L'HUMIDOR: 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.
L'HUMIDOR
Largest movements
- Stocks and contracts -€3,625
down €3,625 (-41.8%), from €8,678 to €5,053
- Tangible fixed assets -€1,459
down €1,459 (-35.5%), from €4,113 to €2,654
of which Plant, machinery and equipment: -€1,392
- Cash -€1,269
down €1,269 (-17.5%), from €7,257 to €5,989
mainly Tax, wage and social debts (-€5,552) and Accrued charges and deferred income (-€4,821)
- Tax, wage and social debts -€5,552
down €5,552 (-16.8%), from €33,033 to €27,481
of which Taxes: -€3,233
- Accrued charges and deferred income -€4,821
down €4,821 (-92.3%), from €5,221 to €400
- Other debts +€3,666
up €3,666 (+246%), from €1,489 to €5,155
- Trade debts +€1,327
up €1,327 (+9.9%), from €13,403 to €14,730
- Short-term financial debts -€559
down €559 (-11.5%), from €4,845 to €4,286
- Staff costs +€13,684
up €13,684 (+38.2%), from €35,795 to €49,478
- Financial charges -€1,697
down €1,697 (-31.4%), from €5,406 to €3,709
- Other operating charges -€1,266
down €1,266 (-21.7%), from €5,840 to €4,574
- Gross operating margin -€950
down €950 (-1.6%), from €59,612 to €58,661
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 | €31,074 | €24,575 | -€6,499 | -20.9% |
| Fixed assets | 21/28 | €14,719 | €13,260 | -€1,459 | -9.9% |
| Tangible fixed assets | 22/27 | €4,113 | €2,654 | -€1,459 | -35.5% |
| Plant, machinery and equipment | 23 | €4,046 | €2,654 | -€1,392 | -34.4% |
| Furniture and vehicles | 24 | €67 | - | -€67 | |
| Financial fixed assets | 28 | €10,606 | €10,606 | = | 0.0% |
| Current assets | 29/58 | €16,355 | €11,315 | -€5,040 | -30.8% |
| Stocks and contracts in progress | 3 | €8,678 | €5,053 | -€3,625 | -41.8% |
| Stocks | 30/36 | €8,678 | €5,053 | -€3,625 | -41.8% |
| Amounts receivable within one year | 40/41 | €420 | €274 | -€147 | -34.9% |
| Other amounts receivable | 41 | €420 | €274 | -€147 | -34.9% |
| Cash at bank and in hand | 54/58 | €7,257 | €5,989 | -€1,269 | -17.5% |
| Total equity and liabilities | 10/49 | €31,074 | €24,575 | -€6,499 | -20.9% |
| Equity | 10/15 | -€26,917 | -€27,476 | -€559 | -2.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,917 | -€47,476 | -€559 | -1.2% |
| Amounts payable | 17/49 | €57,991 | €52,051 | -€5,940 | -10.2% |
| Amounts payable within one year | 42/48 | €52,771 | €51,652 | -€1,119 | -2.1% |
| Financial debts | 43 | €4,845 | €4,286 | -€559 | -11.5% |
| Credit institutions | 430/8 | €4,845 | €4,286 | -€559 | -11.5% |
| Trade debts | 44 | €13,403 | €14,730 | +€1,327 | +9.9% |
| Suppliers | 440/4 | €13,403 | €14,730 | +€1,327 | +9.9% |
| Taxes, remuneration and social security | 45 | €33,033 | €27,481 | -€5,552 | -16.8% |
| Taxes | 450/3 | €24,239 | €21,006 | -€3,233 | -13.3% |
| Remuneration and social security | 454/9 | €8,795 | €6,475 | -€2,320 | -26.4% |
| Other amounts payable | 47/48 | €1,489 | €5,155 | +€3,666 | +246% |
| Accrued charges and deferred income | 492/3 | €5,221 | €400 | -€4,821 | -92.3% |
| Remuneration, social security and pensions | 62 | €35,795 | €49,478 | +€13,684 | +38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,205 | €1,459 | +€254 | +21.1% |
| Other operating charges | 640/8 | €5,840 | €4,574 | -€1,266 | -21.7% |
| Gross operating margin | 9900 | €59,612 | €58,661 | -€950 | -1.6% |
| Operating profit (loss) | 9901 | €16,772 | €3,150 | -€13,622 | -81.2% |
| Financial charges | 65/66B | €5,406 | €3,709 | -€1,697 | -31.4% |
| Recurring financial charges | 65 | €5,406 | €3,709 | -€1,697 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €11,366 | -€559 | -€11,925 | |
| Profit (loss) for the period | 9904 | €11,366 | -€559 | -€11,925 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,366 | -€559 | -€11,925 |
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 29 October 2026 via checked.be.