Hummingbird: 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.
Hummingbird
Largest movements
- Cash +€26,286
up €26,286 (+50.9%), from €51,655 to €77,941
mainly Net result for the year (+€50,571) and Depreciation (+€4,126)
- Receivables within one year +€13,676
up €13,676 (+97.5%), from €14,020 to €27,696
of which Other amounts receivable: +€15,077
- Tangible fixed assets +€1,360
up €1,360 (+16.6%), from €8,212 to €9,572
of which Furniture and vehicles: +€1,321
- Profit (loss) carried forward +€50,571
up €50,571 (+79.8%), from €63,388 to €113,959
- Tax, wage and social debts -€3,935
no longer reported in 2025 (was €3,935)
- Other debts -€3,631
no longer reported in 2025 (was €3,631)
- Trade debts -€1,682
down €1,682 (-87.0%), from €1,933 to €251
- Turnover +€193,636
new in 2025: €193,636
- Purchases and services +€47,762
up €47,762 (+53.8%), from €88,704 to €136,465
- Gross operating margin +€25,972
up €25,972 (+55.3%), from €46,935 to €72,907
- Taxes +€4,533
up €4,533 (+48.9%), from €9,273 to €13,806
- Financial charges +€2,710
up €2,710 (+315.3%), from €859 to €3,569
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.
Cash bridge derived
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 | €73,887 | €115,209 | +€41,322 | +55.9% |
| Fixed assets | 21/28 | €8,212 | €9,572 | +€1,360 | +16.6% |
| Tangible fixed assets | 22/27 | €8,212 | €9,572 | +€1,360 | +16.6% |
| Plant, machinery and equipment | 23 | - | €339 | +€339 | |
| Furniture and vehicles | 24 | €7,314 | €8,635 | +€1,321 | +18.1% |
| Other tangible fixed assets | 26 | €898 | €598 | -€300 | -33.4% |
| Current assets | 29/58 | €65,675 | €105,637 | +€39,962 | +60.8% |
| Amounts receivable within one year | 40/41 | €14,020 | €27,696 | +€13,676 | +97.5% |
| Trade receivables | 40 | €9,317 | €7,916 | -€1,401 | -15.0% |
| Other amounts receivable | 41 | €4,703 | €19,780 | +€15,077 | +320.6% |
| Cash at bank and in hand | 54/58 | €51,655 | €77,941 | +€26,286 | +50.9% |
| Total equity and liabilities | 10/49 | €73,887 | €115,209 | +€41,322 | +55.9% |
| Equity | 10/15 | €64,388 | €114,959 | +€50,571 | +78.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,388 | €113,959 | +€50,571 | +79.8% |
| Amounts payable | 17/49 | €9,500 | €251 | -€9,249 | -97.4% |
| Amounts payable within one year | 42/48 | €9,500 | €251 | -€9,249 | -97.4% |
| Trade debts | 44 | €1,933 | €251 | -€1,682 | -87.0% |
| Suppliers | 440/4 | €1,933 | €251 | -€1,682 | -87.0% |
| Taxes, remuneration and social security | 45 | €3,935 | - | -€3,935 | |
| Taxes | 450/3 | €3,935 | - | -€3,935 | |
| Other amounts payable | 47/48 | €3,631 | - | -€3,631 | |
| Turnover | 70 | - | €193,636 | +€193,636 | |
| Goods, raw materials, services and sundry goods | 60/61 | €88,704 | €136,465 | +€47,762 | +53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,709 | €4,126 | +€417 | +11.2% |
| Other operating charges | 640/8 | €811 | €835 | +€25 | +3.0% |
| Gross operating margin | 9900 | €46,935 | €72,907 | +€25,972 | +55.3% |
| Operating profit (loss) | 9901 | €42,415 | €67,945 | +€25,530 | +60.2% |
| Financial income | 75/76B | €11 | €1 | -€10 | -95.2% |
| Recurring financial income | 75 | €11 | €1 | -€10 | -95.2% |
| Financial charges | 65/66B | €859 | €3,569 | +€2,710 | +315.3% |
| Recurring financial charges | 65 | €859 | €3,569 | +€2,710 | +315.3% |
| Profit (loss) for the period before taxes | 9903 | €41,566 | €64,377 | +€22,810 | +54.9% |
| Income taxes | 67/77 | €9,273 | €13,806 | +€4,533 | +48.9% |
| Profit (loss) for the period | 9904 | €32,293 | €50,571 | +€18,278 | +56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,293 | €50,571 | +€18,278 | +56.6% |
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 10 October 2026 via checked.be.