HOMET: 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.
HOMET
Largest movements
- Tangible fixed assets +€792,051
up €792,051 (+287%), from €275,568 to €1.1m
of which Land and buildings: +€842,753
- Stocks and contracts -€53,788
down €53,788 (-27.6%), from €194,741 to €140,953
of which Contracts in progress: -€59,974
- Receivables within one year -€49,064
down €49,064 (-20.7%), from €237,402 to €188,339
of which Trade receivables: -€42,570
- Debts after one year +€759,001
up €759,001 (+1,362%), from €55,744 to €814,745
- Reserves -€51,772
down €51,772 (-13.0%), from €399,599 to €347,828
- Trade debts -€42,581
down €42,581 (-41.0%), from €103,782 to €61,201
- Current portion of long-term debt +€38,205
up €38,205 (+76.2%), from €50,165 to €88,370
- Other debts -€21,468
down €21,468 (-100%), from €21,468 to €0
- Gross operating margin -€63,430
down €63,430 (-39.6%), from €160,186 to €96,756
- Depreciation +€45,653
up €45,653 (+77.6%), from €58,831 to €104,484
- Taxes -€20,745
down €20,745 (-98.0%), from €21,160 to €415
- Other operating charges +€19,823
up €19,823 (+600%), from €3,306 to €23,130
- Write-downs -€17,324
new in 2025: -€17,324
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €714,523 | €1,407,295 | +€692,773 | +97.0% |
| Fixed assets | 21/28 | €276,360 | €1,070,519 | +€794,159 | +287% |
| Intangible fixed assets | 21 | €468 | €76 | -€392 | -83.7% |
| Tangible fixed assets | 22/27 | €275,568 | €1,067,619 | +€792,051 | +287% |
| Land and buildings | 22 | €153,608 | €996,360 | +€842,753 | +549% |
| Plant, machinery and equipment | 23 | €54,808 | €29,925 | -€24,883 | -45.4% |
| Furniture and vehicles | 24 | €27,329 | €18,435 | -€8,893 | -32.5% |
| Leasing and similar rights | 25 | €39,824 | €22,898 | -€16,926 | -42.5% |
| Financial fixed assets | 28 | €323 | €2,823 | +€2,500 | +773% |
| Current assets | 29/58 | €438,163 | €336,777 | -€101,386 | -23.1% |
| Stocks and contracts in progress | 3 | €194,741 | €140,953 | -€53,788 | -27.6% |
| Stocks | 30/36 | €75,505 | €81,691 | +€6,186 | +8.2% |
| Contracts in progress | 37 | €119,236 | €59,262 | -€59,974 | -50.3% |
| Amounts receivable within one year | 40/41 | €237,402 | €188,339 | -€49,064 | -20.7% |
| Trade receivables | 40 | €187,399 | €144,829 | -€42,570 | -22.7% |
| Other amounts receivable | 41 | €50,004 | €43,510 | -€6,494 | -13.0% |
| Deferred charges and accrued income | 490/1 | €6,019 | €7,485 | +€1,466 | +24.3% |
| Total equity and liabilities | 10/49 | €714,523 | €1,407,295 | +€692,773 | +97.0% |
| Equity | 10/15 | €405,799 | €354,028 | -€51,772 | -12.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €399,599 | €347,828 | -€51,772 | -13.0% |
| Distributable reserves | 133 | €399,599 | €347,828 | -€51,772 | -13.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €308,723 | €1,053,268 | +€744,544 | +241% |
| Amounts payable after more than one year | 17 | €55,744 | €814,745 | +€759,001 | +1,362% |
| Financial debts | 170/4 | €55,744 | €814,745 | +€759,001 | +1,362% |
| Amounts payable within one year | 42/48 | €252,979 | €238,523 | -€14,457 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €50,165 | €88,370 | +€38,205 | +76.2% |
| Financial debts | 43 | €30,147 | €35,084 | +€4,937 | +16.4% |
| Credit institutions | 430/8 | €30,147 | €35,084 | +€4,937 | +16.4% |
| Trade debts | 44 | €103,782 | €61,201 | -€42,581 | -41.0% |
| Suppliers | 440/4 | €103,782 | €61,201 | -€42,581 | -41.0% |
| Advances received on contracts in progress | 46 | €38,515 | €45,927 | +€7,412 | +19.2% |
| Taxes, remuneration and social security | 45 | €8,902 | €7,941 | -€961 | -10.8% |
| Taxes | 450/3 | €8,024 | €4,472 | -€3,552 | -44.3% |
| Remuneration and social security | 454/9 | €878 | €3,470 | +€2,591 | +295% |
| Other amounts payable | 47/48 | €21,468 | €0 | -€21,468 | -100% |
| Remuneration, social security and pensions | 62 | €18,540 | €19,323 | +€783 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,831 | €104,484 | +€45,653 | +77.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€17,324 | -€17,324 | |
| Other operating charges | 640/8 | €3,306 | €23,130 | +€19,823 | +600% |
| Gross operating margin | 9900 | €160,186 | €96,756 | -€63,430 | -39.6% |
| Operating profit (loss) | 9901 | €79,508 | -€32,857 | -€112,366 | |
| Financial income | 75/76B | €229 | €18 | -€212 | -92.4% |
| Recurring financial income | 75 | €229 | €18 | -€212 | -92.4% |
| Financial charges | 65/66B | €8,193 | €18,517 | +€10,324 | +126% |
| Recurring financial charges | 65 | €8,193 | €18,517 | +€10,324 | +126% |
| Profit (loss) for the period before taxes | 9903 | €71,545 | -€51,357 | -€122,902 | |
| Income taxes | 67/77 | €21,160 | €415 | -€20,745 | -98.0% |
| Profit (loss) for the period | 9904 | €50,385 | -€51,772 | -€102,157 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,385 | -€51,772 | -€102,157 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.