Hold Yure Ground: 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.
What changed
Hold Yure Ground
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7,633
2024 · -€2,006+€9,639
Equity
€9,988
2024 · €2,355+€7,633
Cash
€10,252
2024 · €4,071+€6,180
Balance sheet total
€9.9m
2024 · €5.5m+€4.5m
Largest movements
Assets
- Stocks and contracts +€4.5m
up €4.5m (+84.4%), from €5.3m to €9.8m
Equity and liabilities
- Short-term financial debts +€3.8m
up €3.8m (+85.9%), from €4.4m to €8.2m
- Debts after one year +€620,000
up €620,000 (+59.9%), from €1.0m to €1.7m
Income statement
- Gross operating margin +€6,814
up €6,814 (+107%), from €6,387 to €13,201
- Financial charges -€2,778
down €2,778 (-38.3%), from €7,250 to €4,472
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.
Result 2024
-€2,006
Gross operating margin
+€6,814
Other operating charges
-€24
Financial income
+€72
Financial charges
+€2,778
Result 2025
€7,633
raises the resultlowers the result
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.
From operations
-€4.4m
Investment
€0
Financing
+€4.4m
Cash 2024
€4,071
From operations (derived)
-€4.4m
Net result for the year
+€7,633
Depreciation
+€354
Stocks and contracts
-€4.5m
Smaller working-capital items
-€5,675
Deferred charges and accrued income
+€31,697
Other debts
+€11,907
Accrued charges and deferred income
+€36,507
Financing
+€4.4m
Debts after one year
+€620,000
Short-term financial debts
+€3.8m
Cash 2025
€10,252
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,460,644 | €9,927,897 | +€4.5m | +81.8% |
| Formation expenses | 20 | €564 | €210 | -€354 | -62.8% |
| Current assets | 29/58 | €5,460,080 | €9,927,687 | +€4.5m | +81.8% |
| Stocks and contracts in progress | 3 | €5,313,296 | €9,800,168 | +€4.5m | +84.4% |
| Stocks | 30/36 | €5,313,296 | €9,800,168 | +€4.5m | +84.4% |
| Amounts receivable within one year | 40/41 | €105,000 | €111,252 | +€6,252 | +6.0% |
| Trade receivables | 40 | - | €1,065 | +€1,065 | |
| Other amounts receivable | 41 | €105,000 | €110,187 | +€5,187 | +4.9% |
| Cash at bank and in hand | 54/58 | €4,071 | €10,252 | +€6,180 | +152% |
| Deferred charges and accrued income | 490/1 | €37,713 | €6,016 | -€31,697 | -84.0% |
| Total equity and liabilities | 10/49 | €5,460,644 | €9,927,897 | +€4.5m | +81.8% |
| Equity | 10/15 | €2,355 | €9,988 | +€7,633 | +324% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,645 | -€12 | +€7,633 | +99.8% |
| Amounts payable | 17/49 | €5,458,289 | €9,917,909 | +€4.5m | +81.7% |
| Amounts payable after more than one year | 17 | €1,035,000 | €1,655,000 | +€620,000 | +59.9% |
| Financial debts | 170/4 | €1,035,000 | €1,655,000 | +€620,000 | +59.9% |
| Amounts payable within one year | 42/48 | €4,420,318 | €8,223,430 | +€3.8m | +86.0% |
| Financial debts | 43 | €4,415,175 | €8,205,804 | +€3.8m | +85.9% |
| Credit institutions | 430/8 | €4,415,175 | €8,205,804 | +€3.8m | +85.9% |
| Trade debts | 44 | €223 | €183 | -€40 | -17.9% |
| Suppliers | 440/4 | €223 | €183 | -€40 | -17.9% |
| Taxes, remuneration and social security | 45 | - | €617 | +€617 | |
| Taxes | 450/3 | - | €617 | +€617 | |
| Other amounts payable | 47/48 | €4,920 | €16,827 | +€11,907 | +242% |
| Accrued charges and deferred income | 492/3 | €2,971 | €39,479 | +€36,507 | +1,229% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €354 | €354 | = | 0.0% |
| Other operating charges | 640/8 | €789 | €813 | +€24 | +3.1% |
| Gross operating margin | 9900 | €6,387 | €13,201 | +€6,814 | +107% |
| Operating profit (loss) | 9901 | €5,244 | €12,033 | +€6,790 | +129% |
| Financial income | 75/76B | €0 | €72 | +€72 | +239,467% |
| Recurring financial income | 75 | €0 | €72 | +€72 | +239,467% |
| Financial charges | 65/66B | €7,250 | €4,472 | -€2,778 | -38.3% |
| Recurring financial charges | 65 | €7,250 | €4,472 | -€2,778 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,006 | €7,633 | +€9,639 | |
| Profit (loss) for the period | 9904 | -€2,006 | €7,633 | +€9,639 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,006 | €7,633 | +€9,639 |
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 26 October 2026 via checked.be.