HOLANTO: 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.
HOLANTO
Largest movements
- Stocks and contracts +€63,160
up €63,160 (+26.2%), from €241,454 to €304,614
- Receivables within one year -€47,675
down €47,675 (-87.0%), from €54,805 to €7,130
of which Other amounts receivable: -€49,675
- Short-term financial debts -€132,000
down €132,000 (-67.0%), from €197,000 to €65,000
- Other debts +€83,858
new in 2025: €83,858
- Reserves +€52,000
new in 2025: €52,000
- Tax, wage and social debts +€7,038
up €7,038 (+182.5%), from €3,856 to €10,894
- Profit (loss) carried forward +€4,455
up €4,455, from -€3,782 to €673
- Gross operating margin +€85,176
up €85,176 (+485.9%), from €17,529 to €102,704
- Taxes +€25,187
up €25,187 (+1755.2%), from €1,435 to €26,622
- Other operating charges +€10,520
up €10,520 (+537.6%), from €1,957 to €12,476
- Financial charges -€3,305
down €3,305 (-31.6%), from €10,457 to €7,151
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 | €298,989 | €315,985 | +€16,996 | +5.7% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €298,989 | €315,985 | +€16,996 | +5.7% |
| Stocks and contracts in progress | 3 | €241,454 | €304,614 | +€63,160 | +26.2% |
| Stocks | 30/36 | €241,454 | €304,614 | +€63,160 | +26.2% |
| Amounts receivable within one year | 40/41 | €54,805 | €7,130 | -€47,675 | -87.0% |
| Trade receivables | 40 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 41 | €54,805 | €5,130 | -€49,675 | -90.6% |
| Cash at bank and in hand | 54/58 | €2,449 | €3,944 | +€1,496 | +61.1% |
| Deferred charges and accrued income | 490/1 | €281 | €297 | +€16 | +5.6% |
| Total equity and liabilities | 10/49 | €298,989 | €315,985 | +€16,996 | +5.7% |
| Equity | 10/15 | €96,218 | €152,673 | +€56,455 | +58.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | - | €52,000 | +€52,000 | |
| Distributable reserves | 133 | - | €52,000 | +€52,000 | |
| Profit (loss) carried forward | 14 | -€3,782 | €673 | +€4,455 | |
| Amounts payable | 17/49 | €202,771 | €163,313 | -€39,459 | -19.5% |
| Amounts payable within one year | 42/48 | €202,771 | €162,077 | -€40,695 | -20.1% |
| Financial debts | 43 | €197,000 | €65,000 | -€132,000 | -67.0% |
| Credit institutions | 430/8 | €197,000 | €65,000 | -€132,000 | -67.0% |
| Trade debts | 44 | €1,916 | €2,326 | +€410 | +21.4% |
| Suppliers | 440/4 | €1,916 | €2,326 | +€410 | +21.4% |
| Taxes, remuneration and social security | 45 | €3,856 | €10,894 | +€7,038 | +182.5% |
| Taxes | 450/3 | €3,856 | €10,894 | +€7,038 | +182.5% |
| Other amounts payable | 47/48 | - | €83,858 | +€83,858 | |
| Accrued charges and deferred income | 492/3 | - | €1,236 | +€1,236 | |
| Other operating charges | 640/8 | €1,957 | €12,476 | +€10,520 | +537.6% |
| Gross operating margin | 9900 | €17,529 | €102,704 | +€85,176 | +485.9% |
| Operating profit (loss) | 9901 | €15,572 | €90,228 | +€74,656 | +479.4% |
| Financial charges | 65/66B | €10,457 | €7,151 | -€3,305 | -31.6% |
| Recurring financial charges | 65 | €10,457 | €7,151 | -€3,305 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €5,116 | €83,077 | +€77,961 | +1524.0% |
| Income taxes | 67/77 | €1,435 | €26,622 | +€25,187 | +1755.2% |
| Profit (loss) for the period | 9904 | €3,681 | €56,455 | +€52,774 | +1433.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,681 | €56,455 | +€52,774 | +1433.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.