HUMIVA: 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.
HUMIVA
Largest movements
- Tangible fixed assets -€298,950
down €298,950 (-63.3%), from €472,612 to €173,662
of which Land and buildings: -€323,676
- Cash -€246,453
down €246,453 (-42.5%), from €580,127 to €333,674
mainly Contributions, distributions and other (-€739,506) and Receivables within one year (-€132,969)
- Current investments -€193,891
no longer reported in 2025 (was €193,891)
- Receivables within one year +€132,969
up €132,969 (+184%), from €72,403 to €205,372
of which Other amounts receivable: +€113,014
- Profit (loss) carried forward -€529,755
down €529,755 (-67.5%), from €784,445 to €254,690
- Other debts +€86,154
up €86,154 (+135%), from €64,029 to €150,183
- Debts after one year -€74,781
down €74,781 (-46.3%), from €161,617 to €86,836
- Investment grants -€27,792
no longer reported in 2025 (was €27,792)
- Reserves -€20,834
down €20,834 (-48.1%), from €43,288 to €22,454
- Staff costs +€109,877
up €109,877 (+30.8%), from €356,952 to €466,829
- Gross operating margin -€79,353
down €79,353 (-10.0%), from €790,472 to €711,119
- Taxes -€69,354
down €69,354 (-88.6%), from €78,274 to €8,920
- Financial income -€49,895
down €49,895 (-97.9%), from €50,945 to €1,050
- Depreciation -€35,173
down €35,173 (-43.2%), from €81,490 to €46,317
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 | €1,326,328 | €732,251 | -€594,077 | -44.8% |
| Fixed assets | 21/28 | €474,962 | €176,012 | -€298,950 | -62.9% |
| Tangible fixed assets | 22/27 | €472,612 | €173,662 | -€298,950 | -63.3% |
| Land and buildings | 22 | €323,676 | - | -€323,676 | |
| Plant, machinery and equipment | 23 | €27,293 | €13,924 | -€13,369 | -49.0% |
| Furniture and vehicles | 24 | €121,643 | €159,738 | +€38,095 | +31.3% |
| Financial fixed assets | 28 | €2,350 | €2,350 | = | 0.0% |
| Current assets | 29/58 | €851,366 | €556,239 | -€295,127 | -34.7% |
| Stocks and contracts in progress | 3 | - | €12,000 | +€12,000 | |
| Stocks | 30/36 | - | €12,000 | +€12,000 | |
| Amounts receivable within one year | 40/41 | €72,403 | €205,372 | +€132,969 | +184% |
| Trade receivables | 40 | €43,843 | €63,798 | +€19,955 | +45.5% |
| Other amounts receivable | 41 | €28,560 | €141,574 | +€113,014 | +396% |
| Current investments | 50/53 | €193,891 | - | -€193,891 | |
| Cash at bank and in hand | 54/58 | €580,127 | €333,674 | -€246,453 | -42.5% |
| Deferred charges and accrued income | 490/1 | €4,944 | €5,193 | +€249 | +5.0% |
| Total equity and liabilities | 10/49 | €1,326,328 | €732,251 | -€594,077 | -44.8% |
| Equity | 10/15 | €861,725 | €279,102 | -€582,623 | -67.6% |
| Contributions | 10/11 | €6,200 | €1,958 | -€4,242 | -68.4% |
| Reserves | 13 | €43,288 | €22,454 | -€20,834 | -48.1% |
| Distributable reserves | 133 | €43,288 | €22,454 | -€20,834 | -48.1% |
| Profit (loss) carried forward | 14 | €784,445 | €254,690 | -€529,755 | -67.5% |
| Investment grants | 15 | €27,792 | - | -€27,792 | |
| Amounts payable | 17/49 | €464,602 | €453,149 | -€11,453 | -2.5% |
| Amounts payable after more than one year | 17 | €161,617 | €86,836 | -€74,781 | -46.3% |
| Financial debts | 170/4 | €161,617 | €86,836 | -€74,781 | -46.3% |
| Amounts payable within one year | 42/48 | €302,985 | €366,313 | +€63,328 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €106,076 | €103,720 | -€2,356 | -2.2% |
| Trade debts | 44 | €104,545 | €97,825 | -€6,720 | -6.4% |
| Suppliers | 440/4 | €104,545 | €97,825 | -€6,720 | -6.4% |
| Advances received on contracts in progress | 46 | €18,746 | €11,639 | -€7,107 | -37.9% |
| Taxes, remuneration and social security | 45 | €9,589 | €2,946 | -€6,643 | -69.3% |
| Taxes | 450/3 | €2,144 | €868 | -€1,276 | -59.5% |
| Remuneration and social security | 454/9 | €7,445 | €2,078 | -€5,367 | -72.1% |
| Other amounts payable | 47/48 | €64,029 | €150,183 | +€86,154 | +135% |
| Non-recurring operating income | 76A | - | €3,058 | +€3,058 | |
| Remuneration, social security and pensions | 62 | €356,952 | €466,829 | +€109,877 | +30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,490 | €46,317 | -€35,173 | -43.2% |
| Other operating charges | 640/8 | €13,342 | €11,638 | -€1,704 | -12.8% |
| Non-recurring operating charges | 66A | €276 | €11,826 | +€11,550 | +4,183% |
| Gross operating margin | 9900 | €790,472 | €711,119 | -€79,353 | -10.0% |
| Operating profit (loss) | 9901 | €338,413 | €174,509 | -€163,904 | -48.4% |
| Financial income | 75/76B | €50,945 | €1,050 | -€49,895 | -97.9% |
| Recurring financial income | 75 | €50,945 | €1,050 | -€49,895 | -97.9% |
| Financial charges | 65/66B | €14,982 | €9,756 | -€5,226 | -34.9% |
| Recurring financial charges | 65 | €14,982 | €9,756 | -€5,226 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | €374,376 | €165,803 | -€208,573 | -55.7% |
| Income taxes | 67/77 | €78,274 | €8,920 | -€69,354 | -88.6% |
| Profit (loss) for the period | 9904 | €296,102 | €156,883 | -€139,219 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €296,102 | €156,883 | -€139,219 | -47.0% |
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 24 October 2026 via checked.be.