De Huiszwaluw: 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 Huiszwaluw
Largest movements
- Receivables within one year +€37,429
up €37,429 (+42.2%), from €88,656 to €126,084
of which Other amounts receivable: +€18,912
- Tangible fixed assets -€30,492
down €30,492 (-11.0%), from €277,524 to €247,032
of which Furniture and vehicles: -€15,819
- Cash +€21,530
up €21,530 (+16.1%), from €133,916 to €155,446
mainly Net result for the year (+€55,893) and Depreciation (+€39,686)
- Current investments +€10,000
up €10,000 (+28.6%), from €34,951 to €44,951
- Reserves +€55,893
up €55,893 (+29.7%), from €188,264 to €244,157
of which Distributable reserves: +€55,893
- Debts after one year -€30,600
down €30,600 (-77.2%), from €39,658 to €9,058
- Trade debts +€18,589
up €18,589 (+62.9%), from €29,539 to €48,129
- Tax, wage and social debts -€9,900
down €9,900 (-19.2%), from €51,635 to €41,736
of which Remuneration and social security: -€6,413
- Staff costs -€58,861
down €58,861 (-31.7%), from €185,550 to €126,689
- Gross operating margin -€35,420
down €35,420 (-12.0%), from €295,374 to €259,955
- Taxes +€7,358
up €7,358 (+34.1%), from €21,592 to €28,950
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 | €544,060 | €581,519 | +€37,459 | +6.9% |
| Fixed assets | 21/28 | €277,524 | €247,032 | -€30,492 | -11.0% |
| Tangible fixed assets | 22/27 | €277,524 | €247,032 | -€30,492 | -11.0% |
| Plant, machinery and equipment | 23 | €7,274 | €6,164 | -€1,110 | -15.3% |
| Furniture and vehicles | 24 | €79,403 | €63,585 | -€15,819 | -19.9% |
| Other tangible fixed assets | 26 | €190,846 | €177,283 | -€13,563 | -7.1% |
| Current assets | 29/58 | €266,536 | €334,487 | +€67,951 | +25.5% |
| Stocks and contracts in progress | 3 | €1,027 | €1,007 | -€21 | -2.0% |
| Stocks | 30/36 | €1,027 | €1,007 | -€21 | -2.0% |
| Amounts receivable within one year | 40/41 | €88,656 | €126,084 | +€37,429 | +42.2% |
| Trade receivables | 40 | €65,594 | €84,111 | +€18,517 | +28.2% |
| Other amounts receivable | 41 | €23,061 | €41,973 | +€18,912 | +82.0% |
| Current investments | 50/53 | €34,951 | €44,951 | +€10,000 | +28.6% |
| Cash at bank and in hand | 54/58 | €133,916 | €155,446 | +€21,530 | +16.1% |
| Deferred charges and accrued income | 490/1 | €7,986 | €6,999 | -€987 | -12.4% |
| Total equity and liabilities | 10/49 | €544,060 | €581,519 | +€37,459 | +6.9% |
| Equity | 10/15 | €374,764 | €430,657 | +€55,893 | +14.9% |
| Contributions | 10/11 | €186,500 | €186,500 | = | 0.0% |
| Reserves | 13 | €188,264 | €244,157 | +€55,893 | +29.7% |
| Tax-exempt reserves | 132 | €1,043 | €1,043 | = | 0.0% |
| Distributable reserves | 133 | €187,221 | €243,114 | +€55,893 | +29.9% |
| Amounts payable | 17/49 | €169,296 | €150,862 | -€18,434 | -10.9% |
| Amounts payable after more than one year | 17 | €39,658 | €9,058 | -€30,600 | -77.2% |
| Financial debts | 170/4 | €39,658 | €9,058 | -€30,600 | -77.2% |
| Amounts payable within one year | 42/48 | €126,066 | €137,226 | +€11,160 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €32,425 | €30,600 | -€1,825 | -5.6% |
| Trade debts | 44 | €29,539 | €48,129 | +€18,589 | +62.9% |
| Suppliers | 440/4 | €29,539 | €48,129 | +€18,589 | +62.9% |
| Taxes, remuneration and social security | 45 | €51,635 | €41,736 | -€9,900 | -19.2% |
| Taxes | 450/3 | €17,824 | €14,337 | -€3,486 | -19.6% |
| Remuneration and social security | 454/9 | €33,812 | €27,399 | -€6,413 | -19.0% |
| Other amounts payable | 47/48 | €12,466 | €16,762 | +€4,296 | +34.5% |
| Accrued charges and deferred income | 492/3 | €3,572 | €4,578 | +€1,006 | +28.2% |
| Remuneration, social security and pensions | 62 | €185,550 | €126,689 | -€58,861 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,782 | €39,686 | +€1,904 | +5.0% |
| Other operating charges | 640/8 | €6,552 | €7,682 | +€1,130 | +17.2% |
| Non-recurring operating charges | 66A | €6,950 | - | -€6,950 | |
| Gross operating margin | 9900 | €295,374 | €259,955 | -€35,420 | -12.0% |
| Operating profit (loss) | 9901 | €58,541 | €85,897 | +€27,357 | +46.7% |
| Financial income | 75/76B | €1,554 | €1,703 | +€149 | +9.6% |
| Recurring financial income | 75 | €1,554 | €1,703 | +€149 | +9.6% |
| Financial charges | 65/66B | €4,724 | €2,757 | -€1,966 | -41.6% |
| Recurring financial charges | 65 | €3,413 | €2,757 | -€655 | -19.2% |
| Non-recurring financial charges | 66B | €1,311 | - | -€1,311 | |
| Profit (loss) for the period before taxes | 9903 | €55,371 | €84,843 | +€29,472 | +53.2% |
| Income taxes | 67/77 | €21,592 | €28,950 | +€7,358 | +34.1% |
| Profit (loss) for the period | 9904 | €33,779 | €55,893 | +€22,114 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,779 | €55,893 | +€22,114 | +65.5% |
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 31 October 2026 via checked.be.