HOLOS ENERGY SYSTEMS: 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 ENERGY SYSTEMS
Largest movements
- Stocks and contracts +€45,060
up €45,060 (+148%), from €30,500 to €75,560
- Receivables within one year -€38,035
down €38,035 (-44.3%), from €85,949 to €47,914
of which Trade receivables: -€46,078
- Tangible fixed assets +€17,845
new in 2025: €17,845
of which Plant, machinery and equipment: +€15,416
- Cash +€12,908
up €12,908 (+58.8%), from €21,956 to €34,864
mainly Receivables within one year (+€38,035) and Trade debts (+€20,634)
- Trade debts +€20,634
up €20,634 (+38.6%), from €53,468 to €74,102
- Tax, wage and social debts +€15,312
up €15,312 (+2,521%), from €607 to €15,919
of which Taxes: +€15,919
- Profit (loss) carried forward +€5,467
up €5,467 (+31.8%), from €17,206 to €22,673
- Accrued charges and deferred income -€3,013
no longer reported in 2025 (was €3,013)
- Gross operating margin +€30,047
up €30,047, from -€6,673 to €23,374
- Staff costs +€8,710
up €8,710 (+1,434%), from €607 to €9,317
- Write-downs +€4,992
new in 2025: €4,992
- Taxes +€1,695
up €1,695 (+67,535%), from €3 to €1,698
- Financial income +€635
up €635 (+77,487%), from €1 to €636
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 | €139,265 | €177,520 | +€38,254 | +27.5% |
| Fixed assets | 21/28 | €860 | €19,182 | +€18,321 | +2,129% |
| Intangible fixed assets | 21 | €860 | - | -€860 | |
| Tangible fixed assets | 22/27 | - | €17,845 | +€17,845 | |
| Plant, machinery and equipment | 23 | - | €15,416 | +€15,416 | |
| Furniture and vehicles | 24 | - | €2,430 | +€2,430 | |
| Financial fixed assets | 28 | - | €1,337 | +€1,337 | |
| Current assets | 29/58 | €138,405 | €158,338 | +€19,933 | +14.4% |
| Stocks and contracts in progress | 3 | €30,500 | €75,560 | +€45,060 | +148% |
| Stocks | 30/36 | €30,500 | €75,560 | +€45,060 | +148% |
| Amounts receivable within one year | 40/41 | €85,949 | €47,914 | -€38,035 | -44.3% |
| Trade receivables | 40 | €85,690 | €39,612 | -€46,078 | -53.8% |
| Other amounts receivable | 41 | €259 | €8,302 | +€8,044 | +3,109% |
| Cash at bank and in hand | 54/58 | €21,956 | €34,864 | +€12,908 | +58.8% |
| Total equity and liabilities | 10/49 | €139,265 | €177,520 | +€38,254 | +27.5% |
| Equity | 10/15 | €37,206 | €42,673 | +€5,467 | +14.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,206 | €22,673 | +€5,467 | +31.8% |
| Amounts payable | 17/49 | €102,059 | €134,846 | +€32,788 | +32.1% |
| Amounts payable within one year | 42/48 | €99,046 | €134,846 | +€35,800 | +36.1% |
| Trade debts | 44 | €53,468 | €74,102 | +€20,634 | +38.6% |
| Suppliers | 440/4 | €53,468 | €74,102 | +€20,634 | +38.6% |
| Taxes, remuneration and social security | 45 | €607 | €15,919 | +€15,312 | +2,521% |
| Taxes | 450/3 | - | €15,919 | +€15,919 | |
| Remuneration and social security | 454/9 | €607 | - | -€607 | |
| Other amounts payable | 47/48 | €44,971 | €44,825 | -€146 | -0.3% |
| Accrued charges and deferred income | 492/3 | €3,013 | - | -€3,013 | |
| Remuneration, social security and pensions | 62 | €607 | €9,317 | +€8,710 | +1,434% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,517 | €1,985 | +€468 | +30.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,992 | +€4,992 | |
| Gross operating margin | 9900 | -€6,673 | €23,374 | +€30,047 | |
| Operating profit (loss) | 9901 | -€8,797 | €7,080 | +€15,877 | |
| Financial income | 75/76B | €1 | €636 | +€635 | +77,487% |
| Recurring financial income | 75 | €1 | €636 | +€635 | +77,487% |
| Financial charges | 65/66B | €75 | €551 | +€477 | +637% |
| Recurring financial charges | 65 | €75 | €551 | +€477 | +637% |
| Profit (loss) for the period before taxes | 9903 | -€8,871 | €7,164 | +€16,036 | |
| Income taxes | 67/77 | €3 | €1,698 | +€1,695 | +67,535% |
| Profit (loss) for the period | 9904 | -€8,874 | €5,467 | +€14,341 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,874 | €5,467 | +€14,341 |
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 28 October 2026 via checked.be.