HOME PROPERTIES: 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 PROPERTIES
Largest movements
- Tangible fixed assets -€11,499
down €11,499 (-11.6%), from €99,436 to €87,937
- Receivables within one year +€11,342
up €11,342 (+26.0%), from €43,542 to €54,884
of which Trade receivables: +€11,342
- Cash -€3,439
down €3,439 (-74.5%), from €4,615 to €1,176
mainly Contributions, distributions and other (-€20,095) and Debts after one year (-€11,986)
- Other debts +€18,193
up €18,193 (+181%), from €10,026 to €28,219
- Reserves -€15,131
down €15,131 (-52.7%), from €28,738 to €13,607
of which Distributable reserves: -€15,131
- Debts after one year -€11,986
down €11,986 (-25.0%), from €47,976 to €35,990
- Short-term financial debts +€6,564
new in 2025: €6,564
- Tax, wage and social debts +€4,833
up €4,833 (+91.6%), from €5,277 to €10,110
- Gross operating margin -€5,123
down €5,123 (-16.8%), from €30,445 to €25,322
- Depreciation -€3,103
down €3,103 (-21.3%), from €14,602 to €11,499
- Financial charges -€712
down €712 (-15.1%), from €4,723 to €4,011
- Taxes -€687
down €687 (-17.6%), from €3,902 to €3,215
From the 31-12-2024 result to the 31-12-2025 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.
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,736 | €144,144 | -€3,592 | -2.4% |
| Fixed assets | 21/28 | €99,436 | €87,937 | -€11,499 | -11.6% |
| Tangible fixed assets | 22/27 | €99,436 | €87,937 | -€11,499 | -11.6% |
| Land and buildings | 22 | €92,583 | €86,943 | -€5,641 | -6.1% |
| Plant, machinery and equipment | 23 | €163 | €0 | -€163 | -100% |
| Furniture and vehicles | 24 | €6,690 | €995 | -€5,696 | -85.1% |
| Current assets | 29/58 | €48,300 | €56,207 | +€7,907 | +16.4% |
| Amounts receivable within one year | 40/41 | €43,542 | €54,884 | +€11,342 | +26.0% |
| Trade receivables | 40 | €15,125 | €26,467 | +€11,342 | +75.0% |
| Other amounts receivable | 41 | €28,417 | €28,417 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,615 | €1,176 | -€3,439 | -74.5% |
| Deferred charges and accrued income | 490/1 | €142 | €146 | +€4 | +2.8% |
| Total equity and liabilities | 10/49 | €147,736 | €144,144 | -€3,592 | -2.4% |
| Equity | 10/15 | €64,032 | €48,901 | -€15,131 | -23.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,738 | €13,607 | -€15,131 | -52.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,878 | €11,747 | -€15,131 | -56.3% |
| Profit (loss) carried forward | 14 | €16,694 | €16,694 | = | 0.0% |
| Amounts payable | 17/49 | €83,704 | €95,243 | +€11,539 | +13.8% |
| Amounts payable after more than one year | 17 | €47,976 | €35,990 | -€11,986 | -25.0% |
| Financial debts | 170/4 | €47,976 | €35,990 | -€11,986 | -25.0% |
| Amounts payable within one year | 42/48 | €35,728 | €58,853 | +€23,125 | +64.7% |
| Current portion of amounts payable after more than one year | 42 | €15,311 | €11,986 | -€3,325 | -21.7% |
| Financial debts | 43 | - | €6,564 | +€6,564 | |
| Credit institutions | 430/8 | - | €6,564 | +€6,564 | |
| Trade debts | 44 | €5,113 | €1,974 | -€3,139 | -61.4% |
| Suppliers | 440/4 | €5,113 | €1,974 | -€3,139 | -61.4% |
| Taxes, remuneration and social security | 45 | €5,277 | €10,110 | +€4,833 | +91.6% |
| Taxes | 450/3 | €5,277 | €10,110 | +€4,833 | +91.6% |
| Other amounts payable | 47/48 | €10,026 | €28,219 | +€18,193 | +181% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,602 | €11,499 | -€3,103 | -21.3% |
| Other operating charges | 640/8 | €1,624 | €1,633 | +€8 | +0.5% |
| Gross operating margin | 9900 | €30,445 | €25,322 | -€5,123 | -16.8% |
| Operating profit (loss) | 9901 | €14,218 | €12,190 | -€2,028 | -14.3% |
| Financial charges | 65/66B | €4,723 | €4,011 | -€712 | -15.1% |
| Recurring financial charges | 65 | €4,723 | €4,011 | -€712 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €9,495 | €8,179 | -€1,316 | -13.9% |
| Income taxes | 67/77 | €3,902 | €3,215 | -€687 | -17.6% |
| Profit (loss) for the period | 9904 | €5,593 | €4,964 | -€629 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,593 | €4,964 | -€629 | -11.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.