HOUTWORMEXPERT: what changed
What changed
HOUTWORMEXPERT
NACE 43.410, Roofing work
filed annual accounts (NBB)
Net result for the year
€61,377
2024 · €82,918-€21,541
Equity
€308,161
2024 · €260,482+€47,679
Cash
€80,795
2024 · €82,813-€2,018
Balance sheet total
€600,377
2024 · €602,174-€1,797
Largest movements
Assets
- Receivables within one year +€36,461
up €36,461 (+72.4%), from €50,344 to €86,805
of which Trade receivables: +€24,022
- Tangible fixed assets -€25,098
down €25,098 (-6.0%), from €420,534 to €395,436
- Stocks and contracts -€7,199
down €7,199 (-55.7%), from €12,920 to €5,721
Equity and liabilities
- Reserves +€47,679
up €47,679 (+18.8%), from €254,282 to €301,961
- Debts after one year -€21,862
down €21,862 (-9.3%), from €234,402 to €212,540
- Other debts -€12,852
down €12,852 (-85.8%), from €14,971 to €2,119
- Trade debts -€10,884
down €10,884 (-76.9%), from €14,147 to €3,263
- Short-term financial debts -€10,786
down €10,786 (-41.7%), from €25,859 to €15,074
Income statement
- Gross operating margin -€21,248
down €21,248 (-12.3%), from €173,145 to €151,898
- Depreciation +€4,569
up €4,569 (+9.4%), from €48,756 to €53,325
- Taxes -€3,675
down €3,675 (-13.0%), from €28,247 to €24,572
- Other operating charges +€1,769
up €1,769 (+503%), from €352 to €2,121
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€82,918
Gross operating margin
-€21,248
Depreciation
-€4,569
Other operating charges
-€1,769
Other operating items
+€2,436
Financial income
-€12
Financial charges
-€55
Taxes
+€3,675
Result 2025
€61,377
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€71,817
Investment
-€27,928
Financing
-€45,907
Cash 2024
€82,813
From operations (derived)
+€71,817
Net result for the year
+€61,377
Depreciation
+€53,325
Stocks and contracts
+€7,199
Receivables within one year
-€36,461
Deferred charges and accrued income
+€3,643
Trade debts
-€10,884
Tax, wage and social debts
+€6,469
Other debts
-€12,852
Investment (derived)
-€27,928
Investment in fixed assets (net)
-€27,928
Financing
-€45,907
Debts after one year
-€21,862
Current portion of long-term debt
+€438
Short-term financial debts
-€10,786
Contributions, distributions and other
-€13,698
Cash 2025
€80,795
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €602,174 | €600,377 | -€1,797 | -0.3% |
| Fixed assets | 21/28 | €421,147 | €395,749 | -€25,398 | -6.0% |
| Intangible fixed assets | 21 | €613 | €313 | -€300 | -49.0% |
| Tangible fixed assets | 22/27 | €420,534 | €395,436 | -€25,098 | -6.0% |
| Land and buildings | 22 | €329,966 | €322,997 | -€6,969 | -2.1% |
| Plant, machinery and equipment | 23 | €55,833 | €48,320 | -€7,513 | -13.5% |
| Furniture and vehicles | 24 | €34,736 | €24,119 | -€10,617 | -30.6% |
| Current assets | 29/58 | €181,027 | €204,628 | +€23,601 | +13.0% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €12,920 | €5,721 | -€7,199 | -55.7% |
| Stocks | 30/36 | €12,920 | €5,721 | -€7,199 | -55.7% |
| Amounts receivable within one year | 40/41 | €50,344 | €86,805 | +€36,461 | +72.4% |
| Trade receivables | 40 | €40,123 | €64,145 | +€24,022 | +59.9% |
| Other amounts receivable | 41 | €10,222 | €22,660 | +€12,439 | +122% |
| Cash at bank and in hand | 54/58 | €82,813 | €80,795 | -€2,018 | -2.4% |
| Deferred charges and accrued income | 490/1 | €4,950 | €1,307 | -€3,643 | -73.6% |
| Total equity and liabilities | 10/49 | €602,174 | €600,377 | -€1,797 | -0.3% |
| Equity | 10/15 | €260,482 | €308,161 | +€47,679 | +18.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €254,282 | €301,961 | +€47,679 | +18.8% |
| Distributable reserves | 133 | €254,282 | €301,961 | +€47,679 | +18.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €341,692 | €292,216 | -€49,476 | -14.5% |
| Amounts payable after more than one year | 17 | €234,402 | €212,540 | -€21,862 | -9.3% |
| Financial debts | 170/4 | €234,402 | €212,540 | -€21,862 | -9.3% |
| Amounts payable within one year | 42/48 | €107,291 | €79,677 | -€27,614 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €37,746 | €38,183 | +€438 | +1.2% |
| Financial debts | 43 | €25,859 | €15,074 | -€10,786 | -41.7% |
| Credit institutions | 430/8 | €25,859 | €15,074 | -€10,786 | -41.7% |
| Trade debts | 44 | €14,147 | €3,263 | -€10,884 | -76.9% |
| Suppliers | 440/4 | €14,147 | €3,263 | -€10,884 | -76.9% |
| Taxes, remuneration and social security | 45 | €14,568 | €21,037 | +€6,469 | +44.4% |
| Taxes | 450/3 | €14,568 | €21,037 | +€6,469 | +44.4% |
| Other amounts payable | 47/48 | €14,971 | €2,119 | -€12,852 | -85.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,756 | €53,325 | +€4,569 | +9.4% |
| Other operating charges | 640/8 | €352 | €2,121 | +€1,769 | +503% |
| Non-recurring operating charges | 66A | €2,844 | €408 | -€2,436 | -85.7% |
| Gross operating margin | 9900 | €173,145 | €151,898 | -€21,248 | -12.3% |
| Operating profit (loss) | 9901 | €121,193 | €96,043 | -€25,150 | -20.8% |
| Financial income | 75/76B | €13 | €1 | -€12 | -90.0% |
| Recurring financial income | 75 | €13 | €1 | -€12 | -90.0% |
| Financial charges | 65/66B | €10,041 | €10,097 | +€55 | +0.6% |
| Recurring financial charges | 65 | €10,041 | €10,097 | +€55 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €111,165 | €85,948 | -€25,217 | -22.7% |
| Income taxes | 67/77 | €28,247 | €24,572 | -€3,675 | -13.0% |
| Profit (loss) for the period | 9904 | €82,918 | €61,377 | -€21,541 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €82,918 | €61,377 | -€21,541 | -26.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.