Holding Space: 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.
Holding Space
Largest movements
- Cash -€19,827
down €19,827 (-68.4%), from €28,972 to €9,145
mainly Net result for the year (-€22,863) and Tax, wage and social debts (-€3,789)
- Deferred charges and accrued income +€1,180
up €1,180 (+1863.9%), from €63 to €1,244
- Tangible fixed assets -€754
down €754 (-10.9%), from €6,920 to €6,165
of which Other tangible fixed assets: -€695
- Profit (loss) carried forward -€22,863
new in 2025: -€22,863
- Other debts +€5,696
up €5,696 (+47.9%), from €11,892 to €17,588
- Tax, wage and social debts -€3,789
down €3,789 (-91.9%), from €4,121 to €333
- Trade debts +€1,439
up €1,439 (+64.2%), from €2,243 to €3,682
- Gross operating margin -€39,518
down €39,518, from €20,123 to -€19,395
- Taxes -€3,820
down €3,820 (-97.3%), from €3,925 to €105
- Depreciation -€3,679
down €3,679 (-71.4%), from €5,154 to €1,474
- Financial charges +€965
up €965 (+1137.1%), from €85 to €1,050
- Other operating charges -€295
down €295 (-26.0%), from €1,133 to €838
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 | €38,501 | €19,330 | -€19,172 | -49.8% |
| Fixed assets | 21/28 | €6,920 | €6,165 | -€754 | -10.9% |
| Tangible fixed assets | 22/27 | €6,920 | €6,165 | -€754 | -10.9% |
| Furniture and vehicles | 24 | €1,076 | €1,017 | -€60 | -5.5% |
| Other tangible fixed assets | 26 | €5,843 | €5,149 | -€695 | -11.9% |
| Current assets | 29/58 | €31,582 | €13,164 | -€18,418 | -58.3% |
| Amounts receivable within one year | 40/41 | €2,546 | €2,775 | +€229 | +9.0% |
| Trade receivables | 40 | €1,716 | €2,302 | +€585 | +34.1% |
| Other amounts receivable | 41 | €830 | €474 | -€356 | -42.9% |
| Cash at bank and in hand | 54/58 | €28,972 | €9,145 | -€19,827 | -68.4% |
| Deferred charges and accrued income | 490/1 | €63 | €1,244 | +€1,180 | +1863.9% |
| Total equity and liabilities | 10/49 | €38,501 | €19,330 | -€19,172 | -49.8% |
| Equity | 10/15 | €19,002 | -€3,860 | -€22,863 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €9,002 | €9,002 | = | 0.0% |
| Distributable reserves | 133 | €9,002 | €9,002 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€22,863 | -€22,863 | |
| Amounts payable | 17/49 | €19,499 | €23,190 | +€3,691 | +18.9% |
| Amounts payable within one year | 42/48 | €18,255 | €21,602 | +€3,347 | +18.3% |
| Trade debts | 44 | €2,243 | €3,682 | +€1,439 | +64.2% |
| Suppliers | 440/4 | €2,243 | €3,682 | +€1,439 | +64.2% |
| Taxes, remuneration and social security | 45 | €4,121 | €333 | -€3,789 | -91.9% |
| Taxes | 450/3 | €4,121 | €333 | -€3,789 | -91.9% |
| Other amounts payable | 47/48 | €11,892 | €17,588 | +€5,696 | +47.9% |
| Accrued charges and deferred income | 492/3 | €1,244 | €1,588 | +€344 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,154 | €1,474 | -€3,679 | -71.4% |
| Other operating charges | 640/8 | €1,133 | €838 | -€295 | -26.0% |
| Gross operating margin | 9900 | €20,123 | -€19,395 | -€39,518 | |
| Operating profit (loss) | 9901 | €13,837 | -€21,708 | -€35,544 | |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €85 | €1,050 | +€965 | +1137.1% |
| Recurring financial charges | 65 | €85 | €1,050 | +€965 | +1137.1% |
| Profit (loss) for the period before taxes | 9903 | €13,761 | -€22,758 | -€36,518 | |
| Income taxes | 67/77 | €3,925 | €105 | -€3,820 | -97.3% |
| Profit (loss) for the period | 9904 | €9,835 | -€22,863 | -€32,698 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,835 | -€22,863 | -€32,698 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.