HOMES4EVER: 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.
HOMES4EVER
Largest movements
- Stocks and contracts -€409,146
down €409,146 (-55.1%), from €742,619 to €333,473
- Cash -€23,192
down €23,192 (-49.9%), from €46,500 to €23,308
mainly Current portion of long-term debt (-€229,626) and Other debts (-€165,223)
- Current portion of long-term debt -€229,626
down €229,626 (-53.2%), from €432,000 to €202,374
- Other debts -€165,223
down €165,223 (-60.6%), from €272,567 to €107,345
- Profit (loss) carried forward -€48,706
down €48,706, from €27,352 to -€21,354
- Accrued charges and deferred income +€7,978
up €7,978 (+100.9%), from €7,907 to €15,885
- Financial charges -€41,376
down €41,376 (-71.0%), from €58,298 to €16,921
- Gross operating margin -€27,499
down €27,499, from €1,983 to -€25,516
- Other operating charges -€839
down €839 (-50.8%), from €1,651 to €812
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 | €792,975 | €357,310 | -€435,665 | -54.9% |
| Fixed assets | 21/28 | €1,142 | €123 | -€1,019 | -89.2% |
| Tangible fixed assets | 22/27 | €1,142 | €123 | -€1,019 | -89.2% |
| Plant, machinery and equipment | 23 | €623 | €123 | -€500 | -80.3% |
| Furniture and vehicles | 24 | €519 | €0 | -€519 | -100.0% |
| Current assets | 29/58 | €791,833 | €357,187 | -€434,647 | -54.9% |
| Stocks and contracts in progress | 3 | €742,619 | €333,473 | -€409,146 | -55.1% |
| Stocks | 30/36 | €742,619 | €333,473 | -€409,146 | -55.1% |
| Cash at bank and in hand | 54/58 | €46,500 | €23,308 | -€23,192 | -49.9% |
| Deferred charges and accrued income | 490/1 | €2,715 | €406 | -€2,309 | -85.1% |
| Total equity and liabilities | 10/49 | €792,975 | €357,310 | -€435,665 | -54.9% |
| Equity | 10/15 | €67,352 | €18,646 | -€48,706 | -72.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,352 | -€21,354 | -€48,706 | |
| Amounts payable | 17/49 | €725,623 | €338,664 | -€386,959 | -53.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €717,716 | €322,779 | -€394,937 | -55.0% |
| Current portion of amounts payable after more than one year | 42 | €432,000 | €202,374 | -€229,626 | -53.2% |
| Financial debts | 43 | - | €327 | +€327 | |
| Credit institutions | 430/8 | - | €327 | +€327 | |
| Trade debts | 44 | €13,149 | €12,734 | -€415 | -3.2% |
| Suppliers | 440/4 | €13,149 | €12,734 | -€415 | -3.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €272,567 | €107,345 | -€165,223 | -60.6% |
| Accrued charges and deferred income | 492/3 | €7,907 | €15,885 | +€7,978 | +100.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,037 | €1,019 | -€18 | -1.8% |
| Other operating charges | 640/8 | €1,651 | €812 | -€839 | -50.8% |
| Non-recurring operating charges | 66A | - | €4,438 | +€4,438 | |
| Gross operating margin | 9900 | €1,983 | -€25,516 | -€27,499 | |
| Operating profit (loss) | 9901 | -€705 | -€31,785 | -€31,080 | -4406.5% |
| Financial income | 75/76B | €188 | €0 | -€188 | -100.0% |
| Recurring financial income | 75 | €188 | €0 | -€188 | -100.0% |
| Financial charges | 65/66B | €58,298 | €16,921 | -€41,376 | -71.0% |
| Recurring financial charges | 65 | €58,298 | €16,921 | -€41,376 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | -€58,814 | -€48,706 | +€10,108 | +17.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€58,814 | -€48,706 | +€10,108 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,814 | -€48,706 | +€10,108 | +17.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.