HOLA PAELLA: 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 PAELLA
Largest movements
- Receivables within one year +€46,235
up €46,235 (+219%), from €21,126 to €67,360
of which Trade receivables: +€42,798
- Cash -€26,290
down €26,290 (-68.3%), from €38,472 to €12,182
mainly Receivables within one year (-€46,235) and Tax, wage and social debts (-€15,538)
- Trade debts +€39,451
up €39,451 (+1,748%), from €2,257 to €41,709
- Tax, wage and social debts -€15,538
down €15,538 (-98.1%), from €15,839 to €301
of which Taxes: -€10,138
- Profit (loss) carried forward -€5,812
down €5,812 (-21.4%), from €27,165 to €21,352
- Other debts +€1,821
new in 2025: €1,821
- Gross operating margin +€59,844
up €59,844, from -€57,160 to €2,684
- Other operating charges +€4,598
up €4,598 (+5,408%), from €85 to €4,683
- Financial charges +€1,767
up €1,767 (+1,082%), from €163 to €1,930
- Taxes +€664
up €664 (+151%), from €440 to €1,103
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 | €60,261 | €80,184 | +€19,923 | +33.1% |
| Fixed assets | 21/28 | €664 | €295 | -€368 | -55.5% |
| Tangible fixed assets | 22/27 | €664 | €295 | -€368 | -55.5% |
| Plant, machinery and equipment | 23 | €414 | - | -€414 | |
| Furniture and vehicles | 24 | €250 | €295 | +€45 | +18.1% |
| Current assets | 29/58 | €59,598 | €79,888 | +€20,291 | +34.0% |
| Amounts receivable within one year | 40/41 | €21,126 | €67,360 | +€46,235 | +219% |
| Trade receivables | 40 | €21,126 | €63,923 | +€42,798 | +203% |
| Other amounts receivable | 41 | - | €3,437 | +€3,437 | |
| Cash at bank and in hand | 54/58 | €38,472 | €12,182 | -€26,290 | -68.3% |
| Deferred charges and accrued income | 490/1 | - | €346 | +€346 | |
| Total equity and liabilities | 10/49 | €60,261 | €80,184 | +€19,923 | +33.1% |
| Equity | 10/15 | €42,165 | €36,352 | -€5,812 | -13.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,165 | €21,352 | -€5,812 | -21.4% |
| Amounts payable | 17/49 | €18,096 | €43,832 | +€25,735 | +142% |
| Amounts payable within one year | 42/48 | €18,096 | €43,832 | +€25,735 | +142% |
| Trade debts | 44 | €2,257 | €41,709 | +€39,451 | +1,748% |
| Suppliers | 440/4 | €2,257 | €41,709 | +€39,451 | +1,748% |
| Taxes, remuneration and social security | 45 | €15,839 | €301 | -€15,538 | -98.1% |
| Taxes | 450/3 | €10,439 | €301 | -€10,138 | -97.1% |
| Remuneration and social security | 454/9 | €5,400 | - | -€5,400 | |
| Other amounts payable | 47/48 | - | €1,821 | +€1,821 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €664 | €802 | +€139 | +20.9% |
| Other operating charges | 640/8 | €85 | €4,683 | +€4,598 | +5,408% |
| Gross operating margin | 9900 | -€57,160 | €2,684 | +€59,844 | |
| Operating profit (loss) | 9901 | -€57,909 | -€2,801 | +€55,108 | +95.2% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €163 | €1,930 | +€1,767 | +1,082% |
| Recurring financial charges | 65 | €163 | €1,930 | +€1,767 | +1,082% |
| Profit (loss) for the period before taxes | 9903 | -€58,072 | -€4,709 | +€53,363 | +91.9% |
| Income taxes | 67/77 | €440 | €1,103 | +€664 | +151% |
| Profit (loss) for the period | 9904 | -€58,511 | -€5,812 | +€52,699 | +90.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,511 | -€5,812 | +€52,699 | +90.1% |
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 21 October 2026 via checked.be.