HOLDIMA: 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.
HOLDIMA
Largest movements
- Current investments +€38,613
up €38,613 (+17.6%), from €219,270 to €257,883
- Cash -€28,327
down €28,327 (-50.3%), from €56,348 to €28,021
mainly Current investments (-€38,613) and Contributions, distributions and other (-€25,982)
- Reserves +€22,767
up €22,767 (+10.0%), from €227,125 to €249,892
of which Distributable reserves: +€22,767
- Other debts -€7,392
down €7,392 (-32.3%), from €22,914 to €15,522
- Financial income +€11,199
up €11,199 (+315.8%), from €3,546 to €14,746
- Gross operating margin -€4,761
down €4,761 (-10.5%), from €45,339 to €40,578
- Taxes +€920
up €920 (+20.1%), from €4,570 to €5,490
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 | €691,068 | €703,791 | +€12,723 | +1.8% |
| Fixed assets | 21/28 | €415,449 | €414,850 | -€599 | -0.1% |
| Tangible fixed assets | 22/27 | €415,449 | €414,850 | -€599 | -0.1% |
| Land and buildings | 22 | €414,768 | €414,768 | = | 0.0% |
| Plant, machinery and equipment | 23 | €310 | €11 | -€299 | -96.3% |
| Furniture and vehicles | 24 | €370 | €71 | -€300 | -80.9% |
| Current assets | 29/58 | €275,619 | €288,941 | +€13,322 | +4.8% |
| Current investments | 50/53 | €219,270 | €257,883 | +€38,613 | +17.6% |
| Cash at bank and in hand | 54/58 | €56,348 | €28,021 | -€28,327 | -50.3% |
| Deferred charges and accrued income | 490/1 | - | €3,036 | +€3,036 | |
| Total equity and liabilities | 10/49 | €691,068 | €703,791 | +€12,723 | +1.8% |
| Equity | 10/15 | €659,480 | €682,247 | +€22,767 | +3.5% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €227,125 | €249,892 | +€22,767 | +10.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €227,125 | €249,892 | +€22,767 | +10.0% |
| Profit (loss) carried forward | 14 | €32,355 | €32,355 | = | 0.0% |
| Amounts payable | 17/49 | €31,588 | €21,545 | -€10,043 | -31.8% |
| Amounts payable within one year | 42/48 | €31,588 | €21,545 | -€10,043 | -31.8% |
| Trade debts | 44 | €144 | €3,657 | +€3,514 | +2448.0% |
| Suppliers | 440/4 | €144 | €3,657 | +€3,514 | +2448.0% |
| Taxes, remuneration and social security | 45 | €8,531 | €2,365 | -€6,166 | -72.3% |
| Taxes | 450/3 | €8,531 | €2,365 | -€6,166 | -72.3% |
| Other amounts payable | 47/48 | €22,914 | €15,522 | -€7,392 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €599 | €599 | = | 0.0% |
| Other operating charges | 640/8 | €446 | €449 | +€3 | +0.6% |
| Gross operating margin | 9900 | €45,339 | €40,578 | -€4,761 | -10.5% |
| Operating profit (loss) | 9901 | €44,294 | €39,530 | -€4,764 | -10.8% |
| Financial income | 75/76B | €3,546 | €14,746 | +€11,199 | +315.8% |
| Recurring financial income | 75 | €3,546 | €14,746 | +€11,199 | +315.8% |
| Financial charges | 65/66B | €33 | €38 | +€5 | +13.6% |
| Recurring financial charges | 65 | €33 | €38 | +€5 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €47,807 | €54,238 | +€6,431 | +13.5% |
| Income taxes | 67/77 | €4,570 | €5,490 | +€920 | +20.1% |
| Profit (loss) for the period | 9904 | €43,238 | €48,748 | +€5,510 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,238 | €48,748 | +€5,510 | +12.7% |
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 28 September 2026 via checked.be.