HUIZE HOORNAERT: what changed
HUIZE HOORNAERT
Largest movements
- Tangible fixed assets +€31,576
up €31,576 (+203%), from €15,552 to €47,128
of which Furniture and vehicles: +€33,691
- Cash -€6,639
down €6,639 (-46.4%), from €14,300 to €7,661
mainly Investment in fixed assets (net) (-€36,900) and Net result for the year (-€6,337)
- Financial fixed assets -€3,000
no longer reported in 2025 (was €3,000)
- Receivables within one year +€702
up €702 (+57.8%), from €1,214 to €1,916
of which Trade receivables: +€702
- Debts after one year +€25,965
new in 2025: €25,965
- Current portion of long-term debt +€7,476
new in 2025: €7,476
- Profit (loss) carried forward -€6,337
down €6,337 (-38.4%), from €16,499 to €10,162
- Other debts -€4,741
down €4,741 (-63.0%), from €7,527 to €2,786
- Gross operating margin -€11,757
down €11,757 (-57.7%), from €20,361 to €8,604
- Depreciation +€5,606
up €5,606 (+176%), from €3,182 to €8,788
- Taxes +€4,380
new in 2025: €4,380
- Financial charges +€876
up €876 (+500%), from €175 to €1,051
- Other operating charges +€216
up €216 (+42.7%), from €506 to €721
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,813 | €57,413 | +€22,600 | +64.9% |
| Formation expenses | 20 | €746 | €283 | -€464 | -62.1% |
| Fixed assets | 21/28 | €18,552 | €47,128 | +€28,576 | +154% |
| Tangible fixed assets | 22/27 | €15,552 | €47,128 | +€31,576 | +203% |
| Land and buildings | 22 | €12,937 | €11,434 | -€1,503 | -11.6% |
| Plant, machinery and equipment | 23 | €2,616 | €2,003 | -€612 | -23.4% |
| Furniture and vehicles | 24 | - | €33,691 | +€33,691 | |
| Financial fixed assets | 28 | €3,000 | - | -€3,000 | |
| Current assets | 29/58 | €15,514 | €10,002 | -€5,512 | -35.5% |
| Amounts receivable within one year | 40/41 | €1,214 | €1,916 | +€702 | +57.8% |
| Trade receivables | 40 | €1,214 | €1,916 | +€702 | +57.8% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €14,300 | €7,661 | -€6,639 | -46.4% |
| Deferred charges and accrued income | 490/1 | - | €425 | +€425 | |
| Total equity and liabilities | 10/49 | €34,813 | €57,413 | +€22,600 | +64.9% |
| Equity | 10/15 | €26,499 | €20,162 | -€6,337 | -23.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,499 | €10,162 | -€6,337 | -38.4% |
| Amounts payable | 17/49 | €8,314 | €37,251 | +€28,936 | +348% |
| Amounts payable after more than one year | 17 | - | €25,965 | +€25,965 | |
| Financial debts | 170/4 | - | €25,965 | +€25,965 | |
| Amounts payable within one year | 42/48 | €8,314 | €11,285 | +€2,971 | +35.7% |
| Current portion of amounts payable after more than one year | 42 | - | €7,476 | +€7,476 | |
| Trade debts | 44 | €788 | €1,024 | +€236 | +30.0% |
| Suppliers | 440/4 | €788 | €1,024 | +€236 | +30.0% |
| Other amounts payable | 47/48 | €7,527 | €2,786 | -€4,741 | -63.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,182 | €8,788 | +€5,606 | +176% |
| Other operating charges | 640/8 | €506 | €721 | +€216 | +42.7% |
| Gross operating margin | 9900 | €20,361 | €8,604 | -€11,757 | -57.7% |
| Operating profit (loss) | 9901 | €16,674 | -€906 | -€17,579 | |
| Financial charges | 65/66B | €175 | €1,051 | +€876 | +500% |
| Recurring financial charges | 65 | €175 | €1,051 | +€876 | +500% |
| Profit (loss) for the period before taxes | 9903 | €16,499 | -€1,956 | -€18,455 | |
| Income taxes | 67/77 | - | €4,380 | +€4,380 | |
| Profit (loss) for the period | 9904 | €16,499 | -€6,337 | -€22,835 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,499 | -€6,337 | -€22,835 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.