HOLEX: 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.
HOLEX
Largest movements
- Cash +€125,880
up €125,880 (+4,196%), from €3,000 to €128,880
mainly Net result for the year (+€174,279) and Tax, wage and social debts (+€20,711)
- Receivables within one year +€74,368
new in 2025: €74,368
of which Other amounts receivable: +€42,223
- Deferred charges and accrued income +€2,264
new in 2025: €2,264
- Profit (loss) carried forward +€174,317
up €174,317, from -€1,563 to €172,754
- Tax, wage and social debts +€20,711
new in 2025: €20,711
- Trade debts +€8,312
up €8,312 (+532%), from €1,563 to €9,875
- Gross operating margin +€228,548
up €228,548, from -€1,157 to €227,391
- Taxes +€52,936
new in 2025: €52,936
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 | €3,000 | €206,340 | +€203,340 | +6,778% |
| Fixed assets | 21/28 | - | €829 | +€829 | |
| Tangible fixed assets | 22/27 | - | €829 | +€829 | |
| Furniture and vehicles | 24 | - | €829 | +€829 | |
| Current assets | 29/58 | €3,000 | €205,511 | +€202,511 | +6,750% |
| Amounts receivable within one year | 40/41 | - | €74,368 | +€74,368 | |
| Trade receivables | 40 | - | €32,145 | +€32,145 | |
| Other amounts receivable | 41 | - | €42,223 | +€42,223 | |
| Cash at bank and in hand | 54/58 | €3,000 | €128,880 | +€125,880 | +4,196% |
| Deferred charges and accrued income | 490/1 | - | €2,264 | +€2,264 | |
| Total equity and liabilities | 10/49 | €3,000 | €206,340 | +€203,340 | +6,778% |
| Equity | 10/15 | €1,437 | €175,754 | +€174,317 | +12,134% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,563 | €172,754 | +€174,317 | |
| Amounts payable | 17/49 | €1,563 | €30,586 | +€29,023 | +1,856% |
| Amounts payable within one year | 42/48 | €1,563 | €30,586 | +€29,023 | +1,856% |
| Trade debts | 44 | €1,563 | €9,875 | +€8,312 | +532% |
| Suppliers | 440/4 | €1,563 | €9,875 | +€8,312 | +532% |
| Taxes, remuneration and social security | 45 | - | €20,711 | +€20,711 | |
| Taxes | 450/3 | - | €20,711 | +€20,711 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €171 | +€171 | |
| Other operating charges | 640/8 | €387 | €1,116 | +€729 | +188% |
| Gross operating margin | 9900 | -€1,157 | €227,391 | +€228,548 | |
| Operating profit (loss) | 9901 | -€1,544 | €226,104 | +€227,648 | |
| Financial income | 75/76B | - | €1,195 | +€1,195 | |
| Recurring financial income | 75 | - | €1,195 | +€1,195 | |
| Financial charges | 65/66B | €19 | €84 | +€65 | +341% |
| Recurring financial charges | 65 | €19 | €84 | +€65 | +341% |
| Profit (loss) for the period before taxes | 9903 | -€1,563 | €227,215 | +€228,779 | |
| Income taxes | 67/77 | - | €52,936 | +€52,936 | |
| Profit (loss) for the period | 9904 | -€1,563 | €174,279 | +€175,843 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,563 | €174,279 | +€175,843 |
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 17 October 2026 via checked.be.