HOME PLUS: 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 PLUS
Largest movements
- Cash -€81,621
down €81,621 (-48.3%), from €168,906 to €87,286
mainly Investment in fixed assets (net) (-€95,852) and Trade debts (-€77,429)
- Tangible fixed assets +€66,343
up €66,343 (+88.8%), from €74,711 to €141,054
of which Plant, machinery and equipment: +€43,470
- Receivables within one year -€46,401
down €46,401 (-15.8%), from €294,478 to €248,077
of which Trade receivables: -€57,409
- Stocks and contracts +€6,021
up €6,021 (+24.8%), from €24,275 to €30,296
- Trade debts -€77,429
down €77,429 (-25.1%), from €309,082 to €231,653
- Profit (loss) carried forward +€50,532
up €50,532 (+26.8%), from €188,521 to €239,052
- Tax, wage and social debts -€23,379
down €23,379 (-55.7%), from €41,969 to €18,590
of which Taxes: -€18,771
- Debts after one year -€8,212
down €8,212 (-63.1%), from €13,004 to €4,793
- Gross operating margin -€36,800
down €36,800 (-8.5%), from €434,593 to €397,793
- Depreciation +€14,315
up €14,315 (+87.2%), from €16,412 to €30,728
- Taxes -€13,605
down €13,605 (-39.3%), from €34,584 to €20,979
- Staff costs +€12,132
up €12,132 (+4.5%), from €268,736 to €280,867
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.
Cash bridge derived
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 | €573,327 | €518,020 | -€55,307 | -9.6% |
| Fixed assets | 21/28 | €79,944 | €145,068 | +€65,124 | +81.5% |
| Intangible fixed assets | 21 | €5,233 | €4,014 | -€1,219 | -23.3% |
| Tangible fixed assets | 22/27 | €74,711 | €141,054 | +€66,343 | +88.8% |
| Land and buildings | 22 | €1,071 | €915 | -€156 | -14.6% |
| Plant, machinery and equipment | 23 | €17,490 | €60,960 | +€43,470 | +248.5% |
| Furniture and vehicles | 24 | €34,425 | €61,390 | +€26,965 | +78.3% |
| Other tangible fixed assets | 26 | €21,725 | €17,790 | -€3,936 | -18.1% |
| Current assets | 29/58 | €493,383 | €372,952 | -€120,431 | -24.4% |
| Stocks and contracts in progress | 3 | €24,275 | €30,296 | +€6,021 | +24.8% |
| Stocks | 30/36 | €24,275 | €30,296 | +€6,021 | +24.8% |
| Amounts receivable within one year | 40/41 | €294,478 | €248,077 | -€46,401 | -15.8% |
| Trade receivables | 40 | €284,417 | €227,009 | -€57,409 | -20.2% |
| Other amounts receivable | 41 | €10,060 | €21,068 | +€11,008 | +109.4% |
| Cash at bank and in hand | 54/58 | €168,906 | €87,286 | -€81,621 | -48.3% |
| Deferred charges and accrued income | 490/1 | €5,724 | €7,293 | +€1,569 | +27.4% |
| Total equity and liabilities | 10/49 | €573,327 | €518,020 | -€55,307 | -9.6% |
| Equity | 10/15 | €193,021 | €243,552 | +€50,532 | +26.2% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,521 | €239,052 | +€50,532 | +26.8% |
| Amounts payable | 17/49 | €380,307 | €274,468 | -€105,839 | -27.8% |
| Amounts payable after more than one year | 17 | €13,004 | €4,793 | -€8,212 | -63.1% |
| Financial debts | 170/4 | €13,004 | €4,793 | -€8,212 | -63.1% |
| Amounts payable within one year | 42/48 | €367,302 | €269,675 | -€97,627 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €8,405 | €12,831 | +€4,426 | +52.7% |
| Trade debts | 44 | €309,082 | €231,653 | -€77,429 | -25.1% |
| Suppliers | 440/4 | €309,082 | €231,653 | -€77,429 | -25.1% |
| Taxes, remuneration and social security | 45 | €41,969 | €18,590 | -€23,379 | -55.7% |
| Taxes | 450/3 | €29,839 | €11,068 | -€18,771 | -62.9% |
| Remuneration and social security | 454/9 | €12,130 | €7,522 | -€4,608 | -38.0% |
| Other amounts payable | 47/48 | €7,846 | €6,601 | -€1,245 | -15.9% |
| Remuneration, social security and pensions | 62 | €268,736 | €280,867 | +€12,132 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,412 | €30,728 | +€14,315 | +87.2% |
| Other operating charges | 640/8 | €10,215 | €14,459 | +€4,244 | +41.5% |
| Gross operating margin | 9900 | €434,593 | €397,793 | -€36,800 | -8.5% |
| Operating profit (loss) | 9901 | €139,230 | €71,739 | -€67,491 | -48.5% |
| Financial income | 75/76B | €1,158 | €1,246 | +€89 | +7.7% |
| Recurring financial income | 75 | €1,158 | €1,246 | +€89 | +7.7% |
| Financial charges | 65/66B | €712 | €1,475 | +€762 | +107.0% |
| Recurring financial charges | 65 | €712 | €1,475 | +€762 | +107.0% |
| Profit (loss) for the period before taxes | 9903 | €139,676 | €71,511 | -€68,165 | -48.8% |
| Income taxes | 67/77 | €34,584 | €20,979 | -€13,605 | -39.3% |
| Profit (loss) for the period | 9904 | €105,092 | €50,532 | -€54,560 | -51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €105,092 | €50,532 | -€54,560 | -51.9% |
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 11 October 2026 via checked.be.