HOLSPEED: 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.
HOLSPEED
Largest movements
- Deferred charges and accrued income +€4,692
up €4,692 (+1538.4%), from €305 to €4,997
- Receivables within one year +€2,561
up €2,561 (+54.1%), from €4,735 to €7,295
of which Other amounts receivable: +€1,828
- Cash +€1,305
up €1,305 (+72.7%), from €1,795 to €3,101
mainly Trade debts (+€7,498) and Net result for the year (+€3,033)
- Tangible fixed assets -€646
down €646 (-88.5%), from €731 to €84
- Trade debts +€7,498
up €7,498 (+742.7%), from €1,010 to €8,508
- Other debts -€3,836
no longer reported in 2025 (was €3,836)
- Profit (loss) carried forward +€3,033
up €3,033 (+41.4%), from -€7,330 to -€4,296
- Tax, wage and social debts +€1,216
up €1,216 (+16.1%), from €7,550 to €8,766
- Gross operating margin +€6,548
up €6,548, from -€832 to €5,716
- Other operating charges +€1,984
up €1,984 (+340.6%), from €582 to €2,566
- Write-downs -€1,921
new in 2025: -€1,921
- Taxes +€1,211
new in 2025: €1,211
- Financial charges -€294
down €294 (-62.0%), from €474 to €180
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 | €7,565 | €15,477 | +€7,912 | +104.6% |
| Fixed assets | 21/28 | €731 | €84 | -€646 | -88.5% |
| Tangible fixed assets | 22/27 | €731 | €84 | -€646 | -88.5% |
| Furniture and vehicles | 24 | €731 | €84 | -€646 | -88.5% |
| Current assets | 29/58 | €6,835 | €15,393 | +€8,558 | +125.2% |
| Amounts receivable within one year | 40/41 | €4,735 | €7,295 | +€2,561 | +54.1% |
| Trade receivables | 40 | €4,727 | €5,460 | +€732 | +15.5% |
| Other amounts receivable | 41 | €7 | €1,836 | +€1,828 | +24842.5% |
| Cash at bank and in hand | 54/58 | €1,795 | €3,101 | +€1,305 | +72.7% |
| Deferred charges and accrued income | 490/1 | €305 | €4,997 | +€4,692 | +1538.4% |
| Total equity and liabilities | 10/49 | €7,565 | €15,477 | +€7,912 | +104.6% |
| Equity | 10/15 | -€4,830 | -€1,796 | +€3,033 | +62.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,330 | -€4,296 | +€3,033 | +41.4% |
| Amounts payable | 17/49 | €12,395 | €17,274 | +€4,878 | +39.4% |
| Amounts payable within one year | 42/48 | €12,395 | €17,274 | +€4,878 | +39.4% |
| Trade debts | 44 | €1,010 | €8,508 | +€7,498 | +742.7% |
| Suppliers | 440/4 | €1,010 | €8,508 | +€7,498 | +742.7% |
| Taxes, remuneration and social security | 45 | €7,550 | €8,766 | +€1,216 | +16.1% |
| Taxes | 450/3 | €7,550 | €8,766 | +€1,216 | +16.1% |
| Other amounts payable | 47/48 | €3,836 | - | -€3,836 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €749 | €646 | -€102 | -13.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,921 | -€1,921 | |
| Other operating charges | 640/8 | €582 | €2,566 | +€1,984 | +340.6% |
| Gross operating margin | 9900 | -€832 | €5,716 | +€6,548 | |
| Operating profit (loss) | 9901 | -€2,163 | €4,424 | +€6,587 | |
| Financial income | 75/76B | €145 | €1 | -€145 | -99.6% |
| Recurring financial income | 75 | €145 | €1 | -€145 | -99.6% |
| Financial charges | 65/66B | €474 | €180 | -€294 | -62.0% |
| Recurring financial charges | 65 | €474 | €180 | -€294 | -62.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,492 | €4,244 | +€6,736 | |
| Income taxes | 67/77 | - | €1,211 | +€1,211 | |
| Profit (loss) for the period | 9904 | -€2,492 | €3,033 | +€5,526 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,492 | €3,033 | +€5,526 |
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 1 October 2026 via checked.be.