ETIENNE HOLOFFE ARCHITECTES: what changed
ETIENNE HOLOFFE ARCHITECTES
Largest movements
- Cash +€26,365
up €26,365 (+11.0%), from €240,280 to €266,644
mainly Net result for the year (+€25,013) and Trade debts (+€12,278)
- Deferred charges and accrued income +€4,188
up €4,188 (+91.7%), from €4,569 to €8,756
- Receivables within one year +€4,169
up €4,169 (+39.6%), from €10,517 to €14,686
of which Other amounts receivable: +€8,926
- Tangible fixed assets -€3,195
down €3,195 (-62.3%), from €5,126 to €1,931
of which Furniture and vehicles: -€2,060
- Reserves +€25,000
up €25,000 (+11.2%), from €223,250 to €248,250
- Trade debts +€12,278
up €12,278 (+99.9%), from €12,294 to €24,572
- Tax, wage and social debts -€6,262
no longer reported in 2025 (was €6,262)
- Gross operating margin -€37,496
down €37,496 (-45.5%), from €82,446 to €44,950
- Taxes -€12,196
down €12,196 (-45.9%), from €26,553 to €14,357
- Depreciation -€1,817
down €1,817 (-36.3%), from €5,012 to €3,195
- Other operating charges +€1,286
up €1,286 (+65.5%), from €1,964 to €3,251
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 | €260,841 | €292,367 | +€31,526 | +12.1% |
| Fixed assets | 21/28 | €5,476 | €2,281 | -€3,195 | -58.3% |
| Tangible fixed assets | 22/27 | €5,126 | €1,931 | -€3,195 | -62.3% |
| Furniture and vehicles | 24 | €2,756 | €696 | -€2,060 | -74.7% |
| Other tangible fixed assets | 26 | €2,370 | €1,235 | -€1,135 | -47.9% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €255,365 | €290,086 | +€34,721 | +13.6% |
| Amounts receivable within one year | 40/41 | €10,517 | €14,686 | +€4,169 | +39.6% |
| Trade receivables | 40 | €4,757 | - | -€4,757 | |
| Other amounts receivable | 41 | €5,760 | €14,686 | +€8,926 | +155% |
| Cash at bank and in hand | 54/58 | €240,280 | €266,644 | +€26,365 | +11.0% |
| Deferred charges and accrued income | 490/1 | €4,569 | €8,756 | +€4,188 | +91.7% |
| Total equity and liabilities | 10/49 | €260,841 | €292,367 | +€31,526 | +12.1% |
| Equity | 10/15 | €238,339 | €262,519 | +€24,180 | +10.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €223,250 | €248,250 | +€25,000 | +11.2% |
| Distributable reserves | 133 | €223,250 | €248,250 | +€25,000 | +11.2% |
| Profit (loss) carried forward | 14 | €2,689 | €1,869 | -€820 | -30.5% |
| Amounts payable | 17/49 | €22,501 | €29,848 | +€7,346 | +32.6% |
| Amounts payable within one year | 42/48 | €22,349 | €29,746 | +€7,396 | +33.1% |
| Financial debts | 43 | €196 | €202 | +€6 | +2.9% |
| Credit institutions | 430/8 | €196 | €202 | +€6 | +2.9% |
| Trade debts | 44 | €12,294 | €24,572 | +€12,278 | +99.9% |
| Suppliers | 440/4 | €12,294 | €24,572 | +€12,278 | +99.9% |
| Taxes, remuneration and social security | 45 | €6,262 | - | -€6,262 | |
| Taxes | 450/3 | €6,262 | - | -€6,262 | |
| Other amounts payable | 47/48 | €3,597 | €4,971 | +€1,375 | +38.2% |
| Accrued charges and deferred income | 492/3 | €152 | €102 | -€50 | -32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,012 | €3,195 | -€1,817 | -36.3% |
| Other operating charges | 640/8 | €1,964 | €3,251 | +€1,286 | +65.5% |
| Gross operating margin | 9900 | €82,446 | €44,950 | -€37,496 | -45.5% |
| Operating profit (loss) | 9901 | €75,470 | €38,504 | -€36,966 | -49.0% |
| Financial income | 75/76B | €1,476 | €1,551 | +€75 | +5.1% |
| Recurring financial income | 75 | €1,476 | €1,551 | +€75 | +5.1% |
| Financial charges | 65/66B | €463 | €685 | +€222 | +47.9% |
| Recurring financial charges | 65 | €463 | €685 | +€222 | +47.9% |
| Profit (loss) for the period before taxes | 9903 | €76,483 | €39,370 | -€37,113 | -48.5% |
| Income taxes | 67/77 | €26,553 | €14,357 | -€12,196 | -45.9% |
| Profit (loss) for the period | 9904 | €49,930 | €25,013 | -€24,917 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,930 | €25,013 | -€24,917 | -49.9% |
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 4 November 2026 via checked.be.