De Huizenman: 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 Huizenman
Largest movements
- Cash +€42,229
up €42,229 (+98.7%), from €42,775 to €85,005
mainly Net result for the year (+€130,008) and Tax, wage and social debts (+€27,813)
- Receivables within one year +€29,482
up €29,482 (+407%), from €7,253 to €36,735
of which Trade receivables: +€24,750
- Stocks and contracts +€16,029
up €16,029 (+1.2%), from €1.3m to €1.3m
- Reserves +€130,008
up €130,008 (+259%), from €50,184 to €180,192
- Short-term financial debts -€91,351
down €91,351 (-7.9%), from €1.2m to €1.1m
- Tax, wage and social debts +€27,813
up €27,813 (+129%), from €21,486 to €49,300
of which Taxes: +€25,580
- Gross operating margin +€225,488
up €225,488 (+254%), from €88,617 to €314,105
- Other operating charges +€66,870
up €66,870 (+2,379%), from €2,811 to €69,681
- Financial charges +€41,692
up €41,692 (+189%), from €22,006 to €63,698
- Taxes +€25,562
up €25,562 (+203%), from €12,596 to €38,158
- Staff costs +€12,917
new in 2025: €12,917
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 | €1,339,996 | €1,427,737 | +€87,741 | +6.5% |
| Current assets | 29/58 | €1,339,996 | €1,427,737 | +€87,741 | +6.5% |
| Stocks and contracts in progress | 3 | €1,289,968 | €1,305,997 | +€16,029 | +1.2% |
| Stocks | 30/36 | €1,289,968 | €1,305,997 | +€16,029 | +1.2% |
| Amounts receivable within one year | 40/41 | €7,253 | €36,735 | +€29,482 | +407% |
| Trade receivables | 40 | - | €24,750 | +€24,750 | |
| Other amounts receivable | 41 | €7,253 | €11,985 | +€4,732 | +65.3% |
| Cash at bank and in hand | 54/58 | €42,775 | €85,005 | +€42,229 | +98.7% |
| Total equity and liabilities | 10/49 | €1,339,996 | €1,427,737 | +€87,741 | +6.5% |
| Equity | 10/15 | €53,184 | €183,192 | +€130,008 | +244% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €50,184 | €180,192 | +€130,008 | +259% |
| Distributable reserves | 133 | €50,184 | €180,192 | +€130,008 | +259% |
| Amounts payable | 17/49 | €1,286,812 | €1,244,545 | -€42,267 | -3.3% |
| Amounts payable within one year | 42/48 | €1,286,812 | €1,244,545 | -€42,267 | -3.3% |
| Financial debts | 43 | €1,153,847 | €1,062,497 | -€91,351 | -7.9% |
| Credit institutions | 430/8 | €1,153,847 | €1,062,497 | -€91,351 | -7.9% |
| Trade debts | 44 | €29,195 | €41,408 | +€12,213 | +41.8% |
| Suppliers | 440/4 | €29,195 | €41,408 | +€12,213 | +41.8% |
| Advances received on contracts in progress | 46 | - | €1,557 | +€1,557 | |
| Taxes, remuneration and social security | 45 | €21,486 | €49,300 | +€27,813 | +129% |
| Taxes | 450/3 | €21,486 | €47,067 | +€25,580 | +119% |
| Remuneration and social security | 454/9 | - | €2,233 | +€2,233 | |
| Other amounts payable | 47/48 | €82,283 | €89,783 | +€7,500 | +9.1% |
| Remuneration, social security and pensions | 62 | - | €12,917 | +€12,917 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,019 | €0 | -€1,019 | -100% |
| Other operating charges | 640/8 | €2,811 | €69,681 | +€66,870 | +2,379% |
| Gross operating margin | 9900 | €88,617 | €314,105 | +€225,488 | +254% |
| Operating profit (loss) | 9901 | €84,786 | €231,506 | +€146,720 | +173% |
| Financial income | 75/76B | €0 | €359 | +€359 | +3,586,700% |
| Recurring financial income | 75 | €0 | €359 | +€359 | +3,586,700% |
| Financial charges | 65/66B | €22,006 | €63,698 | +€41,692 | +189% |
| Recurring financial charges | 65 | €22,006 | €63,698 | +€41,692 | +189% |
| Profit (loss) for the period before taxes | 9903 | €62,780 | €168,167 | +€105,386 | +168% |
| Income taxes | 67/77 | €12,596 | €38,158 | +€25,562 | +203% |
| Profit (loss) for the period | 9904 | €50,184 | €130,008 | +€79,824 | +159% |
| Profit (loss) for the period to be appropriated | 9905 | €50,184 | €130,008 | +€79,824 | +159% |
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.