HOLT7: 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.
HOLT7
Largest movements
- Tangible fixed assets -€67,923
down €67,923 (-6.0%), from €1.1m to €1.1m
of which Land and buildings: -€45,681
- Receivables within one year -€63,520
down €63,520 (-37.1%), from €171,013 to €107,493
- Cash +€51,594
up €51,594 (+75.3%), from €68,528 to €120,122
mainly Debts after one year (+€145,519) and Depreciation (+€73,337)
- Trade debts -€214,462
down €214,462 (-99.6%), from €215,428 to €966
- Debts after one year +€145,519
up €145,519 (+25.7%), from €565,228 to €710,746
- Other debts -€15,066
down €15,066 (-36.7%), from €41,066 to €26,000
- Depreciation +€22,974
up €22,974 (+45.6%), from €50,363 to €73,337
- Gross operating margin -€7,514
down €7,514 (-5.1%), from €147,115 to €139,601
- Other operating charges -€6,136
down €6,136 (-35.5%), from €17,285 to €11,149
- Taxes -€5,641
down €5,641 (-37.0%), from €15,251 to €9,610
- Financial charges -€2,494
down €2,494 (-10.4%), from €23,890 to €21,396
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 | €1,389,992 | €1,310,144 | -€79,848 | -5.7% |
| Fixed assets | 21/28 | €1,150,452 | €1,082,529 | -€67,923 | -5.9% |
| Tangible fixed assets | 22/27 | €1,138,452 | €1,070,529 | -€67,923 | -6.0% |
| Land and buildings | 22 | €660,833 | €615,152 | -€45,681 | -6.9% |
| Furniture and vehicles | 24 | €7,983 | €10,984 | +€3,001 | +37.6% |
| Other tangible fixed assets | 26 | €469,636 | €444,393 | -€25,243 | -5.4% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €239,541 | €227,615 | -€11,925 | -5.0% |
| Amounts receivable within one year | 40/41 | €171,013 | €107,493 | -€63,520 | -37.1% |
| Other amounts receivable | 41 | €171,013 | €107,493 | -€63,520 | -37.1% |
| Cash at bank and in hand | 54/58 | €68,528 | €120,122 | +€51,594 | +75.3% |
| Total equity and liabilities | 10/49 | €1,389,992 | €1,310,144 | -€79,848 | -5.7% |
| Equity | 10/15 | €533,653 | €534,430 | +€777 | +0.1% |
| Reserves | 13 | €530,000 | €530,000 | = | 0.0% |
| Distributable reserves | 133 | €530,000 | €530,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,653 | €4,430 | +€777 | +21.3% |
| Amounts payable | 17/49 | €856,339 | €775,714 | -€80,625 | -9.4% |
| Amounts payable after more than one year | 17 | €565,228 | €710,746 | +€145,519 | +25.7% |
| Financial debts | 170/4 | €565,228 | €710,746 | +€145,519 | +25.7% |
| Amounts payable within one year | 42/48 | €291,112 | €64,967 | -€226,144 | -77.7% |
| Current portion of amounts payable after more than one year | 42 | €30,067 | €38,001 | +€7,934 | +26.4% |
| Trade debts | 44 | €215,428 | €966 | -€214,462 | -99.6% |
| Suppliers | 440/4 | €215,428 | €966 | -€214,462 | -99.6% |
| Taxes, remuneration and social security | 45 | €4,550 | - | -€4,550 | |
| Taxes | 450/3 | €4,550 | - | -€4,550 | |
| Other amounts payable | 47/48 | €41,066 | €26,000 | -€15,066 | -36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,363 | €73,337 | +€22,974 | +45.6% |
| Other operating charges | 640/8 | €17,285 | €11,149 | -€6,136 | -35.5% |
| Gross operating margin | 9900 | €147,115 | €139,601 | -€7,514 | -5.1% |
| Operating profit (loss) | 9901 | €79,466 | €55,115 | -€24,352 | -30.6% |
| Financial income | 75/76B | €1,293 | €2,668 | +€1,375 | +106% |
| Recurring financial income | 75 | €1,293 | €2,668 | +€1,375 | +106% |
| Financial charges | 65/66B | €23,890 | €21,396 | -€2,494 | -10.4% |
| Recurring financial charges | 65 | €23,890 | €21,396 | -€2,494 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €56,870 | €36,387 | -€20,483 | -36.0% |
| Income taxes | 67/77 | €15,251 | €9,610 | -€5,641 | -37.0% |
| Profit (loss) for the period | 9904 | €41,619 | €26,777 | -€14,842 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,619 | €26,777 | -€14,842 | -35.7% |
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 14 October 2026 via checked.be.