THOMAS HOUSSET CONSTRUCTION: 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.
THOMAS HOUSSET CONSTRUCTION
Largest movements
- Cash -€50,233
down €50,233 (-47.8%), from €105,044 to €54,811
mainly Other debts (-€54,369) and Debts after one year (-€33,195)
- Tangible fixed assets -€36,571
down €36,571 (-28.7%), from €127,483 to €90,912
of which Leasing and similar rights: -€22,744
- Intangible fixed assets -€21,800
down €21,800 (-16.0%), from €136,250 to €114,450
- Stocks and contracts -€15,630
down €15,630 (-100%), from €15,630 to €0
- Receivables within one year -€13,725
down €13,725 (-22.4%), from €61,335 to €47,610
of which Trade receivables: -€13,578
- Other debts -€54,369
down €54,369 (-38.9%), from €139,825 to €85,456
- Debts after one year -€33,195
down €33,195 (-30.7%), from €108,126 to €74,931
- Trade debts -€29,969
down €29,969 (-93.8%), from €31,957 to €1,988
- Tax, wage and social debts -€26,128
down €26,128 (-91.7%), from €28,506 to €2,378
of which Taxes: -€26,195
- Profit (loss) carried forward +€11,899
up €11,899 (+58.4%), from -€20,387 to -€8,488
- Financial charges -€63,201
down €63,201 (-82.0%), from €77,055 to €13,854
of which Financial charges: -€53,812
- Gross operating margin -€38,623
down €38,623 (-29.8%), from €129,456 to €90,833
- Depreciation -€17,302
down €17,302 (-22.9%), from €75,673 to €58,371
- Taxes +€4,341
up €4,341 (+594%), from €731 to €5,072
- Financial income -€2,841
down €2,841 (-78.3%), from €3,630 to €790
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 | €450,080 | €309,928 | -€140,153 | -31.1% |
| Fixed assets | 21/28 | €263,733 | €205,362 | -€58,371 | -22.1% |
| Intangible fixed assets | 21 | €136,250 | €114,450 | -€21,800 | -16.0% |
| Tangible fixed assets | 22/27 | €127,483 | €90,912 | -€36,571 | -28.7% |
| Plant, machinery and equipment | 23 | €26,198 | €15,165 | -€11,033 | -42.1% |
| Furniture and vehicles | 24 | €2,794 | €0 | -€2,794 | -100% |
| Leasing and similar rights | 25 | €98,492 | €75,747 | -€22,744 | -23.1% |
| Current assets | 29/58 | €186,347 | €104,565 | -€81,782 | -43.9% |
| Stocks and contracts in progress | 3 | €15,630 | €0 | -€15,630 | -100% |
| Stocks | 30/36 | €15,630 | €0 | -€15,630 | -100% |
| Amounts receivable within one year | 40/41 | €61,335 | €47,610 | -€13,725 | -22.4% |
| Trade receivables | 40 | €51,442 | €37,864 | -€13,578 | -26.4% |
| Other amounts receivable | 41 | €9,893 | €9,746 | -€147 | -1.5% |
| Cash at bank and in hand | 54/58 | €105,044 | €54,811 | -€50,233 | -47.8% |
| Deferred charges and accrued income | 490/1 | €4,338 | €2,144 | -€2,194 | -50.6% |
| Total equity and liabilities | 10/49 | €450,080 | €309,928 | -€140,153 | -31.1% |
| Equity | 10/15 | €100,843 | €111,952 | +€11,110 | +11.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €88,000 | €88,000 | = | 0.0% |
| Distributable reserves | 133 | €88,000 | €88,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,387 | -€8,488 | +€11,899 | +58.4% |
| Investment grants | 15 | €3,230 | €2,440 | -€790 | -24.4% |
| Amounts payable | 17/49 | €349,238 | €197,975 | -€151,262 | -43.3% |
| Amounts payable after more than one year | 17 | €108,126 | €74,931 | -€33,195 | -30.7% |
| Financial debts | 170/4 | €108,126 | €74,931 | -€33,195 | -30.7% |
| Amounts payable within one year | 42/48 | €241,112 | €123,017 | -€118,095 | -49.0% |
| Current portion of amounts payable after more than one year | 42 | €40,824 | €33,195 | -€7,629 | -18.7% |
| Trade debts | 44 | €31,957 | €1,988 | -€29,969 | -93.8% |
| Suppliers | 440/4 | €31,957 | €1,988 | -€29,969 | -93.8% |
| Taxes, remuneration and social security | 45 | €28,506 | €2,378 | -€26,128 | -91.7% |
| Taxes | 450/3 | €28,506 | €2,311 | -€26,195 | -91.9% |
| Remuneration and social security | 454/9 | €0 | €67 | +€67 | |
| Other amounts payable | 47/48 | €139,825 | €85,456 | -€54,369 | -38.9% |
| Accrued charges and deferred income | 492/3 | €0 | €27 | +€27 | |
| Remuneration, social security and pensions | 62 | €284 | €241 | -€43 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,673 | €58,371 | -€17,302 | -22.9% |
| Other operating charges | 640/8 | €1,924 | €2,186 | +€262 | +13.6% |
| Gross operating margin | 9900 | €129,456 | €90,833 | -€38,623 | -29.8% |
| Operating profit (loss) | 9901 | €51,575 | €30,036 | -€21,540 | -41.8% |
| Financial income | 75/76B | €3,630 | €790 | -€2,841 | -78.3% |
| Recurring financial income | 75 | €3,630 | €790 | -€2,841 | -78.3% |
| Financial charges | 65/66B | €77,055 | €13,854 | -€63,201 | -82.0% |
| Recurring financial charges | 65 | €67,666 | €13,854 | -€53,812 | -79.5% |
| Non-recurring financial charges | 66B | €9,389 | - | -€9,389 | |
| Profit (loss) for the period before taxes | 9903 | -€21,849 | €16,971 | +€38,821 | |
| Income taxes | 67/77 | €731 | €5,072 | +€4,341 | +594% |
| Profit (loss) for the period | 9904 | -€22,580 | €11,899 | +€34,479 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,580 | €11,899 | +€34,479 |
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 23 October 2026 via checked.be.