Dr. Hostens: what changed
Two fiscal 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.
Dr. Hostens
Largest movements
- Deferred charges and accrued income +€42,363
new in 2025: €42,363
- Cash +€16,204
up €16,204 (+27.8%), from €58,239 to €74,442
mainly Net result for the year (+€70,760) and Depreciation (+€953)
- Tangible fixed assets +€4,650
up €4,650 (+430.5%), from €1,080 to €5,730
of which Plant, machinery and equipment: +€5,081
- Receivables within one year +€3,190
up €3,190 (+26.2%), from €12,177 to €15,366
of which Other amounts receivable: +€11,254
- Profit (loss) carried forward +€70,760
up €70,760 (+152.4%), from €46,443 to €117,203
- Trade debts -€3,109
down €3,109 (-35.4%), from €8,771 to €5,662
- Gross operating margin +€31,648
up €31,648 (+53.9%), from €58,676 to €90,325
- Taxes +€6,256
up €6,256 (+53.1%), from €11,781 to €18,037
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.
Cash bridge derived
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 | €71,495 | €137,902 | +€66,407 | +92.9% |
| Fixed assets | 21/28 | €1,080 | €5,730 | +€4,650 | +430.5% |
| Tangible fixed assets | 22/27 | €1,080 | €5,730 | +€4,650 | +430.5% |
| Plant, machinery and equipment | 23 | - | €5,081 | +€5,081 | |
| Furniture and vehicles | 24 | €1,080 | €650 | -€431 | -39.9% |
| Current assets | 29/58 | €70,415 | €132,172 | +€61,757 | +87.7% |
| Amounts receivable within one year | 40/41 | €12,177 | €15,366 | +€3,190 | +26.2% |
| Trade receivables | 40 | €8,064 | €0 | -€8,064 | -100.0% |
| Other amounts receivable | 41 | €4,112 | €15,366 | +€11,254 | +273.7% |
| Cash at bank and in hand | 54/58 | €58,239 | €74,442 | +€16,204 | +27.8% |
| Deferred charges and accrued income | 490/1 | - | €42,363 | +€42,363 | |
| Total equity and liabilities | 10/49 | €71,495 | €137,902 | +€66,407 | +92.9% |
| Equity | 10/15 | €50,943 | €121,703 | +€70,760 | +138.9% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,443 | €117,203 | +€70,760 | +152.4% |
| Amounts payable | 17/49 | €20,552 | €16,199 | -€4,353 | -21.2% |
| Amounts payable within one year | 42/48 | €20,552 | €16,199 | -€4,353 | -21.2% |
| Trade debts | 44 | €8,771 | €5,662 | -€3,109 | -35.4% |
| Suppliers | 440/4 | €8,771 | €5,662 | -€3,109 | -35.4% |
| Taxes, remuneration and social security | 45 | €11,781 | €10,537 | -€1,244 | -10.6% |
| Taxes | 450/3 | €11,781 | €10,537 | -€1,244 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212 | €953 | +€741 | +349.9% |
| Other operating charges | 640/8 | - | €493 | +€493 | |
| Gross operating margin | 9900 | €58,676 | €90,325 | +€31,648 | +53.9% |
| Operating profit (loss) | 9901 | €58,465 | €88,879 | +€30,414 | +52.0% |
| Financial income | 75/76B | €63 | €257 | +€194 | +305.9% |
| Recurring financial income | 75 | €63 | €257 | +€194 | +305.9% |
| Financial charges | 65/66B | €304 | €339 | +€36 | +11.8% |
| Recurring financial charges | 65 | €304 | €339 | +€36 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €58,224 | €88,796 | +€30,572 | +52.5% |
| Income taxes | 67/77 | €11,781 | €18,037 | +€6,256 | +53.1% |
| Profit (loss) for the period | 9904 | €46,443 | €70,760 | +€24,316 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,443 | €70,760 | +€24,316 | +52.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.