SUMMER 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.
SUMMER HOUSE
Largest movements
- Current investments -€75,448
down €75,448 (-62.9%), from €120,000 to €44,552
- Cash +€66,716
up €66,716 (+95.5%), from €69,889 to €136,605
mainly Current investments (+€75,448) and Net result for the year (+€35,571)
- Tangible fixed assets +€3,358
up €3,358 (+27.4%), from €12,252 to €15,610
of which Furniture and vehicles: +€4,827
- Receivables within one year -€2,480
down €2,480 (-21.4%), from €11,581 to €9,101
of which Trade receivables: -€2,350
- Reserves -€17,490
down €17,490 (-9.8%), from €178,235 to €160,745
of which Distributable reserves: -€17,490
- Tax, wage and social debts +€8,442
up €8,442 (+93.1%), from €9,064 to €17,506
- Gross operating margin -€18,055
down €18,055 (-24.5%), from €73,764 to €55,710
- Financial income -€6,812
down €6,812 (-75.2%), from €9,061 to €2,249
- Taxes -€4,638
down €4,638 (-21.4%), from €21,629 to €16,992
- Depreciation -€1,781
down €1,781 (-31.4%), from €5,678 to €3,897
- Other operating charges +€788
up €788 (+140%), from €564 to €1,352
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 | €214,080 | €206,257 | -€7,822 | -3.7% |
| Fixed assets | 21/28 | €12,277 | €15,634 | +€3,358 | +27.4% |
| Tangible fixed assets | 22/27 | €12,252 | €15,610 | +€3,358 | +27.4% |
| Furniture and vehicles | 24 | €7,562 | €12,389 | +€4,827 | +63.8% |
| Other tangible fixed assets | 26 | €4,690 | €3,221 | -€1,469 | -31.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €201,803 | €190,623 | -€11,180 | -5.5% |
| Amounts receivable within one year | 40/41 | €11,581 | €9,101 | -€2,480 | -21.4% |
| Trade receivables | 40 | €11,451 | €9,101 | -€2,350 | -20.5% |
| Other amounts receivable | 41 | €130 | - | -€130 | |
| Current investments | 50/53 | €120,000 | €44,552 | -€75,448 | -62.9% |
| Cash at bank and in hand | 54/58 | €69,889 | €136,605 | +€66,716 | +95.5% |
| Deferred charges and accrued income | 490/1 | €333 | €364 | +€31 | +9.4% |
| Total equity and liabilities | 10/49 | €214,080 | €206,257 | -€7,822 | -3.7% |
| Equity | 10/15 | €204,779 | €187,289 | -€17,490 | -8.5% |
| Contributions | 10/11 | €26,544 | €26,544 | = | 0.0% |
| Reserves | 13 | €178,235 | €160,745 | -€17,490 | -9.8% |
| Non-distributable reserves | 130/1 | €2,654 | €2,654 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,654 | €2,654 | = | 0.0% |
| Distributable reserves | 133 | €175,581 | €158,091 | -€17,490 | -10.0% |
| Amounts payable | 17/49 | €9,300 | €18,968 | +€9,668 | +104% |
| Amounts payable within one year | 42/48 | €9,300 | €18,968 | +€9,668 | +104% |
| Trade debts | 44 | €237 | €1,462 | +€1,225 | +517% |
| Suppliers | 440/4 | €237 | €1,462 | +€1,225 | +517% |
| Taxes, remuneration and social security | 45 | €9,064 | €17,506 | +€8,442 | +93.1% |
| Taxes | 450/3 | €9,064 | €17,506 | +€8,442 | +93.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,678 | €3,897 | -€1,781 | -31.4% |
| Other operating charges | 640/8 | €564 | €1,352 | +€788 | +140% |
| Gross operating margin | 9900 | €73,764 | €55,710 | -€18,055 | -24.5% |
| Operating profit (loss) | 9901 | €67,523 | €50,460 | -€17,062 | -25.3% |
| Financial income | 75/76B | €9,061 | €2,249 | -€6,812 | -75.2% |
| Recurring financial income | 75 | €9,061 | €2,249 | -€6,812 | -75.2% |
| Financial charges | 65/66B | €117 | €147 | +€30 | +25.4% |
| Recurring financial charges | 65 | €117 | €147 | +€30 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €76,466 | €52,563 | -€23,904 | -31.3% |
| Income taxes | 67/77 | €21,629 | €16,992 | -€4,638 | -21.4% |
| Profit (loss) for the period | 9904 | €54,837 | €35,571 | -€19,266 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,837 | €35,571 | -€19,266 | -35.1% |
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 21 October 2026 via checked.be.