HoLa: 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.
HoLa
Largest movements
- Cash +€3,016
up €3,016 (+277%), from €1,090 to €4,105
mainly Net result for the year (+€2,429) and Tax, wage and social debts (+€468)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€1,603
up €1,603 (+94.8%), from €1,692 to €3,295
- Taxes +€272
up €272 (+4,272%), from €6 to €279
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 | €241,971 | €245,041 | +€3,070 | +1.3% |
| Fixed assets | 21/28 | €127,547 | €127,547 | = | 0.0% |
| Tangible fixed assets | 22/27 | €127,125 | €127,125 | = | 0.0% |
| Land and buildings | 22 | €127,125 | €127,125 | = | 0.0% |
| Financial fixed assets | 28 | €421 | €421 | = | 0.0% |
| Current assets | 29/58 | €114,424 | €117,494 | +€3,070 | +2.7% |
| Amounts receivable within one year | 40/41 | €113,334 | €113,389 | +€54 | 0.0% |
| Trade receivables | 40 | €4,899 | €4,981 | +€82 | +1.7% |
| Other amounts receivable | 41 | €108,435 | €108,408 | -€28 | 0.0% |
| Cash at bank and in hand | 54/58 | €1,090 | €4,105 | +€3,016 | +277% |
| Total equity and liabilities | 10/49 | €241,971 | €245,041 | +€3,070 | +1.3% |
| Equity | 10/15 | €126,971 | €129,400 | +€2,429 | +1.9% |
| Contributions | 10/11 | €37,185 | €37,185 | = | 0.0% |
| Reserves | 13 | €89,786 | €92,215 | +€2,429 | +2.7% |
| Distributable reserves | 133 | €89,786 | €92,215 | +€2,429 | +2.7% |
| Amounts payable | 17/49 | €115,000 | €115,641 | +€641 | +0.6% |
| Amounts payable within one year | 42/48 | €115,000 | €115,641 | +€641 | +0.6% |
| Taxes, remuneration and social security | 45 | - | €468 | +€468 | |
| Taxes | 450/3 | - | €468 | +€468 | |
| Other amounts payable | 47/48 | €115,000 | €115,173 | +€173 | +0.2% |
| Other operating charges | 640/8 | €512 | €521 | +€9 | +1.7% |
| Gross operating margin | 9900 | €1,692 | €3,295 | +€1,603 | +94.8% |
| Operating profit (loss) | 9901 | €1,179 | €2,774 | +€1,595 | +135% |
| Financial charges | 65/66B | €65 | €67 | +€1 | +2.0% |
| Recurring financial charges | 65 | €65 | €67 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €1,114 | €2,707 | +€1,593 | +143% |
| Income taxes | 67/77 | €6 | €279 | +€272 | +4,272% |
| Profit (loss) for the period | 9904 | €1,108 | €2,429 | +€1,321 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €1,108 | €2,429 | +€1,321 | +119% |
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.