HoSRenovation: 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.
HoSRenovation
Largest movements
- Cash -€5,156
down €5,156 (-95.7%), from €5,386 to €230
mainly Trade debts (-€12,238) and Contributions, distributions and other (-€10)
- Trade debts -€12,238
down €12,238 (-9.2%), from €132,945 to €120,707
of which Suppliers: -€12,238
- Short-term financial debts +€3,103
new in 2025: €3,103
- Gross operating margin -€8,781
down €8,781 (-63.1%), from €13,915 to €5,133
- Financial income -€2,783
down €2,783 (-100%), from €2,783 to €0
- Taxes +€2,700
up €2,700 (+838%), from €322 to €3,022
- Other operating charges -€257
down €257 (-39.7%), from €648 to €391
- Financial charges +€207
up €207 (+402%), from €52 to €258
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 | €177,944 | €171,416 | -€6,528 | -3.7% |
| Current assets | 29/58 | €177,944 | €171,416 | -€6,528 | -3.7% |
| Amounts receivable within one year | 40/41 | €172,559 | €171,186 | -€1,372 | -0.8% |
| Trade receivables | 40 | €104,902 | €89,313 | -€15,590 | -14.9% |
| Other amounts receivable | 41 | €67,656 | €81,874 | +€14,218 | +21.0% |
| Cash at bank and in hand | 54/58 | €5,386 | €230 | -€5,156 | -95.7% |
| Total equity and liabilities | 10/49 | €177,944 | €171,416 | -€6,528 | -3.7% |
| Equity | 10/15 | €29,999 | €31,451 | +€1,452 | +4.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,999 | €28,451 | +€1,452 | +5.4% |
| Amounts payable | 17/49 | €147,945 | €139,965 | -€7,981 | -5.4% |
| Amounts payable within one year | 42/48 | €147,945 | €139,965 | -€7,981 | -5.4% |
| Financial debts | 43 | - | €3,103 | +€3,103 | |
| Credit institutions | 430/8 | - | €3,103 | +€3,103 | |
| Trade debts | 44 | €132,945 | €120,707 | -€12,238 | -9.2% |
| Suppliers | 440/4 | €115,804 | €103,565 | -€12,238 | -10.6% |
| Bills of exchange payable | 441 | €17,142 | €17,142 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €1,155 | +€1,155 | |
| Taxes | 450/3 | - | €1,155 | +€1,155 | |
| Other amounts payable | 47/48 | €15,000 | €15,000 | = | 0.0% |
| Other operating charges | 640/8 | €648 | €391 | -€257 | -39.7% |
| Gross operating margin | 9900 | €13,915 | €5,133 | -€8,781 | -63.1% |
| Operating profit (loss) | 9901 | €13,267 | €4,742 | -€8,524 | -64.3% |
| Financial income | 75/76B | €2,783 | €0 | -€2,783 | -100% |
| Recurring financial income | 75 | €2,783 | €0 | -€2,783 | -100% |
| Financial charges | 65/66B | €52 | €258 | +€207 | +402% |
| Recurring financial charges | 65 | €52 | €258 | +€207 | +402% |
| Profit (loss) for the period before taxes | 9903 | €15,998 | €4,484 | -€11,514 | -72.0% |
| Income taxes | 67/77 | €322 | €3,022 | +€2,700 | +838% |
| Profit (loss) for the period | 9904 | €15,676 | €1,462 | -€14,214 | -90.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,676 | €1,462 | -€14,214 | -90.7% |
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.