Housing 2030: 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.
Housing 2030
Largest movements
- Receivables after one year +€647,590
up €647,590 (+160%), from €405,431 to €1.1m
- Receivables within one year +€461,993
up €461,993 (+1,971%), from €23,436 to €485,430
of which Trade receivables: +€461,993
- Cash -€100,120
down €100,120 (-8.8%), from €1.1m to €1.0m
mainly Receivables after one year (-€647,590) and Receivables within one year (-€461,993)
- Short-term financial debts +€821,714
up €821,714 (+100.0%), from €821,818 to €1.6m
- Debts after one year +€237,153
up €237,153 (+9.8%), from €2.4m to €2.7m
- Trade debts -€112,151
down €112,151 (-41.8%), from €268,000 to €155,849
- Tax, wage and social debts +€69,390
up €69,390 (+256%), from €27,102 to €96,492
of which Taxes: +€68,647
- Gross operating margin -€347,199
down €347,199 (-50.6%), from €685,834 to €338,635
- Financial charges +€20,396
up €20,396 (+15.9%), from €128,628 to €149,024
- Other operating charges +€17,517
up €17,517 (+783%), from €2,236 to €19,753
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,327,757 | €4,373,520 | +€1.0m | +31.4% |
| Fixed assets | 21/28 | €101,378 | €94,821 | -€6,557 | -6.5% |
| Tangible fixed assets | 22/27 | €20,561 | €14,004 | -€6,557 | -31.9% |
| Plant, machinery and equipment | 23 | €251 | - | -€251 | |
| Furniture and vehicles | 24 | €10,858 | €5,993 | -€4,865 | -44.8% |
| Other tangible fixed assets | 26 | €9,452 | €8,010 | -€1,442 | -15.3% |
| Financial fixed assets | 28 | €80,817 | €80,817 | = | 0.0% |
| Current assets | 29/58 | €3,226,379 | €4,278,700 | +€1.1m | +32.6% |
| Amounts receivable after more than one year | 29 | €405,431 | €1,053,021 | +€647,590 | +160% |
| Other amounts receivable | 291 | €405,431 | €1,053,021 | +€647,590 | +160% |
| Stocks and contracts in progress | 3 | €1,612,887 | €1,645,392 | +€32,505 | +2.0% |
| Stocks | 30/36 | €1,612,887 | €1,645,392 | +€32,505 | +2.0% |
| Amounts receivable within one year | 40/41 | €23,436 | €485,430 | +€461,993 | +1,971% |
| Trade receivables | 40 | €8,335 | €470,329 | +€461,993 | +5,543% |
| Other amounts receivable | 41 | €15,101 | €15,101 | = | 0.0% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,132,855 | €1,032,736 | -€100,120 | -8.8% |
| Deferred charges and accrued income | 490/1 | €51,520 | €61,872 | +€10,352 | +20.1% |
| Total equity and liabilities | 10/49 | €3,327,757 | €4,373,520 | +€1.0m | +31.4% |
| Equity | 10/15 | -€331,986 | -€327,293 | +€4,692 | +1.4% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €77 | €77 | = | 0.0% |
| Distributable reserves | 133 | €77 | €77 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€400,662 | -€395,970 | +€4,692 | +1.2% |
| Amounts payable | 17/49 | €3,659,742 | €4,700,813 | +€1.0m | +28.4% |
| Amounts payable after more than one year | 17 | €2,413,331 | €2,650,484 | +€237,153 | +9.8% |
| Financial debts | 170/4 | €2,413,331 | €2,650,484 | +€237,153 | +9.8% |
| Amounts payable within one year | 42/48 | €1,246,412 | €2,037,270 | +€790,859 | +63.5% |
| Current portion of amounts payable after more than one year | 42 | €26,891 | €18,558 | -€8,334 | -31.0% |
| Financial debts | 43 | €821,818 | €1,643,532 | +€821,714 | +100.0% |
| Credit institutions | 430/8 | €821,818 | €1,643,532 | +€821,714 | +100.0% |
| Trade debts | 44 | €268,000 | €155,849 | -€112,151 | -41.8% |
| Suppliers | 440/4 | €268,000 | €155,849 | -€112,151 | -41.8% |
| Advances received on contracts in progress | 46 | €102,500 | €92,536 | -€9,964 | -9.7% |
| Taxes, remuneration and social security | 45 | €27,102 | €96,492 | +€69,390 | +256% |
| Taxes | 450/3 | €7,364 | €76,011 | +€68,647 | +932% |
| Remuneration and social security | 454/9 | €19,738 | €20,481 | +€743 | +3.8% |
| Other amounts payable | 47/48 | €100 | €30,304 | +€30,204 | +30,204% |
| Accrued charges and deferred income | 492/3 | - | €13,059 | +€13,059 | |
| Non-recurring operating income | 76A | €3,044 | - | -€3,044 | |
| Remuneration, social security and pensions | 62 | €162,214 | €168,478 | +€6,263 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,660 | €6,557 | -€3,102 | -32.1% |
| Other operating charges | 640/8 | €2,236 | €19,753 | +€17,517 | +783% |
| Gross operating margin | 9900 | €685,834 | €338,635 | -€347,199 | -50.6% |
| Operating profit (loss) | 9901 | €511,724 | €143,847 | -€367,877 | -71.9% |
| Financial income | 75/76B | €10,012 | €10,541 | +€530 | +5.3% |
| Recurring financial income | 75 | €10,012 | €10,541 | +€530 | +5.3% |
| Financial charges | 65/66B | €128,628 | €149,024 | +€20,396 | +15.9% |
| Recurring financial charges | 65 | €128,628 | €149,024 | +€20,396 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €393,108 | €5,365 | -€387,743 | -98.6% |
| Income taxes | 67/77 | €431 | €673 | +€242 | +56.0% |
| Profit (loss) for the period | 9904 | €392,677 | €4,692 | -€387,984 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €392,677 | €4,692 | -€387,984 | -98.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.