Het Hol: what changed
Two financial 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.
Het Hol
Largest movements
- Receivables within one year -€24,939
down €24,939 (-100.0%), from €24,943 to €4
of which Trade receivables: -€24,943
- Tangible fixed assets -€14,853
down €14,853 (-11.3%), from €131,347 to €116,493
- Cash +€5,038
up €5,038 (+16.4%), from €30,682 to €35,720
mainly Receivables within one year (+€24,939) and Depreciation (+€14,853)
- Trade debts -€23,290
down €23,290 (-83.4%), from €27,919 to €4,630
- Debts after one year -€10,961
down €10,961 (-16.7%), from €65,812 to €54,851
- Other debts -€6,799
down €6,799 (-5.2%), from €130,550 to €123,750
- Profit (loss) carried forward +€4,651
up €4,651 (+8.5%), from -€54,835 to -€50,184
- Gross operating margin -€13,177
down €13,177 (-34.6%), from €38,082 to €24,905
- Other operating charges +€759
up €759 (+67.6%), from €1,122 to €1,881
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.
Derived cash bridge
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 | €186,972 | €152,217 | -€34,755 | -18.6% |
| Fixed assets | 21/28 | €131,347 | €116,493 | -€14,853 | -11.3% |
| Tangible fixed assets | 22/27 | €131,347 | €116,493 | -€14,853 | -11.3% |
| Land and buildings | 22 | €131,347 | €116,493 | -€14,853 | -11.3% |
| Current assets | 29/58 | €55,625 | €35,724 | -€19,901 | -35.8% |
| Amounts receivable within one year | 40/41 | €24,943 | €4 | -€24,939 | -100.0% |
| Trade receivables | 40 | €24,943 | €0 | -€24,943 | -100% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €30,682 | €35,720 | +€5,038 | +16.4% |
| Total equity and liabilities | 10/49 | €186,972 | €152,217 | -€34,755 | -18.6% |
| Equity | 10/15 | -€48,635 | -€43,984 | +€4,651 | +9.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,835 | -€50,184 | +€4,651 | +8.5% |
| Amounts payable | 17/49 | €235,606 | €196,201 | -€39,406 | -16.7% |
| Amounts payable after more than one year | 17 | €65,812 | €54,851 | -€10,961 | -16.7% |
| Financial debts | 170/4 | €65,812 | €54,851 | -€10,961 | -16.7% |
| Amounts payable within one year | 42/48 | €169,794 | €141,350 | -€28,444 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €11,325 | €11,853 | +€527 | +4.7% |
| Trade debts | 44 | €27,919 | €4,630 | -€23,290 | -83.4% |
| Suppliers | 440/4 | €27,919 | €4,630 | -€23,290 | -83.4% |
| Taxes, remuneration and social security | 45 | - | €1,117 | +€1,117 | |
| Taxes | 450/3 | - | €1,117 | +€1,117 | |
| Other amounts payable | 47/48 | €130,550 | €123,750 | -€6,799 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,853 | €14,853 | = | 0.0% |
| Other operating charges | 640/8 | €1,122 | €1,881 | +€759 | +67.6% |
| Gross operating margin | 9900 | €38,082 | €24,905 | -€13,177 | -34.6% |
| Operating profit (loss) | 9901 | €22,107 | €8,171 | -€13,936 | -63.0% |
| Financial income | 75/76B | €15 | €12 | -€2 | -16.9% |
| Recurring financial income | 75 | €15 | €12 | -€2 | -16.9% |
| Financial charges | 65/66B | €3,817 | €3,532 | -€286 | -7.5% |
| Recurring financial charges | 65 | €3,817 | €3,532 | -€286 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €18,304 | €4,651 | -€13,653 | -74.6% |
| Income taxes | 67/77 | €1 | €0 | -€1 | -100% |
| Profit (loss) for the period | 9904 | €18,303 | €4,651 | -€13,652 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,303 | €4,651 | -€13,652 | -74.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.