HOLMY: 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.
HOLMY
Largest movements
- Financial fixed assets +€5.0m
up €5.0m (+215%), from €2.3m to €7.3m
- Receivables within one year -€560,547
down €560,547 (-50.7%), from €1.1m to €545,433
of which Other amounts receivable: -€502,534
- Cash +€422,848
up €422,848 (+166%), from €254,573 to €677,421
mainly Debts after one year (+€4.5m) and Receivables within one year (+€560,547)
- Debts after one year +€4.5m
new in 2025: €4.5m
- Profit (loss) carried forward +€197,906
up €197,906 (+27.9%), from €709,381 to €907,287
- Other debts +€100,000
up €100,000 (+6.9%), from €1.5m to €1.6m
- Financial income +€174,639
up €174,639 (+116%), from €150,000 to €324,639
- Financial charges +€77,130
up €77,130 (+30,039%), from €257 to €77,387
of which Non-recurring financial charges: +€52,000
- Services and other goods -€2,850
down €2,850 (-1.6%), from €180,520 to €177,670
- Other operating charges +€2,711
up €2,711 (+132%), from €2,050 to €4,761
- Turnover +€1,707
up €1,707 (+1.3%), from €132,094 to €133,800
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.
Derived cash bridge
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 | €3,680,080 | €8,515,456 | +€4.8m | +131% |
| Fixed assets | 21/28 | €2,316,488 | €7,282,514 | +€5.0m | +214% |
| Tangible fixed assets | 22/27 | €1,429 | €715 | -€715 | -50.0% |
| Furniture and vehicles | 24 | €1,429 | €715 | -€715 | -50.0% |
| Financial fixed assets | 28 | €2,315,059 | €7,281,799 | +€5.0m | +215% |
| Affiliated companies | 280/1 | €2,315,059 | €7,281,799 | +€5.0m | +215% |
| Participating interests | 280 | €2,315,059 | €7,281,799 | +€5.0m | +215% |
| Current assets | 29/58 | €1,363,592 | €1,232,942 | -€130,649 | -9.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,105,980 | €545,433 | -€560,547 | -50.7% |
| Trade receivables | 40 | €219,912 | €161,898 | -€58,013 | -26.4% |
| Other amounts receivable | 41 | €886,069 | €383,535 | -€502,534 | -56.7% |
| Cash at bank and in hand | 54/58 | €254,573 | €677,421 | +€422,848 | +166% |
| Deferred charges and accrued income | 490/1 | €3,038 | €10,088 | +€7,050 | +232% |
| Total equity and liabilities | 10/49 | €3,680,080 | €8,515,456 | +€4.8m | +131% |
| Equity | 10/15 | €2,195,381 | €2,393,287 | +€197,906 | +9.0% |
| Contributions | 10/11 | €1,450,000 | €1,450,000 | = | 0.0% |
| Reserves | 13 | €36,000 | €36,000 | = | 0.0% |
| Distributable reserves | 133 | €36,000 | €36,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €709,381 | €907,287 | +€197,906 | +27.9% |
| Amounts payable | 17/49 | €1,484,699 | €6,122,169 | +€4.6m | +312% |
| Amounts payable after more than one year | 17 | - | €4,500,000 | +€4.5m | |
| Financial debts | 170/4 | - | €4,500,000 | +€4.5m | |
| Other loans | 174 | - | €4,500,000 | +€4.5m | |
| Amounts payable within one year | 42/48 | €1,484,699 | €1,598,956 | +€114,256 | +7.7% |
| Trade debts | 44 | €33,877 | €41,251 | +€7,374 | +21.8% |
| Suppliers | 440/4 | €33,877 | €41,251 | +€7,374 | +21.8% |
| Taxes, remuneration and social security | 45 | €128 | €7,010 | +€6,882 | +5,387% |
| Taxes | 450/3 | €128 | €7,010 | +€6,882 | +5,387% |
| Other amounts payable | 47/48 | €1,450,694 | €1,550,694 | +€100,000 | +6.9% |
| Accrued charges and deferred income | 492/3 | - | €23,214 | +€23,214 | |
| Operating income | 70/76A | €132,094 | €133,800 | +€1,707 | +1.3% |
| Turnover | 70 | €132,094 | €133,800 | +€1,707 | +1.3% |
| Operating charges | 60/66A | €183,285 | €183,146 | -€138 | -0.1% |
| Services and other goods | 61 | €180,520 | €177,670 | -€2,850 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €715 | €715 | = | 0.0% |
| Other operating charges | 640/8 | €2,050 | €4,761 | +€2,711 | +132% |
| Operating profit (loss) | 9901 | -€51,191 | -€49,346 | +€1,845 | +3.6% |
| Financial income | 75/76B | €150,000 | €324,639 | +€174,639 | +116% |
| Recurring financial income | 75 | €150,000 | €324,639 | +€174,639 | +116% |
| Income from financial fixed assets | 750 | €150,000 | €324,639 | +€174,639 | +116% |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €257 | €77,387 | +€77,130 | +30,039% |
| Recurring financial charges | 65 | €257 | €25,387 | +€25,130 | +9,787% |
| Debt charges | 650 | €26 | €23,214 | +€23,188 | +89,633% |
| Other financial charges | 652/9 | €231 | €2,173 | +€1,942 | +841% |
| Non-recurring financial charges | 66B | - | €52,000 | +€52,000 | |
| Profit (loss) for the period before taxes | 9903 | €98,552 | €197,906 | +€99,354 | +101% |
| Profit (loss) for the period | 9904 | €98,552 | €197,906 | +€99,354 | +101% |
| Profit (loss) for the period to be appropriated | 9905 | €98,552 | €197,906 | +€99,354 | +101% |
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 18 October 2026 via checked.be.