HOLIJFKRANS: 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.
HOLIJFKRANS
Largest movements
- Tangible fixed assets -€56,481
down €56,481 (-12.7%), from €444,957 to €388,477
of which Land and buildings: -€46,063
- Receivables within one year +€6,318
up €6,318 (+4.7%), from €135,415 to €141,733
of which Other amounts receivable: +€7,490
- Debts after one year -€50,667
down €50,667 (-13.3%), from €379,718 to €329,051
- Short-term financial debts -€10,000
no longer reported in 2024 (was €10,000)
- Profit (loss) carried forward +€8,173
up €8,173 (+12.8%), from -€63,753 to -€55,580
- Gross operating margin -€5,929
down €5,929 (-7.0%), from €84,585 to €78,656
- Depreciation -€4,053
down €4,053 (-6.5%), from €62,214 to €58,160
- Taxes +€1,520
new in 2024: €1,520
- Financial charges -€1,416
down €1,416 (-15.6%), from €9,080 to €7,664
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €593,138 | €541,825 | -€51,314 | -8.7% |
| Fixed assets | 21/28 | €444,957 | €388,477 | -€56,481 | -12.7% |
| Tangible fixed assets | 22/27 | €444,957 | €388,477 | -€56,481 | -12.7% |
| Land and buildings | 22 | €406,696 | €360,633 | -€46,063 | -11.3% |
| Plant, machinery and equipment | 23 | €32,242 | €21,349 | -€10,894 | -33.8% |
| Furniture and vehicles | 24 | €6,020 | €6,495 | +€476 | +7.9% |
| Current assets | 29/58 | €148,181 | €153,348 | +€5,167 | +3.5% |
| Amounts receivable within one year | 40/41 | €135,415 | €141,733 | +€6,318 | +4.7% |
| Trade receivables | 40 | €1,372 | €200 | -€1,172 | -85.4% |
| Other amounts receivable | 41 | €134,043 | €141,533 | +€7,490 | +5.6% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,496 | €8,785 | -€1,712 | -16.3% |
| Deferred charges and accrued income | 490/1 | €2,019 | €2,580 | +€561 | +27.8% |
| Total equity and liabilities | 10/49 | €593,138 | €541,825 | -€51,314 | -8.7% |
| Equity | 10/15 | €132,777 | €140,950 | +€8,173 | +6.2% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Reserves | 13 | €27,930 | €27,930 | = | 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 | €26,070 | €26,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,753 | -€55,580 | +€8,173 | +12.8% |
| Amounts payable | 17/49 | €460,361 | €400,874 | -€59,487 | -12.9% |
| Amounts payable after more than one year | 17 | €379,718 | €329,051 | -€50,667 | -13.3% |
| Financial debts | 170/4 | €379,718 | €329,051 | -€50,667 | -13.3% |
| Amounts payable within one year | 42/48 | €80,643 | €71,823 | -€8,820 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €65,976 | €67,167 | +€1,191 | +1.8% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Other loans | 439 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €4,667 | €3,137 | -€1,531 | -32.8% |
| Suppliers | 440/4 | €4,667 | €3,137 | -€1,531 | -32.8% |
| Taxes, remuneration and social security | 45 | - | €1,520 | +€1,520 | |
| Taxes | 450/3 | - | €1,520 | +€1,520 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,214 | €58,160 | -€4,053 | -6.5% |
| Other operating charges | 640/8 | €2,979 | €3,142 | +€163 | +5.5% |
| Gross operating margin | 9900 | €84,585 | €78,656 | -€5,929 | -7.0% |
| Operating profit (loss) | 9901 | €19,392 | €17,353 | -€2,039 | -10.5% |
| Financial income | 75/76B | €1 | €4 | +€3 | +430% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +430% |
| Financial charges | 65/66B | €9,080 | €7,664 | -€1,416 | -15.6% |
| Recurring financial charges | 65 | €9,080 | €7,664 | -€1,416 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €10,313 | €9,693 | -€620 | -6.0% |
| Income taxes | 67/77 | - | €1,520 | +€1,520 | |
| Profit (loss) for the period | 9904 | €10,313 | €8,173 | -€2,140 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,313 | €8,173 | -€2,140 | -20.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.