HOLYMAR: 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.
HOLYMAR
Largest movements
- Tangible fixed assets -€42,835
down €42,835 (-37.7%), from €113,630 to €70,795
of which Plant, machinery and equipment: -€37,004
- Receivables within one year +€34,217
up €34,217 (+73.3%), from €46,697 to €80,914
of which Trade receivables: +€30,362
- Current investments +€5,000
up €5,000 (+2.6%), from €195,000 to €200,000
- Tax, wage and social debts -€105,810
down €105,810 (-83.1%), from €127,274 to €21,464
of which Taxes: -€59,033
- Other debts +€90,493
up €90,493 (+135.4%), from €66,828 to €157,321
- Trade debts +€51,969
up €51,969 (+208.9%), from €24,880 to €76,849
- Profit (loss) carried forward -€46,669
down €46,669 (-94.7%), from -€49,287 to -€95,956
- Write-downs +€25,097
new in 2024: €25,097
- Depreciation -€17,459
down €17,459 (-62.5%), from €27,932 to €10,473
- Gross operating margin +€9,175
up €9,175 (+65.0%), from -€14,120 to -€4,945
- Taxes -€2,045
no longer reported in 2024 (was €2,045)
- Staff costs -€1,402
down €1,402 (-41.7%), from €3,363 to €1,961
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €361,801 | €351,785 | -€10,016 | -2.8% |
| Fixed assets | 21/28 | €115,785 | €70,795 | -€44,990 | -38.9% |
| Intangible fixed assets | 21 | €2,155 | - | -€2,155 | |
| Tangible fixed assets | 22/27 | €113,630 | €70,795 | -€42,835 | -37.7% |
| Plant, machinery and equipment | 23 | €43,802 | €6,798 | -€37,004 | -84.5% |
| Furniture and vehicles | 24 | €13,592 | €5,781 | -€7,811 | -57.5% |
| Other tangible fixed assets | 26 | €5,554 | €7,533 | +€1,979 | +35.6% |
| Assets under construction and advance payments | 27 | €50,683 | €50,683 | +€0 | 0.0% |
| Current assets | 29/58 | €246,016 | €280,989 | +€34,973 | +14.2% |
| Amounts receivable within one year | 40/41 | €46,697 | €80,914 | +€34,217 | +73.3% |
| Trade receivables | 40 | €45,661 | €76,022 | +€30,362 | +66.5% |
| Other amounts receivable | 41 | €1,037 | €4,892 | +€3,855 | +371.8% |
| Current investments | 50/53 | €195,000 | €200,000 | +€5,000 | +2.6% |
| Cash at bank and in hand | 54/58 | €2,685 | €75 | -€2,610 | -97.2% |
| Deferred charges and accrued income | 490/1 | €1,634 | - | -€1,634 | |
| Total equity and liabilities | 10/49 | €361,801 | €351,785 | -€10,016 | -2.8% |
| Equity | 10/15 | €142,819 | €96,150 | -€46,669 | -32.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €189,106 | €189,106 | +€0 | 0.0% |
| Distributable reserves | 133 | €189,106 | €189,106 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€49,287 | -€95,956 | -€46,669 | -94.7% |
| Amounts payable | 17/49 | €218,982 | €255,634 | +€36,652 | +16.7% |
| Amounts payable within one year | 42/48 | €218,982 | €255,634 | +€36,652 | +16.7% |
| Trade debts | 44 | €24,880 | €76,849 | +€51,969 | +208.9% |
| Suppliers | 440/4 | €24,880 | €76,849 | +€51,969 | +208.9% |
| Taxes, remuneration and social security | 45 | €127,274 | €21,464 | -€105,810 | -83.1% |
| Taxes | 450/3 | €80,497 | €21,464 | -€59,033 | -73.3% |
| Remuneration and social security | 454/9 | €46,777 | - | -€46,777 | |
| Other amounts payable | 47/48 | €66,828 | €157,321 | +€90,493 | +135.4% |
| Non-recurring operating income | 76A | - | €27,522 | +€27,522 | |
| Remuneration, social security and pensions | 62 | €3,363 | €1,961 | -€1,402 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,932 | €10,473 | -€17,459 | -62.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €25,097 | +€25,097 | |
| Other operating charges | 640/8 | €1,078 | €2,156 | +€1,078 | +99.9% |
| Non-recurring operating charges | 66A | €165 | €1,130 | +€965 | +583.7% |
| Gross operating margin | 9900 | -€14,120 | -€4,945 | +€9,175 | +65.0% |
| Operating profit (loss) | 9901 | -€46,659 | -€45,762 | +€897 | +1.9% |
| Financial income | 75/76B | €248 | €159 | -€89 | -35.8% |
| Recurring financial income | 75 | €248 | €159 | -€89 | -35.8% |
| Financial charges | 65/66B | €831 | €1,065 | +€234 | +28.2% |
| Recurring financial charges | 65 | €831 | €1,065 | +€234 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | -€47,242 | -€46,669 | +€573 | +1.2% |
| Income taxes | 67/77 | €2,045 | - | -€2,045 | |
| Profit (loss) for the period | 9904 | -€49,287 | -€46,669 | +€2,618 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,287 | -€46,669 | +€2,618 | +5.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.