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HOBBIT: what changed

Two fiscal 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.

What changed

HOBBIT

BE 0451.742.658
NACE 55.100, Hotels and similar accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€156,525
2024 · €134,378+€22,147
Equity
€879,871
2024 · €937,632-€57,761
Cash
€284,964
2024 · €226,148+€58,816
Balance sheet total
€1.1m
2024 · €1.0m+€123,666

Largest movements

2024 to 2025
Assets
  • Cash +€58,816

    up €58,816 (+26.0%), from €226,148 to €284,964

    mainly Net result for the year (+€156,525) and Other debts (+€150,000)

  • Receivables within one year +€41,840

    up €41,840 (+84.6%), from €49,484 to €91,325

  • Deferred charges and accrued income +€20,644

    up €20,644 (+189.5%), from €10,895 to €31,539

Equity and liabilities
  • Other debts +€150,000

    new in 2025: €150,000

  • Profit (loss) carried forward -€57,761

    down €57,761 (-9.8%), from €590,447 to €532,686

  • Tax, wage and social debts +€42,266

    up €42,266 (+105.3%), from €40,121 to €82,387

Income statement
  • Depreciation -€14,661

    down €14,661 (-12.4%), from €117,859 to €103,199

  • Taxes -€9,172

    down €9,172 (-15.4%), from €59,544 to €50,372

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €134,378
Gross operating margin -€633
Depreciation +€14,661
Other operating charges -€1,088
Financial income +€39
Financial charges -€3
Taxes +€9,172
Result 2025 €156,525

Cash bridge derived

cash 2024 to 2025

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.

From operations +€380,000
Investment -€106,897
Financing -€214,286
Cash 2024 €226,148
Net result for the year +€156,525
Depreciation +€103,199
Stocks and contracts +€1,334
Receivables within one year -€41,840
Deferred charges and accrued income -€20,644
Trade debts -€11,044
Tax, wage and social debts +€42,266
Other debts +€150,000
Accrued charges and deferred income +€205
Investment in fixed assets (net) -€106,897
Contributions, distributions and other -€214,286
Cash 2025 €284,964
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,014,418 €1,138,084 +€123,666 +12.2%
Fixed assets 21/28 €719,225 €722,924 +€3,699 +0.5%
Tangible fixed assets 22/27 €718,481 €722,180 +€3,699 +0.5%
Land and buildings 22 €670,011 €686,467 +€16,456 +2.5%
Plant, machinery and equipment 23 €24,168 €16,414 -€7,754 -32.1%
Furniture and vehicles 24 €24,303 €19,299 -€5,003 -20.6%
Financial fixed assets 28 €744 €744 = 0.0%
Current assets 29/58 €295,193 €415,160 +€119,967 +40.6%
Stocks and contracts in progress 3 €8,666 €7,333 -€1,334 -15.4%
Stocks 30/36 €8,666 €7,333 -€1,334 -15.4%
Amounts receivable within one year 40/41 €49,484 €91,325 +€41,840 +84.6%
Trade receivables 40 €49,484 €91,325 +€41,840 +84.6%
Cash at bank and in hand 54/58 €226,148 €284,964 +€58,816 +26.0%
Deferred charges and accrued income 490/1 €10,895 €31,539 +€20,644 +189.5%
Total equity and liabilities 10/49 €1,014,418 €1,138,084 +€123,666 +12.2%
Equity 10/15 €937,632 €879,871 -€57,761 -6.2%
Contributions 10/11 €64,370 €64,370 = 0.0%
Capital 10 €64,370 €64,370 = 0.0%
Issued capital 100 €64,370 €64,370 = 0.0%
Reserves 13 €282,815 €282,815 = 0.0%
Non-distributable reserves 130/1 €38,437 €38,437 = 0.0%
Legal reserve 130 €38,437 €38,437 = 0.0%
Distributable reserves 133 €244,378 €244,378 = 0.0%
Profit (loss) carried forward 14 €590,447 €532,686 -€57,761 -9.8%
Amounts payable 17/49 €76,786 €258,213 +€181,427 +236.3%
Amounts payable within one year 42/48 €75,957 €257,179 +€181,222 +238.6%
Trade debts 44 €35,836 €24,792 -€11,044 -30.8%
Suppliers 440/4 €35,836 €24,792 -€11,044 -30.8%
Taxes, remuneration and social security 45 €40,121 €82,387 +€42,266 +105.3%
Taxes 450/3 €40,121 €82,387 +€42,266 +105.3%
Other amounts payable 47/48 - €150,000 +€150,000
Accrued charges and deferred income 492/3 €830 €1,034 +€205 +24.7%
Non-recurring operating income 76A - €120 +€120
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €117,859 €103,199 -€14,661 -12.4%
Other operating charges 640/8 €17,313 €18,402 +€1,088 +6.3%
Gross operating margin 9900 €329,164 €328,531 -€633 -0.2%
Operating profit (loss) 9901 €193,992 €206,931 +€12,940 +6.7%
Financial income 75/76B €0 €39 +€39 +19400.0%
Recurring financial income 75 €0 €39 +€39 +19400.0%
Financial charges 65/66B €70 €74 +€3 +4.4%
Recurring financial charges 65 €70 €74 +€3 +4.4%
Profit (loss) for the period before taxes 9903 €193,921 €206,897 +€12,975 +6.7%
Income taxes 67/77 €59,544 €50,372 -€9,172 -15.4%
Profit (loss) for the period 9904 €134,378 €156,525 +€22,147 +16.5%
Profit (loss) for the period to be appropriated 9905 €134,378 €156,525 +€22,147 +16.5%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.