D-House Concept: 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.
D-House Concept
Largest movements
- Tangible fixed assets +€90,714
up €90,714 (+82.3%), from €110,206 to €200,920
of which Land and buildings: +€118,836
- Receivables within one year -€82,567
down €82,567 (-62.1%), from €132,985 to €50,418
of which Trade receivables: -€69,782
- Cash +€43,736
up €43,736 (+50.9%), from €85,854 to €129,590
mainly Receivables within one year (+€82,567) and Net result for the year (+€53,315)
- Trade debts +€28,375
up €28,375 (+78.3%), from €36,245 to €64,620
- Other debts +€21,836
up €21,836 (+9.8%), from €223,128 to €244,965
- Gross operating margin +€15,500
up €15,500 (+18.7%), from €82,847 to €98,347
- Depreciation +€3,287
up €3,287 (+11.2%), from €29,381 to €32,668
- Financial income +€2,124
up €2,124 (+222%), from €956 to €3,080
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 | €332,700 | €383,806 | +€51,106 | +15.4% |
| Fixed assets | 21/28 | €110,234 | €200,920 | +€90,685 | +82.3% |
| Intangible fixed assets | 21 | €29 | - | -€29 | |
| Tangible fixed assets | 22/27 | €110,206 | €200,920 | +€90,714 | +82.3% |
| Land and buildings | 22 | €316 | €119,152 | +€118,836 | +37,662% |
| Plant, machinery and equipment | 23 | €88,457 | €69,998 | -€18,460 | -20.9% |
| Furniture and vehicles | 24 | €21,433 | €11,770 | -€9,663 | -45.1% |
| Current assets | 29/58 | €222,466 | €182,887 | -€39,579 | -17.8% |
| Stocks and contracts in progress | 3 | €2,500 | €2,000 | -€500 | -20.0% |
| Stocks | 30/36 | €2,500 | €2,000 | -€500 | -20.0% |
| Amounts receivable within one year | 40/41 | €132,985 | €50,418 | -€82,567 | -62.1% |
| Trade receivables | 40 | €98,395 | €28,613 | -€69,782 | -70.9% |
| Other amounts receivable | 41 | €34,590 | €21,804 | -€12,786 | -37.0% |
| Cash at bank and in hand | 54/58 | €85,854 | €129,590 | +€43,736 | +50.9% |
| Deferred charges and accrued income | 490/1 | €1,126 | €879 | -€247 | -21.9% |
| Total equity and liabilities | 10/49 | €332,700 | €383,806 | +€51,106 | +15.4% |
| Equity | 10/15 | €65,679 | €68,994 | +€3,315 | +5.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,679 | €58,994 | +€3,315 | +6.0% |
| Amounts payable | 17/49 | €267,020 | €314,812 | +€47,792 | +17.9% |
| Amounts payable within one year | 42/48 | €266,112 | €314,319 | +€48,207 | +18.1% |
| Trade debts | 44 | €36,245 | €64,620 | +€28,375 | +78.3% |
| Suppliers | 440/4 | €36,245 | €64,620 | +€28,375 | +78.3% |
| Taxes, remuneration and social security | 45 | €6,739 | €4,734 | -€2,005 | -29.7% |
| Taxes | 450/3 | €4,325 | €2,300 | -€2,025 | -46.8% |
| Remuneration and social security | 454/9 | €2,414 | €2,434 | +€20 | +0.8% |
| Other amounts payable | 47/48 | €223,128 | €244,965 | +€21,836 | +9.8% |
| Accrued charges and deferred income | 492/3 | €908 | €493 | -€415 | -45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,381 | €32,668 | +€3,287 | +11.2% |
| Other operating charges | 640/8 | €2,179 | €1,884 | -€295 | -13.6% |
| Gross operating margin | 9900 | €82,847 | €98,347 | +€15,500 | +18.7% |
| Operating profit (loss) | 9901 | €51,287 | €63,795 | +€12,508 | +24.4% |
| Financial income | 75/76B | €956 | €3,080 | +€2,124 | +222% |
| Recurring financial income | 75 | €956 | €3,080 | +€2,124 | +222% |
| Financial charges | 65/66B | €1,641 | €1,754 | +€113 | +6.9% |
| Recurring financial charges | 65 | €1,641 | €1,754 | +€113 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €50,602 | €65,121 | +€14,519 | +28.7% |
| Income taxes | 67/77 | €11,182 | €11,807 | +€624 | +5.6% |
| Profit (loss) for the period | 9904 | €39,420 | €53,315 | +€13,895 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,420 | €53,315 | +€13,895 | +35.2% |
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 15 October 2026 via checked.be.