HOSK: 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.
HOSK
Largest movements
- Receivables within one year +€37,114
up €37,114 (+9.3%), from €397,322 to €434,436
of which Other amounts receivable: +€78,597
- Trade debts +€31,837
up €31,837 (+11.9%), from €266,449 to €298,287
- Financial charges +€19,298
up €19,298 (+424%), from €4,549 to €23,848
- Gross operating margin +€16,204
up €16,204 (+264%), from €6,144 to €22,348
- Other operating charges -€909
down €909 (-80.5%), from €1,129 to €220
- Financial income -€493
down €493 (-81.9%), from €602 to €109
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 | €417,386 | €449,174 | +€31,788 | +7.6% |
| Current assets | 29/58 | €417,386 | €449,174 | +€31,788 | +7.6% |
| Stocks and contracts in progress | 3 | €15,670 | €14,420 | -€1,250 | -8.0% |
| Stocks | 30/36 | €15,670 | €14,420 | -€1,250 | -8.0% |
| Amounts receivable within one year | 40/41 | €397,322 | €434,436 | +€37,114 | +9.3% |
| Trade receivables | 40 | €95,308 | €53,825 | -€41,484 | -43.5% |
| Other amounts receivable | 41 | €302,014 | €380,611 | +€78,597 | +26.0% |
| Cash at bank and in hand | 54/58 | €4,394 | €319 | -€4,075 | -92.7% |
| Total equity and liabilities | 10/49 | €417,386 | €449,174 | +€31,788 | +7.6% |
| Equity | 10/15 | €37,492 | €35,880 | -€1,612 | -4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,032 | €15,420 | -€1,612 | -9.5% |
| Amounts payable | 17/49 | €379,894 | €413,294 | +€33,400 | +8.8% |
| Amounts payable within one year | 42/48 | €379,894 | €413,294 | +€33,400 | +8.8% |
| Financial debts | 43 | €24,730 | €24,910 | +€181 | +0.7% |
| Credit institutions | 430/8 | €24,730 | €24,910 | +€181 | +0.7% |
| Trade debts | 44 | €266,449 | €298,287 | +€31,837 | +11.9% |
| Suppliers | 440/4 | €266,449 | €298,287 | +€31,837 | +11.9% |
| Other amounts payable | 47/48 | €88,715 | €90,097 | +€1,382 | +1.6% |
| Other operating charges | 640/8 | €1,129 | €220 | -€909 | -80.5% |
| Gross operating margin | 9900 | €6,144 | €22,348 | +€16,204 | +264% |
| Operating profit (loss) | 9901 | €5,015 | €22,127 | +€17,112 | +341% |
| Financial income | 75/76B | €602 | €109 | -€493 | -81.9% |
| Recurring financial income | 75 | €602 | €109 | -€493 | -81.9% |
| Financial charges | 65/66B | €4,549 | €23,848 | +€19,298 | +424% |
| Recurring financial charges | 65 | €4,549 | €23,848 | +€19,298 | +424% |
| Profit (loss) for the period before taxes | 9903 | €1,067 | -€1,612 | -€2,679 | |
| Profit (loss) for the period | 9904 | €1,067 | -€1,612 | -€2,679 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,067 | -€1,612 | -€2,679 |
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 24 October 2026 via checked.be.