HOUSSEM HATTAB: 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.
HOUSSEM HATTAB
Largest movements
- Receivables within one year +€40,523
up €40,523 (+79.6%), from €50,908 to €91,432
- Deferred charges and accrued income +€28,094
up €28,094 (+93.8%), from €29,942 to €58,036
- Cash +€17,006
up €17,006 (+23.1%), from €73,728 to €90,734
mainly Net result for the year (+€88,062) and Depreciation (+€981)
- Profit (loss) carried forward +€88,062
up €88,062 (+56.5%), from €155,879 to €243,942
- Gross operating margin -€94,814
down €94,814 (-45.1%), from €210,308 to €115,495
- Taxes -€23,407
down €23,407 (-49.8%), from €47,000 to €23,593
- Depreciation -€2,760
down €2,760 (-73.8%), from €3,741 to €981
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 | €157,810 | €243,968 | +€86,158 | +54.6% |
| Fixed assets | 21/28 | €3,231 | €3,767 | +€535 | +16.6% |
| Tangible fixed assets | 22/27 | €3,231 | €3,417 | +€185 | +5.7% |
| Plant, machinery and equipment | 23 | €1,834 | €1,376 | -€459 | -25.0% |
| Furniture and vehicles | 24 | €1,397 | €2,041 | +€644 | +46.1% |
| Financial fixed assets | 28 | - | €350 | +€350 | |
| Current assets | 29/58 | €154,579 | €240,202 | +€85,623 | +55.4% |
| Amounts receivable within one year | 40/41 | €50,908 | €91,432 | +€40,523 | +79.6% |
| Other amounts receivable | 41 | €50,908 | €91,432 | +€40,523 | +79.6% |
| Cash at bank and in hand | 54/58 | €73,728 | €90,734 | +€17,006 | +23.1% |
| Deferred charges and accrued income | 490/1 | €29,942 | €58,036 | +€28,094 | +93.8% |
| Total equity and liabilities | 10/49 | €157,810 | €243,968 | +€86,158 | +54.6% |
| Equity | 10/15 | €155,880 | €243,943 | +€88,062 | +56.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,879 | €243,942 | +€88,062 | +56.5% |
| Amounts payable | 17/49 | €1,930 | €26 | -€1,904 | -98.7% |
| Amounts payable within one year | 42/48 | €1,930 | €26 | -€1,904 | -98.7% |
| Trade debts | 44 | €1,930 | €26 | -€1,904 | -98.7% |
| Suppliers | 440/4 | €1,930 | €26 | -€1,904 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,741 | €981 | -€2,760 | -73.8% |
| Other operating charges | 640/8 | €4,937 | €4,104 | -€834 | -16.9% |
| Gross operating margin | 9900 | €210,308 | €115,495 | -€94,814 | -45.1% |
| Operating profit (loss) | 9901 | €201,630 | €110,410 | -€91,220 | -45.2% |
| Financial income | 75/76B | €1,468 | €3,337 | +€1,869 | +127% |
| Recurring financial income | 75 | €1,468 | €3,337 | +€1,869 | +127% |
| Financial charges | 65/66B | €218 | €2,092 | +€1,873 | +858% |
| Recurring financial charges | 65 | €218 | €2,092 | +€1,873 | +858% |
| Profit (loss) for the period before taxes | 9903 | €202,879 | €111,655 | -€91,224 | -45.0% |
| Income taxes | 67/77 | €47,000 | €23,593 | -€23,407 | -49.8% |
| Profit (loss) for the period | 9904 | €155,879 | €88,062 | -€67,817 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €155,879 | €88,062 | -€67,817 | -43.5% |
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 15 October 2026 via checked.be.