HUMAN CHALLENGE: 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.
HUMAN CHALLENGE
Largest movements
- Cash +€33,294
up €33,294 (+34.0%), from €98,050 to €131,344
mainly Net result for the year (+€46,204) and Current investments (+€17,485)
- Current investments -€17,485
down €17,485 (-18.3%), from €95,425 to €77,940
- Intangible fixed assets +€14,279
up €14,279, from €0 to €14,279
- Tangible fixed assets -€9,719
down €9,719 (-51.0%), from €19,059 to €9,340
of which Furniture and vehicles: -€9,056
- Receivables within one year +€8,949
up €8,949 (+36.0%), from €24,870 to €33,819
of which Trade receivables: +€8,949
- Reserves +€45,354
up €45,354 (+23.2%), from €195,544 to €240,898
of which Distributable reserves: +€45,354
- Trade debts -€7,163
down €7,163 (-33.6%), from €21,303 to €14,140
- Debts after one year -€5,445
down €5,445 (-100%), from €5,445 to €0
- Other debts -€3,585
down €3,585 (-45.6%), from €7,861 to €4,276
- Gross operating margin +€30,757
up €30,757 (+65.5%), from €46,983 to €77,740
- Taxes +€12,566
up €12,566 (+137%), from €9,160 to €21,727
- Staff costs -€10,687
down €10,687 (-100%), from €10,687 to €0
- Financial income +€1,290
up €1,290 (+195%), from €662 to €1,952
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 | €248,167 | €276,935 | +€28,768 | +11.6% |
| Fixed assets | 21/28 | €19,189 | €23,748 | +€4,559 | +23.8% |
| Intangible fixed assets | 21 | €0 | €14,279 | +€14,279 | |
| Tangible fixed assets | 22/27 | €19,059 | €9,340 | -€9,719 | -51.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €15,741 | €6,685 | -€9,056 | -57.5% |
| Other tangible fixed assets | 26 | €3,318 | €2,654 | -€664 | -20.0% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €228,978 | €253,186 | +€24,208 | +10.6% |
| Stocks and contracts in progress | 3 | €9,539 | €8,915 | -€624 | -6.5% |
| Stocks | 30/36 | €9,539 | €8,915 | -€624 | -6.5% |
| Amounts receivable within one year | 40/41 | €24,870 | €33,819 | +€8,949 | +36.0% |
| Trade receivables | 40 | €24,870 | €33,819 | +€8,949 | +36.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €95,425 | €77,940 | -€17,485 | -18.3% |
| Cash at bank and in hand | 54/58 | €98,050 | €131,344 | +€33,294 | +34.0% |
| Deferred charges and accrued income | 490/1 | €1,095 | €1,168 | +€73 | +6.7% |
| Total equity and liabilities | 10/49 | €248,167 | €276,935 | +€28,768 | +11.6% |
| Equity | 10/15 | €202,044 | €247,398 | +€45,354 | +22.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €195,544 | €240,898 | +€45,354 | +23.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €188,044 | €233,398 | +€45,354 | +24.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €46,123 | €29,537 | -€16,586 | -36.0% |
| Amounts payable after more than one year | 17 | €5,445 | €0 | -€5,445 | -100% |
| Financial debts | 170/4 | €5,445 | €0 | -€5,445 | -100% |
| Amounts payable within one year | 42/48 | €40,294 | €29,140 | -€11,154 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €8,111 | €5,445 | -€2,667 | -32.9% |
| Trade debts | 44 | €21,303 | €14,140 | -€7,163 | -33.6% |
| Suppliers | 440/4 | €21,303 | €14,140 | -€7,163 | -33.6% |
| Taxes, remuneration and social security | 45 | €3,019 | €5,280 | +€2,261 | +74.9% |
| Taxes | 450/3 | €3,019 | €5,280 | +€2,261 | +74.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €7,861 | €4,276 | -€3,585 | -45.6% |
| Accrued charges and deferred income | 492/3 | €384 | €397 | +€12 | +3.2% |
| Remuneration, social security and pensions | 62 | €10,687 | €0 | -€10,687 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,033 | €10,806 | +€773 | +7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €566 | €550 | -€15 | -2.7% |
| Gross operating margin | 9900 | €46,983 | €77,740 | +€30,757 | +65.5% |
| Operating profit (loss) | 9901 | €25,698 | €66,385 | +€40,687 | +158% |
| Financial income | 75/76B | €662 | €1,952 | +€1,290 | +195% |
| Recurring financial income | 75 | €662 | €1,952 | +€1,290 | +195% |
| Financial charges | 65/66B | €441 | €407 | -€35 | -7.8% |
| Recurring financial charges | 65 | €441 | €407 | -€35 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €25,919 | €67,931 | +€42,012 | +162% |
| Income taxes | 67/77 | €9,160 | €21,727 | +€12,566 | +137% |
| Profit (loss) for the period | 9904 | €16,759 | €46,204 | +€29,445 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €16,759 | €46,204 | +€29,445 | +176% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.