ETABLISSEMENTS Philippe HOOLANS: what changed
ETABLISSEMENTS Philippe HOOLANS
Largest movements
- Cash +€8,268
up €8,268 (+64.0%), from €12,915 to €21,183
mainly Net result for the year (+€12,632) and Depreciation (+€1,962)
- Tangible fixed assets +€2,834
up €2,834 (+58.4%), from €4,856 to €7,690
of which Furniture and vehicles: +€1,666
- Receivables within one year +€555
up €555 (+148%), from €376 to €931
of which Trade receivables: +€931
- Reserves +€12,500
new in 2025: €12,500
- Other debts -€744
down €744 (-16.6%), from €4,474 to €3,730
- Trade debts +€323
new in 2025: €323
- Tax, wage and social debts -€322
down €322 (-15.4%), from €2,091 to €1,769
- Gross operating margin +€4,081
up €4,081 (+23.4%), from €17,436 to €21,517
- Taxes +€3,347
up €3,347 (+229%), from €1,460 to €4,807
- Depreciation +€1,118
up €1,118 (+132%), from €844 to €1,962
- Other operating charges +€611
up €611 (+41.6%), from €1,467 to €2,078
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,251 | €31,139 | +€11,888 | +61.8% |
| Fixed assets | 21/28 | €4,856 | €7,690 | +€2,834 | +58.4% |
| Tangible fixed assets | 22/27 | €4,856 | €7,690 | +€2,834 | +58.4% |
| Plant, machinery and equipment | 23 | €4,856 | €6,024 | +€1,168 | +24.1% |
| Furniture and vehicles | 24 | - | €1,666 | +€1,666 | |
| Current assets | 29/58 | €14,395 | €23,449 | +€9,054 | +62.9% |
| Amounts receivable within one year | 40/41 | €376 | €931 | +€555 | +148% |
| Trade receivables | 40 | - | €931 | +€931 | |
| Other amounts receivable | 41 | €376 | - | -€376 | |
| Cash at bank and in hand | 54/58 | €12,915 | €21,183 | +€8,268 | +64.0% |
| Deferred charges and accrued income | 490/1 | €1,104 | €1,335 | +€231 | +20.9% |
| Total equity and liabilities | 10/49 | €19,251 | €31,139 | +€11,888 | +61.8% |
| Equity | 10/15 | €12,686 | €25,317 | +€12,631 | +99.6% |
| Contributions | 10/11 | €12,743 | €12,743 | = | 0.0% |
| Contributions outside capital | 11 | €12,743 | - | -€12,743 | |
| Other | 1109/19 | €12,743 | - | -€12,743 | |
| Reserves | 13 | - | €12,500 | +€12,500 | |
| Distributable reserves | 133 | - | €12,500 | +€12,500 | |
| Profit (loss) carried forward | 14 | -€57 | €74 | +€131 | |
| Amounts payable | 17/49 | €6,565 | €5,822 | -€743 | -11.3% |
| Amounts payable within one year | 42/48 | €6,565 | €5,822 | -€743 | -11.3% |
| Trade debts | 44 | - | €323 | +€323 | |
| Suppliers | 440/4 | - | €323 | +€323 | |
| Taxes, remuneration and social security | 45 | €2,091 | €1,769 | -€322 | -15.4% |
| Taxes | 450/3 | €2,091 | €1,769 | -€322 | -15.4% |
| Other amounts payable | 47/48 | €4,474 | €3,730 | -€744 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €844 | €1,962 | +€1,118 | +132% |
| Other operating charges | 640/8 | €1,467 | €2,078 | +€611 | +41.6% |
| Gross operating margin | 9900 | €17,436 | €21,517 | +€4,081 | +23.4% |
| Operating profit (loss) | 9901 | €15,125 | €17,477 | +€2,352 | +15.6% |
| Financial charges | 65/66B | - | €38 | +€38 | |
| Recurring financial charges | 65 | - | €38 | +€38 | |
| Profit (loss) for the period before taxes | 9903 | €15,125 | €17,439 | +€2,314 | +15.3% |
| Income taxes | 67/77 | €1,460 | €4,807 | +€3,347 | +229% |
| Profit (loss) for the period | 9904 | €13,665 | €12,632 | -€1,033 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,665 | €12,632 | -€1,033 | -7.6% |
Next steps
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 8 November 2026 via checked.be.