HoliSis: 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.
HoliSis
Largest movements
- Tangible fixed assets +€474,259
up €474,259 (+60.0%), from €789,877 to €1.3m
of which Land and buildings: +€1.1m
- Cash +€153,906
up €153,906 (+1848.8%), from €8,325 to €162,231
mainly Debts after one year (+€771,133) and Other debts (+€122,521)
- Debts after one year +€771,133
up €771,133 (+308.5%), from €250,000 to €1.0m
- Trade debts -€247,118
down €247,118 (-91.7%), from €269,572 to €22,455
- Other debts +€122,521
up €122,521 (+78.1%), from €156,803 to €279,324
- Profit (loss) carried forward -€52,922
down €52,922 (-145.0%), from -€36,510 to -€89,432
- Current portion of long-term debt +€36,604
new in 2025: €36,604
- Depreciation +€27,995
up €27,995 (+2370.7%), from €1,181 to €29,176
- Financial charges +€17,542
up €17,542 (+257.8%), from €6,804 to €24,346
- Gross operating margin +€10,297
up €10,297, from -€9,066 to €1,231
- Other operating charges +€147
up €147 (+23.7%), from €623 to €771
- Financial income +€141
new in 2025: €141
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.
Cash bridge derived
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 | €802,427 | €1,435,034 | +€632,607 | +78.8% |
| Formation expenses | 20 | €2,657 | €1,476 | -€1,181 | -44.4% |
| Fixed assets | 21/28 | €789,877 | €1,265,877 | +€476,000 | +60.3% |
| Intangible fixed assets | 21 | - | €1,741 | +€1,741 | |
| Tangible fixed assets | 22/27 | €789,877 | €1,264,136 | +€474,259 | +60.0% |
| Land and buildings | 22 | €150,000 | €1,235,672 | +€1.1m | +723.8% |
| Plant, machinery and equipment | 23 | - | €28,464 | +€28,464 | |
| Assets under construction and advance payments | 27 | €639,877 | - | -€639,877 | |
| Current assets | 29/58 | €9,893 | €167,681 | +€157,788 | +1595.0% |
| Amounts receivable within one year | 40/41 | €1,268 | €4,810 | +€3,542 | +279.3% |
| Trade receivables | 40 | - | €4,767 | +€4,767 | |
| Other amounts receivable | 41 | €1,268 | €42 | -€1,226 | -96.7% |
| Cash at bank and in hand | 54/58 | €8,325 | €162,231 | +€153,906 | +1848.8% |
| Deferred charges and accrued income | 490/1 | €300 | €640 | +€340 | +113.5% |
| Total equity and liabilities | 10/49 | €802,427 | €1,435,034 | +€632,607 | +78.8% |
| Equity | 10/15 | €120,990 | €68,068 | -€52,922 | -43.7% |
| Contributions | 10/11 | €157,500 | €157,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,510 | -€89,432 | -€52,922 | -145.0% |
| Amounts payable | 17/49 | €681,437 | €1,366,966 | +€685,529 | +100.6% |
| Amounts payable after more than one year | 17 | €250,000 | €1,021,133 | +€771,133 | +308.5% |
| Financial debts | 170/4 | €250,000 | €1,021,133 | +€771,133 | +308.5% |
| Amounts payable within one year | 42/48 | €426,375 | €340,721 | -€85,654 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | - | €36,604 | +€36,604 | |
| Trade debts | 44 | €269,572 | €22,455 | -€247,118 | -91.7% |
| Suppliers | 440/4 | €269,572 | €22,455 | -€247,118 | -91.7% |
| Taxes, remuneration and social security | 45 | €0 | €2,339 | +€2,339 | |
| Taxes | 450/3 | €0 | €2,339 | +€2,339 | |
| Other amounts payable | 47/48 | €156,803 | €279,324 | +€122,521 | +78.1% |
| Accrued charges and deferred income | 492/3 | €5,063 | €5,112 | +€50 | +1.0% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,181 | €29,176 | +€27,995 | +2370.7% |
| Other operating charges | 640/8 | €623 | €771 | +€147 | +23.7% |
| Gross operating margin | 9900 | -€9,066 | €1,231 | +€10,297 | |
| Operating profit (loss) | 9901 | -€10,871 | -€28,716 | -€17,845 | -164.2% |
| Financial income | 75/76B | - | €141 | +€141 | |
| Recurring financial income | 75 | - | €141 | +€141 | |
| Financial charges | 65/66B | €6,804 | €24,346 | +€17,542 | +257.8% |
| Recurring financial charges | 65 | €6,804 | €24,346 | +€17,542 | +257.8% |
| Profit (loss) for the period before taxes | 9903 | -€17,675 | -€52,922 | -€35,247 | -199.4% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€17,675 | -€52,922 | -€35,247 | -199.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,675 | -€52,922 | -€35,247 | -199.4% |
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 12 October 2026 via checked.be.