HUMY: 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.
HUMY
Largest movements
- Cash +€110,662
up €110,662 (+61.0%), from €181,274 to €291,937
mainly Trade debts (+€245,766) and Depreciation (+€25,736)
- Intangible fixed assets +€9,573
up €9,573 (+105.5%), from €9,071 to €18,644
- Deferred charges and accrued income +€9,135
up €9,135 (+58.3%), from €15,665 to €24,800
- Stocks and contracts +€8,611
up €8,611 (+9.5%), from €90,467 to €99,078
- Trade debts +€245,766
up €245,766 (+177.5%), from €138,480 to €384,247
- Tax, wage and social debts -€114,781
down €114,781 (-43.1%), from €266,360 to €151,579
of which Taxes: -€110,978
- Profit (loss) carried forward +€14,838
up €14,838 (+12.6%), from €118,045 to €132,883
- Short-term financial debts +€7,384
new in 2025: €7,384
- Current portion of long-term debt -€7,166
down €7,166 (-79.4%), from €9,026 to €1,861
- Gross operating margin -€52,523
down €52,523 (-8.5%), from €615,124 to €562,602
- Staff costs +€43,786
up €43,786 (+11.3%), from €386,981 to €430,767
- Taxes -€34,256
down €34,256 (-59.8%), from €57,254 to €22,997
- Other operating charges +€15,616
up €15,616 (+140.1%), from €11,148 to €26,764
- Depreciation +€8,804
up €8,804 (+52.0%), from €16,932 to €25,736
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 | €556,516 | €698,421 | +€141,905 | +25.5% |
| Fixed assets | 21/28 | €70,150 | €85,869 | +€15,720 | +22.4% |
| Intangible fixed assets | 21 | €9,071 | €18,644 | +€9,573 | +105.5% |
| Tangible fixed assets | 22/27 | €54,492 | €60,297 | +€5,805 | +10.7% |
| Plant, machinery and equipment | 23 | €4,301 | €3,741 | -€560 | -13.0% |
| Furniture and vehicles | 24 | €21,561 | €19,463 | -€2,098 | -9.7% |
| Other tangible fixed assets | 26 | €28,631 | €37,093 | +€8,462 | +29.6% |
| Financial fixed assets | 28 | €6,587 | €6,928 | +€342 | +5.2% |
| Current assets | 29/58 | €486,367 | €612,552 | +€126,186 | +25.9% |
| Stocks and contracts in progress | 3 | €90,467 | €99,078 | +€8,611 | +9.5% |
| Stocks | 30/36 | €90,467 | €99,078 | +€8,611 | +9.5% |
| Amounts receivable within one year | 40/41 | €198,960 | €196,737 | -€2,223 | -1.1% |
| Trade receivables | 40 | €155,315 | €139,530 | -€15,784 | -10.2% |
| Other amounts receivable | 41 | €43,646 | €57,207 | +€13,561 | +31.1% |
| Cash at bank and in hand | 54/58 | €181,274 | €291,937 | +€110,662 | +61.0% |
| Deferred charges and accrued income | 490/1 | €15,665 | €24,800 | +€9,135 | +58.3% |
| Total equity and liabilities | 10/49 | €556,516 | €698,421 | +€141,905 | +25.5% |
| Equity | 10/15 | €138,505 | €153,343 | +€14,838 | +10.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,045 | €132,883 | +€14,838 | +12.6% |
| Amounts payable | 17/49 | €418,011 | €545,078 | +€127,067 | +30.4% |
| Amounts payable within one year | 42/48 | €415,263 | €545,071 | +€129,807 | +31.3% |
| Current portion of amounts payable after more than one year | 42 | €9,026 | €1,861 | -€7,166 | -79.4% |
| Financial debts | 43 | - | €7,384 | +€7,384 | |
| Credit institutions | 430/8 | - | €7,384 | +€7,384 | |
| Trade debts | 44 | €138,480 | €384,247 | +€245,766 | +177.5% |
| Suppliers | 440/4 | €138,480 | €384,247 | +€245,766 | +177.5% |
| Taxes, remuneration and social security | 45 | €266,360 | €151,579 | -€114,781 | -43.1% |
| Taxes | 450/3 | €194,921 | €83,943 | -€110,978 | -56.9% |
| Remuneration and social security | 454/9 | €71,439 | €67,636 | -€3,803 | -5.3% |
| Other amounts payable | 47/48 | €1,396 | - | -€1,396 | |
| Accrued charges and deferred income | 492/3 | €2,748 | €8 | -€2,740 | -99.7% |
| Remuneration, social security and pensions | 62 | €386,981 | €430,767 | +€43,786 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,932 | €25,736 | +€8,804 | +52.0% |
| Other operating charges | 640/8 | €11,148 | €26,764 | +€15,616 | +140.1% |
| Non-recurring operating charges | 66A | €40,594 | €31,949 | -€8,645 | -21.3% |
| Gross operating margin | 9900 | €615,124 | €562,602 | -€52,523 | -8.5% |
| Operating profit (loss) | 9901 | €159,469 | €47,385 | -€112,084 | -70.3% |
| Financial income | 75/76B | €163 | €91 | -€72 | -44.1% |
| Recurring financial income | 75 | €163 | €91 | -€72 | -44.1% |
| Financial charges | 65/66B | €11,069 | €9,640 | -€1,429 | -12.9% |
| Recurring financial charges | 65 | €11,069 | €9,640 | -€1,429 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €148,562 | €37,835 | -€110,727 | -74.5% |
| Income taxes | 67/77 | €57,254 | €22,997 | -€34,256 | -59.8% |
| Profit (loss) for the period | 9904 | €91,309 | €14,838 | -€76,471 | -83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,309 | €14,838 | -€76,471 | -83.7% |
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 11 October 2026 via checked.be.