HOMA: 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.
HOMA
Largest movements
- Tangible fixed assets +€654,092
up €654,092 (+52.9%), from €1.2m to €1.9m
of which Land and buildings: +€637,736
- Contributions +€750,000
up €750,000 (+9,635%), from €7,784 to €757,784
- Debts after one year -€132,919
down €132,919 (-17.6%), from €755,337 to €622,419
- Reserves +€36,769
up €36,769 (+11.1%), from €331,042 to €367,812
of which Distributable reserves: +€39,248
- Depreciation +€7,013
up €7,013 (+6.5%), from €107,474 to €114,487
- Financial charges -€3,037
down €3,037 (-16.6%), from €18,318 to €15,280
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 | €1,253,166 | €1,904,797 | +€651,631 | +52.0% |
| Fixed assets | 21/28 | €1,235,942 | €1,890,035 | +€654,092 | +52.9% |
| Tangible fixed assets | 22/27 | €1,235,942 | €1,890,035 | +€654,092 | +52.9% |
| Land and buildings | 22 | €1,230,328 | €1,868,064 | +€637,736 | +51.8% |
| Plant, machinery and equipment | 23 | €5,615 | €21,971 | +€16,356 | +291% |
| Current assets | 29/58 | €17,224 | €14,762 | -€2,461 | -14.3% |
| Amounts receivable within one year | 40/41 | €3,594 | €3,518 | -€76 | -2.1% |
| Other amounts receivable | 41 | €3,594 | €3,518 | -€76 | -2.1% |
| Cash at bank and in hand | 54/58 | €13,345 | €10,960 | -€2,385 | -17.9% |
| Deferred charges and accrued income | 490/1 | €285 | €285 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,253,166 | €1,904,797 | +€651,631 | +52.0% |
| Equity | 10/15 | €338,826 | €1,125,595 | +€786,769 | +232% |
| Contributions | 10/11 | €7,784 | €757,784 | +€750,000 | +9,635% |
| Reserves | 13 | €331,042 | €367,812 | +€36,769 | +11.1% |
| Non-distributable reserves | 130/1 | €2,479 | - | -€2,479 | |
| Reserves not available under the articles | 1311 | €2,479 | - | -€2,479 | |
| Tax-exempt reserves | 132 | €25,986 | €25,986 | = | 0.0% |
| Distributable reserves | 133 | €302,577 | €341,825 | +€39,248 | +13.0% |
| Amounts payable | 17/49 | €914,340 | €779,202 | -€135,139 | -14.8% |
| Amounts payable after more than one year | 17 | €755,337 | €622,419 | -€132,919 | -17.6% |
| Financial debts | 170/4 | €755,337 | €622,419 | -€132,919 | -17.6% |
| Amounts payable within one year | 42/48 | €159,003 | €156,783 | -€2,220 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €131,842 | €132,919 | +€1,076 | +0.8% |
| Trade debts | 44 | €845 | €866 | +€21 | +2.5% |
| Suppliers | 440/4 | €845 | €866 | +€21 | +2.5% |
| Taxes, remuneration and social security | 45 | €3,929 | €3,677 | -€252 | -6.4% |
| Taxes | 450/3 | €3,929 | €3,677 | -€252 | -6.4% |
| Other amounts payable | 47/48 | €22,387 | €19,321 | -€3,066 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,474 | €114,487 | +€7,013 | +6.5% |
| Other operating charges | 640/8 | €20,234 | €20,900 | +€666 | +3.3% |
| Gross operating margin | 9900 | €203,649 | €204,596 | +€947 | +0.5% |
| Operating profit (loss) | 9901 | €75,940 | €69,209 | -€6,732 | -8.9% |
| Financial charges | 65/66B | €18,318 | €15,280 | -€3,037 | -16.6% |
| Recurring financial charges | 65 | €18,318 | €15,280 | -€3,037 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €57,623 | €53,928 | -€3,694 | -6.4% |
| Income taxes | 67/77 | €18,334 | €17,159 | -€1,175 | -6.4% |
| Profit (loss) for the period | 9904 | €39,288 | €36,769 | -€2,519 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,288 | €36,769 | -€2,519 | -6.4% |
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 20 October 2026 via checked.be.