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HET BATIMENT: what changed

Two fiscal 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

HET BATIMENT

BE 0759.826.437
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,432
2024 · €10,264+€168
Equity
€189,427
2024 · €178,995+€10,432
Cash
-
2024 · €0
Balance sheet total
€329,044
2024 · €341,013-€11,969

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€11,305

    down €11,305 (-8.5%), from €132,835 to €121,531

    of which Other amounts receivable: -€13,120

Equity and liabilities
  • Debts after one year -€29,163

    down €29,163 (-34.9%), from €83,590 to €54,427

  • Other debts +€15,604

    up €15,604 (+275.2%), from €5,670 to €21,274

  • Reserves +€10,432

    up €10,432 (+6.2%), from €168,995 to €179,427

  • Tax, wage and social debts -€4,857

    down €4,857 (-25.5%), from €19,046 to €14,188

    of which Taxes: -€4,857

  • Short-term financial debts -€3,627

    down €3,627 (-15.3%), from €23,772 to €20,145

Income statement
  • Financial charges -€699

    down €699 (-13.0%), from €5,356 to €4,657

  • Other operating charges +€507

    up €507 (+57.3%), from €884 to €1,391

  • Depreciation -€294

    down €294 (-19.7%), from €1,493 to €1,200

  • Gross operating margin -€225

    down €225 (-1.2%), from €18,199 to €17,974

  • Taxes +€201

    up €201 (+4.0%), from €4,973 to €5,174

From the 2024 result to the 2025 result

effect on the 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 2024 €10,264
Gross operating margin -€225
Depreciation +€294
Other operating charges -€507
Financial income +€108
Financial charges +€699
Taxes -€201
Result 2025 €10,432

Cash bridge derived

cash 2024 to 2025

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.

From operations +€33,755
Investment -€677
Financing -€33,078
Cash 2024 €0
Net result for the year +€10,432
Depreciation +€1,200
Receivables within one year +€11,305
Deferred charges and accrued income +€142
Trade debts +€9
Tax, wage and social debts -€4,857
Other debts +€15,604
Accrued charges and deferred income -€80
Investment in fixed assets (net) -€677
Debts after one year -€29,163
Current portion of long-term debt -€288
Short-term financial debts -€3,627
Cash 2025 €0
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €341,013 €329,044 -€11,969 -3.5%
Fixed assets 21/28 €208,036 €207,513 -€523 -0.3%
Tangible fixed assets 22/27 €2,036 €1,513 -€523 -25.7%
Plant, machinery and equipment 23 €1,024 €901 -€122 -12.0%
Furniture and vehicles 24 €1,012 €612 -€400 -39.6%
Financial fixed assets 28 €206,000 €206,000 = 0.0%
Current assets 29/58 €132,977 €121,531 -€11,447 -8.6%
Amounts receivable within one year 40/41 €132,835 €121,531 -€11,305 -8.5%
Trade receivables 40 €7,714 €9,529 +€1,815 +23.5%
Other amounts receivable 41 €125,122 €112,002 -€13,120 -10.5%
Cash at bank and in hand 54/58 €0 - =
Deferred charges and accrued income 490/1 €142 €0 -€142 -100.0%
Total equity and liabilities 10/49 €341,013 €329,044 -€11,969 -3.5%
Equity 10/15 €178,995 €189,427 +€10,432 +5.8%
Contributions 10/11 €10,000 €10,000 = 0.0%
Reserves 13 €168,995 €179,427 +€10,432 +6.2%
Distributable reserves 133 €168,995 €179,427 +€10,432 +6.2%
Amounts payable 17/49 €162,019 €139,617 -€22,402 -13.8%
Amounts payable after more than one year 17 €83,590 €54,427 -€29,163 -34.9%
Financial debts 170/4 €83,590 €54,427 -€29,163 -34.9%
Amounts payable within one year 42/48 €78,064 €84,905 +€6,842 +8.8%
Current portion of amounts payable after more than one year 42 €29,451 €29,163 -€288 -1.0%
Financial debts 43 €23,772 €20,145 -€3,627 -15.3%
Credit institutions 430/8 €23,772 €20,145 -€3,627 -15.3%
Trade debts 44 €125 €134 +€9 +7.4%
Suppliers 440/4 €125 €134 +€9 +7.4%
Taxes, remuneration and social security 45 €19,046 €14,188 -€4,857 -25.5%
Taxes 450/3 €16,746 €11,888 -€4,857 -29.0%
Remuneration and social security 454/9 €2,300 €2,300 = 0.0%
Other amounts payable 47/48 €5,670 €21,274 +€15,604 +275.2%
Accrued charges and deferred income 492/3 €365 €285 -€80 -21.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,493 €1,200 -€294 -19.7%
Other operating charges 640/8 €884 €1,391 +€507 +57.3%
Gross operating margin 9900 €18,199 €17,974 -€225 -1.2%
Operating profit (loss) 9901 €15,821 €15,383 -€438 -2.8%
Financial income 75/76B €4,772 €4,880 +€108 +2.3%
Recurring financial income 75 €4,772 €4,880 +€108 +2.3%
Financial charges 65/66B €5,356 €4,657 -€699 -13.0%
Recurring financial charges 65 €5,356 €4,657 -€699 -13.0%
Profit (loss) for the period before taxes 9903 €15,238 €15,607 +€369 +2.4%
Income taxes 67/77 €4,973 €5,174 +€201 +4.0%
Profit (loss) for the period 9904 €10,264 €10,432 +€168 +1.6%
Profit (loss) for the period to be appropriated 9905 €10,264 €10,432 +€168 +1.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.