De Woningstudie: 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 Woningstudie
Largest movements
- Cash -€8,799
down €8,799 (-41.4%), from €21,228 to €12,429
mainly Other debts (-€5,835) and Receivables within one year (-€4,339)
- Receivables within one year +€4,339
up €4,339 (+111%), from €3,901 to €8,240
of which Other amounts receivable: +€5,000
- Tangible fixed assets +€2,750
up €2,750 (+208%), from €1,319 to €4,069
- Deferred charges and accrued income +€400
new in 2025: €400
- Other debts -€5,835
down €5,835 (-49.8%), from €11,722 to €5,887
- Reserves +€4,008
up €4,008 (+111%), from €3,612 to €7,620
- Tax, wage and social debts +€1,055
up €1,055 (+186%), from €568 to €1,624
- Trade debts -€546
down €546 (-100%), from €546 to €0
- Gross operating margin +€4,938
up €4,938 (+391%), from €1,263 to €6,202
- Taxes +€1,318
new in 2025: €1,318
- Other operating charges -€387
down €387 (-100%), from €387 to €0
- Financial income +€249
new in 2025: €249
- Depreciation +€231
up €231 (+27.3%), from €846 to €1,077
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 | €26,449 | €25,139 | -€1,310 | -5.0% |
| Fixed assets | 21/28 | €1,319 | €4,069 | +€2,750 | +208% |
| Tangible fixed assets | 22/27 | €1,319 | €4,069 | +€2,750 | +208% |
| Furniture and vehicles | 24 | €1,319 | €4,069 | +€2,750 | +208% |
| Current assets | 29/58 | €25,130 | €21,069 | -€4,060 | -16.2% |
| Amounts receivable within one year | 40/41 | €3,901 | €8,240 | +€4,339 | +111% |
| Trade receivables | 40 | €3,901 | €3,240 | -€661 | -16.9% |
| Other amounts receivable | 41 | €0 | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €21,228 | €12,429 | -€8,799 | -41.4% |
| Deferred charges and accrued income | 490/1 | - | €400 | +€400 | |
| Total equity and liabilities | 10/49 | €26,449 | €25,139 | -€1,310 | -5.0% |
| Equity | 10/15 | €13,612 | €17,628 | +€4,016 | +29.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €3,612 | €7,620 | +€4,008 | +111% |
| Distributable reserves | 133 | €3,612 | €7,620 | +€4,008 | +111% |
| Profit (loss) carried forward | 14 | - | €8 | +€8 | |
| Amounts payable | 17/49 | €12,837 | €7,511 | -€5,326 | -41.5% |
| Amounts payable within one year | 42/48 | €12,837 | €7,511 | -€5,326 | -41.5% |
| Trade debts | 44 | €546 | €0 | -€546 | -100% |
| Suppliers | 440/4 | €546 | €0 | -€546 | -100% |
| Taxes, remuneration and social security | 45 | €568 | €1,624 | +€1,055 | +186% |
| Taxes | 450/3 | €568 | €1,624 | +€1,055 | +186% |
| Other amounts payable | 47/48 | €11,722 | €5,887 | -€5,835 | -49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €846 | €1,077 | +€231 | +27.3% |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100% |
| Gross operating margin | 9900 | €1,263 | €6,202 | +€4,938 | +391% |
| Operating profit (loss) | 9901 | €30 | €5,125 | +€5,095 | +17,254% |
| Financial income | 75/76B | - | €249 | +€249 | |
| Recurring financial income | 75 | - | €249 | +€249 | |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | -€14 | €5,334 | +€5,347 | |
| Income taxes | 67/77 | - | €1,318 | +€1,318 | |
| Profit (loss) for the period | 9904 | -€14 | €4,016 | +€4,030 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14 | €4,016 | +€4,030 |
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 21 October 2026 via checked.be.