HOSTE KJELL: 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.
HOSTE KJELL
Largest movements
- Receivables within one year +€9,200
up €9,200 (+145%), from €6,340 to €15,540
of which Other amounts receivable: +€5,083
- Cash -€6,197
down €6,197 (-75.3%), from €8,232 to €2,035
mainly Receivables within one year (-€9,200) and Debts after one year (-€7,504)
- Tangible fixed assets -€4,718
down €4,718 (-28.0%), from €16,827 to €12,109
of which Leasing and similar rights: -€5,946
- Deferred charges and accrued income +€1,582
up €1,582 (+101%), from €1,567 to €3,150
- Trade debts +€8,627
up €8,627 (+12,993%), from €66 to €8,693
- Debts after one year -€7,504
down €7,504 (-100%), from €7,504 to €0
- Tax, wage and social debts +€2,445
up €2,445 (+120%), from €2,031 to €4,476
- Other debts -€2,371
down €2,371 (-74.0%), from €3,204 to €833
- Current portion of long-term debt -€1,387
down €1,387 (-15.6%), from €8,891 to €7,504
- Gross operating margin -€5,044
down €5,044 (-35.7%), from €14,129 to €9,085
- Depreciation +€1,938
up €1,938 (+47.0%), from €4,119 to €6,057
- Taxes -€636
down €636 (-31.3%), from €2,031 to €1,395
- Financial income +€292
new in 2025: €292
- Other operating charges +€247
up €247 (+44.1%), from €560 to €807
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.
Derived cash bridge
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 | €32,967 | €32,833 | -€133 | -0.4% |
| Fixed assets | 21/28 | €16,827 | €12,109 | -€4,718 | -28.0% |
| Tangible fixed assets | 22/27 | €16,827 | €12,109 | -€4,718 | -28.0% |
| Furniture and vehicles | 24 | - | €1,227 | +€1,227 | |
| Leasing and similar rights | 25 | €16,827 | €10,881 | -€5,946 | -35.3% |
| Current assets | 29/58 | €16,140 | €20,725 | +€4,585 | +28.4% |
| Amounts receivable within one year | 40/41 | €6,340 | €15,540 | +€9,200 | +145% |
| Trade receivables | 40 | €5,503 | €9,620 | +€4,117 | +74.8% |
| Other amounts receivable | 41 | €837 | €5,920 | +€5,083 | +607% |
| Cash at bank and in hand | 54/58 | €8,232 | €2,035 | -€6,197 | -75.3% |
| Deferred charges and accrued income | 490/1 | €1,567 | €3,150 | +€1,582 | +101% |
| Total equity and liabilities | 10/49 | €32,967 | €32,833 | -€133 | -0.4% |
| Equity | 10/15 | €11,270 | €11,327 | +€57 | +0.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,270 | €6,327 | +€57 | +0.9% |
| Distributable reserves | 133 | €6,270 | €6,327 | +€57 | +0.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,696 | €21,506 | -€190 | -0.9% |
| Amounts payable after more than one year | 17 | €7,504 | €0 | -€7,504 | -100% |
| Financial debts | 170/4 | €7,504 | €0 | -€7,504 | -100% |
| Amounts payable within one year | 42/48 | €14,192 | €21,506 | +€7,314 | +51.5% |
| Current portion of amounts payable after more than one year | 42 | €8,891 | €7,504 | -€1,387 | -15.6% |
| Trade debts | 44 | €66 | €8,693 | +€8,627 | +12,993% |
| Suppliers | 440/4 | €66 | €8,693 | +€8,627 | +12,993% |
| Taxes, remuneration and social security | 45 | €2,031 | €4,476 | +€2,445 | +120% |
| Taxes | 450/3 | €2,031 | €4,476 | +€2,445 | +120% |
| Other amounts payable | 47/48 | €3,204 | €833 | -€2,371 | -74.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,119 | €6,057 | +€1,938 | +47.0% |
| Other operating charges | 640/8 | €560 | €807 | +€247 | +44.1% |
| Gross operating margin | 9900 | €14,129 | €9,085 | -€5,044 | -35.7% |
| Operating profit (loss) | 9901 | €9,450 | €2,221 | -€7,228 | -76.5% |
| Financial income | 75/76B | - | €292 | +€292 | |
| Recurring financial income | 75 | - | €292 | +€292 | |
| Financial charges | 65/66B | €315 | €229 | -€86 | -27.3% |
| Recurring financial charges | 65 | €315 | €229 | -€86 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €9,134 | €2,285 | -€6,850 | -75.0% |
| Income taxes | 67/77 | €2,031 | €1,395 | -€636 | -31.3% |
| Profit (loss) for the period | 9904 | €7,103 | €890 | -€6,214 | -87.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,103 | €890 | -€6,214 | -87.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.