HMK-HOLTRANS: 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.
HMK-HOLTRANS
Largest movements
- Receivables within one year +€1,417
up €1,417 (+2.5%), from €56,673 to €58,090
- Other debts +€1,033
up €1,033 (+7.1%), from €14,631 to €15,664
- Financial charges -€10,402
down €10,402 (-96.2%), from €10,813 to €411
- Financial income -€10,120
down €10,120 (-87.7%), from €11,537 to €1,417
- Gross operating margin +€317
no longer reported in 2025 (was -€317)
- Other operating charges +€76
up €76 (+13.6%), from €557 to €633
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 | €58,290 | €59,823 | +€1,533 | +2.6% |
| Fixed assets | 21/28 | €1,610 | €1,610 | = | 0.0% |
| Financial fixed assets | 28 | €1,610 | €1,610 | = | 0.0% |
| Current assets | 29/58 | €56,680 | €58,213 | +€1,533 | +2.7% |
| Amounts receivable within one year | 40/41 | €56,673 | €58,090 | +€1,417 | +2.5% |
| Other amounts receivable | 41 | €56,673 | €58,090 | +€1,417 | +2.5% |
| Cash at bank and in hand | 54/58 | €7 | €123 | +€116 | +1690.8% |
| Total equity and liabilities | 10/49 | €58,290 | €59,823 | +€1,533 | +2.6% |
| Equity | 10/15 | €43,542 | €43,915 | +€373 | +0.9% |
| 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 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,155 | -€23,782 | +€373 | +1.5% |
| Amounts payable | 17/49 | €14,748 | €15,908 | +€1,160 | +7.9% |
| Amounts payable within one year | 42/48 | €14,748 | €15,908 | +€1,160 | +7.9% |
| Trade debts | 44 | €117 | €244 | +€127 | +108.9% |
| Suppliers | 440/4 | €117 | €244 | +€127 | +108.9% |
| Other amounts payable | 47/48 | €14,631 | €15,664 | +€1,033 | +7.1% |
| Other operating charges | 640/8 | €557 | €633 | +€76 | +13.6% |
| Gross operating margin | 9900 | -€317 | - | +€317 | |
| Operating profit (loss) | 9901 | -€874 | -€633 | +€241 | +27.6% |
| Financial income | 75/76B | €11,537 | €1,417 | -€10,120 | -87.7% |
| Recurring financial income | 75 | €11,537 | €1,417 | -€10,120 | -87.7% |
| Financial charges | 65/66B | €10,813 | €411 | -€10,402 | -96.2% |
| Recurring financial charges | 65 | €10,813 | €411 | -€10,402 | -96.2% |
| Profit (loss) for the period before taxes | 9903 | -€150 | €373 | +€523 | |
| Profit (loss) for the period | 9904 | -€150 | €373 | +€523 | |
| Profit (loss) for the period to be appropriated | 9905 | -€150 | €373 | +€523 |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.