Bram Hostyn: 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.
Bram Hostyn
Largest movements
- Receivables within one year +€157,923
up €157,923, from €0 to €157,923
of which Other amounts receivable: +€157,923
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Cash -€28,960
down €28,960 (-24.0%), from €120,512 to €91,552
mainly Receivables within one year (-€157,923) and Tax, wage and social debts (-€9,020)
- Reserves +€87,886
up €87,886 (+71.6%), from €122,760 to €210,646
- Tax, wage and social debts -€9,020
down €9,020 (-17.7%), from €50,939 to €41,920
- Gross operating margin -€26,361
down €26,361 (-19.4%), from €136,119 to €109,758
- Financial income +€7,836
up €7,836 (+1,477%), from €531 to €8,367
- Taxes -€3,750
down €3,750 (-12.9%), from €29,010 to €25,260
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 | €181,513 | €260,142 | +€78,629 | +43.3% |
| Fixed assets | 21/28 | €9,079 | €9,458 | +€379 | +4.2% |
| Tangible fixed assets | 22/27 | €9,079 | €9,458 | +€379 | +4.2% |
| Plant, machinery and equipment | 23 | €5,727 | €5,087 | -€640 | -11.2% |
| Furniture and vehicles | 24 | €3,352 | €4,371 | +€1,019 | +30.4% |
| Current assets | 29/58 | €172,434 | €250,685 | +€78,250 | +45.4% |
| Amounts receivable within one year | 40/41 | €0 | €157,923 | +€157,923 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €157,923 | +€157,923 | |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €120,512 | €91,552 | -€28,960 | -24.0% |
| Deferred charges and accrued income | 490/1 | €1,922 | €1,209 | -€713 | -37.1% |
| Total equity and liabilities | 10/49 | €181,513 | €260,142 | +€78,629 | +43.3% |
| Equity | 10/15 | €127,760 | €215,646 | +€87,886 | +68.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €122,760 | €210,646 | +€87,886 | +71.6% |
| Distributable reserves | 133 | €122,760 | €210,646 | +€87,886 | +71.6% |
| Amounts payable | 17/49 | €53,754 | €44,497 | -€9,257 | -17.2% |
| Amounts payable within one year | 42/48 | €53,754 | €44,497 | -€9,257 | -17.2% |
| Trade debts | 44 | €2,654 | €2,577 | -€78 | -2.9% |
| Suppliers | 440/4 | €2,654 | €2,577 | -€78 | -2.9% |
| Taxes, remuneration and social security | 45 | €50,939 | €41,920 | -€9,020 | -17.7% |
| Taxes | 450/3 | €50,939 | €41,920 | -€9,020 | -17.7% |
| Other amounts payable | 47/48 | €160 | €0 | -€160 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €824 | €1,421 | +€597 | +72.5% |
| Other operating charges | 640/8 | €387 | €461 | +€74 | +19.1% |
| Gross operating margin | 9900 | €136,119 | €109,758 | -€26,361 | -19.4% |
| Operating profit (loss) | 9901 | €134,908 | €107,875 | -€27,032 | -20.0% |
| Financial income | 75/76B | €531 | €8,367 | +€7,836 | +1,477% |
| Recurring financial income | 75 | €531 | €8,367 | +€7,836 | +1,477% |
| Financial charges | 65/66B | €2,816 | €3,096 | +€281 | +10.0% |
| Recurring financial charges | 65 | €2,816 | €3,096 | +€281 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €132,623 | €113,146 | -€19,477 | -14.7% |
| Income taxes | 67/77 | €29,010 | €25,260 | -€3,750 | -12.9% |
| Profit (loss) for the period | 9904 | €103,613 | €87,886 | -€15,727 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €103,613 | €87,886 | -€15,727 | -15.2% |
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 17 October 2026 via checked.be.