HOUSING 58: 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 58
Largest movements
- Tangible fixed assets -€74,831
down €74,831 (-5.5%), from €1.4m to €1.3m
of which Land and buildings: -€61,772
- Deferred charges and accrued income +€46,200
new in 2024: €46,200
- Debts after one year +€820,156
up €820,156 (+151%), from €542,284 to €1.4m
of which Other amounts payable: +€900,000
- Short-term financial debts -€739,836
down €739,836 (-90.8%), from €814,805 to €74,969
of which Other loans: -€806,272
- Other debts -€67,031
down €67,031 (-46.8%), from €143,246 to €76,215
- Profit (loss) carried forward -€46,375
down €46,375 (-19.1%), from -€243,231 to -€289,606
- Turnover -€65,100
no longer reported in 2024 (was €65,100)
- Gross operating margin -€18,176
down €18,176 (-28.8%), from €63,102 to €44,925
- Other operating charges +€3,118
new in 2024: €3,118
- Purchases and services -€1,998
no longer reported in 2024 (was €1,998)
- Financial charges +€1,912
up €1,912 (+16.7%), from €11,439 to €13,351
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,354,360 | €1,325,728 | -€28,631 | -2.1% |
| Fixed assets | 21/28 | €1,354,219 | €1,279,388 | -€74,831 | -5.5% |
| Tangible fixed assets | 22/27 | €1,354,219 | €1,279,388 | -€74,831 | -5.5% |
| Land and buildings | 22 | €1,340,271 | €1,278,499 | -€61,772 | -4.6% |
| Plant, machinery and equipment | 23 | €12,208 | €0 | -€12,208 | -100% |
| Furniture and vehicles | 24 | €1,740 | €889 | -€851 | -48.9% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Current assets | 29/58 | €140 | €46,340 | +€46,200 | +32,915% |
| Cash at bank and in hand | 54/58 | €140 | €140 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €46,200 | +€46,200 | |
| Total equity and liabilities | 10/49 | €1,354,360 | €1,325,728 | -€28,631 | -2.1% |
| Equity | 10/15 | -€224,631 | -€271,006 | -€46,375 | -20.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€243,231 | -€289,606 | -€46,375 | -19.1% |
| Amounts payable | 17/49 | €1,578,991 | €1,596,735 | +€17,744 | +1.1% |
| Amounts payable after more than one year | 17 | €542,284 | €1,362,440 | +€820,156 | +151% |
| Financial debts | 170/4 | €542,284 | €462,440 | -€79,844 | -14.7% |
| Other amounts payable | 178/9 | - | €900,000 | +€900,000 | |
| Amounts payable within one year | 42/48 | €1,036,707 | €234,295 | -€802,412 | -77.4% |
| Current portion of amounts payable after more than one year | 42 | €78,656 | €79,844 | +€1,188 | +1.5% |
| Financial debts | 43 | €814,805 | €74,969 | -€739,836 | -90.8% |
| Credit institutions | 430/8 | €8,533 | €74,969 | +€66,436 | +779% |
| Other loans | 439 | €806,272 | - | -€806,272 | |
| Trade debts | 44 | - | €3,267 | +€3,267 | |
| Suppliers | 440/4 | - | €3,267 | +€3,267 | |
| Other amounts payable | 47/48 | €143,246 | €76,215 | -€67,031 | -46.8% |
| Turnover | 70 | €65,100 | - | -€65,100 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,998 | - | -€1,998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,487 | €74,831 | -€656 | -0.9% |
| Other operating charges | 640/8 | - | €3,118 | +€3,118 | |
| Gross operating margin | 9900 | €63,102 | €44,925 | -€18,176 | -28.8% |
| Operating profit (loss) | 9901 | -€12,386 | -€33,024 | -€20,638 | -167% |
| Financial charges | 65/66B | €11,439 | €13,351 | +€1,912 | +16.7% |
| Recurring financial charges | 65 | €11,439 | €13,351 | +€1,912 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,825 | -€46,375 | -€22,550 | -94.7% |
| Profit (loss) for the period | 9904 | -€23,825 | -€46,375 | -€22,550 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,825 | -€46,375 | -€22,550 | -94.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.