De Betaalbare Woning: 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.
De Betaalbare Woning
Largest movements
- Tangible fixed assets -€62,226
down €62,226 (-15.2%), from €409,159 to €346,934
of which Leasing and similar rights: -€47,213
- Cash +€31,968
up €31,968 (+69.6%), from €45,919 to €77,887
mainly Depreciation (+€62,226) and Receivables after one year (+€20,000)
- Receivables after one year -€20,000
down €20,000 (-16.0%), from €125,000 to €105,000
- Debts after one year -€38,296
down €38,296 (-32.9%), from €116,513 to €78,217
of which Financial debts: -€42,996
- Provisions -€11,039
down €11,039 (-19.0%), from €58,230 to €47,191
- Gross operating margin -€6,015
down €6,015 (-8.4%), from €71,447 to €65,432
- Taxes -€1,790
down €1,790 (-15.2%), from €11,782 to €9,992
- Financial income -€1,183
down €1,183 (-16.3%), from €7,255 to €6,072
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 | €637,735 | €583,531 | -€54,204 | -8.5% |
| Fixed assets | 21/28 | €409,159 | €346,934 | -€62,226 | -15.2% |
| Tangible fixed assets | 22/27 | €409,159 | €346,934 | -€62,226 | -15.2% |
| Land and buildings | 22 | €264,242 | €249,229 | -€15,013 | -5.7% |
| Leasing and similar rights | 25 | €144,917 | €97,705 | -€47,213 | -32.6% |
| Current assets | 29/58 | €228,575 | €236,597 | +€8,021 | +3.5% |
| Amounts receivable after more than one year | 29 | €125,000 | €105,000 | -€20,000 | -16.0% |
| Other amounts receivable | 291 | €125,000 | €105,000 | -€20,000 | -16.0% |
| Amounts receivable within one year | 40/41 | €55,530 | €53,710 | -€1,820 | -3.3% |
| Trade receivables | 40 | €16,147 | €9,855 | -€6,291 | -39.0% |
| Other amounts receivable | 41 | €39,384 | €43,855 | +€4,471 | +11.4% |
| Cash at bank and in hand | 54/58 | €45,919 | €77,887 | +€31,968 | +69.6% |
| Deferred charges and accrued income | 490/1 | €2,126 | €0 | -€2,126 | -100% |
| Total equity and liabilities | 10/49 | €637,735 | €583,531 | -€54,204 | -8.5% |
| Equity | 10/15 | €407,845 | €404,702 | -€3,143 | -0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €345,845 | €342,702 | -€3,143 | -0.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €204,160 | €171,042 | -€33,118 | -16.2% |
| Distributable reserves | 133 | €135,486 | €165,460 | +€29,975 | +22.1% |
| Provisions and deferred taxes | 16 | €58,230 | €47,191 | -€11,039 | -19.0% |
| Deferred taxes | 168 | €58,230 | €47,191 | -€11,039 | -19.0% |
| Amounts payable | 17/49 | €171,659 | €131,638 | -€40,022 | -23.3% |
| Amounts payable after more than one year | 17 | €116,513 | €78,217 | -€38,296 | -32.9% |
| Financial debts | 170/4 | €111,113 | €68,117 | -€42,996 | -38.7% |
| Other amounts payable | 178/9 | €5,400 | €10,100 | +€4,700 | +87.0% |
| Amounts payable within one year | 42/48 | €55,026 | €53,359 | -€1,667 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €42,996 | €42,996 | = | 0.0% |
| Trade debts | 44 | €4,075 | €1,633 | -€2,442 | -59.9% |
| Suppliers | 440/4 | €4,075 | €1,633 | -€2,442 | -59.9% |
| Taxes, remuneration and social security | 45 | €259 | €2,621 | +€2,362 | +912% |
| Taxes | 450/3 | €259 | €2,621 | +€2,362 | +912% |
| Other amounts payable | 47/48 | €7,696 | €6,109 | -€1,587 | -20.6% |
| Accrued charges and deferred income | 492/3 | €121 | €62 | -€59 | -48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,226 | €62,226 | = | 0.0% |
| Other operating charges | 640/8 | €10,874 | €11,181 | +€307 | +2.8% |
| Gross operating margin | 9900 | €71,447 | €65,432 | -€6,015 | -8.4% |
| Operating profit (loss) | 9901 | -€1,652 | -€7,974 | -€6,322 | -383% |
| Financial income | 75/76B | €7,255 | €6,072 | -€1,183 | -16.3% |
| Recurring financial income | 75 | €7,255 | €6,072 | -€1,183 | -16.3% |
| Financial charges | 65/66B | €2,633 | €2,288 | -€345 | -13.1% |
| Recurring financial charges | 65 | €2,633 | €2,288 | -€345 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €2,969 | -€4,191 | -€7,160 | |
| Transfer from deferred taxes | 780 | €11,039 | €11,039 | = | 0.0% |
| Income taxes | 67/77 | €11,782 | €9,992 | -€1,790 | -15.2% |
| Profit (loss) for the period | 9904 | €2,227 | -€3,143 | -€5,370 | |
| Transfer from tax-exempt reserves | 789 | €33,118 | €33,118 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €35,345 | €29,975 | -€5,370 | -15.2% |
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 24 October 2026 via checked.be.