HOUTACKERS DEVELOPMENT: 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.
HOUTACKERS DEVELOPMENT
Largest movements
- Cash +€194,561
up €194,561 (+154.6%), from €125,838 to €320,399
mainly Net result for the year (+€307,380) and Depreciation (+€117,605)
- Receivables within one year -€26,143
down €26,143 (-21.1%), from €123,718 to €97,576
of which Trade receivables: -€26,143
- Reserves +€307,380
up €307,380 (+134.4%), from €228,677 to €536,057
- Other debts -€84,401
down €84,401 (-14.9%), from €566,262 to €481,861
- Tax, wage and social debts +€54,839
up €54,839 (+98.9%), from €55,476 to €110,315
- Debts after one year -€50,902
down €50,902 (-4.1%), from €1.2m to €1.2m
- Trade debts -€37,804
down €37,804 (-76.1%), from €49,692 to €11,888
- Gross operating margin +€341,085
up €341,085 (+97.3%), from €350,470 to €691,554
- Taxes +€104,782
up €104,782 (+226.6%), from €46,235 to €151,017
- Financial charges +€16,867
up €16,867 (+40.0%), from €42,193 to €59,060
- Depreciation +€11,403
up €11,403 (+10.7%), from €106,201 to €117,605
- Staff costs -€9,815
down €9,815 (-17.3%), from €56,674 to €46,860
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 | €2,223,399 | €2,414,655 | +€191,255 | +8.6% |
| Fixed assets | 21/28 | €1,973,843 | €1,996,680 | +€22,837 | +1.2% |
| Tangible fixed assets | 22/27 | €1,940,899 | €1,963,736 | +€22,837 | +1.2% |
| Land and buildings | 22 | €1,888,270 | €1,900,225 | +€11,955 | +0.6% |
| Plant, machinery and equipment | 23 | €19,552 | €26,266 | +€6,715 | +34.3% |
| Furniture and vehicles | 24 | €33,077 | €37,245 | +€4,168 | +12.6% |
| Financial fixed assets | 28 | €32,944 | €32,944 | = | 0.0% |
| Current assets | 29/58 | €249,556 | €417,975 | +€168,418 | +67.5% |
| Amounts receivable within one year | 40/41 | €123,718 | €97,576 | -€26,143 | -21.1% |
| Trade receivables | 40 | €123,718 | €97,576 | -€26,143 | -21.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €125,838 | €320,399 | +€194,561 | +154.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,223,399 | €2,414,655 | +€191,255 | +8.6% |
| Equity | 10/15 | €264,621 | €572,001 | +€307,380 | +116.2% |
| Contributions | 10/11 | €35,944 | €35,944 | = | 0.0% |
| Reserves | 13 | €228,677 | €536,057 | +€307,380 | +134.4% |
| Distributable reserves | 133 | €228,677 | €536,057 | +€307,380 | +134.4% |
| Amounts payable | 17/49 | €1,958,778 | €1,842,654 | -€116,124 | -5.9% |
| Amounts payable after more than one year | 17 | €1,238,428 | €1,187,526 | -€50,902 | -4.1% |
| Financial debts | 170/4 | €1,238,428 | €1,187,526 | -€50,902 | -4.1% |
| Amounts payable within one year | 42/48 | €720,350 | €655,128 | -€65,222 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €48,919 | €51,064 | +€2,145 | +4.4% |
| Trade debts | 44 | €49,692 | €11,888 | -€37,804 | -76.1% |
| Suppliers | 440/4 | €49,692 | €11,888 | -€37,804 | -76.1% |
| Taxes, remuneration and social security | 45 | €55,476 | €110,315 | +€54,839 | +98.9% |
| Taxes | 450/3 | €55,476 | €110,315 | +€54,839 | +98.9% |
| Other amounts payable | 47/48 | €566,262 | €481,861 | -€84,401 | -14.9% |
| Non-recurring operating income | 76A | €34,766 | €0 | -€34,766 | -100.0% |
| Remuneration, social security and pensions | 62 | €56,674 | €46,860 | -€9,815 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,201 | €117,605 | +€11,403 | +10.7% |
| Other operating charges | 640/8 | €15,108 | €9,683 | -€5,425 | -35.9% |
| Gross operating margin | 9900 | €350,470 | €691,554 | +€341,085 | +97.3% |
| Operating profit (loss) | 9901 | €172,486 | €517,407 | +€344,921 | +200.0% |
| Financial income | 75/76B | €147 | €49 | -€97 | -66.5% |
| Recurring financial income | 75 | €147 | €49 | -€97 | -66.5% |
| Financial charges | 65/66B | €42,193 | €59,060 | +€16,867 | +40.0% |
| Recurring financial charges | 65 | €42,193 | €59,060 | +€16,867 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €130,440 | €458,396 | +€327,957 | +251.4% |
| Income taxes | 67/77 | €46,235 | €151,017 | +€104,782 | +226.6% |
| Profit (loss) for the period | 9904 | €84,205 | €307,380 | +€223,175 | +265.0% |
| Profit (loss) for the period to be appropriated | 9905 | €84,205 | €307,380 | +€223,175 | +265.0% |
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 6 October 2026 via checked.be.