BORG - HOUT: what changed
Two fiscal 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.
BORG - HOUT
Largest movements
- Receivables within one year -€27,578
down €27,578 (-4.9%), from €565,736 to €538,158
of which Other amounts receivable: -€27,578
- Accrued charges and deferred income -€26,561
down €26,561 (-12.7%), from €209,841 to €183,280
- Profit (loss) carried forward +€9,825
up €9,825 (+3.8%), from €255,378 to €265,203
- Turnover +€90,000
new in 2025: €90,000
- Purchases and services +€52,803
new in 2025: €52,803
- Gross operating margin -€8,296
down €8,296 (-13.7%), from €60,482 to €52,186
- Financial income +€5,210
up €5,210 (+1793.9%), from €290 to €5,500
of which Non-recurring financial income: +€5,500
- Depreciation +€3,012
up €3,012 (+9.3%), from €32,484 to €35,496
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.
Cash bridge derived
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 | €775,621 | €756,575 | -€19,046 | -2.5% |
| Fixed assets | 21/28 | €201,610 | €208,043 | +€6,433 | +3.2% |
| Tangible fixed assets | 22/27 | €201,610 | €208,043 | +€6,433 | +3.2% |
| Plant, machinery and equipment | 23 | €33,775 | €51,787 | +€18,012 | +53.3% |
| Furniture and vehicles | 24 | €20,681 | €17,908 | -€2,773 | -13.4% |
| Leasing and similar rights | 25 | €28,924 | €20,118 | -€8,806 | -30.4% |
| Other tangible fixed assets | 26 | €118,230 | €118,230 | -€0 | 0.0% |
| Current assets | 29/58 | €574,010 | €548,532 | -€25,478 | -4.4% |
| Amounts receivable within one year | 40/41 | €565,736 | €538,158 | -€27,578 | -4.9% |
| Trade receivables | 40 | €75,000 | €75,000 | -€0 | 0.0% |
| Other amounts receivable | 41 | €490,736 | €463,158 | -€27,578 | -5.6% |
| Cash at bank and in hand | 54/58 | €6,999 | €10,374 | +€3,375 | +48.2% |
| Deferred charges and accrued income | 490/1 | €1,275 | - | -€1,275 | |
| Total equity and liabilities | 10/49 | €775,621 | €756,575 | -€19,046 | -2.5% |
| Equity | 10/15 | €528,061 | €537,886 | +€9,825 | +1.9% |
| Contributions | 10/11 | €247,894 | €247,894 | +€0 | 0.0% |
| Capital | 10 | €247,894 | €247,894 | +€0 | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | +€0 | 0.0% |
| Reserves | 13 | €24,789 | €24,789 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | -€0 | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €255,378 | €265,203 | +€9,825 | +3.8% |
| Amounts payable | 17/49 | €247,560 | €218,689 | -€28,871 | -11.7% |
| Amounts payable within one year | 42/48 | €37,718 | €35,409 | -€2,309 | -6.1% |
| Trade debts | 44 | €27,449 | €28,828 | +€1,379 | +5.0% |
| Suppliers | 440/4 | €27,449 | €28,828 | +€1,379 | +5.0% |
| Taxes, remuneration and social security | 45 | €10,269 | €6,581 | -€3,688 | -35.9% |
| Taxes | 450/3 | €10,269 | €6,581 | -€3,688 | -35.9% |
| Accrued charges and deferred income | 492/3 | €209,841 | €183,280 | -€26,561 | -12.7% |
| Turnover | 70 | - | €90,000 | +€90,000 | |
| Non-recurring operating income | 76A | €8,469 | - | -€8,469 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €52,803 | +€52,803 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,484 | €35,496 | +€3,012 | +9.3% |
| Other operating charges | 640/8 | €1,572 | €3,388 | +€1,816 | +115.5% |
| Gross operating margin | 9900 | €60,482 | €52,186 | -€8,296 | -13.7% |
| Operating profit (loss) | 9901 | €26,425 | €13,302 | -€13,123 | -49.7% |
| Financial income | 75/76B | €290 | €5,500 | +€5,210 | +1793.9% |
| Recurring financial income | 75 | €290 | €5,500 | +€5,210 | +1793.9% |
| Non-recurring financial income | 76B | - | €5,500 | +€5,500 | |
| Financial charges | 65/66B | €453 | €2,396 | +€1,943 | +428.4% |
| Recurring financial charges | 65 | €453 | €2,396 | +€1,943 | +428.4% |
| Profit (loss) for the period before taxes | 9903 | €26,262 | €16,406 | -€9,856 | -37.5% |
| Income taxes | 67/77 | €8,888 | €6,581 | -€2,307 | -26.0% |
| Profit (loss) for the period | 9904 | €17,374 | €9,825 | -€7,549 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,374 | €9,825 | -€7,549 | -43.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.