HOUTMIJN: 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.
HOUTMIJN
Largest movements
- Cash +€92,713
up €92,713 (+145%), from €64,068 to €156,781
mainly Depreciation (+€57,773) and Current investments (+€50,000)
- Tangible fixed assets -€57,773
down €57,773 (-7.2%), from €807,991 to €750,218
of which Land and buildings: -€55,886
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year +€13,908
up €13,908 (+70.9%), from €19,610 to €33,518
of which Other amounts receivable: +€10,912
- Debts after one year -€52,968
down €52,968 (-8.4%), from €628,424 to €575,456
- Reserves +€40,420
up €40,420 (+17.8%), from €227,341 to €267,761
- Taxes +€3,019
up €3,019 (+24.2%), from €12,454 to €15,473
- Other operating charges +€2,886
up €2,886 (+105%), from €2,756 to €5,642
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 | €946,720 | €940,517 | -€6,203 | -0.7% |
| Fixed assets | 21/28 | €807,991 | €750,218 | -€57,773 | -7.2% |
| Tangible fixed assets | 22/27 | €807,991 | €750,218 | -€57,773 | -7.2% |
| Land and buildings | 22 | €804,331 | €748,445 | -€55,886 | -6.9% |
| Furniture and vehicles | 24 | €3,661 | €1,774 | -€1,887 | -51.5% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €138,729 | €190,299 | +€51,570 | +37.2% |
| Amounts receivable within one year | 40/41 | €19,610 | €33,518 | +€13,908 | +70.9% |
| Trade receivables | 40 | €19,610 | €22,605 | +€2,995 | +15.3% |
| Other amounts receivable | 41 | €0 | €10,912 | +€10,912 | |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €64,068 | €156,781 | +€92,713 | +145% |
| Deferred charges and accrued income | 490/1 | €5,051 | €0 | -€5,051 | -100% |
| Total equity and liabilities | 10/49 | €946,720 | €940,517 | -€6,203 | -0.7% |
| Equity | 10/15 | €233,925 | €274,345 | +€40,420 | +17.3% |
| Contributions | 10/11 | €6,584 | €6,584 | = | 0.0% |
| Reserves | 13 | €227,341 | €267,761 | +€40,420 | +17.8% |
| Distributable reserves | 133 | €227,341 | €267,761 | +€40,420 | +17.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €712,796 | €666,173 | -€46,623 | -6.5% |
| Amounts payable after more than one year | 17 | €628,424 | €575,456 | -€52,968 | -8.4% |
| Financial debts | 170/4 | €628,424 | €575,456 | -€52,968 | -8.4% |
| Amounts payable within one year | 42/48 | €83,985 | €90,717 | +€6,732 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €52,359 | €52,968 | +€609 | +1.2% |
| Trade debts | 44 | €4,888 | €3,547 | -€1,341 | -27.4% |
| Suppliers | 440/4 | €4,888 | €3,547 | -€1,341 | -27.4% |
| Taxes, remuneration and social security | 45 | €12,692 | €12,723 | +€31 | +0.2% |
| Taxes | 450/3 | €10,192 | €10,223 | +€31 | +0.3% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €14,046 | €21,479 | +€7,432 | +52.9% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100% |
| Non-recurring operating income | 76A | €800 | €0 | -€800 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,771 | €57,773 | +€2 | 0.0% |
| Other operating charges | 640/8 | €2,756 | €5,642 | +€2,886 | +105% |
| Gross operating margin | 9900 | €130,450 | €130,828 | +€379 | +0.3% |
| Operating profit (loss) | 9901 | €69,923 | €67,413 | -€2,510 | -3.6% |
| Financial income | 75/76B | €891 | €1,290 | +€399 | +44.8% |
| Recurring financial income | 75 | €891 | €1,290 | +€399 | +44.8% |
| Financial charges | 65/66B | €13,621 | €12,810 | -€812 | -6.0% |
| Recurring financial charges | 65 | €13,621 | €12,810 | -€812 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €57,192 | €55,893 | -€1,299 | -2.3% |
| Income taxes | 67/77 | €12,454 | €15,473 | +€3,019 | +24.2% |
| Profit (loss) for the period | 9904 | €44,738 | €40,420 | -€4,318 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,738 | €40,420 | -€4,318 | -9.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.