HomeArt: 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.
HomeArt
Largest movements
- Receivables within one year -€27,175
down €27,175 (-49.8%), from €54,528 to €27,354
of which Trade receivables: -€26,751
- Tangible fixed assets -€27,065
down €27,065 (-4.3%), from €622,636 to €595,571
of which Land and buildings: -€15,081
- Stocks and contracts -€15,000
no longer reported in 2024 (was €15,000)
- Other debts -€39,401
down €39,401 (-68.9%), from €57,166 to €17,764
- Debts after one year -€33,845
down €33,845 (-8.0%), from €425,056 to €391,211
- Trade debts -€16,032
down €16,032 (-33.1%), from €48,426 to €32,394
- Tax, wage and social debts +€15,132
up €15,132 (+911%), from €1,661 to €16,793
- Reserves +€12,575
up €12,575 (+13.3%), from €94,290 to €106,865
of which Distributable reserves: +€12,575
- Gross operating margin +€20,965
up €20,965 (+60.4%), from €34,688 to €55,653
- Taxes +€14,574
up €14,574, from -€6,171 to €8,403
- Financial charges +€3,687
up €3,687 (+178%), from €2,072 to €5,759
- Other operating charges -€2,374
down €2,374 (-73.6%), from €3,225 to €851
- Write-downs +€1,000
new in 2024: €1,000
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €696,347 | €628,872 | -€67,474 | -9.7% |
| Fixed assets | 21/28 | €622,636 | €595,571 | -€27,065 | -4.3% |
| Tangible fixed assets | 22/27 | €622,636 | €595,571 | -€27,065 | -4.3% |
| Land and buildings | 22 | €569,115 | €554,034 | -€15,081 | -2.6% |
| Plant, machinery and equipment | 23 | €11,221 | €9,294 | -€1,927 | -17.2% |
| Furniture and vehicles | 24 | €42,299 | €32,243 | -€10,057 | -23.8% |
| Current assets | 29/58 | €73,711 | €33,301 | -€40,410 | -54.8% |
| Stocks and contracts in progress | 3 | €15,000 | - | -€15,000 | |
| Stocks | 30/36 | €15,000 | - | -€15,000 | |
| Amounts receivable within one year | 40/41 | €54,528 | €27,354 | -€27,175 | -49.8% |
| Trade receivables | 40 | €54,104 | €27,354 | -€26,751 | -49.4% |
| Other amounts receivable | 41 | €424 | - | -€424 | |
| Deferred charges and accrued income | 490/1 | €4,183 | €5,948 | +€1,765 | +42.2% |
| Total equity and liabilities | 10/49 | €696,347 | €628,872 | -€67,474 | -9.7% |
| Equity | 10/15 | €124,290 | €136,865 | +€12,575 | +10.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €94,290 | €106,865 | +€12,575 | +13.3% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €91,290 | €103,865 | +€12,575 | +13.8% |
| Amounts payable | 17/49 | €572,057 | €492,007 | -€80,050 | -14.0% |
| Amounts payable after more than one year | 17 | €425,056 | €391,211 | -€33,845 | -8.0% |
| Financial debts | 170/4 | €425,056 | €391,211 | -€33,845 | -8.0% |
| Amounts payable within one year | 42/48 | €147,001 | €100,796 | -€46,205 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €39,748 | €33,845 | -€5,904 | -14.9% |
| Trade debts | 44 | €48,426 | €32,394 | -€16,032 | -33.1% |
| Suppliers | 440/4 | €48,426 | €32,394 | -€16,032 | -33.1% |
| Taxes, remuneration and social security | 45 | €1,661 | €16,793 | +€15,132 | +911% |
| Taxes | 450/3 | €1,661 | €16,793 | +€15,132 | +911% |
| Other amounts payable | 47/48 | €57,166 | €17,764 | -€39,401 | -68.9% |
| Non-recurring operating income | 76A | €14,534 | €22,445 | +€7,911 | +54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,173 | €27,065 | +€892 | +3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,000 | +€1,000 | |
| Other operating charges | 640/8 | €3,225 | €851 | -€2,374 | -73.6% |
| Gross operating margin | 9900 | €34,688 | €55,653 | +€20,965 | +60.4% |
| Operating profit (loss) | 9901 | €5,290 | €26,737 | +€21,447 | +405% |
| Financial charges | 65/66B | €2,072 | €5,759 | +€3,687 | +178% |
| Recurring financial charges | 65 | €2,072 | €5,759 | +€3,687 | +178% |
| Profit (loss) for the period before taxes | 9903 | €3,218 | €20,978 | +€17,760 | +552% |
| Income taxes | 67/77 | -€6,171 | €8,403 | +€14,574 | |
| Profit (loss) for the period | 9904 | €9,389 | €12,575 | +€3,186 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,389 | €12,575 | +€3,186 | +33.9% |
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 25 October 2026 via checked.be.