HOUSTON: 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.
HOUSTON
Largest movements
- Tangible fixed assets -€1,583
down €1,583 (-1.7%), from €91,961 to €90,378
- Cash -€1,224
down €1,224 (-96.5%), from €1,269 to €45
mainly Debts after one year (-€1,750) and Net result for the year (-€1,510)
- Debts after one year -€1,750
down €1,750 (-34.5%), from €5,072 to €3,322
- Reserves -€1,510
down €1,510 (-7.2%), from €20,936 to €19,425
of which Distributable reserves: -€1,510
- Depreciation -€1,853
down €1,853 (-53.9%), from €3,436 to €1,583
- Gross operating margin -€1,693
down €1,693 (-45.3%), from €3,733 to €2,041
- Other operating charges +€200
up €200 (+12.4%), from €1,615 to €1,815
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 | €102,207 | €98,936 | -€3,271 | -3.2% |
| Fixed assets | 21/28 | €91,961 | €90,378 | -€1,583 | -1.7% |
| Tangible fixed assets | 22/27 | €91,961 | €90,378 | -€1,583 | -1.7% |
| Land and buildings | 22 | €91,961 | €90,378 | -€1,583 | -1.7% |
| Current assets | 29/58 | €10,246 | €8,558 | -€1,688 | -16.5% |
| Amounts receivable within one year | 40/41 | €8,190 | €7,690 | -€500 | -6.1% |
| Trade receivables | 40 | €8,190 | €7,690 | -€500 | -6.1% |
| Cash at bank and in hand | 54/58 | €1,269 | €45 | -€1,224 | -96.5% |
| Deferred charges and accrued income | 490/1 | €787 | €824 | +€37 | +4.7% |
| Total equity and liabilities | 10/49 | €102,207 | €98,936 | -€3,271 | -3.2% |
| Equity | 10/15 | €95,304 | €93,793 | -€1,510 | -1.6% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €20,936 | €19,425 | -€1,510 | -7.2% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €13,499 | €11,989 | -€1,510 | -11.2% |
| Amounts payable | 17/49 | €6,903 | €5,143 | -€1,761 | -25.5% |
| Amounts payable after more than one year | 17 | €5,072 | €3,322 | -€1,750 | -34.5% |
| Other amounts payable | 178/9 | €5,072 | €3,322 | -€1,750 | -34.5% |
| Amounts payable within one year | 42/48 | €1,831 | €1,821 | -€11 | -0.6% |
| Trade debts | 44 | €1,831 | €1,821 | -€11 | -0.6% |
| Suppliers | 440/4 | €1,831 | €1,821 | -€11 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,436 | €1,583 | -€1,853 | -53.9% |
| Other operating charges | 640/8 | €1,615 | €1,815 | +€200 | +12.4% |
| Gross operating margin | 9900 | €3,733 | €2,041 | -€1,693 | -45.3% |
| Operating profit (loss) | 9901 | -€1,318 | -€1,357 | -€39 | -3.0% |
| Financial charges | 65/66B | €153 | €153 | -€0 | 0.0% |
| Recurring financial charges | 65 | €153 | €153 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,471 | -€1,510 | -€39 | -2.7% |
| Profit (loss) for the period | 9904 | -€1,471 | -€1,510 | -€39 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,471 | -€1,510 | -€39 | -2.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.