HOLOS by Vanessa: 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.
HOLOS by Vanessa
Largest movements
- Deferred charges and accrued income -€14,433
down €14,433 (-78.6%), from €18,366 to €3,933
- Receivables within one year -€10,550
down €10,550 (-58.6%), from €18,000 to €7,450
- Tangible fixed assets -€7,650
down €7,650 (-10.4%), from €73,253 to €65,603
of which Other tangible fixed assets: -€4,075
- Cash -€1,291
down €1,291 (-23.4%), from €5,518 to €4,227
mainly Advances received (-€17,887) and Debts after one year (-€11,958)
- Advances received -€17,887
down €17,887 (-80.5%), from €22,223 to €4,335
- Debts after one year -€11,958
down €11,958 (-16.8%), from €70,969 to €59,011
- Tax, wage and social debts -€3,769
down €3,769 (-44.8%), from €8,412 to €4,643
of which Remuneration and social security: -€4,800
- Trade debts -€3,439
down €3,439 (-86.0%), from €3,996 to €558
- Other debts +€2,098
up €2,098 (+56.4%), from €3,720 to €5,818
- Gross operating margin -€640
down €640 (-5.0%), from €12,845 to €12,206
- Other operating charges -€449
down €449 (-87.9%), from €511 to €62
- Taxes +€312
new in 2025: €312
- Financial charges -€261
down €261 (-9.3%), from €2,811 to €2,550
- Depreciation -€237
down €237 (-2.8%), from €8,320 to €8,084
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 | €119,995 | €86,654 | -€33,341 | -27.8% |
| Formation expenses | 20 | €867 | €434 | -€434 | -50.0% |
| Fixed assets | 21/28 | €73,253 | €65,603 | -€7,650 | -10.4% |
| Tangible fixed assets | 22/27 | €73,253 | €65,603 | -€7,650 | -10.4% |
| Plant, machinery and equipment | 23 | €4,287 | €2,666 | -€1,621 | -37.8% |
| Furniture and vehicles | 24 | €18 | - | -€18 | |
| Leasing and similar rights | 25 | €5,161 | €3,225 | -€1,936 | -37.5% |
| Other tangible fixed assets | 26 | €63,787 | €59,712 | -€4,075 | -6.4% |
| Current assets | 29/58 | €45,875 | €20,618 | -€25,257 | -55.1% |
| Stocks and contracts in progress | 3 | €3,991 | €5,008 | +€1,018 | +25.5% |
| Stocks | 30/36 | €3,991 | €5,008 | +€1,018 | +25.5% |
| Amounts receivable within one year | 40/41 | €18,000 | €7,450 | -€10,550 | -58.6% |
| Trade receivables | 40 | €18,000 | €7,450 | -€10,550 | -58.6% |
| Cash at bank and in hand | 54/58 | €5,518 | €4,227 | -€1,291 | -23.4% |
| Deferred charges and accrued income | 490/1 | €18,366 | €3,933 | -€14,433 | -78.6% |
| Total equity and liabilities | 10/49 | €119,995 | €86,654 | -€33,341 | -27.8% |
| Equity | 10/15 | €4,168 | €5,365 | +€1,198 | +28.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €266 | €365 | +€99 | +37.4% |
| Distributable reserves | 133 | €266 | €365 | +€99 | +37.4% |
| Profit (loss) carried forward | 14 | -€1,098 | - | +€1,098 | |
| Amounts payable | 17/49 | €115,827 | €81,289 | -€34,538 | -29.8% |
| Amounts payable after more than one year | 17 | €70,969 | €59,011 | -€11,958 | -16.8% |
| Financial debts | 170/4 | €70,969 | €59,011 | -€11,958 | -16.8% |
| Amounts payable within one year | 42/48 | €44,859 | €22,278 | -€22,580 | -50.3% |
| Current portion of amounts payable after more than one year | 42 | €6,508 | €6,924 | +€417 | +6.4% |
| Trade debts | 44 | €3,996 | €558 | -€3,439 | -86.0% |
| Suppliers | 440/4 | €3,996 | €558 | -€3,439 | -86.0% |
| Advances received on contracts in progress | 46 | €22,223 | €4,335 | -€17,887 | -80.5% |
| Taxes, remuneration and social security | 45 | €8,412 | €4,643 | -€3,769 | -44.8% |
| Taxes | 450/3 | €2,412 | €3,443 | +€1,031 | +42.7% |
| Remuneration and social security | 454/9 | €6,000 | €1,200 | -€4,800 | -80.0% |
| Other amounts payable | 47/48 | €3,720 | €5,818 | +€2,098 | +56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,320 | €8,084 | -€237 | -2.8% |
| Other operating charges | 640/8 | €511 | €62 | -€449 | -87.9% |
| Gross operating margin | 9900 | €12,845 | €12,206 | -€640 | -5.0% |
| Operating profit (loss) | 9901 | €4,014 | €4,060 | +€46 | +1.2% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €2,811 | €2,550 | -€261 | -9.3% |
| Recurring financial charges | 65 | €2,811 | €2,550 | -€261 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €1,207 | €1,510 | +€303 | +25.1% |
| Income taxes | 67/77 | - | €312 | +€312 | |
| Profit (loss) for the period | 9904 | €1,207 | €1,198 | -€10 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,207 | €1,198 | -€10 | -0.8% |
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 23 October 2026 via checked.be.