HOMERUS: 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.
HOMERUS
Largest movements
- Cash +€15,178
up €15,178 (+35.5%), from €42,765 to €57,943
mainly Depreciation (+€16,602) and Trade debts (+€16,046)
- Tangible fixed assets -€13,515
down €13,515 (-17.4%), from €77,806 to €64,291
of which Furniture and vehicles: -€14,734
- Receivables within one year -€9,600
down €9,600 (-15.2%), from €62,961 to €53,361
of which Other amounts receivable: -€12,894
- Deferred charges and accrued income +€3,897
new in 2025: €3,897
- Debts after one year -€17,353
down €17,353 (-30.6%), from €56,685 to €39,332
- Trade debts +€16,046
up €16,046 (+119%), from €13,477 to €29,524
- Current portion of long-term debt -€9,169
down €9,169 (-34.8%), from €26,342 to €17,172
- Tax, wage and social debts +€7,059
up €7,059 (+58.3%), from €12,112 to €19,171
of which Taxes: +€6,738
- Staff costs +€18,554
up €18,554 (+66.6%), from €27,847 to €46,401
- Depreciation +€13,836
up €13,836 (+500%), from €2,766 to €16,602
- Taxes -€8,113
down €8,113 (-98.0%), from €8,281 to €168
- Gross operating margin +€7,221
up €7,221 (+13.0%), from €55,397 to €62,618
- Other operating charges -€2,516
down €2,516 (-93.9%), from €2,680 to €164
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 | €204,891 | €201,002 | -€3,889 | -1.9% |
| Fixed assets | 21/28 | €92,062 | €78,547 | -€13,515 | -14.7% |
| Tangible fixed assets | 22/27 | €77,806 | €64,291 | -€13,515 | -17.4% |
| Plant, machinery and equipment | 23 | €5,899 | €7,118 | +€1,219 | +20.7% |
| Furniture and vehicles | 24 | €71,907 | €57,173 | -€14,734 | -20.5% |
| Financial fixed assets | 28 | €14,256 | €14,256 | = | 0.0% |
| Current assets | 29/58 | €112,829 | €122,455 | +€9,626 | +8.5% |
| Stocks and contracts in progress | 3 | €3,043 | €3,193 | +€151 | +4.9% |
| Stocks | 30/36 | €3,043 | €3,193 | +€151 | +4.9% |
| Amounts receivable within one year | 40/41 | €62,961 | €53,361 | -€9,600 | -15.2% |
| Trade receivables | 40 | €6,887 | €10,180 | +€3,293 | +47.8% |
| Other amounts receivable | 41 | €56,074 | €43,181 | -€12,894 | -23.0% |
| Current investments | 50/53 | €4,060 | €4,060 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €42,765 | €57,943 | +€15,178 | +35.5% |
| Deferred charges and accrued income | 490/1 | - | €3,897 | +€3,897 | |
| Total equity and liabilities | 10/49 | €204,891 | €201,002 | -€3,889 | -1.9% |
| Equity | 10/15 | €96,020 | €95,548 | -€472 | -0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,884 | €2,884 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,884 | - | -€2,884 | |
| Reserves not available under the articles | 1311 | €2,884 | - | -€2,884 | |
| Distributable reserves | 133 | - | €2,884 | +€2,884 | |
| Profit (loss) carried forward | 14 | €74,536 | €74,064 | -€472 | -0.6% |
| Amounts payable | 17/49 | €108,871 | €105,454 | -€3,417 | -3.1% |
| Amounts payable after more than one year | 17 | €56,685 | €39,332 | -€17,353 | -30.6% |
| Financial debts | 170/4 | €56,685 | €39,332 | -€17,353 | -30.6% |
| Amounts payable within one year | 42/48 | €52,186 | €66,122 | +€13,936 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | €26,342 | €17,172 | -€9,169 | -34.8% |
| Trade debts | 44 | €13,477 | €29,524 | +€16,046 | +119% |
| Suppliers | 440/4 | €13,477 | €29,524 | +€16,046 | +119% |
| Taxes, remuneration and social security | 45 | €12,112 | €19,171 | +€7,059 | +58.3% |
| Taxes | 450/3 | €11,649 | €18,387 | +€6,738 | +57.8% |
| Remuneration and social security | 454/9 | €463 | €785 | +€321 | +69.3% |
| Other amounts payable | 47/48 | €255 | €255 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €27,847 | €46,401 | +€18,554 | +66.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,766 | €16,602 | +€13,836 | +500% |
| Other operating charges | 640/8 | €2,680 | €164 | -€2,516 | -93.9% |
| Gross operating margin | 9900 | €55,397 | €62,618 | +€7,221 | +13.0% |
| Operating profit (loss) | 9901 | €22,105 | -€549 | -€22,653 | |
| Financial income | 75/76B | €4,198 | €2,708 | -€1,490 | -35.5% |
| Recurring financial income | 75 | €4,198 | €2,708 | -€1,490 | -35.5% |
| Financial charges | 65/66B | €2,394 | €2,463 | +€69 | +2.9% |
| Recurring financial charges | 65 | €2,394 | €2,463 | +€69 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €23,908 | -€304 | -€24,212 | |
| Income taxes | 67/77 | €8,281 | €168 | -€8,113 | -98.0% |
| Profit (loss) for the period | 9904 | €15,627 | -€472 | -€16,099 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,627 | -€472 | -€16,099 |
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 28 October 2026 via checked.be.