HOMES PROJECTS: 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.
HOMES PROJECTS
Largest movements
- Stocks and contracts +€159,892
up €159,892 (+51.1%), from €312,672 to €472,563
- Tangible fixed assets +€24,134
new in 2025: €24,134
- Cash +€16,514
up €16,514 (+1812.9%), from €911 to €17,425
mainly Debts after one year (+€139,293) and Net result for the year (+€57,282)
- Debts after one year +€139,293
up €139,293 (+46.4%), from €300,000 to €439,293
- Profit (loss) carried forward +€57,282
up €57,282, from -€8,657 to €48,624
- Other debts -€19,472
down €19,472 (-96.2%), from €20,240 to €768
- Tax, wage and social debts +€14,443
new in 2025: €14,443
- Current portion of long-term debt +€6,600
new in 2025: €6,600
- Gross operating margin +€119,414
up €119,414, from -€3,734 to €115,680
- Financial charges +€23,564
up €23,564 (+641.9%), from €3,671 to €27,236
- Taxes +€14,443
new in 2025: €14,443
- Staff costs +€12,645
new in 2025: €12,645
- Other operating charges +€1,548
up €1,548 (+123.7%), from €1,252 to €2,800
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 | €318,626 | €514,452 | +€195,826 | +61.5% |
| Fixed assets | 21/28 | - | €24,134 | +€24,134 | |
| Tangible fixed assets | 22/27 | - | €24,134 | +€24,134 | |
| Furniture and vehicles | 24 | - | €24,134 | +€24,134 | |
| Current assets | 29/58 | €318,626 | €490,318 | +€171,693 | +53.9% |
| Stocks and contracts in progress | 3 | €312,672 | €472,563 | +€159,892 | +51.1% |
| Stocks | 30/36 | €312,672 | €472,563 | +€159,892 | +51.1% |
| Amounts receivable within one year | 40/41 | €5,043 | €330 | -€4,714 | -93.5% |
| Trade receivables | 40 | €5,043 | - | -€5,043 | |
| Other amounts receivable | 41 | - | €330 | +€330 | |
| Cash at bank and in hand | 54/58 | €911 | €17,425 | +€16,514 | +1812.9% |
| Total equity and liabilities | 10/49 | €318,626 | €514,452 | +€195,826 | +61.5% |
| Equity | 10/15 | -€6,657 | €50,624 | +€57,282 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,657 | €48,624 | +€57,282 | |
| Amounts payable | 17/49 | €325,283 | €463,828 | +€138,545 | +42.6% |
| Amounts payable after more than one year | 17 | €300,000 | €439,293 | +€139,293 | +46.4% |
| Financial debts | 170/4 | €300,000 | €439,293 | +€139,293 | +46.4% |
| Amounts payable within one year | 42/48 | €25,283 | €24,534 | -€748 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | - | €6,600 | +€6,600 | |
| Trade debts | 44 | €5,043 | €2,724 | -€2,319 | -46.0% |
| Suppliers | 440/4 | €5,043 | €2,724 | -€2,319 | -46.0% |
| Taxes, remuneration and social security | 45 | - | €14,443 | +€14,443 | |
| Taxes | 450/3 | - | €14,443 | +€14,443 | |
| Other amounts payable | 47/48 | €20,240 | €768 | -€19,472 | -96.2% |
| Remuneration, social security and pensions | 62 | - | €12,645 | +€12,645 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,276 | +€1,276 | |
| Other operating charges | 640/8 | €1,252 | €2,800 | +€1,548 | +123.7% |
| Gross operating margin | 9900 | -€3,734 | €115,680 | +€119,414 | |
| Operating profit (loss) | 9901 | -€4,986 | €98,959 | +€103,945 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,671 | €27,236 | +€23,564 | +641.9% |
| Recurring financial charges | 65 | €3,671 | €27,236 | +€23,564 | +641.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,657 | €71,724 | +€80,381 | |
| Income taxes | 67/77 | - | €14,443 | +€14,443 | |
| Profit (loss) for the period | 9904 | -€8,657 | €57,282 | +€65,939 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,657 | €57,282 | +€65,939 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.