HABITAT + MANAGEMENT: 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.
What changed
HABITAT + MANAGEMENT
NACE 64.210, Activities of holding companies
financial year 31-12-2025 compared with 31-12-2024filed annual accounts (NBB)
Net result for the year
€41,167
31-12-2024 · €33,874+€7,293
Equity
€1.3m
31-12-2024 · €1.2m+€41,167
Cash
€13,381
31-12-2024 · €23,384-€10,003
Balance sheet total
€5.9m
31-12-2024 · €5.3m+€504,194
Largest movements
Assets
- Financial fixed assets +€400,000
up €400,000 (+8.8%), from €4.5m to €4.9m
- Tangible fixed assets +€90,969
up €90,969 (+1,060%), from €8,583 to €99,552
of which Furniture and vehicles: +€91,333
Equity and liabilities
- Other debts +€345,905
up €345,905 (+14.3%), from €2.4m to €2.8m
- Debts after one year +€214,420
up €214,420 (+15.4%), from €1.4m to €1.6m
of which Other amounts payable: +€336,375
- Tax, wage and social debts -€76,012
down €76,012 (-93.1%), from €81,686 to €5,674
of which Taxes: -€57,949
Income statement
- Staff costs -€23,830
down €23,830 (-19.1%), from €124,584 to €100,754
- Services and other goods +€10,933
up €10,933 (+2.7%), from €410,114 to €421,047
- Financial charges +€10,576
up €10,576 (+11.0%), from €96,517 to €107,092
- Goods and materials +€9,391
up €9,391 (+601%), from €1,563 to €10,954
- Taxes -€8,280
down €8,280 (-29.2%), from €28,347 to €20,067
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
€33,874
Turnover
-€672
Other operating income
+€377
Goods and materials
-€9,391
Services and other goods
-€10,933
Staff costs
+€23,830
Depreciation
+€5,786
Other operating charges
+€537
Financial income
+€56
Financial charges
-€10,576
Taxes
+€8,280
Result 31-12-2025
€41,167
raises the resultlowers the result
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€271,324
Investment
-€491,782
Financing
+€210,455
Cash 31-12-2024
€23,384
From operations (derived)
+€271,324
Net result for the year
+€41,167
Depreciation
+€813
Receivables within one year
-€25,992
Deferred charges and accrued income
+€2,764
Trade debts
-€17,039
Tax, wage and social debts
-€76,012
Other debts
+€345,905
Accrued charges and deferred income
-€282
Investment (derived)
-€491,782
Investment in fixed assets (net)
-€491,782
Financing
+€210,455
Debts after one year
+€214,420
Current portion of long-term debt
-€994
Short-term financial debts
-€2,971
Cash 31-12-2025
€13,381
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,346,293 | €5,850,488 | +€504,194 | +9.4% |
| Fixed assets | 21/28 | €4,549,192 | €5,040,162 | +€490,969 | +10.8% |
| Tangible fixed assets | 22/27 | €8,583 | €99,552 | +€90,969 | +1,060% |
| Plant, machinery and equipment | 23 | €2,994 | €2,630 | -€364 | -12.2% |
| Furniture and vehicles | 24 | €5,589 | €96,922 | +€91,333 | +1,634% |
| Financial fixed assets | 28 | €4,540,609 | €4,940,609 | +€400,000 | +8.8% |
| Affiliated companies | 280/1 | €4,540,609 | €4,940,609 | +€400,000 | +8.8% |
| Participating interests | 280 | €4,540,609 | €4,940,609 | +€400,000 | +8.8% |
| Current assets | 29/58 | €797,101 | €810,326 | +€13,225 | +1.7% |
| Amounts receivable within one year | 40/41 | €766,236 | €792,229 | +€25,992 | +3.4% |
| Trade receivables | 40 | €284,424 | €523,570 | +€239,146 | +84.1% |
| Other amounts receivable | 41 | €481,813 | €268,659 | -€213,154 | -44.2% |
| Cash at bank and in hand | 54/58 | €23,384 | €13,381 | -€10,003 | -42.8% |
| Deferred charges and accrued income | 490/1 | €7,481 | €4,716 | -€2,764 | -37.0% |
| Total equity and liabilities | 10/49 | €5,346,293 | €5,850,488 | +€504,194 | +9.4% |
| Equity | 10/15 | €1,232,955 | €1,274,122 | +€41,167 | +3.3% |
| Contributions | 10/11 | €871,084 | €871,084 | = | 0.0% |
| Reserves | 13 | €361,871 | €403,037 | +€41,167 | +11.4% |
| Distributable reserves | 133 | €361,871 | €403,037 | +€41,167 | +11.4% |
| Amounts payable | 17/49 | €4,113,338 | €4,576,366 | +€463,028 | +11.3% |
| Amounts payable after more than one year | 17 | €1,395,340 | €1,609,760 | +€214,420 | +15.4% |
| Financial debts | 170/4 | €705,528 | €583,573 | -€121,955 | -17.3% |
| Credit institutions | 173 | €705,528 | €583,573 | -€121,955 | -17.3% |
| Other amounts payable | 178/9 | €689,812 | €1,026,187 | +€336,375 | +48.8% |
| Amounts payable within one year | 42/48 | €2,717,717 | €2,966,606 | +€248,889 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €122,949 | €121,955 | -€994 | -0.8% |
| Financial debts | 43 | €14,712 | €11,741 | -€2,971 | -20.2% |
| Credit institutions | 430/8 | €14,712 | €11,741 | -€2,971 | -20.2% |
| Trade debts | 44 | €74,273 | €57,233 | -€17,039 | -22.9% |
| Suppliers | 440/4 | €74,273 | €57,233 | -€17,039 | -22.9% |
| Taxes, remuneration and social security | 45 | €81,686 | €5,674 | -€76,012 | -93.1% |
| Taxes | 450/3 | €59,388 | €1,439 | -€57,949 | -97.6% |
| Remuneration and social security | 454/9 | €22,298 | €4,235 | -€18,063 | -81.0% |
| Other amounts payable | 47/48 | €2,424,098 | €2,770,003 | +€345,905 | +14.3% |
| Accrued charges and deferred income | 492/3 | €282 | - | -€282 | |
| Operating income | 70/76A | €706,381 | €706,086 | -€295 | 0.0% |
| Turnover | 70 | €684,424 | €683,751 | -€672 | -0.1% |
| Other operating income | 74 | €21,958 | €22,335 | +€377 | +1.7% |
| Operating charges | 60/66A | €547,645 | €537,816 | -€9,829 | -1.8% |
| Goods for resale, raw materials and consumables | 60 | €1,563 | €10,954 | +€9,391 | +601% |
| Purchases | 600/8 | €1,563 | €10,954 | +€9,391 | +601% |
| Services and other goods | 61 | €410,114 | €421,047 | +€10,933 | +2.7% |
| Remuneration, social security and pensions | 62 | €124,584 | €100,754 | -€23,830 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,599 | €813 | -€5,786 | -87.7% |
| Other operating charges | 640/8 | €4,785 | €4,248 | -€537 | -11.2% |
| Operating profit (loss) | 9901 | €158,737 | €168,270 | +€9,533 | +6.0% |
| Financial income | 75/76B | - | €56 | +€56 | |
| Recurring financial income | 75 | - | €56 | +€56 | |
| Other financial income | 752/9 | - | €56 | +€56 | |
| Financial charges | 65/66B | €96,517 | €107,092 | +€10,576 | +11.0% |
| Recurring financial charges | 65 | €96,517 | €107,092 | +€10,576 | +11.0% |
| Debt charges | 650 | €93,060 | €101,745 | +€8,685 | +9.3% |
| Other financial charges | 652/9 | €3,457 | €5,348 | +€1,891 | +54.7% |
| Profit (loss) for the period before taxes | 9903 | €62,220 | €61,234 | -€987 | -1.6% |
| Income taxes | 67/77 | €28,347 | €20,067 | -€8,280 | -29.2% |
| Taxes | 670/3 | €28,347 | €20,067 | -€8,280 | -29.2% |
| Profit (loss) for the period | 9904 | €33,874 | €41,167 | +€7,293 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,874 | €41,167 | +€7,293 | +21.5% |
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 22 October 2026 via checked.be.