Humusation: what changed
Two fiscal 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.
Humusation
Largest movements
- Tangible fixed assets -€6,145
down €6,145 (-7.7%), from €79,681 to €73,536
of which Land and buildings: -€4,972
- Cash -€2,872
down €2,872 (-13.4%), from €21,366 to €18,494
mainly Net result for the year (-€24,707) and Investment in fixed assets (net) (-€1,750)
- Profit (loss) carried forward -€24,707
down €24,707 (-22.2%), from -€111,050 to -€135,757
- Contributions +€16,900
up €16,900 (+6.8%), from €249,050 to €265,950
- Turnover +€248,581
up €248,581 (+2102.0%), from €11,826 to €260,407
- Purchases and services +€227,302
up €227,302 (+390.0%), from €58,290 to €285,592
- Gross operating margin +€24,381
up €24,381 (+57.9%), from -€42,075 to -€17,694
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 | €138,879 | €130,827 | -€8,052 | -5.8% |
| Fixed assets | 21/28 | €83,862 | €78,676 | -€5,186 | -6.2% |
| Intangible fixed assets | 21 | €3,681 | €4,640 | +€959 | +26.1% |
| Tangible fixed assets | 22/27 | €79,681 | €73,536 | -€6,145 | -7.7% |
| Land and buildings | 22 | €76,553 | €71,581 | -€4,972 | -6.5% |
| Plant, machinery and equipment | 23 | €2,621 | €1,955 | -€666 | -25.4% |
| Furniture and vehicles | 24 | €507 | - | -€507 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €55,017 | €52,151 | -€2,866 | -5.2% |
| Amounts receivable within one year | 40/41 | €33,651 | €33,657 | +€6 | 0.0% |
| Trade receivables | 40 | €26,450 | €26,450 | = | 0.0% |
| Other amounts receivable | 41 | €7,201 | €7,207 | +€6 | +0.1% |
| Cash at bank and in hand | 54/58 | €21,366 | €18,494 | -€2,872 | -13.4% |
| Total equity and liabilities | 10/49 | €138,879 | €130,827 | -€8,052 | -5.8% |
| Equity | 10/15 | €138,047 | €130,240 | -€7,807 | -5.7% |
| Contributions | 10/11 | €249,050 | €265,950 | +€16,900 | +6.8% |
| Reserves | 13 | €47 | €47 | = | 0.0% |
| Non-distributable reserves | 130/1 | €47 | €47 | = | 0.0% |
| Reserves not available under the articles | 1311 | €47 | €47 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,050 | -€135,757 | -€24,707 | -22.2% |
| Amounts payable | 17/49 | €832 | €587 | -€245 | -29.4% |
| Amounts payable within one year | 42/48 | €832 | €587 | -€245 | -29.4% |
| Trade debts | 44 | €434 | €127 | -€307 | -70.7% |
| Suppliers | 440/4 | €434 | €127 | -€307 | -70.7% |
| Other amounts payable | 47/48 | €398 | €460 | +€62 | +15.6% |
| Turnover | 70 | €11,826 | €260,407 | +€248,581 | +2102.0% |
| Non-recurring operating income | 76A | €4,389 | €7,491 | +€3,102 | +70.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €58,290 | €285,592 | +€227,302 | +390.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,518 | €6,936 | +€418 | +6.4% |
| Other operating charges | 640/8 | €150 | - | -€150 | |
| Gross operating margin | 9900 | -€42,075 | -€17,694 | +€24,381 | +57.9% |
| Operating profit (loss) | 9901 | -€48,743 | -€24,630 | +€24,113 | +49.5% |
| Financial income | 75/76B | €22 | €21 | -€1 | -4.5% |
| Recurring financial income | 75 | €22 | €21 | -€1 | -4.5% |
| Financial charges | 65/66B | €25 | €98 | +€73 | +292.0% |
| Recurring financial charges | 65 | €25 | €98 | +€73 | +292.0% |
| Profit (loss) for the period before taxes | 9903 | -€48,746 | -€24,707 | +€24,039 | +49.3% |
| Profit (loss) for the period | 9904 | -€48,746 | -€24,707 | +€24,039 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,746 | -€24,707 | +€24,039 | +49.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.