HOBBITSTEE: 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.
HOBBITSTEE
Largest movements
- Receivables within one year +€48,512
new in 2025: €48,512
of which Trade receivables: +€48,500
- Tangible fixed assets -€45,454
down €45,454 (-4.0%), from €1.2m to €1.1m
of which Land and buildings: -€36,411
- Cash +€18,959
up €18,959 (+109.8%), from €17,270 to €36,229
mainly Other debts (+€226,500) and Depreciation (+€57,051)
- Other debts +€226,500
up €226,500 (+35.5%), from €637,979 to €864,479
- Debts after one year -€180,989
down €180,989 (-100.0%), from €180,989 to €0
- Current portion of long-term debt -€15,333
down €15,333 (-100.0%), from €15,333 to €0
- Gross operating margin -€6,911
down €6,911 (-10.5%), from €65,703 to €58,792
- Financial charges -€1,810
down €1,810 (-32.8%), from €5,519 to €3,709
- Other operating charges -€951
down €951 (-10.0%), from €9,467 to €8,517
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 | €1,168,674 | €1,190,777 | +€22,103 | +1.9% |
| Fixed assets | 21/28 | €1,150,037 | €1,104,582 | -€45,454 | -4.0% |
| Tangible fixed assets | 22/27 | €1,150,037 | €1,104,582 | -€45,454 | -4.0% |
| Land and buildings | 22 | €984,658 | €948,247 | -€36,411 | -3.7% |
| Plant, machinery and equipment | 23 | €165,378 | €156,335 | -€9,043 | -5.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €18,638 | €86,195 | +€67,557 | +362.5% |
| Amounts receivable within one year | 40/41 | - | €48,512 | +€48,512 | |
| Trade receivables | 40 | - | €48,500 | +€48,500 | |
| Other amounts receivable | 41 | - | €12 | +€12 | |
| Cash at bank and in hand | 54/58 | €17,270 | €36,229 | +€18,959 | +109.8% |
| Deferred charges and accrued income | 490/1 | €1,368 | €1,454 | +€86 | +6.3% |
| Total equity and liabilities | 10/49 | €1,168,674 | €1,190,777 | +€22,103 | +1.9% |
| Equity | 10/15 | €304,389 | €294,855 | -€9,534 | -3.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €242,416 | €232,882 | -€9,534 | -3.9% |
| Tax-exempt reserves | 132 | €84,836 | €82,063 | -€2,774 | -3.3% |
| Distributable reserves | 133 | €157,580 | €150,819 | -€6,761 | -4.3% |
| Provisions and deferred taxes | 16 | €28,279 | €27,354 | -€925 | -3.3% |
| Deferred taxes | 168 | €28,279 | €27,354 | -€925 | -3.3% |
| Amounts payable | 17/49 | €836,006 | €868,568 | +€32,562 | +3.9% |
| Amounts payable after more than one year | 17 | €180,989 | €0 | -€180,989 | -100.0% |
| Financial debts | 170/4 | €180,989 | €0 | -€180,989 | -100.0% |
| Amounts payable within one year | 42/48 | €653,482 | €867,733 | +€214,250 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €15,333 | €0 | -€15,333 | -100.0% |
| Trade debts | 44 | €170 | €3,254 | +€3,084 | +1814.0% |
| Suppliers | 440/4 | €170 | €3,254 | +€3,084 | +1814.0% |
| Other amounts payable | 47/48 | €637,979 | €864,479 | +€226,500 | +35.5% |
| Accrued charges and deferred income | 492/3 | €1,535 | €835 | -€700 | -45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,329 | €57,051 | -€278 | -0.5% |
| Other operating charges | 640/8 | €9,467 | €8,517 | -€951 | -10.0% |
| Gross operating margin | 9900 | €65,703 | €58,792 | -€6,911 | -10.5% |
| Operating profit (loss) | 9901 | -€1,094 | -€6,776 | -€5,682 | -519.4% |
| Financial income | 75/76B | €21 | €20 | -€2 | -7.6% |
| Recurring financial income | 75 | €21 | €20 | -€2 | -7.6% |
| Financial charges | 65/66B | €5,519 | €3,709 | -€1,810 | -32.8% |
| Recurring financial charges | 65 | €5,519 | €3,709 | -€1,810 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,592 | -€10,465 | -€3,873 | -58.8% |
| Transfer from deferred taxes | 780 | €925 | €925 | = | 0.0% |
| Income taxes | 67/77 | €6 | -€6 | -€13 | |
| Profit (loss) for the period | 9904 | -€5,674 | -€9,534 | -€3,861 | -68.0% |
| Transfer from tax-exempt reserves | 789 | €2,774 | €2,774 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,900 | -€6,761 | -€3,861 | -133.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.