HOME AT FIRST SIGHT: 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 AT FIRST SIGHT
Largest movements
- Receivables within one year -€16,035
down €16,035 (-49.5%), from €32,416 to €16,380
of which Trade receivables: -€15,769
- Tangible fixed assets -€13,614
down €13,614 (-6.4%), from €213,573 to €199,958
of which Land and buildings: -€12,503
- Stocks and contracts -€7,794
down €7,794 (-10.3%), from €75,315 to €67,521
- Cash +€5,449
up €5,449 (+47.8%), from €11,388 to €16,837
mainly Depreciation (+€18,007) and Receivables within one year (+€16,035)
- Intangible fixed assets -€4,392
down €4,392 (-15.2%), from €28,881 to €24,489
- Debts after one year -€30,297
down €30,297 (-12.1%), from €251,133 to €220,836
- Trade debts -€23,945
down €23,945 (-59.6%), from €40,163 to €16,218
- Profit (loss) carried forward +€13,215
up €13,215 (+11,691%), from €113 to €13,328
- Tax, wage and social debts +€8,388
up €8,388 (+214%), from €3,918 to €12,306
- Gross operating margin +€15,085
up €15,085 (+39.5%), from €38,203 to €53,288
- Other operating charges +€4,187
up €4,187 (+157%), from €2,675 to €6,863
- Taxes +€4,033
up €4,033 (+722%), from €559 to €4,592
- Staff costs -€2,097
down €2,097 (-61.4%), from €3,412 to €1,316
- Financial charges -€670
down €670 (-6.4%), from €10,498 to €9,828
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 | €364,843 | €327,270 | -€37,573 | -10.3% |
| Fixed assets | 21/28 | €242,454 | €224,447 | -€18,007 | -7.4% |
| Intangible fixed assets | 21 | €28,881 | €24,489 | -€4,392 | -15.2% |
| Tangible fixed assets | 22/27 | €213,573 | €199,958 | -€13,614 | -6.4% |
| Land and buildings | 22 | €208,574 | €196,070 | -€12,503 | -6.0% |
| Plant, machinery and equipment | 23 | €4,822 | €3,888 | -€934 | -19.4% |
| Furniture and vehicles | 24 | €177 | - | -€177 | |
| Current assets | 29/58 | €122,390 | €102,823 | -€19,567 | -16.0% |
| Stocks and contracts in progress | 3 | €75,315 | €67,521 | -€7,794 | -10.3% |
| Stocks | 30/36 | €75,315 | €67,521 | -€7,794 | -10.3% |
| Amounts receivable within one year | 40/41 | €32,416 | €16,380 | -€16,035 | -49.5% |
| Trade receivables | 40 | €32,149 | €16,380 | -€15,769 | -49.1% |
| Other amounts receivable | 41 | €267 | €1 | -€266 | -99.7% |
| Cash at bank and in hand | 54/58 | €11,388 | €16,837 | +€5,449 | +47.8% |
| Deferred charges and accrued income | 490/1 | €3,271 | €2,085 | -€1,186 | -36.3% |
| Total equity and liabilities | 10/49 | €364,843 | €327,270 | -€37,573 | -10.3% |
| Equity | 10/15 | €5,113 | €18,328 | +€13,215 | +258% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113 | €13,328 | +€13,215 | +11,691% |
| Amounts payable | 17/49 | €359,730 | €308,942 | -€50,788 | -14.1% |
| Amounts payable after more than one year | 17 | €251,133 | €220,836 | -€30,297 | -12.1% |
| Financial debts | 170/4 | €251,133 | €220,836 | -€30,297 | -12.1% |
| Amounts payable within one year | 42/48 | €107,935 | €87,525 | -€20,409 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €33,578 | €30,297 | -€3,282 | -9.8% |
| Financial debts | 43 | €2,296 | €2,349 | +€53 | +2.3% |
| Credit institutions | 430/8 | €2,296 | €2,349 | +€53 | +2.3% |
| Trade debts | 44 | €40,163 | €16,218 | -€23,945 | -59.6% |
| Suppliers | 440/4 | €40,163 | €16,218 | -€23,945 | -59.6% |
| Taxes, remuneration and social security | 45 | €3,918 | €12,306 | +€8,388 | +214% |
| Taxes | 450/3 | €3,918 | €12,306 | +€8,388 | +214% |
| Other amounts payable | 47/48 | €27,980 | €26,356 | -€1,624 | -5.8% |
| Accrued charges and deferred income | 492/3 | €663 | €581 | -€82 | -12.4% |
| Remuneration, social security and pensions | 62 | €3,412 | €1,316 | -€2,097 | -61.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,745 | €18,007 | +€262 | +1.5% |
| Other operating charges | 640/8 | €2,675 | €6,863 | +€4,187 | +157% |
| Gross operating margin | 9900 | €38,203 | €53,288 | +€15,085 | +39.5% |
| Operating profit (loss) | 9901 | €14,370 | €27,103 | +€12,733 | +88.6% |
| Financial income | 75/76B | €523 | €532 | +€9 | +1.7% |
| Recurring financial income | 75 | €523 | €532 | +€9 | +1.7% |
| Financial charges | 65/66B | €10,498 | €9,828 | -€670 | -6.4% |
| Recurring financial charges | 65 | €10,498 | €9,828 | -€670 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €4,395 | €17,807 | +€13,412 | +305% |
| Income taxes | 67/77 | €559 | €4,592 | +€4,033 | +722% |
| Profit (loss) for the period | 9904 | €3,836 | €13,215 | +€9,379 | +245% |
| Profit (loss) for the period to be appropriated | 9905 | €3,836 | €13,215 | +€9,379 | +245% |
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 29 October 2026 via checked.be.