HOME DIRECT: 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 DIRECT
Largest movements
- Receivables within one year +€7,008
up €7,008 (+17.6%), from €39,770 to €46,778
of which Trade receivables: +€4,045
- Tangible fixed assets -€5,119
down €5,119 (-21.4%), from €23,887 to €18,768
- Cash -€1,136
down €1,136 (-55.8%), from €2,035 to €899
mainly Other debts (-€16,713) and Receivables within one year (-€7,008)
- Deferred charges and accrued income +€990
up €990 (+107%), from €922 to €1,912
- Other debts -€16,713
no longer reported in 2025 (was €16,713)
- Trade debts +€10,881
up €10,881 (+2,138%), from €509 to €11,390
- Profit (loss) carried forward +€5,897
up €5,897 (+14.9%), from €39,586 to €45,483
- Tax, wage and social debts +€1,578
up €1,578 (+38.7%), from €4,080 to €5,658
of which Taxes: +€5,478
- Gross operating margin +€6,621
up €6,621 (+566%), from €1,171 to €7,792
- Taxes +€1,434
up €1,434 (+799%), from €180 to €1,613
- Financial charges -€86
down €86 (-23.2%), from €368 to €283
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 | €68,948 | €70,591 | +€1,644 | +2.4% |
| Fixed assets | 21/28 | €26,220 | €21,002 | -€5,219 | -19.9% |
| Tangible fixed assets | 22/27 | €23,887 | €18,768 | -€5,119 | -21.4% |
| Furniture and vehicles | 24 | €23,887 | €18,768 | -€5,119 | -21.4% |
| Financial fixed assets | 28 | €2,334 | €2,234 | -€100 | -4.3% |
| Current assets | 29/58 | €42,727 | €49,590 | +€6,862 | +16.1% |
| Amounts receivable within one year | 40/41 | €39,770 | €46,778 | +€7,008 | +17.6% |
| Trade receivables | 40 | €31,464 | €35,509 | +€4,045 | +12.9% |
| Other amounts receivable | 41 | €8,306 | €11,269 | +€2,963 | +35.7% |
| Cash at bank and in hand | 54/58 | €2,035 | €899 | -€1,136 | -55.8% |
| Deferred charges and accrued income | 490/1 | €922 | €1,912 | +€990 | +107% |
| Total equity and liabilities | 10/49 | €68,948 | €70,591 | +€1,644 | +2.4% |
| Equity | 10/15 | €47,646 | €53,543 | +€5,897 | +12.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,586 | €45,483 | +€5,897 | +14.9% |
| Amounts payable | 17/49 | €21,301 | €17,048 | -€4,253 | -20.0% |
| Amounts payable within one year | 42/48 | €21,301 | €17,048 | -€4,253 | -20.0% |
| Trade debts | 44 | €509 | €11,390 | +€10,881 | +2,138% |
| Suppliers | 440/4 | €509 | €11,390 | +€10,881 | +2,138% |
| Taxes, remuneration and social security | 45 | €4,080 | €5,658 | +€1,578 | +38.7% |
| Taxes | 450/3 | €180 | €5,658 | +€5,478 | +3,051% |
| Remuneration and social security | 454/9 | €3,900 | - | -€3,900 | |
| Other amounts payable | 47/48 | €16,713 | - | -€16,713 | |
| Gross operating margin | 9900 | €1,171 | €7,792 | +€6,621 | +566% |
| Operating profit (loss) | 9901 | €1,171 | €7,792 | +€6,621 | +566% |
| Financial income | 75/76B | €21 | €1 | -€20 | -94.9% |
| Recurring financial income | 75 | €21 | €1 | -€20 | -94.9% |
| Financial charges | 65/66B | €368 | €283 | -€86 | -23.2% |
| Recurring financial charges | 65 | €368 | €283 | -€86 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €824 | €7,510 | +€6,687 | +812% |
| Income taxes | 67/77 | €180 | €1,613 | +€1,434 | +799% |
| Profit (loss) for the period | 9904 | €644 | €5,897 | +€5,253 | +816% |
| Profit (loss) for the period to be appropriated | 9905 | €644 | €5,897 | +€5,253 | +816% |
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.