HOME - CONCEPT: 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.
What changed
HOME - CONCEPT
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€298,045
2024 · €204,543+€93,502
Equity
€2.5m
2024 · €2.4m+€58,045
Cash
€21,571
2024 · €37,871-€16,300
Balance sheet total
€2.8m
2024 · €3.0m-€190,781
Largest movements
Assets
- Receivables within one year -€109,646
down €109,646 (-6.6%), from €1.7m to €1.6m
of which Other amounts receivable: -€96,003
- Tangible fixed assets -€100,063
down €100,063 (-30.1%), from €332,318 to €232,255
of which Plant, machinery and equipment: -€60,105
Equity and liabilities
- Other debts -€199,750
down €199,750 (-99.9%), from €200,000 to €250
- Trade debts -€62,104
down €62,104 (-26.9%), from €231,140 to €169,036
- Profit (loss) carried forward +€58,045
up €58,045 (+2.7%), from €2.2m to €2.2m
Income statement
- Gross operating margin +€116,675
up €116,675 (+16.7%), from €699,121 to €815,796
- Staff costs +€24,029
up €24,029 (+6.7%), from €360,954 to €384,982
- Write-downs -€13,594
down €13,594, from €9,462 to -€4,131
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.
Result 2024
€204,543
Gross operating margin
+€116,675
Staff costs
-€24,029
Depreciation
+€1,777
Write-downs
+€13,594
Other operating charges
-€1,811
Financial income
-€5,188
Financial charges
-€314
Taxes
-€7,202
Result 2025
€298,045
raises the resultlowers the result
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.
From operations
+€238,470
Investment
-€14,770
Financing
-€240,000
Cash 2024
€37,871
From operations (derived)
+€238,470
Net result for the year
+€298,045
Depreciation
+€114,832
Stocks and contracts
-€26,919
Receivables within one year
+€109,646
Deferred charges and accrued income
-€8,307
Trade debts
-€62,104
Tax, wage and social debts
+€8,598
Advances received
+€4,626
Other debts
-€199,750
Accrued charges and deferred income
-€195
Investment (derived)
-€14,770
Investment in fixed assets (net)
-€14,770
Financing
-€240,000
Contributions, distributions and other
-€240,000
Cash 2025
€21,571
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,973,706 | €2,782,925 | -€190,781 | -6.4% |
| Fixed assets | 21/28 | €332,427 | €232,364 | -€100,063 | -30.1% |
| Tangible fixed assets | 22/27 | €332,318 | €232,255 | -€100,063 | -30.1% |
| Plant, machinery and equipment | 23 | €108,848 | €48,743 | -€60,105 | -55.2% |
| Furniture and vehicles | 24 | €15,700 | €8,639 | -€7,061 | -45.0% |
| Other tangible fixed assets | 26 | €207,770 | €174,873 | -€32,897 | -15.8% |
| Financial fixed assets | 28 | €109 | €109 | = | 0.0% |
| Current assets | 29/58 | €2,641,279 | €2,550,561 | -€90,718 | -3.4% |
| Stocks and contracts in progress | 3 | €935,041 | €961,961 | +€26,919 | +2.9% |
| Stocks | 30/36 | €935,041 | €961,961 | +€26,919 | +2.9% |
| Amounts receivable within one year | 40/41 | €1,665,814 | €1,556,168 | -€109,646 | -6.6% |
| Trade receivables | 40 | €81,077 | €67,434 | -€13,643 | -16.8% |
| Other amounts receivable | 41 | €1,584,737 | €1,488,734 | -€96,003 | -6.1% |
| Cash at bank and in hand | 54/58 | €37,871 | €21,571 | -€16,300 | -43.0% |
| Deferred charges and accrued income | 490/1 | €2,553 | €10,861 | +€8,307 | +325% |
| Total equity and liabilities | 10/49 | €2,973,706 | €2,782,925 | -€190,781 | -6.4% |
| Equity | 10/15 | €2,441,403 | €2,499,448 | +€58,045 | +2.4% |
| Contributions | 10/11 | €247,000 | €247,000 | = | 0.0% |
| Capital | 10 | €247,000 | €247,000 | = | 0.0% |
| Issued capital | 100 | €247,000 | €247,000 | = | 0.0% |
| Reserves | 13 | €41,575 | €41,575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,700 | €24,700 | = | 0.0% |
| Legal reserve | 130 | €24,700 | €24,700 | = | 0.0% |
| Distributable reserves | 133 | €16,875 | €16,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,152,828 | €2,210,873 | +€58,045 | +2.7% |
| Amounts payable | 17/49 | €532,303 | €283,477 | -€248,826 | -46.7% |
| Amounts payable within one year | 42/48 | €523,203 | €274,572 | -€248,631 | -47.5% |
| Trade debts | 44 | €231,140 | €169,036 | -€62,104 | -26.9% |
| Suppliers | 440/4 | €231,140 | €169,036 | -€62,104 | -26.9% |
| Advances received on contracts in progress | 46 | €2,928 | €7,554 | +€4,626 | +158% |
| Taxes, remuneration and social security | 45 | €89,135 | €97,733 | +€8,598 | +9.6% |
| Taxes | 450/3 | €31,445 | €27,613 | -€3,832 | -12.2% |
| Remuneration and social security | 454/9 | €57,690 | €70,120 | +€12,430 | +21.5% |
| Other amounts payable | 47/48 | €200,000 | €250 | -€199,750 | -99.9% |
| Accrued charges and deferred income | 492/3 | €9,100 | €8,905 | -€195 | -2.1% |
| Remuneration, social security and pensions | 62 | €360,954 | €384,982 | +€24,029 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,610 | €114,832 | -€1,777 | -1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,462 | -€4,131 | -€13,594 | |
| Other operating charges | 640/8 | €18,701 | €20,513 | +€1,811 | +9.7% |
| Gross operating margin | 9900 | €699,121 | €815,796 | +€116,675 | +16.7% |
| Operating profit (loss) | 9901 | €193,394 | €299,600 | +€106,206 | +54.9% |
| Financial income | 75/76B | €100,017 | €94,829 | -€5,188 | -5.2% |
| Recurring financial income | 75 | €100,017 | €94,829 | -€5,188 | -5.2% |
| Financial charges | 65/66B | €6,880 | €7,194 | +€314 | +4.6% |
| Recurring financial charges | 65 | €6,880 | €7,194 | +€314 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €286,531 | €387,235 | +€100,704 | +35.1% |
| Income taxes | 67/77 | €81,988 | €89,190 | +€7,202 | +8.8% |
| Profit (loss) for the period | 9904 | €204,543 | €298,045 | +€93,502 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €204,543 | €298,045 | +€93,502 | +45.7% |
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.