HOMYAD: 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.
What changed
HOMYAD
NACE 64.210, Activities of holding companies
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€6.1m
2023 · -€4.5m-€1.6m
Equity
-€5.6m
2023 · €461,813-€6.1m
Cash
€332,659
2023 · €282,326+€50,334
Balance sheet total
€11.7m
2023 · €16.2m-€4.5m
Largest movements
Assets
- Financial fixed assets -€5.5m
down €5.5m (-36.6%), from €15.0m to €9.5m
- Receivables within one year +€1.0m
up €1.0m (+219%), from €477,606 to €1.5m
of which Other amounts receivable: +€968,242
Equity and liabilities
- Profit (loss) carried forward -€6.1m
down €6.1m (-157%), from -€3.9m to -€10.0m
- Other debts +€2.3m
up €2.3m (+114%), from €2.0m to €4.3m
- Debts after one year -€700,000
down €700,000 (-5.1%), from €13.6m to €12.9m
Income statement
- Financial charges +€1.6m
up €1.6m (+33.0%), from €5.0m to €6.6m
of which Non-recurring financial charges: +€1.6m
- Turnover +€29,524
up €29,524 (+202%), from €14,647 to €44,171
- Services and other goods -€28,002
down €28,002 (-31.5%), from €89,022 to €61,020
- Other operating charges +€14,797
up €14,797, from €0 to €14,797
- Other operating income +€4,705
up €4,705 (+2.3%), from €204,480 to €209,185
From the 2023 result to the 2024 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.
Result 2023
-€4.5m
Turnover
+€29,524
Other operating income
+€4,705
Services and other goods
+€28,002
Other operating charges
-€14,797
Other operating items
-€11
Financial income
+€4,521
Financial charges
-€1.6m
Result 2024
-€6.1m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€4.7m
Investment
+€5.5m
Financing
-€700,000
Cash 2023
€282,326
From operations (derived)
-€4.7m
Net result for the year
-€6.1m
Depreciation
+€111,873
Receivables within one year
-€1.0m
Deferred charges and accrued income
-€5,311
Trade debts
-€32,796
Other debts
+€2.3m
Accrued charges and deferred income
+€39,229
Investment (derived)
+€5.5m
Investment in fixed assets (net)
+€5.5m
Financing
-€700,000
Debts after one year
-€700,000
Cash 2024
€332,659
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,179,653 | €11,679,855 | -€4.5m | -27.8% |
| Formation expenses | 20 | €389,928 | €278,055 | -€111,873 | -28.7% |
| Fixed assets | 21/28 | €15,010,246 | €9,520,000 | -€5.5m | -36.6% |
| Financial fixed assets | 28 | €15,010,246 | €9,520,000 | -€5.5m | -36.6% |
| Affiliated companies | 280/1 | €15,010,246 | €9,520,000 | -€5.5m | -36.6% |
| Participating interests | 280 | €5,490,246 | €500,000 | -€5.0m | -90.9% |
| Amounts receivable | 281 | €9,520,000 | €9,020,000 | -€500,000 | -5.3% |
| Current assets | 29/58 | €779,479 | €1,881,800 | +€1.1m | +141% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €477,606 | €1,524,282 | +€1.0m | +219% |
| Trade receivables | 40 | €179,249 | €257,683 | +€78,434 | +43.8% |
| Other amounts receivable | 41 | €298,357 | €1,266,600 | +€968,242 | +325% |
| Cash at bank and in hand | 54/58 | €282,326 | €332,659 | +€50,334 | +17.8% |
| Deferred charges and accrued income | 490/1 | €19,548 | €24,858 | +€5,311 | +27.2% |
| Total equity and liabilities | 10/49 | €16,179,653 | €11,679,855 | -€4.5m | -27.8% |
| Equity | 10/15 | €461,813 | -€5,616,536 | -€6.1m | |
| Contributions | 10/11 | €4,343,115 | €4,343,115 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,881,303 | -€9,959,651 | -€6.1m | -157% |
| Amounts payable | 17/49 | €15,717,841 | €17,296,391 | +€1.6m | +10.0% |
| Amounts payable after more than one year | 17 | €13,600,000 | €12,900,000 | -€700,000 | -5.1% |
| Financial debts | 170/4 | €13,600,000 | €12,900,000 | -€700,000 | -5.1% |
| Other loans | 174 | €13,600,000 | €12,900,000 | -€700,000 | -5.1% |
| Amounts payable within one year | 42/48 | €2,039,378 | €4,278,699 | +€2.2m | +110% |
| Trade debts | 44 | €40,179 | €7,383 | -€32,796 | -81.6% |
| Suppliers | 440/4 | €40,179 | €7,383 | -€32,796 | -81.6% |
| Other amounts payable | 47/48 | €1,999,199 | €4,271,316 | +€2.3m | +114% |
| Accrued charges and deferred income | 492/3 | €78,463 | €117,692 | +€39,229 | +50.0% |
| Operating income | 70/76A | €219,138 | €253,356 | +€34,218 | +15.6% |
| Turnover | 70 | €14,647 | €44,171 | +€29,524 | +202% |
| Other operating income | 74 | €204,480 | €209,185 | +€4,705 | +2.3% |
| Non-recurring operating income | 76A | €11 | €0 | -€11 | -100% |
| Operating charges | 60/66A | €200,895 | €187,689 | -€13,206 | -6.6% |
| Services and other goods | 61 | €89,022 | €61,020 | -€28,002 | -31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,873 | €111,873 | = | 0.0% |
| Other operating charges | 640/8 | €0 | €14,797 | +€14,797 | |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €18,243 | €65,666 | +€47,423 | +260% |
| Financial income | 75/76B | €493,098 | €497,619 | +€4,521 | +0.9% |
| Recurring financial income | 75 | €493,098 | €497,619 | +€4,521 | +0.9% |
| Income from financial fixed assets | 750 | €473,550 | €476,653 | +€3,103 | +0.7% |
| Income from current assets | 751 | €19,548 | €20,966 | +€1,418 | +7.3% |
| Financial charges | 65/66B | €4,991,910 | €6,641,634 | +€1.6m | +33.0% |
| Recurring financial charges | 65 | €641,910 | €681,387 | +€39,477 | +6.1% |
| Debt charges | 650 | €640,546 | €679,763 | +€39,217 | +6.1% |
| Other financial charges | 652/9 | €1,364 | €1,624 | +€260 | +19.0% |
| Non-recurring financial charges | 66B | €4,350,000 | €5,960,246 | +€1.6m | +37.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,480,569 | -€6,078,349 | -€1.6m | -35.7% |
| Profit (loss) for the period | 9904 | -€4,480,569 | -€6,078,349 | -€1.6m | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,480,569 | -€6,078,349 | -€1.6m | -35.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.