HOUTTEKIER BACHEN: 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.
HOUTTEKIER BACHEN
Largest movements
- Receivables within one year +€154,749
up €154,749 (+34.8%), from €445,100 to €599,849
of which Other amounts receivable: +€179,772
- Tangible fixed assets -€85,546
down €85,546 (-6.5%), from €1.3m to €1.2m
- Stocks and contracts -€46,069
down €46,069 (-12.3%), from €374,185 to €328,117
- Reserves +€238,946
up €238,946 (+17.1%), from €1.4m to €1.6m
of which Distributable reserves: +€238,946
- Debts after one year -€151,157
down €151,157 (-40.9%), from €369,874 to €218,717
- Other debts -€69,379
down €69,379 (-29.2%), from €237,490 to €168,111
- Tax, wage and social debts +€25,481
up €25,481 (+40.6%), from €62,812 to €88,293
- Gross operating margin +€27,404
up €27,404 (+5.9%), from €461,090 to €488,493
- Taxes +€13,036
up €13,036 (+13.8%), from €94,605 to €107,640
- Financial charges -€7,048
down €7,048 (-34.7%), from €20,304 to €13,256
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,316,634 | €2,338,665 | +€22,031 | +1.0% |
| Fixed assets | 21/28 | €1,320,584 | €1,235,038 | -€85,546 | -6.5% |
| Tangible fixed assets | 22/27 | €1,318,084 | €1,232,538 | -€85,546 | -6.5% |
| Land and buildings | 22 | €1,130,306 | €1,098,528 | -€31,778 | -2.8% |
| Plant, machinery and equipment | 23 | €117,595 | €95,296 | -€22,299 | -19.0% |
| Furniture and vehicles | 24 | €70,183 | €38,714 | -€31,469 | -44.8% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €996,050 | €1,103,627 | +€107,577 | +10.8% |
| Stocks and contracts in progress | 3 | €374,185 | €328,117 | -€46,069 | -12.3% |
| Stocks | 30/36 | €374,185 | €328,117 | -€46,069 | -12.3% |
| Amounts receivable within one year | 40/41 | €445,100 | €599,849 | +€154,749 | +34.8% |
| Trade receivables | 40 | €206,534 | €181,511 | -€25,023 | -12.1% |
| Other amounts receivable | 41 | €238,566 | €418,338 | +€179,772 | +75.4% |
| Cash at bank and in hand | 54/58 | €167,975 | €165,883 | -€2,092 | -1.2% |
| Deferred charges and accrued income | 490/1 | €8,790 | €9,778 | +€988 | +11.2% |
| Total equity and liabilities | 10/49 | €2,316,634 | €2,338,665 | +€22,031 | +1.0% |
| Equity | 10/15 | €1,462,201 | €1,701,147 | +€238,946 | +16.3% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €1,400,172 | €1,639,118 | +€238,946 | +17.1% |
| Non-distributable reserves | 130/1 | €17,073 | €17,073 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,073 | €0 | -€17,073 | -100% |
| Other | 1319 | - | €17,073 | +€17,073 | |
| Distributable reserves | 133 | €1,383,099 | €1,622,045 | +€238,946 | +17.3% |
| Profit (loss) carried forward | 14 | €2,029 | €2,029 | = | 0.0% |
| Amounts payable | 17/49 | €854,433 | €637,518 | -€216,915 | -25.4% |
| Amounts payable after more than one year | 17 | €369,874 | €218,717 | -€151,157 | -40.9% |
| Financial debts | 170/4 | €369,874 | €218,717 | -€151,157 | -40.9% |
| Amounts payable within one year | 42/48 | €484,559 | €418,801 | -€65,758 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €170,080 | €147,198 | -€22,883 | -13.5% |
| Trade debts | 44 | €14,176 | €15,199 | +€1,023 | +7.2% |
| Suppliers | 440/4 | €14,176 | €15,199 | +€1,023 | +7.2% |
| Taxes, remuneration and social security | 45 | €62,812 | €88,293 | +€25,481 | +40.6% |
| Taxes | 450/3 | €62,812 | €88,293 | +€25,481 | +40.6% |
| Other amounts payable | 47/48 | €237,490 | €168,111 | -€69,379 | -29.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €1,377 | +€1,377 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,519 | €121,782 | -€737 | -0.6% |
| Other operating charges | 640/8 | €17,076 | €17,605 | +€529 | +3.1% |
| Gross operating margin | 9900 | €461,090 | €488,493 | +€27,404 | +5.9% |
| Operating profit (loss) | 9901 | €321,494 | €347,729 | +€26,235 | +8.2% |
| Financial income | 75/76B | €11,286 | €12,113 | +€828 | +7.3% |
| Recurring financial income | 75 | €11,286 | €12,113 | +€828 | +7.3% |
| Financial charges | 65/66B | €20,304 | €13,256 | -€7,048 | -34.7% |
| Recurring financial charges | 65 | €20,304 | €13,256 | -€7,048 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €312,476 | €346,587 | +€34,111 | +10.9% |
| Income taxes | 67/77 | €94,605 | €107,640 | +€13,036 | +13.8% |
| Profit (loss) for the period | 9904 | €217,871 | €238,946 | +€21,076 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €217,871 | €238,946 | +€21,076 | +9.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.