HOMEFIRE BELGIUM: 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.
HOMEFIRE BELGIUM
Largest movements
- Receivables within one year -€321,003
down €321,003 (-76.2%), from €421,003 to €100,000
- Other debts -€358,314
down €358,314 (-65.7%), from €545,613 to €187,299
- Profit (loss) carried forward +€124,743
up €124,743 (+61.4%), from -€203,048 to -€78,305
- Tax, wage and social debts -€51,905
down €51,905 (-57.8%), from €89,811 to €37,907
of which Taxes: -€52,077
- Accrued charges and deferred income -€28,832
down €28,832 (-55.6%), from €51,812 to €22,980
- Gross operating margin +€117,194
up €117,194 (+50.9%), from €230,459 to €347,653
- Taxes +€11,000
new in 2025: €11,000
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 | €510,334 | €196,688 | -€313,646 | -61.5% |
| Fixed assets | 21/28 | €71,347 | €71,160 | -€187 | -0.3% |
| Tangible fixed assets | 22/27 | €1,118 | €931 | -€187 | -16.7% |
| Furniture and vehicles | 24 | €1,118 | €931 | -€187 | -16.7% |
| Financial fixed assets | 28 | €70,229 | €70,229 | = | 0.0% |
| Current assets | 29/58 | €438,987 | €125,528 | -€313,460 | -71.4% |
| Amounts receivable within one year | 40/41 | €421,003 | €100,000 | -€321,003 | -76.2% |
| Trade receivables | 40 | €421,003 | €100,000 | -€321,003 | -76.2% |
| Cash at bank and in hand | 54/58 | €14,880 | €19,974 | +€5,094 | +34.2% |
| Deferred charges and accrued income | 490/1 | €3,104 | €5,554 | +€2,450 | +78.9% |
| Total equity and liabilities | 10/49 | €510,334 | €196,688 | -€313,646 | -61.5% |
| Equity | 10/15 | -€184,498 | -€59,755 | +€124,743 | +67.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,048 | -€78,305 | +€124,743 | +61.4% |
| Amounts payable | 17/49 | €694,832 | €256,442 | -€438,390 | -63.1% |
| Amounts payable within one year | 42/48 | €643,020 | €233,462 | -€409,558 | -63.7% |
| Trade debts | 44 | €7,596 | €8,257 | +€661 | +8.7% |
| Suppliers | 440/4 | €7,596 | €8,257 | +€661 | +8.7% |
| Taxes, remuneration and social security | 45 | €89,811 | €37,907 | -€51,905 | -57.8% |
| Taxes | 450/3 | €62,092 | €10,015 | -€52,077 | -83.9% |
| Remuneration and social security | 454/9 | €27,720 | €27,892 | +€172 | +0.6% |
| Other amounts payable | 47/48 | €545,613 | €187,299 | -€358,314 | -65.7% |
| Accrued charges and deferred income | 492/3 | €51,812 | €22,980 | -€28,832 | -55.6% |
| Remuneration, social security and pensions | 62 | €207,362 | €209,486 | +€2,124 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €574 | €605 | +€31 | +5.4% |
| Other operating charges | 640/8 | €525 | €0 | -€525 | -100% |
| Gross operating margin | 9900 | €230,459 | €347,653 | +€117,194 | +50.9% |
| Operating profit (loss) | 9901 | €21,999 | €137,563 | +€115,564 | +525% |
| Financial charges | 65/66B | €321 | €1,819 | +€1,498 | +467% |
| Recurring financial charges | 65 | €321 | €1,819 | +€1,498 | +467% |
| Profit (loss) for the period before taxes | 9903 | €21,678 | €135,743 | +€114,065 | +526% |
| Income taxes | 67/77 | - | €11,000 | +€11,000 | |
| Profit (loss) for the period | 9904 | €21,678 | €124,743 | +€103,065 | +475% |
| Profit (loss) for the period to be appropriated | 9905 | €21,678 | €124,743 | +€103,065 | +475% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.