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HOSTA PROJECTS: 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.

What changed

HOSTA PROJECTS

BE 0775.888.647
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€32,695
2024 · -€9,984-€22,711
Equity
€6.0m
2024 · €6.0m-€32,695
Cash
€134,754
2024 · €234,544-€99,790
Balance sheet total
€7.7m
2024 · €6.8m+€911,446

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€1.2m

    up €1.2m (+87.2%), from €1.4m to €2.6m

  • Receivables within one year -€212,238

    down €212,238 (-71.7%), from €295,923 to €83,685

  • Cash -€99,790

    down €99,790 (-42.5%), from €234,544 to €134,754

    mainly Stocks and contracts (-€1.2m) and Trade debts (-€161,454)

Equity and liabilities
  • Other debts +€1.1m

    up €1.1m (+208.5%), from €530,373 to €1.6m

  • Trade debts -€161,454

    down €161,454 (-70.2%), from €229,963 to €68,509

Income statement

No income-statement line moved by more than 1% of the activity.

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 -€9,984
    Other operating charges -€875
    Other operating items -€11,225
    Financial income -€276
    Financial charges -€10,334
    Result 2025 -€32,695

    Cash bridge derived

    cash 2024 to 2025

    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.

    From operations -€99,790
    Investment €0
    Financing €0
    Cash 2024 €234,544
    Net result for the year -€32,695
    Stocks and contracts -€1.2m
    Receivables within one year +€212,238
    Trade debts -€161,454
    Other debts +€1.1m
    Cash 2025 €134,754
    Every line side by side 35 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €6,801,142 €7,712,588 +€911,446 +13.4%
    Fixed assets 21/28 €4,867,598 €4,867,598 = 0.0%
    Financial fixed assets 28 €4,867,598 €4,867,598 = 0.0%
    Affiliated companies 280/1 €4,867,598 €4,867,598 = 0.0%
    Participating interests 280 €4,867,598 €4,867,598 = 0.0%
    Current assets 29/58 €1,933,544 €2,844,990 +€911,446 +47.1%
    Stocks and contracts in progress 3 €1,403,077 €2,626,551 +€1.2m +87.2%
    Stocks 30/36 €1,403,077 €2,626,551 +€1.2m +87.2%
    Property held for sale 35 €1,403,077 €2,626,551 +€1.2m +87.2%
    Amounts receivable within one year 40/41 €295,923 €83,685 -€212,238 -71.7%
    Other amounts receivable 41 €295,923 €83,685 -€212,238 -71.7%
    Cash at bank and in hand 54/58 €234,544 €134,754 -€99,790 -42.5%
    Total equity and liabilities 10/49 €6,801,142 €7,712,588 +€911,446 +13.4%
    Equity 10/15 €6,040,806 €6,008,110 -€32,695 -0.5%
    Contributions 10/11 €6,067,598 €6,067,598 = 0.0%
    Profit (loss) carried forward 14 -€26,792 -€59,488 -€32,695 -122.0%
    Amounts payable 17/49 €760,336 €1,704,477 +€944,141 +124.2%
    Amounts payable within one year 42/48 €760,336 €1,704,477 +€944,141 +124.2%
    Trade debts 44 €229,963 €68,509 -€161,454 -70.2%
    Suppliers 440/4 €229,963 €68,509 -€161,454 -70.2%
    Other amounts payable 47/48 €530,373 €1,635,969 +€1.1m +208.5%
    Operating charges 60/66A €4,838 €16,939 +€12,100 +250.1%
    Services and other goods 61 €3,753 €14,978 +€11,225 +299.1%
    Other operating charges 640/8 €1,086 €1,960 +€875 +80.6%
    Operating profit (loss) 9901 -€4,838 -€16,939 -€12,100 -250.1%
    Financial income 75/76B €276 - -€276
    Recurring financial income 75 €276 - -€276
    Income from current assets 751 €276 - -€276
    Financial charges 65/66B €5,422 €15,756 +€10,334 +190.6%
    Recurring financial charges 65 €5,422 €15,756 +€10,334 +190.6%
    Debt charges 650 €5,258 €15,596 +€10,338 +196.6%
    Other financial charges 652/9 €164 €161 -€3 -2.1%
    Profit (loss) for the period before taxes 9903 -€9,984 -€32,695 -€22,711 -227.5%
    Profit (loss) for the period 9904 -€9,984 -€32,695 -€22,711 -227.5%
    Profit (loss) for the period to be appropriated 9905 -€9,984 -€32,695 -€22,711 -227.5%

    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 28 September 2026 via checked.be.