AUGUST HOLDING: 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.
AUGUST HOLDING
Largest movements
- Financial fixed assets +€260,220
up €260,220 (+14.8%), from €1.8m to €2.0m
- Deferred charges and accrued income +€153,359
up €153,359 (+2019.7%), from €7,593 to €160,952
- Receivables within one year -€107,691
down €107,691 (-9.3%), from €1.2m to €1.0m
of which Trade receivables: -€342,095
- Profit (loss) carried forward +€249,008
up €249,008 (+13.3%), from €1.9m to €2.1m
- Trade debts +€106,208
up €106,208 (+166.5%), from €63,796 to €170,004
- Gross operating margin +€370,223
up €370,223 (+128.9%), from €287,158 to €657,381
- Depreciation +€74,277
up €74,277 (+537.4%), from €13,822 to €88,099
- Financial income +€49,304
up €49,304 (+39.2%), from €125,671 to €174,976
of which Financial income: +€45,907
- Financial charges +€48,681
up €48,681 (+155.5%), from €31,296 to €79,977
of which Non-recurring financial charges: +€50,000
- Staff costs -€34,022
down €34,022 (-7.6%), from €445,224 to €411,202
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 | €3,636,059 | €3,973,874 | +€337,815 | +9.3% |
| Fixed assets | 21/28 | €2,417,955 | €2,674,720 | +€256,765 | +10.6% |
| Intangible fixed assets | 21 | €352,681 | €362,162 | +€9,481 | +2.7% |
| Tangible fixed assets | 22/27 | €308,830 | €295,894 | -€12,936 | -4.2% |
| Land and buildings | 22 | €308,830 | €295,894 | -€12,936 | -4.2% |
| Financial fixed assets | 28 | €1,756,444 | €2,016,664 | +€260,220 | +14.8% |
| Current assets | 29/58 | €1,218,104 | €1,299,154 | +€81,050 | +6.7% |
| Amounts receivable within one year | 40/41 | €1,157,641 | €1,049,951 | -€107,691 | -9.3% |
| Trade receivables | 40 | €372,522 | €30,427 | -€342,095 | -91.8% |
| Other amounts receivable | 41 | €785,119 | €1,019,524 | +€234,404 | +29.9% |
| Cash at bank and in hand | 54/58 | €52,870 | €88,252 | +€35,382 | +66.9% |
| Deferred charges and accrued income | 490/1 | €7,593 | €160,952 | +€153,359 | +2019.7% |
| Total equity and liabilities | 10/49 | €3,636,059 | €3,973,874 | +€337,815 | +9.3% |
| Equity | 10/15 | €2,070,285 | €2,319,293 | +€249,008 | +12.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €134,355 | €134,355 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €128,205 | €128,205 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,874,430 | €2,123,438 | +€249,008 | +13.3% |
| Amounts payable | 17/49 | €1,565,774 | €1,654,582 | +€88,807 | +5.7% |
| Amounts payable after more than one year | 17 | €1,412,023 | €1,388,057 | -€23,967 | -1.7% |
| Financial debts | 170/4 | €162,023 | €138,057 | -€23,967 | -14.8% |
| Other amounts payable | 178/9 | €1,250,000 | €1,250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €141,683 | €264,647 | +€122,964 | +86.8% |
| Current portion of amounts payable after more than one year | 42 | €23,514 | €23,967 | +€452 | +1.9% |
| Financial debts | 43 | €2,123 | - | -€2,123 | |
| Other loans | 439 | €2,123 | - | -€2,123 | |
| Trade debts | 44 | €63,796 | €170,004 | +€106,208 | +166.5% |
| Suppliers | 440/4 | €63,796 | €170,004 | +€106,208 | +166.5% |
| Taxes, remuneration and social security | 45 | €52,249 | €43,503 | -€8,746 | -16.7% |
| Taxes | 450/3 | €7,851 | €10,759 | +€2,908 | +37.0% |
| Remuneration and social security | 454/9 | €44,398 | €32,744 | -€11,654 | -26.2% |
| Other amounts payable | 47/48 | - | €27,173 | +€27,173 | |
| Accrued charges and deferred income | 492/3 | €12,069 | €1,878 | -€10,191 | -84.4% |
| Remuneration, social security and pensions | 62 | €445,224 | €411,202 | -€34,022 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,822 | €88,099 | +€74,277 | +537.4% |
| Other operating charges | 640/8 | €4,283 | €3,093 | -€1,190 | -27.8% |
| Gross operating margin | 9900 | €287,158 | €657,381 | +€370,223 | +128.9% |
| Operating profit (loss) | 9901 | -€176,170 | €154,987 | +€331,158 | |
| Financial income | 75/76B | €125,671 | €174,976 | +€49,304 | +39.2% |
| Recurring financial income | 75 | €125,671 | €171,578 | +€45,907 | +36.5% |
| Non-recurring financial income | 76B | - | €3,398 | +€3,398 | |
| Financial charges | 65/66B | €31,296 | €79,977 | +€48,681 | +155.5% |
| Recurring financial charges | 65 | €31,296 | €29,977 | -€1,319 | -4.2% |
| Non-recurring financial charges | 66B | - | €50,000 | +€50,000 | |
| Profit (loss) for the period before taxes | 9903 | -€81,795 | €249,986 | +€331,781 | |
| Income taxes | 67/77 | - | €978 | +€978 | |
| Profit (loss) for the period | 9904 | -€81,795 | €249,008 | +€330,803 | |
| Profit (loss) for the period to be appropriated | 9905 | -€81,795 | €249,008 | +€330,803 |
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 7 October 2026 via checked.be.