HOME REFRESH: what changed
HOME REFRESH
Largest movements
- Cash -€15,731
down €15,731 (-92.1%), from €17,086 to €1,355
mainly Other debts (-€28,567) and Investment in fixed assets (net) (-€3,579)
- Receivables within one year -€7,771
down €7,771 (-16.9%), from €45,990 to €38,219
of which Other amounts receivable: -€23,253
- Tangible fixed assets +€2,722
up €2,722 (+109%), from €2,504 to €5,226
of which Furniture and vehicles: +€3,393
- Other debts -€28,567
down €28,567 (-65.1%), from €43,861 to €15,294
- Short-term financial debts +€5,628
new in 2025: €5,628
- Profit (loss) carried forward +€2,488
up €2,488 (+49.1%), from -€5,064 to -€2,576
- Trade debts -€2,190
down €2,190 (-27.7%), from €7,911 to €5,721
- Tax, wage and social debts +€2,046
up €2,046 (+278%), from €735 to €2,781
of which Remuneration and social security: +€1,275
- Turnover -€227,971
down €227,971 (-40.6%), from €561,722 to €333,751
- Purchases and services -€217,898
down €217,898 (-39.8%), from €547,875 to €329,977
- Gross operating margin -€8,010
down €8,010 (-48.9%), from €16,368 to €8,358
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 | €67,903 | €47,308 | -€20,595 | -30.3% |
| Fixed assets | 21/28 | €2,504 | €5,226 | +€2,722 | +109% |
| Tangible fixed assets | 22/27 | €2,504 | €5,226 | +€2,722 | +109% |
| Plant, machinery and equipment | 23 | €2,504 | €1,833 | -€671 | -26.8% |
| Furniture and vehicles | 24 | - | €3,393 | +€3,393 | |
| Current assets | 29/58 | €65,399 | €42,082 | -€23,317 | -35.7% |
| Amounts receivable within one year | 40/41 | €45,990 | €38,219 | -€7,771 | -16.9% |
| Trade receivables | 40 | €22,037 | €37,519 | +€15,482 | +70.3% |
| Other amounts receivable | 41 | €23,953 | €700 | -€23,253 | -97.1% |
| Cash at bank and in hand | 54/58 | €17,086 | €1,355 | -€15,731 | -92.1% |
| Deferred charges and accrued income | 490/1 | €2,323 | €2,508 | +€185 | +8.0% |
| Total equity and liabilities | 10/49 | €67,903 | €47,308 | -€20,595 | -30.3% |
| Equity | 10/15 | €15,396 | €17,884 | +€2,488 | +16.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,064 | -€2,576 | +€2,488 | +49.1% |
| Amounts payable | 17/49 | €52,507 | €29,424 | -€23,083 | -44.0% |
| Amounts payable within one year | 42/48 | €52,507 | €29,424 | -€23,083 | -44.0% |
| Financial debts | 43 | - | €5,628 | +€5,628 | |
| Credit institutions | 430/8 | - | €5,628 | +€5,628 | |
| Trade debts | 44 | €7,911 | €5,721 | -€2,190 | -27.7% |
| Suppliers | 440/4 | €7,911 | €5,721 | -€2,190 | -27.7% |
| Taxes, remuneration and social security | 45 | €735 | €2,781 | +€2,046 | +278% |
| Taxes | 450/3 | €735 | €1,506 | +€771 | +105% |
| Remuneration and social security | 454/9 | - | €1,275 | +€1,275 | |
| Other amounts payable | 47/48 | €43,861 | €15,294 | -€28,567 | -65.1% |
| Turnover | 70 | €561,722 | €333,751 | -€227,971 | -40.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €547,875 | €329,977 | -€217,898 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €670 | €857 | +€187 | +27.9% |
| Other operating charges | 640/8 | €1,478 | €926 | -€552 | -37.3% |
| Gross operating margin | 9900 | €16,368 | €8,358 | -€8,010 | -48.9% |
| Operating profit (loss) | 9901 | €14,220 | €6,575 | -€7,645 | -53.8% |
| Financial income | 75/76B | €51 | €157 | +€106 | +208% |
| Recurring financial income | 75 | €51 | €157 | +€106 | +208% |
| Financial charges | 65/66B | €3,633 | €3,154 | -€479 | -13.2% |
| Recurring financial charges | 65 | €3,633 | €3,154 | -€479 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €10,638 | €3,578 | -€7,060 | -66.4% |
| Income taxes | 67/77 | €123 | €1,090 | +€967 | +786% |
| Profit (loss) for the period | 9904 | €10,515 | €2,488 | -€8,027 | -76.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,515 | €2,488 | -€8,027 | -76.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.