WE HOME: 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.
WE HOME
Largest movements
- Tangible fixed assets +€640,533
up €640,533 (+1308.0%), from €48,972 to €689,504
of which Leasing and similar rights: +€635,326
- Cash -€25,033
down €25,033 (-51.4%), from €48,681 to €23,648
mainly Investment in fixed assets (net) (-€652,007) and Trade debts (-€10,975)
- Receivables within one year -€17,790
down €17,790 (-45.9%), from €38,769 to €20,979
of which Trade receivables: -€19,210
- Debts after one year +€482,740
new in 2025: €482,740
- Other debts +€52,054
up €52,054 (+75.4%), from €69,024 to €121,078
- Profit (loss) carried forward +€47,015
new in 2025: €47,015
- Current portion of long-term debt +€17,721
new in 2025: €17,721
- Trade debts -€10,975
down €10,975 (-29.7%), from €36,904 to €25,929
- Gross operating margin +€59,081
up €59,081 (+221.1%), from €26,724 to €85,805
- Financial charges +€12,006
up €12,006 (+19821.6%), from €61 to €12,067
- Depreciation +€8,312
up €8,312 (+262.8%), from €3,163 to €11,475
- Taxes +€6,844
up €6,844 (+146.2%), from €4,682 to €11,526
- Other operating charges +€3,571
up €3,571 (+943.1%), from €379 to €3,950
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 | €136,422 | €734,132 | +€597,709 | +438.1% |
| Fixed assets | 21/28 | €48,972 | €689,504 | +€640,533 | +1308.0% |
| Tangible fixed assets | 22/27 | €48,972 | €689,504 | +€640,533 | +1308.0% |
| Land and buildings | 22 | - | €7,066 | +€7,066 | |
| Furniture and vehicles | 24 | - | €310 | +€310 | |
| Leasing and similar rights | 25 | - | €635,326 | +€635,326 | |
| Other tangible fixed assets | 26 | €48,972 | €46,801 | -€2,170 | -4.4% |
| Current assets | 29/58 | €87,451 | €44,627 | -€42,823 | -49.0% |
| Amounts receivable within one year | 40/41 | €38,769 | €20,979 | -€17,790 | -45.9% |
| Trade receivables | 40 | €38,769 | €19,559 | -€19,210 | -49.6% |
| Other amounts receivable | 41 | - | €1,420 | +€1,420 | |
| Cash at bank and in hand | 54/58 | €48,681 | €23,648 | -€25,033 | -51.4% |
| Total equity and liabilities | 10/49 | €136,422 | €734,132 | +€597,709 | +438.1% |
| Equity | 10/15 | €23,440 | €70,455 | +€47,015 | +200.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,440 | €18,440 | = | 0.0% |
| Distributable reserves | 133 | €18,440 | €18,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €47,015 | +€47,015 | |
| Amounts payable | 17/49 | €112,982 | €663,676 | +€550,694 | +487.4% |
| Amounts payable after more than one year | 17 | - | €482,740 | +€482,740 | |
| Financial debts | 170/4 | - | €482,740 | +€482,740 | |
| Amounts payable within one year | 42/48 | €112,982 | €180,936 | +€67,953 | +60.1% |
| Current portion of amounts payable after more than one year | 42 | - | €17,721 | +€17,721 | |
| Trade debts | 44 | €36,904 | €25,929 | -€10,975 | -29.7% |
| Suppliers | 440/4 | €36,904 | €25,929 | -€10,975 | -29.7% |
| Taxes, remuneration and social security | 45 | €7,055 | €16,208 | +€9,154 | +129.7% |
| Taxes | 450/3 | €7,055 | €16,208 | +€9,154 | +129.7% |
| Other amounts payable | 47/48 | €69,024 | €121,078 | +€52,054 | +75.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,163 | €11,475 | +€8,312 | +262.8% |
| Other operating charges | 640/8 | €379 | €3,950 | +€3,571 | +943.1% |
| Gross operating margin | 9900 | €26,724 | €85,805 | +€59,081 | +221.1% |
| Operating profit (loss) | 9901 | €23,183 | €70,380 | +€47,197 | +203.6% |
| Financial income | 75/76B | - | €227 | +€227 | |
| Recurring financial income | 75 | - | €227 | +€227 | |
| Financial charges | 65/66B | €61 | €12,067 | +€12,006 | +19821.6% |
| Recurring financial charges | 65 | €61 | €12,067 | +€12,006 | +19821.6% |
| Profit (loss) for the period before taxes | 9903 | €23,123 | €58,541 | +€35,419 | +153.2% |
| Income taxes | 67/77 | €4,682 | €11,526 | +€6,844 | +146.2% |
| Profit (loss) for the period | 9904 | €18,440 | €47,015 | +€28,575 | +155.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,440 | €47,015 | +€28,575 | +155.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.