HOSTE - VERLEYSEN: 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 - VERLEYSEN
Largest movements
- Current investments +€126,000
up €126,000 (+252.0%), from €50,000 to €176,000
- Cash -€79,107
down €79,107 (-28.2%), from €280,379 to €201,272
mainly Contributions, distributions and other (-€180,000) and Current investments (-€126,000)
- Tangible fixed assets -€21,913
down €21,913 (-28.9%), from €75,719 to €53,806
of which Furniture and vehicles: -€24,519
- Other debts +€160,154
up €160,154 (+620.8%), from €25,799 to €185,952
- Reserves -€135,893
down €135,893 (-39.9%), from €340,985 to €205,092
of which Distributable reserves: -€135,893
- Staff costs -€11,658
no longer reported in 2025 (was €11,658)
- Depreciation -€5,435
down €5,435 (-21.2%), from €25,695 to €20,260
- Gross operating margin -€4,637
down €4,637 (-4.9%), from €95,586 to €90,949
- Taxes +€1,249
up €1,249 (+6.0%), from €20,735 to €21,984
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 | €410,774 | €433,623 | +€22,849 | +5.6% |
| Fixed assets | 21/28 | €75,719 | €53,806 | -€21,913 | -28.9% |
| Tangible fixed assets | 22/27 | €75,719 | €53,806 | -€21,913 | -28.9% |
| Plant, machinery and equipment | 23 | €1,700 | €1,509 | -€191 | -11.2% |
| Furniture and vehicles | 24 | €62,485 | €37,966 | -€24,519 | -39.2% |
| Other tangible fixed assets | 26 | €11,534 | €14,331 | +€2,797 | +24.2% |
| Current assets | 29/58 | €335,054 | €379,817 | +€44,763 | +13.4% |
| Current investments | 50/53 | €50,000 | €176,000 | +€126,000 | +252.0% |
| Cash at bank and in hand | 54/58 | €280,379 | €201,272 | -€79,107 | -28.2% |
| Deferred charges and accrued income | 490/1 | €4,676 | €2,545 | -€2,131 | -45.6% |
| Total equity and liabilities | 10/49 | €410,774 | €433,623 | +€22,849 | +5.6% |
| Equity | 10/15 | €374,511 | €238,618 | -€135,893 | -36.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €340,985 | €205,092 | -€135,893 | -39.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €339,125 | €203,232 | -€135,893 | -40.1% |
| Profit (loss) carried forward | 14 | €27,326 | €27,326 | = | 0.0% |
| Amounts payable | 17/49 | €36,263 | €195,005 | +€158,743 | +437.8% |
| Amounts payable within one year | 42/48 | €36,263 | €195,005 | +€158,743 | +437.8% |
| Trade debts | 44 | €7,374 | €3,469 | -€3,905 | -53.0% |
| Suppliers | 440/4 | €7,374 | €3,469 | -€3,905 | -53.0% |
| Taxes, remuneration and social security | 45 | €3,091 | €5,584 | +€2,494 | +80.7% |
| Taxes | 450/3 | €3,091 | €5,584 | +€2,494 | +80.7% |
| Other amounts payable | 47/48 | €25,799 | €185,952 | +€160,154 | +620.8% |
| Remuneration, social security and pensions | 62 | €11,658 | - | -€11,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,695 | €20,260 | -€5,435 | -21.2% |
| Non-recurring operating charges | 66A | - | €6,159 | +€6,159 | |
| Gross operating margin | 9900 | €95,586 | €90,949 | -€4,637 | -4.9% |
| Operating profit (loss) | 9901 | €58,234 | €64,530 | +€6,297 | +10.8% |
| Financial income | 75/76B | €1,127 | €1,684 | +€557 | +49.4% |
| Recurring financial income | 75 | €1,127 | €1,684 | +€557 | +49.4% |
| Financial charges | 65/66B | €1 | €123 | +€123 | +18589.4% |
| Recurring financial charges | 65 | €1 | €123 | +€123 | +18589.4% |
| Profit (loss) for the period before taxes | 9903 | €59,360 | €66,091 | +€6,731 | +11.3% |
| Income taxes | 67/77 | €20,735 | €21,984 | +€1,249 | +6.0% |
| Profit (loss) for the period | 9904 | €38,625 | €44,107 | +€5,482 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,625 | €44,107 | +€5,482 | +14.2% |
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 7 October 2026 via checked.be.