De Houtbeer: 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 Houtbeer
Largest movements
- Receivables within one year -€11,586
down €11,586 (-67.4%), from €17,193 to €5,607
of which Trade receivables: -€11,586
- Cash -€4,076
down €4,076 (-33.4%), from €12,214 to €8,138
mainly Trade debts (-€30,783) and Tax, wage and social debts (-€7,671)
- Stocks and contracts +€388
up €388 (+6.3%), from €6,182 to €6,570
- Deferred charges and accrued income -€380
no longer reported in 2025 (was €380)
- Trade debts -€30,783
down €30,783 (-98.8%), from €31,146 to €362
- Profit (loss) carried forward +€22,018
up €22,018, from -€19,436 to €2,583
- Tax, wage and social debts -€7,671
down €7,671 (-68.8%), from €11,157 to €3,486
of which Taxes: -€4,673
- Other debts +€782
up €782 (+7.7%), from €10,102 to €10,884
- Staff costs -€45,106
down €45,106 (-72.4%), from €62,308 to €17,203
- Gross operating margin -€16,650
down €16,650 (-26.4%), from €63,135 to €46,484
- Other operating charges +€4,855
up €4,855 (+2,529%), from €192 to €5,047
- Taxes +€1,493
new in 2025: €1,493
- Financial income +€657
up €657 (+21,898%), from €3 to €660
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 | €35,969 | €20,314 | -€15,655 | -43.5% |
| Current assets | 29/58 | €35,969 | €20,314 | -€15,655 | -43.5% |
| Stocks and contracts in progress | 3 | €6,182 | €6,570 | +€388 | +6.3% |
| Stocks | 30/36 | €6,182 | €6,570 | +€388 | +6.3% |
| Amounts receivable within one year | 40/41 | €17,193 | €5,607 | -€11,586 | -67.4% |
| Trade receivables | 40 | €17,166 | €5,579 | -€11,586 | -67.5% |
| Other amounts receivable | 41 | €27 | €27 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,214 | €8,138 | -€4,076 | -33.4% |
| Deferred charges and accrued income | 490/1 | €380 | - | -€380 | |
| Total equity and liabilities | 10/49 | €35,969 | €20,314 | -€15,655 | -43.5% |
| Equity | 10/15 | -€16,436 | €5,583 | +€22,018 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,436 | €2,583 | +€22,018 | |
| Amounts payable | 17/49 | €52,405 | €14,732 | -€37,673 | -71.9% |
| Amounts payable within one year | 42/48 | €52,405 | €14,732 | -€37,673 | -71.9% |
| Trade debts | 44 | €31,146 | €362 | -€30,783 | -98.8% |
| Suppliers | 440/4 | €31,146 | €362 | -€30,783 | -98.8% |
| Taxes, remuneration and social security | 45 | €11,157 | €3,486 | -€7,671 | -68.8% |
| Taxes | 450/3 | €8,159 | €3,486 | -€4,673 | -57.3% |
| Remuneration and social security | 454/9 | €2,998 | - | -€2,998 | |
| Other amounts payable | 47/48 | €10,102 | €10,884 | +€782 | +7.7% |
| Remuneration, social security and pensions | 62 | €62,308 | €17,203 | -€45,106 | -72.4% |
| Other operating charges | 640/8 | €192 | €5,047 | +€4,855 | +2,529% |
| Gross operating margin | 9900 | €63,135 | €46,484 | -€16,650 | -26.4% |
| Operating profit (loss) | 9901 | €635 | €24,235 | +€23,600 | +3,719% |
| Financial income | 75/76B | €3 | €660 | +€657 | +21,898% |
| Recurring financial income | 75 | €3 | €660 | +€657 | +21,898% |
| Financial charges | 65/66B | €1,635 | €1,384 | -€251 | -15.4% |
| Recurring financial charges | 65 | €1,635 | €1,384 | -€251 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€997 | €23,511 | +€24,508 | |
| Income taxes | 67/77 | - | €1,493 | +€1,493 | |
| Profit (loss) for the period | 9904 | -€997 | €22,018 | +€23,015 | |
| Profit (loss) for the period to be appropriated | 9905 | -€997 | €22,018 | +€23,015 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.