HOME START-UP: 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 START-UP
Largest movements
- Stocks and contracts -€222,072
down €222,072 (-42.1%), from €527,077 to €305,006
- Tangible fixed assets -€6,251
down €6,251 (-50.4%), from €12,400 to €6,149
of which Furniture and vehicles: -€6,200
- Short-term financial debts -€103,118
down €103,118 (-32.0%), from €322,500 to €219,382
- Other debts -€77,250
down €77,250 (-38.3%), from €201,739 to €124,488
- Accrued charges and deferred income -€20,400
no longer reported in 2025 (was €20,400)
- Profit (loss) carried forward -€16,836
down €16,836 (-40.2%), from -€41,879 to -€58,716
- Gross operating margin +€64,249
up €64,249, from -€37,294 to €26,955
- Taxes +€12,586
new in 2025: €12,586
- Depreciation -€1,632
down €1,632 (-20.7%), from €7,883 to €6,251
- Financial charges -€1,632
down €1,632 (-7.1%), from €23,012 to €21,380
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 | €552,371 | €328,795 | -€223,577 | -40.5% |
| Fixed assets | 21/28 | €12,400 | €6,149 | -€6,251 | -50.4% |
| Tangible fixed assets | 22/27 | €12,400 | €6,149 | -€6,251 | -50.4% |
| Plant, machinery and equipment | 23 | €51 | - | -€51 | |
| Furniture and vehicles | 24 | €12,349 | €6,149 | -€6,200 | -50.2% |
| Current assets | 29/58 | €539,971 | €322,645 | -€217,325 | -40.2% |
| Stocks and contracts in progress | 3 | €527,077 | €305,006 | -€222,072 | -42.1% |
| Stocks | 30/36 | €527,077 | €305,006 | -€222,072 | -42.1% |
| Amounts receivable within one year | 40/41 | €6,288 | €6,288 | = | 0.0% |
| Other amounts receivable | 41 | €6,288 | €6,288 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,100 | €5,183 | +€4,083 | +371% |
| Deferred charges and accrued income | 490/1 | €5,506 | €6,169 | +€663 | +12.0% |
| Total equity and liabilities | 10/49 | €552,371 | €328,795 | -€223,577 | -40.5% |
| Equity | 10/15 | -€11,879 | -€28,716 | -€16,836 | -142% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,879 | -€58,716 | -€16,836 | -40.2% |
| Amounts payable | 17/49 | €564,251 | €357,510 | -€206,740 | -36.6% |
| Amounts payable within one year | 42/48 | €543,851 | €357,510 | -€186,340 | -34.3% |
| Financial debts | 43 | €322,500 | €219,382 | -€103,118 | -32.0% |
| Other loans | 439 | €322,500 | €219,382 | -€103,118 | -32.0% |
| Trade debts | 44 | €15,762 | €12,106 | -€3,656 | -23.2% |
| Suppliers | 440/4 | €15,762 | €12,106 | -€3,656 | -23.2% |
| Taxes, remuneration and social security | 45 | €3,850 | €1,534 | -€2,316 | -60.2% |
| Taxes | 450/3 | €3,850 | €1,534 | -€2,316 | -60.2% |
| Other amounts payable | 47/48 | €201,739 | €124,488 | -€77,250 | -38.3% |
| Accrued charges and deferred income | 492/3 | €20,400 | - | -€20,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,883 | €6,251 | -€1,632 | -20.7% |
| Other operating charges | 640/8 | €3,248 | €3,574 | +€326 | +10.0% |
| Gross operating margin | 9900 | -€37,294 | €26,955 | +€64,249 | |
| Operating profit (loss) | 9901 | -€48,426 | €17,130 | +€65,556 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €23,012 | €21,380 | -€1,632 | -7.1% |
| Recurring financial charges | 65 | €23,012 | €21,380 | -€1,632 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | -€71,433 | -€4,250 | +€67,183 | +94.1% |
| Income taxes | 67/77 | - | €12,586 | +€12,586 | |
| Profit (loss) for the period | 9904 | -€71,433 | -€16,836 | +€54,597 | +76.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,433 | -€16,836 | +€54,597 | +76.4% |
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.