HOSTRUCT: 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.
HOSTRUCT
Largest movements
- Cash +€65,464
up €65,464 (+34.0%), from €192,609 to €258,073
mainly Other debts (+€58,826) and Receivables within one year (+€52,355)
- Receivables within one year -€52,355
down €52,355 (-36.9%), from €142,000 to €89,646
of which Trade receivables: -€26,840
- Tangible fixed assets -€5,705
down €5,705 (-56.5%), from €10,102 to €4,397
of which Furniture and vehicles: -€4,700
- Other debts +€58,826
up €58,826 (+118.9%), from €49,461 to €108,287
- Reserves -€42,619
down €42,619 (-16.5%), from €259,011 to €216,392
- Tax, wage and social debts -€11,709
down €11,709 (-45.5%), from €25,754 to €14,046
of which Taxes: -€11,345
- Staff costs -€13,753
down €13,753 (-46.7%), from €29,431 to €15,678
- Taxes +€7,245
up €7,245 (+66.3%), from €10,927 to €18,172
- Gross operating margin -€5,789
down €5,789 (-7.0%), from €83,082 to €77,293
- Financial charges -€4,416
down €4,416 (-78.2%), from €5,651 to €1,235
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 | €351,710 | €358,072 | +€6,362 | +1.8% |
| Fixed assets | 21/28 | €10,102 | €4,397 | -€5,705 | -56.5% |
| Tangible fixed assets | 22/27 | €10,102 | €4,397 | -€5,705 | -56.5% |
| Plant, machinery and equipment | 23 | €133 | - | -€133 | |
| Furniture and vehicles | 24 | €8,225 | €3,525 | -€4,700 | -57.1% |
| Other tangible fixed assets | 26 | €1,744 | €872 | -€872 | -50.0% |
| Current assets | 29/58 | €341,608 | €353,675 | +€12,067 | +3.5% |
| Stocks and contracts in progress | 3 | €1,917 | €2,247 | +€330 | +17.2% |
| Stocks | 30/36 | €1,917 | €2,247 | +€330 | +17.2% |
| Amounts receivable within one year | 40/41 | €142,000 | €89,646 | -€52,355 | -36.9% |
| Trade receivables | 40 | €109,155 | €82,315 | -€26,840 | -24.6% |
| Other amounts receivable | 41 | €32,846 | €7,331 | -€25,515 | -77.7% |
| Cash at bank and in hand | 54/58 | €192,609 | €258,073 | +€65,464 | +34.0% |
| Deferred charges and accrued income | 490/1 | €5,082 | €3,710 | -€1,372 | -27.0% |
| Total equity and liabilities | 10/49 | €351,710 | €358,072 | +€6,362 | +1.8% |
| Equity | 10/15 | €271,411 | €228,792 | -€42,619 | -15.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €259,011 | €216,392 | -€42,619 | -16.5% |
| Distributable reserves | 133 | €259,011 | €216,392 | -€42,619 | -16.5% |
| Amounts payable | 17/49 | €80,299 | €129,280 | +€48,981 | +61.0% |
| Amounts payable within one year | 42/48 | €80,299 | €129,280 | +€48,981 | +61.0% |
| Trade debts | 44 | €5,084 | €6,948 | +€1,864 | +36.7% |
| Suppliers | 440/4 | €5,084 | €6,948 | +€1,864 | +36.7% |
| Taxes, remuneration and social security | 45 | €25,754 | €14,046 | -€11,709 | -45.5% |
| Taxes | 450/3 | €21,815 | €10,471 | -€11,345 | -52.0% |
| Remuneration and social security | 454/9 | €3,939 | €3,575 | -€364 | -9.2% |
| Other amounts payable | 47/48 | €49,461 | €108,287 | +€58,826 | +118.9% |
| Remuneration, social security and pensions | 62 | €29,431 | €15,678 | -€13,753 | -46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,772 | €5,705 | -€67 | -1.2% |
| Other operating charges | 640/8 | €406 | €414 | +€8 | +1.9% |
| Gross operating margin | 9900 | €83,082 | €77,293 | -€5,789 | -7.0% |
| Operating profit (loss) | 9901 | €47,473 | €55,496 | +€8,023 | +16.9% |
| Financial income | 75/76B | €636 | €648 | +€12 | +1.9% |
| Recurring financial income | 75 | €636 | €648 | +€12 | +1.9% |
| Financial charges | 65/66B | €5,651 | €1,235 | -€4,416 | -78.2% |
| Recurring financial charges | 65 | €5,651 | €1,235 | -€4,416 | -78.2% |
| Profit (loss) for the period before taxes | 9903 | €42,458 | €54,909 | +€12,451 | +29.3% |
| Income taxes | 67/77 | €10,927 | €18,172 | +€7,245 | +66.3% |
| Profit (loss) for the period | 9904 | €31,531 | €36,738 | +€5,206 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,531 | €36,738 | +€5,206 | +16.5% |
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 3 October 2026 via checked.be.