HOSTAFOLIE: 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.
HOSTAFOLIE
Largest movements
- Receivables within one year +€193,191
up €193,191 (+62.0%), from €311,805 to €504,997
of which Trade receivables: +€192,260
- Cash -€20,526
down €20,526 (-54.9%), from €37,367 to €16,841
mainly Receivables within one year (-€193,191) and Deferred charges and accrued income (-€827)
- Tangible fixed assets -€17,240
down €17,240 (-37.4%), from €46,126 to €28,886
- Stocks and contracts -€6,611
down €6,611 (-56.9%), from €11,611 to €5,000
- Reserves +€133,849
up €133,849 (+47.6%), from €281,288 to €415,138
- Trade debts +€10,526
up €10,526 (+7464.9%), from €141 to €10,667
- Gross operating margin -€2,408
down €2,408 (-1.1%), from €228,538 to €226,130
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 | €406,909 | €556,550 | +€149,642 | +36.8% |
| Fixed assets | 21/28 | €46,126 | €28,886 | -€17,240 | -37.4% |
| Tangible fixed assets | 22/27 | €46,126 | €28,886 | -€17,240 | -37.4% |
| Furniture and vehicles | 24 | €46,126 | €28,886 | -€17,240 | -37.4% |
| Current assets | 29/58 | €360,782 | €527,664 | +€166,881 | +46.3% |
| Stocks and contracts in progress | 3 | €11,611 | €5,000 | -€6,611 | -56.9% |
| Stocks | 30/36 | €11,611 | €5,000 | -€6,611 | -56.9% |
| Amounts receivable within one year | 40/41 | €311,805 | €504,997 | +€193,191 | +62.0% |
| Trade receivables | 40 | €308,350 | €500,610 | +€192,260 | +62.4% |
| Other amounts receivable | 41 | €3,455 | €4,387 | +€931 | +27.0% |
| Cash at bank and in hand | 54/58 | €37,367 | €16,841 | -€20,526 | -54.9% |
| Deferred charges and accrued income | 490/1 | €0 | €827 | +€827 | |
| Total equity and liabilities | 10/49 | €406,909 | €556,550 | +€149,642 | +36.8% |
| Equity | 10/15 | €301,288 | €435,138 | +€133,849 | +44.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €281,288 | €415,138 | +€133,849 | +47.6% |
| Distributable reserves | 133 | €281,288 | €415,138 | +€133,849 | +47.6% |
| Amounts payable | 17/49 | €105,620 | €121,413 | +€15,793 | +15.0% |
| Amounts payable within one year | 42/48 | €105,620 | €121,413 | +€15,793 | +15.0% |
| Trade debts | 44 | €141 | €10,667 | +€10,526 | +7464.9% |
| Suppliers | 440/4 | €141 | €10,667 | +€10,526 | +7464.9% |
| Taxes, remuneration and social security | 45 | €90,037 | €95,243 | +€5,206 | +5.8% |
| Taxes | 450/3 | €90,037 | €95,243 | +€5,206 | +5.8% |
| Other amounts payable | 47/48 | €15,442 | €15,503 | +€61 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,240 | €17,240 | = | 0.0% |
| Other operating charges | 640/8 | €1,088 | €2,714 | +€1,626 | +149.5% |
| Gross operating margin | 9900 | €228,538 | €226,130 | -€2,408 | -1.1% |
| Operating profit (loss) | 9901 | €210,210 | €206,176 | -€4,034 | -1.9% |
| Financial income | 75/76B | €1,354 | €211 | -€1,143 | -84.4% |
| Recurring financial income | 75 | €1,354 | €211 | -€1,143 | -84.4% |
| Financial charges | 65/66B | €8,766 | €7,272 | -€1,494 | -17.0% |
| Recurring financial charges | 65 | €8,766 | €7,272 | -€1,494 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €202,799 | €199,115 | -€3,683 | -1.8% |
| Income taxes | 67/77 | €63,977 | €65,266 | +€1,289 | +2.0% |
| Profit (loss) for the period | 9904 | €138,821 | €133,849 | -€4,972 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €138,821 | €133,849 | -€4,972 | -3.6% |
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 5 October 2026 via checked.be.