Connected House: 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.
Connected House
Largest movements
- Cash -€24,496
down €24,496 (-12.4%), from €197,388 to €172,891
mainly Net result for the year (-€35,460) and Tax, wage and social debts (-€4,528)
- Reserves -€35,460
down €35,460 (-8.7%), from €409,266 to €373,806
of which Distributable reserves: -€35,460
- Other debts +€8,820
up €8,820 (+13.7%), from €64,410 to €73,230
- Gross operating margin -€49,992
down €49,992, from €37,133 to -€12,859
- Taxes -€3,486
down €3,486 (-100.0%), from €3,486 to €0
- Depreciation -€776
down €776 (-15.0%), from €5,164 to €4,388
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 | €874,362 | €844,290 | -€30,072 | -3.4% |
| Fixed assets | 21/28 | €675,329 | €670,941 | -€4,388 | -0.6% |
| Tangible fixed assets | 22/27 | €60,329 | €55,941 | -€4,388 | -7.3% |
| Land and buildings | 22 | €59,895 | €55,941 | -€3,954 | -6.6% |
| Furniture and vehicles | 24 | €434 | €0 | -€434 | -100.0% |
| Financial fixed assets | 28 | €615,000 | €615,000 | = | 0.0% |
| Current assets | 29/58 | €199,033 | €173,349 | -€25,684 | -12.9% |
| Cash at bank and in hand | 54/58 | €197,388 | €172,891 | -€24,496 | -12.4% |
| Deferred charges and accrued income | 490/1 | €1,645 | €458 | -€1,187 | -72.2% |
| Total equity and liabilities | 10/49 | €874,362 | €844,290 | -€30,072 | -3.4% |
| Equity | 10/15 | €427,760 | €392,300 | -€35,460 | -8.3% |
| Contributions | 10/11 | €18,494 | €18,494 | = | 0.0% |
| Reserves | 13 | €409,266 | €373,806 | -€35,460 | -8.7% |
| Non-distributable reserves | 130/1 | €849 | €849 | = | 0.0% |
| Reserves not available under the articles | 1311 | €849 | €849 | = | 0.0% |
| Distributable reserves | 133 | €408,417 | €372,957 | -€35,460 | -8.7% |
| Amounts payable | 17/49 | €446,602 | €451,990 | +€5,388 | +1.2% |
| Amounts payable after more than one year | 17 | €360,000 | €360,000 | = | 0.0% |
| Financial debts | 170/4 | €360,000 | €360,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €72,669 | €78,202 | +€5,533 | +7.6% |
| Trade debts | 44 | €245 | €1,486 | +€1,241 | +506.1% |
| Suppliers | 440/4 | €245 | €1,486 | +€1,241 | +506.1% |
| Taxes, remuneration and social security | 45 | €8,014 | €3,486 | -€4,528 | -56.5% |
| Taxes | 450/3 | €8,014 | €3,486 | -€4,528 | -56.5% |
| Other amounts payable | 47/48 | €64,410 | €73,230 | +€8,820 | +13.7% |
| Accrued charges and deferred income | 492/3 | €13,933 | €13,788 | -€145 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,164 | €4,388 | -€776 | -15.0% |
| Other operating charges | 640/8 | €5,181 | €5,342 | +€161 | +3.1% |
| Gross operating margin | 9900 | €37,133 | -€12,859 | -€49,992 | |
| Operating profit (loss) | 9901 | €26,788 | -€22,590 | -€49,377 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €12,845 | €12,870 | +€25 | +0.2% |
| Recurring financial charges | 65 | €12,845 | €12,870 | +€25 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €13,942 | -€35,460 | -€49,402 | |
| Income taxes | 67/77 | €3,486 | €0 | -€3,486 | -100.0% |
| Profit (loss) for the period | 9904 | €10,457 | -€35,460 | -€45,917 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,457 | -€35,460 | -€45,917 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.