HOSTE: 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.
HOSTE
Largest movements
- Stocks and contracts -€166,548
down €166,548 (-40.7%), from €409,319 to €242,771
- Receivables within one year +€78,356
up €78,356 (+140.2%), from €55,871 to €134,227
of which Other amounts receivable: +€53,384
- Tangible fixed assets -€34,798
down €34,798 (-4.0%), from €869,667 to €834,869
of which Land and buildings: -€20,308
- Short-term financial debts -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Reserves +€45,583
up €45,583 (+8.2%), from €558,985 to €604,569
of which Distributable reserves: +€52,345
- Debts after one year -€35,505
down €35,505 (-5.7%), from €624,480 to €588,976
- Advances received -€34,899
down €34,899 (-100.0%), from €34,899 to €0
- Financial charges -€37,203
down €37,203 (-65.6%), from €56,716 to €19,513
- Taxes +€17,298
up €17,298 (+200.0%), from €8,650 to €25,948
- Depreciation -€9,070
down €9,070 (-23.2%), from €39,121 to €30,050
- Gross operating margin +€5,301
up €5,301 (+4.5%), from €117,897 to €123,198
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 | €1,486,342 | €1,348,022 | -€138,319 | -9.3% |
| Formation expenses | 20 | €352 | €0 | -€352 | -100.0% |
| Fixed assets | 21/28 | €870,889 | €835,375 | -€35,514 | -4.1% |
| Intangible fixed assets | 21 | €1,223 | €507 | -€716 | -58.5% |
| Tangible fixed assets | 22/27 | €869,667 | €834,869 | -€34,798 | -4.0% |
| Land and buildings | 22 | €851,175 | €830,866 | -€20,308 | -2.4% |
| Plant, machinery and equipment | 23 | €11,522 | €1,251 | -€10,271 | -89.1% |
| Furniture and vehicles | 24 | €6,970 | €2,751 | -€4,219 | -60.5% |
| Current assets | 29/58 | €615,100 | €512,647 | -€102,453 | -16.7% |
| Stocks and contracts in progress | 3 | €409,319 | €242,771 | -€166,548 | -40.7% |
| Stocks | 30/36 | €409,319 | €242,771 | -€166,548 | -40.7% |
| Amounts receivable within one year | 40/41 | €55,871 | €134,227 | +€78,356 | +140.2% |
| Trade receivables | 40 | €52,471 | €77,443 | +€24,972 | +47.6% |
| Other amounts receivable | 41 | €3,400 | €56,784 | +€53,384 | +1570.1% |
| Cash at bank and in hand | 54/58 | €142,189 | €131,953 | -€10,236 | -7.2% |
| Deferred charges and accrued income | 490/1 | €7,721 | €3,696 | -€4,025 | -52.1% |
| Total equity and liabilities | 10/49 | €1,486,342 | €1,348,022 | -€138,319 | -9.3% |
| Equity | 10/15 | €577,577 | €623,161 | +€45,583 | +7.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €558,985 | €604,569 | +€45,583 | +8.2% |
| Tax-exempt reserves | 132 | €237,926 | €231,164 | -€6,761 | -2.8% |
| Distributable reserves | 133 | €321,060 | €373,404 | +€52,345 | +16.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €83,073 | €80,233 | -€2,840 | -3.4% |
| Deferred taxes | 168 | €83,073 | €80,233 | -€2,840 | -3.4% |
| Amounts payable | 17/49 | €825,691 | €644,629 | -€181,063 | -21.9% |
| Amounts payable after more than one year | 17 | €624,480 | €588,976 | -€35,505 | -5.7% |
| Financial debts | 170/4 | €624,480 | €588,976 | -€35,505 | -5.7% |
| Amounts payable within one year | 42/48 | €200,333 | €54,774 | -€145,559 | -72.7% |
| Current portion of amounts payable after more than one year | 42 | €37,910 | €35,505 | -€2,405 | -6.3% |
| Financial debts | 43 | €100,000 | €0 | -€100,000 | -100.0% |
| Credit institutions | 430/8 | €100,000 | €0 | -€100,000 | -100.0% |
| Trade debts | 44 | €9,659 | €2,627 | -€7,032 | -72.8% |
| Suppliers | 440/4 | €9,659 | €2,627 | -€7,032 | -72.8% |
| Advances received on contracts in progress | 46 | €34,899 | €0 | -€34,899 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,205 | €16,091 | +€12,887 | +402.1% |
| Taxes | 450/3 | €1,705 | €16,091 | +€14,387 | +844.0% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100.0% |
| Other amounts payable | 47/48 | €14,661 | €551 | -€14,109 | -96.2% |
| Accrued charges and deferred income | 492/3 | €878 | €879 | +€1 | +0.1% |
| Non-recurring operating income | 76A | €0 | €8,758 | +€8,758 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,121 | €30,050 | -€9,070 | -23.2% |
| Other operating charges | 640/8 | €5,511 | €5,729 | +€218 | +4.0% |
| Gross operating margin | 9900 | €117,897 | €123,198 | +€5,301 | +4.5% |
| Operating profit (loss) | 9901 | €73,266 | €87,419 | +€14,153 | +19.3% |
| Financial income | 75/76B | €1,228 | €786 | -€443 | -36.0% |
| Recurring financial income | 75 | €1,228 | €786 | -€443 | -36.0% |
| Financial charges | 65/66B | €56,716 | €19,513 | -€37,203 | -65.6% |
| Recurring financial charges | 65 | €56,716 | €19,513 | -€37,203 | -65.6% |
| Profit (loss) for the period before taxes | 9903 | €17,778 | €68,692 | +€50,914 | +286.4% |
| Transfer from deferred taxes | 780 | €2,840 | €2,840 | = | 0.0% |
| Income taxes | 67/77 | €8,650 | €25,948 | +€17,298 | +200.0% |
| Profit (loss) for the period | 9904 | €11,967 | €45,583 | +€33,616 | +280.9% |
| Transfer from tax-exempt reserves | 789 | €6,761 | €6,761 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,729 | €52,345 | +€33,616 | +179.5% |
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 6 October 2026 via checked.be.