HO+ME: 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.
HO+ME
Largest movements
- Receivables after one year -€12,000
down €12,000 (-40.0%), from €30,000 to €18,000
- Receivables within one year -€4,594
down €4,594 (-57.2%), from €8,025 to €3,431
of which Trade receivables: -€4,777
- Tangible fixed assets -€678
down €678 (-49.3%), from €1,376 to €698
of which Plant, machinery and equipment: -€511
- Profit (loss) carried forward -€23,856
down €23,856 (-86.4%), from -€27,612 to -€51,468
- Advances received +€5,960
new in 2025: €5,960
- Trade debts -€2,311
down €2,311 (-44.7%), from €5,176 to €2,864
- Other debts +€2,286
up €2,286, from €0 to €2,286
- Tax, wage and social debts +€598
up €598 (+413%), from €145 to €743
- Gross operating margin -€5,338
down €5,338 (-33.5%), from -€15,919 to -€21,257
- Other operating charges +€434
up €434 (+39.8%), from €1,092 to €1,526
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 | €39,683 | €22,360 | -€17,323 | -43.7% |
| Fixed assets | 21/28 | €1,376 | €698 | -€678 | -49.3% |
| Tangible fixed assets | 22/27 | €1,376 | €698 | -€678 | -49.3% |
| Plant, machinery and equipment | 23 | €920 | €409 | -€511 | -55.6% |
| Furniture and vehicles | 24 | €456 | €290 | -€167 | -36.5% |
| Current assets | 29/58 | €38,307 | €21,662 | -€16,645 | -43.5% |
| Amounts receivable after more than one year | 29 | €30,000 | €18,000 | -€12,000 | -40.0% |
| Other amounts receivable | 291 | €30,000 | €18,000 | -€12,000 | -40.0% |
| Amounts receivable within one year | 40/41 | €8,025 | €3,431 | -€4,594 | -57.2% |
| Trade receivables | 40 | €6,288 | €1,511 | -€4,777 | -76.0% |
| Other amounts receivable | 41 | €1,737 | €1,920 | +€183 | +10.5% |
| Cash at bank and in hand | 54/58 | €147 | €172 | +€25 | +16.8% |
| Deferred charges and accrued income | 490/1 | €135 | €59 | -€76 | -56.3% |
| Total equity and liabilities | 10/49 | €39,683 | €22,360 | -€17,323 | -43.7% |
| Equity | 10/15 | €34,363 | €10,507 | -€23,856 | -69.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €49,575 | €49,575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €49,575 | €49,575 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,612 | -€51,468 | -€23,856 | -86.4% |
| Amounts payable | 17/49 | €5,320 | €11,853 | +€6,533 | +123% |
| Amounts payable within one year | 42/48 | €5,320 | €11,853 | +€6,533 | +123% |
| Trade debts | 44 | €5,176 | €2,864 | -€2,311 | -44.7% |
| Suppliers | 440/4 | €5,176 | €2,864 | -€2,311 | -44.7% |
| Advances received on contracts in progress | 46 | - | €5,960 | +€5,960 | |
| Taxes, remuneration and social security | 45 | €145 | €743 | +€598 | +413% |
| Taxes | 450/3 | €145 | €743 | +€598 | +413% |
| Other amounts payable | 47/48 | €0 | €2,286 | +€2,286 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,228 | €1,103 | -€125 | -10.2% |
| Other operating charges | 640/8 | €1,092 | €1,526 | +€434 | +39.8% |
| Gross operating margin | 9900 | -€15,919 | -€21,257 | -€5,338 | -33.5% |
| Operating profit (loss) | 9901 | -€18,239 | -€23,886 | -€5,647 | -31.0% |
| Financial income | 75/76B | €489 | €441 | -€48 | -9.8% |
| Recurring financial income | 75 | €489 | €441 | -€48 | -9.8% |
| Financial charges | 65/66B | €216 | €266 | +€50 | +23.2% |
| Recurring financial charges | 65 | €216 | €266 | +€50 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,966 | -€23,711 | -€5,745 | -32.0% |
| Income taxes | 67/77 | €145 | €145 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€18,110 | -€23,856 | -€5,745 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,110 | -€23,856 | -€5,745 | -31.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.