HOME VISION: 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 VISION
Largest movements
- Receivables within one year -€78,906
down €78,906 (-61.5%), from €128,317 to €49,411
of which Trade receivables: -€63,201
- Tangible fixed assets -€16,500
down €16,500 (-5.9%), from €278,912 to €262,411
of which Land and buildings: -€10,155
- Stocks and contracts +€13,216
up €13,216 (+185%), from €7,131 to €20,347
- Cash -€8,661
down €8,661 (-29.0%), from €29,839 to €21,178
mainly Trade debts (-€42,634) and Debts after one year (-€28,101)
- Trade debts -€42,634
down €42,634 (-43.8%), from €97,285 to €54,651
- Debts after one year -€28,101
down €28,101 (-13.6%), from €206,634 to €178,533
- Tax, wage and social debts -€16,232
down €16,232 (-53.2%), from €30,485 to €14,254
of which Taxes: -€16,752
- Profit (loss) carried forward -€5,649
down €5,649 (-16.6%), from €34,090 to €28,441
- Turnover -€291,648
down €291,648 (-36.9%), from €789,391 to €497,742
- Purchases and services -€244,179
down €244,179 (-43.7%), from €558,652 to €314,473
- Gross operating margin -€47,469
down €47,469 (-20.6%), from €230,738 to €183,269
- Staff costs -€29,404
down €29,404 (-16.0%), from €183,872 to €154,468
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €457,758 | €365,131 | -€92,627 | -20.2% |
| Fixed assets | 21/28 | €282,107 | €267,713 | -€14,393 | -5.1% |
| Intangible fixed assets | 21 | - | €2,107 | +€2,107 | |
| Tangible fixed assets | 22/27 | €278,912 | €262,411 | -€16,500 | -5.9% |
| Land and buildings | 22 | €164,931 | €154,776 | -€10,155 | -6.2% |
| Plant, machinery and equipment | 23 | €1,698 | €973 | -€725 | -42.7% |
| Furniture and vehicles | 24 | €230 | €0 | -€230 | -100% |
| Other tangible fixed assets | 26 | €112,053 | €106,662 | -€5,391 | -4.8% |
| Financial fixed assets | 28 | €3,195 | €3,195 | = | 0.0% |
| Current assets | 29/58 | €175,651 | €97,417 | -€78,234 | -44.5% |
| Stocks and contracts in progress | 3 | €7,131 | €20,347 | +€13,216 | +185% |
| Stocks | 30/36 | €7,131 | €20,347 | +€13,216 | +185% |
| Amounts receivable within one year | 40/41 | €128,317 | €49,411 | -€78,906 | -61.5% |
| Trade receivables | 40 | €111,052 | €47,852 | -€63,201 | -56.9% |
| Other amounts receivable | 41 | €17,265 | €1,559 | -€15,706 | -91.0% |
| Cash at bank and in hand | 54/58 | €29,839 | €21,178 | -€8,661 | -29.0% |
| Deferred charges and accrued income | 490/1 | €10,364 | €6,482 | -€3,883 | -37.5% |
| Total equity and liabilities | 10/49 | €457,758 | €365,131 | -€92,627 | -20.2% |
| Equity | 10/15 | €54,495 | €48,846 | -€5,649 | -10.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,090 | €28,441 | -€5,649 | -16.6% |
| Amounts payable | 17/49 | €403,262 | €316,285 | -€86,978 | -21.6% |
| Amounts payable after more than one year | 17 | €206,634 | €178,533 | -€28,101 | -13.6% |
| Financial debts | 170/4 | €206,634 | €178,533 | -€28,101 | -13.6% |
| Amounts payable within one year | 42/48 | €155,668 | €100,211 | -€55,457 | -35.6% |
| Current portion of amounts payable after more than one year | 42 | €27,365 | €28,101 | +€736 | +2.7% |
| Trade debts | 44 | €97,285 | €54,651 | -€42,634 | -43.8% |
| Suppliers | 440/4 | €97,285 | €54,651 | -€42,634 | -43.8% |
| Taxes, remuneration and social security | 45 | €30,485 | €14,254 | -€16,232 | -53.2% |
| Taxes | 450/3 | €26,844 | €10,092 | -€16,752 | -62.4% |
| Remuneration and social security | 454/9 | €3,641 | €4,162 | +€521 | +14.3% |
| Other amounts payable | 47/48 | €532 | €3,206 | +€2,673 | +502% |
| Accrued charges and deferred income | 492/3 | €40,960 | €37,540 | -€3,420 | -8.3% |
| Turnover | 70 | €789,391 | €497,742 | -€291,648 | -36.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €558,652 | €314,473 | -€244,179 | -43.7% |
| Remuneration, social security and pensions | 62 | €183,872 | €154,468 | -€29,404 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,308 | €20,626 | +€318 | +1.6% |
| Other operating charges | 640/8 | €5,379 | €6,925 | +€1,546 | +28.7% |
| Gross operating margin | 9900 | €230,738 | €183,269 | -€47,469 | -20.6% |
| Operating profit (loss) | 9901 | €21,180 | €1,251 | -€19,929 | -94.1% |
| Financial income | 75/76B | €117 | €248 | +€131 | +112% |
| Recurring financial income | 75 | €117 | €248 | +€131 | +112% |
| Financial charges | 65/66B | €7,432 | €6,967 | -€465 | -6.3% |
| Recurring financial charges | 65 | €7,432 | €6,967 | -€465 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €13,864 | -€5,469 | -€19,333 | |
| Income taxes | 67/77 | €3,896 | €180 | -€3,716 | -95.4% |
| Profit (loss) for the period | 9904 | €9,968 | -€5,649 | -€15,617 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,968 | -€5,649 | -€15,617 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.