PAPETERIE HUMBLET: 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.
PAPETERIE HUMBLET
Largest movements
- Tangible fixed assets -€17,545
down €17,545 (-35.9%), from €48,909 to €31,364
of which Leasing and similar rights: -€9,848
- Stocks and contracts -€17,105
down €17,105 (-11.0%), from €155,600 to €138,495
- Receivables within one year -€8,814
down €8,814 (-9.1%), from €96,563 to €87,749
of which Trade receivables: -€9,412
- Debts after one year -€51,904
down €51,904 (-73.7%), from €70,391 to €18,487
- Trade debts -€51,173
down €51,173 (-50.6%), from €101,112 to €49,939
- Tax, wage and social debts +€42,526
up €42,526 (+60.3%), from €70,550 to €113,076
of which Taxes: +€31,378
- Other debts +€32,697
up €32,697 (+121%), from €26,927 to €59,624
- Current portion of long-term debt -€22,858
down €22,858 (-68.7%), from €33,262 to €10,404
- Gross operating margin +€30,615
up €30,615 (+11.3%), from €270,018 to €300,633
- Staff costs +€25,479
up €25,479 (+11.2%), from €228,079 to €253,558
- Financial charges -€4,063
down €4,063 (-32.0%), from €12,712 to €8,649
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 | €342,576 | €300,185 | -€42,391 | -12.4% |
| Fixed assets | 21/28 | €49,169 | €31,624 | -€17,545 | -35.7% |
| Tangible fixed assets | 22/27 | €48,909 | €31,364 | -€17,545 | -35.9% |
| Furniture and vehicles | 24 | €18,267 | €10,885 | -€7,382 | -40.4% |
| Leasing and similar rights | 25 | €29,059 | €19,211 | -€9,848 | -33.9% |
| Other tangible fixed assets | 26 | €1,583 | €1,267 | -€316 | -19.9% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €293,407 | €268,561 | -€24,845 | -8.5% |
| Stocks and contracts in progress | 3 | €155,600 | €138,495 | -€17,105 | -11.0% |
| Stocks | 30/36 | €155,600 | €138,495 | -€17,105 | -11.0% |
| Amounts receivable within one year | 40/41 | €96,563 | €87,749 | -€8,814 | -9.1% |
| Trade receivables | 40 | €93,768 | €84,356 | -€9,412 | -10.0% |
| Other amounts receivable | 41 | €2,795 | €3,393 | +€598 | +21.4% |
| Cash at bank and in hand | 54/58 | €41,243 | €42,317 | +€1,074 | +2.6% |
| Total equity and liabilities | 10/49 | €342,576 | €300,185 | -€42,391 | -12.4% |
| Equity | 10/15 | €40,334 | €48,655 | +€8,321 | +20.6% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | - | €3,134 | +€3,134 | |
| Distributable reserves | 133 | - | €3,134 | +€3,134 | |
| Profit (loss) carried forward | 14 | €3,134 | €8,321 | +€5,187 | +165% |
| Amounts payable | 17/49 | €302,241 | €251,530 | -€50,712 | -16.8% |
| Amounts payable after more than one year | 17 | €70,391 | €18,487 | -€51,904 | -73.7% |
| Financial debts | 170/4 | €70,391 | €18,487 | -€51,904 | -73.7% |
| Amounts payable within one year | 42/48 | €231,850 | €233,043 | +€1,193 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €33,262 | €10,404 | -€22,858 | -68.7% |
| Trade debts | 44 | €101,112 | €49,939 | -€51,173 | -50.6% |
| Suppliers | 440/4 | €101,112 | €49,939 | -€51,173 | -50.6% |
| Taxes, remuneration and social security | 45 | €70,550 | €113,076 | +€42,526 | +60.3% |
| Taxes | 450/3 | €26,800 | €58,178 | +€31,378 | +117% |
| Remuneration and social security | 454/9 | €43,750 | €54,898 | +€11,148 | +25.5% |
| Other amounts payable | 47/48 | €26,927 | €59,624 | +€32,697 | +121% |
| Remuneration, social security and pensions | 62 | €228,079 | €253,558 | +€25,479 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,663 | €17,545 | -€117 | -0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €2,846 | +€2,846 | |
| Other operating charges | 640/8 | €2,309 | €4,897 | +€2,588 | +112% |
| Non-recurring operating charges | 66A | €1,498 | €127 | -€1,371 | -91.5% |
| Gross operating margin | 9900 | €270,018 | €300,633 | +€30,615 | +11.3% |
| Operating profit (loss) | 9901 | €20,470 | €21,660 | +€1,190 | +5.8% |
| Financial income | 75/76B | €367 | €342 | -€26 | -7.0% |
| Recurring financial income | 75 | €367 | €342 | -€26 | -7.0% |
| Financial charges | 65/66B | €12,712 | €8,649 | -€4,063 | -32.0% |
| Recurring financial charges | 65 | €12,712 | €8,649 | -€4,063 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €8,125 | €13,352 | +€5,227 | +64.3% |
| Income taxes | 67/77 | €5,056 | €5,031 | -€25 | -0.5% |
| Profit (loss) for the period | 9904 | €3,069 | €8,321 | +€5,252 | +171% |
| Profit (loss) for the period to be appropriated | 9905 | €3,069 | €8,321 | +€5,252 | +171% |
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.