Woonsprong: 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.
What changed
Woonsprong
NACE 41.001, General construction of residential buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€4.0m
2024 · €1.5m-€5.4m
Equity
€68.3m
2024 · €70.2m-€2.0m
Cash
€11.8m
2024 · €16.3m-€4.4m
Balance sheet total
€382.0m
2024 · €353.9m+€28.1m
Largest movements
Assets
- Tangible fixed assets +€29.8m
up €29.8m (+9.3%), from €322.4m to €352.2m
of which Land and buildings: +€29.6m
- Cash -€4.4m
down €4.4m (-27.2%), from €16.3m to €11.8m
mainly Investment in fixed assets (net) (-€39.4m) and Net result for the year (-€4.0m)
Equity and liabilities
- Debts after one year +€23.0m
up €23.0m (+8.9%), from €257.9m to €280.9m
of which Financial debts: +€22.7m
- Current portion of long-term debt +€5.4m
up €5.4m (+50.5%), from €10.7m to €16.1m
- Profit (loss) carried forward -€4.0m
down €4.0m, from €1.4m to -€2.5m
Income statement
- Services and other goods +€3.0m
up €3.0m (+29.7%), from €10.1m to €13.1m
- Turnover -€2.9m
down €2.9m (-10.4%), from €28.2m to €25.3m
- Goods and materials -€2.7m
down €2.7m (-94.6%), from €2.8m to €153,286
of which Change in stocks: decrease (increase): -€4.2m
- Provisions +€1.3m
up €1.3m (+89.9%), from -€1.5m to -€149,105
- Financial charges +€1.1m
up €1.1m (+19.7%), from €5.5m to €6.5m
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.
Result 2024
€1.5m
Turnover
-€2.9m
Other operating income
+€846,588
Goods and materials
+€2.7m
Services and other goods
-€3.0m
Staff costs
-€755,395
Depreciation
-€681,862
Write-downs
-€732,004
Provisions
-€1.3m
Other operating charges
+€443,974
Other operating items
+€224,714
Financial income
+€889,613
Financial charges
-€1.1m
Taxes
-€15,003
Deferred taxes and other
+€115
Result 2025
-€4.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€4.5m
Investment
-€39.4m
Financing
+€30.4m
Cash 2024
€16.3m
From operations (derived)
+€4.5m
Net result for the year
-€4.0m
Depreciation
+€9.5m
Stocks and contracts
-€1.9m
Receivables within one year
-€347,533
Deferred charges and accrued income
-€292,491
Provisions
-€160,700
Trade debts
+€1.9m
Tax, wage and social debts
+€79,652
Other debts
+€438,382
Accrued charges and deferred income
-€630,243
Investment (derived)
-€39.4m
Investment in fixed assets (net)
-€39.4m
Financing
+€30.4m
Debts after one year
+€23.0m
Current portion of long-term debt
+€5.4m
Contributions, distributions and other
+€2.0m
Cash 2025
€11.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €353,916,681 | €381,987,989 | +€28.1m | +7.9% |
| Formation expenses | 20 | €200,210 | €295,554 | +€95,344 | +47.6% |
| Fixed assets | 21/28 | €322,437,564 | €352,301,033 | +€29.9m | +9.3% |
| Intangible fixed assets | 21 | €32,941 | €48,824 | +€15,883 | +48.2% |
| Tangible fixed assets | 22/27 | €322,370,603 | €352,218,189 | +€29.8m | +9.3% |
| Land and buildings | 22 | €286,548,738 | €316,160,753 | +€29.6m | +10.3% |
| Plant, machinery and equipment | 23 | €70,604 | €53,580 | -€17,024 | -24.1% |
| Furniture and vehicles | 24 | €276,362 | €246,610 | -€29,752 | -10.8% |
| Leasing and similar rights | 25 | €2,162 | - | -€2,162 | |
| Assets under construction and advance payments | 27 | €35,472,737 | €35,757,246 | +€284,509 | +0.8% |
| Financial fixed assets | 28 | €34,020 | €34,020 | -€0 | 0.0% |
| Other financial fixed assets | 284/8 | €34,020 | €34,020 | -€0 | 0.0% |
| Shares | 284 | €32,690 | €32,690 | -€0 | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,330 | €1,330 | +€0 | 0.0% |
| Current assets | 29/58 | €31,278,907 | €29,391,402 | -€1.9m | -6.0% |
| Stocks and contracts in progress | 3 | €7,885,220 | €9,788,609 | +€1.9m | +24.1% |
| Stocks | 30/36 | €7,885,220 | €9,788,609 | +€1.9m | +24.1% |
| Raw materials and consumables | 30/31 | €51,786 | €28,796 | -€22,990 | -44.4% |
| Property held for sale | 35 | €7,833,434 | €9,759,813 | +€1.9m | +24.6% |
| Amounts receivable within one year | 40/41 | €5,128,436 | €5,475,969 | +€347,533 | +6.8% |
| Trade receivables | 40 | €1,148,312 | €822,008 | -€326,304 | -28.4% |
| Other amounts receivable | 41 | €3,980,125 | €4,653,961 | +€673,836 | +16.9% |
| Cash at bank and in hand | 54/58 | €16,279,217 | €11,848,299 | -€4.4m | -27.2% |
| Deferred charges and accrued income | 490/1 | €1,986,034 | €2,278,525 | +€292,491 | +14.7% |
| Total equity and liabilities | 10/49 | €353,916,681 | €381,987,989 | +€28.1m | +7.9% |
| Equity | 10/15 | €70,233,263 | €68,281,719 | -€2.0m | -2.8% |
| Contributions | 10/11 | €264,981 | €268,343 | +€3,362 | +1.3% |
| Revaluation surpluses | 12 | €213,652 | €213,652 | +€0 | 0.0% |
| Reserves | 13 | €46,236,320 | €48,558,446 | +€2.3m | +5.0% |
| Non-distributable reserves | 130/1 | €38,166,855 | €38,166,855 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €38,166,855 | €38,166,855 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €8,069,465 | €10,391,591 | +€2.3m | +28.8% |
| Profit (loss) carried forward | 14 | €1,417,005 | -€2,543,726 | -€4.0m | |
| Investment grants | 15 | €22,101,305 | €21,785,004 | -€316,301 | -1.4% |
| Provisions and deferred taxes | 16 | €4,594,340 | €4,433,640 | -€160,700 | -3.5% |
| Provisions for liabilities and charges | 160/5 | €3,633,374 | €3,484,270 | -€149,104 | -4.1% |
| Major repairs and maintenance | 162 | €2,847,197 | €2,754,270 | -€92,927 | -3.3% |
| Other liabilities and charges | 164/5 | €786,178 | €730,000 | -€56,178 | -7.1% |
| Deferred taxes | 168 | €960,966 | €949,370 | -€11,596 | -1.2% |
| Amounts payable | 17/49 | €279,089,078 | €309,272,630 | +€30.2m | +10.8% |
| Amounts payable after more than one year | 17 | €257,860,464 | €280,894,166 | +€23.0m | +8.9% |
| Financial debts | 170/4 | €255,359,859 | €278,091,181 | +€22.7m | +8.9% |
| Credit institutions | 173 | €255,359,859 | €278,091,181 | +€22.7m | +8.9% |
| Other amounts payable | 178/9 | €2,500,605 | €2,802,985 | +€302,380 | +12.1% |
| Amounts payable within one year | 42/48 | €18,462,528 | €26,242,620 | +€7.8m | +42.1% |
| Current portion of amounts payable after more than one year | 42 | €10,676,463 | €16,067,568 | +€5.4m | +50.5% |
| Trade debts | 44 | €3,716,585 | €5,587,538 | +€1.9m | +50.3% |
| Suppliers | 440/4 | €3,716,585 | €5,587,538 | +€1.9m | +50.3% |
| Taxes, remuneration and social security | 45 | €3,200,383 | €3,280,035 | +€79,652 | +2.5% |
| Taxes | 450/3 | €2,194,587 | €2,371,022 | +€176,435 | +8.0% |
| Remuneration and social security | 454/9 | €1,005,796 | €909,013 | -€96,783 | -9.6% |
| Other amounts payable | 47/48 | €869,097 | €1,307,479 | +€438,382 | +50.4% |
| Accrued charges and deferred income | 492/3 | €2,766,087 | €2,135,844 | -€630,243 | -22.8% |
| Operating income | 70/76A | €33,622,336 | €31,949,431 | -€1.7m | -5.0% |
| Turnover | 70 | €28,207,068 | €25,263,982 | -€2.9m | -10.4% |
| Own construction capitalised | 72 | €335,564 | €736,635 | +€401,071 | +120% |
| Other operating income | 74 | €3,822,298 | €4,668,886 | +€846,588 | +22.1% |
| Non-recurring operating income | 76A | €1,257,406 | €1,279,928 | +€22,522 | +1.8% |
| Operating charges | 60/66A | €30,588,556 | €34,163,469 | +€3.6m | +11.7% |
| Goods for resale, raw materials and consumables | 60 | €2,843,430 | €153,286 | -€2.7m | -94.6% |
| Purchases | 600/8 | €1,621,760 | €3,131,405 | +€1.5m | +93.1% |
| Change in stocks: decrease (increase) | 609 | €1,221,670 | -€2,978,119 | -€4.2m | |
| Services and other goods | 61 | €10,127,604 | €13,137,625 | +€3.0m | +29.7% |
| Remuneration, social security and pensions | 62 | €7,315,895 | €8,071,290 | +€755,395 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,773,063 | €9,454,925 | +€681,862 | +7.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €198,042 | €930,046 | +€732,004 | +370% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,479,975 | -€149,105 | +€1.3m | +89.9% |
| Other operating charges | 640/8 | €2,910,372 | €2,466,398 | -€443,974 | -15.3% |
| Operating charges capitalised as restructuring costs | 649 | -€99,875 | - | +€99,875 | |
| Non-recurring operating charges | 66A | - | €99,004 | +€99,004 | |
| Operating profit (loss) | 9901 | €3,033,780 | -€2,214,038 | -€5.2m | |
| Financial income | 75/76B | €3,885,805 | €4,775,418 | +€889,613 | +22.9% |
| Recurring financial income | 75 | €3,885,805 | €4,775,418 | +€889,613 | +22.9% |
| Income from financial fixed assets | 750 | €1,249 | €218 | -€1,031 | -82.5% |
| Income from current assets | 751 | €235,728 | €181,990 | -€53,738 | -22.8% |
| Other financial income | 752/9 | €3,648,829 | €4,593,210 | +€944,381 | +25.9% |
| Financial charges | 65/66B | €5,461,155 | €6,535,822 | +€1.1m | +19.7% |
| Recurring financial charges | 65 | €5,461,155 | €6,535,822 | +€1.1m | +19.7% |
| Debt charges | 650 | €5,453,051 | €6,528,327 | +€1.1m | +19.7% |
| Other financial charges | 652/9 | €8,104 | €7,495 | -€609 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €1,458,429 | -€3,974,442 | -€5.4m | |
| Transfer from deferred taxes | 780 | €26,686 | €26,801 | +€115 | +0.4% |
| Income taxes | 67/77 | -€1,913 | €13,090 | +€15,003 | |
| Taxes | 670/3 | €920 | €13,090 | +€12,171 | +1,324% |
| Tax adjustments and reversals of tax provisions | 77 | €2,833 | - | -€2,833 | |
| Profit (loss) for the period | 9904 | €1,487,028 | -€3,960,731 | -€5.4m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,487,028 | -€3,960,731 | -€5.4m |
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 15 October 2026 via checked.be.