HOUNATEX: 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.
HOUNATEX
Largest movements
- Stocks and contracts -€4,166
down €4,166 (-12.3%), from €33,907 to €29,741
- Cash +€991
up €991 (+75.3%), from €1,315 to €2,306
mainly Stocks and contracts (+€4,166) and Accrued charges and deferred income (+€2,500)
- Trade debts -€4,021
down €4,021 (-27.0%), from €14,880 to €10,858
- Debts after one year -€3,495
down €3,495 (-32.0%), from €10,931 to €7,437
- Accrued charges and deferred income +€2,500
new in 2025: €2,500
- Profit (loss) carried forward +€1,072
up €1,072 (+22.0%), from -€4,864 to -€3,792
- Tax, wage and social debts +€769
up €769 (+28.2%), from €2,725 to €3,494
of which Taxes: +€1,569
- Gross operating margin -€6,422
down €6,422 (-77.1%), from €8,327 to €1,905
- Taxes +€204
new in 2025: €204
- Financial charges +€84
up €84 (+51.4%), from €163 to €247
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 | €42,672 | €39,497 | -€3,175 | -7.4% |
| Fixed assets | 21/28 | €7,450 | €7,450 | = | 0.0% |
| Financial fixed assets | 28 | €7,450 | €7,450 | = | 0.0% |
| Current assets | 29/58 | €35,222 | €32,047 | -€3,175 | -9.0% |
| Stocks and contracts in progress | 3 | €33,907 | €29,741 | -€4,166 | -12.3% |
| Stocks | 30/36 | €33,907 | €29,741 | -€4,166 | -12.3% |
| Cash at bank and in hand | 54/58 | €1,315 | €2,306 | +€991 | +75.3% |
| Total equity and liabilities | 10/49 | €42,672 | €39,497 | -€3,175 | -7.4% |
| Equity | 10/15 | €14,136 | €15,208 | +€1,072 | +7.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,864 | -€3,792 | +€1,072 | +22.0% |
| Amounts payable | 17/49 | €28,536 | €24,289 | -€4,247 | -14.9% |
| Amounts payable after more than one year | 17 | €10,931 | €7,437 | -€3,495 | -32.0% |
| Other amounts payable | 178/9 | €10,931 | €7,437 | -€3,495 | -32.0% |
| Amounts payable within one year | 42/48 | €17,605 | €14,352 | -€3,252 | -18.5% |
| Trade debts | 44 | €14,880 | €10,858 | -€4,021 | -27.0% |
| Suppliers | 440/4 | €14,880 | €10,858 | -€4,021 | -27.0% |
| Taxes, remuneration and social security | 45 | €2,725 | €3,494 | +€769 | +28.2% |
| Taxes | 450/3 | €1,125 | €2,694 | +€1,569 | +139% |
| Remuneration and social security | 454/9 | €1,600 | €800 | -€800 | -50.0% |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Non-recurring operating income | 76A | €680 | - | -€680 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €8,327 | €1,905 | -€6,422 | -77.1% |
| Operating profit (loss) | 9901 | €7,940 | €1,505 | -€6,434 | -81.0% |
| Financial income | 75/76B | €1 | €17 | +€16 | +1,568% |
| Recurring financial income | 75 | €1 | €17 | +€16 | +1,568% |
| Financial charges | 65/66B | €163 | €247 | +€84 | +51.4% |
| Recurring financial charges | 65 | €163 | €247 | +€84 | +51.4% |
| Profit (loss) for the period before taxes | 9903 | €7,777 | €1,275 | -€6,502 | -83.6% |
| Income taxes | 67/77 | - | €204 | +€204 | |
| Profit (loss) for the period | 9904 | €7,777 | €1,072 | -€6,706 | -86.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,777 | €1,072 | -€6,706 | -86.2% |
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 14 October 2026 via checked.be.