HOME TIMER: what changed
Two fiscal 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 TIMER
Largest movements
- Tangible fixed assets -€32,583
down €32,583 (-17.7%), from €184,442 to €151,859
of which Land and buildings: -€33,813
- Receivables within one year -€4,199
down €4,199 (-15.6%), from €26,991 to €22,792
of which Trade receivables: -€4,126
- Deferred charges and accrued income +€4,159
new in 2025: €4,159
- Debts after one year -€38,256
down €38,256 (-15.9%), from €240,356 to €202,101
- Profit (loss) carried forward +€24,940
up €24,940 (+11.1%), from -€224,805 to -€199,865
- Other debts -€16,742
down €16,742 (-18.3%), from €91,520 to €74,777
- Trade debts -€5,240
down €5,240 (-79.8%), from €6,563 to €1,323
- Gross operating margin +€13,684
up €13,684 (+24.0%), from €57,123 to €70,807
- Depreciation +€2,447
up €2,447 (+7.4%), from €33,102 to €35,550
- Write-downs -€1,950
down €1,950 (-100.0%), from €1,950 to €0
- Other operating charges -€1,038
down €1,038 (-16.5%), from €6,278 to €5,240
- Financial charges -€790
down €790 (-13.5%), from €5,868 to €5,077
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.
Cash bridge derived
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 | €213,199 | €180,036 | -€33,163 | -15.6% |
| Fixed assets | 21/28 | €184,942 | €152,359 | -€32,583 | -17.6% |
| Tangible fixed assets | 22/27 | €184,442 | €151,859 | -€32,583 | -17.7% |
| Land and buildings | 22 | €178,170 | €144,357 | -€33,813 | -19.0% |
| Furniture and vehicles | 24 | €4,577 | €6,146 | +€1,569 | +34.3% |
| Other tangible fixed assets | 26 | €1,695 | €1,356 | -€339 | -20.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €28,257 | €27,677 | -€580 | -2.1% |
| Amounts receivable within one year | 40/41 | €26,991 | €22,792 | -€4,199 | -15.6% |
| Trade receivables | 40 | €26,835 | €22,709 | -€4,126 | -15.4% |
| Other amounts receivable | 41 | €155 | €83 | -€73 | -46.7% |
| Cash at bank and in hand | 54/58 | €1,266 | €726 | -€540 | -42.7% |
| Deferred charges and accrued income | 490/1 | - | €4,159 | +€4,159 | |
| Total equity and liabilities | 10/49 | €213,199 | €180,036 | -€33,163 | -15.6% |
| Equity | 10/15 | -€162,805 | -€137,865 | +€24,940 | +15.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€224,805 | -€199,865 | +€24,940 | +11.1% |
| Amounts payable | 17/49 | €376,004 | €317,901 | -€58,102 | -15.5% |
| Amounts payable after more than one year | 17 | €240,356 | €202,101 | -€38,256 | -15.9% |
| Financial debts | 170/4 | €240,356 | €202,101 | -€38,256 | -15.9% |
| Amounts payable within one year | 42/48 | €135,647 | €115,800 | -€19,847 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €37,564 | €38,256 | +€691 | +1.8% |
| Trade debts | 44 | €6,563 | €1,323 | -€5,240 | -79.8% |
| Suppliers | 440/4 | €6,563 | €1,323 | -€5,240 | -79.8% |
| Taxes, remuneration and social security | 45 | €0 | €1,444 | +€1,444 | |
| Taxes | 450/3 | €0 | €1,444 | +€1,444 | |
| Other amounts payable | 47/48 | €91,520 | €74,777 | -€16,742 | -18.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,102 | €35,550 | +€2,447 | +7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,950 | €0 | -€1,950 | -100.0% |
| Other operating charges | 640/8 | €6,278 | €5,240 | -€1,038 | -16.5% |
| Gross operating margin | 9900 | €57,123 | €70,807 | +€13,684 | +24.0% |
| Operating profit (loss) | 9901 | €15,792 | €30,017 | +€14,224 | +90.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €5,868 | €5,077 | -€790 | -13.5% |
| Recurring financial charges | 65 | €5,868 | €5,077 | -€790 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €9,925 | €24,940 | +€15,015 | +151.3% |
| Profit (loss) for the period | 9904 | €9,925 | €24,940 | +€15,015 | +151.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,925 | €24,940 | +€15,015 | +151.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.