HomeTarget: 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.
HomeTarget
Largest movements
- Cash +€2,732
up €2,732 (+359%), from €761 to €3,494
mainly Other debts (+€5,000) and Depreciation (+€283)
- Other debts +€5,000
up €5,000 (+58.2%), from €8,588 to €13,588
- Profit (loss) carried forward -€2,236
down €2,236 (-20.0%), from -€11,202 to -€13,438
- Purchases and services +€1,500
new in 2025: €1,500
- Gross operating margin -€716
down €716 (-91.2%), from -€785 to -€1,500
- Depreciation +€283
new in 2025: €283
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 | €59,954 | €62,403 | +€2,449 | +4.1% |
| Formation expenses | 20 | €283 | €0 | -€283 | -100% |
| Fixed assets | 21/28 | €58,370 | €58,370 | = | 0.0% |
| Intangible fixed assets | 21 | €58,370 | €58,370 | = | 0.0% |
| Current assets | 29/58 | €1,301 | €4,033 | +€2,732 | +210% |
| Amounts receivable within one year | 40/41 | €539 | €539 | = | 0.0% |
| Other amounts receivable | 41 | €539 | €539 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €761 | €3,494 | +€2,732 | +359% |
| Total equity and liabilities | 10/49 | €59,954 | €62,403 | +€2,449 | +4.1% |
| Equity | 10/15 | €45,498 | €43,262 | -€2,236 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,202 | -€13,438 | -€2,236 | -20.0% |
| Investment grants | 15 | €38,100 | €38,100 | = | 0.0% |
| Amounts payable | 17/49 | €14,456 | €19,141 | +€4,685 | +32.4% |
| Amounts payable within one year | 42/48 | €14,456 | €19,141 | +€4,685 | +32.4% |
| Trade debts | 44 | €5,868 | €5,553 | -€315 | -5.4% |
| Suppliers | 440/4 | €5,868 | €5,553 | -€315 | -5.4% |
| Other amounts payable | 47/48 | €8,588 | €13,588 | +€5,000 | +58.2% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €283 | +€283 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€785 | -€1,500 | -€716 | -91.2% |
| Operating profit (loss) | 9901 | -€1,172 | -€2,183 | -€1,011 | -86.3% |
| Financial charges | 65/66B | €57 | €53 | -€4 | -6.2% |
| Recurring financial charges | 65 | €57 | €53 | -€4 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,228 | -€2,236 | -€1,008 | -82.0% |
| Profit (loss) for the period | 9904 | -€1,228 | -€2,236 | -€1,008 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,228 | -€2,236 | -€1,008 | -82.0% |
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 13 October 2026 via checked.be.