The Human Embassy: 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.
The Human Embassy
Largest movements
- Tangible fixed assets -€24,904
down €24,904 (-6.3%), from €392,737 to €367,833
of which Furniture and vehicles: -€15,246
- Cash -€19,057
down €19,057 (-28.4%), from €67,196 to €48,140
mainly Debts after one year (-€25,372) and Other debts (-€16,834)
- Current investments +€6,000
new in 2025: €6,000
- Debts after one year -€25,372
down €25,372 (-20.9%), from €121,526 to €96,154
- Profit (loss) carried forward +€18,848
up €18,848 (+8,762%), from €215 to €19,063
- Other debts -€16,834
down €16,834 (-47.1%), from €35,717 to €18,883
- Tax, wage and social debts -€6,992
down €6,992 (-35.4%), from €19,733 to €12,741
- Trade debts -€6,382
down €6,382 (-53.6%), from €11,896 to €5,515
- Gross operating margin -€52,253
down €52,253 (-45.6%), from €114,550 to €62,297
- Taxes -€16,614
down €16,614 (-55.4%), from €29,979 to €13,365
- Depreciation -€2,518
down €2,518 (-10.3%), from €24,471 to €21,953
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 | €502,265 | €460,815 | -€41,450 | -8.3% |
| Fixed assets | 21/28 | €392,737 | €367,833 | -€24,904 | -6.3% |
| Tangible fixed assets | 22/27 | €392,737 | €367,833 | -€24,904 | -6.3% |
| Land and buildings | 22 | €364,325 | €355,615 | -€8,710 | -2.4% |
| Plant, machinery and equipment | 23 | €2,650 | €1,702 | -€947 | -35.7% |
| Furniture and vehicles | 24 | €25,762 | €10,516 | -€15,246 | -59.2% |
| Current assets | 29/58 | €109,528 | €92,982 | -€16,546 | -15.1% |
| Amounts receivable within one year | 40/41 | €40,582 | €36,431 | -€4,151 | -10.2% |
| Trade receivables | 40 | €23,454 | €36,387 | +€12,933 | +55.1% |
| Other amounts receivable | 41 | €17,128 | €44 | -€17,084 | -99.7% |
| Current investments | 50/53 | - | €6,000 | +€6,000 | |
| Cash at bank and in hand | 54/58 | €67,196 | €48,140 | -€19,057 | -28.4% |
| Deferred charges and accrued income | 490/1 | €1,750 | €2,411 | +€661 | +37.8% |
| Total equity and liabilities | 10/49 | €502,265 | €460,815 | -€41,450 | -8.3% |
| Equity | 10/15 | €280,757 | €299,606 | +€18,848 | +6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €274,342 | €274,342 | = | 0.0% |
| Distributable reserves | 133 | €274,342 | €274,342 | = | 0.0% |
| Profit (loss) carried forward | 14 | €215 | €19,063 | +€18,848 | +8,762% |
| Amounts payable | 17/49 | €221,508 | €161,210 | -€60,298 | -27.2% |
| Amounts payable after more than one year | 17 | €121,526 | €96,154 | -€25,372 | -20.9% |
| Financial debts | 170/4 | €121,526 | €96,154 | -€25,372 | -20.9% |
| Amounts payable within one year | 42/48 | €98,382 | €63,456 | -€34,926 | -35.5% |
| Current portion of amounts payable after more than one year | 42 | €27,320 | €25,372 | -€1,948 | -7.1% |
| Financial debts | 43 | €3,715 | €945 | -€2,769 | -74.6% |
| Credit institutions | 430/8 | €3,715 | €945 | -€2,769 | -74.6% |
| Trade debts | 44 | €11,896 | €5,515 | -€6,382 | -53.6% |
| Suppliers | 440/4 | €11,896 | €5,515 | -€6,382 | -53.6% |
| Taxes, remuneration and social security | 45 | €19,733 | €12,741 | -€6,992 | -35.4% |
| Taxes | 450/3 | €19,733 | €12,741 | -€6,992 | -35.4% |
| Other amounts payable | 47/48 | €35,717 | €18,883 | -€16,834 | -47.1% |
| Accrued charges and deferred income | 492/3 | €1,600 | €1,600 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | €13,744 | +€13,744 | |
| Remuneration, social security and pensions | 62 | €161 | €0 | -€161 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,471 | €21,953 | -€2,518 | -10.3% |
| Other operating charges | 640/8 | €2,194 | €3,143 | +€948 | +43.2% |
| Gross operating margin | 9900 | €114,550 | €62,297 | -€52,253 | -45.6% |
| Operating profit (loss) | 9901 | €87,723 | €37,201 | -€50,522 | -57.6% |
| Financial income | 75/76B | €94 | €220 | +€126 | +133% |
| Recurring financial income | 75 | €94 | €220 | +€126 | +133% |
| Financial charges | 65/66B | €4,370 | €5,207 | +€837 | +19.1% |
| Recurring financial charges | 65 | €4,370 | €5,207 | +€837 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €83,447 | €32,214 | -€51,234 | -61.4% |
| Income taxes | 67/77 | €29,979 | €13,365 | -€16,614 | -55.4% |
| Profit (loss) for the period | 9904 | €53,468 | €18,848 | -€34,620 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,468 | €18,848 | -€34,620 | -64.7% |
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 15 October 2026 via checked.be.