HOSTE RAOUL
ActiveSummary
HOSTE RAOUL has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €255k and a net result of €29k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 1526 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-18
Solvency97▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 3.5 against 3.65 in 2024; short-term debt: 25.4% and cash: 22.9% of total assets), and 28.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.8%
Return on assets
8.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
29 d early
2023
22 d early
2022
2 d early
2021
2 d late
2020
on the day
2019
5 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€255k▲ 3.6%
2024 · €246k
2018: €93k
2019: €111k▲ +18.8% vs 2018
2020: €74k▼ -33.4% vs 2019lowest in 8 years
2021: €104k▲ +40.3% vs 2020
2022: €141k▲ +35.9% vs 2021
2023: €169k▲ +19.7% vs 2022
2024: €246k▲ +45.6% vs 2023
2025: €255k▲ +3.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€355k▲ 2.7%
2024 · €345k
2018: €189k
2019: €230k▲ +21.4% vs 2018
2020: €194k▼ -15.7% vs 2019
2021: €189k▼ -2.5% vs 2020lowest in 8 years
2022: €336k▲ +78.1% vs 2021
2023: €333k▼ -0.9% vs 2022
2024: €345k▲ +3.6% vs 2023
2025: €355k▲ +2.7% vs 2024highest in 8 years
2018 → 2025
Net result
€29k▼ 61.7%
2024 · €77k
2018: €3k
2019: €18k▲ +504% vs 2018
2020: €-37k▼ -311% vs 2019lowest in 8 years
2021: €30k▲ +180% vs 2020
2022: €37k▲ +25.0% vs 2021
2023: €67k▲ +80.1% vs 2022
2024: €77k▲ +14.9% vs 2023highest in 8 years
2025: €29k▼ -61.7% vs 2024
2018 → 2025
Working capital
€225k▲ 5.9%
2024 · €212k
2018: €88k
2019: €105k▲ +19.0% vs 2018
2020: €67k▼ -36.3% vs 2019lowest in 8 years
2021: €96k▲ +43.2% vs 2020
2022: €129k▲ +34.2% vs 2021
2023: €144k▲ +11.5% vs 2022
2024: €212k▲ +47.9% vs 2023
2025: €225k▲ +5.9% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€104k-€141k▲ 35.9%€169k▲ 19.7%€246k▲ 45.6%€255k▲ 3.6%
2021: €104klowest in 5 years
2022: €141k▲ +35.9% vs 2021
2023: €169k▲ +19.7% vs 2022
2024: €246k▲ +45.6% vs 2023
2025: €255k▲ +3.6% vs 2024highest in 5 years
Operating result€36k-€64k▲ 80.3%€96k▲ 49.1%€114k▲ 19.2%€50k▼ 56.0%
2021: €36klowest in 5 years
2022: €64k▲ +80.3% vs 2021
2023: €96k▲ +49.1% vs 2022
2024: €114k▲ +19.2% vs 2023highest in 5 years
2025: €50k▼ -56.0% vs 2024
Net result€30k-€37k▲ 25.0%€67k▲ 80.1%€77k▲ 14.9%€29k▼ 61.7%
2021: €30k
2022: €37k▲ +25.0% vs 2021
2023: €67k▲ +80.1% vs 2022
2024: €77k▲ +14.9% vs 2023highest in 5 years
2025: €29k▼ -61.7% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €355k
Fixed assets
€40k ▼ 24.6%
Current assets
€315k ▲ 7.6%
Equity and liabilities €355k
Equity
€255k ▲ 3.6%
Debt
€100k ▲ 0.4%
Debt's share of the balance-sheet total falls from 28.9% to 28.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€66k▼
2024 · €129k
Cash flow
€45k▼
2024 · €92k
Current ratio
3.50▼
2024 · 3.65
Quick ratio
3.45▼
2024 · 3.59
Debt to equity
0.39▼
2024 · 0.41
ROE
11.6%▼
2024 · 31.3%
ROA
8.3%▼
2024 · 22.3%
Interest coverage
7.25▼
2024 · 21.08
Debt ≤ 1 year
€90k▲
2024 · €80k
Debt > 1 year
€10k▼
2024 · €18k
Income taxes
€14k▼
2024 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€345k€355k▲
Fixed assets21/28€53k€40k▼
Tangible fixed assets22/27€52k€39k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€17k€13k▼
Furniture and vehicles24€32k€25k▼
Other tangible fixed assets26€0-
Financial fixed assets28€545€545=
Current assets29/58€293k€315k▲
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€198k€220k▲
Trade receivables40€196k€203k▲
Other amounts receivable41€2k€18k▲
Cash at bank and in hand54/58€84k€81k▼
Deferred charges and accrued income490/1€6k€9k▲
Equity and liabilities
Total equity and liabilities10/49€345k€355k▲
Equity10/15€246k€255k▲
Contributions10/11€19k€19k=
Reserves13€227k€236k▲
Non-distributable reserves130/1€1k€1k=
Other1319€1k€1k=
Distributable reserves133€226k€235k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€100k€100k▲
Amounts payable after more than one year17€18k€10k▼
Financial debts170/4€18k€10k▼
Amounts payable within one year42/48€80k€90k▲
Current portion of amounts payable after more than one year42€9k€8k▼
Trade debts44€21k€53k▲
Suppliers440/4€21k€53k▲
Advances received on contracts in progress46€21k€2k▼
Taxes, remuneration and social security45€27k€3k▼
Taxes450/3€27k€3k▼
Other amounts payable47/48€3k€24k▲
Accrued charges and deferred income492/3€2k€160▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▲
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€132k€68k▼
Operating profit (loss)9901€114k€50k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€6k€9k▲
Recurring financial charges65€6k€9k▲
Profit (loss) for the period before taxes9903€109k€43k▼
Income taxes67/77€32k€14k▼
Profit (loss) for the period9904€77k€29k▼
Profit (loss) for the period to be appropriated9905€77k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€29k▼
Transfer from equity791/2€0€21k▲
Transfer to equity691/2€77k€29k▼
To other reserves6921€77k€29k▼
Profit to be distributed694/7€0€21k▲
Return on contributions (dividend)694€0€21k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €0 | €-188 | €62 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €16k | €19k | €15k | €15k | ▲ 4.5% |
| Other operating charges640/8 | €5k | €5k | €3k | €3k | €3k | ▼ 13.0% |
| Non-recurring operating charges66A | €0 | - | €3k | €0 | - | - |
| Gross operating margin9900 | €62k | €85k | €121k | €132k | €68k | ▼ 48.3% |
| Operating profit (loss)9901 | €36k | €64k | €96k | €114k | €50k | ▼ 56.0% |
| Financial income75/76B | €678 | €1k | €1k | €1k | €2k | ▲ 103% |
| Recurring financial income75 | €678 | €1k | €1k | €1k | €2k | ▲ 103% |
| Financial charges65/66B | €4k | €4k | €4k | €6k | €9k | ▲ 47.9% |
| Recurring financial charges65 | €4k | €4k | €4k | €6k | €9k | ▲ 47.9% |
| Profit (loss) for the period before taxes9903 | €32k | €61k | €93k | €109k | €43k | ▼ 60.3% |
| Income taxes67/77 | €3k | €24k | €26k | €32k | €14k | ▼ 57.0% |
| Profit (loss) for the period9904 | €30k | €37k | €67k | €77k | €29k | ▼ 61.7% |
| Transfer from tax-exempt reserves789 | €2k | €23k | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €32k | €60k | €67k | €77k | €29k | ▼ 61.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €189k | €336k | €333k | €345k | €355k | ▲ 2.7% |
| Fixed assets21/28 | €32k | €23k | €54k | €53k | €40k | ▼ 24.6% |
| Tangible fixed assets22/27 | €31k | €22k | €53k | €52k | €39k | ▼ 24.9% |
| Land and buildings22 | €4k | €3k | €3k | €2k | €2k | ▼ 18.0% |
| Plant, machinery and equipment23 | €1k | €7k | €7k | €17k | €13k | ▼ 27.4% |
| Furniture and vehicles24 | €24k | €10k | €42k | €32k | €25k | ▼ 24.0% |
| Other tangible fixed assets26 | €3k | €2k | €930 | €0 | - | - |
| Financial fixed assets28 | €545 | €545 | €545 | €545 | €545 | = |
| Current assets29/58 | €157k | €314k | €279k | €293k | €315k | ▲ 7.6% |
| Stocks and contracts in progress3 | €5k | €5k | €5k | €5k | €5k | = |
| Stocks30/36 | €5k | €5k | €5k | €5k | €5k | = |
| Amounts receivable within one year40/41 | €113k | €207k | €144k | €198k | €220k | ▲ 11.3% |
| Trade receivables40 | €97k | €196k | €134k | €196k | €203k | ▲ 3.3% |
| Other amounts receivable41 | €17k | €11k | €10k | €2k | €18k | ▲ 891% |
| Cash at bank and in hand54/58 | €33k | €98k | €123k | €84k | €81k | ▼ 3.4% |
| Deferred charges and accrued income490/1 | €5k | €4k | €7k | €6k | €9k | ▲ 45.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €189k | €336k | €333k | €345k | €355k | ▲ 2.7% |
| Equity10/15 | €104k | €141k | €169k | €246k | €255k | ▲ 3.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €86k | €122k | €150k | €227k | €236k | ▲ 3.9% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | €1k | €1k | = |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Other1319 | - | - | - | €1k | €1k | = |
| Tax-exempt reserves132 | €23k | €0 | - | - | - | - |
| Distributable reserves133 | €61k | €120k | €150k | €226k | €235k | ▲ 4.0% |
| Profit (loss) carried forward14 | €-389 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €85k | €195k | €165k | €100k | €100k | ▲ 0.4% |
| Amounts payable after more than one year17 | €24k | €10k | €26k | €18k | €10k | ▼ 43.2% |
| Financial debts170/4 | €24k | €10k | €26k | €18k | €10k | ▼ 43.2% |
| Amounts payable within one year42/48 | €61k | €185k | €136k | €80k | €90k | ▲ 12.1% |
| Current portion of amounts payable after more than one year42 | €19k | €14k | €16k | €9k | €8k | ▼ 12.3% |
| Trade debts44 | €36k | €36k | €56k | €21k | €53k | ▲ 154% |
| Suppliers440/4 | €36k | €36k | €56k | €21k | €53k | ▲ 154% |
| Advances received on contracts in progress46 | - | €87k | €8k | €21k | €2k | ▼ 89.7% |
| Taxes, remuneration and social security45 | €3k | €48k | €21k | €27k | €3k | ▼ 87.9% |
| Taxes450/3 | €3k | €45k | €21k | €27k | €3k | ▼ 87.9% |
| Remuneration and social security454/9 | €0 | €3k | €0 | - | - | - |
| Other amounts payable47/48 | €4k | €0 | €35k | €3k | €24k | ▲ 637% |
| Accrued charges and deferred income492/3 | €200 | €400 | €3k | €2k | €160 | ▼ 91.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €37k | €67k | €77k | €29k | ▼ 61.7% |
| + Depreciation and write-downs630 | €22k | €16k | €19k | €15k | €15k | ▲ 4.5% |
| Operating cash flow (approximation) | €52k | €53k | €86k | €92k | €45k | ▼ 51.1% |
| Investment in fixed assets (approximation) | - | €-7k | €-50k | €-13k | €-2k | ▲ 82.5% |
| Change in cash | - | €65k | €25k | €-39k | €-3k | ▲ 92.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €77k ▲14.9%
Operating result €114k, net result €77k, both a record.
30-09
Financial
Equity above €200kEq €246k ▲45.6%
4 profitable years in a row build equity to €246k.
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €150kEq €169k ▲19.7%
3 profitable years in a row build equity to €169k.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
30-09
Financial
Equity above €100kEq €104k ▲40.3%
Equity rises from €74k to €104k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
Show earlier events
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
30-09
Financial
Equity above €100kEq €111k ▲18.8%
2 profitable years in a row build equity to €111k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 1988
Ground area
4,174 m²
Building footprint
321 m²
Volume, LiDAR
1,200 m³
Parcel 37004B0148/00N000, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Nagelstraat 21, 8700 Tielt
since 19882.041.128.933
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37004B0148/00N000 | Flanders | 4,174 m² | 1 · 321 m² | 8.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,470 EUR awarded · 1,470 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,470 EUR | 1,470 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 667 companies in sector 77320 we hold annual accounts for 492. 373 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-11-1988
Fiscal year end30-09
Activities, NACEBEL 2025
77320Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.