HOLDIMIJ: 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.
HOLDIMIJ
Largest movements
- Receivables within one year +€305,654
up €305,654 (+157%), from €194,146 to €499,799
- Cash -€247,148
down €247,148 (-52.9%), from €467,507 to €220,359
mainly Receivables within one year (-€305,654) and Tax, wage and social debts (-€580)
- Other debts +€23,199
up €23,199 (+1.5%), from €1.5m to €1.6m
- Financial income -€5,232
down €5,232 (-92.5%), from €5,655 to €423
- Gross operating margin +€4,481
up €4,481 (+6.2%), from €72,707 to €77,189
- Depreciation -€2,752
down €2,752 (-13.7%), from €20,035 to €17,283
- Other operating charges +€1,593
up €1,593 (+16.3%), from €9,801 to €11,394
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 | €1,917,600 | €1,958,822 | +€41,222 | +2.1% |
| Fixed assets | 21/28 | €1,231,747 | €1,214,463 | -€17,283 | -1.4% |
| Tangible fixed assets | 22/27 | €1,231,747 | €1,214,463 | -€17,283 | -1.4% |
| Land and buildings | 22 | €1,231,747 | €1,214,463 | -€17,283 | -1.4% |
| Current assets | 29/58 | €685,853 | €744,359 | +€58,506 | +8.5% |
| Stocks and contracts in progress | 3 | €24,200 | €24,200 | = | 0.0% |
| Stocks | 30/36 | €24,200 | €24,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €194,146 | €499,799 | +€305,654 | +157% |
| Other amounts receivable | 41 | €194,146 | €499,799 | +€305,654 | +157% |
| Cash at bank and in hand | 54/58 | €467,507 | €220,359 | -€247,148 | -52.9% |
| Total equity and liabilities | 10/49 | €1,917,600 | €1,958,822 | +€41,222 | +2.1% |
| Equity | 10/15 | €353,327 | €371,930 | +€18,604 | +5.3% |
| Contributions | 10/11 | €173,525 | €173,525 | = | 0.0% |
| Reserves | 13 | €179,353 | €197,953 | +€18,600 | +10.4% |
| Non-distributable reserves | 130/1 | €17,353 | €17,353 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,353 | €17,353 | = | 0.0% |
| Distributable reserves | 133 | €162,000 | €180,600 | +€18,600 | +11.5% |
| Profit (loss) carried forward | 14 | €449 | €452 | +€4 | +0.8% |
| Amounts payable | 17/49 | €1,564,273 | €1,586,891 | +€22,619 | +1.4% |
| Amounts payable within one year | 42/48 | €1,560,623 | €1,583,241 | +€22,619 | +1.4% |
| Taxes, remuneration and social security | 45 | €14,056 | €13,476 | -€580 | -4.1% |
| Taxes | 450/3 | €14,056 | €13,476 | -€580 | -4.1% |
| Other amounts payable | 47/48 | €1,546,567 | €1,569,765 | +€23,199 | +1.5% |
| Accrued charges and deferred income | 492/3 | €3,650 | €3,650 | = | 0.0% |
| Non-recurring operating income | 76A | - | €5,587 | +€5,587 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,035 | €17,283 | -€2,752 | -13.7% |
| Other operating charges | 640/8 | €9,801 | €11,394 | +€1,593 | +16.3% |
| Gross operating margin | 9900 | €72,707 | €77,189 | +€4,481 | +6.2% |
| Operating profit (loss) | 9901 | €42,871 | €48,511 | +€5,640 | +13.2% |
| Financial income | 75/76B | €5,655 | €423 | -€5,232 | -92.5% |
| Recurring financial income | 75 | €5,655 | €423 | -€5,232 | -92.5% |
| Financial charges | 65/66B | €22,914 | €23,570 | +€655 | +2.9% |
| Recurring financial charges | 65 | €22,914 | €23,261 | +€346 | +1.5% |
| Non-recurring financial charges | 66B | - | €309 | +€309 | |
| Profit (loss) for the period before taxes | 9903 | €25,612 | €25,364 | -€247 | -1.0% |
| Income taxes | 67/77 | €6,968 | €6,761 | -€207 | -3.0% |
| Profit (loss) for the period | 9904 | €18,644 | €18,604 | -€40 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,644 | €18,604 | -€40 | -0.2% |
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 16 October 2026 via checked.be.