HOLYLAND: 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.
HOLYLAND
Largest movements
- Receivables within one year -€14,561
down €14,561 (-64.2%), from €22,686 to €8,125
of which Trade receivables: -€14,537
- Stocks and contracts -€11,918
down €11,918 (-31.2%), from €38,221 to €26,302
- Current portion of long-term debt -€10,031
no longer reported in 2025 (was €10,031)
- Debts after one year -€7,785
no longer reported in 2025 (was €7,785)
- Tax, wage and social debts -€7,404
no longer reported in 2025 (was €7,404)
- Trade debts -€3,810
no longer reported in 2025 (was €3,810)
- Reserves +€2,497
up €2,497 (+12.8%), from €19,520 to €22,017
of which Distributable reserves: +€2,497
- Gross operating margin -€8,958
down €8,958 (-60.6%), from €14,779 to €5,821
- Financial charges -€509
down €509 (-27.8%), from €1,829 to €1,320
- Other operating charges +€443
up €443 (+65.6%), from €675 to €1,118
- Taxes -€397
down €397 (-28.4%), from €1,399 to €1,002
- Staff costs +€336
new in 2025: €336
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 | €71,377 | €44,743 | -€26,634 | -37.3% |
| Fixed assets | 21/28 | €8,400 | €8,400 | = | 0.0% |
| Financial fixed assets | 28 | €8,400 | €8,400 | = | 0.0% |
| Current assets | 29/58 | €62,977 | €36,343 | -€26,634 | -42.3% |
| Stocks and contracts in progress | 3 | €38,221 | €26,302 | -€11,918 | -31.2% |
| Stocks | 30/36 | €38,221 | €26,302 | -€11,918 | -31.2% |
| Amounts receivable within one year | 40/41 | €22,686 | €8,125 | -€14,561 | -64.2% |
| Trade receivables | 40 | €14,537 | - | -€14,537 | |
| Other amounts receivable | 41 | €8,150 | €8,125 | -€25 | -0.3% |
| Cash at bank and in hand | 54/58 | €1,826 | €1,916 | +€90 | +4.9% |
| Deferred charges and accrued income | 490/1 | €245 | - | -€245 | |
| Total equity and liabilities | 10/49 | €71,377 | €44,743 | -€26,634 | -37.3% |
| Equity | 10/15 | €38,120 | €40,617 | +€2,497 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,520 | €22,017 | +€2,497 | +12.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,660 | €20,157 | +€2,497 | +14.1% |
| Amounts payable | 17/49 | €33,257 | €4,126 | -€29,131 | -87.6% |
| Amounts payable after more than one year | 17 | €7,785 | - | -€7,785 | |
| Financial debts | 170/4 | €7,785 | - | -€7,785 | |
| Amounts payable within one year | 42/48 | €25,472 | €4,126 | -€21,347 | -83.8% |
| Current portion of amounts payable after more than one year | 42 | €10,031 | - | -€10,031 | |
| Financial debts | 43 | €4,227 | €4,126 | -€102 | -2.4% |
| Credit institutions | 430/8 | €4,227 | €4,126 | -€102 | -2.4% |
| Trade debts | 44 | €3,810 | - | -€3,810 | |
| Suppliers | 440/4 | €3,810 | - | -€3,810 | |
| Taxes, remuneration and social security | 45 | €7,404 | - | -€7,404 | |
| Taxes | 450/3 | €7,404 | - | -€7,404 | |
| Remuneration, social security and pensions | 62 | - | €336 | +€336 | |
| Other operating charges | 640/8 | €675 | €1,118 | +€443 | +65.6% |
| Non-recurring operating charges | 66A | €9,398 | - | -€9,398 | |
| Gross operating margin | 9900 | €14,779 | €5,821 | -€8,958 | -60.6% |
| Operating profit (loss) | 9901 | €4,706 | €4,368 | -€338 | -7.2% |
| Financial income | 75/76B | €254 | €451 | +€198 | +77.9% |
| Recurring financial income | 75 | €254 | €451 | +€198 | +77.9% |
| Financial charges | 65/66B | €1,829 | €1,320 | -€509 | -27.8% |
| Recurring financial charges | 65 | €1,829 | €1,320 | -€509 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €3,130 | €3,499 | +€368 | +11.8% |
| Income taxes | 67/77 | €1,399 | €1,002 | -€397 | -28.4% |
| Profit (loss) for the period | 9904 | €1,731 | €2,497 | +€766 | +44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,731 | €2,497 | +€766 | +44.2% |
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 23 October 2026 via checked.be.