HOME & PASSION: 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 & PASSION
Largest movements
- Receivables within one year +€68,388
up €68,388 (+77.6%), from €88,139 to €156,527
of which Trade receivables: +€66,570
- Cash +€36,516
up €36,516 (+45.3%), from €80,692 to €117,208
mainly Advances received (+€119,932) and Depreciation (+€12,739)
- Tangible fixed assets -€12,739
down €12,739 (-46.3%), from €27,525 to €14,786
of which Other tangible fixed assets: -€7,316
- Stocks and contracts -€6,612
down €6,612 (-2.2%), from €306,531 to €299,919
- Advances received +€119,932
up €119,932 (+4,797%), from €2,500 to €122,432
- Other debts -€32,655
down €32,655 (-22.4%), from €145,720 to €113,065
- Tax, wage and social debts +€8,351
up €8,351 (+11.7%), from €71,386 to €79,737
of which Taxes: +€11,891
- Current portion of long-term debt -€7,778
down €7,778 (-90.0%), from €8,645 to €867
- Gross operating margin -€12,035
down €12,035 (-8.0%), from €151,174 to €139,139
- Staff costs -€8,815
down €8,815 (-7.8%), from €112,297 to €103,482
- Taxes -€7,256
down €7,256 (-89.9%), from €8,072 to €816
- Other operating charges +€6,477
up €6,477 (+96.5%), from €6,712 to €13,189
- Depreciation -€2,842
down €2,842 (-18.2%), from €15,581 to €12,739
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €508,297 | €592,700 | +€84,403 | +16.6% |
| Fixed assets | 21/28 | €31,785 | €19,046 | -€12,739 | -40.1% |
| Tangible fixed assets | 22/27 | €27,525 | €14,786 | -€12,739 | -46.3% |
| Furniture and vehicles | 24 | €17,189 | €11,767 | -€5,423 | -31.5% |
| Other tangible fixed assets | 26 | €10,336 | €3,020 | -€7,316 | -70.8% |
| Financial fixed assets | 28 | €4,260 | €4,260 | = | 0.0% |
| Current assets | 29/58 | €476,511 | €573,654 | +€97,142 | +20.4% |
| Stocks and contracts in progress | 3 | €306,531 | €299,919 | -€6,612 | -2.2% |
| Stocks | 30/36 | €306,531 | €299,919 | -€6,612 | -2.2% |
| Amounts receivable within one year | 40/41 | €88,139 | €156,527 | +€68,388 | +77.6% |
| Trade receivables | 40 | €88,139 | €154,709 | +€66,570 | +75.5% |
| Other amounts receivable | 41 | - | €1,818 | +€1,818 | |
| Cash at bank and in hand | 54/58 | €80,692 | €117,208 | +€36,516 | +45.3% |
| Deferred charges and accrued income | 490/1 | €1,150 | - | -€1,150 | |
| Total equity and liabilities | 10/49 | €508,297 | €592,700 | +€84,403 | +16.6% |
| Equity | 10/15 | €179,342 | €180,881 | +€1,538 | +0.9% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Capital | 10 | €175,000 | €175,000 | = | 0.0% |
| Issued capital | 100 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €1,062 | €1,139 | +€77 | +7.2% |
| Non-distributable reserves | 130/1 | €1,062 | €1,139 | +€77 | +7.2% |
| Legal reserve | 130 | €1,062 | €1,139 | +€77 | +7.2% |
| Profit (loss) carried forward | 14 | €3,280 | €4,742 | +€1,461 | +44.6% |
| Amounts payable | 17/49 | €328,954 | €411,819 | +€82,865 | +25.2% |
| Amounts payable after more than one year | 17 | €867 | - | -€867 | |
| Financial debts | 170/4 | €867 | - | -€867 | |
| Amounts payable within one year | 42/48 | €328,087 | €411,819 | +€83,732 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €8,645 | €867 | -€7,778 | -90.0% |
| Financial debts | 43 | €18,403 | €15,009 | -€3,395 | -18.4% |
| Credit institutions | 430/8 | €18,403 | €15,009 | -€3,395 | -18.4% |
| Trade debts | 44 | €81,433 | €80,710 | -€723 | -0.9% |
| Suppliers | 440/4 | €81,433 | €80,710 | -€723 | -0.9% |
| Advances received on contracts in progress | 46 | €2,500 | €122,432 | +€119,932 | +4,797% |
| Taxes, remuneration and social security | 45 | €71,386 | €79,737 | +€8,351 | +11.7% |
| Taxes | 450/3 | €42,765 | €54,656 | +€11,891 | +27.8% |
| Remuneration and social security | 454/9 | €28,621 | €25,082 | -€3,540 | -12.4% |
| Other amounts payable | 47/48 | €145,720 | €113,065 | -€32,655 | -22.4% |
| Remuneration, social security and pensions | 62 | €112,297 | €103,482 | -€8,815 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,581 | €12,739 | -€2,842 | -18.2% |
| Other operating charges | 640/8 | €6,712 | €13,189 | +€6,477 | +96.5% |
| Gross operating margin | 9900 | €151,174 | €139,139 | -€12,035 | -8.0% |
| Operating profit (loss) | 9901 | €16,584 | €9,729 | -€6,855 | -41.3% |
| Financial income | 75/76B | €0 | €393 | +€393 | +3,929,300% |
| Recurring financial income | 75 | €0 | €393 | +€393 | +3,929,300% |
| Financial charges | 65/66B | €8,472 | €7,768 | -€704 | -8.3% |
| Recurring financial charges | 65 | €8,472 | €7,768 | -€704 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €8,113 | €2,354 | -€5,759 | -71.0% |
| Income taxes | 67/77 | €8,072 | €816 | -€7,256 | -89.9% |
| Profit (loss) for the period | 9904 | €41 | €1,538 | +€1,497 | +3,647% |
| Profit (loss) for the period to be appropriated | 9905 | €41 | €1,538 | +€1,497 | +3,647% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.