HOMEWEB.BE: 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.
HOMEWEB.BE
Largest movements
- Cash -€294,447
down €294,447 (-90.5%), from €325,284 to €30,837
mainly Short-term financial debts (-€233,690) and Net result for the year (-€36,841)
- Stocks and contracts -€38,528
down €38,528 (-9.0%), from €430,420 to €391,892
- Receivables within one year +€33,202
up €33,202 (+115%), from €28,783 to €61,985
of which Other amounts receivable: +€29,348
- Short-term financial debts -€233,690
down €233,690 (-71.9%), from €325,000 to €91,310
- Reserves -€36,841
down €36,841 (-27.4%), from €134,328 to €97,487
of which Distributable reserves: -€36,841
- Trade debts -€16,554
down €16,554 (-14.8%), from €111,819 to €95,265
- Tax, wage and social debts -€15,000
no longer reported in 2025 (was €15,000)
- Gross operating margin -€64,969
down €64,969, from €45,479 to -€19,490
- Financial charges -€15,469
down €15,469 (-55.0%), from €28,120 to €12,651
- Taxes -€5,081
down €5,081, from €4,789 to -€292
- Financial income -€906
no longer reported in 2025 (was €906)
- Depreciation +€865
up €865 (+24.5%), from €3,527 to €4,392
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 | €797,469 | €499,174 | -€298,295 | -37.4% |
| Fixed assets | 21/28 | €12,982 | €14,460 | +€1,478 | +11.4% |
| Tangible fixed assets | 22/27 | €12,982 | €14,460 | +€1,478 | +11.4% |
| Furniture and vehicles | 24 | €12,982 | €14,460 | +€1,478 | +11.4% |
| Current assets | 29/58 | €784,487 | €484,714 | -€299,773 | -38.2% |
| Stocks and contracts in progress | 3 | €430,420 | €391,892 | -€38,528 | -9.0% |
| Stocks | 30/36 | €430,420 | €391,892 | -€38,528 | -9.0% |
| Amounts receivable within one year | 40/41 | €28,783 | €61,985 | +€33,202 | +115% |
| Trade receivables | 40 | €21,802 | €25,656 | +€3,854 | +17.7% |
| Other amounts receivable | 41 | €6,981 | €36,329 | +€29,348 | +420% |
| Cash at bank and in hand | 54/58 | €325,284 | €30,837 | -€294,447 | -90.5% |
| Total equity and liabilities | 10/49 | €797,469 | €499,174 | -€298,295 | -37.4% |
| Equity | 10/15 | €259,328 | €222,487 | -€36,841 | -14.2% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €134,328 | €97,487 | -€36,841 | -27.4% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €121,828 | €84,987 | -€36,841 | -30.2% |
| Amounts payable | 17/49 | €538,141 | €276,687 | -€261,454 | -48.6% |
| Amounts payable within one year | 42/48 | €529,682 | €265,377 | -€264,304 | -49.9% |
| Financial debts | 43 | €325,000 | €91,310 | -€233,690 | -71.9% |
| Other loans | 439 | €325,000 | €91,310 | -€233,690 | -71.9% |
| Trade debts | 44 | €111,819 | €95,265 | -€16,554 | -14.8% |
| Suppliers | 440/4 | €111,819 | €95,265 | -€16,554 | -14.8% |
| Taxes, remuneration and social security | 45 | €15,000 | - | -€15,000 | |
| Taxes | 450/3 | €15,000 | - | -€15,000 | |
| Other amounts payable | 47/48 | €77,862 | €78,802 | +€940 | +1.2% |
| Accrued charges and deferred income | 492/3 | €8,460 | €11,310 | +€2,850 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,527 | €4,392 | +€865 | +24.5% |
| Other operating charges | 640/8 | €828 | €601 | -€227 | -27.4% |
| Gross operating margin | 9900 | €45,479 | -€19,490 | -€64,969 | |
| Operating profit (loss) | 9901 | €41,124 | -€24,482 | -€65,607 | |
| Financial income | 75/76B | €906 | - | -€906 | |
| Recurring financial income | 75 | €906 | - | -€906 | |
| Financial charges | 65/66B | €28,120 | €12,651 | -€15,469 | -55.0% |
| Recurring financial charges | 65 | €28,120 | €12,651 | -€15,469 | -55.0% |
| Profit (loss) for the period before taxes | 9903 | €13,910 | -€37,133 | -€51,044 | |
| Income taxes | 67/77 | €4,789 | -€292 | -€5,081 | |
| Profit (loss) for the period | 9904 | €9,121 | -€36,841 | -€45,962 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,121 | -€36,841 | -€45,962 |
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 23 October 2026 via checked.be.