The Fine Holidays: what changed
The Fine Holidays
Largest movements
- Tangible fixed assets -€7,276
down €7,276 (-8.0%), from €90,445 to €83,169
of which Land and buildings: -€4,612
- Cash +€2,681
up €2,681 (+193%), from €1,390 to €4,072
mainly Depreciation (+€9,093) and Other debts (+€3,315)
- Profit (loss) carried forward -€8,065
down €8,065 (-20.0%), from -€40,421 to -€48,486
- Other debts +€3,315
up €3,315 (+2.8%), from €119,942 to €123,258
- Gross operating margin +€1,267
up €1,267 (+166%), from €762 to €2,029
- Other operating charges +€315
up €315 (+53.7%), from €587 to €902
- Depreciation +€219
up €219 (+2.5%), from €8,874 to €9,093
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,244 | €87,698 | -€4,546 | -4.9% |
| Fixed assets | 21/28 | €90,445 | €83,169 | -€7,276 | -8.0% |
| Tangible fixed assets | 22/27 | €90,445 | €83,169 | -€7,276 | -8.0% |
| Land and buildings | 22 | €79,858 | €75,246 | -€4,612 | -5.8% |
| Plant, machinery and equipment | 23 | €10,587 | €7,923 | -€2,665 | -25.2% |
| Current assets | 29/58 | €1,799 | €4,529 | +€2,730 | +152% |
| Amounts receivable within one year | 40/41 | €189 | €222 | +€33 | +17.5% |
| Other amounts receivable | 41 | €189 | €222 | +€33 | +17.5% |
| Cash at bank and in hand | 54/58 | €1,390 | €4,072 | +€2,681 | +193% |
| Deferred charges and accrued income | 490/1 | €219 | €235 | +€16 | +7.1% |
| Total equity and liabilities | 10/49 | €92,244 | €87,698 | -€4,546 | -4.9% |
| Equity | 10/15 | -€28,421 | -€36,486 | -€8,065 | -28.4% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,421 | -€48,486 | -€8,065 | -20.0% |
| Amounts payable | 17/49 | €120,665 | €124,184 | +€3,518 | +2.9% |
| Amounts payable within one year | 42/48 | €120,556 | €124,184 | +€3,628 | +3.0% |
| Trade debts | 44 | €387 | €700 | +€312 | +80.6% |
| Suppliers | 440/4 | €387 | €700 | +€312 | +80.6% |
| Taxes, remuneration and social security | 45 | €226 | €226 | = | 0.0% |
| Taxes | 450/3 | €226 | €226 | = | 0.0% |
| Other amounts payable | 47/48 | €119,942 | €123,258 | +€3,315 | +2.8% |
| Accrued charges and deferred income | 492/3 | €110 | - | -€110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,874 | €9,093 | +€219 | +2.5% |
| Other operating charges | 640/8 | €587 | €902 | +€315 | +53.7% |
| Gross operating margin | 9900 | €762 | €2,029 | +€1,267 | +166% |
| Operating profit (loss) | 9901 | -€8,699 | -€7,966 | +€733 | +8.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €101 | €100 | -€1 | -0.9% |
| Recurring financial charges | 65 | €101 | €100 | -€1 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,800 | -€8,065 | +€735 | +8.4% |
| Profit (loss) for the period | 9904 | -€8,800 | -€8,065 | +€735 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,800 | -€8,065 | +€735 | +8.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.