HOME ESTE: 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 ESTE
Largest movements
- Cash -€333,819
down €333,819 (-20.2%), from €1.6m to €1.3m
mainly Other debts (-€468,504) and Receivables within one year (-€317,605)
- Receivables within one year +€317,605
up €317,605 (+28.2%), from €1.1m to €1.4m
of which Trade receivables: +€342,605
- Tangible fixed assets -€86,058
down €86,058 (-31.7%), from €271,593 to €185,535
of which Furniture and vehicles: -€78,198
- Other debts -€468,504
down €468,504 (-65.1%), from €719,846 to €251,343
- Advances received +€242,575
up €242,575 (+15.0%), from €1.6m to €1.9m
- Trade debts +€59,324
up €59,324 (+43.5%), from €136,320 to €195,644
of which Suppliers: +€59,324
- Gross operating margin +€57,375
up €57,375 (+7.2%), from €796,914 to €854,289
- Staff costs +€22,912
up €22,912 (+4.4%), from €525,143 to €548,055
- Depreciation -€21,654
down €21,654 (-29.3%), from €73,961 to €52,307
- Taxes +€15,736
up €15,736 (+19.6%), from €80,395 to €96,131
- Other operating charges +€11,291
up €11,291 (+81.5%), from €13,847 to €25,138
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 | €3,418,135 | €3,290,139 | -€127,997 | -3.7% |
| Fixed assets | 21/28 | €303,831 | €217,773 | -€86,058 | -28.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €271,593 | €185,535 | -€86,058 | -31.7% |
| Plant, machinery and equipment | 23 | €104,753 | €131,693 | +€26,940 | +25.7% |
| Furniture and vehicles | 24 | €132,040 | €53,842 | -€78,198 | -59.2% |
| Assets under construction and advance payments | 27 | €34,800 | €0 | -€34,800 | -100.0% |
| Financial fixed assets | 28 | €32,238 | €32,238 | = | 0.0% |
| Current assets | 29/58 | €3,114,304 | €3,072,366 | -€41,938 | -1.3% |
| Stocks and contracts in progress | 3 | €326,188 | €302,389 | -€23,798 | -7.3% |
| Stocks | 30/36 | €326,188 | €302,389 | -€23,798 | -7.3% |
| Amounts receivable within one year | 40/41 | €1,125,201 | €1,442,806 | +€317,605 | +28.2% |
| Trade receivables | 40 | €1,100,201 | €1,442,806 | +€342,605 | +31.1% |
| Other amounts receivable | 41 | €25,000 | €0 | -€25,000 | -100.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,648,643 | €1,314,824 | -€333,819 | -20.2% |
| Deferred charges and accrued income | 490/1 | €14,273 | €12,347 | -€1,925 | -13.5% |
| Total equity and liabilities | 10/49 | €3,418,135 | €3,290,139 | -€127,997 | -3.7% |
| Equity | 10/15 | €848,470 | €859,830 | +€11,360 | +1.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €756,150 | €756,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €750,000 | €750,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,820 | €42,180 | +€11,360 | +36.9% |
| Amounts payable | 17/49 | €2,569,665 | €2,430,308 | -€139,357 | -5.4% |
| Amounts payable within one year | 42/48 | €2,569,665 | €2,430,308 | -€139,357 | -5.4% |
| Trade debts | 44 | €136,320 | €195,644 | +€59,324 | +43.5% |
| Suppliers | 440/4 | €136,320 | €195,644 | +€59,324 | +43.5% |
| Bills of exchange payable | 441 | €0 | €0 | = | |
| Advances received on contracts in progress | 46 | €1,618,354 | €1,860,929 | +€242,575 | +15.0% |
| Taxes, remuneration and social security | 45 | €95,144 | €122,392 | +€27,248 | +28.6% |
| Taxes | 450/3 | €24,141 | €40,928 | +€16,787 | +69.5% |
| Remuneration and social security | 454/9 | €71,003 | €81,464 | +€10,461 | +14.7% |
| Other amounts payable | 47/48 | €719,846 | €251,343 | -€468,504 | -65.1% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €525,143 | €548,055 | +€22,912 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,961 | €52,307 | -€21,654 | -29.3% |
| Other operating charges | 640/8 | €13,847 | €25,138 | +€11,291 | +81.5% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Gross operating margin | 9900 | €796,914 | €854,289 | +€57,375 | +7.2% |
| Operating profit (loss) | 9901 | €183,963 | €228,789 | +€44,826 | +24.4% |
| Financial income | 75/76B | €107,863 | €116,524 | +€8,662 | +8.0% |
| Recurring financial income | 75 | €107,863 | €116,524 | +€8,662 | +8.0% |
| Financial charges | 65/66B | €6,535 | €7,823 | +€1,288 | +19.7% |
| Recurring financial charges | 65 | €6,535 | €6,477 | -€58 | -0.9% |
| Non-recurring financial charges | 66B | - | €1,346 | +€1,346 | |
| Profit (loss) for the period before taxes | 9903 | €285,291 | €337,491 | +€52,200 | +18.3% |
| Income taxes | 67/77 | €80,395 | €96,131 | +€15,736 | +19.6% |
| Profit (loss) for the period | 9904 | €204,896 | €241,360 | +€36,464 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €204,896 | €241,360 | +€36,464 | +17.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.