Student Homes: 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.
Student Homes
Largest movements
- Stocks and contracts +€498,315
up €498,315 (+323%), from €154,088 to €652,403
- Receivables within one year +€117,563
up €117,563 (+5,039%), from €2,333 to €119,896
of which Other amounts receivable: +€119,896
- Trade debts +€694,831
up €694,831 (+33,809%), from €2,055 to €696,886
- Profit (loss) carried forward -€94,578
down €94,578 (-625%), from -€15,140 to -€109,718
- Other debts +€15,000
up €15,000 (+7.2%), from €209,135 to €224,135
- Gross operating margin -€104,715
down €104,715, from €12,340 to -€92,375
- Financial income +€3,768
up €3,768 (+6,279,633%), from €0 to €3,768
of which Non-recurring financial income: +€3,768
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 | €264,496 | €879,750 | +€615,253 | +233% |
| Fixed assets | 21/28 | €99,273 | €95,728 | -€3,545 | -3.6% |
| Tangible fixed assets | 22/27 | €99,273 | €95,728 | -€3,545 | -3.6% |
| Land and buildings | 22 | €99,273 | €95,728 | -€3,545 | -3.6% |
| Current assets | 29/58 | €165,223 | €784,022 | +€618,798 | +375% |
| Stocks and contracts in progress | 3 | €154,088 | €652,403 | +€498,315 | +323% |
| Contracts in progress | 37 | €154,088 | €652,403 | +€498,315 | +323% |
| Amounts receivable within one year | 40/41 | €2,333 | €119,896 | +€117,563 | +5,039% |
| Trade receivables | 40 | €2,333 | - | -€2,333 | |
| Other amounts receivable | 41 | - | €119,896 | +€119,896 | |
| Cash at bank and in hand | 54/58 | €7,772 | €10,814 | +€3,042 | +39.1% |
| Deferred charges and accrued income | 490/1 | €1,030 | €908 | -€122 | -11.8% |
| Total equity and liabilities | 10/49 | €264,496 | €879,750 | +€615,253 | +233% |
| Equity | 10/15 | €53,060 | -€41,518 | -€94,578 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,140 | -€109,718 | -€94,578 | -625% |
| Amounts payable | 17/49 | €211,437 | €921,268 | +€709,831 | +336% |
| Amounts payable within one year | 42/48 | €211,390 | €921,221 | +€709,831 | +336% |
| Trade debts | 44 | €2,055 | €696,886 | +€694,831 | +33,809% |
| Suppliers | 440/4 | €2,055 | €696,886 | +€694,831 | +33,809% |
| Taxes, remuneration and social security | 45 | €200 | €200 | = | 0.0% |
| Taxes | 450/3 | €200 | €200 | = | 0.0% |
| Other amounts payable | 47/48 | €209,135 | €224,135 | +€15,000 | +7.2% |
| Accrued charges and deferred income | 492/3 | €46 | €46 | = | 0.0% |
| Non-recurring operating income | 76A | €20,240 | - | -€20,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,545 | €3,545 | = | 0.0% |
| Other operating charges | 640/8 | €1,724 | €1,758 | +€34 | +2.0% |
| Gross operating margin | 9900 | €12,340 | -€92,375 | -€104,715 | |
| Operating profit (loss) | 9901 | €7,071 | -€97,679 | -€104,749 | |
| Financial income | 75/76B | €0 | €3,768 | +€3,768 | +6,279,633% |
| Recurring financial income | 75 | €0 | €3,768 | +€3,768 | +6,279,633% |
| Non-recurring financial income | 76B | - | €3,768 | +€3,768 | |
| Financial charges | 65/66B | €657 | €667 | +€10 | +1.5% |
| Recurring financial charges | 65 | €657 | €667 | +€10 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €6,414 | -€94,578 | -€100,991 | |
| Profit (loss) for the period | 9904 | €6,414 | -€94,578 | -€100,991 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,414 | -€94,578 | -€100,991 |
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 18 October 2026 via checked.be.