HOUSEMASTER: 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.
HOUSEMASTER
Largest movements
- Tangible fixed assets -€60,950
down €60,950 (-11.0%), from €552,274 to €491,324
of which Land and buildings: -€59,887
- Cash -€36,344
down €36,344 (-83.0%), from €43,803 to €7,459
mainly Other debts (-€176,789) and Net result for the year (-€57,097)
- Other debts -€176,789
down €176,789 (-58.6%), from €301,730 to €124,941
- Debts after one year +€135,736
up €135,736 (+19.2%), from €708,348 to €844,084
of which Other amounts payable: +€150,000
- Profit (loss) carried forward -€57,097
down €57,097 (-13.2%), from -€433,182 to -€490,280
- Gross operating margin -€5,606
down €5,606 (-18.6%), from €30,077 to €24,471
- Other operating charges +€3,296
up €3,296 (+83.5%), from €3,949 to €7,245
- Depreciation -€1,280
down €1,280 (-2.1%), from €62,230 to €60,950
- Financial charges -€552
down €552 (-4.0%), from €13,925 to €13,373
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 | €635,157 | €538,764 | -€96,394 | -15.2% |
| Fixed assets | 21/28 | €552,274 | €491,324 | -€60,950 | -11.0% |
| Tangible fixed assets | 22/27 | €552,274 | €491,324 | -€60,950 | -11.0% |
| Land and buildings | 22 | €548,227 | €488,340 | -€59,887 | -10.9% |
| Plant, machinery and equipment | 23 | €25 | - | -€25 | |
| Furniture and vehicles | 24 | €4,022 | €2,984 | -€1,038 | -25.8% |
| Current assets | 29/58 | €82,883 | €47,440 | -€35,443 | -42.8% |
| Amounts receivable within one year | 40/41 | €15,048 | €16,993 | +€1,944 | +12.9% |
| Trade receivables | 40 | €4,840 | €1,000 | -€3,840 | -79.3% |
| Other amounts receivable | 41 | €10,208 | €15,993 | +€5,784 | +56.7% |
| Cash at bank and in hand | 54/58 | €43,803 | €7,459 | -€36,344 | -83.0% |
| Deferred charges and accrued income | 490/1 | €24,032 | €22,988 | -€1,044 | -4.3% |
| Total equity and liabilities | 10/49 | €635,157 | €538,764 | -€96,394 | -15.2% |
| Equity | 10/15 | -€403,644 | -€460,742 | -€57,097 | -14.1% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €10,538 | €10,538 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €8,638 | €8,638 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€433,182 | -€490,280 | -€57,097 | -13.2% |
| Amounts payable | 17/49 | €1,038,802 | €999,505 | -€39,296 | -3.8% |
| Amounts payable after more than one year | 17 | €708,348 | €844,084 | +€135,736 | +19.2% |
| Financial debts | 170/4 | €333,348 | €319,084 | -€14,264 | -4.3% |
| Other amounts payable | 178/9 | €375,000 | €525,000 | +€150,000 | +40.0% |
| Amounts payable within one year | 42/48 | €325,588 | €155,421 | -€170,167 | -52.3% |
| Financial debts | 43 | €13,716 | €14,264 | +€548 | +4.0% |
| Credit institutions | 430/8 | €13,716 | €14,264 | +€548 | +4.0% |
| Trade debts | 44 | €10,143 | €15,006 | +€4,864 | +48.0% |
| Suppliers | 440/4 | €10,143 | €15,006 | +€4,864 | +48.0% |
| Advances received on contracts in progress | 46 | - | €1,210 | +€1,210 | |
| Other amounts payable | 47/48 | €301,730 | €124,941 | -€176,789 | -58.6% |
| Accrued charges and deferred income | 492/3 | €4,866 | - | -€4,866 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,230 | €60,950 | -€1,280 | -2.1% |
| Other operating charges | 640/8 | €3,949 | €7,245 | +€3,296 | +83.5% |
| Gross operating margin | 9900 | €30,077 | €24,471 | -€5,606 | -18.6% |
| Operating profit (loss) | 9901 | -€36,101 | -€43,724 | -€7,623 | -21.1% |
| Financial charges | 65/66B | €13,925 | €13,373 | -€552 | -4.0% |
| Recurring financial charges | 65 | €13,925 | €13,373 | -€552 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€50,026 | -€57,097 | -€7,071 | -14.1% |
| Profit (loss) for the period | 9904 | -€50,026 | -€57,097 | -€7,071 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,026 | -€57,097 | -€7,071 | -14.1% |
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.