HOSMID: 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.
HOSMID
Largest movements
- Cash -€165,826
down €165,826 (-67.1%), from €247,285 to €81,459
mainly Current investments (-€95,952) and Contributions, distributions and other (-€86,166)
- Current investments +€95,952
up €95,952 (+4.9%), from €2.0m to €2.1m
- Reserves -€80,720
down €80,720 (-7.6%), from €1.1m to €975,366
of which Distributable reserves: -€74,688
- Depreciation -€48,739
down €48,739 (-65.1%), from €74,847 to €26,107
- Financial charges -€17,530
down €17,530 (-68.4%), from €25,630 to €8,100
- Financial income +€10,438
up €10,438 (+48.9%), from €21,360 to €31,797
- Gross operating margin +€6,763
up €6,763 (+406.3%), from €1,665 to €8,428
- Taxes +€958
up €958 (+141.9%), from €675 to €1,634
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 | €2,988,154 | €2,898,959 | -€89,195 | -3.0% |
| Fixed assets | 21/28 | €772,193 | €750,312 | -€21,882 | -2.8% |
| Tangible fixed assets | 22/27 | €772,193 | €750,312 | -€21,882 | -2.8% |
| Land and buildings | 22 | €752,377 | €741,349 | -€11,028 | -1.5% |
| Plant, machinery and equipment | 23 | €246 | €0 | -€246 | -100.0% |
| Furniture and vehicles | 24 | €19,571 | €8,963 | -€10,608 | -54.2% |
| Current assets | 29/58 | €2,215,960 | €2,148,647 | -€67,313 | -3.0% |
| Amounts receivable within one year | 40/41 | €9,768 | €12,647 | +€2,879 | +29.5% |
| Other amounts receivable | 41 | €9,768 | €12,647 | +€2,879 | +29.5% |
| Current investments | 50/53 | €1,955,169 | €2,051,122 | +€95,952 | +4.9% |
| Cash at bank and in hand | 54/58 | €247,285 | €81,459 | -€165,826 | -67.1% |
| Deferred charges and accrued income | 490/1 | €3,738 | €3,420 | -€318 | -8.5% |
| Total equity and liabilities | 10/49 | €2,988,154 | €2,898,959 | -€89,195 | -3.0% |
| Equity | 10/15 | €2,874,273 | €2,791,887 | -€82,386 | -2.9% |
| Contributions | 10/11 | €6,507 | €6,507 | = | 0.0% |
| Reserves | 13 | €1,056,085 | €975,366 | -€80,720 | -7.6% |
| Tax-exempt reserves | 132 | €286,852 | €280,821 | -€6,031 | -2.1% |
| Distributable reserves | 133 | €769,233 | €694,545 | -€74,688 | -9.7% |
| Profit (loss) carried forward | 14 | €1,811,680 | €1,810,014 | -€1,666 | -0.1% |
| Provisions and deferred taxes | 16 | €95,617 | €93,607 | -€2,010 | -2.1% |
| Deferred taxes | 168 | €95,617 | €93,607 | -€2,010 | -2.1% |
| Amounts payable | 17/49 | €18,264 | €13,465 | -€4,798 | -26.3% |
| Amounts payable within one year | 42/48 | €16,100 | €11,410 | -€4,690 | -29.1% |
| Trade debts | 44 | €157 | €1,264 | +€1,107 | +705.6% |
| Suppliers | 440/4 | €157 | €1,264 | +€1,107 | +705.6% |
| Other amounts payable | 47/48 | €15,943 | €10,147 | -€5,797 | -36.4% |
| Accrued charges and deferred income | 492/3 | €2,163 | €2,055 | -€108 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,847 | €26,107 | -€48,739 | -65.1% |
| Other operating charges | 640/8 | €1,963 | €2,615 | +€652 | +33.2% |
| Gross operating margin | 9900 | €1,665 | €8,428 | +€6,763 | +406.3% |
| Operating profit (loss) | 9901 | -€75,145 | -€20,294 | +€54,851 | +73.0% |
| Financial income | 75/76B | €21,360 | €31,797 | +€10,438 | +48.9% |
| Recurring financial income | 75 | €21,360 | €31,797 | +€10,438 | +48.9% |
| Financial charges | 65/66B | €25,630 | €8,100 | -€17,530 | -68.4% |
| Recurring financial charges | 65 | €25,630 | €8,100 | -€17,530 | -68.4% |
| Profit (loss) for the period before taxes | 9903 | -€79,415 | €3,403 | +€82,818 | |
| Transfer from deferred taxes | 780 | €956 | €2,010 | +€1,055 | +110.3% |
| Income taxes | 67/77 | €675 | €1,634 | +€958 | +141.9% |
| Profit (loss) for the period | 9904 | -€79,134 | €3,780 | +€82,915 | |
| Transfer from tax-exempt reserves | 789 | €2,868 | €6,031 | +€3,164 | +110.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,267 | €9,812 | +€86,078 |
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 30 September 2026 via checked.be.