HOME DEV INVEST: 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 DEV INVEST
Largest movements
- Stocks and contracts +€43,440
up €43,440 (+51.7%), from €83,960 to €127,400
- Cash +€36,444
up €36,444 (+2,406%), from €1,515 to €37,959
mainly Debts after one year (+€45,219) and Net result for the year (+€27,294)
- Receivables within one year -€3,561
down €3,561 (-32.2%), from €11,061 to €7,500
of which Trade receivables: -€3,561
- Debts after one year +€45,219
up €45,219 (+64.0%), from €70,644 to €115,863
- Profit (loss) carried forward +€27,294
up €27,294, from -€19,732 to €7,561
- Other debts +€7,216
up €7,216 (+72.9%), from €9,897 to €17,113
- Current portion of long-term debt -€3,298
no longer reported in 2025 (was €3,298)
- Tax, wage and social debts +€1,932
new in 2025: €1,932
- Gross operating margin +€55,852
up €55,852, from -€9,697 to €46,155
- Financial charges +€2,799
up €2,799 (+192%), from €1,455 to €4,254
- Taxes +€1,932
new in 2025: €1,932
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 | €96,672 | €174,647 | +€77,975 | +80.7% |
| Current assets | 29/58 | €96,672 | €174,647 | +€77,975 | +80.7% |
| Stocks and contracts in progress | 3 | €83,960 | €127,400 | +€43,440 | +51.7% |
| Stocks | 30/36 | €83,960 | €127,400 | +€43,440 | +51.7% |
| Amounts receivable within one year | 40/41 | €11,061 | €7,500 | -€3,561 | -32.2% |
| Trade receivables | 40 | €3,561 | - | -€3,561 | |
| Other amounts receivable | 41 | €7,500 | €7,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,515 | €37,959 | +€36,444 | +2,406% |
| Deferred charges and accrued income | 490/1 | €136 | €1,789 | +€1,653 | +1,214% |
| Total equity and liabilities | 10/49 | €96,672 | €174,647 | +€77,975 | +80.7% |
| Equity | 10/15 | €10,268 | €37,561 | +€27,294 | +266% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Contributions outside capital | 11 | €30,000 | €30,000 | = | 0.0% |
| Share premium | 1100/10 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,732 | €7,561 | +€27,294 | |
| Amounts payable | 17/49 | €86,404 | €137,086 | +€50,682 | +58.7% |
| Amounts payable after more than one year | 17 | €70,644 | €115,863 | +€45,219 | +64.0% |
| Financial debts | 170/4 | €70,644 | €115,863 | +€45,219 | +64.0% |
| Amounts payable within one year | 42/48 | €13,583 | €19,045 | +€5,462 | +40.2% |
| Current portion of amounts payable after more than one year | 42 | €3,298 | - | -€3,298 | |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Taxes, remuneration and social security | 45 | - | €1,932 | +€1,932 | |
| Taxes | 450/3 | - | €1,932 | +€1,932 | |
| Other amounts payable | 47/48 | €9,897 | €17,113 | +€7,216 | +72.9% |
| Accrued charges and deferred income | 492/3 | €2,178 | €2,178 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,454 | +€1,454 | |
| Non-recurring operating charges | 66A | €5,000 | €12,675 | +€7,675 | +154% |
| Gross operating margin | 9900 | -€9,697 | €46,155 | +€55,852 | |
| Operating profit (loss) | 9901 | -€14,697 | €33,480 | +€48,177 | |
| Financial charges | 65/66B | €1,455 | €4,254 | +€2,799 | +192% |
| Recurring financial charges | 65 | €1,455 | €4,254 | +€2,799 | +192% |
| Profit (loss) for the period before taxes | 9903 | -€16,152 | €29,225 | +€45,377 | |
| Income taxes | 67/77 | - | €1,932 | +€1,932 | |
| Profit (loss) for the period | 9904 | -€16,152 | €27,294 | +€43,446 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,152 | €27,294 | +€43,446 |
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.