HosteVanhee: 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.
HosteVanhee
Largest movements
- Receivables within one year -€50,715
down €50,715 (-40.1%), from €126,625 to €75,911
- Cash -€26,980
down €26,980 (-29.6%), from €91,155 to €64,176
mainly Contributions, distributions and other (-€100,000) and Investment in fixed assets (net) (-€52,345)
- Deferred charges and accrued income +€20,043
up €20,043 (+490%), from €4,088 to €24,130
- Profit (loss) carried forward -€65,121
down €65,121 (-99.6%), from €65,368 to €247
- Other debts +€54,312
up €54,312 (+101%), from €53,970 to €108,282
- Trade debts -€28,563
down €28,563 (-68.3%), from €41,836 to €13,273
- Tax, wage and social debts -€13,817
down €13,817 (-13.6%), from €101,899 to €88,082
of which Taxes: -€16,596
- Staff costs +€17,921
up €17,921 (+8.7%), from €206,297 to €224,218
- Write-downs +€13,512
up €13,512 (+225%), from €5,999 to €19,511
- Depreciation +€10,354
up €10,354 (+23.9%), from €43,373 to €53,727
- Taxes -€8,618
down €8,618 (-40.6%), from €21,221 to €12,603
- Gross operating margin -€6,222
down €6,222 (-1.6%), from €378,294 to €372,072
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 | €814,074 | €755,041 | -€59,033 | -7.3% |
| Fixed assets | 21/28 | €592,206 | €590,824 | -€1,382 | -0.2% |
| Tangible fixed assets | 22/27 | €590,708 | €589,326 | -€1,382 | -0.2% |
| Land and buildings | 22 | €414,055 | €423,711 | +€9,656 | +2.3% |
| Plant, machinery and equipment | 23 | €154,020 | €150,636 | -€3,384 | -2.2% |
| Furniture and vehicles | 24 | €22,633 | €14,979 | -€7,654 | -33.8% |
| Financial fixed assets | 28 | €1,498 | €1,498 | = | 0.0% |
| Current assets | 29/58 | €221,868 | €164,217 | -€57,651 | -26.0% |
| Amounts receivable within one year | 40/41 | €126,625 | €75,911 | -€50,715 | -40.1% |
| Trade receivables | 40 | €126,625 | €75,911 | -€50,715 | -40.1% |
| Cash at bank and in hand | 54/58 | €91,155 | €64,176 | -€26,980 | -29.6% |
| Deferred charges and accrued income | 490/1 | €4,088 | €24,130 | +€20,043 | +490% |
| Total equity and liabilities | 10/49 | €814,074 | €755,041 | -€59,033 | -7.3% |
| Equity | 10/15 | €96,968 | €31,847 | -€65,121 | -67.2% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €31,000 | €31,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,500 | €4,500 | = | 0.0% |
| Distributable reserves | 133 | €26,500 | €26,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,368 | €247 | -€65,121 | -99.6% |
| Amounts payable | 17/49 | €717,106 | €723,194 | +€6,088 | +0.8% |
| Amounts payable after more than one year | 17 | €487,138 | €480,569 | -€6,570 | -1.3% |
| Financial debts | 170/4 | €487,138 | €480,569 | -€6,570 | -1.3% |
| Amounts payable within one year | 42/48 | €227,127 | €242,625 | +€15,498 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €29,421 | €32,987 | +€3,567 | +12.1% |
| Trade debts | 44 | €41,836 | €13,273 | -€28,563 | -68.3% |
| Suppliers | 440/4 | €41,836 | €13,273 | -€28,563 | -68.3% |
| Taxes, remuneration and social security | 45 | €101,899 | €88,082 | -€13,817 | -13.6% |
| Taxes | 450/3 | €71,191 | €54,595 | -€16,596 | -23.3% |
| Remuneration and social security | 454/9 | €30,708 | €33,487 | +€2,778 | +9.0% |
| Other amounts payable | 47/48 | €53,970 | €108,282 | +€54,312 | +101% |
| Accrued charges and deferred income | 492/3 | €2,841 | - | -€2,841 | |
| Remuneration, social security and pensions | 62 | €206,297 | €224,218 | +€17,921 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,373 | €53,727 | +€10,354 | +23.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,999 | €19,511 | +€13,512 | +225% |
| Other operating charges | 640/8 | €5,333 | €2,584 | -€2,750 | -51.6% |
| Gross operating margin | 9900 | €378,294 | €372,072 | -€6,222 | -1.6% |
| Operating profit (loss) | 9901 | €117,292 | €72,033 | -€45,258 | -38.6% |
| Financial income | 75/76B | €380 | €1 | -€379 | -99.8% |
| Recurring financial income | 75 | €380 | €1 | -€379 | -99.8% |
| Financial charges | 65/66B | €27,481 | €24,551 | -€2,930 | -10.7% |
| Recurring financial charges | 65 | €27,481 | €24,551 | -€2,930 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €90,190 | €47,483 | -€42,707 | -47.4% |
| Income taxes | 67/77 | €21,221 | €12,603 | -€8,618 | -40.6% |
| Profit (loss) for the period | 9904 | €68,968 | €34,879 | -€34,089 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,968 | €34,879 | -€34,089 | -49.4% |
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 13 October 2026 via checked.be.