Houwaartseberg: 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.
Houwaartseberg
Largest movements
- Cash +€20,626
up €20,626 (+55.4%), from €37,232 to €57,858
mainly Net result for the year (+€56,023) and Depreciation (+€3,306)
- Receivables within one year +€8,028
up €8,028 (+30.7%), from €26,184 to €34,212
of which Other amounts receivable: +€5,505
- Tangible fixed assets +€6,641
up €6,641 (+49.4%), from €13,446 to €20,087
of which Furniture and vehicles: +€7,738
- Deferred charges and accrued income +€2,991
up €2,991 (+36.7%), from €8,161 to €11,153
- Reserves +€48,000
up €48,000 (+99.6%), from €48,188 to €96,188
- Trade debts -€8,409
down €8,409 (-80.9%), from €10,393 to €1,984
- Other debts -€3,041
down €3,041 (-27.5%), from €11,041 to €8,000
- Tax, wage and social debts +€1,714
up €1,714 (+15.5%), from €11,050 to €12,764
- Gross operating margin +€11,102
up €11,102 (+15.9%), from €69,881 to €80,983
- Depreciation +€2,218
up €2,218 (+203.9%), from €1,088 to €3,306
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 | €85,674 | €123,960 | +€38,287 | +44.7% |
| Fixed assets | 21/28 | €13,446 | €20,087 | +€6,641 | +49.4% |
| Tangible fixed assets | 22/27 | €13,446 | €20,087 | +€6,641 | +49.4% |
| Plant, machinery and equipment | 23 | €3,904 | €2,807 | -€1,097 | -28.1% |
| Furniture and vehicles | 24 | €9,542 | €17,280 | +€7,738 | +81.1% |
| Current assets | 29/58 | €72,227 | €103,873 | +€31,646 | +43.8% |
| Amounts receivable within one year | 40/41 | €26,184 | €34,212 | +€8,028 | +30.7% |
| Trade receivables | 40 | €26,184 | €28,707 | +€2,523 | +9.6% |
| Other amounts receivable | 41 | - | €5,505 | +€5,505 | |
| Current investments | 50/53 | €650 | €650 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €37,232 | €57,858 | +€20,626 | +55.4% |
| Deferred charges and accrued income | 490/1 | €8,161 | €11,153 | +€2,991 | +36.7% |
| Total equity and liabilities | 10/49 | €85,674 | €123,960 | +€38,287 | +44.7% |
| Equity | 10/15 | €53,190 | €101,212 | +€48,023 | +90.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,188 | €96,188 | +€48,000 | +99.6% |
| Distributable reserves | 133 | €48,188 | €96,188 | +€48,000 | +99.6% |
| Profit (loss) carried forward | 14 | €2 | €24 | +€23 | +1360.5% |
| Amounts payable | 17/49 | €32,484 | €22,748 | -€9,736 | -30.0% |
| Amounts payable within one year | 42/48 | €32,484 | €22,748 | -€9,736 | -30.0% |
| Trade debts | 44 | €10,393 | €1,984 | -€8,409 | -80.9% |
| Suppliers | 440/4 | €10,393 | €1,984 | -€8,409 | -80.9% |
| Taxes, remuneration and social security | 45 | €11,050 | €12,764 | +€1,714 | +15.5% |
| Taxes | 450/3 | €11,050 | €12,764 | +€1,714 | +15.5% |
| Other amounts payable | 47/48 | €11,041 | €8,000 | -€3,041 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,088 | €3,306 | +€2,218 | +203.9% |
| Other operating charges | 640/8 | €601 | €672 | +€71 | +11.8% |
| Gross operating margin | 9900 | €69,881 | €80,983 | +€11,102 | +15.9% |
| Operating profit (loss) | 9901 | €68,192 | €77,005 | +€8,812 | +12.9% |
| Financial income | 75/76B | €1 | €23 | +€22 | +2403.2% |
| Recurring financial income | 75 | €1 | €23 | +€22 | +2403.2% |
| Financial charges | 65/66B | €2,099 | €2,772 | +€672 | +32.0% |
| Recurring financial charges | 65 | €2,099 | €2,772 | +€672 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | €66,094 | €74,256 | +€8,163 | +12.4% |
| Income taxes | 67/77 | €17,904 | €18,234 | +€330 | +1.8% |
| Profit (loss) for the period | 9904 | €48,190 | €56,023 | +€7,833 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,190 | €56,023 | +€7,833 | +16.3% |
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 11 October 2026 via checked.be.