HUMITAB INCORPORATED: 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.
HUMITAB INCORPORATED
Largest movements
- Receivables within one year -€83,118
down €83,118 (-62.6%), from €132,860 to €49,743
of which Trade receivables: -€89,791
- Cash +€56,205
up €56,205 (+121%), from €46,403 to €102,609
mainly Receivables within one year (+€83,118) and Net result for the year (+€50,796)
- Reserves -€28,409
down €28,409 (-4.3%), from €664,203 to €635,793
- Gross operating margin -€119,389
down €119,389 (-62.6%), from €190,849 to €71,461
- Taxes -€36,835
down €36,835 (-64.8%), from €56,836 to €20,001
- Depreciation -€4,104
down €4,104 (-68.3%), from €6,012 to €1,907
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 | €1,344,888 | €1,317,373 | -€27,515 | -2.0% |
| Fixed assets | 21/28 | €931,665 | €931,043 | -€622 | -0.1% |
| Tangible fixed assets | 22/27 | €1,587 | €965 | -€622 | -39.2% |
| Land and buildings | 22 | €157 | €0 | -€157 | -100% |
| Furniture and vehicles | 24 | €1,430 | €965 | -€464 | -32.5% |
| Financial fixed assets | 28 | €930,078 | €930,078 | = | 0.0% |
| Current assets | 29/58 | €413,223 | €386,330 | -€26,893 | -6.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €132,860 | €49,743 | -€83,118 | -62.6% |
| Trade receivables | 40 | €118,795 | €29,003 | -€89,791 | -75.6% |
| Other amounts receivable | 41 | €14,066 | €20,739 | +€6,673 | +47.4% |
| Current investments | 50/53 | €205,872 | €207,625 | +€1,753 | +0.9% |
| Cash at bank and in hand | 54/58 | €46,403 | €102,609 | +€56,205 | +121% |
| Deferred charges and accrued income | 490/1 | €28,087 | €26,354 | -€1,733 | -6.2% |
| Total equity and liabilities | 10/49 | €1,344,888 | €1,317,373 | -€27,515 | -2.0% |
| Equity | 10/15 | €1,326,753 | €1,298,343 | -€28,409 | -2.1% |
| Contributions | 10/11 | €662,550 | €662,550 | = | 0.0% |
| Reserves | 13 | €664,203 | €635,793 | -€28,409 | -4.3% |
| Distributable reserves | 133 | €664,203 | €635,793 | -€28,409 | -4.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,135 | €19,030 | +€895 | +4.9% |
| Amounts payable within one year | 42/48 | €16,881 | €17,776 | +€895 | +5.3% |
| Trade debts | 44 | €5,086 | €3,535 | -€1,550 | -30.5% |
| Suppliers | 440/4 | €5,086 | €3,535 | -€1,550 | -30.5% |
| Taxes, remuneration and social security | 45 | €7,877 | €8,294 | +€417 | +5.3% |
| Taxes | 450/3 | €7,877 | €8,294 | +€417 | +5.3% |
| Other amounts payable | 47/48 | €3,919 | €5,947 | +€2,028 | +51.8% |
| Accrued charges and deferred income | 492/3 | €1,254 | €1,254 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,012 | €1,907 | -€4,104 | -68.3% |
| Other operating charges | 640/8 | €1,175 | €1,206 | +€32 | +2.7% |
| Gross operating margin | 9900 | €190,849 | €71,461 | -€119,389 | -62.6% |
| Operating profit (loss) | 9901 | €183,663 | €68,347 | -€115,316 | -62.8% |
| Financial income | 75/76B | €3,964 | €2,505 | -€1,459 | -36.8% |
| Recurring financial income | 75 | €3,964 | €2,505 | -€1,459 | -36.8% |
| Financial charges | 65/66B | €585 | €55 | -€530 | -90.6% |
| Recurring financial charges | 65 | €585 | €55 | -€530 | -90.6% |
| Profit (loss) for the period before taxes | 9903 | €187,041 | €70,797 | -€116,244 | -62.1% |
| Income taxes | 67/77 | €56,836 | €20,001 | -€36,835 | -64.8% |
| Profit (loss) for the period | 9904 | €130,206 | €50,796 | -€79,409 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €130,206 | €50,796 | -€79,409 | -61.0% |
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 22 October 2026 via checked.be.