PROPERTY HUNTER: 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.
PROPERTY HUNTER
Largest movements
- Cash +€44,785
up €44,785 (+247,844%), from €18 to €44,804
mainly Net result for the year (+€52,013) and Other debts (+€32,058)
- Receivables within one year -€29,784
down €29,784 (-30.6%), from €97,354 to €67,570
of which Trade receivables: -€42,430
- Tangible fixed assets -€2,688
down €2,688 (-17.1%), from €15,698 to €13,010
- Trade debts -€44,560
down €44,560 (-84.2%), from €52,928 to €8,368
- Other debts +€32,058
up €32,058 (+159%), from €20,112 to €52,170
- Tax, wage and social debts +€21,697
up €21,697 (+8,184%), from €265 to €21,962
of which Taxes: +€20,359
- Profit (loss) carried forward +€2,013
up €2,013 (+789%), from €255 to €2,268
- Gross operating margin +€39,958
up €39,958 (+101%), from €39,599 to €79,557
- Taxes +€14,887
new in 2025: €14,887
- Staff costs +€7,875
up €7,875 (+193%), from €4,086 to €11,960
- Financial income -€6,256
down €6,256 (-69.8%), from €8,962 to €2,706
- Financial charges -€1,645
down €1,645 (-83.9%), from €1,961 to €316
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 | €117,560 | €128,905 | +€11,346 | +9.7% |
| Fixed assets | 21/28 | €18,413 | €15,725 | -€2,688 | -14.6% |
| Tangible fixed assets | 22/27 | €15,698 | €13,010 | -€2,688 | -17.1% |
| Plant, machinery and equipment | 23 | €10,352 | €9,262 | -€1,090 | -10.5% |
| Furniture and vehicles | 24 | €1,506 | €585 | -€922 | -61.2% |
| Other tangible fixed assets | 26 | €3,840 | €3,164 | -€676 | -17.6% |
| Financial fixed assets | 28 | €2,715 | €2,715 | = | 0.0% |
| Current assets | 29/58 | €99,147 | €113,180 | +€14,034 | +14.2% |
| Amounts receivable within one year | 40/41 | €97,354 | €67,570 | -€29,784 | -30.6% |
| Trade receivables | 40 | €73,154 | €30,725 | -€42,430 | -58.0% |
| Other amounts receivable | 41 | €24,200 | €36,845 | +€12,645 | +52.3% |
| Cash at bank and in hand | 54/58 | €18 | €44,804 | +€44,785 | +247,844% |
| Deferred charges and accrued income | 490/1 | €1,774 | €807 | -€967 | -54.5% |
| Total equity and liabilities | 10/49 | €117,560 | €128,905 | +€11,346 | +9.7% |
| Equity | 10/15 | €44,255 | €46,268 | +€2,013 | +4.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Contributions outside capital | 11 | €40,000 | €40,000 | = | 0.0% |
| Other | 1109/19 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Other | 1319 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255 | €2,268 | +€2,013 | +789% |
| Amounts payable | 17/49 | €73,305 | €82,638 | +€9,333 | +12.7% |
| Amounts payable within one year | 42/48 | €73,305 | €82,500 | +€9,195 | +12.5% |
| Trade debts | 44 | €52,928 | €8,368 | -€44,560 | -84.2% |
| Suppliers | 440/4 | €52,928 | €8,368 | -€44,560 | -84.2% |
| Taxes, remuneration and social security | 45 | €265 | €21,962 | +€21,697 | +8,184% |
| Taxes | 450/3 | - | €20,359 | +€20,359 | |
| Remuneration and social security | 454/9 | €265 | €1,603 | +€1,338 | +505% |
| Other amounts payable | 47/48 | €20,112 | €52,170 | +€32,058 | +159% |
| Accrued charges and deferred income | 492/3 | - | €138 | +€138 | |
| Remuneration, social security and pensions | 62 | €4,086 | €11,960 | +€7,875 | +193% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,193 | €2,688 | -€505 | -15.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €39,599 | €79,557 | +€39,958 | +101% |
| Operating profit (loss) | 9901 | €31,934 | €64,509 | +€32,575 | +102% |
| Financial income | 75/76B | €8,962 | €2,706 | -€6,256 | -69.8% |
| Recurring financial income | 75 | €8,962 | €2,706 | -€6,256 | -69.8% |
| Financial charges | 65/66B | €1,961 | €316 | -€1,645 | -83.9% |
| Recurring financial charges | 65 | €1,961 | €316 | -€1,645 | -83.9% |
| Profit (loss) for the period before taxes | 9903 | €38,935 | €66,899 | +€27,964 | +71.8% |
| Income taxes | 67/77 | - | €14,887 | +€14,887 | |
| Profit (loss) for the period | 9904 | €38,935 | €52,013 | +€13,078 | +33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,935 | €52,013 | +€13,078 | +33.6% |
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 17 October 2026 via checked.be.