HUMA: what changed
HUMA
Largest movements
- Tangible fixed assets -€15,303
down €15,303 (-6.4%), from €239,465 to €224,162
of which Land and buildings: -€15,203
- Receivables within one year +€10,595
up €10,595 (+43.9%), from €24,161 to €34,756
of which Trade receivables: +€10,595
- Cash -€3,146
down €3,146 (-54.7%), from €5,751 to €2,606
mainly Receivables within one year (-€10,595) and Net result for the year (-€5,664)
- Profit (loss) carried forward -€5,664
down €5,664 (-4.3%), from -€132,191 to -€137,855
- Gross operating margin -€557
down €557 (-3.8%), from €14,765 to €14,209
- Financial charges +€317
up €317 (+61.2%), from €518 to €835
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €269,997 | €262,143 | -€7,854 | -2.9% |
| Fixed assets | 21/28 | €239,465 | €224,162 | -€15,303 | -6.4% |
| Tangible fixed assets | 22/27 | €239,465 | €224,162 | -€15,303 | -6.4% |
| Land and buildings | 22 | €239,165 | €223,962 | -€15,203 | -6.4% |
| Plant, machinery and equipment | 23 | €300 | €200 | -€100 | -33.3% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €30,532 | €37,981 | +€7,449 | +24.4% |
| Amounts receivable within one year | 40/41 | €24,161 | €34,756 | +€10,595 | +43.9% |
| Trade receivables | 40 | €23,993 | €34,588 | +€10,595 | +44.2% |
| Other amounts receivable | 41 | €168 | €168 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,751 | €2,606 | -€3,146 | -54.7% |
| Deferred charges and accrued income | 490/1 | €620 | €620 | = | 0.0% |
| Total equity and liabilities | 10/49 | €269,997 | €262,143 | -€7,854 | -2.9% |
| Equity | 10/15 | -€70,191 | -€75,855 | -€5,664 | -8.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | - | -€62,000 | |
| Other | 1109/19 | €62,000 | - | -€62,000 | |
| Profit (loss) carried forward | 14 | -€132,191 | -€137,855 | -€5,664 | -4.3% |
| Amounts payable | 17/49 | €340,188 | €337,998 | -€2,190 | -0.6% |
| Amounts payable within one year | 42/48 | €340,188 | €337,998 | -€2,190 | -0.6% |
| Trade debts | 44 | €3,770 | €3,330 | -€440 | -11.7% |
| Suppliers | 440/4 | €3,770 | €3,330 | -€440 | -11.7% |
| Other amounts payable | 47/48 | €336,418 | €334,668 | -€1,750 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,303 | €15,303 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,630 | €3,736 | +€106 | +2.9% |
| Gross operating margin | 9900 | €14,765 | €14,209 | -€557 | -3.8% |
| Operating profit (loss) | 9901 | -€4,167 | -€4,830 | -€663 | -15.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €518 | €835 | +€317 | +61.2% |
| Recurring financial charges | 65 | €518 | €835 | +€317 | +61.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,685 | -€5,664 | -€979 | -20.9% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€4,685 | -€5,664 | -€979 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,685 | -€5,664 | -€979 | -20.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.