HOUASIAR: 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.
HOUASIAR
Largest movements
- Cash +€135,690
up €135,690 (+106.0%), from €128,011 to €263,701
mainly Net result for the year (+€141,767) and Depreciation (+€38)
- Profit (loss) carried forward +€141,767
up €141,767 (+138.1%), from €102,638 to €244,405
- Trade debts -€4,426
no longer reported in 2024 (was €4,426)
- Purchases and services +€341,936
up €341,936 (+18.9%), from €1.8m to €2.2m
- Turnover +€314,566
up €314,566 (+14.9%), from €2.1m to €2.4m
- Staff costs -€91,343
down €91,343 (-45.7%), from €199,969 to €108,626
- Gross operating margin -€27,370
down €27,370 (-9.4%), from €292,641 to €265,271
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €129,469 | €265,121 | +€135,652 | +104.8% |
| Fixed assets | 21/28 | €38 | - | -€38 | |
| Tangible fixed assets | 22/27 | €38 | - | -€38 | |
| Other tangible fixed assets | 26 | €38 | - | -€38 | |
| Current assets | 29/58 | €129,431 | €265,121 | +€135,690 | +104.8% |
| Stocks and contracts in progress | 3 | €1,420 | €1,420 | = | 0.0% |
| Stocks | 30/36 | €1,420 | €1,420 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €128,011 | €263,701 | +€135,690 | +106.0% |
| Total equity and liabilities | 10/49 | €129,469 | €265,121 | +€135,652 | +104.8% |
| Equity | 10/15 | €121,238 | €263,005 | +€141,767 | +116.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,638 | €244,405 | +€141,767 | +138.1% |
| Amounts payable | 17/49 | €8,231 | €2,117 | -€6,115 | -74.3% |
| Amounts payable within one year | 42/48 | €8,231 | €2,117 | -€6,115 | -74.3% |
| Trade debts | 44 | €4,426 | - | -€4,426 | |
| Suppliers | 440/4 | €4,426 | - | -€4,426 | |
| Taxes, remuneration and social security | 45 | €3,806 | €2,117 | -€1,689 | -44.4% |
| Taxes | 450/3 | €3,806 | €2,117 | -€1,689 | -44.4% |
| Turnover | 70 | €2,105,191 | €2,419,756 | +€314,566 | +14.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,812,550 | €2,154,485 | +€341,936 | +18.9% |
| Remuneration, social security and pensions | 62 | €199,969 | €108,626 | -€91,343 | -45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,741 | €38 | -€2,703 | -98.6% |
| Other operating charges | 640/8 | €594 | €1,029 | +€434 | +73.1% |
| Gross operating margin | 9900 | €292,641 | €265,271 | -€27,370 | -9.4% |
| Operating profit (loss) | 9901 | €89,336 | €155,578 | +€66,242 | +74.1% |
| Financial charges | 65/66B | €282 | €28 | -€254 | -90.1% |
| Recurring financial charges | 65 | €282 | €28 | -€254 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | €89,054 | €155,551 | +€66,496 | +74.7% |
| Income taxes | 67/77 | - | €13,784 | +€13,784 | |
| Profit (loss) for the period | 9904 | €89,054 | €141,767 | +€52,713 | +59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €89,054 | €141,767 | +€52,713 | +59.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.