De Woningkoning: 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 Woningkoning
Largest movements
- Receivables within one year +€7,226
up €7,226 (+148%), from €4,881 to €12,107
of which Trade receivables: +€6,637
- Cash +€2,496
up €2,496 (+268%), from €932 to €3,428
mainly Net result for the year (+€5,124) and Other debts (+€3,850)
- Tangible fixed assets -€1,281
down €1,281 (-35.0%), from €3,662 to €2,380
of which Furniture and vehicles: -€915
- Deferred charges and accrued income +€685
up €685 (+64.6%), from €1,059 to €1,744
- Reserves +€5,124
up €5,124 (+176%), from €2,913 to €8,037
- Other debts +€3,850
up €3,850 (+147%), from €2,611 to €6,461
- Trade debts +€2,668
up €2,668 (+721%), from €370 to €3,039
- Tax, wage and social debts -€2,517
down €2,517 (-95.4%), from €2,640 to €123
- Gross operating margin +€3,114
up €3,114 (+70.4%), from €4,426 to €7,540
- Depreciation -€159
down €159 (-11.1%), from €1,441 to €1,281
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 | €10,534 | €19,659 | +€9,125 | +86.6% |
| Fixed assets | 21/28 | €3,662 | €2,380 | -€1,281 | -35.0% |
| Tangible fixed assets | 22/27 | €3,662 | €2,380 | -€1,281 | -35.0% |
| Plant, machinery and equipment | 23 | €2,212 | €1,846 | -€366 | -16.5% |
| Furniture and vehicles | 24 | €1,449 | €534 | -€915 | -63.2% |
| Current assets | 29/58 | €6,873 | €17,279 | +€10,406 | +151% |
| Amounts receivable within one year | 40/41 | €4,881 | €12,107 | +€7,226 | +148% |
| Trade receivables | 40 | €2,256 | €8,894 | +€6,637 | +294% |
| Other amounts receivable | 41 | €2,625 | €3,214 | +€588 | +22.4% |
| Cash at bank and in hand | 54/58 | €932 | €3,428 | +€2,496 | +268% |
| Deferred charges and accrued income | 490/1 | €1,059 | €1,744 | +€685 | +64.6% |
| Total equity and liabilities | 10/49 | €10,534 | €19,659 | +€9,125 | +86.6% |
| Equity | 10/15 | €4,913 | €10,037 | +€5,124 | +104% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,913 | €8,037 | +€5,124 | +176% |
| Distributable reserves | 133 | €2,913 | €8,037 | +€5,124 | +176% |
| Amounts payable | 17/49 | €5,621 | €9,622 | +€4,001 | +71.2% |
| Amounts payable within one year | 42/48 | €5,621 | €9,622 | +€4,001 | +71.2% |
| Trade debts | 44 | €370 | €3,039 | +€2,668 | +721% |
| Suppliers | 440/4 | €370 | €3,039 | +€2,668 | +721% |
| Taxes, remuneration and social security | 45 | €2,640 | €123 | -€2,517 | -95.4% |
| Taxes | 450/3 | €2,640 | €123 | -€2,517 | -95.4% |
| Other amounts payable | 47/48 | €2,611 | €6,461 | +€3,850 | +147% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,441 | €1,281 | -€159 | -11.1% |
| Other operating charges | 640/8 | €989 | €949 | -€40 | -4.1% |
| Gross operating margin | 9900 | €4,426 | €7,540 | +€3,114 | +70.4% |
| Operating profit (loss) | 9901 | €1,995 | €5,309 | +€3,314 | +166% |
| Financial charges | 65/66B | €197 | €185 | -€12 | -6.1% |
| Recurring financial charges | 65 | €197 | €185 | -€12 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €1,798 | €5,124 | +€3,326 | +185% |
| Profit (loss) for the period | 9904 | €1,798 | €5,124 | +€3,326 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €1,798 | €5,124 | +€3,326 | +185% |
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 19 October 2026 via checked.be.