HOUS GROUP: 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.
HOUS GROUP
Largest movements
- Receivables within one year -€1.1m
down €1.1m (-56.9%), from €1.9m to €825,352
of which Trade receivables: -€936,073
- Stocks and contracts -€325,974
down €325,974 (-43.6%), from €747,484 to €421,510
of which Contracts in progress: -€237,318
- Receivables after one year -€240,729
no longer reported in 2025 (was €240,729)
- Trade debts -€877,394
down €877,394 (-28.1%), from €3.1m to €2.2m
- Profit (loss) carried forward -€731,995
down €731,995 (-488.2%), from -€149,932 to -€881,927
- Debts after one year -€61,804
down €61,804 (-10.0%), from €617,152 to €555,348
- Current portion of long-term debt -€38,624
down €38,624 (-85.8%), from €45,018 to €6,394
- Gross operating margin -€501,892
down €501,892, from €81,438 to -€420,454
- Other operating charges +€84,257
up €84,257 (+307.7%), from €27,381 to €111,638
- Financial charges -€49,977
down €49,977 (-70.7%), from €70,666 to €20,689
- Staff costs -€44,222
down €44,222 (-23.3%), from €189,391 to €145,169
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.
Cash bridge derived
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 | €3,672,809 | €1,962,118 | -€1.7m | -46.6% |
| Fixed assets | 21/28 | €702,029 | €668,414 | -€33,614 | -4.8% |
| Tangible fixed assets | 22/27 | €702,029 | €668,414 | -€33,614 | -4.8% |
| Land and buildings | 22 | €537,803 | €528,320 | -€9,483 | -1.8% |
| Plant, machinery and equipment | 23 | €1,198 | €710 | -€488 | -40.7% |
| Furniture and vehicles | 24 | €37,428 | €29,485 | -€7,944 | -21.2% |
| Other tangible fixed assets | 26 | €125,600 | €109,900 | -€15,700 | -12.5% |
| Current assets | 29/58 | €2,970,780 | €1,293,704 | -€1.7m | -56.5% |
| Amounts receivable after more than one year | 29 | €240,729 | - | -€240,729 | |
| Other amounts receivable | 291 | €240,729 | - | -€240,729 | |
| Stocks and contracts in progress | 3 | €747,484 | €421,510 | -€325,974 | -43.6% |
| Stocks | 30/36 | €392,656 | €304,000 | -€88,656 | -22.6% |
| Contracts in progress | 37 | €354,828 | €117,510 | -€237,318 | -66.9% |
| Amounts receivable within one year | 40/41 | €1,916,337 | €825,352 | -€1.1m | -56.9% |
| Trade receivables | 40 | €1,690,824 | €754,751 | -€936,073 | -55.4% |
| Other amounts receivable | 41 | €225,513 | €70,601 | -€154,911 | -68.7% |
| Cash at bank and in hand | 54/58 | €188 | €67 | -€121 | -64.5% |
| Deferred charges and accrued income | 490/1 | €66,043 | €46,775 | -€19,268 | -29.2% |
| Total equity and liabilities | 10/49 | €3,672,809 | €1,962,118 | -€1.7m | -46.6% |
| Equity | 10/15 | -€139,766 | -€871,761 | -€731,995 | -523.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €166 | €166 | = | 0.0% |
| Non-distributable reserves | 130/1 | €166 | €166 | = | 0.0% |
| Reserves not available under the articles | 1311 | €166 | €166 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,932 | -€881,927 | -€731,995 | -488.2% |
| Amounts payable | 17/49 | €3,812,575 | €2,833,879 | -€978,696 | -25.7% |
| Amounts payable after more than one year | 17 | €617,152 | €555,348 | -€61,804 | -10.0% |
| Financial debts | 170/4 | €617,152 | €555,348 | -€61,804 | -10.0% |
| Amounts payable within one year | 42/48 | €3,195,423 | €2,278,531 | -€916,892 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €45,018 | €6,394 | -€38,624 | -85.8% |
| Financial debts | 43 | - | €3,123 | +€3,123 | |
| Credit institutions | 430/8 | - | €3,123 | +€3,123 | |
| Trade debts | 44 | €3,117,555 | €2,240,162 | -€877,394 | -28.1% |
| Suppliers | 440/4 | €3,117,555 | €2,240,162 | -€877,394 | -28.1% |
| Advances received on contracts in progress | 46 | - | €363 | +€363 | |
| Taxes, remuneration and social security | 45 | €32,849 | €28,490 | -€4,360 | -13.3% |
| Taxes | 450/3 | €6,240 | €2,424 | -€3,816 | -61.2% |
| Remuneration and social security | 454/9 | €26,609 | €26,065 | -€544 | -2.0% |
| Remuneration, social security and pensions | 62 | €189,391 | €145,169 | -€44,222 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,425 | €33,614 | -€2,810 | -7.7% |
| Other operating charges | 640/8 | €27,381 | €111,638 | +€84,257 | +307.7% |
| Gross operating margin | 9900 | €81,438 | -€420,454 | -€501,892 | |
| Operating profit (loss) | 9901 | -€171,759 | -€710,875 | -€539,117 | -313.9% |
| Financial income | 75/76B | €1,184 | €2 | -€1,182 | -99.8% |
| Recurring financial income | 75 | €1,184 | €2 | -€1,182 | -99.8% |
| Financial charges | 65/66B | €70,666 | €20,689 | -€49,977 | -70.7% |
| Recurring financial charges | 65 | €70,666 | €20,689 | -€49,977 | -70.7% |
| Profit (loss) for the period before taxes | 9903 | -€241,240 | -€731,562 | -€490,322 | -203.3% |
| Income taxes | 67/77 | €1,383 | €433 | -€950 | -68.7% |
| Profit (loss) for the period | 9904 | -€242,623 | -€731,995 | -€489,372 | -201.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€242,623 | -€731,995 | -€489,372 | -201.7% |
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 12 October 2026 via checked.be.