Honoris: 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.
Honoris
Largest movements
- Receivables within one year -€13,907
down €13,907 (-32.6%), from €42,598 to €28,692
of which Other amounts receivable: -€13,957
- Cash +€11,723
up €11,723 (+24.3%), from €48,274 to €59,997
mainly Receivables within one year (+€13,907) and Net result for the year (+€7,545)
- Profit (loss) carried forward +€7,545
up €7,545 (+28.1%), from €26,880 to €34,426
- Other debts -€6,537
down €6,537 (-34.8%), from €18,772 to €12,235
- Tax, wage and social debts -€2,433
down €2,433 (-87.6%), from €2,778 to €345
- Gross operating margin -€1,349
down €1,349 (-10.7%), from €12,634 to €11,285
- Financial charges -€219
down €219 (-68.4%), from €321 to €101
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 | €91,884 | €89,834 | -€2,051 | -2.2% |
| Fixed assets | 21/28 | €1,012 | €1,144 | +€133 | +13.1% |
| Tangible fixed assets | 22/27 | €1,012 | €1,144 | +€133 | +13.1% |
| Plant, machinery and equipment | 23 | - | €260 | +€260 | |
| Furniture and vehicles | 24 | €1,012 | €885 | -€127 | -12.6% |
| Current assets | 29/58 | €90,873 | €88,689 | -€2,183 | -2.4% |
| Amounts receivable within one year | 40/41 | €42,598 | €28,692 | -€13,907 | -32.6% |
| Trade receivables | 40 | €28,642 | €28,692 | +€50 | +0.2% |
| Other amounts receivable | 41 | €13,957 | - | -€13,957 | |
| Cash at bank and in hand | 54/58 | €48,274 | €59,997 | +€11,723 | +24.3% |
| Total equity and liabilities | 10/49 | €91,884 | €89,834 | -€2,051 | -2.2% |
| Equity | 10/15 | €29,880 | €37,426 | +€7,545 | +25.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,880 | €34,426 | +€7,545 | +28.1% |
| Amounts payable | 17/49 | €62,004 | €52,408 | -€9,596 | -15.5% |
| Amounts payable after more than one year | 17 | €39,500 | €39,500 | = | 0.0% |
| Financial debts | 170/4 | €39,500 | €39,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,504 | €12,908 | -€9,596 | -42.6% |
| Trade debts | 44 | €954 | €327 | -€627 | -65.7% |
| Suppliers | 440/4 | €954 | €327 | -€627 | -65.7% |
| Taxes, remuneration and social security | 45 | €2,778 | €345 | -€2,433 | -87.6% |
| Taxes | 450/3 | €2,778 | €345 | -€2,433 | -87.6% |
| Other amounts payable | 47/48 | €18,772 | €12,235 | -€6,537 | -34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,086 | €1,192 | +€106 | +9.8% |
| Gross operating margin | 9900 | €12,634 | €11,285 | -€1,349 | -10.7% |
| Operating profit (loss) | 9901 | €11,549 | €10,094 | -€1,455 | -12.6% |
| Financial income | 75/76B | - | €53 | +€53 | |
| Recurring financial income | 75 | - | €53 | +€53 | |
| Financial charges | 65/66B | €321 | €101 | -€219 | -68.4% |
| Recurring financial charges | 65 | €321 | €101 | -€219 | -68.4% |
| Profit (loss) for the period before taxes | 9903 | €11,228 | €10,045 | -€1,183 | -10.5% |
| Income taxes | 67/77 | €2,428 | €2,500 | +€72 | +3.0% |
| Profit (loss) for the period | 9904 | €8,799 | €7,545 | -€1,254 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,799 | €7,545 | -€1,254 | -14.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.