HOLMSTOCK: what changed
What changed
HOLMSTOCK
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€49
2024 · €20,704-€20,655
Equity
€236,572
2024 · €236,522+€49
Cash
€146,526
2024 · €40,864+€105,662
Balance sheet total
€435,544
2024 · €330,494+€105,050
Largest movements
Assets
- Cash +€105,662
up €105,662 (+259%), from €40,864 to €146,526
mainly Other debts (+€95,094) and Trade debts (+€10,227)
Equity and liabilities
- Other debts +€95,094
up €95,094 (+155%), from €61,234 to €156,328
- Trade debts +€10,227
up €10,227 (+50.8%), from €20,123 to €30,350
Income statement
- Turnover -€70,699
no longer reported in 2025 (was €70,699)
- Purchases and services -€35,482
no longer reported in 2025 (was €35,482)
- Gross operating margin -€32,745
down €32,745 (-93.0%), from €35,217 to €2,472
- Taxes -€10,910
down €10,910 (-99.2%), from €11,000 to €90
- Other operating charges -€825
down €825 (-59.3%), from €1,391 to €566
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.
Result 2024
€20,704
Gross operating margin
-€32,745
Other operating charges
+€825
Financial income
-€38
Financial charges
+€394
Taxes
+€10,910
Result 2025
€49
raises the resultlowers the result
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.
From operations
+€105,662
Investment
€0
Financing
€0
Cash 2024
€40,864
From operations (derived)
+€105,662
Net result for the year
+€49
Depreciation
+€729
Receivables within one year
-€117
Trade debts
+€10,227
Tax, wage and social debts
-€320
Other debts
+€95,094
Cash 2025
€146,526
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €330,494 | €435,544 | +€105,050 | +31.8% |
| Fixed assets | 21/28 | €1,458 | €729 | -€729 | -50.0% |
| Tangible fixed assets | 22/27 | €1,458 | €729 | -€729 | -50.0% |
| Plant, machinery and equipment | 23 | €1,458 | €729 | -€729 | -50.0% |
| Current assets | 29/58 | €329,036 | €434,815 | +€105,779 | +32.1% |
| Amounts receivable within one year | 40/41 | €286,271 | €286,388 | +€117 | 0.0% |
| Trade receivables | 40 | €121 | €238 | +€117 | +97.0% |
| Other amounts receivable | 41 | €286,150 | €286,150 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,864 | €146,526 | +€105,662 | +259% |
| Deferred charges and accrued income | 490/1 | €1,901 | €1,901 | = | 0.0% |
| Total equity and liabilities | 10/49 | €330,494 | €435,544 | +€105,050 | +31.8% |
| Equity | 10/15 | €236,522 | €236,572 | +€49 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €128,457 | €128,457 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €126,597 | €126,597 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,465 | €89,514 | +€49 | +0.1% |
| Amounts payable | 17/49 | €93,971 | €198,972 | +€105,001 | +112% |
| Amounts payable within one year | 42/48 | €93,971 | €198,972 | +€105,001 | +112% |
| Trade debts | 44 | €20,123 | €30,350 | +€10,227 | +50.8% |
| Suppliers | 440/4 | €20,123 | €30,350 | +€10,227 | +50.8% |
| Taxes, remuneration and social security | 45 | €12,614 | €12,294 | -€320 | -2.5% |
| Taxes | 450/3 | €12,614 | €12,294 | -€320 | -2.5% |
| Other amounts payable | 47/48 | €61,234 | €156,328 | +€95,094 | +155% |
| Turnover | 70 | €70,699 | - | -€70,699 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €35,482 | - | -€35,482 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €729 | €729 | = | 0.0% |
| Other operating charges | 640/8 | €1,391 | €566 | -€825 | -59.3% |
| Gross operating margin | 9900 | €35,217 | €2,472 | -€32,745 | -93.0% |
| Operating profit (loss) | 9901 | €33,098 | €1,177 | -€31,920 | -96.4% |
| Financial income | 75/76B | €38 | €0 | -€38 | -100% |
| Recurring financial income | 75 | €38 | €0 | -€38 | -100% |
| Financial charges | 65/66B | €1,432 | €1,038 | -€394 | -27.5% |
| Recurring financial charges | 65 | €1,432 | €1,038 | -€394 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €31,704 | €139 | -€31,564 | -99.6% |
| Income taxes | 67/77 | €11,000 | €90 | -€10,910 | -99.2% |
| Profit (loss) for the period | 9904 | €20,704 | €49 | -€20,655 | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,704 | €49 | -€20,655 | -99.8% |
Next steps
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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 8 November 2026 via checked.be.