HOME DEPOTS: 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 DEPOTS
Largest movements
- Tangible fixed assets +€40,783
up €40,783 (+13.4%), from €304,959 to €345,741
of which Land and buildings: +€55,328
- Receivables within one year -€7,410
down €7,410 (-52.5%), from €14,105 to €6,696
of which Other amounts receivable: -€4,851
- Reserves +€26,577
up €26,577 (+32.2%), from €82,621 to €109,198
- Debts after one year +€18,559
up €18,559 (+11.6%), from €159,514 to €178,073
- Other debts -€17,570
down €17,570 (-100.0%), from €17,570 to €0
- Current portion of long-term debt +€5,989
up €5,989 (+17.4%), from €34,379 to €40,368
- Gross operating margin +€28,393
up €28,393 (+60.8%), from €46,713 to €75,106
- Depreciation +€4,701
up €4,701 (+14.4%), from €32,616 to €37,317
- Taxes +€2,023
up €2,023 (+263.2%), from €768 to €2,791
- Financial charges +€1,328
up €1,328 (+25.3%), from €5,257 to €6,585
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 | €326,096 | €360,691 | +€34,595 | +10.6% |
| Fixed assets | 21/28 | €305,199 | €345,981 | +€40,783 | +13.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €304,959 | €345,741 | +€40,783 | +13.4% |
| Land and buildings | 22 | €251,575 | €306,903 | +€55,328 | +22.0% |
| Plant, machinery and equipment | 23 | €108 | €20 | -€88 | -81.4% |
| Furniture and vehicles | 24 | €53,276 | €38,818 | -€14,458 | -27.1% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €20,897 | €14,710 | -€6,187 | -29.6% |
| Amounts receivable within one year | 40/41 | €14,105 | €6,696 | -€7,410 | -52.5% |
| Trade receivables | 40 | €8,916 | €6,358 | -€2,558 | -28.7% |
| Other amounts receivable | 41 | €5,190 | €338 | -€4,851 | -93.5% |
| Cash at bank and in hand | 54/58 | €3,714 | €4,822 | +€1,109 | +29.9% |
| Deferred charges and accrued income | 490/1 | €3,078 | €3,192 | +€114 | +3.7% |
| Total equity and liabilities | 10/49 | €326,096 | €360,691 | +€34,595 | +10.6% |
| Equity | 10/15 | €107,621 | €134,198 | +€26,577 | +24.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €82,621 | €109,198 | +€26,577 | +32.2% |
| Distributable reserves | 133 | €82,621 | €109,198 | +€26,577 | +32.2% |
| Amounts payable | 17/49 | €218,475 | €226,494 | +€8,018 | +3.7% |
| Amounts payable after more than one year | 17 | €159,514 | €178,073 | +€18,559 | +11.6% |
| Financial debts | 170/4 | €159,514 | €178,073 | +€18,559 | +11.6% |
| Amounts payable within one year | 42/48 | €58,874 | €48,331 | -€10,543 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €34,379 | €40,368 | +€5,989 | +17.4% |
| Trade debts | 44 | €3,923 | €3,852 | -€71 | -1.8% |
| Suppliers | 440/4 | €3,923 | €3,852 | -€71 | -1.8% |
| Advances received on contracts in progress | 46 | €146 | €146 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,856 | €3,966 | +€1,110 | +38.9% |
| Taxes | 450/3 | €2,856 | €2,926 | +€70 | +2.5% |
| Remuneration and social security | 454/9 | - | €1,040 | +€1,040 | |
| Other amounts payable | 47/48 | €17,570 | €0 | -€17,570 | -100.0% |
| Accrued charges and deferred income | 492/3 | €88 | €89 | +€2 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,616 | €37,317 | +€4,701 | +14.4% |
| Other operating charges | 640/8 | €1,948 | €1,993 | +€45 | +2.3% |
| Gross operating margin | 9900 | €46,713 | €75,106 | +€28,393 | +60.8% |
| Operating profit (loss) | 9901 | €12,149 | €35,796 | +€23,647 | +194.7% |
| Financial income | 75/76B | €134 | €157 | +€24 | +17.8% |
| Recurring financial income | 75 | €134 | €157 | +€24 | +17.8% |
| Financial charges | 65/66B | €5,257 | €6,585 | +€1,328 | +25.3% |
| Recurring financial charges | 65 | €5,257 | €6,585 | +€1,328 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €7,025 | €29,368 | +€22,343 | +318.1% |
| Income taxes | 67/77 | €768 | €2,791 | +€2,023 | +263.2% |
| Profit (loss) for the period | 9904 | €6,256 | €26,577 | +€20,320 | +324.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,256 | €26,577 | +€20,320 | +324.8% |
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 10 October 2026 via checked.be.