HOSTIJN: 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.
What changed
HOSTIJN
NACE 10.120, Manufacture of food products
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€1.3m
2023 · €1.2m+€109,880
Equity
€6.5m
2023 · €5.2m+€1.3m
Cash
€2.3m
2023 · €2.1m+€177,758
Balance sheet total
€7.8m
2023 · €6.4m+€1.3m
Largest movements
Assets
- Receivables after one year +€2.8m
new in 2024: €2.8m
of which Trade receivables: +€2.6m
- Receivables within one year -€2.2m
no longer reported in 2024 (was €2.2m)
of which Trade receivables: -€2.0m
- Tangible fixed assets +€532,681
up €532,681 (+26.6%), from €2.0m to €2.5m
- Cash +€177,758
up €177,758 (+8.5%), from €2.1m to €2.3m
mainly Receivables within one year (+€2.2m) and Net result for the year (+€1.3m)
Equity and liabilities
- Reserves +€1.4m
up €1.4m (+27.1%), from €5.0m to €6.4m
Income statement
- Turnover +€17.2m
new in 2024: €17.2m
- Purchases and services +€13.8m
new in 2024: €13.8m
- Gross operating margin +€390,652
up €390,652 (+12.9%), from €3.0m to €3.4m
From the 2023 result to the 2024 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.
Result 2023
€1.2m
Gross operating margin
+€390,652
Staff costs
-€157,371
Depreciation
-€161,279
Other operating charges
-€49,822
Financial income
-€4,454
Financial charges
-€11,594
Taxes
+€103,747
Result 2024
€1.3m
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.3m
Investment
-€1.1m
Financing
-€37,500
Cash 2023
€2.1m
From operations (derived)
+€1.3m
Net result for the year
+€1.3m
Depreciation
+€531,835
Receivables after one year
-€2.8m
Stocks and contracts
+€28,643
Receivables within one year
+€2.2m
Deferred charges and accrued income
-€38,777
Trade debts
+€12,345
Tax, wage and social debts
+€75,286
Other debts
-€52,044
Accrued charges and deferred income
-€1,774
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
-€37,500
Debts after one year
-€37,500
Cash 2024
€2.3m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,426,058 | €7,763,989 | +€1.3m | +20.8% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €1,999,973 | €2,532,924 | +€532,951 | +26.6% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €1,999,703 | €2,532,384 | +€532,681 | +26.6% |
| Land and buildings | 22 | €955,594 | €1,132,054 | +€176,460 | +18.5% |
| Plant, machinery and equipment | 23 | €539,880 | €781,003 | +€241,122 | +44.7% |
| Furniture and vehicles | 24 | €504,229 | €619,327 | +€115,098 | +22.8% |
| Financial fixed assets | 28 | €270 | €540 | +€270 | +100.0% |
| Current assets | 29/58 | €4,426,085 | €5,231,065 | +€804,980 | +18.2% |
| Amounts receivable after more than one year | 29 | - | €2,836,255 | +€2.8m | |
| Trade receivables | 290 | - | €2,598,564 | +€2.6m | |
| Other amounts receivable | 291 | - | €237,692 | +€237,692 | |
| Stocks and contracts in progress | 3 | €117,591 | €88,949 | -€28,643 | -24.4% |
| Stocks | 30/36 | €117,591 | €88,949 | -€28,643 | -24.4% |
| Amounts receivable within one year | 40/41 | €2,219,168 | - | -€2.2m | |
| Trade receivables | 40 | €1,958,373 | - | -€2.0m | |
| Other amounts receivable | 41 | €260,795 | - | -€260,795 | |
| Cash at bank and in hand | 54/58 | €2,083,218 | €2,260,975 | +€177,758 | +8.5% |
| Deferred charges and accrued income | 490/1 | €6,109 | €44,886 | +€38,777 | +634.8% |
| Total equity and liabilities | 10/49 | €6,426,058 | €7,763,989 | +€1.3m | +20.8% |
| Equity | 10/15 | €5,175,004 | €6,516,621 | +€1.3m | +25.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €5,048,212 | €6,416,621 | +€1.4m | +27.1% |
| Distributable reserves | 133 | €5,048,212 | €6,416,621 | +€1.4m | +27.1% |
| Profit (loss) carried forward | 14 | €26,791 | €0 | -€26,791 | -100.0% |
| Provisions and deferred taxes | 16 | €60,000 | €60,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €60,000 | €60,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,191,054 | €1,187,368 | -€3,687 | -0.3% |
| Amounts payable after more than one year | 17 | €225,000 | €187,500 | -€37,500 | -16.7% |
| Financial debts | 170/4 | €225,000 | €187,500 | -€37,500 | -16.7% |
| Amounts payable within one year | 42/48 | €958,296 | €993,883 | +€35,587 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €37,500 | €37,500 | = | 0.0% |
| Trade debts | 44 | €342,942 | €355,287 | +€12,345 | +3.6% |
| Suppliers | 440/4 | €342,942 | €355,287 | +€12,345 | +3.6% |
| Taxes, remuneration and social security | 45 | €83,889 | €159,175 | +€75,286 | +89.7% |
| Taxes | 450/3 | €6,606 | €21,361 | +€14,755 | +223.4% |
| Remuneration and social security | 454/9 | €77,283 | €137,813 | +€60,530 | +78.3% |
| Other amounts payable | 47/48 | €493,965 | €441,921 | -€52,044 | -10.5% |
| Accrued charges and deferred income | 492/3 | €7,759 | €5,985 | -€1,774 | -22.9% |
| Turnover | 70 | - | €17,239,733 | +€17.2m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €13,821,415 | +€13.8m | |
| Remuneration, social security and pensions | 62 | €733,472 | €890,843 | +€157,371 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €370,556 | €531,835 | +€161,279 | +43.5% |
| Other operating charges | 640/8 | €92,386 | €142,207 | +€49,822 | +53.9% |
| Gross operating margin | 9900 | €3,027,669 | €3,418,321 | +€390,652 | +12.9% |
| Operating profit (loss) | 9901 | €1,831,255 | €1,853,436 | +€22,181 | +1.2% |
| Financial income | 75/76B | €7,398 | €2,944 | -€4,454 | -60.2% |
| Recurring financial income | 75 | €7,398 | €2,944 | -€4,454 | -60.2% |
| Financial charges | 65/66B | €32,295 | €43,889 | +€11,594 | +35.9% |
| Recurring financial charges | 65 | €32,295 | €43,889 | +€11,594 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €1,806,358 | €1,812,491 | +€6,133 | +0.3% |
| Income taxes | 67/77 | €574,621 | €470,874 | -€103,747 | -18.1% |
| Profit (loss) for the period | 9904 | €1,231,737 | €1,341,617 | +€109,880 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,231,737 | €1,341,617 | +€109,880 | +8.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.