HOSTE RAOUL: 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 RAOUL
Largest movements
- Receivables within one year +€22,447
up €22,447 (+11.3%), from €197,899 to €220,346
of which Other amounts receivable: +€16,038
- Tangible fixed assets -€12,994
down €12,994 (-24.9%), from €52,262 to €39,268
of which Furniture and vehicles: -€7,790
- Trade debts +€32,262
up €32,262 (+154%), from €20,998 to €53,260
- Tax, wage and social debts -€23,449
down €23,449 (-87.9%), from €26,687 to €3,238
- Other debts +€20,471
up €20,471 (+637%), from €3,214 to €23,685
- Advances received -€18,539
down €18,539 (-89.7%), from €20,669 to €2,130
- Reserves +€8,925
up €8,925 (+3.9%), from €227,027 to €235,952
of which Distributable reserves: +€8,925
- Gross operating margin -€63,769
down €63,769 (-48.3%), from €131,936 to €68,168
- Taxes -€18,379
down €18,379 (-57.0%), from €32,262 to €13,883
- Financial charges +€2,929
up €2,929 (+47.9%), from €6,119 to €9,047
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 | €345,354 | €354,649 | +€9,295 | +2.7% |
| Fixed assets | 21/28 | €52,808 | €39,813 | -€12,994 | -24.6% |
| Tangible fixed assets | 22/27 | €52,262 | €39,268 | -€12,994 | -24.9% |
| Land and buildings | 22 | €2,341 | €1,921 | -€421 | -18.0% |
| Plant, machinery and equipment | 23 | €17,428 | €12,645 | -€4,783 | -27.4% |
| Furniture and vehicles | 24 | €32,493 | €24,702 | -€7,790 | -24.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €545 | €545 | = | 0.0% |
| Current assets | 29/58 | €292,547 | €314,836 | +€22,289 | +7.6% |
| Stocks and contracts in progress | 3 | €4,500 | €4,500 | = | 0.0% |
| Stocks | 30/36 | €4,500 | €4,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €197,899 | €220,346 | +€22,447 | +11.3% |
| Trade receivables | 40 | €196,099 | €202,508 | +€6,409 | +3.3% |
| Other amounts receivable | 41 | €1,799 | €17,837 | +€16,038 | +891% |
| Cash at bank and in hand | 54/58 | €84,157 | €81,283 | -€2,874 | -3.4% |
| Deferred charges and accrued income | 490/1 | €5,990 | €8,707 | +€2,717 | +45.4% |
| Total equity and liabilities | 10/49 | €345,354 | €354,649 | +€9,295 | +2.7% |
| Equity | 10/15 | €245,627 | €254,552 | +€8,925 | +3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €227,027 | €235,952 | +€8,925 | +3.9% |
| Non-distributable reserves | 130/1 | €1,267 | €1,267 | = | 0.0% |
| Other | 1319 | €1,267 | €1,267 | = | 0.0% |
| Distributable reserves | 133 | €225,760 | €234,685 | +€8,925 | +4.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €99,727 | €100,097 | +€370 | +0.4% |
| Amounts payable after more than one year | 17 | €17,624 | €10,015 | -€7,610 | -43.2% |
| Financial debts | 170/4 | €17,624 | €10,015 | -€7,610 | -43.2% |
| Amounts payable within one year | 42/48 | €80,247 | €89,923 | +€9,676 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €8,680 | €7,610 | -€1,070 | -12.3% |
| Trade debts | 44 | €20,998 | €53,260 | +€32,262 | +154% |
| Suppliers | 440/4 | €20,998 | €53,260 | +€32,262 | +154% |
| Advances received on contracts in progress | 46 | €20,669 | €2,130 | -€18,539 | -89.7% |
| Taxes, remuneration and social security | 45 | €26,687 | €3,238 | -€23,449 | -87.9% |
| Taxes | 450/3 | €26,687 | €3,238 | -€23,449 | -87.9% |
| Other amounts payable | 47/48 | €3,214 | €23,685 | +€20,471 | +637% |
| Accrued charges and deferred income | 492/3 | €1,856 | €160 | -€1,696 | -91.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,686 | €15,352 | +€666 | +4.5% |
| Other operating charges | 640/8 | €2,945 | €2,563 | -€383 | -13.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €131,936 | €68,168 | -€63,769 | -48.3% |
| Operating profit (loss) | 9901 | €114,305 | €50,253 | -€64,052 | -56.0% |
| Financial income | 75/76B | €1,044 | €2,124 | +€1,080 | +103% |
| Recurring financial income | 75 | €1,044 | €2,124 | +€1,080 | +103% |
| Financial charges | 65/66B | €6,119 | €9,047 | +€2,929 | +47.9% |
| Recurring financial charges | 65 | €6,119 | €9,047 | +€2,929 | +47.9% |
| Profit (loss) for the period before taxes | 9903 | €109,230 | €43,330 | -€65,900 | -60.3% |
| Income taxes | 67/77 | €32,262 | €13,883 | -€18,379 | -57.0% |
| Profit (loss) for the period | 9904 | €76,968 | €29,447 | -€47,521 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €76,968 | €29,447 | -€47,521 | -61.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.