HOUSE LIFTING: 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.
HOUSE LIFTING
Largest movements
- Current investments +€435,985
up €435,985 (+123%), from €353,930 to €789,915
- Intangible fixed assets -€420,853
no longer reported in 2025 (was €420,853)
- Deferred charges and accrued income +€99,672
up €99,672 (+3,076%), from €3,240 to €102,912
- Receivables within one year +€17,879
up €17,879 (+70.0%), from €25,526 to €43,405
of which Trade receivables: +€13,517
- Cash -€15,461
down €15,461 (-6.3%), from €244,770 to €229,309
mainly Current investments (-€435,985) and Deferred charges and accrued income (-€99,672)
- Profit (loss) carried forward +€89,201
up €89,201 (+53.8%), from €165,914 to €255,115
- Tax, wage and social debts +€20,234
up €20,234 (+29.9%), from €67,711 to €87,945
of which Taxes: +€20,353
- Taxes -€59,151
down €59,151 (-67.3%), from €87,892 to €28,741
- Gross operating margin -€30,924
down €30,924 (-20.2%), from €153,176 to €122,252
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 | €1,050,672 | €1,166,024 | +€115,352 | +11.0% |
| Fixed assets | 21/28 | €423,206 | €483 | -€422,723 | -99.9% |
| Intangible fixed assets | 21 | €420,853 | - | -€420,853 | |
| Tangible fixed assets | 22/27 | €2,309 | €439 | -€1,870 | -81.0% |
| Furniture and vehicles | 24 | €2,309 | €439 | -€1,870 | -81.0% |
| Financial fixed assets | 28 | €44 | €44 | = | 0.0% |
| Current assets | 29/58 | €627,466 | €1,165,541 | +€538,075 | +85.8% |
| Amounts receivable within one year | 40/41 | €25,526 | €43,405 | +€17,879 | +70.0% |
| Trade receivables | 40 | €5,929 | €19,446 | +€13,517 | +228% |
| Other amounts receivable | 41 | €19,597 | €23,959 | +€4,362 | +22.3% |
| Current investments | 50/53 | €353,930 | €789,915 | +€435,985 | +123% |
| Cash at bank and in hand | 54/58 | €244,770 | €229,309 | -€15,461 | -6.3% |
| Deferred charges and accrued income | 490/1 | €3,240 | €102,912 | +€99,672 | +3,076% |
| Total equity and liabilities | 10/49 | €1,050,672 | €1,166,024 | +€115,352 | +11.0% |
| Equity | 10/15 | €785,074 | €874,275 | +€89,201 | +11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €600,560 | €600,560 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €598,700 | €598,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165,914 | €255,115 | +€89,201 | +53.8% |
| Amounts payable | 17/49 | €265,598 | €291,749 | +€26,151 | +9.8% |
| Amounts payable within one year | 42/48 | €265,598 | €291,749 | +€26,151 | +9.8% |
| Trade debts | 44 | €109,702 | €115,108 | +€5,406 | +4.9% |
| Suppliers | 440/4 | €109,702 | €115,108 | +€5,406 | +4.9% |
| Advances received on contracts in progress | 46 | €86,905 | €86,905 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €67,711 | €87,945 | +€20,234 | +29.9% |
| Taxes | 450/3 | €66,092 | €86,445 | +€20,353 | +30.8% |
| Remuneration and social security | 454/9 | €1,619 | €1,500 | -€119 | -7.4% |
| Other amounts payable | 47/48 | €1,280 | €1,791 | +€511 | +39.9% |
| Non-recurring operating income | 76A | €69,086 | €11,499 | -€57,587 | -83.4% |
| Remuneration, social security and pensions | 62 | €8,752 | €7,290 | -€1,462 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,246 | €1,870 | +€624 | +50.1% |
| Other operating charges | 640/8 | €2,402 | €2,830 | +€428 | +17.8% |
| Gross operating margin | 9900 | €153,176 | €122,252 | -€30,924 | -20.2% |
| Operating profit (loss) | 9901 | €140,776 | €110,262 | -€30,514 | -21.7% |
| Financial income | 75/76B | €8,206 | €8,722 | +€516 | +6.3% |
| Recurring financial income | 75 | €8,206 | €8,722 | +€516 | +6.3% |
| Financial charges | 65/66B | €1,585 | €1,042 | -€543 | -34.3% |
| Recurring financial charges | 65 | €1,585 | €1,042 | -€543 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €147,397 | €117,942 | -€29,455 | -20.0% |
| Income taxes | 67/77 | €87,892 | €28,741 | -€59,151 | -67.3% |
| Profit (loss) for the period | 9904 | €59,505 | €89,201 | +€29,696 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,505 | €89,201 | +€29,696 | +49.9% |
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 17 October 2026 via checked.be.