HOREMANS-KLOMP: 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.
HOREMANS-KLOMP
Largest movements
- Cash -€23,419
down €23,419 (-74.0%), from €31,643 to €8,224
mainly Net result for the year (-€15,827) and Trade debts (-€8,685)
- Deferred charges and accrued income -€4,377
down €4,377 (-100%), from €4,377 to €0
- Stocks and contracts +€1,798
up €1,798 (+14.0%), from €12,876 to €14,674
of which Contracts in progress: +€2,100
- Receivables within one year -€1,177
down €1,177 (-5.3%), from €22,138 to €20,961
of which Trade receivables: -€4,332
- Tangible fixed assets -€877
down €877 (-18.5%), from €4,730 to €3,854
of which Land and buildings: -€650
- Reserves -€11,000
down €11,000 (-100%), from €11,000 to €0
- Trade debts -€8,685
down €8,685 (-44.5%), from €19,495 to €10,810
- Debts after one year -€5,070
down €5,070 (-55.8%), from €9,079 to €4,009
- Profit (loss) carried forward -€4,827
down €4,827, from €799 to -€4,028
- Accrued charges and deferred income +€1,763
up €1,763 (+350%), from €503 to €2,266
- Gross operating margin -€38,231
down €38,231 (-45.6%), from €83,777 to €45,546
- Staff costs -€20,910
down €20,910 (-27.6%), from €75,828 to €54,917
- Other operating charges +€2,613
up €2,613 (+195%), from €1,338 to €3,951
- Taxes -€1,262
down €1,262 (-84.2%), from €1,499 to €238
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 | €75,829 | €47,777 | -€28,052 | -37.0% |
| Fixed assets | 21/28 | €4,795 | €3,919 | -€877 | -18.3% |
| Tangible fixed assets | 22/27 | €4,730 | €3,854 | -€877 | -18.5% |
| Land and buildings | 22 | €4,397 | €3,747 | -€650 | -14.8% |
| Furniture and vehicles | 24 | €333 | €107 | -€227 | -68.0% |
| Financial fixed assets | 28 | €65 | €65 | = | 0.0% |
| Current assets | 29/58 | €71,034 | €43,858 | -€27,176 | -38.3% |
| Stocks and contracts in progress | 3 | €12,876 | €14,674 | +€1,798 | +14.0% |
| Stocks | 30/36 | €9,526 | €9,224 | -€302 | -3.2% |
| Contracts in progress | 37 | €3,350 | €5,450 | +€2,100 | +62.7% |
| Amounts receivable within one year | 40/41 | €22,138 | €20,961 | -€1,177 | -5.3% |
| Trade receivables | 40 | €18,876 | €14,544 | -€4,332 | -23.0% |
| Other amounts receivable | 41 | €3,261 | €6,416 | +€3,155 | +96.7% |
| Cash at bank and in hand | 54/58 | €31,643 | €8,224 | -€23,419 | -74.0% |
| Deferred charges and accrued income | 490/1 | €4,377 | €0 | -€4,377 | -100% |
| Total equity and liabilities | 10/49 | €75,829 | €47,777 | -€28,052 | -37.0% |
| Equity | 10/15 | €30,399 | €14,572 | -€15,827 | -52.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,000 | €0 | -€11,000 | -100% |
| Distributable reserves | 133 | €11,000 | €0 | -€11,000 | -100% |
| Profit (loss) carried forward | 14 | €799 | -€4,028 | -€4,827 | |
| Amounts payable | 17/49 | €45,429 | €33,204 | -€12,225 | -26.9% |
| Amounts payable after more than one year | 17 | €9,079 | €4,009 | -€5,070 | -55.8% |
| Financial debts | 170/4 | €9,079 | €4,009 | -€5,070 | -55.8% |
| Amounts payable within one year | 42/48 | €35,847 | €26,929 | -€8,918 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €4,772 | €5,070 | +€298 | +6.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €19,495 | €10,810 | -€8,685 | -44.5% |
| Suppliers | 440/4 | €19,495 | €10,810 | -€8,685 | -44.5% |
| Taxes, remuneration and social security | 45 | €11,580 | €11,049 | -€531 | -4.6% |
| Taxes | 450/3 | €2,102 | €193 | -€1,909 | -90.8% |
| Remuneration and social security | 454/9 | €9,478 | €10,856 | +€1,378 | +14.5% |
| Accrued charges and deferred income | 492/3 | €503 | €2,266 | +€1,763 | +350% |
| Remuneration, social security and pensions | 62 | €75,828 | €54,917 | -€20,910 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €877 | €902 | +€25 | +2.9% |
| Other operating charges | 640/8 | €1,338 | €3,951 | +€2,613 | +195% |
| Gross operating margin | 9900 | €83,777 | €45,546 | -€38,231 | -45.6% |
| Operating profit (loss) | 9901 | €5,735 | -€14,223 | -€19,958 | |
| Financial income | 75/76B | €365 | €534 | +€169 | +46.3% |
| Recurring financial income | 75 | €365 | €534 | +€169 | +46.3% |
| Financial charges | 65/66B | €2,336 | €1,900 | -€436 | -18.7% |
| Recurring financial charges | 65 | €2,336 | €1,900 | -€436 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €3,763 | -€15,590 | -€19,353 | |
| Income taxes | 67/77 | €1,499 | €238 | -€1,262 | -84.2% |
| Profit (loss) for the period | 9904 | €2,264 | -€15,827 | -€18,091 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,264 | -€15,827 | -€18,091 |
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 17 October 2026 via checked.be.