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T-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.

What changed

T-Home

BE 1009.057.742
NACE 43.211, General electrical installation work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5,344
2024 · -€8,616+€13,959
Equity
€16,728
2024 · €11,384+€5,344
Cash
€6,537
2024 · €5,812+€725
Balance sheet total
€63,454
2024 · €15,806+€47,648

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€28,436

    up €28,436 (+518%), from €5,490 to €33,926

    of which Trade receivables: +€24,060

  • Tangible fixed assets +€18,046

    up €18,046 (+427%), from €4,231 to €22,278

    of which Furniture and vehicles: +€17,728

  • Cash +€725

    up €725 (+12.5%), from €5,812 to €6,537

    mainly Trade debts (+€19,869) and Debts after one year (+€13,153)

Equity and liabilities
  • Trade debts +€19,869

    up €19,869 (+2,004%), from €991 to €20,861

  • Debts after one year +€13,153

    new in 2025: €13,153

  • Current portion of long-term debt +€6,074

    new in 2025: €6,074

  • Profit (loss) carried forward +€5,344

    up €5,344 (+62.0%), from -€8,616 to -€3,272

  • Tax, wage and social debts +€3,209

    up €3,209 (+93.5%), from €3,430 to €6,639

    of which Taxes: +€2,324

Income statement
  • Gross operating margin +€19,616

    up €19,616, from -€7,806 to €11,810

  • Depreciation +€3,431

    up €3,431 (+947%), from €362 to €3,793

  • Taxes +€1,704

    new in 2025: €1,704

  • Financial charges +€264

    up €264 (+349%), from €76 to €339

  • Other operating charges +€253

    up €253 (+65.4%), from €387 to €641

From the 2024 result to the 2025 result

effect on the 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 2024 -€8,616
Gross operating margin +€19,616
Depreciation -€3,431
Other operating charges -€253
Financial income -€6
Financial charges -€264
Taxes -€1,704
Result 2025 €5,344
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€3,338
Investment -€21,840
Financing +€19,227
Cash 2024 €5,812
Net result for the year +€5,344
Depreciation +€3,793
Receivables within one year -€28,436
Deferred charges and accrued income -€440
Trade debts +€19,869
Tax, wage and social debts +€3,209
Investment in fixed assets (net) -€21,840
Debts after one year +€13,153
Current portion of long-term debt +€6,074
Cash 2025 €6,537
brings cash intakes cash out
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €15,806 €63,454 +€47,648 +301%
Fixed assets 21/28 €4,231 €22,278 +€18,046 +427%
Tangible fixed assets 22/27 €4,231 €22,278 +€18,046 +427%
Plant, machinery and equipment 23 €2,972 €3,291 +€319 +10.7%
Furniture and vehicles 24 €1,259 €18,987 +€17,728 +1,408%
Current assets 29/58 €11,575 €41,177 +€29,602 +256%
Amounts receivable within one year 40/41 €5,490 €33,926 +€28,436 +518%
Trade receivables 40 €3,655 €27,715 +€24,060 +658%
Other amounts receivable 41 €1,834 €6,211 +€4,376 +239%
Cash at bank and in hand 54/58 €5,812 €6,537 +€725 +12.5%
Deferred charges and accrued income 490/1 €273 €713 +€440 +161%
Total equity and liabilities 10/49 €15,806 €63,454 +€47,648 +301%
Equity 10/15 €11,384 €16,728 +€5,344 +46.9%
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 -€8,616 -€3,272 +€5,344 +62.0%
Amounts payable 17/49 €4,421 €46,726 +€42,305 +957%
Amounts payable after more than one year 17 - €13,153 +€13,153
Financial debts 170/4 - €13,153 +€13,153
Amounts payable within one year 42/48 €4,421 €33,573 +€29,152 +659%
Current portion of amounts payable after more than one year 42 - €6,074 +€6,074
Trade debts 44 €991 €20,861 +€19,869 +2,004%
Suppliers 440/4 €991 €20,861 +€19,869 +2,004%
Taxes, remuneration and social security 45 €3,430 €6,639 +€3,209 +93.5%
Taxes 450/3 €1,180 €3,504 +€2,324 +197%
Remuneration and social security 454/9 €2,250 €3,135 +€885 +39.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €362 €3,793 +€3,431 +947%
Other operating charges 640/8 €387 €641 +€253 +65.4%
Gross operating margin 9900 -€7,806 €11,810 +€19,616
Operating profit (loss) 9901 -€8,556 €7,377 +€15,932
Financial income 75/76B €16 €10 -€6 -35.5%
Recurring financial income 75 €16 €10 -€6 -35.5%
Financial charges 65/66B €76 €339 +€264 +349%
Recurring financial charges 65 €76 €339 +€264 +349%
Profit (loss) for the period before taxes 9903 -€8,616 €7,047 +€15,663
Income taxes 67/77 - €1,704 +€1,704
Profit (loss) for the period 9904 -€8,616 €5,344 +€13,959
Profit (loss) for the period to be appropriated 9905 -€8,616 €5,344 +€13,959

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 27 October 2026 via checked.be.