HOLEMANS & PARTNERS: 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 & PARTNERS
Largest movements
- Cash +€35,451
up €35,451 (+25.3%), from €140,029 to €175,480
mainly Net result for the year (+€216,300) and Depreciation (+€16,967)
- Profit (loss) carried forward +€200,000
up €200,000 (+41.7%), from €480,000 to €680,000
- Other debts -€156,359
down €156,359 (-91.9%), from €170,214 to €13,855
- Tax, wage and social debts -€25,687
down €25,687 (-32.5%), from €79,104 to €53,417
of which Taxes: -€28,336
- Trade debts +€11,614
up €11,614 (+225%), from €5,164 to €16,779
- Gross operating margin +€46,488
up €46,488 (+11.3%), from €411,169 to €457,657
- Staff costs +€46,280
up €46,280 (+43.3%), from €106,952 to €153,231
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 | €754,483 | €784,050 | +€29,568 | +3.9% |
| Fixed assets | 21/28 | €19,311 | €12,194 | -€7,117 | -36.9% |
| Tangible fixed assets | 22/27 | €19,311 | €12,194 | -€7,117 | -36.9% |
| Plant, machinery and equipment | 23 | €15,333 | €9,553 | -€5,780 | -37.7% |
| Furniture and vehicles | 24 | €3,978 | €2,642 | -€1,336 | -33.6% |
| Current assets | 29/58 | €735,171 | €771,856 | +€36,684 | +5.0% |
| Amounts receivable after more than one year | 29 | €350,000 | €350,000 | = | 0.0% |
| Other amounts receivable | 291 | €350,000 | €350,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €220,539 | €214,038 | -€6,500 | -2.9% |
| Trade receivables | 40 | €220,539 | €214,038 | -€6,500 | -2.9% |
| Cash at bank and in hand | 54/58 | €140,029 | €175,480 | +€35,451 | +25.3% |
| Deferred charges and accrued income | 490/1 | €24,604 | €32,337 | +€7,734 | +31.4% |
| Total equity and liabilities | 10/49 | €754,483 | €784,050 | +€29,568 | +3.9% |
| Equity | 10/15 | €500,000 | €700,000 | +€200,000 | +40.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €480,000 | €680,000 | +€200,000 | +41.7% |
| Amounts payable | 17/49 | €254,483 | €84,050 | -€170,432 | -67.0% |
| Amounts payable within one year | 42/48 | €254,483 | €84,050 | -€170,432 | -67.0% |
| Trade debts | 44 | €5,164 | €16,779 | +€11,614 | +225% |
| Suppliers | 440/4 | €5,164 | €16,779 | +€11,614 | +225% |
| Taxes, remuneration and social security | 45 | €79,104 | €53,417 | -€25,687 | -32.5% |
| Taxes | 450/3 | €66,156 | €37,820 | -€28,336 | -42.8% |
| Remuneration and social security | 454/9 | €12,948 | €15,596 | +€2,648 | +20.5% |
| Other amounts payable | 47/48 | €170,214 | €13,855 | -€156,359 | -91.9% |
| Non-recurring operating income | 76A | €87 | €0 | -€87 | -100% |
| Remuneration, social security and pensions | 62 | €106,952 | €153,231 | +€46,280 | +43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,226 | €16,967 | -€4,259 | -20.1% |
| Other operating charges | 640/8 | €4,569 | €758 | -€3,811 | -83.4% |
| Gross operating margin | 9900 | €411,169 | €457,657 | +€46,488 | +11.3% |
| Operating profit (loss) | 9901 | €278,422 | €286,701 | +€8,279 | +3.0% |
| Financial income | 75/76B | €638 | €360 | -€278 | -43.5% |
| Recurring financial income | 75 | €638 | €360 | -€278 | -43.5% |
| Financial charges | 65/66B | €726 | €747 | +€21 | +2.8% |
| Recurring financial charges | 65 | €726 | €747 | +€21 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €278,335 | €286,315 | +€7,980 | +2.9% |
| Income taxes | 67/77 | €68,622 | €70,015 | +€1,393 | +2.0% |
| Profit (loss) for the period | 9904 | €209,713 | €216,300 | +€6,587 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €209,713 | €216,300 | +€6,587 | +3.1% |
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 23 October 2026 via checked.be.