HOSTA: 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.
HOSTA
Largest movements
- Receivables within one year +€1.1m
up €1.1m (+540.0%), from €203,519 to €1.3m
- Cash -€528,467
down €528,467 (-82.0%), from €644,550 to €116,082
mainly Receivables within one year (-€1.1m) and Trade debts (-€455,343)
- Stocks and contracts +€252,407
up €252,407 (+4.5%), from €5.6m to €5.9m
- Debts after one year +€1.3m
up €1.3m (+25.4%), from €5.1m to €6.4m
- Trade debts -€455,343
down €455,343 (-94.2%), from €483,217 to €27,874
- Purchases and services +€11,358
new in 2025: €11,358
- Financial income +€9,068
up €9,068 (+114643.2%), from €8 to €9,076
- Financial charges -€3,468
down €3,468 (-100.0%), from €3,468 to €0
- Gross operating margin -€2,695
down €2,695 (-31.1%), from -€8,662 to -€11,358
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 | €6,913,818 | €7,753,615 | +€839,798 | +12.1% |
| Fixed assets | 21/28 | €446,576 | €463,357 | +€16,782 | +3.8% |
| Tangible fixed assets | 22/27 | €442,576 | €459,357 | +€16,782 | +3.8% |
| Land and buildings | 22 | €442,576 | €459,357 | +€16,782 | +3.8% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €6,467,242 | €7,290,258 | +€823,016 | +12.7% |
| Stocks and contracts in progress | 3 | €5,619,174 | €5,871,581 | +€252,407 | +4.5% |
| Stocks | 30/36 | €5,619,174 | €5,871,581 | +€252,407 | +4.5% |
| Amounts receivable within one year | 40/41 | €203,519 | €1,302,595 | +€1.1m | +540.0% |
| Other amounts receivable | 41 | €203,519 | €1,302,595 | +€1.1m | +540.0% |
| Cash at bank and in hand | 54/58 | €644,550 | €116,082 | -€528,467 | -82.0% |
| Total equity and liabilities | 10/49 | €6,913,818 | €7,753,615 | +€839,798 | +12.1% |
| Equity | 10/15 | €164,208 | €149,608 | -€14,600 | -8.9% |
| Contributions | 10/11 | €102,034 | €102,034 | = | 0.0% |
| Capital | 10 | €102,034 | €102,034 | = | 0.0% |
| Issued capital | 100 | €102,034 | €102,034 | = | 0.0% |
| Reserves | 13 | €10,203 | €10,203 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,203 | €10,203 | = | 0.0% |
| Legal reserve | 130 | €10,203 | €10,203 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,970 | €37,370 | -€14,600 | -28.1% |
| Amounts payable | 17/49 | €6,749,610 | €7,604,007 | +€854,398 | +12.7% |
| Amounts payable after more than one year | 17 | €5,120,334 | €6,420,538 | +€1.3m | +25.4% |
| Financial debts | 170/4 | €5,120,334 | €6,420,538 | +€1.3m | +25.4% |
| Amounts payable within one year | 42/48 | €1,590,198 | €1,155,854 | -€434,344 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €54,146 | €54,146 | = | 0.0% |
| Trade debts | 44 | €483,217 | €27,874 | -€455,343 | -94.2% |
| Suppliers | 440/4 | €483,217 | €27,874 | -€455,343 | -94.2% |
| Other amounts payable | 47/48 | €1,052,835 | €1,073,834 | +€20,999 | +2.0% |
| Accrued charges and deferred income | 492/3 | €39,078 | €27,615 | -€11,463 | -29.3% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €11,358 | +€11,358 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,606 | €10,703 | +€97 | +0.9% |
| Other operating charges | 640/8 | €1,516 | €1,615 | +€100 | +6.6% |
| Gross operating margin | 9900 | -€8,662 | -€11,358 | -€2,695 | -31.1% |
| Operating profit (loss) | 9901 | -€20,784 | -€23,676 | -€2,892 | -13.9% |
| Financial income | 75/76B | €8 | €9,076 | +€9,068 | +114643.2% |
| Recurring financial income | 75 | €8 | €9,076 | +€9,068 | +114643.2% |
| Financial charges | 65/66B | €3,468 | €0 | -€3,468 | -100.0% |
| Recurring financial charges | 65 | €3,468 | €0 | -€3,468 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€24,244 | -€14,600 | +€9,644 | +39.8% |
| Profit (loss) for the period | 9904 | -€24,244 | -€14,600 | +€9,644 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,244 | -€14,600 | +€9,644 | +39.8% |
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.