Holderbeke Groep: 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.
Holderbeke Groep
Largest movements
- Receivables within one year +€436,735
up €436,735 (+1,061%), from €41,165 to €477,900
of which Other amounts receivable: +€452,291
- Cash +€32,184
up €32,184 (+4,987%), from €645 to €32,830
mainly Trade debts (+€459,108) and Tax, wage and social debts (+€16,112)
- Trade debts +€459,108
up €459,108 (+21,576%), from €2,128 to €461,236
- Tax, wage and social debts +€16,112
up €16,112 (+197%), from €8,196 to €24,308
of which Taxes: +€18,412
- Other debts -€11,591
down €11,591 (-100%), from €11,591 to €0
- Gross operating margin +€65,480
up €65,480 (+69.6%), from €94,131 to €159,611
- Staff costs +€61,747
up €61,747 (+67.6%), from €91,385 to €153,132
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 | €43,457 | €511,545 | +€468,088 | +1,077% |
| Formation expenses | 20 | €1,067 | €815 | -€252 | -23.6% |
| Current assets | 29/58 | €42,390 | €510,730 | +€468,340 | +1,105% |
| Amounts receivable within one year | 40/41 | €41,165 | €477,900 | +€436,735 | +1,061% |
| Trade receivables | 40 | €39,691 | €24,135 | -€15,556 | -39.2% |
| Other amounts receivable | 41 | €1,474 | €453,765 | +€452,291 | +30,685% |
| Cash at bank and in hand | 54/58 | €645 | €32,830 | +€32,184 | +4,987% |
| Deferred charges and accrued income | 490/1 | €580 | €0 | -€580 | -100% |
| Total equity and liabilities | 10/49 | €43,457 | €511,545 | +€468,088 | +1,077% |
| Equity | 10/15 | €21,543 | €26,001 | +€4,458 | +20.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,543 | €6,001 | +€4,458 | +289% |
| Amounts payable | 17/49 | €21,915 | €485,544 | +€463,629 | +2,116% |
| Amounts payable within one year | 42/48 | €21,915 | €485,544 | +€463,629 | +2,116% |
| Trade debts | 44 | €2,128 | €461,236 | +€459,108 | +21,576% |
| Suppliers | 440/4 | €2,128 | €461,236 | +€459,108 | +21,576% |
| Taxes, remuneration and social security | 45 | €8,196 | €24,308 | +€16,112 | +197% |
| Taxes | 450/3 | €574 | €18,986 | +€18,412 | +3,209% |
| Remuneration and social security | 454/9 | €7,622 | €5,322 | -€2,301 | -30.2% |
| Other amounts payable | 47/48 | €11,591 | €0 | -€11,591 | -100% |
| Remuneration, social security and pensions | 62 | €91,385 | €153,132 | +€61,747 | +67.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194 | €252 | +€59 | +30.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €94,131 | €159,611 | +€65,480 | +69.6% |
| Operating profit (loss) | 9901 | €2,165 | €5,827 | +€3,662 | +169% |
| Financial charges | 65/66B | €232 | €194 | -€38 | -16.5% |
| Recurring financial charges | 65 | €232 | €194 | -€38 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €1,933 | €5,633 | +€3,700 | +191% |
| Income taxes | 67/77 | €390 | €1,175 | +€785 | +201% |
| Profit (loss) for the period | 9904 | €1,543 | €4,458 | +€2,916 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €1,543 | €4,458 | +€2,916 | +189% |
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 23 October 2026 via checked.be.