Homogen: 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.
Homogen
Largest movements
- Cash +€131,512
up €131,512 (+40.2%), from €327,290 to €458,802
mainly Net result for the year (+€116,079) and Receivables after one year (+€56,000)
- Receivables after one year -€56,000
no longer reported in 2025 (was €56,000)
- Receivables within one year -€31,947
down €31,947 (-51.8%), from €61,651 to €29,704
of which Trade receivables: -€25,858
- Reserves +€116,070
up €116,070 (+29.1%), from €398,340 to €514,410
- Other debts -€85,000
no longer reported in 2025 (was €85,000)
- Tax, wage and social debts +€13,523
up €13,523 (+45.1%), from €30,007 to €43,530
- Gross operating margin +€18,133
up €18,133 (+11.8%), from €154,231 to €172,364
- Taxes +€6,004
up €6,004 (+13.5%), from €44,423 to €50,427
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 | €592,130 | €632,042 | +€39,912 | +6.7% |
| Fixed assets | 21/28 | €16,241 | €11,761 | -€4,480 | -27.6% |
| Tangible fixed assets | 22/27 | €16,200 | €11,719 | -€4,480 | -27.7% |
| Plant, machinery and equipment | 23 | €12,034 | €10,213 | -€1,820 | -15.1% |
| Furniture and vehicles | 24 | €4,166 | €1,506 | -€2,660 | -63.8% |
| Financial fixed assets | 28 | €41 | €41 | = | 0.0% |
| Current assets | 29/58 | €575,888 | €620,281 | +€44,392 | +7.7% |
| Amounts receivable after more than one year | 29 | €56,000 | - | -€56,000 | |
| Other amounts receivable | 291 | €56,000 | - | -€56,000 | |
| Amounts receivable within one year | 40/41 | €61,651 | €29,704 | -€31,947 | -51.8% |
| Trade receivables | 40 | €51,900 | €26,042 | -€25,858 | -49.8% |
| Other amounts receivable | 41 | €9,751 | €3,663 | -€6,089 | -62.4% |
| Current investments | 50/53 | €123,750 | €123,750 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €327,290 | €458,802 | +€131,512 | +40.2% |
| Deferred charges and accrued income | 490/1 | €7,197 | €8,024 | +€827 | +11.5% |
| Total equity and liabilities | 10/49 | €592,130 | €632,042 | +€39,912 | +6.7% |
| Equity | 10/15 | €467,405 | €583,484 | +€116,079 | +24.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €398,340 | €514,410 | +€116,070 | +29.1% |
| Distributable reserves | 133 | €398,340 | €514,410 | +€116,070 | +29.1% |
| Profit (loss) carried forward | 14 | €62,865 | €62,874 | +€9 | 0.0% |
| Amounts payable | 17/49 | €124,725 | €48,558 | -€76,167 | -61.1% |
| Amounts payable within one year | 42/48 | €124,700 | €48,526 | -€76,174 | -61.1% |
| Trade debts | 44 | €9,693 | €4,996 | -€4,696 | -48.5% |
| Suppliers | 440/4 | €9,693 | €4,996 | -€4,696 | -48.5% |
| Taxes, remuneration and social security | 45 | €30,007 | €43,530 | +€13,523 | +45.1% |
| Taxes | 450/3 | €30,007 | €43,530 | +€13,523 | +45.1% |
| Other amounts payable | 47/48 | €85,000 | - | -€85,000 | |
| Accrued charges and deferred income | 492/3 | €25 | €31 | +€6 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,528 | €6,062 | -€466 | -7.1% |
| Other operating charges | 640/8 | €413 | €462 | +€49 | +11.8% |
| Gross operating margin | 9900 | €154,231 | €172,364 | +€18,133 | +11.8% |
| Operating profit (loss) | 9901 | €147,291 | €165,840 | +€18,550 | +12.6% |
| Financial income | 75/76B | €4,749 | €4,104 | -€646 | -13.6% |
| Recurring financial income | 75 | €4,749 | €4,104 | -€646 | -13.6% |
| Financial charges | 65/66B | €3,965 | €3,438 | -€527 | -13.3% |
| Recurring financial charges | 65 | €3,965 | €3,438 | -€527 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €148,075 | €166,506 | +€18,431 | +12.4% |
| Income taxes | 67/77 | €44,423 | €50,427 | +€6,004 | +13.5% |
| Profit (loss) for the period | 9904 | €103,652 | €116,079 | +€12,427 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €103,652 | €116,079 | +€12,427 | +12.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.