El Homes: 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.
El Homes
Largest movements
- Receivables within one year +€261,132
up €261,132 (+51.2%), from €510,000 to €771,132
- Cash -€249,159
down €249,159 (-94.8%), from €262,747 to €13,588
mainly Receivables within one year (-€261,132) and Deferred charges and accrued income (-€27,556)
- Deferred charges and accrued income +€27,556
up €27,556 (+7,643%), from €361 to €27,917
- Tangible fixed assets -€16,166
down €16,166 (-2.6%), from €619,759 to €603,593
of which Land and buildings: -€15,528
- Reserves +€28,091
up €28,091 (+154%), from €18,197 to €46,288
- Debts after one year -€18,834
down €18,834 (-4.4%), from €423,870 to €405,036
- Gross operating margin -€37,666
down €37,666 (-37.5%), from €100,410 to €62,744
- Financial income +€27,738
up €27,738 (+5,241%), from €529 to €28,267
- Depreciation -€8,824
down €8,824 (-35.3%), from €24,990 to €16,166
- Financial charges +€8,638
up €8,638 (+33.5%), from €25,805 to €34,443
- Taxes +€4,013
up €4,013 (+56.4%), from €7,116 to €11,129
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 | €1,395,367 | €1,418,730 | +€23,363 | +1.7% |
| Fixed assets | 21/28 | €622,259 | €606,093 | -€16,166 | -2.6% |
| Tangible fixed assets | 22/27 | €619,759 | €603,593 | -€16,166 | -2.6% |
| Land and buildings | 22 | €618,249 | €602,721 | -€15,528 | -2.5% |
| Furniture and vehicles | 24 | €1,510 | €872 | -€638 | -42.3% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €773,108 | €812,637 | +€39,529 | +5.1% |
| Amounts receivable within one year | 40/41 | €510,000 | €771,132 | +€261,132 | +51.2% |
| Other amounts receivable | 41 | €510,000 | €771,132 | +€261,132 | +51.2% |
| Cash at bank and in hand | 54/58 | €262,747 | €13,588 | -€249,159 | -94.8% |
| Deferred charges and accrued income | 490/1 | €361 | €27,917 | +€27,556 | +7,643% |
| Total equity and liabilities | 10/49 | €1,395,367 | €1,418,730 | +€23,363 | +1.7% |
| Equity | 10/15 | €680,197 | €708,288 | +€28,091 | +4.1% |
| Contributions | 10/11 | €662,000 | €662,000 | = | 0.0% |
| Reserves | 13 | €18,197 | €46,288 | +€28,091 | +154% |
| Distributable reserves | 133 | €18,197 | €46,288 | +€28,091 | +154% |
| Amounts payable | 17/49 | €715,170 | €710,442 | -€4,728 | -0.7% |
| Amounts payable after more than one year | 17 | €423,870 | €405,036 | -€18,834 | -4.4% |
| Financial debts | 170/4 | €423,870 | €405,036 | -€18,834 | -4.4% |
| Amounts payable within one year | 42/48 | €286,096 | €290,604 | +€4,508 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €18,280 | €18,834 | +€554 | +3.0% |
| Trade debts | 44 | €29,159 | €22,577 | -€6,582 | -22.6% |
| Suppliers | 440/4 | €29,159 | €22,577 | -€6,582 | -22.6% |
| Taxes, remuneration and social security | 45 | €10,377 | €17,255 | +€6,878 | +66.3% |
| Taxes | 450/3 | €10,377 | €17,255 | +€6,878 | +66.3% |
| Other amounts payable | 47/48 | €228,280 | €231,937 | +€3,657 | +1.6% |
| Accrued charges and deferred income | 492/3 | €5,204 | €14,802 | +€9,599 | +184% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,990 | €16,166 | -€8,824 | -35.3% |
| Other operating charges | 640/8 | €1,937 | €1,182 | -€754 | -39.0% |
| Non-recurring operating charges | 66A | €22,894 | €0 | -€22,894 | -100% |
| Gross operating margin | 9900 | €100,410 | €62,744 | -€37,666 | -37.5% |
| Operating profit (loss) | 9901 | €50,589 | €45,396 | -€5,193 | -10.3% |
| Financial income | 75/76B | €529 | €28,267 | +€27,738 | +5,241% |
| Recurring financial income | 75 | €529 | €28,267 | +€27,738 | +5,241% |
| Financial charges | 65/66B | €25,805 | €34,443 | +€8,638 | +33.5% |
| Recurring financial charges | 65 | €25,805 | €34,443 | +€8,638 | +33.5% |
| Profit (loss) for the period before taxes | 9903 | €25,313 | €39,220 | +€13,907 | +54.9% |
| Income taxes | 67/77 | €7,116 | €11,129 | +€4,013 | +56.4% |
| Profit (loss) for the period | 9904 | €18,197 | €28,091 | +€9,894 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,197 | €28,091 | +€9,894 | +54.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.