DEN HOUT: 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.
DEN HOUT
Largest movements
- Receivables within one year +€17,337
up €17,337 (+1830.6%), from €947 to €18,284
of which Other amounts receivable: +€17,921
- Tangible fixed assets -€16,145
down €16,145 (-3.1%), from €523,939 to €507,794
of which Land and buildings: -€15,010
- Other debts +€52,500
up €52,500 (+238.6%), from €22,000 to €74,500
- Debts after one year -€40,898
down €40,898 (-17.2%), from €238,183 to €197,285
- Profit (loss) carried forward -€15,935
down €15,935 (-38.6%), from -€41,285 to -€57,220
- Gross operating margin +€5,702
up €5,702 (+3057.5%), from €187 to €5,889
- Taxes -€528
no longer reported in 2025 (was €528)
- Financial charges -€467
down €467 (-12.4%), from €3,774 to €3,307
- Depreciation +€317
up €317 (+2.0%), from €15,828 to €16,145
- Other operating charges +€73
up €73 (+3.2%), from €2,299 to €2,372
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.
Cash bridge derived
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 | €530,894 | €527,170 | -€3,725 | -0.7% |
| Fixed assets | 21/28 | €523,939 | €507,794 | -€16,145 | -3.1% |
| Tangible fixed assets | 22/27 | €523,939 | €507,794 | -€16,145 | -3.1% |
| Land and buildings | 22 | €521,023 | €506,013 | -€15,010 | -2.9% |
| Furniture and vehicles | 24 | €2,916 | €1,781 | -€1,135 | -38.9% |
| Current assets | 29/58 | €6,956 | €19,376 | +€12,421 | +178.6% |
| Amounts receivable within one year | 40/41 | €947 | €18,284 | +€17,337 | +1830.6% |
| Trade receivables | 40 | €584 | - | -€584 | |
| Other amounts receivable | 41 | €363 | €18,284 | +€17,921 | +4937.2% |
| Cash at bank and in hand | 54/58 | €1,660 | €849 | -€811 | -48.9% |
| Deferred charges and accrued income | 490/1 | €4,349 | €243 | -€4,105 | -94.4% |
| Total equity and liabilities | 10/49 | €530,894 | €527,170 | -€3,725 | -0.7% |
| Equity | 10/15 | €230,275 | €214,340 | -€15,935 | -6.9% |
| Contributions | 10/11 | €19,708 | €19,708 | = | 0.0% |
| Reserves | 13 | €251,852 | €251,852 | = | 0.0% |
| Distributable reserves | 133 | €251,852 | €251,852 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,285 | -€57,220 | -€15,935 | -38.6% |
| Amounts payable | 17/49 | €300,619 | €312,830 | +€12,211 | +4.1% |
| Amounts payable after more than one year | 17 | €238,183 | €197,285 | -€40,898 | -17.2% |
| Financial debts | 170/4 | €238,183 | €197,285 | -€40,898 | -17.2% |
| Amounts payable within one year | 42/48 | €62,436 | €115,545 | +€53,108 | +85.1% |
| Current portion of amounts payable after more than one year | 42 | €40,424 | €40,898 | +€474 | +1.2% |
| Trade debts | 44 | €13 | €147 | +€134 | +1055.3% |
| Suppliers | 440/4 | €13 | €147 | +€134 | +1055.3% |
| Other amounts payable | 47/48 | €22,000 | €74,500 | +€52,500 | +238.6% |
| Non-recurring operating income | 76A | €360 | - | -€360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,828 | €16,145 | +€317 | +2.0% |
| Other operating charges | 640/8 | €2,299 | €2,372 | +€73 | +3.2% |
| Gross operating margin | 9900 | €187 | €5,889 | +€5,702 | +3057.5% |
| Operating profit (loss) | 9901 | -€17,941 | -€12,629 | +€5,312 | +29.6% |
| Financial charges | 65/66B | €3,774 | €3,307 | -€467 | -12.4% |
| Recurring financial charges | 65 | €3,774 | €3,307 | -€467 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,715 | -€15,935 | +€5,780 | +26.6% |
| Income taxes | 67/77 | €528 | - | -€528 | |
| Profit (loss) for the period | 9904 | -€22,244 | -€15,935 | +€6,308 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,244 | -€15,935 | +€6,308 | +28.4% |
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 10 October 2026 via checked.be.