HOLYSTROM: 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.
HOLYSTROM
Largest movements
- Receivables within one year +€62,966
up €62,966 (+1,036%), from €6,077 to €69,043
of which Trade receivables: +€65,946
- Cash +€18,842
up €18,842 (+121%), from €15,522 to €34,364
mainly Other debts (+€49,000) and Trade debts (+€25,514)
- Deferred charges and accrued income -€1,542
down €1,542 (-89.4%), from €1,724 to €182
- Stocks and contracts -€1,178
down €1,178 (-13.6%), from €8,689 to €7,511
- Other debts +€49,000
up €49,000 (+234%), from €20,932 to €69,932
- Trade debts +€25,514
up €25,514 (+59.0%), from €43,279 to €68,793
- Tax, wage and social debts +€7,148
up €7,148 (+941%), from €760 to €7,908
- Profit (loss) carried forward -€2,865
down €2,865 (-3.7%), from -€76,910 to -€79,775
- Gross operating margin +€65,658
up €65,658 (+97.7%), from -€67,180 to -€1,522
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 | €32,304 | €111,101 | +€78,797 | +244% |
| Fixed assets | 21/28 | €291 | - | -€291 | |
| Tangible fixed assets | 22/27 | €291 | - | -€291 | |
| Furniture and vehicles | 24 | €291 | - | -€291 | |
| Current assets | 29/58 | €32,013 | €111,101 | +€79,088 | +247% |
| Stocks and contracts in progress | 3 | €8,689 | €7,511 | -€1,178 | -13.6% |
| Stocks | 30/36 | €8,689 | €7,511 | -€1,178 | -13.6% |
| Amounts receivable within one year | 40/41 | €6,077 | €69,043 | +€62,966 | +1,036% |
| Trade receivables | 40 | €3,096 | €69,043 | +€65,946 | +2,130% |
| Other amounts receivable | 41 | €2,981 | - | -€2,981 | |
| Cash at bank and in hand | 54/58 | €15,522 | €34,364 | +€18,842 | +121% |
| Deferred charges and accrued income | 490/1 | €1,724 | €182 | -€1,542 | -89.4% |
| Total equity and liabilities | 10/49 | €32,304 | €111,101 | +€78,797 | +244% |
| Equity | 10/15 | -€32,668 | -€35,533 | -€2,865 | -8.8% |
| Contributions | 10/11 | €42,382 | €42,382 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,910 | -€79,775 | -€2,865 | -3.7% |
| Amounts payable | 17/49 | €64,971 | €146,633 | +€81,662 | +126% |
| Amounts payable within one year | 42/48 | €64,971 | €146,633 | +€81,662 | +126% |
| Trade debts | 44 | €43,279 | €68,793 | +€25,514 | +59.0% |
| Suppliers | 440/4 | €43,279 | €68,793 | +€25,514 | +59.0% |
| Taxes, remuneration and social security | 45 | €760 | €7,908 | +€7,148 | +941% |
| Taxes | 450/3 | €760 | €7,908 | +€7,148 | +941% |
| Other amounts payable | 47/48 | €20,932 | €69,932 | +€49,000 | +234% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €457 | €291 | -€166 | -36.4% |
| Other operating charges | 640/8 | €540 | €608 | +€68 | +12.6% |
| Gross operating margin | 9900 | -€67,180 | -€1,522 | +€65,658 | +97.7% |
| Operating profit (loss) | 9901 | -€68,178 | -€2,421 | +€65,757 | +96.4% |
| Financial income | 75/76B | €4 | €5 | +€2 | +46.1% |
| Recurring financial income | 75 | €4 | €5 | +€2 | +46.1% |
| Financial charges | 65/66B | €516 | €449 | -€67 | -12.9% |
| Recurring financial charges | 65 | €516 | €449 | -€67 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€68,690 | -€2,865 | +€65,825 | +95.8% |
| Profit (loss) for the period | 9904 | -€68,690 | -€2,865 | +€65,825 | +95.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€68,690 | -€2,865 | +€65,825 | +95.8% |
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 30 October 2026 via checked.be.