HOSTARII: 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.
What changed
HOSTARII
NACE 69.103, Activities of bailiffs
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€372,214
2023 · -€586,622+€214,408
Equity
-€1.8m
2023 · -€1.4m-€372,214
Cash
€203,514
2023 · €230,580-€27,066
Balance sheet total
€2.7m
2023 · €3.5m-€771,377
Largest movements
Assets
- Deferred charges and accrued income -€380,817
down €380,817 (-17.4%), from €2.2m to €1.8m
- Receivables within one year -€360,874
down €360,874 (-35.3%), from €1.0m to €661,697
Equity and liabilities
- Profit (loss) carried forward -€372,214
down €372,214 (-23.0%), from -€1.6m to -€2.0m
- Trade debts -€201,414
down €201,414 (-53.0%), from €379,952 to €178,538
- Debts after one year -€109,986
down €109,986 (-20.6%), from €534,986 to €425,000
- Short-term financial debts -€70,473
down €70,473 (-18.0%), from €390,473 to €320,000
Income statement
- Gross operating margin -€286,399
down €286,399 (-154.4%), from -€185,470 to -€471,868
- Write-downs -€153,467
new in 2024: -€153,467
From the 2023 result to the 2024 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 2023
-€586,622
Gross operating margin
-€286,399
Staff costs
-€1,161
Depreciation
+€3,380
Write-downs
+€153,467
Other operating charges
+€1,115
Other operating items
+€340,081
Financial income
+€799
Financial charges
+€3,124
Result 2024
-€372,214
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€174,671
Investment
+€2,000
Financing
-€203,738
Cash 2023
€230,580
From operations (derived)
+€174,671
Net result for the year
-€372,214
Depreciation
+€620
Receivables within one year
+€360,874
Deferred charges and accrued income
+€380,817
Trade debts
-€201,414
Tax, wage and social debts
-€2,886
Other debts
+€8,874
Investment (derived)
+€2,000
Investment in fixed assets (net)
+€2,000
Financing
-€203,738
Debts after one year
-€109,986
Current portion of long-term debt
-€23,279
Short-term financial debts
-€70,473
Cash 2024
€203,514
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,450,355 | €2,678,978 | -€771,377 | -22.4% |
| Fixed assets | 21/28 | €3,364 | €744 | -€2,620 | -77.9% |
| Tangible fixed assets | 22/27 | €1,364 | €744 | -€620 | -45.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,364 | €744 | -€620 | -45.5% |
| Financial fixed assets | 28 | €2,000 | €0 | -€2,000 | -100.0% |
| Current assets | 29/58 | €3,446,992 | €2,678,234 | -€768,758 | -22.3% |
| Amounts receivable within one year | 40/41 | €1,022,571 | €661,697 | -€360,874 | -35.3% |
| Trade receivables | 40 | €1,022,571 | €661,697 | -€360,874 | -35.3% |
| Cash at bank and in hand | 54/58 | €230,580 | €203,514 | -€27,066 | -11.7% |
| Deferred charges and accrued income | 490/1 | €2,193,841 | €1,813,024 | -€380,817 | -17.4% |
| Total equity and liabilities | 10/49 | €3,450,355 | €2,678,978 | -€771,377 | -22.4% |
| Equity | 10/15 | -€1,415,746 | -€1,787,960 | -€372,214 | -26.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | - | -€200,000 | |
| Issued capital | 100 | €200,000 | - | -€200,000 | |
| Profit (loss) carried forward | 14 | -€1,615,746 | -€1,987,960 | -€372,214 | -23.0% |
| Amounts payable | 17/49 | €4,866,101 | €4,466,938 | -€399,163 | -8.2% |
| Amounts payable after more than one year | 17 | €534,986 | €425,000 | -€109,986 | -20.6% |
| Financial debts | 170/4 | €534,986 | €425,000 | -€109,986 | -20.6% |
| Amounts payable within one year | 42/48 | €4,318,366 | €4,029,188 | -€289,177 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €133,265 | €109,986 | -€23,279 | -17.5% |
| Financial debts | 43 | €390,473 | €320,000 | -€70,473 | -18.0% |
| Credit institutions | 430/8 | €390,473 | €320,000 | -€70,473 | -18.0% |
| Trade debts | 44 | €379,952 | €178,538 | -€201,414 | -53.0% |
| Suppliers | 440/4 | €379,952 | €178,538 | -€201,414 | -53.0% |
| Taxes, remuneration and social security | 45 | €5,382 | €2,496 | -€2,886 | -53.6% |
| Taxes | 450/3 | €5,382 | €2,496 | -€2,886 | -53.6% |
| Other amounts payable | 47/48 | €3,409,295 | €3,418,169 | +€8,874 | +0.3% |
| Accrued charges and deferred income | 492/3 | €12,750 | €12,750 | = | 0.0% |
| Non-recurring operating income | 76A | - | €4,130 | +€4,130 | |
| Remuneration, social security and pensions | 62 | -€1,161 | €0 | +€1,161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,000 | €620 | -€3,380 | -84.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€153,467 | -€153,467 | |
| Other operating charges | 640/8 | €7,862 | €6,747 | -€1,115 | -14.2% |
| Non-recurring operating charges | 66A | €342,081 | €2,000 | -€340,081 | -99.4% |
| Gross operating margin | 9900 | -€185,470 | -€471,868 | -€286,399 | -154.4% |
| Operating profit (loss) | 9901 | -€538,252 | -€327,768 | +€210,484 | +39.1% |
| Financial income | 75/76B | - | €799 | +€799 | |
| Recurring financial income | 75 | - | €799 | +€799 | |
| Financial charges | 65/66B | €48,370 | €45,246 | -€3,124 | -6.5% |
| Recurring financial charges | 65 | €48,370 | €45,246 | -€3,124 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€586,622 | -€372,214 | +€214,408 | +36.5% |
| Profit (loss) for the period | 9904 | -€586,622 | -€372,214 | +€214,408 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€586,622 | -€372,214 | +€214,408 | +36.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.