22,473 (+192%), from €11,686 to €34,159
- Advances received -€10,229
down €10,229 (-79.6%), from €12,857 to €2,628
- Tax, wage and social debts +€1,630
up €1,630 (+9.1%), from €17,919 to €19,549
of which Remuneration and social security: +€915
- Gross operating margin +€11,172
up €11,172 (+24.6%), from €45,348 to €56,520
- Depreciation +€1,114
up €1,114 (+57.4%), from €1,941 to €3,055
- Other operating charges -€798
down €798 (-71.7%), from €1,113 to €315
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 | €99,624 | €114,231 | +€14,607 | +14.7% |
| Fixed assets | 21/28 | €20,502 | €20,889 | +€388 | +1.9% |
| Tangible fixed assets | 22/27 | €20,502 | €20,889 | +€388 | +1.9% |
| Land and buildings | 22 | €14,068 | €13,384 | -€684 | -4.9% |
| Plant, machinery and equipment | 23 | €423 | €323 | -€100 | -23.6% |
| Furniture and vehicles | 24 | €6,011 | €7,182 | +€1,171 | +19.5% |
| Current assets | 29/58 | €79,122 | €93,341 | +€14,219 | +18.0% |
| Amounts receivable within one year | 40/41 | €22,863 | €32,709 | +€9,846 | +43.1% |
| Trade receivables | 40 | €22,863 | €12,518 | -€10,345 | -45.2% |
| Other amounts receivable | 41 | - | €20,191 | +€20,191 | |
| Current investments | 50/53 | - | €30,196 | +€30,196 | |
| Cash at bank and in hand | 54/58 | €56,163 | €29,955 | -€26,208 | -46.7% |
| Deferred charges and accrued income | 490/1 | €96 | €482 | +€386 | +402% |
| Total equity and liabilities | 10/49 | €99,624 | €114,231 | +€14,607 | +14.7% |
| Equity | 10/15 | €55,690 | €55,690 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,690 | €50,690 | = | 0.0% |
| Distributable reserves | 133 | €50,690 | €50,690 | = | 0.0% |
| Amounts payable | 17/49 | €43,934 | €58,541 | +€14,607 | +33.2% |
| Amounts payable within one year | 42/48 | €43,934 | €58,541 | +€14,607 | +33.2% |
| Trade debts | 44 | €1,471 | €2,204 | +€733 | +49.8% |
| Suppliers | 440/4 | €1,471 | €2,204 | +€733 | +49.8% |
| Advances received on contracts in progress | 46 | €12,857 | €2,628 | -€10,229 | -79.6% |
| Taxes, remuneration and social security | 45 | €17,919 | €19,549 | +€1,630 | +9.1% |
| Taxes | 450/3 | €16,509 | €17,224 | +€715 | +4.3% |
| Remuneration and social security | 454/9 | €1,410 | €2,325 | +€915 | +64.9% |
| Other amounts payable | 47/48 | €11,686 | €34,159 | +€22,473 | +192% |
| Non-recurring operating income | 76A | - | €2,587 | +€2,587 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,941 | €3,055 | +€1,114 | +57.4% |
| Other operating charges | 640/8 | €1,113 | €315 | -€798 | -71.7% |
| Non-recurring operating charges | 66A | €1,072 | - | -€1,072 | |
| Gross operating margin | 9900 | €45,348 | €56,520 | +€11,172 | +24.6% |
| Operating profit (loss) | 9901 | €41,222 | €53,150 | +€11,928 | +28.9% |
| Financial income | 75/76B | €1 | €450 | +€448 | +34,477% |
| Recurring financial income | 75 | €1 | €450 | +€448 | +34,477% |
| Financial charges | 65/66B | €591 | €732 | +€141 | +23.8% |
| Recurring financial charges | 65 | €591 | €732 | +€141 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | €40,632 | €52,868 | +€12,236 | +30.1% |
| Income taxes | 67/77 | €12,226 | €11,737 | -€489 | -4.0% |
| Profit (loss) for the period | 9904 | €28,406 | €41,131 | +€12,725 | +44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,406 | €41,131 | +€12,725 | +44.8% |
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 16 October 2026 via checked.be.