HOME IMMO CONSTRUCT: 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 IMMO CONSTRUCT
Largest movements
- Receivables within one year +€18,909
up €18,909 (+73.1%), from €25,857 to €44,766
of which Other amounts receivable: +€9,742
- Cash -€8,209
down €8,209 (-47.4%), from €17,313 to €9,104
mainly Receivables within one year (-€18,909) and Deferred charges and accrued income (-€1,507)
- Tangible fixed assets -€3,648
down €3,648 (-58.0%), from €6,286 to €2,639
of which Plant, machinery and equipment: -€2,595
- Deferred charges and accrued income +€1,507
new in 2025: €1,507
- Reserves +€8,209
up €8,209 (+226.5%), from €3,625 to €11,833
- Trade debts +€961
up €961 (+4.5%), from €21,309 to €22,269
- Tax, wage and social debts -€610
down €610 (-5.1%), from €12,070 to €11,460
of which Taxes: -€3,210
- Gross operating margin -€80,099
down €80,099 (-79.1%), from €101,202 to €21,103
- Taxes +€2,268
up €2,268 (+77.2%), from €2,939 to €5,206
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 | €51,656 | €60,215 | +€8,559 | +16.6% |
| Fixed assets | 21/28 | €8,486 | €4,839 | -€3,648 | -43.0% |
| Tangible fixed assets | 22/27 | €6,286 | €2,639 | -€3,648 | -58.0% |
| Plant, machinery and equipment | 23 | €5,234 | €2,639 | -€2,595 | -49.6% |
| Furniture and vehicles | 24 | €1,053 | - | -€1,053 | |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €43,170 | €55,377 | +€12,207 | +28.3% |
| Amounts receivable within one year | 40/41 | €25,857 | €44,766 | +€18,909 | +73.1% |
| Trade receivables | 40 | €4,216 | €13,383 | +€9,167 | +217.4% |
| Other amounts receivable | 41 | €21,640 | €31,383 | +€9,742 | +45.0% |
| Cash at bank and in hand | 54/58 | €17,313 | €9,104 | -€8,209 | -47.4% |
| Deferred charges and accrued income | 490/1 | - | €1,507 | +€1,507 | |
| Total equity and liabilities | 10/49 | €51,656 | €60,215 | +€8,559 | +16.6% |
| Equity | 10/15 | €9,825 | €18,033 | +€8,209 | +83.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,625 | €11,833 | +€8,209 | +226.5% |
| Distributable reserves | 133 | €3,625 | €11,833 | +€8,209 | +226.5% |
| Amounts payable | 17/49 | €41,832 | €42,182 | +€350 | +0.8% |
| Amounts payable within one year | 42/48 | €41,832 | €42,182 | +€350 | +0.8% |
| Trade debts | 44 | €21,309 | €22,269 | +€961 | +4.5% |
| Suppliers | 440/4 | €21,309 | €22,269 | +€961 | +4.5% |
| Taxes, remuneration and social security | 45 | €12,070 | €11,460 | -€610 | -5.1% |
| Taxes | 450/3 | €12,070 | €8,860 | -€3,210 | -26.6% |
| Remuneration and social security | 454/9 | - | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | €8,453 | €8,453 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,129 | €3,496 | -€632 | -15.3% |
| Other operating charges | 640/8 | €1,290 | €1,416 | +€126 | +9.8% |
| Non-recurring operating charges | 66A | €869 | €1,053 | +€184 | +21.2% |
| Gross operating margin | 9900 | €101,202 | €21,103 | -€80,099 | -79.1% |
| Operating profit (loss) | 9901 | €94,915 | €15,137 | -€79,778 | -84.1% |
| Financial income | 75/76B | €67 | €0 | -€67 | -100.0% |
| Recurring financial income | 75 | €67 | €0 | -€67 | -100.0% |
| Financial charges | 65/66B | €1,355 | €1,722 | +€367 | +27.1% |
| Recurring financial charges | 65 | €1,355 | €1,722 | +€367 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €93,626 | €13,415 | -€80,212 | -85.7% |
| Income taxes | 67/77 | €2,939 | €5,206 | +€2,268 | +77.2% |
| Profit (loss) for the period | 9904 | €90,688 | €8,209 | -€82,479 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €90,688 | €8,209 | -€82,479 | -90.9% |
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 30 September 2026 via checked.be.