HOLIFIT BROS: 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.
HOLIFIT BROS
Largest movements
- Cash +€19,696
up €19,696 (+37.2%), from €52,952 to €72,648
mainly Net result for the year (+€37,479) and Depreciation (+€15,229)
- Tangible fixed assets +€15,786
up €15,786 (+102%), from €15,409 to €31,195
of which Furniture and vehicles: +€15,135
- Receivables within one year -€5,142
down €5,142 (-78.8%), from €6,522 to €1,380
of which Trade receivables: -€5,070
- Intangible fixed assets -€3,947
down €3,947 (-14.0%), from €28,223 to €24,276
- Deferred charges and accrued income +€2,253
up €2,253 (+39.0%), from €5,775 to €8,028
- Reserves +€66,539
new in 2025: €66,539
- Profit (loss) carried forward -€29,059
down €29,059 (-100%), from €29,059 to €0
- Debts after one year -€10,505
down €10,505 (-92.1%), from €11,407 to €902
- Tax, wage and social debts +€7,073
up €7,073 (+82.8%), from €8,543 to €15,616
- Trade debts -€4,326
down €4,326 (-29.0%), from €14,927 to €10,601
- Gross operating margin +€22,371
up €22,371 (+29.6%), from €75,502 to €97,873
- Depreciation +€6,103
up €6,103 (+66.9%), from €9,126 to €15,229
- Taxes +€3,126
up €3,126 (+43.6%), from €7,161 to €10,287
- Financial charges +€2,447
up €2,447 (+81.6%), from €3,000 to €5,447
- Other operating charges +€2,383
up €2,383 (+8.8%), from €27,199 to €29,582
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 | €108,881 | €137,527 | +€28,646 | +26.3% |
| Fixed assets | 21/28 | €43,632 | €55,471 | +€11,839 | +27.1% |
| Intangible fixed assets | 21 | €28,223 | €24,276 | -€3,947 | -14.0% |
| Tangible fixed assets | 22/27 | €15,409 | €31,195 | +€15,786 | +102% |
| Plant, machinery and equipment | 23 | - | €1,203 | +€1,203 | |
| Furniture and vehicles | 24 | €12,655 | €27,791 | +€15,135 | +120% |
| Other tangible fixed assets | 26 | €2,754 | €2,202 | -€552 | -20.0% |
| Current assets | 29/58 | €65,249 | €82,055 | +€16,807 | +25.8% |
| Amounts receivable within one year | 40/41 | €6,522 | €1,380 | -€5,142 | -78.8% |
| Trade receivables | 40 | €6,449 | €1,380 | -€5,070 | -78.6% |
| Other amounts receivable | 41 | €73 | €0 | -€73 | -100% |
| Cash at bank and in hand | 54/58 | €52,952 | €72,648 | +€19,696 | +37.2% |
| Deferred charges and accrued income | 490/1 | €5,775 | €8,028 | +€2,253 | +39.0% |
| Total equity and liabilities | 10/49 | €108,881 | €137,527 | +€28,646 | +26.3% |
| Equity | 10/15 | €34,059 | €71,539 | +€37,479 | +110% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €66,539 | +€66,539 | |
| Distributable reserves | 133 | - | €66,539 | +€66,539 | |
| Profit (loss) carried forward | 14 | €29,059 | €0 | -€29,059 | -100% |
| Amounts payable | 17/49 | €74,821 | €65,988 | -€8,833 | -11.8% |
| Amounts payable after more than one year | 17 | €11,407 | €902 | -€10,505 | -92.1% |
| Financial debts | 170/4 | €11,407 | €902 | -€10,505 | -92.1% |
| Amounts payable within one year | 42/48 | €63,414 | €65,087 | +€1,673 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €9,944 | €10,505 | +€561 | +5.6% |
| Trade debts | 44 | €14,927 | €10,601 | -€4,326 | -29.0% |
| Suppliers | 440/4 | €14,927 | €10,601 | -€4,326 | -29.0% |
| Taxes, remuneration and social security | 45 | €8,543 | €15,616 | +€7,073 | +82.8% |
| Taxes | 450/3 | €8,543 | €15,616 | +€7,073 | +82.8% |
| Other amounts payable | 47/48 | €30,000 | €28,364 | -€1,635 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,126 | €15,229 | +€6,103 | +66.9% |
| Other operating charges | 640/8 | €27,199 | €29,582 | +€2,383 | +8.8% |
| Gross operating margin | 9900 | €75,502 | €97,873 | +€22,371 | +29.6% |
| Operating profit (loss) | 9901 | €39,177 | €53,062 | +€13,885 | +35.4% |
| Financial income | 75/76B | €43 | €151 | +€108 | +248% |
| Recurring financial income | 75 | €43 | €151 | +€108 | +248% |
| Financial charges | 65/66B | €3,000 | €5,447 | +€2,447 | +81.6% |
| Recurring financial charges | 65 | €3,000 | €5,447 | +€2,447 | +81.6% |
| Profit (loss) for the period before taxes | 9903 | €36,221 | €47,766 | +€11,545 | +31.9% |
| Income taxes | 67/77 | €7,161 | €10,287 | +€3,126 | +43.6% |
| Profit (loss) for the period | 9904 | €29,059 | €37,479 | +€8,420 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,059 | €37,479 | +€8,420 | +29.0% |
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 15 October 2026 via checked.be.