TRANSFORM HABITAT: what changed
Two fiscal 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.
TRANSFORM HABITAT
Largest movements
- Tangible fixed assets -€32,621
down €32,621 (-3.7%), from €877,137 to €844,517
of which Land and buildings: -€25,530
- Debts after one year -€48,511
down €48,511 (-27.8%), from €174,710 to €126,199
- Profit (loss) carried forward +€15,036
up €15,036 (+5.8%), from €260,562 to €275,598
- Other debts -€10,914
down €10,914 (-3.5%), from €310,984 to €300,070
- Depreciation -€14,054
down €14,054 (-25.9%), from €54,361 to €40,307
- Staff costs +€9,717
up €9,717 (+60.1%), from €16,172 to €25,888
- Taxes +€5,011
up €5,011 (+110.9%), from €4,518 to €9,530
- Gross operating margin +€4,057
up €4,057 (+4.0%), from €100,425 to €104,482
- Write-downs -€3,755
no longer reported in 2025 (was €3,755)
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €879,240 | €846,003 | -€33,237 | -3.8% |
| Fixed assets | 21/28 | €878,624 | €846,003 | -€32,621 | -3.7% |
| Tangible fixed assets | 22/27 | €877,137 | €844,517 | -€32,621 | -3.7% |
| Land and buildings | 22 | €843,455 | €817,926 | -€25,530 | -3.0% |
| Furniture and vehicles | 24 | €33,682 | €26,591 | -€7,091 | -21.1% |
| Financial fixed assets | 28 | €1,486 | €1,486 | = | 0.0% |
| Current assets | 29/58 | €616 | - | -€616 | |
| Deferred charges and accrued income | 490/1 | €616 | - | -€616 | |
| Total equity and liabilities | 10/49 | €879,240 | €846,003 | -€33,237 | -3.8% |
| Equity | 10/15 | €318,192 | €330,959 | +€12,767 | +4.0% |
| Contributions | 10/11 | €7,313 | €7,313 | = | 0.0% |
| Revaluation surpluses | 12 | €25,852 | €25,852 | = | 0.0% |
| Reserves | 13 | €24,465 | €22,196 | -€2,269 | -9.3% |
| Tax-exempt reserves | 132 | €22,606 | €20,336 | -€2,269 | -10.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €260,562 | €275,598 | +€15,036 | +5.8% |
| Provisions and deferred taxes | 16 | €5,202 | €4,445 | -€756 | -14.5% |
| Deferred taxes | 168 | €5,202 | €4,445 | -€756 | -14.5% |
| Amounts payable | 17/49 | €555,846 | €510,599 | -€45,247 | -8.1% |
| Amounts payable after more than one year | 17 | €174,710 | €126,199 | -€48,511 | -27.8% |
| Financial debts | 170/4 | €174,710 | €126,199 | -€48,511 | -27.8% |
| Amounts payable within one year | 42/48 | €381,136 | €384,400 | +€3,264 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €47,049 | €48,511 | +€1,462 | +3.1% |
| Financial debts | 43 | €413 | €6,193 | +€5,780 | +1398.0% |
| Credit institutions | 430/8 | €413 | €6,193 | +€5,780 | +1398.0% |
| Trade debts | 44 | €4,229 | €9,189 | +€4,960 | +117.3% |
| Suppliers | 440/4 | €4,229 | €9,189 | +€4,960 | +117.3% |
| Taxes, remuneration and social security | 45 | €18,460 | €20,436 | +€1,976 | +10.7% |
| Taxes | 450/3 | €16,643 | €17,176 | +€533 | +3.2% |
| Remuneration and social security | 454/9 | €1,817 | €3,260 | +€1,443 | +79.4% |
| Other amounts payable | 47/48 | €310,984 | €300,070 | -€10,914 | -3.5% |
| Remuneration, social security and pensions | 62 | €16,172 | €25,888 | +€9,717 | +60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,361 | €40,307 | -€14,054 | -25.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,755 | - | -€3,755 | |
| Other operating charges | 640/8 | €9,126 | €9,306 | +€179 | +2.0% |
| Gross operating margin | 9900 | €100,425 | €104,482 | +€4,057 | +4.0% |
| Operating profit (loss) | 9901 | €17,011 | €28,981 | +€11,971 | +70.4% |
| Financial income | 75/76B | €427 | €216 | -€210 | -49.3% |
| Recurring financial income | 75 | €427 | €216 | -€210 | -49.3% |
| Financial charges | 65/66B | €6,582 | €7,658 | +€1,076 | +16.3% |
| Recurring financial charges | 65 | €6,582 | €7,658 | +€1,076 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €10,856 | €21,540 | +€10,684 | +98.4% |
| Transfer from deferred taxes | 780 | €756 | €756 | = | 0.0% |
| Income taxes | 67/77 | €4,518 | €9,530 | +€5,011 | +110.9% |
| Profit (loss) for the period | 9904 | €7,094 | €12,767 | +€5,673 | +80.0% |
| Transfer from tax-exempt reserves | 789 | €2,269 | €2,269 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,363 | €15,036 | +€5,673 | +60.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.