HOME STAGING: 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 STAGING
Largest movements
- Receivables within one year +€104,488
up €104,488 (+637%), from €16,407 to €120,895
of which Trade receivables: +€89,313
- Cash -€58,527
down €58,527 (-31.8%), from €183,931 to €125,404
mainly Receivables within one year (-€104,488) and Contributions, distributions and other (-€36,000)
- Tangible fixed assets -€13,730
down €13,730 (-50.7%), from €27,090 to €13,360
of which Leasing and similar rights: -€13,360
- Profit (loss) carried forward +€46,522
up €46,522 (+31.6%), from €147,059 to €193,581
- Other debts -€18,893
down €18,893 (-34.4%), from €54,893 to €36,000
- Tax, wage and social debts +€11,549
up €11,549 (+151%), from €7,671 to €19,220
of which Taxes: +€11,160
- Debts after one year -€10,737
no longer reported in 2025 (was €10,737)
- Trade debts +€4,244
up €4,244 (+505%), from €841 to €5,084
- Gross operating margin -€34,554
down €34,554 (-22.4%), from €154,539 to €119,985
- Write-downs -€27,806
no longer reported in 2025 (was €27,806)
- Staff costs +€2,077
new in 2025: €2,077
- Taxes +€1,573
up €1,573 (+8.4%), from €18,833 to €20,406
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 | €240,178 | €273,656 | +€33,478 | +13.9% |
| Fixed assets | 21/28 | €39,840 | €26,110 | -€13,730 | -34.5% |
| Tangible fixed assets | 22/27 | €27,090 | €13,360 | -€13,730 | -50.7% |
| Furniture and vehicles | 24 | €370 | - | -€370 | |
| Leasing and similar rights | 25 | €26,720 | €13,360 | -€13,360 | -50.0% |
| Financial fixed assets | 28 | €12,750 | €12,750 | = | 0.0% |
| Current assets | 29/58 | €200,338 | €247,546 | +€47,208 | +23.6% |
| Amounts receivable within one year | 40/41 | €16,407 | €120,895 | +€104,488 | +637% |
| Trade receivables | 40 | €16,407 | €105,720 | +€89,313 | +544% |
| Other amounts receivable | 41 | - | €15,175 | +€15,175 | |
| Cash at bank and in hand | 54/58 | €183,931 | €125,404 | -€58,527 | -31.8% |
| Deferred charges and accrued income | 490/1 | - | €1,247 | +€1,247 | |
| Total equity and liabilities | 10/49 | €240,178 | €273,656 | +€33,478 | +13.9% |
| Equity | 10/15 | €153,059 | €199,581 | +€46,522 | +30.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,059 | €193,581 | +€46,522 | +31.6% |
| Amounts payable | 17/49 | €87,119 | €74,075 | -€13,044 | -15.0% |
| Amounts payable after more than one year | 17 | €10,737 | - | -€10,737 | |
| Financial debts | 170/4 | €10,737 | - | -€10,737 | |
| Amounts payable within one year | 42/48 | €76,382 | €74,075 | -€2,308 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €12,977 | €13,770 | +€793 | +6.1% |
| Trade debts | 44 | €841 | €5,084 | +€4,244 | +505% |
| Suppliers | 440/4 | €841 | €5,084 | +€4,244 | +505% |
| Taxes, remuneration and social security | 45 | €7,671 | €19,220 | +€11,549 | +151% |
| Taxes | 450/3 | €7,671 | €18,831 | +€11,160 | +145% |
| Remuneration and social security | 454/9 | - | €389 | +€389 | |
| Other amounts payable | 47/48 | €54,893 | €36,000 | -€18,893 | -34.4% |
| Remuneration, social security and pensions | 62 | - | €2,077 | +€2,077 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,100 | €13,730 | -€370 | -2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €27,806 | - | -€27,806 | |
| Other operating charges | 640/8 | €1,880 | €548 | -€1,332 | -70.8% |
| Gross operating margin | 9900 | €154,539 | €119,985 | -€34,554 | -22.4% |
| Operating profit (loss) | 9901 | €110,753 | €103,629 | -€7,124 | -6.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.2% |
| Financial charges | 65/66B | €1,232 | €701 | -€531 | -43.1% |
| Recurring financial charges | 65 | €1,232 | €701 | -€531 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €109,523 | €102,928 | -€6,594 | -6.0% |
| Income taxes | 67/77 | €18,833 | €20,406 | +€1,573 | +8.4% |
| Profit (loss) for the period | 9904 | €90,690 | €82,522 | -€8,168 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €90,690 | €82,522 | -€8,168 | -9.0% |
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 29 October 2026 via checked.be.