HOMELINKS: what changed
Two fiscal 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.
HOMELINKS
Largest movements
- Tangible fixed assets +€44,213
up €44,213 (+11.2%), from €395,588 to €439,801
of which Furniture and vehicles: +€50,314
- Cash -€42,984
down €42,984 (-96.5%), from €44,521 to €1,537
mainly Investment in fixed assets (net) (-€90,514) and Receivables within one year (-€29,576)
- Receivables within one year +€29,576
up €29,576 (+12.3%), from €241,240 to €270,816
of which Other amounts receivable: +€29,227
- Debts after one year -€24,671
down €24,671 (-6.0%), from €414,251 to €389,580
- Tax, wage and social debts +€16,703
up €16,703 (+35.4%), from €47,202 to €63,905
of which Remuneration and social security: +€11,227
- Trade debts +€14,928
up €14,928 (+33.3%), from €44,779 to €59,707
- Current portion of long-term debt +€13,119
up €13,119 (+29.5%), from €44,499 to €57,618
- Other debts -€10,645
down €10,645 (-12.5%), from €85,168 to €74,523
- Staff costs +€94,105
up €94,105 (+42.8%), from €219,911 to €314,016
- Depreciation +€8,770
up €8,770 (+23.4%), from €37,531 to €46,301
- Gross operating margin +€8,282
up €8,282 (+2.1%), from €388,761 to €397,043
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.
Cash bridge derived
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 | €686,866 | €719,951 | +€33,085 | +4.8% |
| Fixed assets | 21/28 | €395,843 | €440,056 | +€44,213 | +11.2% |
| Tangible fixed assets | 22/27 | €395,588 | €439,801 | +€44,213 | +11.2% |
| Land and buildings | 22 | €388,497 | €382,861 | -€5,636 | -1.5% |
| Plant, machinery and equipment | 23 | €3,572 | €3,107 | -€465 | -13.0% |
| Furniture and vehicles | 24 | €3,519 | €53,833 | +€50,314 | +1429.8% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €291,023 | €279,895 | -€11,128 | -3.8% |
| Amounts receivable within one year | 40/41 | €241,240 | €270,816 | +€29,576 | +12.3% |
| Trade receivables | 40 | €7,116 | €7,465 | +€349 | +4.9% |
| Other amounts receivable | 41 | €234,124 | €263,351 | +€29,227 | +12.5% |
| Cash at bank and in hand | 54/58 | €44,521 | €1,537 | -€42,984 | -96.5% |
| Deferred charges and accrued income | 490/1 | €5,262 | €7,542 | +€2,280 | +43.3% |
| Total equity and liabilities | 10/49 | €686,866 | €719,951 | +€33,085 | +4.8% |
| Equity | 10/15 | €25,118 | €29,348 | +€4,230 | +16.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,918 | €23,148 | +€4,230 | +22.4% |
| Distributable reserves | 133 | €18,918 | €23,148 | +€4,230 | +22.4% |
| Amounts payable | 17/49 | €661,748 | €690,603 | +€28,855 | +4.4% |
| Amounts payable after more than one year | 17 | €414,251 | €389,580 | -€24,671 | -6.0% |
| Financial debts | 170/4 | €414,251 | €389,580 | -€24,671 | -6.0% |
| Amounts payable within one year | 42/48 | €221,946 | €265,476 | +€43,530 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €44,499 | €57,618 | +€13,119 | +29.5% |
| Financial debts | 43 | €298 | €9,723 | +€9,425 | +3162.8% |
| Credit institutions | 430/8 | €298 | €9,723 | +€9,425 | +3162.8% |
| Trade debts | 44 | €44,779 | €59,707 | +€14,928 | +33.3% |
| Suppliers | 440/4 | €44,779 | €59,707 | +€14,928 | +33.3% |
| Taxes, remuneration and social security | 45 | €47,202 | €63,905 | +€16,703 | +35.4% |
| Taxes | 450/3 | €18,581 | €24,057 | +€5,476 | +29.5% |
| Remuneration and social security | 454/9 | €28,621 | €39,848 | +€11,227 | +39.2% |
| Other amounts payable | 47/48 | €85,168 | €74,523 | -€10,645 | -12.5% |
| Accrued charges and deferred income | 492/3 | €25,551 | €35,547 | +€9,996 | +39.1% |
| Non-recurring operating income | 76A | - | €3,759 | +€3,759 | |
| Remuneration, social security and pensions | 62 | €219,911 | €314,016 | +€94,105 | +42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,531 | €46,301 | +€8,770 | +23.4% |
| Other operating charges | 640/8 | €7,913 | €5,292 | -€2,621 | -33.1% |
| Non-recurring operating charges | 66A | €2,215 | €2,446 | +€231 | +10.4% |
| Gross operating margin | 9900 | €388,761 | €397,043 | +€8,282 | +2.1% |
| Operating profit (loss) | 9901 | €121,191 | €28,988 | -€92,203 | -76.1% |
| Financial income | 75/76B | €160 | €827 | +€667 | +416.9% |
| Recurring financial income | 75 | €160 | €827 | +€667 | +416.9% |
| Financial charges | 65/66B | €17,311 | €14,206 | -€3,105 | -17.9% |
| Recurring financial charges | 65 | €17,311 | €14,206 | -€3,105 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €104,040 | €15,609 | -€88,431 | -85.0% |
| Income taxes | 67/77 | €12,150 | €11,379 | -€771 | -6.3% |
| Profit (loss) for the period | 9904 | €91,890 | €4,230 | -€87,660 | -95.4% |
| Profit (loss) for the period to be appropriated | 9905 | €91,890 | €4,230 | -€87,660 | -95.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.