HOLITEC: what changed
HOLITEC
Largest movements
- Receivables within one year +€27,453
up €27,453 (+185%), from €14,818 to €42,271
of which Trade receivables: +€25,103
- Cash -€6,771
down €6,771 (-26.9%), from €25,175 to €18,404
mainly Receivables within one year (-€27,453) and Investment in fixed assets (net) (-€6,170)
- Tangible fixed assets +€5,161
up €5,161 (+112%), from €4,625 to €9,787
of which Plant, machinery and equipment: +€3,018
- Deferred charges and accrued income +€2,531
up €2,531 (+68.1%), from €3,714 to €6,245
- Reserves +€27,227
up €27,227 (+95.6%), from €28,482 to €55,709
- Tax, wage and social debts +€2,251
up €2,251 (+28.2%), from €7,979 to €10,230
- Profit (loss) carried forward -€833
down €833 (-38.8%), from €2,147 to €1,314
- Gross operating margin +€5,394
up €5,394 (+15.0%), from €35,887 to €41,281
- Other operating charges +€456
up €456 (+40.1%), from €1,137 to €1,593
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,075 | €78,166 | +€28,091 | +56.1% |
| Fixed assets | 21/28 | €5,375 | €10,537 | +€5,161 | +96.0% |
| Tangible fixed assets | 22/27 | €4,625 | €9,787 | +€5,161 | +112% |
| Land and buildings | 22 | €685 | €639 | -€45 | -6.6% |
| Plant, machinery and equipment | 23 | €3,941 | €6,958 | +€3,018 | +76.6% |
| Furniture and vehicles | 24 | €0 | €2,189 | +€2,189 | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €44,700 | €67,630 | +€22,930 | +51.3% |
| Stocks and contracts in progress | 3 | €993 | €710 | -€283 | -28.5% |
| Stocks | 30/36 | €993 | €710 | -€283 | -28.5% |
| Amounts receivable within one year | 40/41 | €14,818 | €42,271 | +€27,453 | +185% |
| Trade receivables | 40 | €14,818 | €39,921 | +€25,103 | +169% |
| Other amounts receivable | 41 | - | €2,350 | +€2,350 | |
| Cash at bank and in hand | 54/58 | €25,175 | €18,404 | -€6,771 | -26.9% |
| Deferred charges and accrued income | 490/1 | €3,714 | €6,245 | +€2,531 | +68.1% |
| Total equity and liabilities | 10/49 | €50,075 | €78,166 | +€28,091 | +56.1% |
| Equity | 10/15 | €37,237 | €63,630 | +€26,394 | +70.9% |
| Contributions | 10/11 | €6,607 | €6,607 | = | 0.0% |
| Reserves | 13 | €28,482 | €55,709 | +€27,227 | +95.6% |
| Distributable reserves | 133 | €28,482 | €55,709 | +€27,227 | +95.6% |
| Profit (loss) carried forward | 14 | €2,147 | €1,314 | -€833 | -38.8% |
| Amounts payable | 17/49 | €12,838 | €14,536 | +€1,698 | +13.2% |
| Amounts payable within one year | 42/48 | €12,838 | €14,536 | +€1,698 | +13.2% |
| Trade debts | 44 | €2,440 | €1,916 | -€524 | -21.5% |
| Suppliers | 440/4 | €2,440 | €1,916 | -€524 | -21.5% |
| Taxes, remuneration and social security | 45 | €7,979 | €10,230 | +€2,251 | +28.2% |
| Taxes | 450/3 | €7,979 | €10,230 | +€2,251 | +28.2% |
| Other amounts payable | 47/48 | €2,419 | €2,390 | -€29 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €741 | €1,009 | +€268 | +36.1% |
| Other operating charges | 640/8 | €1,137 | €1,593 | +€456 | +40.1% |
| Non-recurring operating charges | 66A | €3,824 | €1,065 | -€2,759 | -72.2% |
| Gross operating margin | 9900 | €35,887 | €41,281 | +€5,394 | +15.0% |
| Operating profit (loss) | 9901 | €30,184 | €37,614 | +€7,429 | +24.6% |
| Financial charges | 65/66B | €1,119 | €1,073 | -€46 | -4.1% |
| Recurring financial charges | 65 | €1,119 | €1,073 | -€46 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €29,066 | €36,541 | +€7,475 | +25.7% |
| Income taxes | 67/77 | €9,633 | €9,314 | -€319 | -3.3% |
| Profit (loss) for the period | 9904 | €19,432 | €27,227 | +€7,794 | +40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,432 | €27,227 | +€7,794 | +40.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.