HUIS STAES: 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 STAES
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+1,092%), from €98,947 to €1.2m
of which Land and buildings: +€1.1m
- Receivables within one year +€109,487
up €109,487 (+46.4%), from €235,764 to €345,251
of which Trade receivables: +€112,514
- Current investments -€100,000
down €100,000 (-9.1%), from €1.1m to €1.0m
- Cash -€89,128
down €89,128 (-30.6%), from €291,099 to €201,971
mainly Investment in fixed assets (net) (-€1.1m) and Receivables within one year (-€109,487)
- Stocks and contracts +€76,092
up €76,092 (+22.7%), from €335,389 to €411,481
- Contributions +€985,000
up €985,000 (+1,806%), from €54,537 to €1.0m
- Trade debts +€107,080
up €107,080 (+109%), from €97,844 to €204,924
- Gross operating margin +€61,465
up €61,465 (+11.1%), from €553,291 to €614,757
- Staff costs +€56,235
up €56,235 (+10.2%), from €548,678 to €604,913
- Provisions +€40,000
up €40,000 (+57.1%), from -€70,000 to -€30,000
- Financial income -€19,160
down €19,160 (-43.4%), from €44,099 to €24,939
- Taxes -€13,223
down €13,223 (-95.8%), from €13,806 to €583
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 | €2,062,373 | €3,138,565 | +€1.1m | +52.2% |
| Fixed assets | 21/28 | €100,121 | €1,179,304 | +€1.1m | +1,078% |
| Tangible fixed assets | 22/27 | €98,947 | €1,179,304 | +€1.1m | +1,092% |
| Land and buildings | 22 | €6,734 | €1,058,675 | +€1.1m | +15,621% |
| Plant, machinery and equipment | 23 | €30,172 | €73,768 | +€43,596 | +144% |
| Furniture and vehicles | 24 | €62,041 | €46,861 | -€15,180 | -24.5% |
| Financial fixed assets | 28 | €1,174 | €0 | -€1,174 | -100% |
| Current assets | 29/58 | €1,962,252 | €1,959,261 | -€2,991 | -0.2% |
| Stocks and contracts in progress | 3 | €335,389 | €411,481 | +€76,092 | +22.7% |
| Stocks | 30/36 | €335,389 | €411,481 | +€76,092 | +22.7% |
| Amounts receivable within one year | 40/41 | €235,764 | €345,251 | +€109,487 | +46.4% |
| Trade receivables | 40 | €183,860 | €296,374 | +€112,514 | +61.2% |
| Other amounts receivable | 41 | €51,904 | €48,877 | -€3,027 | -5.8% |
| Current investments | 50/53 | €1,100,000 | €1,000,000 | -€100,000 | -9.1% |
| Cash at bank and in hand | 54/58 | €291,099 | €201,971 | -€89,128 | -30.6% |
| Deferred charges and accrued income | 490/1 | - | €559 | +€559 | |
| Total equity and liabilities | 10/49 | €2,062,373 | €3,138,565 | +€1.1m | +52.2% |
| Equity | 10/15 | €1,814,010 | €2,792,727 | +€978,717 | +54.0% |
| Contributions | 10/11 | €54,537 | €1,039,537 | +€985,000 | +1,806% |
| Reserves | 13 | €1,759,473 | €1,753,190 | -€6,283 | -0.4% |
| Distributable reserves | 133 | €1,759,473 | €1,753,190 | -€6,283 | -0.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €30,000 | €0 | -€30,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €30,000 | €0 | -€30,000 | -100% |
| Major repairs and maintenance | 162 | €30,000 | €0 | -€30,000 | -100% |
| Amounts payable | 17/49 | €218,363 | €345,838 | +€127,475 | +58.4% |
| Amounts payable within one year | 42/48 | €218,363 | €345,838 | +€127,475 | +58.4% |
| Trade debts | 44 | €97,844 | €204,924 | +€107,080 | +109% |
| Suppliers | 440/4 | €97,844 | €204,924 | +€107,080 | +109% |
| Taxes, remuneration and social security | 45 | €64,524 | €85,372 | +€20,849 | +32.3% |
| Taxes | 450/3 | €521 | €16 | -€505 | -96.9% |
| Remuneration and social security | 454/9 | €64,003 | €85,356 | +€21,353 | +33.4% |
| Other amounts payable | 47/48 | €55,996 | €55,542 | -€454 | -0.8% |
| Remuneration, social security and pensions | 62 | €548,678 | €604,913 | +€56,235 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,750 | €43,524 | -€4,226 | -8.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€70,000 | -€30,000 | +€40,000 | +57.1% |
| Other operating charges | 640/8 | €23,605 | €26,890 | +€3,286 | +13.9% |
| Gross operating margin | 9900 | €553,291 | €614,757 | +€61,465 | +11.1% |
| Operating profit (loss) | 9901 | €3,259 | -€30,571 | -€33,830 | |
| Financial income | 75/76B | €44,099 | €24,939 | -€19,160 | -43.4% |
| Recurring financial income | 75 | €44,099 | €24,939 | -€19,160 | -43.4% |
| Financial charges | 65/66B | €1,220 | €68 | -€1,152 | -94.4% |
| Recurring financial charges | 65 | €1,220 | €68 | -€1,152 | -94.4% |
| Profit (loss) for the period before taxes | 9903 | €46,138 | -€5,700 | -€51,838 | |
| Income taxes | 67/77 | €13,806 | €583 | -€13,223 | -95.8% |
| Profit (loss) for the period | 9904 | €32,332 | -€6,283 | -€38,615 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,332 | -€6,283 | -€38,615 |
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 16 October 2026 via checked.be.