Pure Holiday Projects: 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.
Pure Holiday Projects
Largest movements
- Tangible fixed assets -€384,351
down €384,351 (-29.1%), from €1.3m to €935,948
of which Land and buildings: -€382,437
- Stocks and contracts +€225,347
new in 2025: €225,347
- Cash +€67,042
up €67,042 (+1,550%), from €4,324 to €71,366
mainly Investment in fixed assets (net) (+€360,222) and Tax, wage and social debts (+€66,642)
- Debts after one year -€126,790
down €126,790 (-56.1%), from €225,985 to €99,195
- Tax, wage and social debts +€66,642
up €66,642 (+491%), from €13,578 to €80,220
- Other debts -€18,435
down €18,435 (-95.2%), from €19,356 to €921
- Current portion of long-term debt -€14,643
down €14,643 (-38.5%), from €38,021 to €23,378
- Gross operating margin -€26,865
down €26,865 (-44.0%), from €61,105 to €34,240
- Taxes -€25,606
down €25,606 (-96.5%), from €26,523 to €917
- Depreciation +€24,129
new in 2025: €24,129
- Other operating charges +€2,374
up €2,374 (+93.4%), from €2,542 to €4,916
- Financial charges +€1,339
up €1,339 (+29.1%), from €4,595 to €5,934
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 | €1,382,866 | €1,283,028 | -€99,838 | -7.2% |
| Fixed assets | 21/28 | €1,320,299 | €935,948 | -€384,351 | -29.1% |
| Tangible fixed assets | 22/27 | €1,320,299 | €935,948 | -€384,351 | -29.1% |
| Land and buildings | 22 | €1,310,728 | €928,291 | -€382,437 | -29.2% |
| Plant, machinery and equipment | 23 | €3,556 | €2,845 | -€711 | -20.0% |
| Furniture and vehicles | 24 | €6,015 | €4,812 | -€1,203 | -20.0% |
| Current assets | 29/58 | €62,567 | €347,080 | +€284,513 | +455% |
| Stocks and contracts in progress | 3 | - | €225,347 | +€225,347 | |
| Stocks | 30/36 | - | €225,347 | +€225,347 | |
| Amounts receivable within one year | 40/41 | €58,243 | €50,367 | -€7,876 | -13.5% |
| Trade receivables | 40 | €13,857 | €24,000 | +€10,143 | +73.2% |
| Other amounts receivable | 41 | €44,386 | €26,367 | -€18,019 | -40.6% |
| Cash at bank and in hand | 54/58 | €4,324 | €71,366 | +€67,042 | +1,550% |
| Total equity and liabilities | 10/49 | €1,382,866 | €1,283,028 | -€99,838 | -7.2% |
| Equity | 10/15 | €1,067,155 | €1,065,499 | -€1,656 | -0.2% |
| Contributions | 10/11 | €21,973 | €21,973 | = | 0.0% |
| Revaluation surpluses | 12 | €245,206 | €245,206 | = | 0.0% |
| Reserves | 13 | €799,976 | €799,976 | = | 0.0% |
| Non-distributable reserves | 130/1 | €36,882 | €36,882 | = | 0.0% |
| Reserves not available under the articles | 1311 | €36,882 | €36,882 | = | 0.0% |
| Distributable reserves | 133 | €763,094 | €763,094 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,656 | -€1,656 | |
| Amounts payable | 17/49 | €315,711 | €217,529 | -€98,182 | -31.1% |
| Amounts payable after more than one year | 17 | €225,985 | €99,195 | -€126,790 | -56.1% |
| Financial debts | 170/4 | €225,985 | €99,195 | -€126,790 | -56.1% |
| Amounts payable within one year | 42/48 | €89,726 | €118,334 | +€28,608 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €38,021 | €23,378 | -€14,643 | -38.5% |
| Trade debts | 44 | €18,771 | €13,815 | -€4,956 | -26.4% |
| Suppliers | 440/4 | €18,771 | €13,815 | -€4,956 | -26.4% |
| Taxes, remuneration and social security | 45 | €13,578 | €80,220 | +€66,642 | +491% |
| Taxes | 450/3 | €13,578 | €80,220 | +€66,642 | +491% |
| Other amounts payable | 47/48 | €19,356 | €921 | -€18,435 | -95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €24,129 | +€24,129 | |
| Other operating charges | 640/8 | €2,542 | €4,916 | +€2,374 | +93.4% |
| Gross operating margin | 9900 | €61,105 | €34,240 | -€26,865 | -44.0% |
| Operating profit (loss) | 9901 | €58,563 | €5,195 | -€53,368 | -91.1% |
| Financial income | 75/76B | €344 | - | -€344 | |
| Recurring financial income | 75 | €344 | - | -€344 | |
| Financial charges | 65/66B | €4,595 | €5,934 | +€1,339 | +29.1% |
| Recurring financial charges | 65 | €4,595 | €5,934 | +€1,339 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €54,312 | -€739 | -€55,051 | |
| Income taxes | 67/77 | €26,523 | €917 | -€25,606 | -96.5% |
| Profit (loss) for the period | 9904 | €27,789 | -€1,656 | -€29,445 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,789 | -€1,656 | -€29,445 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.