HOLA: 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.
HOLA
Largest movements
- Tangible fixed assets -€7,903
down €7,903 (-53.8%), from €14,694 to €6,791
of which Other tangible fixed assets: -€5,392
- Receivables within one year -€6,156
down €6,156 (-26.4%), from €23,314 to €17,158
of which Trade receivables: -€11,396
- Tax, wage and social debts -€7,126
down €7,126 (-68.9%), from €10,338 to €3,212
- Trade debts -€5,801
down €5,801 (-23.3%), from €24,948 to €19,147
- Gross operating margin -€23,961
down €23,961 (-67.9%), from €35,300 to €11,339
- Taxes -€7,124
down €7,124 (-90.0%), from €7,914 to €790
- Financial charges +€862
up €862 (+163.4%), from €528 to €1,390
- Depreciation +€750
up €750 (+10.5%), from €7,153 to €7,903
- Other operating charges +€688
up €688 (+51.0%), from €1,348 to €2,035
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,496 | €69,793 | -€13,703 | -16.4% |
| Fixed assets | 21/28 | €14,694 | €6,791 | -€7,903 | -53.8% |
| Tangible fixed assets | 22/27 | €14,694 | €6,791 | -€7,903 | -53.8% |
| Plant, machinery and equipment | 23 | €6,141 | €3,769 | -€2,372 | -38.6% |
| Furniture and vehicles | 24 | €174 | €35 | -€139 | -80.0% |
| Other tangible fixed assets | 26 | €8,380 | €2,988 | -€5,392 | -64.3% |
| Current assets | 29/58 | €68,802 | €63,002 | -€5,800 | -8.4% |
| Amounts receivable within one year | 40/41 | €23,314 | €17,158 | -€6,156 | -26.4% |
| Trade receivables | 40 | €22,085 | €10,689 | -€11,396 | -51.6% |
| Other amounts receivable | 41 | €1,229 | €6,469 | +€5,240 | +426.3% |
| Cash at bank and in hand | 54/58 | €44,139 | €44,347 | +€207 | +0.5% |
| Deferred charges and accrued income | 490/1 | €1,348 | €1,496 | +€148 | +11.0% |
| Total equity and liabilities | 10/49 | €83,496 | €69,793 | -€13,703 | -16.4% |
| Equity | 10/15 | €45,910 | €45,135 | -€776 | -1.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,510 | €32,735 | -€776 | -2.3% |
| Distributable reserves | 133 | €33,510 | €32,735 | -€776 | -2.3% |
| Amounts payable | 17/49 | €37,586 | €24,658 | -€12,928 | -34.4% |
| Amounts payable within one year | 42/48 | €37,586 | €24,658 | -€12,928 | -34.4% |
| Trade debts | 44 | €24,948 | €19,147 | -€5,801 | -23.3% |
| Suppliers | 440/4 | €24,948 | €19,147 | -€5,801 | -23.3% |
| Advances received on contracts in progress | 46 | €2,300 | €2,300 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €10,338 | €3,212 | -€7,126 | -68.9% |
| Taxes | 450/3 | €10,338 | €3,212 | -€7,126 | -68.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,153 | €7,903 | +€750 | +10.5% |
| Other operating charges | 640/8 | €1,348 | €2,035 | +€688 | +51.0% |
| Gross operating margin | 9900 | €35,300 | €11,339 | -€23,961 | -67.9% |
| Operating profit (loss) | 9901 | €26,799 | €1,401 | -€25,398 | -94.8% |
| Financial income | 75/76B | €80 | €3 | -€77 | -96.4% |
| Recurring financial income | 75 | €80 | €3 | -€77 | -96.4% |
| Financial charges | 65/66B | €528 | €1,390 | +€862 | +163.4% |
| Recurring financial charges | 65 | €528 | €1,390 | +€862 | +163.4% |
| Profit (loss) for the period before taxes | 9903 | €26,351 | €14 | -€26,337 | -99.9% |
| Income taxes | 67/77 | €7,914 | €790 | -€7,124 | -90.0% |
| Profit (loss) for the period | 9904 | €18,438 | -€776 | -€19,213 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,438 | -€776 | -€19,213 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.