HOLSBEEK: 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.
HOLSBEEK
Largest movements
- Cash +€56,196
up €56,196 (+248.4%), from €22,625 to €78,821
mainly Net result for the year (+€55,697) and Receivables within one year (+€2,237)
- Deferred charges and accrued income +€3,876
up €3,876 (+196.5%), from €1,972 to €5,849
- Receivables within one year -€2,237
down €2,237 (-39.1%), from €5,718 to €3,481
of which Other amounts receivable: -€3,006
- Tangible fixed assets -€1,187
down €1,187 (-25.6%), from €4,628 to €3,441
- Profit (loss) carried forward +€54,864
up €54,864 (+233.1%), from €23,540 to €78,404
- Tax, wage and social debts +€1,344
up €1,344 (+135.5%), from €991 to €2,335
- Gross operating margin +€39,915
up €39,915 (+120.0%), from €33,267 to €73,182
- Taxes +€8,128
up €8,128 (+131.1%), from €6,200 to €14,328
- Depreciation -€1,733
down €1,733 (-65.9%), from €2,631 to €897
- Financial charges +€1,578
up €1,578 (+2478.2%), from €64 to €1,642
of which Financial charges: +€1,380
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.
Cash bridge derived
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 | €34,943 | €91,592 | +€56,649 | +162.1% |
| Fixed assets | 21/28 | €4,628 | €3,441 | -€1,187 | -25.6% |
| Tangible fixed assets | 22/27 | €4,628 | €3,441 | -€1,187 | -25.6% |
| Furniture and vehicles | 24 | €4,628 | €3,441 | -€1,187 | -25.6% |
| Current assets | 29/58 | €30,315 | €88,151 | +€57,836 | +190.8% |
| Amounts receivable within one year | 40/41 | €5,718 | €3,481 | -€2,237 | -39.1% |
| Trade receivables | 40 | €1,795 | €2,564 | +€769 | +42.8% |
| Other amounts receivable | 41 | €3,923 | €917 | -€3,006 | -76.6% |
| Cash at bank and in hand | 54/58 | €22,625 | €78,821 | +€56,196 | +248.4% |
| Deferred charges and accrued income | 490/1 | €1,972 | €5,849 | +€3,876 | +196.5% |
| Total equity and liabilities | 10/49 | €34,943 | €91,592 | +€56,649 | +162.1% |
| Equity | 10/15 | €28,540 | €83,404 | +€54,864 | +192.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,540 | €78,404 | +€54,864 | +233.1% |
| Amounts payable | 17/49 | €6,403 | €8,189 | +€1,786 | +27.9% |
| Amounts payable within one year | 42/48 | €6,403 | €8,189 | +€1,786 | +27.9% |
| Trade debts | 44 | €2,867 | €3,360 | +€494 | +17.2% |
| Suppliers | 440/4 | €2,867 | €3,360 | +€494 | +17.2% |
| Taxes, remuneration and social security | 45 | €991 | €2,335 | +€1,344 | +135.5% |
| Taxes | 450/3 | €991 | €2,335 | +€1,344 | +135.5% |
| Other amounts payable | 47/48 | €2,545 | €2,493 | -€52 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,631 | €897 | -€1,733 | -65.9% |
| Other operating charges | 640/8 | €849 | €618 | -€231 | -27.2% |
| Gross operating margin | 9900 | €33,267 | €73,182 | +€39,915 | +120.0% |
| Operating profit (loss) | 9901 | €29,788 | €71,667 | +€41,879 | +140.6% |
| Financial income | 75/76B | €16 | €0 | -€16 | -99.5% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -99.5% |
| Financial charges | 65/66B | €64 | €1,642 | +€1,578 | +2478.2% |
| Recurring financial charges | 65 | €64 | €1,444 | +€1,380 | +2167.7% |
| Non-recurring financial charges | 66B | - | €198 | +€198 | |
| Profit (loss) for the period before taxes | 9903 | €29,740 | €70,025 | +€40,285 | +135.5% |
| Income taxes | 67/77 | €6,200 | €14,328 | +€8,128 | +131.1% |
| Profit (loss) for the period | 9904 | €23,540 | €55,697 | +€32,156 | +136.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,540 | €55,697 | +€32,156 | +136.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.