FSM HOBOKEN: 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.
FSM HOBOKEN
Largest movements
- Tangible fixed assets -€5,000
down €5,000 (-31.1%), from €16,082 to €11,082
of which Furniture and vehicles: -€2,848
- Cash -€4,286
down €4,286 (-81.8%), from €5,240 to €953
mainly Net result for the year (-€15,211) and Receivables within one year (-€603)
- Receivables within one year +€603
up €603 (+100%), from €600 to €1,203
of which Other amounts receivable: +€1,203
- Profit (loss) carried forward -€15,211
down €15,211 (-47.8%), from -€31,825 to -€47,035
- Other debts +€5,857
up €5,857 (+49.0%), from €11,947 to €17,804
- Tax, wage and social debts +€508
up €508 (+59.4%), from €856 to €1,364
- Purchases and services +€31,590
new in 2024: €31,590
- Turnover +€22,760
new in 2024: €22,760
- Gross operating margin -€2,623
down €2,623 (-42.3%), from -€6,207 to -€8,829
- Other operating charges +€609
up €609 (+353%), from €173 to €782
- Financial charges +€348
up €348 (+230%), from €152 to €499
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,822 | €14,060 | -€8,762 | -38.4% |
| Fixed assets | 21/28 | €16,404 | €11,304 | -€5,100 | -31.1% |
| Intangible fixed assets | 21 | €322 | €222 | -€100 | -31.1% |
| Tangible fixed assets | 22/27 | €16,082 | €11,082 | -€5,000 | -31.1% |
| Plant, machinery and equipment | 23 | €6,922 | €4,770 | -€2,152 | -31.1% |
| Furniture and vehicles | 24 | €9,160 | €6,312 | -€2,848 | -31.1% |
| Current assets | 29/58 | €6,418 | €2,756 | -€3,662 | -57.1% |
| Stocks and contracts in progress | 3 | €578 | €600 | +€22 | +3.8% |
| Stocks | 30/36 | €578 | €600 | +€22 | +3.8% |
| Amounts receivable within one year | 40/41 | €600 | €1,203 | +€603 | +100% |
| Trade receivables | 40 | €600 | - | -€600 | |
| Other amounts receivable | 41 | - | €1,203 | +€1,203 | |
| Cash at bank and in hand | 54/58 | €5,240 | €953 | -€4,286 | -81.8% |
| Total equity and liabilities | 10/49 | €22,822 | €14,060 | -€8,762 | -38.4% |
| Equity | 10/15 | €8,175 | -€7,035 | -€15,211 | |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,825 | -€47,035 | -€15,211 | -47.8% |
| Amounts payable | 17/49 | €14,647 | €21,095 | +€6,449 | +44.0% |
| Amounts payable within one year | 42/48 | €14,647 | €21,095 | +€6,449 | +44.0% |
| Financial debts | 43 | €8 | - | -€8 | |
| Credit institutions | 430/8 | €8 | - | -€8 | |
| Trade debts | 44 | €1,836 | €1,927 | +€91 | +5.0% |
| Suppliers | 440/4 | €1,836 | €1,927 | +€91 | +5.0% |
| Taxes, remuneration and social security | 45 | €856 | €1,364 | +€508 | +59.4% |
| Taxes | 450/3 | €856 | €1,364 | +€508 | +59.4% |
| Other amounts payable | 47/48 | €11,947 | €17,804 | +€5,857 | +49.0% |
| Turnover | 70 | - | €22,760 | +€22,760 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €31,590 | +€31,590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,100 | €5,100 | = | 0.0% |
| Other operating charges | 640/8 | €173 | €782 | +€609 | +353% |
| Gross operating margin | 9900 | -€6,207 | -€8,829 | -€2,623 | -42.3% |
| Operating profit (loss) | 9901 | -€11,479 | -€14,711 | -€3,232 | -28.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €152 | €499 | +€348 | +230% |
| Recurring financial charges | 65 | €152 | €499 | +€348 | +230% |
| Profit (loss) for the period before taxes | 9903 | -€11,631 | -€15,211 | -€3,580 | -30.8% |
| Profit (loss) for the period | 9904 | -€11,631 | -€15,211 | -€3,580 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,631 | -€15,211 | -€3,580 | -30.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.