HOM: 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.
HOM
Largest movements
- Stocks and contracts +€114,005
up €114,005 (+30.0%), from €380,247 to €494,251
- Tangible fixed assets -€13,481
down €13,481 (-19.2%), from €70,171 to €56,690
- Receivables within one year -€9,799
down €9,799 (-13.6%), from €72,176 to €62,377
of which Other amounts receivable: -€42,738
- Trade debts +€45,863
up €45,863 (+290.3%), from €15,800 to €61,662
- Profit (loss) carried forward +€32,216
up €32,216 (+23.3%), from -€138,054 to -€105,838
- Other debts +€7,708
up €7,708 (+2.5%), from €307,505 to €315,213
- Gross operating margin +€70,596
up €70,596 (+1718.7%), from €4,108 to €74,704
- Other operating charges +€6,792
up €6,792 (+151.3%), from €4,488 to €11,280
- Financial charges +€1,373
up €1,373 (+8.5%), from €16,194 to €17,566
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 | €546,175 | €636,531 | +€90,357 | +16.5% |
| Fixed assets | 21/28 | €70,171 | €56,690 | -€13,481 | -19.2% |
| Tangible fixed assets | 22/27 | €70,171 | €56,690 | -€13,481 | -19.2% |
| Plant, machinery and equipment | 23 | €14,522 | €8,299 | -€6,224 | -42.9% |
| Furniture and vehicles | 24 | €1,903 | €814 | -€1,089 | -57.2% |
| Other tangible fixed assets | 26 | €53,745 | €47,577 | -€6,168 | -11.5% |
| Current assets | 29/58 | €476,004 | €579,842 | +€103,838 | +21.8% |
| Stocks and contracts in progress | 3 | €380,247 | €494,251 | +€114,005 | +30.0% |
| Stocks | 30/36 | €380,247 | €494,251 | +€114,005 | +30.0% |
| Amounts receivable within one year | 40/41 | €72,176 | €62,377 | -€9,799 | -13.6% |
| Trade receivables | 40 | €26,060 | €59,000 | +€32,940 | +126.4% |
| Other amounts receivable | 41 | €46,116 | €3,377 | -€42,738 | -92.7% |
| Cash at bank and in hand | 54/58 | €16,470 | €16,105 | -€365 | -2.2% |
| Deferred charges and accrued income | 490/1 | €7,111 | €7,108 | -€3 | 0.0% |
| Total equity and liabilities | 10/49 | €546,175 | €636,531 | +€90,357 | +16.5% |
| Equity | 10/15 | -€78,730 | -€46,514 | +€32,216 | +40.9% |
| Contributions | 10/11 | €11,324 | €11,324 | = | 0.0% |
| Reserves | 13 | €48,000 | €48,000 | = | 0.0% |
| Distributable reserves | 133 | €48,000 | €48,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€138,054 | -€105,838 | +€32,216 | +23.3% |
| Amounts payable | 17/49 | €624,905 | €683,045 | +€58,140 | +9.3% |
| Amounts payable within one year | 42/48 | €624,905 | €683,045 | +€58,140 | +9.3% |
| Financial debts | 43 | €300,000 | €300,067 | +€67 | 0.0% |
| Credit institutions | 430/8 | €300,000 | €300,067 | +€67 | 0.0% |
| Trade debts | 44 | €15,800 | €61,662 | +€45,863 | +290.3% |
| Suppliers | 440/4 | €15,800 | €61,662 | +€45,863 | +290.3% |
| Taxes, remuneration and social security | 45 | €1,600 | €6,102 | +€4,502 | +281.4% |
| Taxes | 450/3 | €600 | €3,902 | +€3,302 | +550.3% |
| Remuneration and social security | 454/9 | €1,000 | €2,200 | +€1,200 | +120.0% |
| Other amounts payable | 47/48 | €307,505 | €315,213 | +€7,708 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,302 | €13,481 | +€179 | +1.3% |
| Other operating charges | 640/8 | €4,488 | €11,280 | +€6,792 | +151.3% |
| Gross operating margin | 9900 | €4,108 | €74,704 | +€70,596 | +1718.7% |
| Operating profit (loss) | 9901 | -€13,682 | €49,943 | +€63,625 | |
| Financial income | 75/76B | €58 | €0 | -€58 | -100.0% |
| Recurring financial income | 75 | €58 | €0 | -€58 | -100.0% |
| Financial charges | 65/66B | €16,194 | €17,566 | +€1,373 | +8.5% |
| Recurring financial charges | 65 | €16,194 | €17,566 | +€1,373 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | -€29,818 | €32,377 | +€62,195 | |
| Income taxes | 67/77 | - | €160 | +€160 | |
| Profit (loss) for the period | 9904 | -€29,818 | €32,216 | +€62,035 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,818 | €32,216 | +€62,035 |
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.