1105 Holding: what changed
What changed
1105 Holding
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€261,272
2024 · -€524,737+€263,465
Equity
-€712,638
2024 · -€451,366-€261,272
Cash
€15,732
2024 · €13,046+€2,686
Balance sheet total
€1.6m
2024 · €1.6m+€45,083
Largest movements
Assets
- Deferred charges and accrued income +€25,808
up €25,808 (+41.3%), from €62,536 to €88,344
- Receivables within one year +€16,589
up €16,589 (+2.0%), from €843,877 to €860,466
of which Trade receivables: +€48,950
Equity and liabilities
- Profit (loss) carried forward -€261,272
down €261,272 (-49.8%), from -€524,737 to -€786,008
- Other debts +€240,846
up €240,846 (+14.3%), from €1.7m to €1.9m
- Trade debts +€129,091
up €129,091 (+210%), from €61,470 to €190,561
- Accrued charges and deferred income -€63,582
down €63,582 (-97.1%), from €65,489 to €1,907
Income statement
- Gross operating margin +€283,087
up €283,087 (+57.9%), from -€489,148 to -€206,061
- Financial income -€11,429
down €11,429 (-27.1%), from €42,195 to €30,765
- Financial charges +€8,174
up €8,174 (+10.7%), from €76,464 to €84,638
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€524,737
Gross operating margin
+€283,087
Other operating charges
-€19
Financial income
-€11,429
Financial charges
-€8,174
Result 2025
-€261,272
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2,686
Investment
€0
Financing
€0
Cash 2024
€13,046
From operations (derived)
+€2,686
Net result for the year
-€261,272
Receivables within one year
-€16,589
Deferred charges and accrued income
-€25,808
Trade debts
+€129,091
Other debts
+€240,846
Accrued charges and deferred income
-€63,582
Cash 2025
€15,732
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,584,035 | €1,629,117 | +€45,083 | +2.8% |
| Fixed assets | 21/28 | €664,575 | €664,575 | = | 0.0% |
| Financial fixed assets | 28 | €664,575 | €664,575 | = | 0.0% |
| Current assets | 29/58 | €919,459 | €964,542 | +€45,083 | +4.9% |
| Amounts receivable within one year | 40/41 | €843,877 | €860,466 | +€16,589 | +2.0% |
| Trade receivables | 40 | €27,256 | €76,205 | +€48,950 | +180% |
| Other amounts receivable | 41 | €816,621 | €784,260 | -€32,361 | -4.0% |
| Cash at bank and in hand | 54/58 | €13,046 | €15,732 | +€2,686 | +20.6% |
| Deferred charges and accrued income | 490/1 | €62,536 | €88,344 | +€25,808 | +41.3% |
| Total equity and liabilities | 10/49 | €1,584,035 | €1,629,117 | +€45,083 | +2.8% |
| Equity | 10/15 | -€451,366 | -€712,638 | -€261,272 | -57.9% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €72,171 | €72,171 | = | 0.0% |
| Non-distributable reserves | 130/1 | €120 | €120 | = | 0.0% |
| Reserves not available under the articles | 1311 | €120 | €120 | = | 0.0% |
| Tax-exempt reserves | 132 | €953 | €953 | = | 0.0% |
| Distributable reserves | 133 | €71,098 | €71,098 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€524,737 | -€786,008 | -€261,272 | -49.8% |
| Amounts payable | 17/49 | €2,035,401 | €2,341,755 | +€306,354 | +15.1% |
| Amounts payable within one year | 42/48 | €1,969,912 | €2,339,848 | +€369,937 | +18.8% |
| Financial debts | 43 | €230,000 | €230,000 | = | 0.0% |
| Credit institutions | 430/8 | €230,000 | €230,000 | = | 0.0% |
| Trade debts | 44 | €61,470 | €190,561 | +€129,091 | +210% |
| Suppliers | 440/4 | €61,470 | €190,561 | +€129,091 | +210% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,678,442 | €1,919,287 | +€240,846 | +14.3% |
| Accrued charges and deferred income | 492/3 | €65,489 | €1,907 | -€63,582 | -97.1% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €1,320 | €1,338 | +€19 | +1.4% |
| Gross operating margin | 9900 | -€489,148 | -€206,061 | +€283,087 | +57.9% |
| Operating profit (loss) | 9901 | -€490,468 | -€207,399 | +€283,068 | +57.7% |
| Financial income | 75/76B | €42,195 | €30,765 | -€11,429 | -27.1% |
| Recurring financial income | 75 | €42,195 | €30,765 | -€11,429 | -27.1% |
| Financial charges | 65/66B | €76,464 | €84,638 | +€8,174 | +10.7% |
| Recurring financial charges | 65 | €76,464 | €84,638 | +€8,174 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€524,737 | -€261,272 | +€263,465 | +50.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€524,737 | -€261,272 | +€263,465 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€524,737 | -€261,272 | +€263,465 | +50.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.