HOUBLON DU CONDROZ: what changed
HOUBLON DU CONDROZ
Largest movements
- Receivables within one year -€102,249
down €102,249 (-28.0%), from €365,226 to €262,978
of which Other amounts receivable: -€82,561
- Cash +€35,173
up €35,173 (+94.9%), from €37,069 to €72,242
mainly Receivables within one year (+€102,249) and Other debts (+€24,975)
- Tangible fixed assets -€10,411
down €10,411 (-12.7%), from €81,958 to €71,547
of which Assets under construction and advance payments: -€28,282
- Accrued charges and deferred income -€54,869
down €54,869 (-19.4%), from €283,236 to €228,367
- Other debts +€24,975
up €24,975 (+30,273%), from €83 to €25,057
- Trade debts -€24,873
down €24,873 (-65.1%), from €38,193 to €13,321
- Profit (loss) carried forward -€19,417
down €19,417 (-14.2%), from -€136,415 to -€155,831
- Gross operating margin +€26,859
up €26,859 (+124%), from €21,589 to €48,447
- Depreciation +€5,092
up €5,092 (+47.7%), from €10,676 to €15,767
- Staff costs -€4,930
down €4,930 (-9.8%), from €50,473 to €45,543
- Other operating charges -€903
down €903 (-94.8%), from €953 to €50
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €484,253 | €406,788 | -€77,466 | -16.0% |
| Fixed assets | 21/28 | €81,958 | €71,547 | -€10,411 | -12.7% |
| Tangible fixed assets | 22/27 | €81,958 | €71,547 | -€10,411 | -12.7% |
| Plant, machinery and equipment | 23 | €51,749 | €70,665 | +€18,916 | +36.6% |
| Furniture and vehicles | 24 | €841 | €401 | -€440 | -52.3% |
| Other tangible fixed assets | 26 | €1,085 | €481 | -€604 | -55.7% |
| Assets under construction and advance payments | 27 | €28,282 | €0 | -€28,282 | -100% |
| Current assets | 29/58 | €402,295 | €335,241 | -€67,055 | -16.7% |
| Amounts receivable within one year | 40/41 | €365,226 | €262,978 | -€102,249 | -28.0% |
| Trade receivables | 40 | €40,343 | €20,655 | -€19,688 | -48.8% |
| Other amounts receivable | 41 | €324,884 | €242,323 | -€82,561 | -25.4% |
| Cash at bank and in hand | 54/58 | €37,069 | €72,242 | +€35,173 | +94.9% |
| Deferred charges and accrued income | 490/1 | - | €21 | +€21 | |
| Total equity and liabilities | 10/49 | €484,253 | €406,788 | -€77,466 | -16.0% |
| Equity | 10/15 | €156,085 | €136,669 | -€19,417 | -12.4% |
| Contributions | 10/11 | €292,500 | €292,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,415 | -€155,831 | -€19,417 | -14.2% |
| Amounts payable | 17/49 | €328,168 | €270,119 | -€58,049 | -17.7% |
| Amounts payable within one year | 42/48 | €44,932 | €41,752 | -€3,180 | -7.1% |
| Trade debts | 44 | €38,193 | €13,321 | -€24,873 | -65.1% |
| Suppliers | 440/4 | €38,193 | €13,321 | -€24,873 | -65.1% |
| Taxes, remuneration and social security | 45 | €6,657 | €3,374 | -€3,283 | -49.3% |
| Remuneration and social security | 454/9 | €6,657 | €3,374 | -€3,283 | -49.3% |
| Other amounts payable | 47/48 | €83 | €25,057 | +€24,975 | +30,273% |
| Accrued charges and deferred income | 492/3 | €283,236 | €228,367 | -€54,869 | -19.4% |
| Non-recurring operating income | 76A | €1,262 | €287 | -€975 | -77.3% |
| Remuneration, social security and pensions | 62 | €50,473 | €45,543 | -€4,930 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,676 | €15,767 | +€5,092 | +47.7% |
| Other operating charges | 640/8 | €953 | €50 | -€903 | -94.8% |
| Non-recurring operating charges | 66A | €1,560 | €6,283 | +€4,723 | +303% |
| Gross operating margin | 9900 | €21,589 | €48,447 | +€26,859 | +124% |
| Operating profit (loss) | 9901 | -€42,073 | -€19,197 | +€22,876 | +54.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €193 | €220 | +€27 | +14.2% |
| Recurring financial charges | 65 | €193 | €220 | +€27 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | -€42,264 | -€19,417 | +€22,848 | +54.1% |
| Profit (loss) for the period | 9904 | -€42,264 | -€19,417 | +€22,848 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,264 | -€19,417 | +€22,848 | +54.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.