THE HOUSE FRIEND: 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.
THE HOUSE FRIEND
Largest movements
- Receivables within one year -€74,937
down €74,937 (-49.3%), from €151,910 to €76,973
of which Trade receivables: -€68,256
- Cash +€16,069
up €16,069 (+25.4%), from €63,185 to €79,254
mainly Receivables within one year (+€74,937) and Net result for the year (+€20,446)
- Deferred charges and accrued income +€8,114
new in 2025: €8,114
- Trade debts -€67,061
down €67,061 (-49.1%), from €136,589 to €69,529
- Reserves +€20,446
up €20,446 (+98.1%), from €20,852 to €41,298
- Other debts -€13,290
down €13,290 (-89.1%), from €14,922 to €1,632
- Tax, wage and social debts +€9,151
up €9,151 (+37.9%), from €24,131 to €33,282
- Gross operating margin -€21,882
down €21,882 (-39.1%), from €56,032 to €34,149
- Taxes -€4,834
down €4,834 (-29.5%), from €16,362 to €11,528
- Other operating charges -€902
down €902 (-38.3%), from €2,354 to €1,453
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 | €215,094 | €164,341 | -€50,753 | -23.6% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €215,094 | €164,341 | -€50,753 | -23.6% |
| Amounts receivable within one year | 40/41 | €151,910 | €76,973 | -€74,937 | -49.3% |
| Trade receivables | 40 | €78,198 | €9,941 | -€68,256 | -87.3% |
| Other amounts receivable | 41 | €73,712 | €67,032 | -€6,680 | -9.1% |
| Cash at bank and in hand | 54/58 | €63,185 | €79,254 | +€16,069 | +25.4% |
| Deferred charges and accrued income | 490/1 | - | €8,114 | +€8,114 | |
| Total equity and liabilities | 10/49 | €215,094 | €164,341 | -€50,753 | -23.6% |
| Equity | 10/15 | €39,452 | €59,898 | +€20,446 | +51.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,852 | €41,298 | +€20,446 | +98.1% |
| Distributable reserves | 133 | €20,852 | €41,298 | +€20,446 | +98.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €175,642 | €104,443 | -€71,200 | -40.5% |
| Amounts payable within one year | 42/48 | €175,642 | €104,443 | -€71,200 | -40.5% |
| Trade debts | 44 | €136,589 | €69,529 | -€67,061 | -49.1% |
| Suppliers | 440/4 | €136,589 | €69,529 | -€67,061 | -49.1% |
| Taxes, remuneration and social security | 45 | €24,131 | €33,282 | +€9,151 | +37.9% |
| Taxes | 450/3 | €24,131 | €33,282 | +€9,151 | +37.9% |
| Other amounts payable | 47/48 | €14,922 | €1,632 | -€13,290 | -89.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €516 | €0 | -€516 | -100% |
| Other operating charges | 640/8 | €2,354 | €1,453 | -€902 | -38.3% |
| Gross operating margin | 9900 | €56,032 | €34,149 | -€21,882 | -39.1% |
| Operating profit (loss) | 9901 | €53,161 | €32,696 | -€20,465 | -38.5% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €518 | €727 | +€209 | +40.3% |
| Recurring financial charges | 65 | €518 | €727 | +€209 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €52,643 | €31,974 | -€20,669 | -39.3% |
| Income taxes | 67/77 | €16,362 | €11,528 | -€4,834 | -29.5% |
| Profit (loss) for the period | 9904 | €36,281 | €20,446 | -€15,834 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,281 | €20,446 | -€15,834 | -43.6% |
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 31 October 2026 via checked.be.