H.O.M.E.: 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.
H.O.M.E.
Largest movements
- Tangible fixed assets -€146,206
down €146,206 (-2.0%), from €7.4m to €7.2m
of which Land and buildings: -€151,571
- Cash -€124,983
down €124,983 (-34.8%), from €358,999 to €234,016
mainly Other debts (-€348,478) and Net result for the year (-€100,628)
- Other debts -€348,478
down €348,478 (-15.5%), from €2.3m to €1.9m
- Debts after one year +€201,952
up €201,952 (+3.8%), from €5.3m to €5.5m
- Profit (loss) carried forward -€100,628
down €100,628 (-37.2%), from -€270,370 to -€370,998
- Gross operating margin +€208,511
up €208,511 (+156.5%), from €133,258 to €341,769
- Depreciation +€53,942
up €53,942 (+54.6%), from €98,755 to €152,698
- Financial charges -€50,997
down €50,997 (-16.8%), from €303,689 to €252,692
- Other operating charges +€27,306
up €27,306 (+2306.1%), from €1,184 to €28,490
- Write-downs +€8,522
new in 2025: €8,522
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
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 | €7,761,409 | €7,495,627 | -€265,782 | -3.4% |
| Fixed assets | 21/28 | €7,360,856 | €7,214,650 | -€146,206 | -2.0% |
| Tangible fixed assets | 22/27 | €7,360,856 | €7,214,650 | -€146,206 | -2.0% |
| Land and buildings | 22 | €7,352,707 | €7,201,136 | -€151,571 | -2.1% |
| Plant, machinery and equipment | 23 | €8,148 | €13,514 | +€5,366 | +65.8% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €400,553 | €280,977 | -€119,577 | -29.9% |
| Amounts receivable within one year | 40/41 | €36,933 | €39,814 | +€2,881 | +7.8% |
| Trade receivables | 40 | €36,933 | €39,814 | +€2,881 | +7.8% |
| Cash at bank and in hand | 54/58 | €358,999 | €234,016 | -€124,983 | -34.8% |
| Deferred charges and accrued income | 490/1 | €4,622 | €7,147 | +€2,525 | +54.6% |
| Total equity and liabilities | 10/49 | €7,761,409 | €7,495,627 | -€265,782 | -3.4% |
| Equity | 10/15 | €145,306 | €44,678 | -€100,628 | -69.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €395,676 | €395,676 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €395,676 | €395,676 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€270,370 | -€370,998 | -€100,628 | -37.2% |
| Amounts payable | 17/49 | €7,616,103 | €7,450,949 | -€165,154 | -2.2% |
| Amounts payable after more than one year | 17 | €5,259,173 | €5,461,126 | +€201,952 | +3.8% |
| Financial debts | 170/4 | €5,259,173 | €5,461,126 | +€201,952 | +3.8% |
| Amounts payable within one year | 42/48 | €2,286,378 | €1,956,506 | -€329,872 | -14.4% |
| Trade debts | 44 | €36,120 | €54,726 | +€18,605 | +51.5% |
| Suppliers | 440/4 | €36,120 | €54,726 | +€18,605 | +51.5% |
| Other amounts payable | 47/48 | €2,250,258 | €1,901,780 | -€348,478 | -15.5% |
| Accrued charges and deferred income | 492/3 | €70,551 | €33,317 | -€37,234 | -52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,755 | €152,698 | +€53,942 | +54.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,522 | +€8,522 | |
| Other operating charges | 640/8 | €1,184 | €28,490 | +€27,306 | +2306.1% |
| Gross operating margin | 9900 | €133,258 | €341,769 | +€208,511 | +156.5% |
| Operating profit (loss) | 9901 | €33,319 | €152,058 | +€118,740 | +356.4% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €303,689 | €252,692 | -€50,997 | -16.8% |
| Recurring financial charges | 65 | €303,689 | €252,692 | -€50,997 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€270,370 | -€100,628 | +€169,742 | +62.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€270,370 | -€100,628 | +€169,742 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€270,370 | -€100,628 | +€169,742 | +62.8% |
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 5 October 2026 via checked.be.