HOME 88: 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.
HOME 88
Largest movements
- Receivables within one year -€22,553
down €22,553 (-62.5%), from €36,085 to €13,532
of which Trade receivables: -€33,272
- Cash +€22,242
up €22,242 (+66.3%), from €33,572 to €55,814
mainly Net result for the year (+€30,760) and Advances received (+€23,806)
- Current investments +€11,170
new in 2025: €11,170
- Tangible fixed assets +€10,468
up €10,468 (+279%), from €3,748 to €14,215
of which Plant, machinery and equipment: +€7,628
- Deferred charges and accrued income +€1,928
up €1,928 (+111%), from €1,744 to €3,672
- Trade debts -€23,985
down €23,985 (-81.0%), from €29,604 to €5,618
- Advances received +€23,806
up €23,806 (+238%), from €10,000 to €33,806
- Profit (loss) carried forward +€11,439
up €11,439 (+145%), from €7,882 to €19,321
- Other debts +€9,144
up €9,144 (+136%), from €6,700 to €15,843
- Tax, wage and social debts +€2,851
up €2,851 (+15.4%), from €18,464 to €21,315
of which Remuneration and social security: +€5,151
- Gross operating margin +€30,374
up €30,374 (+40.2%), from €75,598 to €105,972
- Taxes +€8,190
up €8,190 (+1,223%), from €670 to €8,860
- Staff costs +€7,581
up €7,581 (+14.1%), from €53,670 to €61,251
- Depreciation +€1,541
up €1,541 (+58.4%), from €2,639 to €4,181
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 | €75,150 | €98,404 | +€23,254 | +30.9% |
| Fixed assets | 21/28 | €3,748 | €14,215 | +€10,468 | +279% |
| Tangible fixed assets | 22/27 | €3,748 | €14,215 | +€10,468 | +279% |
| Plant, machinery and equipment | 23 | €920 | €8,548 | +€7,628 | +829% |
| Furniture and vehicles | 24 | €2,828 | €5,668 | +€2,840 | +100% |
| Current assets | 29/58 | €71,402 | €84,188 | +€12,786 | +17.9% |
| Amounts receivable within one year | 40/41 | €36,085 | €13,532 | -€22,553 | -62.5% |
| Trade receivables | 40 | €35,505 | €2,233 | -€33,272 | -93.7% |
| Other amounts receivable | 41 | €580 | €11,299 | +€10,719 | +1,847% |
| Current investments | 50/53 | - | €11,170 | +€11,170 | |
| Cash at bank and in hand | 54/58 | €33,572 | €55,814 | +€22,242 | +66.3% |
| Deferred charges and accrued income | 490/1 | €1,744 | €3,672 | +€1,928 | +111% |
| Total equity and liabilities | 10/49 | €75,150 | €98,404 | +€23,254 | +30.9% |
| Equity | 10/15 | €10,382 | €21,821 | +€11,439 | +110% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,882 | €19,321 | +€11,439 | +145% |
| Amounts payable | 17/49 | €64,767 | €76,582 | +€11,815 | +18.2% |
| Amounts payable within one year | 42/48 | €64,767 | €76,582 | +€11,815 | +18.2% |
| Trade debts | 44 | €29,604 | €5,618 | -€23,985 | -81.0% |
| Suppliers | 440/4 | €29,604 | €5,618 | -€23,985 | -81.0% |
| Advances received on contracts in progress | 46 | €10,000 | €33,806 | +€23,806 | +238% |
| Taxes, remuneration and social security | 45 | €18,464 | €21,315 | +€2,851 | +15.4% |
| Taxes | 450/3 | €9,663 | €7,363 | -€2,300 | -23.8% |
| Remuneration and social security | 454/9 | €8,801 | €13,952 | +€5,151 | +58.5% |
| Other amounts payable | 47/48 | €6,700 | €15,843 | +€9,144 | +136% |
| Remuneration, social security and pensions | 62 | €53,670 | €61,251 | +€7,581 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,639 | €4,181 | +€1,541 | +58.4% |
| Other operating charges | 640/8 | €446 | €852 | +€406 | +91.0% |
| Gross operating margin | 9900 | €75,598 | €105,972 | +€30,374 | +40.2% |
| Operating profit (loss) | 9901 | €18,843 | €39,688 | +€20,846 | +111% |
| Financial income | 75/76B | €31 | €162 | +€131 | +428% |
| Recurring financial income | 75 | €31 | €162 | +€131 | +428% |
| Financial charges | 65/66B | €297 | €230 | -€67 | -22.6% |
| Recurring financial charges | 65 | €297 | €230 | -€67 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €18,576 | €39,620 | +€21,044 | +113% |
| Income taxes | 67/77 | €670 | €8,860 | +€8,190 | +1,223% |
| Profit (loss) for the period | 9904 | €17,906 | €30,760 | +€12,854 | +71.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,906 | €30,760 | +€12,854 | +71.8% |
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 26 October 2026 via checked.be.