BUDGET HOUSING: 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.
BUDGET HOUSING
Largest movements
- Tangible fixed assets -€22,184
down €22,184 (-3.4%), from €656,610 to €634,427
- Receivables within one year -€21,375
down €21,375 (-91.3%), from €23,410 to €2,035
- Cash +€19,647
up €19,647 (+315%), from €6,228 to €25,875
mainly Depreciation (+€22,184) and Receivables within one year (+€21,375)
- Debts after one year -€23,452
down €23,452 (-15.3%), from €153,572 to €130,121
- Revaluation surpluses -€8,760
down €8,760 (-3.1%), from €280,290 to €271,530
- Reserves +€8,760
up €8,760 (+99.7%), from €8,784 to €17,544
- Profit (loss) carried forward -€8,635
down €8,635 (-3.7%), from -€231,693 to -€240,328
- Other operating charges +€712
up €712 (+33.3%), from €2,140 to €2,852
- Gross operating margin +€427
up €427 (+1.8%), from €23,528 to €23,955
- Depreciation +€348
up €348 (+1.6%), from €21,835 to €22,184
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 | €687,024 | €662,936 | -€24,088 | -3.5% |
| Fixed assets | 21/28 | €657,210 | €635,027 | -€22,184 | -3.4% |
| Tangible fixed assets | 22/27 | €656,610 | €634,427 | -€22,184 | -3.4% |
| Land and buildings | 22 | €656,610 | €634,427 | -€22,184 | -3.4% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €29,814 | €27,910 | -€1,904 | -6.4% |
| Amounts receivable within one year | 40/41 | €23,410 | €2,035 | -€21,375 | -91.3% |
| Trade receivables | 40 | €23,410 | €2,035 | -€21,375 | -91.3% |
| Cash at bank and in hand | 54/58 | €6,228 | €25,875 | +€19,647 | +315% |
| Deferred charges and accrued income | 490/1 | €176 | €0 | -€176 | -100% |
| Total equity and liabilities | 10/49 | €687,024 | €662,936 | -€24,088 | -3.5% |
| Equity | 10/15 | €255,981 | €247,345 | -€8,635 | -3.4% |
| Contributions | 10/11 | €198,600 | €198,600 | = | 0.0% |
| Revaluation surpluses | 12 | €280,290 | €271,530 | -€8,760 | -3.1% |
| Reserves | 13 | €8,784 | €17,544 | +€8,760 | +99.7% |
| Distributable reserves | 133 | €8,784 | €17,544 | +€8,760 | +99.7% |
| Profit (loss) carried forward | 14 | -€231,693 | -€240,328 | -€8,635 | -3.7% |
| Amounts payable | 17/49 | €431,044 | €415,591 | -€15,452 | -3.6% |
| Amounts payable after more than one year | 17 | €153,572 | €130,121 | -€23,452 | -15.3% |
| Financial debts | 170/4 | €153,572 | €130,121 | -€23,452 | -15.3% |
| Amounts payable within one year | 42/48 | €277,471 | €285,071 | +€7,600 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €22,416 | €23,452 | +€1,036 | +4.6% |
| Trade debts | 44 | €2,001 | €1,571 | -€429 | -21.5% |
| Suppliers | 440/4 | €2,001 | €1,571 | -€429 | -21.5% |
| Taxes, remuneration and social security | 45 | - | €1,389 | +€1,389 | |
| Taxes | 450/3 | - | €1,389 | +€1,389 | |
| Other amounts payable | 47/48 | €253,054 | €258,659 | +€5,604 | +2.2% |
| Accrued charges and deferred income | 492/3 | €0 | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,835 | €22,184 | +€348 | +1.6% |
| Other operating charges | 640/8 | €2,140 | €2,852 | +€712 | +33.3% |
| Gross operating margin | 9900 | €23,528 | €23,955 | +€427 | +1.8% |
| Operating profit (loss) | 9901 | -€447 | -€1,080 | -€634 | -142% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €7,648 | €7,555 | -€93 | -1.2% |
| Recurring financial charges | 65 | €7,648 | €7,555 | -€93 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,092 | -€8,635 | -€544 | -6.7% |
| Profit (loss) for the period | 9904 | -€8,092 | -€8,635 | -€544 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,092 | -€8,635 | -€544 | -6.7% |
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 31 October 2026 via checked.be.