HOLEMANS MARCEL: 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.
HOLEMANS MARCEL
Largest movements
- Cash -€19,175
down €19,175 (-22.4%), from €85,642 to €66,467
mainly Net result for the year (-€22,265) and Tax, wage and social debts (-€142)
- Profit (loss) carried forward -€22,265
down €22,265 (-13.6%), from €164,198 to €141,934
- Gross operating margin -€22,199
down €22,199 (-1,191%), from -€1,864 to -€24,063
- Financial income +€3,383
new in 2025: €3,383
- Taxes +€954
new in 2025: €954
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 | €293,338 | €273,269 | -€20,069 | -6.8% |
| Current assets | 29/58 | €293,338 | €273,269 | -€20,069 | -6.8% |
| Amounts receivable within one year | 40/41 | €7,697 | €7,299 | -€398 | -5.2% |
| Trade receivables | 40 | €7,254 | €7,254 | = | 0.0% |
| Other amounts receivable | 41 | €443 | €45 | -€398 | -89.8% |
| Current investments | 50/53 | €200,000 | €199,504 | -€496 | -0.2% |
| Cash at bank and in hand | 54/58 | €85,642 | €66,467 | -€19,175 | -22.4% |
| Total equity and liabilities | 10/49 | €293,338 | €273,269 | -€20,069 | -6.8% |
| Equity | 10/15 | €288,458 | €266,194 | -€22,265 | -7.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €111,860 | €111,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €110,000 | €110,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,198 | €141,934 | -€22,265 | -13.6% |
| Amounts payable | 17/49 | €4,880 | €7,075 | +€2,196 | +45.0% |
| Amounts payable within one year | 42/48 | €4,880 | €7,075 | +€2,196 | +45.0% |
| Trade debts | 44 | €17 | €2,165 | +€2,148 | +12,680% |
| Suppliers | 440/4 | €17 | €2,165 | +€2,148 | +12,680% |
| Taxes, remuneration and social security | 45 | €142 | €0 | -€142 | -100% |
| Taxes | 450/3 | €142 | €0 | -€142 | -100% |
| Other amounts payable | 47/48 | €4,721 | €4,911 | +€189 | +4.0% |
| Other operating charges | 640/8 | €387 | €589 | +€202 | +52.1% |
| Gross operating margin | 9900 | -€1,864 | -€24,063 | -€22,199 | -1,191% |
| Operating profit (loss) | 9901 | -€2,251 | -€24,652 | -€22,401 | -995% |
| Financial income | 75/76B | - | €3,383 | +€3,383 | |
| Recurring financial income | 75 | - | €3,383 | +€3,383 | |
| Financial charges | 65/66B | €42 | €42 | = | 0.0% |
| Recurring financial charges | 65 | €42 | €42 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,293 | -€21,310 | -€19,017 | -829% |
| Income taxes | 67/77 | - | €954 | +€954 | |
| Profit (loss) for the period | 9904 | -€2,293 | -€22,265 | -€19,972 | -871% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,293 | -€22,265 | -€19,972 | -871% |
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 18 October 2026 via checked.be.