HOME CONSTRUCT GROUP: what changed
Two fiscal 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 CONSTRUCT GROUP
Largest movements
- Receivables within one year +€92,069
up €92,069 (+171.3%), from €53,758 to €145,827
of which Trade receivables: +€115,016
- Cash +€35,031
up €35,031 (+247746.3%), from €14 to €35,045
mainly Other debts (+€157,122) and Net result for the year (+€58,558)
- Receivables after one year +€20,130
new in 2025: €20,130
- Tangible fixed assets +€2,600
up €2,600 (+5.8%), from €45,068 to €47,668
of which Furniture and vehicles: +€10,717
- Other debts +€157,122
up €157,122 (+489.1%), from €32,123 to €189,246
- Trade debts -€108,669
down €108,669 (-76.3%), from €142,502 to €33,834
- Profit (loss) carried forward +€58,558
up €58,558 (+28.4%), from -€206,187 to -€147,628
- Debts after one year +€54,306
up €54,306 (+1463.2%), from €3,711 to €58,017
of which Other amounts payable: +€56,801
- Tax, wage and social debts -€14,692
down €14,692 (-20.7%), from €71,090 to €56,397
of which Remuneration and social security: -€17,160
- Gross operating margin +€148,305
up €148,305, from -€13,203 to €135,102
- Staff costs -€11,618
down €11,618 (-18.1%), from €64,132 to €52,514
- Other operating charges +€6,901
up €6,901 (+2281.1%), from €303 to €7,203
- Financial charges +€1,588
up €1,588 (+27.4%), from €5,801 to €7,389
of which Non-recurring financial charges: +€1,749
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.
Cash bridge derived
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 | €100,302 | €250,705 | +€150,403 | +150.0% |
| Formation expenses | 20 | €460 | €232 | -€228 | -49.6% |
| Fixed assets | 21/28 | €45,501 | €48,311 | +€2,810 | +6.2% |
| Tangible fixed assets | 22/27 | €45,068 | €47,668 | +€2,600 | +5.8% |
| Furniture and vehicles | 24 | €3,003 | €13,720 | +€10,717 | +356.9% |
| Leasing and similar rights | 25 | €3,905 | €1,020 | -€2,885 | -73.9% |
| Other tangible fixed assets | 26 | €38,160 | €32,928 | -€5,232 | -13.7% |
| Financial fixed assets | 28 | €433 | €643 | +€210 | +48.5% |
| Current assets | 29/58 | €54,341 | €202,162 | +€147,821 | +272.0% |
| Amounts receivable after more than one year | 29 | - | €20,130 | +€20,130 | |
| Trade receivables | 290 | - | €20,130 | +€20,130 | |
| Amounts receivable within one year | 40/41 | €53,758 | €145,827 | +€92,069 | +171.3% |
| Trade receivables | 40 | €20,898 | €135,914 | +€115,016 | +550.4% |
| Other amounts receivable | 41 | €32,860 | €9,913 | -€22,947 | -69.8% |
| Cash at bank and in hand | 54/58 | €14 | €35,045 | +€35,031 | +247746.3% |
| Deferred charges and accrued income | 490/1 | €569 | €1,160 | +€591 | +103.9% |
| Total equity and liabilities | 10/49 | €100,302 | €250,705 | +€150,403 | +150.0% |
| Equity | 10/15 | -€203,187 | -€144,628 | +€58,558 | +28.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€206,187 | -€147,628 | +€58,558 | +28.4% |
| Amounts payable | 17/49 | €303,489 | €395,334 | +€91,845 | +30.3% |
| Amounts payable after more than one year | 17 | €3,711 | €58,017 | +€54,306 | +1463.2% |
| Financial debts | 170/4 | €3,711 | €1,216 | -€2,495 | -67.2% |
| Other amounts payable | 178/9 | - | €56,801 | +€56,801 | |
| Amounts payable within one year | 42/48 | €299,162 | €336,317 | +€37,155 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €53,447 | €56,840 | +€3,394 | +6.3% |
| Trade debts | 44 | €142,502 | €33,834 | -€108,669 | -76.3% |
| Suppliers | 440/4 | €142,502 | €33,834 | -€108,669 | -76.3% |
| Taxes, remuneration and social security | 45 | €71,090 | €56,397 | -€14,692 | -20.7% |
| Taxes | 450/3 | €19,441 | €21,910 | +€2,468 | +12.7% |
| Remuneration and social security | 454/9 | €51,648 | €34,488 | -€17,160 | -33.2% |
| Other amounts payable | 47/48 | €32,123 | €189,246 | +€157,122 | +489.1% |
| Accrued charges and deferred income | 492/3 | €615 | €1,000 | +€385 | +62.5% |
| Non-recurring operating income | 76A | - | €2,775 | +€2,775 | |
| Remuneration, social security and pensions | 62 | €64,132 | €52,514 | -€11,618 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,363 | €9,982 | -€381 | -3.7% |
| Other operating charges | 640/8 | €303 | €7,203 | +€6,901 | +2281.1% |
| Gross operating margin | 9900 | -€13,203 | €135,102 | +€148,305 | |
| Operating profit (loss) | 9901 | -€88,001 | €65,403 | +€153,403 | |
| Financial income | 75/76B | €420 | €545 | +€124 | +29.6% |
| Recurring financial income | 75 | €420 | €545 | +€124 | +29.6% |
| Financial charges | 65/66B | €5,801 | €7,389 | +€1,588 | +27.4% |
| Recurring financial charges | 65 | €5,150 | €4,989 | -€161 | -3.1% |
| Non-recurring financial charges | 66B | €651 | €2,400 | +€1,749 | +268.7% |
| Profit (loss) for the period before taxes | 9903 | -€93,381 | €58,558 | +€151,939 | |
| Income taxes | 67/77 | €204 | - | -€204 | |
| Profit (loss) for the period | 9904 | -€93,586 | €58,558 | +€152,144 | |
| Profit (loss) for the period to be appropriated | 9905 | -€93,586 | €58,558 | +€152,144 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.