RED HOUSE: 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.
RED HOUSE
Largest movements
- Receivables within one year -€23,441
down €23,441 (-35.3%), from €66,420 to €42,979
- Deferred charges and accrued income -€1,762
down €1,762 (-55.2%), from €3,193 to €1,431
- Tax, wage and social debts -€15,041
down €15,041 (-50.7%), from €29,669 to €14,629
of which Taxes: -€24,064
- Profit (loss) carried forward -€8,244
down €8,244 (-18.8%), from €43,803 to €35,559
- Trade debts -€1,071
down €1,071 (-86.7%), from €1,234 to €164
- Staff costs +€13,739
up €13,739 (+57.3%), from €23,965 to €37,704
- Gross operating margin -€12,194
down €12,194 (-18.8%), from €64,956 to €52,761
- Taxes +€8,050
new in 2025: €8,050
- Other operating charges -€6,100
down €6,100 (-30.3%), from €20,100 to €14,000
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 | €76,692 | €52,037 | -€24,655 | -32.1% |
| Current assets | 29/58 | €76,692 | €52,037 | -€24,655 | -32.1% |
| Stocks and contracts in progress | 3 | €1,350 | €1,350 | = | 0.0% |
| Stocks | 30/36 | €1,350 | €1,350 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €66,420 | €42,979 | -€23,441 | -35.3% |
| Other amounts receivable | 41 | €66,420 | €42,979 | -€23,441 | -35.3% |
| Cash at bank and in hand | 54/58 | €5,729 | €6,277 | +€547 | +9.6% |
| Deferred charges and accrued income | 490/1 | €3,193 | €1,431 | -€1,762 | -55.2% |
| Total equity and liabilities | 10/49 | €76,692 | €52,037 | -€24,655 | -32.1% |
| Equity | 10/15 | €45,489 | €37,245 | -€8,244 | -18.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €686 | €686 | = | 0.0% |
| Non-distributable reserves | 130/1 | €686 | - | -€686 | |
| Legal reserve | 130 | €686 | - | -€686 | |
| Distributable reserves | 133 | - | €686 | +€686 | |
| Profit (loss) carried forward | 14 | €43,803 | €35,559 | -€8,244 | -18.8% |
| Amounts payable | 17/49 | €31,204 | €14,793 | -€16,411 | -52.6% |
| Amounts payable within one year | 42/48 | €30,904 | €14,793 | -€16,111 | -52.1% |
| Trade debts | 44 | €1,234 | €164 | -€1,071 | -86.7% |
| Suppliers | 440/4 | €1,234 | €164 | -€1,071 | -86.7% |
| Taxes, remuneration and social security | 45 | €29,669 | €14,629 | -€15,041 | -50.7% |
| Taxes | 450/3 | €27,574 | €3,510 | -€24,064 | -87.3% |
| Remuneration and social security | 454/9 | €2,095 | €11,119 | +€9,024 | +431% |
| Accrued charges and deferred income | 492/3 | €300 | - | -€300 | |
| Non-recurring operating income | 76A | €2,146 | - | -€2,146 | |
| Remuneration, social security and pensions | 62 | €23,965 | €37,704 | +€13,739 | +57.3% |
| Other operating charges | 640/8 | €20,100 | €14,000 | -€6,100 | -30.3% |
| Gross operating margin | 9900 | €64,956 | €52,761 | -€12,194 | -18.8% |
| Operating profit (loss) | 9901 | €20,890 | €1,057 | -€19,833 | -94.9% |
| Financial charges | 65/66B | €1,339 | €1,252 | -€87 | -6.5% |
| Recurring financial charges | 65 | €1,339 | €1,252 | -€87 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €19,551 | -€195 | -€19,746 | |
| Income taxes | 67/77 | - | €8,050 | +€8,050 | |
| Profit (loss) for the period | 9904 | €19,551 | -€8,244 | -€27,796 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,551 | -€8,244 | -€27,796 |
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 26 October 2026 via checked.be.