HOMEGROWN VENTURES: 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.
HOMEGROWN VENTURES
Largest movements
- Deferred charges and accrued income -€20,023
no longer reported in 2025 (was €20,023)
- Receivables within one year +€8,019
up €8,019 (+51.3%), from €15,625 to €23,644
of which Other amounts receivable: +€9,590
- Tax, wage and social debts -€15,343
no longer reported in 2025 (was €15,343)
- Profit (loss) carried forward +€13,438
no longer reported in 2025 (was -€13,438)
- Trade debts -€6,849
down €6,849 (-72.1%), from €9,497 to €2,648
- Reserves -€3,198
down €3,198 (-7.4%), from €43,109 to €39,911
- Gross operating margin +€24,017
up €24,017, from -€12,456 to €11,560
- Other operating charges +€510
up €510 (+190%), from €268 to €778
- Financial charges +€189
up €189 (+95.3%), from €198 to €388
- Depreciation -€127
down €127 (-37.8%), from €336 to €209
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 | €58,851 | €46,675 | -€12,176 | -20.7% |
| Fixed assets | 21/28 | €209 | - | -€209 | |
| Tangible fixed assets | 22/27 | €209 | - | -€209 | |
| Plant, machinery and equipment | 23 | €209 | - | -€209 | |
| Current assets | 29/58 | €58,642 | €46,675 | -€11,967 | -20.4% |
| Amounts receivable within one year | 40/41 | €15,625 | €23,644 | +€8,019 | +51.3% |
| Trade receivables | 40 | €15,571 | €14,000 | -€1,571 | -10.1% |
| Other amounts receivable | 41 | €54 | €9,644 | +€9,590 | +17,795% |
| Cash at bank and in hand | 54/58 | €22,995 | €23,031 | +€37 | +0.2% |
| Deferred charges and accrued income | 490/1 | €20,023 | - | -€20,023 | |
| Total equity and liabilities | 10/49 | €58,851 | €46,675 | -€12,176 | -20.7% |
| Equity | 10/15 | €33,671 | €43,911 | +€10,239 | +30.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €43,109 | €39,911 | -€3,198 | -7.4% |
| Distributable reserves | 133 | €43,109 | €39,911 | -€3,198 | -7.4% |
| Profit (loss) carried forward | 14 | -€13,438 | - | +€13,438 | |
| Amounts payable | 17/49 | €25,180 | €2,765 | -€22,415 | -89.0% |
| Amounts payable within one year | 42/48 | €25,180 | €2,765 | -€22,415 | -89.0% |
| Trade debts | 44 | €9,497 | €2,648 | -€6,849 | -72.1% |
| Suppliers | 440/4 | €9,497 | €2,648 | -€6,849 | -72.1% |
| Taxes, remuneration and social security | 45 | €15,343 | - | -€15,343 | |
| Taxes | 450/3 | €15,343 | - | -€15,343 | |
| Other amounts payable | 47/48 | €340 | €117 | -€223 | -65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €209 | -€127 | -37.8% |
| Other operating charges | 640/8 | €268 | €778 | +€510 | +190% |
| Non-recurring operating charges | 66A | €179 | - | -€179 | |
| Gross operating margin | 9900 | -€12,456 | €11,560 | +€24,017 | |
| Operating profit (loss) | 9901 | -€13,239 | €10,573 | +€23,813 | |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €198 | €388 | +€189 | +95.3% |
| Recurring financial charges | 65 | €198 | €388 | +€189 | +95.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,438 | €10,239 | +€23,677 | |
| Profit (loss) for the period | 9904 | -€13,438 | €10,239 | +€23,677 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,438 | €10,239 | +€23,677 |
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 30 October 2026 via checked.be.