HOLMAR: what changed
Two fiscal 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.
What changed
HOLMAR
NACE 64.210, Activities of holding companies
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€34,667
2023 · -€11,633-€23,034
Equity
€10.3m
2023 · €10.3m-€34,667
Cash
€27,559
2023 · €29,737-€2,178
Balance sheet total
€11.4m
2023 · €11.4m+€10,557
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Services and other goods +€32,496
up €32,496 (+7.6%), from €426,718 to €459,215
- Turnover +€11,556
up €11,556 (+2.6%), from €441,200 to €452,756
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.
Result 2023
-€11,633
Turnover
+€11,556
Services and other goods
-€32,496
Other operating charges
-€7
Financial income
-€320
Financial charges
-€368
Taxes
-€1,399
Result 2024
-€34,667
Cash bridge derived
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.
From operations
-€2,178
Investment
€0
Financing
€0
Cash 2023
€29,737
From operations (derived)
-€2,178
Net result for the year
-€34,667
Receivables within one year
-€17,815
Deferred charges and accrued income
+€5,080
Trade debts
-€8,685
Tax, wage and social debts
+€8,975
Other debts
+€44,934
Cash 2024
€27,559
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,350,920 | €11,361,476 | +€10,557 | +0.1% |
| Fixed assets | 21/28 | €10,719,104 | €10,719,104 | = | 0.0% |
| Financial fixed assets | 28 | €10,719,104 | €10,719,104 | = | 0.0% |
| Affiliated companies | 280/1 | €10,134,311 | €10,134,311 | = | 0.0% |
| Participating interests | 280 | €10,134,311 | €10,134,311 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €584,793 | €584,793 | = | 0.0% |
| Participating interests | 282 | €584,793 | €584,793 | = | 0.0% |
| Current assets | 29/58 | €631,816 | €642,373 | +€10,557 | +1.7% |
| Amounts receivable within one year | 40/41 | €596,999 | €614,814 | +€17,815 | +3.0% |
| Trade receivables | 40 | €220,600 | €232,156 | +€11,556 | +5.2% |
| Other amounts receivable | 41 | €376,399 | €382,658 | +€6,259 | +1.7% |
| Cash at bank and in hand | 54/58 | €29,737 | €27,559 | -€2,178 | -7.3% |
| Deferred charges and accrued income | 490/1 | €5,080 | - | -€5,080 | |
| Total equity and liabilities | 10/49 | €11,350,920 | €11,361,476 | +€10,557 | +0.1% |
| Equity | 10/15 | €10,305,247 | €10,270,579 | -€34,667 | -0.3% |
| Contributions | 10/11 | €1,860,000 | €1,860,000 | = | 0.0% |
| Capital | 10 | €1,860,000 | €1,860,000 | = | 0.0% |
| Issued capital | 100 | €1,860,000 | €1,860,000 | = | 0.0% |
| Reserves | 13 | €372,000 | €372,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €372,000 | €372,000 | = | 0.0% |
| Legal reserve | 130 | €186,000 | €186,000 | = | 0.0% |
| Own shares acquired | 1312 | €186,000 | €186,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,073,247 | €8,038,579 | -€34,667 | -0.4% |
| Amounts payable | 17/49 | €1,045,673 | €1,090,897 | +€45,224 | +4.3% |
| Amounts payable within one year | 42/48 | €1,045,673 | €1,090,897 | +€45,224 | +4.3% |
| Trade debts | 44 | €31,386 | €22,701 | -€8,685 | -27.7% |
| Suppliers | 440/4 | €31,386 | €22,701 | -€8,685 | -27.7% |
| Taxes, remuneration and social security | 45 | €11,285 | €20,260 | +€8,975 | +79.5% |
| Taxes | 450/3 | €1,013 | €9,753 | +€8,740 | +863.0% |
| Remuneration and social security | 454/9 | €10,272 | €10,507 | +€235 | +2.3% |
| Other amounts payable | 47/48 | €1,003,001 | €1,047,936 | +€44,934 | +4.5% |
| Operating income | 70/76A | €441,200 | €452,756 | +€11,556 | +2.6% |
| Turnover | 70 | €441,200 | €452,756 | +€11,556 | +2.6% |
| Other operating income | 74 | €0 | - | = | |
| Operating charges | 60/66A | €427,679 | €460,182 | +€32,504 | +7.6% |
| Services and other goods | 61 | €426,718 | €459,215 | +€32,496 | +7.6% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Operating profit (loss) | 9901 | €13,521 | -€7,426 | -€20,948 | |
| Financial income | 75/76B | €27,413 | €27,092 | -€320 | -1.2% |
| Recurring financial income | 75 | €27,413 | €27,092 | -€320 | -1.2% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €27,413 | €27,092 | -€320 | -1.2% |
| Financial charges | 65/66B | €52,567 | €52,935 | +€368 | +0.7% |
| Recurring financial charges | 65 | €52,567 | €45,935 | -€6,632 | -12.6% |
| Debt charges | 650 | €51,701 | €44,934 | -€6,767 | -13.1% |
| Other financial charges | 652/9 | €866 | €1,001 | +€135 | +15.6% |
| Non-recurring financial charges | 66B | - | €7,000 | +€7,000 | |
| Profit (loss) for the period before taxes | 9903 | -€11,633 | -€33,269 | -€21,636 | -186.0% |
| Income taxes | 67/77 | - | €1,399 | +€1,399 | |
| Taxes | 670/3 | - | €1,399 | +€1,399 | |
| Profit (loss) for the period | 9904 | -€11,633 | -€34,667 | -€23,034 | -198.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,633 | -€34,667 | -€23,034 | -198.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.