HABITATION PROJECTS: 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.
HABITATION PROJECTS
Largest movements
- Stocks and contracts +€349,365
up €349,365 (+138%), from €252,931 to €602,296
- Deferred charges and accrued income +€29,891
new in 2025: €29,891
- Cash -€20,195
no longer reported in 2025 (was €20,195)
mainly Stocks and contracts (-€349,365) and Deferred charges and accrued income (-€29,891)
- Other debts +€194,044
up €194,044 (+111%), from €174,167 to €368,211
- Short-term financial debts +€189,771
up €189,771 (+184%), from €103,207 to €292,978
- Profit (loss) carried forward -€18,619
down €18,619 (-143%), from -€13,009 to -€31,627
- Financial charges +€25,672
up €25,672 (+2,206%), from €1,164 to €26,836
- Gross operating margin +€19,881
up €19,881, from -€10,174 to €9,707
- Depreciation -€345
down €345 (-37.7%), from €916 to €571
- Other operating charges +€165
up €165 (+21.8%), from €755 to €919
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 | €275,063 | €638,849 | +€363,785 | +132% |
| Formation expenses | 20 | €1,938 | €1,367 | -€571 | -29.5% |
| Current assets | 29/58 | €273,126 | €637,482 | +€364,356 | +133% |
| Stocks and contracts in progress | 3 | €252,931 | €602,296 | +€349,365 | +138% |
| Stocks | 30/36 | €252,931 | €602,296 | +€349,365 | +138% |
| Amounts receivable within one year | 40/41 | - | €5,294 | +€5,294 | |
| Trade receivables | 40 | - | €791 | +€791 | |
| Other amounts receivable | 41 | - | €4,504 | +€4,504 | |
| Cash at bank and in hand | 54/58 | €20,195 | - | -€20,195 | |
| Deferred charges and accrued income | 490/1 | - | €29,891 | +€29,891 | |
| Total equity and liabilities | 10/49 | €275,063 | €638,849 | +€363,785 | +132% |
| Equity | 10/15 | -€8,009 | -€26,627 | -€18,619 | -232% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,009 | -€31,627 | -€18,619 | -143% |
| Amounts payable | 17/49 | €283,072 | €665,476 | +€382,404 | +135% |
| Amounts payable within one year | 42/48 | €283,072 | €665,476 | +€382,404 | +135% |
| Financial debts | 43 | €103,207 | €292,978 | +€189,771 | +184% |
| Credit institutions | 430/8 | €103,207 | €292,978 | +€189,771 | +184% |
| Trade debts | 44 | €2,339 | €3,901 | +€1,562 | +66.8% |
| Suppliers | 440/4 | €2,339 | €3,901 | +€1,562 | +66.8% |
| Taxes, remuneration and social security | 45 | €3,359 | €386 | -€2,973 | -88.5% |
| Taxes | 450/3 | €3,359 | €386 | -€2,973 | -88.5% |
| Other amounts payable | 47/48 | €174,167 | €368,211 | +€194,044 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €916 | €571 | -€345 | -37.7% |
| Other operating charges | 640/8 | €755 | €919 | +€165 | +21.8% |
| Gross operating margin | 9900 | -€10,174 | €9,707 | +€19,881 | |
| Operating profit (loss) | 9901 | -€11,845 | €8,217 | +€20,062 | |
| Financial charges | 65/66B | €1,164 | €26,836 | +€25,672 | +2,206% |
| Recurring financial charges | 65 | €1,164 | €26,836 | +€25,672 | +2,206% |
| Profit (loss) for the period before taxes | 9903 | -€13,009 | -€18,619 | -€5,610 | -43.1% |
| Profit (loss) for the period | 9904 | -€13,009 | -€18,619 | -€5,610 | -43.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,009 | -€18,619 | -€5,610 | -43.1% |
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 15 October 2026 via checked.be.