Holly: 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.
Holly
Largest movements
- Current investments +€196,000
new in 2025: €196,000
- Cash -€105,068
down €105,068 (-27.9%), from €377,087 to €272,019
mainly Current investments (-€196,000) and Tax, wage and social debts (-€11,974)
- Reserves +€106,373
up €106,373 (+28.5%), from €372,847 to €479,220
- Tax, wage and social debts -€11,974
down €11,974 (-95.6%), from €12,528 to €553
of which Taxes: -€11,974
- Gross operating margin -€69,749
down €69,749 (-30.1%), from €231,880 to €162,131
- Taxes -€26,758
down €26,758 (-37.6%), from €71,182 to €44,424
- Other operating charges +€12,351
up €12,351 (+1719.1%), from €718 to €13,070
- Financial income -€3,829
down €3,829 (-62.7%), from €6,103 to €2,274
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 | €397,298 | €490,598 | +€93,301 | +23.5% |
| Current assets | 29/58 | €397,298 | €490,598 | +€93,301 | +23.5% |
| Amounts receivable within one year | 40/41 | €20,211 | €22,580 | +€2,369 | +11.7% |
| Trade receivables | 40 | €20,211 | €16,585 | -€3,626 | -17.9% |
| Other amounts receivable | 41 | - | €5,995 | +€5,995 | |
| Current investments | 50/53 | - | €196,000 | +€196,000 | |
| Cash at bank and in hand | 54/58 | €377,087 | €272,019 | -€105,068 | -27.9% |
| Total equity and liabilities | 10/49 | €397,298 | €490,598 | +€93,301 | +23.5% |
| Equity | 10/15 | €382,847 | €489,220 | +€106,373 | +27.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €372,847 | €479,220 | +€106,373 | +28.5% |
| Distributable reserves | 133 | €372,847 | €479,220 | +€106,373 | +28.5% |
| Amounts payable | 17/49 | €14,451 | €1,379 | -€13,072 | -90.5% |
| Amounts payable within one year | 42/48 | €14,451 | €1,379 | -€13,072 | -90.5% |
| Trade debts | 44 | €306 | €826 | +€519 | +169.6% |
| Suppliers | 440/4 | €306 | €826 | +€519 | +169.6% |
| Taxes, remuneration and social security | 45 | €12,528 | €553 | -€11,974 | -95.6% |
| Taxes | 450/3 | €12,046 | €72 | -€11,974 | -99.4% |
| Remuneration and social security | 454/9 | €481 | €481 | = | 0.0% |
| Other amounts payable | 47/48 | €1,617 | - | -€1,617 | |
| Other operating charges | 640/8 | €718 | €13,070 | +€12,351 | +1719.1% |
| Non-recurring operating charges | 66A | - | €438 | +€438 | |
| Gross operating margin | 9900 | €231,880 | €162,131 | -€69,749 | -30.1% |
| Operating profit (loss) | 9901 | €231,162 | €148,624 | -€82,538 | -35.7% |
| Financial income | 75/76B | €6,103 | €2,274 | -€3,829 | -62.7% |
| Recurring financial income | 75 | €6,103 | €2,274 | -€3,829 | -62.7% |
| Financial charges | 65/66B | €69 | €101 | +€32 | +46.2% |
| Recurring financial charges | 65 | €69 | €101 | +€32 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | €237,196 | €150,797 | -€86,399 | -36.4% |
| Income taxes | 67/77 | €71,182 | €44,424 | -€26,758 | -37.6% |
| Profit (loss) for the period | 9904 | €166,014 | €106,373 | -€59,641 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €166,014 | €106,373 | -€59,641 | -35.9% |
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.