Holemans-Gérard: what changed
Holemans-Gérard
Largest movements
- Cash +€15,741
up €15,741 (+1,211%), from €1,300 to €17,042
mainly Depreciation (+€14,343) and Other debts (+€12,597)
- Tangible fixed assets -€14,343
down €14,343 (-22.6%), from €63,377 to €49,034
of which Furniture and vehicles: -€11,980
- Receivables within one year +€3,240
up €3,240 (+23.0%), from €14,060 to €17,300
of which Trade receivables: +€5,064
- Other debts +€12,597
up €12,597 (+12.6%), from €99,778 to €112,375
- Profit (loss) carried forward -€9,621
down €9,621 (-21.8%), from -€44,119 to -€53,741
- Trade debts +€1,664
up €1,664 (+43.0%), from €3,866 to €5,530
- Gross operating margin +€13,609
up €13,609, from -€6,068 to €7,541
- Other operating charges +€1,605
up €1,605 (+141%), from €1,140 to €2,745
- Depreciation +€1,241
up €1,241 (+9.5%), from €13,102 to €14,343
- Taxes -€1,086
no longer reported in 2025 (was €1,086)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,737 | €83,376 | +€4,639 | +5.9% |
| Fixed assets | 21/28 | €63,377 | €49,034 | -€14,343 | -22.6% |
| Tangible fixed assets | 22/27 | €63,377 | €49,034 | -€14,343 | -22.6% |
| Land and buildings | 22 | €9,676 | €8,085 | -€1,591 | -16.4% |
| Plant, machinery and equipment | 23 | €1,902 | €1,424 | -€479 | -25.2% |
| Furniture and vehicles | 24 | €49,064 | €37,084 | -€11,980 | -24.4% |
| Other tangible fixed assets | 26 | €2,734 | €2,441 | -€293 | -10.7% |
| Current assets | 29/58 | €15,361 | €34,342 | +€18,982 | +124% |
| Amounts receivable within one year | 40/41 | €14,060 | €17,300 | +€3,240 | +23.0% |
| Trade receivables | 40 | €3,252 | €8,316 | +€5,064 | +156% |
| Other amounts receivable | 41 | €10,808 | €8,984 | -€1,824 | -16.9% |
| Cash at bank and in hand | 54/58 | €1,300 | €17,042 | +€15,741 | +1,211% |
| Total equity and liabilities | 10/49 | €78,737 | €83,376 | +€4,639 | +5.9% |
| Equity | 10/15 | -€24,907 | -€34,529 | -€9,621 | -38.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,119 | -€53,741 | -€9,621 | -21.8% |
| Amounts payable | 17/49 | €103,645 | €117,905 | +€14,261 | +13.8% |
| Amounts payable within one year | 42/48 | €103,645 | €117,905 | +€14,261 | +13.8% |
| Trade debts | 44 | €3,866 | €5,530 | +€1,664 | +43.0% |
| Suppliers | 440/4 | €3,866 | €5,530 | +€1,664 | +43.0% |
| Other amounts payable | 47/48 | €99,778 | €112,375 | +€12,597 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,102 | €14,343 | +€1,241 | +9.5% |
| Other operating charges | 640/8 | €1,140 | €2,745 | +€1,605 | +141% |
| Gross operating margin | 9900 | -€6,068 | €7,541 | +€13,609 | |
| Operating profit (loss) | 9901 | -€20,309 | -€9,547 | +€10,762 | +53.0% |
| Financial charges | 65/66B | €59 | €75 | +€16 | +27.7% |
| Recurring financial charges | 65 | €59 | €75 | +€16 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,368 | -€9,621 | +€10,746 | +52.8% |
| Income taxes | 67/77 | €1,086 | - | -€1,086 | |
| Profit (loss) for the period | 9904 | -€21,453 | -€9,621 | +€11,832 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,453 | -€9,621 | +€11,832 | +55.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.