HST Insurance: what changed
What changed
HST Insurance
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€123,943
2024 · €75,034+€48,909
Equity
€454,541
2024 · €332,598+€121,943
Cash
€13,184
2024 · €235+€12,949
Balance sheet total
€1.1m
2024 · €1.1m+€14,660
Largest movements
Assets
- Cash +€12,949
up €12,949 (+5,506%), from €235 to €13,184
mainly Net result for the year (+€123,943) and Depreciation (+€10,399)
- Receivables within one year +€11,947
up €11,947 (+10.7%), from €111,297 to €123,244
Equity and liabilities
- Profit (loss) carried forward +€121,943
up €121,943 (+39.1%), from €311,598 to €433,541
- Debts after one year -€98,428
down €98,428 (-18.6%), from €529,777 to €431,349
- Trade debts -€21,001
down €21,001 (-33.8%), from €62,052 to €41,051
Income statement
- Gross operating margin +€47,922
up €47,922 (+16.7%), from €286,485 to €334,407
- Taxes +€10,225
up €10,225 (+29.0%), from €35,306 to €45,531
- Staff costs -€10,181
down €10,181 (-7.2%), from €141,626 to €131,445
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€75,034
Gross operating margin
+€47,922
Staff costs
+€10,181
Depreciation
+€1,066
Other operating charges
-€295
Financial income
+€0
Financial charges
+€260
Taxes
-€10,225
Result 2025
€123,943
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€111,632
Investment
€0
Financing
-€98,684
Cash 2024
€235
From operations (derived)
+€111,632
Net result for the year
+€123,943
Depreciation
+€10,399
Receivables within one year
-€11,947
Deferred charges and accrued income
-€163
Trade debts
-€21,001
Tax, wage and social debts
+€8,401
Other debts
+€2,000
Financing
-€98,684
Debts after one year
-€98,428
Current portion of long-term debt
+€1,745
Contributions, distributions and other
-€2,000
Cash 2025
€13,184
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,095,160 | €1,109,820 | +€14,660 | +1.3% |
| Formation expenses | 20 | €3,797 | €0 | -€3,797 | -100% |
| Fixed assets | 21/28 | €977,079 | €970,477 | -€6,601 | -0.7% |
| Tangible fixed assets | 22/27 | €27,379 | €20,777 | -€6,601 | -24.1% |
| Furniture and vehicles | 24 | €15,369 | €11,657 | -€3,712 | -24.2% |
| Other tangible fixed assets | 26 | €12,010 | €9,120 | -€2,890 | -24.1% |
| Financial fixed assets | 28 | €949,700 | €949,700 | = | 0.0% |
| Current assets | 29/58 | €114,284 | €139,343 | +€25,059 | +21.9% |
| Amounts receivable within one year | 40/41 | €111,297 | €123,244 | +€11,947 | +10.7% |
| Trade receivables | 40 | €111,297 | €123,244 | +€11,947 | +10.7% |
| Cash at bank and in hand | 54/58 | €235 | €13,184 | +€12,949 | +5,506% |
| Deferred charges and accrued income | 490/1 | €2,752 | €2,915 | +€163 | +5.9% |
| Total equity and liabilities | 10/49 | €1,095,160 | €1,109,820 | +€14,660 | +1.3% |
| Equity | 10/15 | €332,598 | €454,541 | +€121,943 | +36.7% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €311,598 | €433,541 | +€121,943 | +39.1% |
| Amounts payable | 17/49 | €762,562 | €655,279 | -€107,283 | -14.1% |
| Amounts payable after more than one year | 17 | €529,777 | €431,349 | -€98,428 | -18.6% |
| Financial debts | 170/4 | €529,777 | €431,349 | -€98,428 | -18.6% |
| Amounts payable within one year | 42/48 | €224,002 | €215,147 | -€8,855 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €96,684 | €98,428 | +€1,745 | +1.8% |
| Trade debts | 44 | €62,052 | €41,051 | -€21,001 | -33.8% |
| Suppliers | 440/4 | €62,052 | €41,051 | -€21,001 | -33.8% |
| Taxes, remuneration and social security | 45 | €45,267 | €53,668 | +€8,401 | +18.6% |
| Taxes | 450/3 | €20,971 | €26,760 | +€5,789 | +27.6% |
| Remuneration and social security | 454/9 | €24,296 | €26,908 | +€2,613 | +10.8% |
| Other amounts payable | 47/48 | €20,000 | €22,000 | +€2,000 | +10.0% |
| Accrued charges and deferred income | 492/3 | €8,783 | €8,783 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €141,626 | €131,445 | -€10,181 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,465 | €10,399 | -€1,066 | -9.3% |
| Other operating charges | 640/8 | €5,473 | €5,768 | +€295 | +5.4% |
| Gross operating margin | 9900 | €286,485 | €334,407 | +€47,922 | +16.7% |
| Operating profit (loss) | 9901 | €127,922 | €186,795 | +€58,873 | +46.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €17,581 | €17,322 | -€260 | -1.5% |
| Recurring financial charges | 65 | €17,581 | €17,322 | -€260 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €110,340 | €169,474 | +€59,133 | +53.6% |
| Income taxes | 67/77 | €35,306 | €45,531 | +€10,225 | +29.0% |
| Profit (loss) for the period | 9904 | €75,034 | €123,943 | +€48,909 | +65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €75,034 | €123,943 | +€48,909 | +65.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.