HOLIDAY STABLES: 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.
HOLIDAY STABLES
Largest movements
- Cash -€36,429
down €36,429 (-87.8%), from €41,502 to €5,073
mainly Other debts (-€15,318) and Net result for the year (-€13,152)
- Receivables within one year -€4,788
down €4,788 (-69.8%), from €6,863 to €2,075
of which Other amounts receivable: -€3,155
- Tangible fixed assets +€1,589
up €1,589 (+50.2%), from €3,166 to €4,755
of which Plant, machinery and equipment: +€2,914
- Other debts -€15,318
down €15,318 (-85.7%), from €17,868 to €2,551
- Reserves -€13,152
down €13,152 (-93.2%), from €14,112 to €961
- Tax, wage and social debts -€12,989
down €12,989 (-93.7%), from €13,855 to €866
of which Taxes: -€10,909
- Trade debts +€1,830
up €1,830 (+57.3%), from €3,195 to €5,026
- Gross operating margin -€41,486
down €41,486, from €35,015 to -€6,470
- Staff costs -€10,567
down €10,567 (-66.9%), from €15,805 to €5,238
- Taxes -€3,644
down €3,644, from €3,600 to -€44
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,531 | €11,903 | -€39,628 | -76.9% |
| Fixed assets | 21/28 | €3,166 | €4,755 | +€1,589 | +50.2% |
| Tangible fixed assets | 22/27 | €3,166 | €4,755 | +€1,589 | +50.2% |
| Plant, machinery and equipment | 23 | - | €2,914 | +€2,914 | |
| Furniture and vehicles | 24 | €3,166 | €1,842 | -€1,324 | -41.8% |
| Current assets | 29/58 | €48,365 | €7,148 | -€41,217 | -85.2% |
| Amounts receivable within one year | 40/41 | €6,863 | €2,075 | -€4,788 | -69.8% |
| Trade receivables | 40 | €1,863 | €230 | -€1,633 | -87.7% |
| Other amounts receivable | 41 | €5,000 | €1,845 | -€3,155 | -63.1% |
| Cash at bank and in hand | 54/58 | €41,502 | €5,073 | -€36,429 | -87.8% |
| Total equity and liabilities | 10/49 | €51,531 | €11,903 | -€39,628 | -76.9% |
| Equity | 10/15 | €16,612 | €3,461 | -€13,152 | -79.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,112 | €961 | -€13,152 | -93.2% |
| Distributable reserves | 133 | €14,112 | €961 | -€13,152 | -93.2% |
| Amounts payable | 17/49 | €34,919 | €8,442 | -€26,476 | -75.8% |
| Amounts payable within one year | 42/48 | €34,919 | €8,442 | -€26,476 | -75.8% |
| Trade debts | 44 | €3,195 | €5,026 | +€1,830 | +57.3% |
| Suppliers | 440/4 | €3,195 | €5,026 | +€1,830 | +57.3% |
| Taxes, remuneration and social security | 45 | €13,855 | €866 | -€12,989 | -93.7% |
| Taxes | 450/3 | €10,909 | - | -€10,909 | |
| Remuneration and social security | 454/9 | €2,946 | €866 | -€2,080 | -70.6% |
| Other amounts payable | 47/48 | €17,868 | €2,551 | -€15,318 | -85.7% |
| Remuneration, social security and pensions | 62 | €15,805 | €5,238 | -€10,567 | -66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,324 | €1,324 | = | 0.0% |
| Gross operating margin | 9900 | €35,015 | -€6,470 | -€41,486 | |
| Operating profit (loss) | 9901 | €17,885 | -€13,033 | -€30,918 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €173 | €162 | -€11 | -6.5% |
| Recurring financial charges | 65 | €173 | €162 | -€11 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €17,712 | -€13,195 | -€30,907 | |
| Income taxes | 67/77 | €3,600 | -€44 | -€3,644 | |
| Profit (loss) for the period | 9904 | €14,112 | -€13,152 | -€27,264 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,112 | -€13,152 | -€27,264 |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.