HOUZZ: 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.
HOUZZ
Largest movements
- Stocks and contracts -€136,760
down €136,760 (-99.5%), from €137,474 to €714
- Tangible fixed assets -€36,923
down €36,923 (-11.8%), from €312,822 to €275,899
of which Furniture and vehicles: -€27,533
- Cash -€21,135
down €21,135 (-57.1%), from €37,025 to €15,889
mainly Short-term financial debts (-€129,000) and Net result for the year (-€92,209)
- Short-term financial debts -€129,000
no longer reported in 2025 (was €129,000)
- Profit (loss) carried forward -€92,209
down €92,209 (-95.0%), from €97,073 to €4,864
- Other debts +€83,485
up €83,485 (+51.7%), from €161,555 to €245,040
- Accrued charges and deferred income -€27,585
no longer reported in 2025 (was €27,585)
- Trade debts -€16,668
down €16,668 (-83.2%), from €20,031 to €3,363
- Gross operating margin -€315,977
down €315,977 (-98.9%), from €319,506 to €3,529
- Other operating charges -€37,310
down €37,310 (-94.0%), from €39,674 to €2,364
- Taxes -€30,434
down €30,434 (-92.6%), from €32,872 to €2,438
- Financial charges -€26,150
down €26,150 (-32.4%), from €80,588 to €54,438
- Financial income -€17,028
down €17,028 (-100.0%), from €17,028 to €0
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 | €1,268,805 | €1,078,722 | -€190,083 | -15.0% |
| Fixed assets | 21/28 | €312,822 | €275,899 | -€36,923 | -11.8% |
| Tangible fixed assets | 22/27 | €312,822 | €275,899 | -€36,923 | -11.8% |
| Land and buildings | 22 | €276,830 | €267,944 | -€8,886 | -3.2% |
| Plant, machinery and equipment | 23 | €504 | - | -€504 | |
| Furniture and vehicles | 24 | €35,488 | €7,955 | -€27,533 | -77.6% |
| Current assets | 29/58 | €955,983 | €802,823 | -€153,161 | -16.0% |
| Stocks and contracts in progress | 3 | €137,474 | €714 | -€136,760 | -99.5% |
| Stocks | 30/36 | €137,474 | €714 | -€136,760 | -99.5% |
| Amounts receivable within one year | 40/41 | €779,812 | €786,061 | +€6,249 | +0.8% |
| Trade receivables | 40 | €388,718 | €4,858 | -€383,861 | -98.8% |
| Other amounts receivable | 41 | €391,094 | €781,204 | +€390,110 | +99.7% |
| Cash at bank and in hand | 54/58 | €37,025 | €15,889 | -€21,135 | -57.1% |
| Deferred charges and accrued income | 490/1 | €1,673 | €159 | -€1,515 | -90.5% |
| Total equity and liabilities | 10/49 | €1,268,805 | €1,078,722 | -€190,083 | -15.0% |
| Equity | 10/15 | €115,673 | €23,464 | -€92,209 | -79.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,073 | €4,864 | -€92,209 | -95.0% |
| Provisions and deferred taxes | 16 | €495,794 | €493,588 | -€2,207 | -0.4% |
| Provisions for liabilities and charges | 160/5 | €495,794 | €493,588 | -€2,207 | -0.4% |
| Pensions and similar obligations | 160 | €495,794 | - | -€495,794 | |
| Environmental obligations | 163 | - | €493,588 | +€493,588 | |
| Amounts payable | 17/49 | €657,338 | €561,671 | -€95,667 | -14.6% |
| Amounts payable after more than one year | 17 | €224,880 | €212,247 | -€12,633 | -5.6% |
| Financial debts | 170/4 | €224,880 | €212,247 | -€12,633 | -5.6% |
| Amounts payable within one year | 42/48 | €404,873 | €349,424 | -€55,449 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €15,056 | €12,633 | -€2,423 | -16.1% |
| Financial debts | 43 | €129,000 | - | -€129,000 | |
| Credit institutions | 430/8 | €129,000 | - | -€129,000 | |
| Trade debts | 44 | €20,031 | €3,363 | -€16,668 | -83.2% |
| Suppliers | 440/4 | €20,031 | €3,363 | -€16,668 | -83.2% |
| Taxes, remuneration and social security | 45 | €79,231 | €88,388 | +€9,157 | +11.6% |
| Taxes | 450/3 | €79,231 | €88,388 | +€9,157 | +11.6% |
| Other amounts payable | 47/48 | €161,555 | €245,040 | +€83,485 | +51.7% |
| Accrued charges and deferred income | 492/3 | €27,585 | - | -€27,585 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,895 | €38,153 | -€15,742 | -29.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,287 | -€1,655 | -€368 | -28.6% |
| Other operating charges | 640/8 | €39,674 | €2,364 | -€37,310 | -94.0% |
| Gross operating margin | 9900 | €319,506 | €3,529 | -€315,977 | -98.9% |
| Operating profit (loss) | 9901 | €227,224 | -€35,333 | -€262,557 | |
| Financial income | 75/76B | €17,028 | €0 | -€17,028 | -100.0% |
| Recurring financial income | 75 | €17,028 | €0 | -€17,028 | -100.0% |
| Financial charges | 65/66B | €80,588 | €54,438 | -€26,150 | -32.4% |
| Recurring financial charges | 65 | €80,588 | €54,438 | -€26,150 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €163,664 | -€89,771 | -€253,435 | |
| Income taxes | 67/77 | €32,872 | €2,438 | -€30,434 | -92.6% |
| Profit (loss) for the period | 9904 | €130,792 | -€92,209 | -€223,001 | |
| Profit (loss) for the period to be appropriated | 9905 | €130,792 | -€92,209 | -€223,001 |
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 30 October 2026 via checked.be.