HOLTIM CONSULT: 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.
HOLTIM CONSULT
Largest movements
- Cash +€49,035
up €49,035 (+1482.9%), from €3,307 to €52,342
mainly Current investments (+€43,962) and Other debts (+€29,282)
- Current investments -€43,962
no longer reported in 2025 (was €43,962)
- Receivables within one year -€6,112
down €6,112 (-29.9%), from €20,432 to €14,320
of which Other amounts receivable: -€4,691
- Intangible fixed assets -€6,058
down €6,058 (-25.8%), from €23,459 to €17,401
- Deferred charges and accrued income -€4,626
down €4,626 (-90.0%), from €5,138 to €512
- Other debts +€29,282
up €29,282 (+160.7%), from €18,222 to €47,503
- Profit (loss) carried forward -€28,011
down €28,011 (-27.8%), from €100,928 to €72,917
- Trade debts -€10,631
no longer reported in 2025 (was €10,631)
- Accrued charges and deferred income -€1,996
down €1,996 (-72.5%), from €2,752 to €755
- Tax, wage and social debts +€1,830
new in 2025: €1,830
- Gross operating margin +€66,370
up €66,370, from -€32,783 to €33,587
- Financial income +€4,895
up €4,895 (+167.7%), from €2,918 to €7,814
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 | €151,132 | €142,204 | -€8,929 | -5.9% |
| Fixed assets | 21/28 | €78,294 | €75,029 | -€3,265 | -4.2% |
| Intangible fixed assets | 21 | €23,459 | €17,401 | -€6,058 | -25.8% |
| Tangible fixed assets | 22/27 | €54,834 | €57,628 | +€2,794 | +5.1% |
| Land and buildings | 22 | €33,286 | €28,595 | -€4,691 | -14.1% |
| Plant, machinery and equipment | 23 | €4,524 | €2,553 | -€1,971 | -43.6% |
| Furniture and vehicles | 24 | €11,524 | €20,980 | +€9,456 | +82.1% |
| Other tangible fixed assets | 26 | €5,500 | €5,500 | = | 0.0% |
| Current assets | 29/58 | €72,838 | €67,174 | -€5,664 | -7.8% |
| Amounts receivable within one year | 40/41 | €20,432 | €14,320 | -€6,112 | -29.9% |
| Trade receivables | 40 | €10,735 | €9,315 | -€1,420 | -13.2% |
| Other amounts receivable | 41 | €9,697 | €5,006 | -€4,691 | -48.4% |
| Current investments | 50/53 | €43,962 | - | -€43,962 | |
| Cash at bank and in hand | 54/58 | €3,307 | €52,342 | +€49,035 | +1482.9% |
| Deferred charges and accrued income | 490/1 | €5,138 | €512 | -€4,626 | -90.0% |
| Total equity and liabilities | 10/49 | €151,132 | €142,204 | -€8,929 | -5.9% |
| Equity | 10/15 | €119,528 | €91,517 | -€28,011 | -23.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,928 | €72,917 | -€28,011 | -27.8% |
| Amounts payable | 17/49 | €31,604 | €50,687 | +€19,083 | +60.4% |
| Amounts payable within one year | 42/48 | €28,852 | €49,931 | +€21,079 | +73.1% |
| Financial debts | 43 | - | €598 | +€598 | |
| Credit institutions | 430/8 | - | €598 | +€598 | |
| Trade debts | 44 | €10,631 | - | -€10,631 | |
| Suppliers | 440/4 | €10,631 | - | -€10,631 | |
| Taxes, remuneration and social security | 45 | - | €1,830 | +€1,830 | |
| Taxes | 450/3 | - | €1,830 | +€1,830 | |
| Other amounts payable | 47/48 | €18,222 | €47,503 | +€29,282 | +160.7% |
| Accrued charges and deferred income | 492/3 | €2,752 | €755 | -€1,996 | -72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,868 | €17,977 | +€108 | +0.6% |
| Other operating charges | 640/8 | €710 | €958 | +€248 | +34.9% |
| Gross operating margin | 9900 | -€32,783 | €33,587 | +€66,370 | |
| Operating profit (loss) | 9901 | -€51,362 | €14,652 | +€66,013 | |
| Financial income | 75/76B | €2,918 | €7,814 | +€4,895 | +167.7% |
| Recurring financial income | 75 | €2,918 | €7,814 | +€4,895 | +167.7% |
| Financial charges | 65/66B | €207 | €477 | +€270 | +130.7% |
| Recurring financial charges | 65 | €207 | €477 | +€270 | +130.7% |
| Profit (loss) for the period before taxes | 9903 | -€48,650 | €21,989 | +€70,639 | |
| Profit (loss) for the period | 9904 | -€48,650 | €21,989 | +€70,639 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,650 | €21,989 | +€70,639 |
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.