d'Husen: 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.
d'Husen
Largest movements
- Cash +€197,490
up €197,490 (+681.5%), from €28,979 to €226,470
mainly Net result for the year (+€146,756) and Depreciation (+€51,901)
- Tangible fixed assets -€51,901
down €51,901 (-3.1%), from €1.7m to €1.6m
of which Land and buildings: -€51,901
- Profit (loss) carried forward +€145,316
up €145,316 (+20.3%), from €716,347 to €861,663
- Gross operating margin +€21,360
up €21,360 (+31.5%), from €67,892 to €89,252
- Financial income -€11,726
down €11,726 (-8.5%), from €138,561 to €126,835
- Other operating charges +€6,283
up €6,283 (+57.4%), from €10,950 to €17,233
- Depreciation +€968
up €968 (+1.9%), from €50,933 to €51,901
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 | €1,688,403 | €1,833,775 | +€145,372 | +8.6% |
| Fixed assets | 21/28 | €1,657,683 | €1,605,782 | -€51,901 | -3.1% |
| Tangible fixed assets | 22/27 | €1,651,490 | €1,599,589 | -€51,901 | -3.1% |
| Land and buildings | 22 | €1,647,658 | €1,595,757 | -€51,901 | -3.1% |
| Other tangible fixed assets | 26 | €3,832 | €3,832 | = | 0.0% |
| Financial fixed assets | 28 | €6,193 | €6,193 | = | 0.0% |
| Current assets | 29/58 | €30,720 | €227,992 | +€197,273 | +642.2% |
| Amounts receivable within one year | 40/41 | €1,375 | - | -€1,375 | |
| Other amounts receivable | 41 | €1,375 | - | -€1,375 | |
| Cash at bank and in hand | 54/58 | €28,979 | €226,470 | +€197,490 | +681.5% |
| Deferred charges and accrued income | 490/1 | €365 | €1,523 | +€1,158 | +317.2% |
| Total equity and liabilities | 10/49 | €1,688,403 | €1,833,775 | +€145,372 | +8.6% |
| Equity | 10/15 | €1,131,186 | €1,276,501 | +€145,316 | +12.8% |
| Contributions | 10/11 | €406,200 | €406,200 | = | 0.0% |
| Reserves | 13 | €8,639 | €8,639 | = | 0.0% |
| Distributable reserves | 133 | €8,639 | €8,639 | = | 0.0% |
| Profit (loss) carried forward | 14 | €716,347 | €861,663 | +€145,316 | +20.3% |
| Amounts payable | 17/49 | €557,217 | €557,273 | +€56 | 0.0% |
| Amounts payable after more than one year | 17 | €551,858 | €551,714 | -€144 | 0.0% |
| Other amounts payable | 178/9 | €551,858 | €551,714 | -€144 | 0.0% |
| Amounts payable within one year | 42/48 | €2,939 | €3,044 | +€105 | +3.6% |
| Trade debts | 44 | €1,499 | €1,604 | +€105 | +7.0% |
| Suppliers | 440/4 | €1,499 | €1,604 | +€105 | +7.0% |
| Other amounts payable | 47/48 | €1,440 | €1,440 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,420 | €2,515 | +€95 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,933 | €51,901 | +€968 | +1.9% |
| Other operating charges | 640/8 | €10,950 | €17,233 | +€6,283 | +57.4% |
| Gross operating margin | 9900 | €67,892 | €89,252 | +€21,360 | +31.5% |
| Operating profit (loss) | 9901 | €6,008 | €20,118 | +€14,110 | +234.8% |
| Financial income | 75/76B | €138,561 | €126,835 | -€11,726 | -8.5% |
| Recurring financial income | 75 | €138,561 | €126,835 | -€11,726 | -8.5% |
| Financial charges | 65/66B | €265 | €197 | -€68 | -25.7% |
| Recurring financial charges | 65 | €265 | €197 | -€68 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €144,304 | €146,756 | +€2,452 | +1.7% |
| Profit (loss) for the period | 9904 | €144,304 | €146,756 | +€2,452 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €144,304 | €146,756 | +€2,452 | +1.7% |
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 2 October 2026 via checked.be.