HŌMU: 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.
HŌMU
Largest movements
- Cash -€46,840
down €46,840 (-64.1%), from €73,112 to €26,271
mainly Investment in fixed assets (net) (-€38,580) and Receivables after one year (-€17,000)
- Tangible fixed assets +€34,969
up €34,969 (+972%), from €3,599 to €38,568
of which Furniture and vehicles: +€28,169
- Receivables within one year -€24,772
down €24,772 (-25.6%), from €96,869 to €72,097
- Receivables after one year +€17,000
new in 2025: €17,000
- Deferred charges and accrued income +€4,089
up €4,089 (+164,212%), from €2 to €4,091
- Tax, wage and social debts -€15,844
down €15,844 (-79.1%), from €20,021 to €4,177
- Trade debts +€5,381
up €5,381 (+269%), from €2,003 to €7,384
- Other debts -€3,370
no longer reported in 2025 (was €3,370)
- Gross operating margin +€477
up €477 (+12.5%), from €3,805 to €4,282
- Depreciation +€107
up €107 (+3.1%), from €3,504 to €3,611
- Financial charges -€105
down €105 (-46.2%), from €228 to €123
- Financial income +€78
up €78 (+97,388%), from €0 to €78
- Other operating charges -€51
down €51 (-8.0%), from €635 to €585
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 | €173,582 | €158,028 | -€15,555 | -9.0% |
| Fixed assets | 21/28 | €3,599 | €38,568 | +€34,969 | +972% |
| Tangible fixed assets | 22/27 | €3,599 | €38,568 | +€34,969 | +972% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €3,599 | €31,768 | +€28,169 | +783% |
| Other tangible fixed assets | 26 | - | €6,800 | +€6,800 | |
| Current assets | 29/58 | €169,983 | €119,460 | -€50,523 | -29.7% |
| Amounts receivable after more than one year | 29 | - | €17,000 | +€17,000 | |
| Other amounts receivable | 291 | - | €17,000 | +€17,000 | |
| Amounts receivable within one year | 40/41 | €96,869 | €72,097 | -€24,772 | -25.6% |
| Trade receivables | 40 | €96,869 | €72,097 | -€24,772 | -25.6% |
| Cash at bank and in hand | 54/58 | €73,112 | €26,271 | -€46,840 | -64.1% |
| Deferred charges and accrued income | 490/1 | €2 | €4,091 | +€4,089 | +164,212% |
| Total equity and liabilities | 10/49 | €173,582 | €158,028 | -€15,555 | -9.0% |
| Equity | 10/15 | €146,298 | €145,731 | -€567 | -0.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €74,000 | €74,000 | = | 0.0% |
| Distributable reserves | 133 | €74,000 | €74,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,798 | €68,231 | -€567 | -0.8% |
| Amounts payable | 17/49 | €27,284 | €12,296 | -€14,988 | -54.9% |
| Amounts payable within one year | 42/48 | €25,394 | €11,561 | -€13,833 | -54.5% |
| Trade debts | 44 | €2,003 | €7,384 | +€5,381 | +269% |
| Suppliers | 440/4 | €2,003 | €7,384 | +€5,381 | +269% |
| Taxes, remuneration and social security | 45 | €20,021 | €4,177 | -€15,844 | -79.1% |
| Taxes | 450/3 | €20,021 | €4,177 | -€15,844 | -79.1% |
| Other amounts payable | 47/48 | €3,370 | - | -€3,370 | |
| Accrued charges and deferred income | 492/3 | €1,890 | €735 | -€1,155 | -61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,504 | €3,611 | +€107 | +3.1% |
| Other operating charges | 640/8 | €635 | €585 | -€51 | -8.0% |
| Gross operating margin | 9900 | €3,805 | €4,282 | +€477 | +12.5% |
| Operating profit (loss) | 9901 | -€334 | €86 | +€420 | |
| Financial income | 75/76B | €0 | €78 | +€78 | +97,388% |
| Recurring financial income | 75 | €0 | €78 | +€78 | +97,388% |
| Financial charges | 65/66B | €228 | €123 | -€105 | -46.2% |
| Recurring financial charges | 65 | €228 | €123 | -€105 | -46.2% |
| Profit (loss) for the period before taxes | 9903 | -€562 | €42 | +€603 | |
| Income taxes | 67/77 | €588 | €608 | +€20 | +3.4% |
| Profit (loss) for the period | 9904 | -€1,150 | -€567 | +€583 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,150 | -€567 | +€583 | +50.7% |
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.