CAROLINE HOSTE: 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.
CAROLINE HOSTE
Largest movements
- Tangible fixed assets +€87,886
up €87,886 (+38.2%), from €230,054 to €317,940
of which Furniture and vehicles: +€97,025
- Receivables within one year +€5,513
up €5,513 (+72.1%), from €7,647 to €13,161
of which Trade receivables: +€4,978
- Debts after one year +€59,574
up €59,574 (+63.4%), from €93,923 to €153,497
- Current portion of long-term debt +€19,584
up €19,584 (+115%), from €16,965 to €36,549
- Tax, wage and social debts +€10,923
up €10,923 (+33.5%), from €32,568 to €43,491
- Short-term financial debts +€7,193
up €7,193 (+36.5%), from €19,690 to €26,884
- Gross operating margin +€86,317
up €86,317 (+47.4%), from €182,111 to €268,428
- Depreciation +€19,749
up €19,749 (+132%), from €14,974 to €34,723
- Taxes +€14,465
up €14,465 (+34.9%), from €41,412 to €55,876
- Other operating charges +€10,171
up €10,171 (+424%), from €2,397 to €12,568
- Financial charges +€3,289
up €3,289 (+97.3%), from €3,380 to €6,669
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 | €245,599 | €341,035 | +€95,436 | +38.9% |
| Fixed assets | 21/28 | €230,054 | €317,940 | +€87,886 | +38.2% |
| Tangible fixed assets | 22/27 | €230,054 | €317,940 | +€87,886 | +38.2% |
| Land and buildings | 22 | €218,484 | €209,426 | -€9,058 | -4.1% |
| Furniture and vehicles | 24 | €11,429 | €108,454 | +€97,025 | +849% |
| Other tangible fixed assets | 26 | €141 | €61 | -€81 | -57.2% |
| Current assets | 29/58 | €15,545 | €23,095 | +€7,549 | +48.6% |
| Amounts receivable within one year | 40/41 | €7,647 | €13,161 | +€5,513 | +72.1% |
| Trade receivables | 40 | €7,614 | €12,592 | +€4,978 | +65.4% |
| Other amounts receivable | 41 | €33 | €568 | +€535 | +1,622% |
| Cash at bank and in hand | 54/58 | €5,298 | €6,454 | +€1,156 | +21.8% |
| Deferred charges and accrued income | 490/1 | €2,600 | €3,480 | +€880 | +33.8% |
| Total equity and liabilities | 10/49 | €245,599 | €341,035 | +€95,436 | +38.9% |
| Equity | 10/15 | €19,261 | €19,261 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €661 | €661 | = | 0.0% |
| Distributable reserves | 133 | €661 | €661 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €226,338 | €321,774 | +€95,436 | +42.2% |
| Amounts payable after more than one year | 17 | €93,923 | €153,497 | +€59,574 | +63.4% |
| Financial debts | 170/4 | €93,923 | €153,497 | +€59,574 | +63.4% |
| Amounts payable within one year | 42/48 | €130,994 | €168,054 | +€37,059 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €16,965 | €36,549 | +€19,584 | +115% |
| Financial debts | 43 | €19,690 | €26,884 | +€7,193 | +36.5% |
| Credit institutions | 430/8 | €19,690 | €26,884 | +€7,193 | +36.5% |
| Trade debts | 44 | €1,843 | €4,027 | +€2,185 | +119% |
| Suppliers | 440/4 | €1,843 | €4,027 | +€2,185 | +119% |
| Taxes, remuneration and social security | 45 | €32,568 | €43,491 | +€10,923 | +33.5% |
| Taxes | 450/3 | €32,568 | €43,491 | +€10,923 | +33.5% |
| Other amounts payable | 47/48 | €59,929 | €57,103 | -€2,826 | -4.7% |
| Accrued charges and deferred income | 492/3 | €1,421 | €223 | -€1,198 | -84.3% |
| Non-recurring operating income | 76A | - | €1,810 | +€1,810 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,974 | €34,723 | +€19,749 | +132% |
| Other operating charges | 640/8 | €2,397 | €12,568 | +€10,171 | +424% |
| Gross operating margin | 9900 | €182,111 | €268,428 | +€86,317 | +47.4% |
| Operating profit (loss) | 9901 | €164,740 | €221,137 | +€56,397 | +34.2% |
| Financial income | 75/76B | - | €2,144 | +€2,144 | |
| Recurring financial income | 75 | - | €2,144 | +€2,144 | |
| Financial charges | 65/66B | €3,380 | €6,669 | +€3,289 | +97.3% |
| Recurring financial charges | 65 | €3,380 | €6,669 | +€3,289 | +97.3% |
| Profit (loss) for the period before taxes | 9903 | €161,361 | €216,612 | +€55,252 | +34.2% |
| Income taxes | 67/77 | €41,412 | €55,876 | +€14,465 | +34.9% |
| Profit (loss) for the period | 9904 | €119,949 | €160,736 | +€40,787 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €119,949 | €160,736 | +€40,787 | +34.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.