HOMEL: 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.
HOMEL
Largest movements
- Tangible fixed assets +€165,977
up €165,977 (+7.8%), from €2.1m to €2.3m
of which Land and buildings: +€372,220
- Receivables within one year -€40,119
no longer reported in 2025 (was €40,119)
- Other debts +€172,400
up €172,400 (+93.7%), from €184,074 to €356,475
- Current portion of long-term debt -€48,000
down €48,000 (-2.7%), from €1.8m to €1.8m
- Depreciation +€2,359
up €2,359 (+3.4%), from €69,649 to €72,009
- Gross operating margin -€1,470
down €1,470 (-2.2%), from €67,690 to €66,219
- Financial charges -€1,124
down €1,124 (-80.9%), from €1,388 to €265
- Other operating charges -€889
down €889 (-6.9%), from €12,791 to €11,902
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 | €2,188,538 | €2,310,151 | +€121,613 | +5.6% |
| Fixed assets | 21/28 | €2,132,888 | €2,298,865 | +€165,977 | +7.8% |
| Tangible fixed assets | 22/27 | €2,132,888 | €2,298,865 | +€165,977 | +7.8% |
| Land and buildings | 22 | €1,904,551 | €2,276,771 | +€372,220 | +19.5% |
| Plant, machinery and equipment | 23 | €18,135 | €22,094 | +€3,959 | +21.8% |
| Assets under construction and advance payments | 27 | €210,202 | - | -€210,202 | |
| Current assets | 29/58 | €55,650 | €11,286 | -€44,364 | -79.7% |
| Amounts receivable within one year | 40/41 | €40,119 | - | -€40,119 | |
| Other amounts receivable | 41 | €40,119 | - | -€40,119 | |
| Cash at bank and in hand | 54/58 | €8,754 | €3,012 | -€5,742 | -65.6% |
| Deferred charges and accrued income | 490/1 | €6,777 | €8,274 | +€1,496 | +22.1% |
| Total equity and liabilities | 10/49 | €2,188,538 | €2,310,151 | +€121,613 | +5.6% |
| Equity | 10/15 | €185,548 | €167,592 | -€17,955 | -9.7% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,452 | -€82,408 | -€17,955 | -27.9% |
| Amounts payable | 17/49 | €2,002,991 | €2,142,559 | +€139,568 | +7.0% |
| Amounts payable after more than one year | 17 | €1,500 | €1,500 | = | 0.0% |
| Financial debts | 170/4 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,995,945 | €2,135,505 | +€139,560 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €1,807,500 | €1,759,500 | -€48,000 | -2.7% |
| Trade debts | 44 | €4,371 | - | -€4,371 | |
| Suppliers | 440/4 | €4,371 | - | -€4,371 | |
| Taxes, remuneration and social security | 45 | - | €19,530 | +€19,530 | |
| Taxes | 450/3 | - | €19,530 | +€19,530 | |
| Other amounts payable | 47/48 | €184,074 | €356,475 | +€172,400 | +93.7% |
| Accrued charges and deferred income | 492/3 | €5,546 | €5,554 | +€9 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,649 | €72,009 | +€2,359 | +3.4% |
| Other operating charges | 640/8 | €12,791 | €11,902 | -€889 | -6.9% |
| Gross operating margin | 9900 | €67,690 | €66,219 | -€1,470 | -2.2% |
| Operating profit (loss) | 9901 | -€14,751 | -€17,691 | -€2,941 | -19.9% |
| Financial income | 75/76B | €9 | €1 | -€8 | -91.0% |
| Recurring financial income | 75 | €9 | €1 | -€8 | -91.0% |
| Financial charges | 65/66B | €1,388 | €265 | -€1,124 | -80.9% |
| Recurring financial charges | 65 | €1,388 | €265 | -€1,124 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,130 | -€17,955 | -€1,825 | -11.3% |
| Profit (loss) for the period | 9904 | -€16,130 | -€17,955 | -€1,825 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,130 | -€17,955 | -€1,825 | -11.3% |
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 22 October 2026 via checked.be.