HOBBY 2000: 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.
HOBBY 2000
Largest movements
- Stocks and contracts +€63,406
up €63,406 (+5.6%), from €1.1m to €1.2m
- Cash -€52,853
down €52,853 (-35.9%), from €147,334 to €94,482
mainly Stocks and contracts (-€63,406) and Trade debts (-€34,536)
- Short-term financial debts +€45,670
up €45,670 (+84.1%), from €54,330 to €100,000
- Trade debts -€34,536
down €34,536 (-12.6%), from €273,968 to €239,432
- Debts after one year -€25,000
down €25,000 (-33.6%), from €74,500 to €49,500
- Purchases and services -€1.4m
no longer reported in 2025 (was €1.4m)
- Gross operating margin -€27,699
down €27,699 (-14.6%), from €189,960 to €162,261
- Staff costs +€17,910
up €17,910 (+16.2%), from €110,635 to €128,545
- Taxes -€8,700
down €8,700 (-63.5%), from €13,700 to €5,000
- Financial charges -€1,964
down €1,964 (-8.4%), from €23,396 to €21,432
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 | €1,278,346 | €1,285,599 | +€7,254 | +0.6% |
| Fixed assets | 21/28 | €5,245 | €1,937 | -€3,308 | -63.1% |
| Tangible fixed assets | 22/27 | €5,245 | €1,937 | -€3,308 | -63.1% |
| Furniture and vehicles | 24 | €5,245 | €1,937 | -€3,308 | -63.1% |
| Current assets | 29/58 | €1,273,101 | €1,283,662 | +€10,561 | +0.8% |
| Stocks and contracts in progress | 3 | €1,123,699 | €1,187,105 | +€63,406 | +5.6% |
| Stocks | 30/36 | €1,123,699 | €1,187,105 | +€63,406 | +5.6% |
| Cash at bank and in hand | 54/58 | €147,334 | €94,482 | -€52,853 | -35.9% |
| Deferred charges and accrued income | 490/1 | €2,067 | €2,075 | +€8 | +0.4% |
| Total equity and liabilities | 10/49 | €1,278,346 | €1,285,599 | +€7,254 | +0.6% |
| Equity | 10/15 | €327,656 | €330,999 | +€3,343 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €309,056 | €312,399 | +€3,343 | +1.1% |
| Distributable reserves | 133 | €309,056 | €312,399 | +€3,343 | +1.1% |
| Amounts payable | 17/49 | €950,689 | €954,600 | +€3,911 | +0.4% |
| Amounts payable after more than one year | 17 | €74,500 | €49,500 | -€25,000 | -33.6% |
| Financial debts | 170/4 | €74,500 | €49,500 | -€25,000 | -33.6% |
| Amounts payable within one year | 42/48 | €876,189 | €905,100 | +€28,911 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €1,289 | €1,286 | -€4 | -0.3% |
| Financial debts | 43 | €54,330 | €100,000 | +€45,670 | +84.1% |
| Credit institutions | 430/8 | €54,330 | €100,000 | +€45,670 | +84.1% |
| Trade debts | 44 | €273,968 | €239,432 | -€34,536 | -12.6% |
| Suppliers | 440/4 | €273,968 | €239,432 | -€34,536 | -12.6% |
| Taxes, remuneration and social security | 45 | €67,776 | €80,294 | +€12,518 | +18.5% |
| Taxes | 450/3 | €48,983 | €49,136 | +€153 | +0.3% |
| Remuneration and social security | 454/9 | €18,793 | €31,158 | +€12,364 | +65.8% |
| Other amounts payable | 47/48 | €478,825 | €484,088 | +€5,263 | +1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,352,494 | - | -€1.4m | |
| Remuneration, social security and pensions | 62 | €110,635 | €128,545 | +€17,910 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,833 | €3,308 | -€525 | -13.7% |
| Other operating charges | 640/8 | €3,244 | €2,458 | -€786 | -24.2% |
| Gross operating margin | 9900 | €189,960 | €162,261 | -€27,699 | -14.6% |
| Operating profit (loss) | 9901 | €72,248 | €27,950 | -€44,298 | -61.3% |
| Financial income | 75/76B | €1,731 | €1,825 | +€94 | +5.4% |
| Recurring financial income | 75 | €1,731 | €1,825 | +€94 | +5.4% |
| Financial charges | 65/66B | €23,396 | €21,432 | -€1,964 | -8.4% |
| Recurring financial charges | 65 | €23,396 | €21,432 | -€1,964 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €50,582 | €8,343 | -€42,240 | -83.5% |
| Income taxes | 67/77 | €13,700 | €5,000 | -€8,700 | -63.5% |
| Profit (loss) for the period | 9904 | €36,883 | €3,343 | -€33,540 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,883 | €3,343 | -€33,540 | -90.9% |
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 25 October 2026 via checked.be.