Homaro: 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.
Homaro
Largest movements
- Receivables within one year -€11,814
down €11,814 (-29.1%), from €40,574 to €28,760
of which Trade receivables: -€16,917
- Current investments +€3,000
new in 2025: €3,000
- Cash +€2,595
up €2,595 (+5.6%), from €46,336 to €48,931
mainly Receivables within one year (+€11,814) and Net result for the year (+€11,318)
- Profit (loss) carried forward +€11,318
up €11,318 (+92.0%), from -€12,298 to -€980
- Tax, wage and social debts -€9,588
down €9,588 (-58.8%), from €16,298 to €6,710
- Other debts -€6,064
down €6,064 (-17.8%), from €34,029 to €27,966
- Accrued charges and deferred income -€3,238
down €3,238 (-46.8%), from €6,922 to €3,684
- Taxes -€13,784
down €13,784, from €9,330 to -€4,454
- Other operating charges -€12,782
down €12,782 (-65.4%), from €19,546 to €6,764
- Gross operating margin -€2,493
down €2,493 (-13.4%), from €18,640 to €16,147
- Depreciation +€547
new in 2025: €547
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 | €87,458 | €80,691 | -€6,767 | -7.7% |
| Fixed assets | 21/28 | €547 | €0 | -€547 | -100% |
| Tangible fixed assets | 22/27 | €547 | €0 | -€547 | -100% |
| Furniture and vehicles | 24 | €547 | €0 | -€547 | -100% |
| Current assets | 29/58 | €86,911 | €80,691 | -€6,219 | -7.2% |
| Amounts receivable within one year | 40/41 | €40,574 | €28,760 | -€11,814 | -29.1% |
| Trade receivables | 40 | €34,074 | €17,158 | -€16,917 | -49.6% |
| Other amounts receivable | 41 | €6,500 | €11,602 | +€5,102 | +78.5% |
| Current investments | 50/53 | - | €3,000 | +€3,000 | |
| Cash at bank and in hand | 54/58 | €46,336 | €48,931 | +€2,595 | +5.6% |
| Total equity and liabilities | 10/49 | €87,458 | €80,691 | -€6,767 | -7.7% |
| Equity | 10/15 | €27,374 | €38,692 | +€11,318 | +41.3% |
| Reserves | 13 | €39,671 | €39,671 | = | 0.0% |
| Distributable reserves | 133 | €39,671 | €39,671 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,298 | -€980 | +€11,318 | +92.0% |
| Amounts payable | 17/49 | €60,084 | €41,999 | -€18,085 | -30.1% |
| Amounts payable within one year | 42/48 | €53,163 | €38,316 | -€14,847 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €2,000 | €2,000 | = | 0.0% |
| Trade debts | 44 | €836 | €1,640 | +€804 | +96.2% |
| Suppliers | 440/4 | €836 | €1,640 | +€804 | +96.2% |
| Taxes, remuneration and social security | 45 | €16,298 | €6,710 | -€9,588 | -58.8% |
| Taxes | 450/3 | €16,298 | €6,710 | -€9,588 | -58.8% |
| Other amounts payable | 47/48 | €34,029 | €27,966 | -€6,064 | -17.8% |
| Accrued charges and deferred income | 492/3 | €6,922 | €3,684 | -€3,238 | -46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €547 | +€547 | |
| Other operating charges | 640/8 | €19,546 | €6,764 | -€12,782 | -65.4% |
| Gross operating margin | 9900 | €18,640 | €16,147 | -€2,493 | -13.4% |
| Operating profit (loss) | 9901 | -€906 | €8,835 | +€9,741 | |
| Financial income | 75/76B | - | €95 | +€95 | |
| Recurring financial income | 75 | - | €95 | +€95 | |
| Financial charges | 65/66B | €2,061 | €2,066 | +€5 | +0.3% |
| Recurring financial charges | 65 | €2,061 | €2,066 | +€5 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,967 | €6,864 | +€9,831 | |
| Income taxes | 67/77 | €9,330 | -€4,454 | -€13,784 | |
| Profit (loss) for the period | 9904 | -€12,298 | €11,318 | +€23,616 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,298 | €11,318 | +€23,616 |
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 13 October 2026 via checked.be.