Holabel: 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.
Holabel
Largest movements
- Cash -€16,820
down €16,820 (-32.4%), from €51,955 to €35,135
mainly Investment in fixed assets (net) (-€7,299) and Net result for the year (-€6,670)
- Tangible fixed assets +€6,390
up €6,390 (+1.3%), from €485,037 to €491,427
of which Plant, machinery and equipment: +€6,390
- Receivables within one year +€5,570
new in 2024: €5,570
- Profit (loss) carried forward -€6,670
down €6,670 (-4.1%), from -€163,332 to -€170,002
- Gross operating margin -€983
down €983 (-1133.2%), from -€87 to -€1,069
- Depreciation +€910
new in 2024: €910
- Other operating charges -€688
down €688 (-13.7%), from €5,029 to €4,341
- Financial charges +€36
up €36 (+11.4%), from €314 to €350
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 | €536,992 | €532,132 | -€4,860 | -0.9% |
| Fixed assets | 21/28 | €485,037 | €491,427 | +€6,390 | +1.3% |
| Tangible fixed assets | 22/27 | €485,037 | €491,427 | +€6,390 | +1.3% |
| Land and buildings | 22 | €479,726 | €479,726 | = | 0.0% |
| Plant, machinery and equipment | 23 | €5,311 | €11,700 | +€6,390 | +120.3% |
| Current assets | 29/58 | €51,955 | €40,705 | -€11,250 | -21.7% |
| Amounts receivable within one year | 40/41 | - | €5,570 | +€5,570 | |
| Trade receivables | 40 | - | €5,570 | +€5,570 | |
| Cash at bank and in hand | 54/58 | €51,955 | €35,135 | -€16,820 | -32.4% |
| Total equity and liabilities | 10/49 | €536,992 | €532,132 | -€4,860 | -0.9% |
| Equity | 10/15 | €508,518 | €501,848 | -€6,670 | -1.3% |
| Contributions | 10/11 | €671,791 | €671,791 | = | 0.0% |
| Capital | 10 | €671,791 | €671,791 | = | 0.0% |
| Issued capital | 100 | €671,791 | €671,791 | = | 0.0% |
| Reserves | 13 | €59 | €59 | = | 0.0% |
| Tax-exempt reserves | 132 | €59 | €59 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,332 | -€170,002 | -€6,670 | -4.1% |
| Amounts payable | 17/49 | €28,474 | €30,284 | +€1,810 | +6.4% |
| Amounts payable within one year | 42/48 | €27,972 | €29,656 | +€1,684 | +6.0% |
| Trade debts | 44 | €3,640 | €5,324 | +€1,684 | +46.3% |
| Suppliers | 440/4 | €3,640 | €5,324 | +€1,684 | +46.3% |
| Other amounts payable | 47/48 | €24,332 | €24,332 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €502 | €628 | +€126 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €910 | +€910 | |
| Other operating charges | 640/8 | €5,029 | €4,341 | -€688 | -13.7% |
| Gross operating margin | 9900 | -€87 | -€1,069 | -€983 | -1133.2% |
| Operating profit (loss) | 9901 | -€5,116 | -€6,320 | -€1,204 | -23.5% |
| Financial charges | 65/66B | €314 | €350 | +€36 | +11.4% |
| Recurring financial charges | 65 | €314 | €350 | +€36 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,430 | -€6,670 | -€1,240 | -22.8% |
| Profit (loss) for the period | 9904 | -€5,430 | -€6,670 | -€1,240 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,430 | -€6,670 | -€1,240 | -22.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.