Hummelshof: 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.
Hummelshof
Largest movements
- Tangible fixed assets +€88,134
up €88,134 (+36.0%), from €245,067 to €333,201
of which Land and buildings: +€73,563
- Cash +€8,470
up €8,470 (+160%), from €5,304 to €13,774
mainly Debts after one year (+€49,324) and Net result for the year (+€25,757)
- Stocks and contracts -€6,275
down €6,275 (-26.1%), from €24,000 to €17,725
- Debts after one year +€49,324
new in 2025: €49,324
- Reserves +€25,757
up €25,757 (+287%), from €8,969 to €34,726
- Current portion of long-term debt +€13,675
new in 2025: €13,675
- Tax, wage and social debts +€4,188
up €4,188 (+45.3%), from €9,240 to €13,428
of which Taxes: +€4,184
- Gross operating margin +€12,370
up €12,370 (+29.8%), from €41,450 to €53,820
- Taxes +€6,810
up €6,810 (+137%), from €4,972 to €11,783
- Depreciation +€3,711
up €3,711 (+65.2%), from €5,688 to €9,399
- Other operating charges -€1,166
down €1,166 (-41.6%), from €2,805 to €1,639
- Financial charges +€928
up €928 (+21.7%), from €4,274 to €5,202
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 | €297,125 | €385,051 | +€87,925 | +29.6% |
| Fixed assets | 21/28 | €245,067 | €333,201 | +€88,134 | +36.0% |
| Tangible fixed assets | 22/27 | €245,067 | €333,201 | +€88,134 | +36.0% |
| Land and buildings | 22 | €236,760 | €310,323 | +€73,563 | +31.1% |
| Plant, machinery and equipment | 23 | €4,342 | €11,490 | +€7,148 | +165% |
| Furniture and vehicles | 24 | €3,966 | €11,388 | +€7,422 | +187% |
| Current assets | 29/58 | €52,058 | €51,849 | -€209 | -0.4% |
| Stocks and contracts in progress | 3 | €24,000 | €17,725 | -€6,275 | -26.1% |
| Stocks | 30/36 | €24,000 | €17,725 | -€6,275 | -26.1% |
| Amounts receivable within one year | 40/41 | €19,388 | €20,041 | +€654 | +3.4% |
| Trade receivables | 40 | €19,360 | €19,998 | +€638 | +3.3% |
| Other amounts receivable | 41 | €28 | €44 | +€16 | +58.0% |
| Cash at bank and in hand | 54/58 | €5,304 | €13,774 | +€8,470 | +160% |
| Deferred charges and accrued income | 490/1 | €3,366 | €309 | -€3,057 | -90.8% |
| Total equity and liabilities | 10/49 | €297,125 | €385,051 | +€87,925 | +29.6% |
| Equity | 10/15 | €268,969 | €294,726 | +€25,757 | +9.6% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Reserves | 13 | €8,969 | €34,726 | +€25,757 | +287% |
| Distributable reserves | 133 | €8,969 | €34,726 | +€25,757 | +287% |
| Amounts payable | 17/49 | €28,156 | €90,325 | +€62,168 | +221% |
| Amounts payable after more than one year | 17 | - | €49,324 | +€49,324 | |
| Financial debts | 170/4 | - | €49,324 | +€49,324 | |
| Amounts payable within one year | 42/48 | €28,156 | €41,001 | +€12,845 | +45.6% |
| Current portion of amounts payable after more than one year | 42 | - | €13,675 | +€13,675 | |
| Trade debts | 44 | €3,697 | €2,010 | -€1,687 | -45.6% |
| Suppliers | 440/4 | €3,697 | €2,010 | -€1,687 | -45.6% |
| Taxes, remuneration and social security | 45 | €9,240 | €13,428 | +€4,188 | +45.3% |
| Taxes | 450/3 | €4,734 | €8,919 | +€4,184 | +88.4% |
| Remuneration and social security | 454/9 | €4,506 | €4,509 | +€3 | +0.1% |
| Other amounts payable | 47/48 | €15,219 | €11,888 | -€3,332 | -21.9% |
| Remuneration, social security and pensions | 62 | €187 | €40 | -€147 | -78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,688 | €9,399 | +€3,711 | +65.2% |
| Other operating charges | 640/8 | €2,805 | €1,639 | -€1,166 | -41.6% |
| Non-recurring operating charges | 66A | €541 | - | -€541 | |
| Gross operating margin | 9900 | €41,450 | €53,820 | +€12,370 | +29.8% |
| Operating profit (loss) | 9901 | €32,229 | €42,742 | +€10,513 | +32.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,274 | €5,202 | +€928 | +21.7% |
| Recurring financial charges | 65 | €4,274 | €5,202 | +€928 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €27,955 | €37,540 | +€9,585 | +34.3% |
| Income taxes | 67/77 | €4,972 | €11,783 | +€6,810 | +137% |
| Profit (loss) for the period | 9904 | €22,982 | €25,757 | +€2,775 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,982 | €25,757 | +€2,775 | +12.1% |
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.