HOUSE PROTECT: 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 PROTECT
Largest movements
- Tangible fixed assets +€31,484
up €31,484 (+51.7%), from €60,866 to €92,350
of which Furniture and vehicles: +€37,256
- Cash +€11,557
up €11,557 (+365%), from €3,170 to €14,727
mainly Net result for the year (+€53,719) and Debts after one year (+€27,700)
- Stocks and contracts +€10,672
up €10,672 (+29.8%), from €35,860 to €46,532
- Receivables within one year -€2,758
down €2,758 (-2.8%), from €99,156 to €96,398
of which Trade receivables: -€17,870
- Reserves +€52,886
up €52,886 (+109%), from €48,435 to €101,321
of which Distributable reserves: +€52,886
- Trade debts -€31,668
down €31,668 (-39.4%), from €80,327 to €48,659
- Debts after one year +€27,700
up €27,700 (+147%), from €18,872 to €46,572
- Short-term financial debts -€8,830
no longer reported in 2025 (was €8,830)
- Current portion of long-term debt +€7,027
up €7,027 (+90.0%), from €7,811 to €14,839
- Gross operating margin +€50,334
up €50,334 (+22.0%), from €228,515 to €278,848
- Taxes +€10,519
up €10,519 (+82.6%), from €12,729 to €23,248
- Depreciation +€7,545
up €7,545 (+58.0%), from €13,002 to €20,547
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 | €203,707 | €253,974 | +€50,267 | +24.7% |
| Fixed assets | 21/28 | €60,937 | €92,421 | +€31,484 | +51.7% |
| Tangible fixed assets | 22/27 | €60,866 | €92,350 | +€31,484 | +51.7% |
| Plant, machinery and equipment | 23 | €8,507 | €7,550 | -€957 | -11.3% |
| Furniture and vehicles | 24 | €20,809 | €58,066 | +€37,256 | +179% |
| Other tangible fixed assets | 26 | €31,549 | €26,734 | -€4,815 | -15.3% |
| Financial fixed assets | 28 | €71 | €71 | = | 0.0% |
| Current assets | 29/58 | €142,770 | €161,553 | +€18,783 | +13.2% |
| Stocks and contracts in progress | 3 | €35,860 | €46,532 | +€10,672 | +29.8% |
| Stocks | 30/36 | €35,860 | €46,532 | +€10,672 | +29.8% |
| Amounts receivable within one year | 40/41 | €99,156 | €96,398 | -€2,758 | -2.8% |
| Trade receivables | 40 | €78,362 | €60,492 | -€17,870 | -22.8% |
| Other amounts receivable | 41 | €20,793 | €35,906 | +€15,113 | +72.7% |
| Cash at bank and in hand | 54/58 | €3,170 | €14,727 | +€11,557 | +365% |
| Deferred charges and accrued income | 490/1 | €4,585 | €3,896 | -€689 | -15.0% |
| Total equity and liabilities | 10/49 | €203,707 | €253,974 | +€50,267 | +24.7% |
| Equity | 10/15 | €67,035 | €119,921 | +€52,886 | +78.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,435 | €101,321 | +€52,886 | +109% |
| 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 | €46,575 | €99,461 | +€52,886 | +114% |
| Amounts payable | 17/49 | €136,672 | €134,053 | -€2,619 | -1.9% |
| Amounts payable after more than one year | 17 | €18,872 | €46,572 | +€27,700 | +147% |
| Financial debts | 170/4 | €18,872 | €46,572 | +€27,700 | +147% |
| Amounts payable within one year | 42/48 | €117,800 | €87,481 | -€30,319 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €7,811 | €14,839 | +€7,027 | +90.0% |
| Financial debts | 43 | €8,830 | - | -€8,830 | |
| Credit institutions | 430/8 | €8,830 | - | -€8,830 | |
| Trade debts | 44 | €80,327 | €48,659 | -€31,668 | -39.4% |
| Suppliers | 440/4 | €80,327 | €48,659 | -€31,668 | -39.4% |
| Advances received on contracts in progress | 46 | - | €1,452 | +€1,452 | |
| Taxes, remuneration and social security | 45 | €15,607 | €21,327 | +€5,720 | +36.6% |
| Taxes | 450/3 | €1,346 | €8,498 | +€7,152 | +532% |
| Remuneration and social security | 454/9 | €14,262 | €12,829 | -€1,433 | -10.0% |
| Other amounts payable | 47/48 | €5,224 | €1,204 | -€4,020 | -76.9% |
| Non-recurring operating income | 76A | €21,054 | €17,504 | -€3,549 | -16.9% |
| Remuneration, social security and pensions | 62 | €172,752 | €170,065 | -€2,687 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,002 | €20,547 | +€7,545 | +58.0% |
| Other operating charges | 640/8 | €3,339 | €2,539 | -€800 | -23.9% |
| Non-recurring operating charges | 66A | - | €4,481 | +€4,481 | |
| Gross operating margin | 9900 | €228,515 | €278,848 | +€50,334 | +22.0% |
| Operating profit (loss) | 9901 | €39,422 | €81,216 | +€41,795 | +106% |
| Financial income | 75/76B | €54 | €295 | +€241 | +442% |
| Recurring financial income | 75 | €54 | €295 | +€241 | +442% |
| Financial charges | 65/66B | €4,264 | €4,544 | +€280 | +6.6% |
| Recurring financial charges | 65 | €4,264 | €4,544 | +€280 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €35,212 | €76,967 | +€41,755 | +119% |
| Income taxes | 67/77 | €12,729 | €23,248 | +€10,519 | +82.6% |
| Profit (loss) for the period | 9904 | €22,483 | €53,719 | +€31,236 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €22,483 | €53,719 | +€31,236 | +139% |
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 26 October 2026 via checked.be.