HOBAMED: 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.
HOBAMED
Largest movements
- Cash +€125,147
up €125,147 (+88.7%), from €141,101 to €266,249
mainly Net result for the year (+€128,070) and Receivables within one year (+€73,062)
- Current investments +€86,300
new in 2025: €86,300
- Receivables within one year -€73,062
down €73,062 (-45.8%), from €159,435 to €86,373
of which Other amounts receivable: -€73,189
- Reserves +€126,400
up €126,400 (+47.2%), from €267,800 to €394,200
- Tax, wage and social debts +€10,019
up €10,019 (+56.0%), from €17,880 to €27,899
of which Taxes: +€10,019
- Gross operating margin -€3,695
down €3,695 (-2.0%), from €186,639 to €182,944
- Financial income +€1,924
up €1,924 (+25.7%), from €7,497 to €9,421
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 | €316,134 | €453,336 | +€137,202 | +43.4% |
| Fixed assets | 21/28 | €12,021 | €9,147 | -€2,874 | -23.9% |
| Tangible fixed assets | 22/27 | €12,021 | €9,147 | -€2,874 | -23.9% |
| Land and buildings | 22 | €2,605 | €1,654 | -€951 | -36.5% |
| Plant, machinery and equipment | 23 | €1,868 | €1,438 | -€430 | -23.0% |
| Furniture and vehicles | 24 | €7,548 | €6,055 | -€1,492 | -19.8% |
| Current assets | 29/58 | €304,112 | €444,188 | +€140,076 | +46.1% |
| Amounts receivable within one year | 40/41 | €159,435 | €86,373 | -€73,062 | -45.8% |
| Trade receivables | 40 | - | €126 | +€126 | |
| Other amounts receivable | 41 | €159,435 | €86,246 | -€73,189 | -45.9% |
| Current investments | 50/53 | - | €86,300 | +€86,300 | |
| Cash at bank and in hand | 54/58 | €141,101 | €266,249 | +€125,147 | +88.7% |
| Deferred charges and accrued income | 490/1 | €3,576 | €5,267 | +€1,691 | +47.3% |
| Total equity and liabilities | 10/49 | €316,134 | €453,336 | +€137,202 | +43.4% |
| Equity | 10/15 | €277,956 | €404,360 | +€126,404 | +45.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €267,800 | €394,200 | +€126,400 | +47.2% |
| Distributable reserves | 133 | €267,800 | €394,200 | +€126,400 | +47.2% |
| Profit (loss) carried forward | 14 | €156 | €160 | +€4 | +2.4% |
| Amounts payable | 17/49 | €38,177 | €48,976 | +€10,798 | +28.3% |
| Amounts payable within one year | 42/48 | €37,927 | €48,519 | +€10,591 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | €10,154 | €10,101 | -€53 | -0.5% |
| Trade debts | 44 | €8,228 | €7,952 | -€275 | -3.3% |
| Suppliers | 440/4 | €8,228 | €7,952 | -€275 | -3.3% |
| Taxes, remuneration and social security | 45 | €17,880 | €27,899 | +€10,019 | +56.0% |
| Taxes | 450/3 | €15,880 | €25,899 | +€10,019 | +63.1% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,666 | €2,567 | +€901 | +54.1% |
| Accrued charges and deferred income | 492/3 | €250 | €457 | +€207 | +82.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,097 | €7,630 | +€533 | +7.5% |
| Other operating charges | 640/8 | €1,369 | €1,394 | +€25 | +1.8% |
| Gross operating margin | 9900 | €186,639 | €182,944 | -€3,695 | -2.0% |
| Operating profit (loss) | 9901 | €178,173 | €173,920 | -€4,254 | -2.4% |
| Financial income | 75/76B | €7,497 | €9,421 | +€1,924 | +25.7% |
| Recurring financial income | 75 | €7,497 | €9,421 | +€1,924 | +25.7% |
| Financial charges | 65/66B | €816 | €1,186 | +€369 | +45.2% |
| Recurring financial charges | 65 | €816 | €1,186 | +€369 | +45.2% |
| Profit (loss) for the period before taxes | 9903 | €184,853 | €182,155 | -€2,699 | -1.5% |
| Income taxes | 67/77 | €55,765 | €54,085 | -€1,680 | -3.0% |
| Profit (loss) for the period | 9904 | €129,088 | €128,070 | -€1,018 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €129,088 | €128,070 | -€1,018 | -0.8% |
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 9 October 2026 via checked.be.