HOBBES: 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.
HOBBES
Largest movements
- Cash -€37,102
down €37,102 (-76.7%), from €48,388 to €11,286
mainly Debts after one year (-€37,026) and Trade debts (-€34,709)
- Tangible fixed assets -€31,293
down €31,293 (-5.9%), from €529,693 to €498,400
of which Land and buildings: -€42,334
- Receivables within one year -€12,967
down €12,967 (-39.6%), from €32,752 to €19,784
of which Trade receivables: -€14,175
- Debts after one year -€37,026
down €37,026 (-15.9%), from €232,444 to €195,418
- Trade debts -€34,709
down €34,709 (-99.4%), from €34,914 to €205
- Gross operating margin -€7,371
down €7,371 (-10.0%), from €74,064 to €66,693
- Depreciation +€4,897
up €4,897 (+9.8%), from €49,882 to €54,779
- Taxes -€3,980
down €3,980 (-99.0%), from €4,019 to €39
- Financial charges -€1,481
down €1,481 (-19.9%), from €7,431 to €5,950
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 | €612,741 | €536,553 | -€76,188 | -12.4% |
| Fixed assets | 21/28 | €529,693 | €498,400 | -€31,293 | -5.9% |
| Tangible fixed assets | 22/27 | €529,693 | €498,400 | -€31,293 | -5.9% |
| Land and buildings | 22 | €479,194 | €436,860 | -€42,334 | -8.8% |
| Plant, machinery and equipment | 23 | €50,500 | €61,540 | +€11,041 | +21.9% |
| Current assets | 29/58 | €83,047 | €38,152 | -€44,895 | -54.1% |
| Amounts receivable within one year | 40/41 | €32,752 | €19,784 | -€12,967 | -39.6% |
| Trade receivables | 40 | €16,575 | €2,400 | -€14,175 | -85.5% |
| Other amounts receivable | 41 | €16,177 | €17,384 | +€1,208 | +7.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €48,388 | €11,286 | -€37,102 | -76.7% |
| Deferred charges and accrued income | 490/1 | €1,908 | €7,082 | +€5,174 | +271% |
| Total equity and liabilities | 10/49 | €612,741 | €536,553 | -€76,188 | -12.4% |
| Equity | 10/15 | €187,891 | €187,997 | +€106 | +0.1% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Revaluation surpluses | 12 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €19,141 | €19,141 | = | 0.0% |
| Distributable reserves | 133 | €19,141 | €19,141 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €106 | +€106 | |
| Amounts payable | 17/49 | €424,850 | €348,556 | -€76,294 | -18.0% |
| Amounts payable after more than one year | 17 | €232,444 | €195,418 | -€37,026 | -15.9% |
| Financial debts | 170/4 | €232,444 | €195,418 | -€37,026 | -15.9% |
| Amounts payable within one year | 42/48 | €192,406 | €153,137 | -€39,269 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €36,770 | €37,026 | +€256 | +0.7% |
| Trade debts | 44 | €34,914 | €205 | -€34,709 | -99.4% |
| Suppliers | 440/4 | €34,914 | €205 | -€34,709 | -99.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €11,120 | €6,582 | -€4,538 | -40.8% |
| Taxes | 450/3 | €11,120 | €6,582 | -€4,538 | -40.8% |
| Other amounts payable | 47/48 | €109,602 | €109,325 | -€277 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,882 | €54,779 | +€4,897 | +9.8% |
| Other operating charges | 640/8 | €6,321 | €6,097 | -€224 | -3.5% |
| Gross operating margin | 9900 | €74,064 | €66,693 | -€7,371 | -10.0% |
| Operating profit (loss) | 9901 | €17,860 | €5,817 | -€12,044 | -67.4% |
| Financial income | 75/76B | €467 | €278 | -€189 | -40.4% |
| Recurring financial income | 75 | €467 | €278 | -€189 | -40.4% |
| Financial charges | 65/66B | €7,431 | €5,950 | -€1,481 | -19.9% |
| Recurring financial charges | 65 | €7,431 | €5,950 | -€1,481 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €10,897 | €145 | -€10,752 | -98.7% |
| Income taxes | 67/77 | €4,019 | €39 | -€3,980 | -99.0% |
| Profit (loss) for the period | 9904 | €6,878 | €106 | -€6,772 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,878 | €106 | -€6,772 | -98.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.