HOMEGA: 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.
HOMEGA
Largest movements
- Stocks and contracts -€60,721
down €60,721 (-8.0%), from €760,572 to €699,851
- Receivables within one year +€59,795
up €59,795 (+111%), from €53,729 to €113,523
of which Trade receivables: +€59,795
- Cash +€36,993
up €36,993 (+193%), from €19,199 to €56,192
mainly Net result for the year (+€70,165) and Stocks and contracts (+€60,721)
- Financial fixed assets +€20,768
up €20,768 (+33,682%), from €62 to €20,830
- Profit (loss) carried forward +€70,165
up €70,165 (+5.2%), from -€1.3m to -€1.3m
- Other debts -€31,650
down €31,650 (-2.6%), from €1.2m to €1.2m
- Financial charges -€442,118
down €442,118 (-95.9%), from €460,802 to €18,684
of which Non-recurring financial charges: -€450,000
- Gross operating margin +€116,214
up €116,214 (+233%), from €49,946 to €166,160
- Staff costs +€21,067
up €21,067 (+33.3%), from €63,281 to €84,348
- Financial income +€19,837
up €19,837 (+2,130%), from €931 to €20,768
of which Non-recurring financial income: +€20,768
- Depreciation +€9,660
up €9,660 (+286%), from €3,383 to €13,044
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 | €1,989,561 | €2,033,352 | +€43,791 | +2.2% |
| Fixed assets | 21/28 | €1,156,062 | €1,163,786 | +€7,725 | +0.7% |
| Tangible fixed assets | 22/27 | €1,156,000 | €1,142,956 | -€13,044 | -1.1% |
| Land and buildings | 22 | €1,156,000 | €1,142,956 | -€13,044 | -1.1% |
| Financial fixed assets | 28 | €62 | €20,830 | +€20,768 | +33,682% |
| Current assets | 29/58 | €833,499 | €869,566 | +€36,067 | +4.3% |
| Stocks and contracts in progress | 3 | €760,572 | €699,851 | -€60,721 | -8.0% |
| Stocks | 30/36 | €760,572 | €699,851 | -€60,721 | -8.0% |
| Amounts receivable within one year | 40/41 | €53,729 | €113,523 | +€59,795 | +111% |
| Trade receivables | 40 | €49,731 | €109,525 | +€59,795 | +120% |
| Other amounts receivable | 41 | €3,998 | €3,998 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €19,199 | €56,192 | +€36,993 | +193% |
| Total equity and liabilities | 10/49 | €1,989,561 | €2,033,352 | +€43,791 | +2.2% |
| Equity | 10/15 | €215,827 | €285,992 | +€70,165 | +32.5% |
| Contributions | 10/11 | €745,000 | €745,000 | = | 0.0% |
| Capital | 10 | €745,000 | €745,000 | = | 0.0% |
| Issued capital | 100 | €745,000 | €745,000 | = | 0.0% |
| Revaluation surpluses | 12 | €809,423 | €809,423 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,346,096 | -€1,275,931 | +€70,165 | +5.2% |
| Amounts payable | 17/49 | €1,773,734 | €1,747,360 | -€26,374 | -1.5% |
| Amounts payable within one year | 42/48 | €1,773,734 | €1,747,360 | -€26,374 | -1.5% |
| Trade debts | 44 | €557,693 | €552,478 | -€5,215 | -0.9% |
| Suppliers | 440/4 | €557,693 | €552,478 | -€5,215 | -0.9% |
| Taxes, remuneration and social security | 45 | €7,065 | €17,556 | +€10,491 | +148% |
| Taxes | 450/3 | €7,065 | €7,479 | +€414 | +5.9% |
| Remuneration and social security | 454/9 | - | €10,077 | +€10,077 | |
| Other amounts payable | 47/48 | €1,208,975 | €1,177,325 | -€31,650 | -2.6% |
| Remuneration, social security and pensions | 62 | €63,281 | €84,348 | +€21,067 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,383 | €13,044 | +€9,660 | +286% |
| Other operating charges | 640/8 | €1,438 | €687 | -€751 | -52.2% |
| Gross operating margin | 9900 | €49,946 | €166,160 | +€116,214 | +233% |
| Operating profit (loss) | 9901 | -€18,157 | €68,081 | +€86,237 | |
| Financial income | 75/76B | €931 | €20,768 | +€19,837 | +2,130% |
| Recurring financial income | 75 | €931 | €20,768 | +€19,837 | +2,130% |
| Non-recurring financial income | 76B | - | €20,768 | +€20,768 | |
| Financial charges | 65/66B | €460,802 | €18,684 | -€442,118 | -95.9% |
| Recurring financial charges | 65 | €10,802 | €18,684 | +€7,882 | +73.0% |
| Non-recurring financial charges | 66B | €450,000 | - | -€450,000 | |
| Profit (loss) for the period before taxes | 9903 | -€478,028 | €70,165 | +€548,193 | |
| Profit (loss) for the period | 9904 | -€478,028 | €70,165 | +€548,193 | |
| Profit (loss) for the period to be appropriated | 9905 | -€478,028 | €70,165 | +€548,193 |
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 21 October 2026 via checked.be.