Huis De Zon: 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 Zon
Largest movements
- Receivables within one year -€40,287
down €40,287 (-49.4%), from €81,611 to €41,324
of which Other amounts receivable: -€36,798
- Stocks and contracts +€29,055
up €29,055 (+22.3%), from €130,144 to €159,199
- Intangible fixed assets -€12,000
down €12,000 (-14.0%), from €86,000 to €74,000
- Tangible fixed assets -€7,332
down €7,332 (-39.6%), from €18,513 to €11,182
of which Other tangible fixed assets: -€4,257
- Trade debts +€29,279
up €29,279 (+21.8%), from €134,145 to €163,425
- Tax, wage and social debts -€27,453
down €27,453 (-41.4%), from €66,381 to €38,928
of which Taxes: -€28,844
- Current portion of long-term debt -€18,689
down €18,689 (-68.0%), from €27,503 to €8,814
- Debts after one year -€8,814
no longer reported in 2025 (was €8,814)
- Profit (loss) carried forward -€7,526
down €7,526 (-3.4%), from -€220,632 to -€228,158
- Gross operating margin -€46,054
down €46,054 (-34.0%), from €135,605 to €89,551
- Write-downs -€32,738
down €32,738, from €14,888 to -€17,850
- Staff costs +€3,412
up €3,412 (+4.7%), from €72,743 to €76,155
- Financial charges -€2,897
down €2,897 (-13.2%), from €22,026 to €19,129
- Other operating charges +€2,336
up €2,336 (+115%), from €2,037 to €4,373
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 | €329,001 | €300,579 | -€28,422 | -8.6% |
| Fixed assets | 21/28 | €104,513 | €85,674 | -€18,840 | -18.0% |
| Intangible fixed assets | 21 | €86,000 | €74,000 | -€12,000 | -14.0% |
| Tangible fixed assets | 22/27 | €18,513 | €11,182 | -€7,332 | -39.6% |
| Plant, machinery and equipment | 23 | €4,493 | €3,036 | -€1,456 | -32.4% |
| Furniture and vehicles | 24 | €3,771 | €2,152 | -€1,619 | -42.9% |
| Other tangible fixed assets | 26 | €10,250 | €5,993 | -€4,257 | -41.5% |
| Financial fixed assets | 28 | - | €492 | +€492 | |
| Current assets | 29/58 | €224,488 | €214,906 | -€9,582 | -4.3% |
| Stocks and contracts in progress | 3 | €130,144 | €159,199 | +€29,055 | +22.3% |
| Stocks | 30/36 | €130,144 | €159,199 | +€29,055 | +22.3% |
| Amounts receivable within one year | 40/41 | €81,611 | €41,324 | -€40,287 | -49.4% |
| Trade receivables | 40 | €5,958 | €2,469 | -€3,489 | -58.6% |
| Other amounts receivable | 41 | €75,652 | €38,854 | -€36,798 | -48.6% |
| Cash at bank and in hand | 54/58 | €10,200 | €11,969 | +€1,769 | +17.3% |
| Deferred charges and accrued income | 490/1 | €2,533 | €2,413 | -€120 | -4.7% |
| Total equity and liabilities | 10/49 | €329,001 | €300,579 | -€28,422 | -8.6% |
| Equity | 10/15 | -€100,679 | -€108,205 | -€7,526 | -7.5% |
| Contributions | 10/11 | €22,310 | €22,310 | = | 0.0% |
| Reserves | 13 | €97,642 | €97,642 | = | 0.0% |
| Distributable reserves | 133 | €97,642 | €97,642 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€220,632 | -€228,158 | -€7,526 | -3.4% |
| Amounts payable | 17/49 | €429,681 | €408,785 | -€20,896 | -4.9% |
| Amounts payable after more than one year | 17 | €8,814 | - | -€8,814 | |
| Financial debts | 170/4 | €8,814 | - | -€8,814 | |
| Amounts payable within one year | 42/48 | €420,514 | €406,880 | -€13,634 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €27,503 | €8,814 | -€18,689 | -68.0% |
| Financial debts | 43 | €139,126 | €144,928 | +€5,802 | +4.2% |
| Credit institutions | 430/8 | €139,126 | €144,928 | +€5,802 | +4.2% |
| Trade debts | 44 | €134,145 | €163,425 | +€29,279 | +21.8% |
| Suppliers | 440/4 | €134,145 | €163,425 | +€29,279 | +21.8% |
| Advances received on contracts in progress | 46 | - | €1,295 | +€1,295 | |
| Taxes, remuneration and social security | 45 | €66,381 | €38,928 | -€27,453 | -41.4% |
| Taxes | 450/3 | €51,649 | €22,804 | -€28,844 | -55.8% |
| Remuneration and social security | 454/9 | €14,733 | €16,124 | +€1,391 | +9.4% |
| Other amounts payable | 47/48 | €53,358 | €49,490 | -€3,868 | -7.2% |
| Accrued charges and deferred income | 492/3 | €353 | €1,905 | +€1,552 | +439% |
| Remuneration, social security and pensions | 62 | €72,743 | €76,155 | +€3,412 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,074 | €19,979 | -€2,095 | -9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,888 | -€17,850 | -€32,738 | |
| Other operating charges | 640/8 | €2,037 | €4,373 | +€2,336 | +115% |
| Gross operating margin | 9900 | €135,605 | €89,551 | -€46,054 | -34.0% |
| Operating profit (loss) | 9901 | €23,863 | €6,893 | -€16,970 | -71.1% |
| Financial income | 75/76B | €6,171 | €5,206 | -€965 | -15.6% |
| Recurring financial income | 75 | €6,171 | €5,206 | -€965 | -15.6% |
| Financial charges | 65/66B | €22,026 | €19,129 | -€2,897 | -13.2% |
| Recurring financial charges | 65 | €22,026 | €19,129 | -€2,897 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €8,009 | -€7,030 | -€15,039 | |
| Income taxes | 67/77 | €552 | €496 | -€56 | -10.1% |
| Profit (loss) for the period | 9904 | €7,457 | -€7,526 | -€14,983 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,457 | -€7,526 | -€14,983 |
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 27 October 2026 via checked.be.