HOUSEXPERT: what changed
Two fiscal 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.
HOUSEXPERT
Largest movements
- Tangible fixed assets +€21,424
up €21,424 (+8.9%), from €240,542 to €261,966
of which Land and buildings: +€258,674
- Receivables within one year +€5,939
up €5,939 (+35.7%), from €16,647 to €22,585
of which Other amounts receivable: +€5,249
- Cash -€3,247
down €3,247 (-8.8%), from €36,811 to €33,564
mainly Investment in fixed assets (net) (-€75,560) and Contributions, distributions and other (-€60,000)
- Profit (loss) carried forward -€85,845
down €85,845 (-99.6%), from €86,184 to €339
- Other debts +€60,000
new in 2025: €60,000
- Debts after one year +€25,729
up €25,729 (+14.1%), from €182,888 to €208,617
- Current portion of long-term debt +€10,653
new in 2025: €10,653
- Trade debts +€10,312
up €10,312 (+143.1%), from €7,205 to €17,517
- Depreciation +€53,511
up €53,511 (+8560.1%), from €625 to €54,136
- Financial charges -€9,092
down €9,092 (-47.6%), from €19,110 to €10,018
of which Non-recurring financial charges: -€10,929
- Gross operating margin -€6,194
down €6,194 (-13.4%), from €46,257 to €40,064
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 | €295,204 | €319,658 | +€24,453 | +8.3% |
| Fixed assets | 21/28 | €241,192 | €262,616 | +€21,424 | +8.9% |
| Tangible fixed assets | 22/27 | €240,542 | €261,966 | +€21,424 | +8.9% |
| Land and buildings | 22 | - | €258,674 | +€258,674 | |
| Plant, machinery and equipment | 23 | €2,055 | €1,077 | -€977 | -47.6% |
| Furniture and vehicles | 24 | - | €2,215 | +€2,215 | |
| Assets under construction and advance payments | 27 | €238,487 | - | -€238,487 | |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €54,012 | €57,042 | +€3,029 | +5.6% |
| Amounts receivable within one year | 40/41 | €16,647 | €22,585 | +€5,939 | +35.7% |
| Trade receivables | 40 | €7,879 | €8,569 | +€690 | +8.8% |
| Other amounts receivable | 41 | €8,767 | €14,016 | +€5,249 | +59.9% |
| Cash at bank and in hand | 54/58 | €36,811 | €33,564 | -€3,247 | -8.8% |
| Deferred charges and accrued income | 490/1 | €555 | €892 | +€337 | +60.8% |
| Total equity and liabilities | 10/49 | €295,204 | €319,658 | +€24,453 | +8.3% |
| Equity | 10/15 | €89,184 | €3,339 | -€85,845 | -96.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,184 | €339 | -€85,845 | -99.6% |
| Amounts payable | 17/49 | €206,021 | €316,318 | +€110,298 | +53.5% |
| Amounts payable after more than one year | 17 | €182,888 | €208,617 | +€25,729 | +14.1% |
| Financial debts | 170/4 | €182,888 | €208,617 | +€25,729 | +14.1% |
| Amounts payable within one year | 42/48 | €23,133 | €107,701 | +€84,568 | +365.6% |
| Current portion of amounts payable after more than one year | 42 | - | €10,653 | +€10,653 | |
| Trade debts | 44 | €7,205 | €17,517 | +€10,312 | +143.1% |
| Suppliers | 440/4 | €7,205 | €17,517 | +€10,312 | +143.1% |
| Taxes, remuneration and social security | 45 | €15,928 | €19,531 | +€3,603 | +22.6% |
| Taxes | 450/3 | €15,360 | €18,964 | +€3,603 | +23.5% |
| Remuneration and social security | 454/9 | €568 | €568 | = | 0.0% |
| Other amounts payable | 47/48 | - | €60,000 | +€60,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €625 | €54,136 | +€53,511 | +8560.1% |
| Other operating charges | 640/8 | €2,113 | €2,088 | -€26 | -1.2% |
| Gross operating margin | 9900 | €46,257 | €40,064 | -€6,194 | -13.4% |
| Operating profit (loss) | 9901 | €43,519 | -€16,160 | -€59,679 | |
| Financial income | 75/76B | €181 | €334 | +€153 | +84.8% |
| Recurring financial income | 75 | €181 | €334 | +€153 | +84.8% |
| Financial charges | 65/66B | €19,110 | €10,018 | -€9,092 | -47.6% |
| Recurring financial charges | 65 | €8,182 | €10,018 | +€1,837 | +22.4% |
| Non-recurring financial charges | 66B | €10,929 | - | -€10,929 | |
| Profit (loss) for the period before taxes | 9903 | €24,589 | -€25,845 | -€50,434 | |
| Income taxes | 67/77 | - | -€0 | -€0 | |
| Profit (loss) for the period | 9904 | €24,589 | -€25,845 | -€50,433 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,589 | -€25,845 | -€50,433 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.