HOMESIDE PROPERTIES: 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.
HOMESIDE PROPERTIES
Largest movements
- Tangible fixed assets +€76,478
up €76,478 (+30.0%), from €254,598 to €331,076
of which Furniture and vehicles: +€74,796
- Receivables within one year -€17,382
down €17,382 (-49.1%), from €35,384 to €18,002
- Cash +€16,306
up €16,306 (+97.9%), from €16,656 to €32,962
mainly Debts after one year (+€42,205) and Receivables within one year (+€17,382)
- Debts after one year +€42,205
up €42,205 (+43.2%), from €97,613 to €139,818
of which Financial debts: +€36,205
- Profit (loss) carried forward +€15,666
up €15,666 (+10.2%), from €153,152 to €168,817
- Trade debts +€13,489
up €13,489 (+147%), from €9,180 to €22,670
- Current portion of long-term debt +€5,429
up €5,429 (+50.3%), from €10,797 to €16,226
- Gross operating margin +€14,824
up €14,824 (+32.3%), from €45,956 to €60,780
- Staff costs +€6,870
up €6,870 (+48.6%), from €14,122 to €20,993
- Financial charges -€2,903
down €2,903 (-78.2%), from €3,711 to €809
- Other operating charges +€2,309
up €2,309 (+302%), from €764 to €3,073
- Depreciation +€2,047
up €2,047 (+18.4%), from €11,146 to €13,193
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 | €309,231 | €386,046 | +€76,814 | +24.8% |
| Fixed assets | 21/28 | €255,898 | €332,376 | +€76,478 | +29.9% |
| Tangible fixed assets | 22/27 | €254,598 | €331,076 | +€76,478 | +30.0% |
| Land and buildings | 22 | €136,668 | €132,752 | -€3,916 | -2.9% |
| Plant, machinery and equipment | 23 | €100,816 | €108,173 | +€7,357 | +7.3% |
| Furniture and vehicles | 24 | €8,590 | €83,387 | +€74,796 | +871% |
| Other tangible fixed assets | 26 | €8,523 | €6,764 | -€1,759 | -20.6% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €53,334 | €53,670 | +€337 | +0.6% |
| Amounts receivable within one year | 40/41 | €35,384 | €18,002 | -€17,382 | -49.1% |
| Trade receivables | 40 | €35,384 | €18,002 | -€17,382 | -49.1% |
| Cash at bank and in hand | 54/58 | €16,656 | €32,962 | +€16,306 | +97.9% |
| Deferred charges and accrued income | 490/1 | €1,293 | €2,707 | +€1,413 | +109% |
| Total equity and liabilities | 10/49 | €309,231 | €386,046 | +€76,814 | +24.8% |
| Equity | 10/15 | €167,412 | €183,077 | +€15,666 | +9.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,152 | €168,817 | +€15,666 | +10.2% |
| Amounts payable | 17/49 | €141,820 | €202,968 | +€61,148 | +43.1% |
| Amounts payable after more than one year | 17 | €97,613 | €139,818 | +€42,205 | +43.2% |
| Financial debts | 170/4 | €97,613 | €133,818 | +€36,205 | +37.1% |
| Other amounts payable | 178/9 | - | €6,000 | +€6,000 | |
| Amounts payable within one year | 42/48 | €44,207 | €63,151 | +€18,943 | +42.9% |
| Current portion of amounts payable after more than one year | 42 | €10,797 | €16,226 | +€5,429 | +50.3% |
| Trade debts | 44 | €9,180 | €22,670 | +€13,489 | +147% |
| Suppliers | 440/4 | €9,180 | €22,670 | +€13,489 | +147% |
| Taxes, remuneration and social security | 45 | €15,712 | €15,445 | -€267 | -1.7% |
| Taxes | 450/3 | €14,214 | €12,654 | -€1,560 | -11.0% |
| Remuneration and social security | 454/9 | €1,498 | €2,791 | +€1,293 | +86.3% |
| Other amounts payable | 47/48 | €8,518 | €8,811 | +€293 | +3.4% |
| Remuneration, social security and pensions | 62 | €14,122 | €20,993 | +€6,870 | +48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,146 | €13,193 | +€2,047 | +18.4% |
| Other operating charges | 640/8 | €764 | €3,073 | +€2,309 | +302% |
| Gross operating margin | 9900 | €45,956 | €60,780 | +€14,824 | +32.3% |
| Operating profit (loss) | 9901 | €19,924 | €23,521 | +€3,597 | +18.1% |
| Financial income | 75/76B | €31 | €152 | +€121 | +391% |
| Recurring financial income | 75 | €31 | €152 | +€121 | +391% |
| Financial charges | 65/66B | €3,711 | €809 | -€2,903 | -78.2% |
| Recurring financial charges | 65 | €3,711 | €809 | -€2,903 | -78.2% |
| Profit (loss) for the period before taxes | 9903 | €16,243 | €22,864 | +€6,621 | +40.8% |
| Income taxes | 67/77 | €6,303 | €7,199 | +€896 | +14.2% |
| Profit (loss) for the period | 9904 | €9,940 | €15,666 | +€5,726 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,940 | €15,666 | +€5,726 | +57.6% |
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 14 October 2026 via checked.be.