JW Hoste: 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.
JW Hoste
Largest movements
- Receivables within one year +€13,074
up €13,074 (+52.1%), from €25,110 to €38,184
of which Trade receivables: +€13,752
- Cash +€1,397
up €1,397 (+7.1%), from €19,811 to €21,208
mainly Net result for the year (+€26,700) and Other debts (+€19,674)
- Other debts +€19,674
up €19,674 (+280%), from €7,026 to €26,700
- Profit (loss) carried forward -€11,589
down €11,589 (-100%), from €11,589 to €0
- Tax, wage and social debts +€5,756
up €5,756 (+168%), from €3,436 to €9,192
- Trade debts +€684
up €684 (+31.1%), from €2,196 to €2,880
- Gross operating margin +€19,537
up €19,537 (+126%), from €15,457 to €34,994
- Taxes +€4,050
up €4,050 (+118%), from €3,436 to €7,486
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 | €47,277 | €61,802 | +€14,524 | +30.7% |
| Fixed assets | 21/28 | €2,276 | €2,007 | -€269 | -11.8% |
| Tangible fixed assets | 22/27 | €2,276 | €2,007 | -€269 | -11.8% |
| Plant, machinery and equipment | 23 | €2,276 | €2,007 | -€269 | -11.8% |
| Current assets | 29/58 | €45,001 | €59,794 | +€14,793 | +32.9% |
| Amounts receivable within one year | 40/41 | €25,110 | €38,184 | +€13,074 | +52.1% |
| Trade receivables | 40 | €15,523 | €29,275 | +€13,752 | +88.6% |
| Other amounts receivable | 41 | €9,587 | €8,909 | -€678 | -7.1% |
| Cash at bank and in hand | 54/58 | €19,811 | €21,208 | +€1,397 | +7.1% |
| Deferred charges and accrued income | 490/1 | €80 | €402 | +€322 | +401% |
| Total equity and liabilities | 10/49 | €47,277 | €61,802 | +€14,524 | +30.7% |
| Equity | 10/15 | €34,619 | €23,030 | -€11,589 | -33.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €21,030 | €21,030 | = | 0.0% |
| Distributable reserves | 133 | €21,030 | €21,030 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,589 | €0 | -€11,589 | -100% |
| Amounts payable | 17/49 | €12,658 | €38,772 | +€26,114 | +206% |
| Amounts payable within one year | 42/48 | €12,658 | €38,772 | +€26,114 | +206% |
| Trade debts | 44 | €2,196 | €2,880 | +€684 | +31.1% |
| Suppliers | 440/4 | €2,196 | €2,880 | +€684 | +31.1% |
| Taxes, remuneration and social security | 45 | €3,436 | €9,192 | +€5,756 | +168% |
| Taxes | 450/3 | €3,436 | €9,192 | +€5,756 | +168% |
| Other amounts payable | 47/48 | €7,026 | €26,700 | +€19,674 | +280% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €269 | €269 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €220 | +€220 | |
| Other operating charges | 640/8 | €204 | €302 | +€98 | +47.7% |
| Gross operating margin | 9900 | €15,457 | €34,994 | +€19,537 | +126% |
| Operating profit (loss) | 9901 | €14,983 | €34,203 | +€19,220 | +128% |
| Financial income | 75/76B | €139 | €26 | -€113 | -81.2% |
| Recurring financial income | 75 | €139 | €26 | -€113 | -81.2% |
| Financial charges | 65/66B | €97 | €43 | -€54 | -56.0% |
| Recurring financial charges | 65 | €97 | €43 | -€54 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | €15,025 | €34,186 | +€19,161 | +128% |
| Income taxes | 67/77 | €3,436 | €7,486 | +€4,050 | +118% |
| Profit (loss) for the period | 9904 | €11,589 | €26,700 | +€15,111 | +130% |
| Profit (loss) for the period to be appropriated | 9905 | €11,589 | €26,700 | +€15,111 | +130% |
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 15 October 2026 via checked.be.