HOME PROJECT RS: what changed
HOME PROJECT RS
Largest movements
- Cash -€100,123
down €100,123 (-65.1%), from €153,828 to €53,705
mainly Receivables within one year (-€70,628) and Net result for the year (-€19,977)
- Receivables within one year +€70,628
up €70,628 (+1,316%), from €5,368 to €75,997
of which Trade receivables: +€69,881
- Stocks and contracts +€10,487
new in 2025: €10,487
- Tangible fixed assets -€6,630
down €6,630 (-26.3%), from €25,181 to €18,552
of which Furniture and vehicles: -€5,945
- Deferred charges and accrued income +€2,606
up €2,606 (+217%), from €1,199 to €3,805
- Profit (loss) carried forward -€19,977
down €19,977 (-12.3%), from €162,497 to €142,519
- Tax, wage and social debts -€2,668
down €2,668 (-27.2%), from €9,800 to €7,132
of which Taxes: -€1,818
- Gross operating margin -€234,607
down €234,607, from €222,319 to -€12,288
- Taxes -€47,336
down €47,336 (-99.7%), from €47,468 to €132
- Staff costs -€2,934
down €2,934 (-80.5%), from €3,646 to €712
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,577 | €162,546 | -€23,031 | -12.4% |
| Fixed assets | 21/28 | €25,181 | €18,552 | -€6,630 | -26.3% |
| Tangible fixed assets | 22/27 | €25,181 | €18,552 | -€6,630 | -26.3% |
| Plant, machinery and equipment | 23 | €2,585 | €1,901 | -€685 | -26.5% |
| Furniture and vehicles | 24 | €22,596 | €16,651 | -€5,945 | -26.3% |
| Current assets | 29/58 | €160,395 | €143,994 | -€16,401 | -10.2% |
| Stocks and contracts in progress | 3 | - | €10,487 | +€10,487 | |
| Stocks | 30/36 | - | €10,487 | +€10,487 | |
| Amounts receivable within one year | 40/41 | €5,368 | €75,997 | +€70,628 | +1,316% |
| Trade receivables | 40 | €2,201 | €72,082 | +€69,881 | +3,175% |
| Other amounts receivable | 41 | €3,167 | €3,914 | +€747 | +23.6% |
| Cash at bank and in hand | 54/58 | €153,828 | €53,705 | -€100,123 | -65.1% |
| Deferred charges and accrued income | 490/1 | €1,199 | €3,805 | +€2,606 | +217% |
| Total equity and liabilities | 10/49 | €185,577 | €162,546 | -€23,031 | -12.4% |
| Equity | 10/15 | €167,497 | €147,519 | -€19,977 | -11.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162,497 | €142,519 | -€19,977 | -12.3% |
| Amounts payable | 17/49 | €18,080 | €15,027 | -€3,054 | -16.9% |
| Amounts payable within one year | 42/48 | €18,080 | €15,027 | -€3,054 | -16.9% |
| Trade debts | 44 | €648 | €347 | -€302 | -46.5% |
| Suppliers | 440/4 | €648 | €347 | -€302 | -46.5% |
| Taxes, remuneration and social security | 45 | €9,800 | €7,132 | -€2,668 | -27.2% |
| Taxes | 450/3 | €6,450 | €4,632 | -€1,818 | -28.2% |
| Remuneration and social security | 454/9 | €3,350 | €2,500 | -€850 | -25.4% |
| Other amounts payable | 47/48 | €7,632 | €7,548 | -€84 | -1.1% |
| Remuneration, social security and pensions | 62 | €3,646 | €712 | -€2,934 | -80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,967 | €6,630 | -€1,337 | -16.8% |
| Other operating charges | 640/8 | €455 | €109 | -€346 | -76.1% |
| Gross operating margin | 9900 | €222,319 | -€12,288 | -€234,607 | |
| Operating profit (loss) | 9901 | €210,252 | -€19,739 | -€229,990 | |
| Financial income | 75/76B | €120 | €100 | -€20 | -16.9% |
| Recurring financial income | 75 | €120 | €100 | -€20 | -16.9% |
| Financial charges | 65/66B | €407 | €206 | -€201 | -49.4% |
| Recurring financial charges | 65 | €407 | €206 | -€201 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | €209,965 | -€19,845 | -€229,810 | |
| Income taxes | 67/77 | €47,468 | €132 | -€47,336 | -99.7% |
| Profit (loss) for the period | 9904 | €162,497 | -€19,977 | -€182,474 | |
| Profit (loss) for the period to be appropriated | 9905 | €162,497 | -€19,977 | -€182,474 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.