HOME SAILS.EU: 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 SAILS.EU
Largest movements
- Cash -€18,062
down €18,062 (-34.6%), from €52,217 to €34,155
mainly Net result for the year (-€14,674) and Stocks and contracts (-€10,333)
- Receivables within one year -€14,941
down €14,941 (-14.4%), from €103,702 to €88,761
of which Trade receivables: -€14,304
- Stocks and contracts +€10,333
up €10,333 (+165%), from €6,247 to €16,580
- Tangible fixed assets -€2,169
down €2,169 (-57.2%), from €3,795 to €1,626
- Profit (loss) carried forward -€14,674
down €14,674 (-18.9%), from €77,562 to €62,888
- Tax, wage and social debts -€6,113
down €6,113 (-29.4%), from €20,779 to €14,666
of which Taxes: -€5,096
- Trade debts -€3,996
down €3,996 (-20.6%), from €19,398 to €15,402
- Gross operating margin -€17,046
down €17,046 (-30.4%), from €56,104 to €39,058
- Taxes +€12,518
up €12,518 (+5,877%), from €213 to €12,731
From the 2024 result to the 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,507 | €145,836 | -€24,671 | -14.5% |
| Fixed assets | 21/28 | €6,951 | €4,782 | -€2,169 | -31.2% |
| Tangible fixed assets | 22/27 | €3,795 | €1,626 | -€2,169 | -57.2% |
| Furniture and vehicles | 24 | €3,795 | €1,626 | -€2,169 | -57.2% |
| Financial fixed assets | 28 | €3,156 | €3,156 | = | 0.0% |
| Current assets | 29/58 | €163,556 | €141,054 | -€22,502 | -13.8% |
| Stocks and contracts in progress | 3 | €6,247 | €16,580 | +€10,333 | +165% |
| Stocks | 30/36 | €6,247 | €16,580 | +€10,333 | +165% |
| Amounts receivable within one year | 40/41 | €103,702 | €88,761 | -€14,941 | -14.4% |
| Trade receivables | 40 | €84,771 | €70,467 | -€14,304 | -16.9% |
| Other amounts receivable | 41 | €18,931 | €18,294 | -€637 | -3.4% |
| Cash at bank and in hand | 54/58 | €52,217 | €34,155 | -€18,062 | -34.6% |
| Deferred charges and accrued income | 490/1 | €1,390 | €1,558 | +€168 | +12.1% |
| Total equity and liabilities | 10/49 | €170,507 | €145,836 | -€24,671 | -14.5% |
| Equity | 10/15 | €85,622 | €70,948 | -€14,674 | -17.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | €77,562 | €62,888 | -€14,674 | -18.9% |
| Amounts payable | 17/49 | €84,885 | €74,888 | -€9,997 | -11.8% |
| Amounts payable within one year | 42/48 | €81,823 | €71,716 | -€10,107 | -12.4% |
| Trade debts | 44 | €19,398 | €15,402 | -€3,996 | -20.6% |
| Suppliers | 440/4 | €19,398 | €15,402 | -€3,996 | -20.6% |
| Taxes, remuneration and social security | 45 | €20,779 | €14,666 | -€6,113 | -29.4% |
| Taxes | 450/3 | €13,124 | €8,028 | -€5,096 | -38.8% |
| Remuneration and social security | 454/9 | €7,655 | €6,638 | -€1,017 | -13.3% |
| Other amounts payable | 47/48 | €41,646 | €41,648 | +€2 | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,062 | €3,172 | +€110 | +3.6% |
| Remuneration, social security and pensions | 62 | €37,148 | €37,525 | +€377 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,453 | €2,169 | -€284 | -11.6% |
| Other operating charges | 640/8 | €445 | €956 | +€511 | +115% |
| Gross operating margin | 9900 | €56,104 | €39,058 | -€17,046 | -30.4% |
| Operating profit (loss) | 9901 | €16,058 | -€1,592 | -€17,650 | |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €186 | €364 | +€178 | +95.7% |
| Recurring financial charges | 65 | €186 | €364 | +€178 | +95.7% |
| Profit (loss) for the period before taxes | 9903 | €15,872 | -€1,943 | -€17,815 | |
| Income taxes | 67/77 | €213 | €12,731 | +€12,518 | +5,877% |
| Profit (loss) for the period | 9904 | €15,659 | -€14,674 | -€30,333 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,659 | -€14,674 | -€30,333 |
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 21 October 2026 via checked.be.