HUIS DE WINTER: 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.
HUIS DE WINTER
Largest movements
- Tangible fixed assets -€39,371
down €39,371 (-7.0%), from €560,994 to €521,623
of which Land and buildings: -€25,890
- Stocks and contracts +€28,745
up €28,745 (+5.7%), from €503,745 to €532,490
- Receivables within one year +€25,332
up €25,332 (+922%), from €2,747 to €28,079
of which Other amounts receivable: +€18,547
- Cash -€15,555
down €15,555 (-58.7%), from €26,478 to €10,923
mainly Debts after one year (-€63,405) and Stocks and contracts (-€28,745)
- Debts after one year -€63,405
down €63,405 (-13.9%), from €456,730 to €393,325
- Short-term financial debts +€42,793
up €42,793 (+42.8%), from €100,000 to €142,793
- Reserves +€15,863
up €15,863 (+5.9%), from €266,962 to €282,825
- Trade debts +€13,325
up €13,325 (+17.6%), from €75,653 to €88,978
- Gross operating margin -€33,446
down €33,446 (-26.5%), from €126,329 to €92,883
- Taxes -€11,365
down €11,365 (-45.7%), from €24,843 to €13,478
- Financial income -€5,069
down €5,069 (-56.1%), from €9,042 to €3,973
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 | €1,157,798 | €1,163,752 | +€5,954 | +0.5% |
| Fixed assets | 21/28 | €621,113 | €587,795 | -€33,318 | -5.4% |
| Tangible fixed assets | 22/27 | €560,994 | €521,623 | -€39,371 | -7.0% |
| Land and buildings | 22 | €538,098 | €512,208 | -€25,890 | -4.8% |
| Plant, machinery and equipment | 23 | €1,229 | €1,061 | -€168 | -13.7% |
| Furniture and vehicles | 24 | €21,666 | €8,354 | -€13,312 | -61.4% |
| Financial fixed assets | 28 | €60,119 | €66,172 | +€6,053 | +10.1% |
| Current assets | 29/58 | €536,685 | €575,957 | +€39,272 | +7.3% |
| Stocks and contracts in progress | 3 | €503,745 | €532,490 | +€28,745 | +5.7% |
| Stocks | 30/36 | €503,745 | €532,490 | +€28,745 | +5.7% |
| Amounts receivable within one year | 40/41 | €2,747 | €28,079 | +€25,332 | +922% |
| Trade receivables | 40 | €2,747 | €9,532 | +€6,785 | +247% |
| Other amounts receivable | 41 | - | €18,547 | +€18,547 | |
| Cash at bank and in hand | 54/58 | €26,478 | €10,923 | -€15,555 | -58.7% |
| Deferred charges and accrued income | 490/1 | €3,715 | €4,466 | +€751 | +20.2% |
| Total equity and liabilities | 10/49 | €1,157,798 | €1,163,752 | +€5,954 | +0.5% |
| Equity | 10/15 | €422,609 | €438,472 | +€15,863 | +3.8% |
| Contributions | 10/11 | €155,647 | €155,647 | = | 0.0% |
| Reserves | 13 | €266,962 | €282,825 | +€15,863 | +5.9% |
| Distributable reserves | 133 | €266,962 | €282,825 | +€15,863 | +5.9% |
| Amounts payable | 17/49 | €735,189 | €725,281 | -€9,908 | -1.3% |
| Amounts payable after more than one year | 17 | €456,730 | €393,325 | -€63,405 | -13.9% |
| Financial debts | 170/4 | €456,730 | €393,325 | -€63,405 | -13.9% |
| Amounts payable within one year | 42/48 | €278,459 | €331,956 | +€53,497 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €53,074 | €50,322 | -€2,752 | -5.2% |
| Financial debts | 43 | €100,000 | €142,793 | +€42,793 | +42.8% |
| Credit institutions | 430/8 | €100,000 | €142,793 | +€42,793 | +42.8% |
| Trade debts | 44 | €75,653 | €88,978 | +€13,325 | +17.6% |
| Suppliers | 440/4 | €75,653 | €88,978 | +€13,325 | +17.6% |
| Taxes, remuneration and social security | 45 | €45,996 | €49,662 | +€3,667 | +8.0% |
| Taxes | 450/3 | €45,996 | €49,662 | +€3,667 | +8.0% |
| Other amounts payable | 47/48 | €3,736 | €200 | -€3,536 | -94.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,428 | €30,501 | -€927 | -3.0% |
| Other operating charges | 640/8 | €5,716 | €6,331 | +€615 | +10.8% |
| Non-recurring operating charges | 66A | - | €1,638 | +€1,638 | |
| Gross operating margin | 9900 | €126,329 | €92,883 | -€33,446 | -26.5% |
| Operating profit (loss) | 9901 | €89,186 | €54,413 | -€34,773 | -39.0% |
| Financial income | 75/76B | €9,042 | €3,973 | -€5,069 | -56.1% |
| Recurring financial income | 75 | €9,042 | €3,973 | -€5,069 | -56.1% |
| Financial charges | 65/66B | €27,802 | €29,045 | +€1,244 | +4.5% |
| Recurring financial charges | 65 | €27,802 | €29,045 | +€1,244 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €70,426 | €29,340 | -€41,085 | -58.3% |
| Income taxes | 67/77 | €24,843 | €13,478 | -€11,365 | -45.7% |
| Profit (loss) for the period | 9904 | €45,583 | €15,863 | -€29,720 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,583 | €15,863 | -€29,720 | -65.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.