MADE@HOME: 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.
MADE@HOME
Largest movements
- Receivables within one year +€21,175
up €21,175 (+263%), from €8,048 to €29,223
of which Trade receivables: +€21,175
- Cash -€13,569
down €13,569 (-10.6%), from €128,489 to €114,921
mainly Receivables within one year (-€21,175) and Investment in fixed assets (net) (-€13,250)
- Tangible fixed assets +€8,584
up €8,584 (+38.0%), from €22,605 to €31,190
of which Furniture and vehicles: +€11,190
- Tax, wage and social debts +€7,836
up €7,836 (+489%), from €1,604 to €9,439
- Reserves +€7,558
up €7,558 (+6.4%), from €117,225 to €124,782
of which Distributable reserves: +€7,558
- Other debts -€1,995
down €1,995 (-49.0%), from €4,074 to €2,079
- Gross operating margin -€64,081
down €64,081 (-68.6%), from €93,431 to €29,350
- Taxes -€9,909
down €9,909 (-40.8%), from €24,292 to €14,383
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 | €163,255 | €177,957 | +€14,702 | +9.0% |
| Fixed assets | 21/28 | €24,066 | €32,651 | +€8,584 | +35.7% |
| Tangible fixed assets | 22/27 | €22,605 | €31,190 | +€8,584 | +38.0% |
| Furniture and vehicles | 24 | €2,240 | €13,431 | +€11,190 | +500% |
| Other tangible fixed assets | 26 | €20,365 | €17,759 | -€2,606 | -12.8% |
| Financial fixed assets | 28 | €1,461 | €1,461 | = | 0.0% |
| Current assets | 29/58 | €139,189 | €145,306 | +€6,117 | +4.4% |
| Amounts receivable within one year | 40/41 | €8,048 | €29,223 | +€21,175 | +263% |
| Trade receivables | 40 | €4,840 | €26,015 | +€21,175 | +438% |
| Other amounts receivable | 41 | €3,208 | €3,208 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €128,489 | €114,921 | -€13,569 | -10.6% |
| Deferred charges and accrued income | 490/1 | €2,652 | €1,163 | -€1,489 | -56.2% |
| Total equity and liabilities | 10/49 | €163,255 | €177,957 | +€14,702 | +9.0% |
| Equity | 10/15 | €136,124 | €143,681 | +€7,558 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €117,225 | €124,782 | +€7,558 | +6.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €115,365 | €122,922 | +€7,558 | +6.6% |
| Profit (loss) carried forward | 14 | €299 | €299 | = | 0.0% |
| Amounts payable | 17/49 | €27,131 | €34,275 | +€7,144 | +26.3% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,331 | €12,675 | +€6,344 | +100% |
| Trade debts | 44 | €653 | €1,157 | +€504 | +77.1% |
| Suppliers | 440/4 | €653 | €1,157 | +€504 | +77.1% |
| Taxes, remuneration and social security | 45 | €1,604 | €9,439 | +€7,836 | +489% |
| Taxes | 450/3 | €1,604 | €9,439 | +€7,836 | +489% |
| Other amounts payable | 47/48 | €4,074 | €2,079 | -€1,995 | -49.0% |
| Accrued charges and deferred income | 492/3 | €800 | €1,600 | +€800 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,665 | €4,666 | +€1 | 0.0% |
| Other operating charges | 640/8 | €2,211 | €1,824 | -€386 | -17.5% |
| Gross operating margin | 9900 | €93,431 | €29,350 | -€64,081 | -68.6% |
| Operating profit (loss) | 9901 | €86,555 | €22,860 | -€63,695 | -73.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €926 | €919 | -€7 | -0.7% |
| Recurring financial charges | 65 | €926 | €919 | -€7 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €85,630 | €21,941 | -€63,689 | -74.4% |
| Income taxes | 67/77 | €24,292 | €14,383 | -€9,909 | -40.8% |
| Profit (loss) for the period | 9904 | €61,338 | €7,558 | -€53,781 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,338 | €7,558 | -€53,781 | -87.7% |
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 17 October 2026 via checked.be.