HOBBY ALU: 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 ALU
Largest movements
- Intangible fixed assets -€15,700
down €15,700 (-10.9%), from €144,273 to €128,573
- Receivables within one year -€11,870
down €11,870 (-52.4%), from €22,670 to €10,800
- Tangible fixed assets +€8,199
new in 2025: €8,199
of which Furniture and vehicles: +€7,032
- Cash +€5,188
up €5,188 (+78.0%), from €6,654 to €11,842
mainly Net result for the year (+€20,340) and Depreciation (+€17,843)
- Trade debts -€27,910
down €27,910 (-43.9%), from €63,644 to €35,733
- Profit (loss) carried forward +€20,340
up €20,340 (+157%), from €12,990 to €33,330
- Current portion of long-term debt +€14,571
new in 2025: €14,571
- Short-term financial debts -€12,555
no longer reported in 2025 (was €12,555)
- Debts after one year -€11,577
down €11,577 (-10.8%), from €107,338 to €95,761
- Gross operating margin +€19,161
up €19,161 (+55.8%), from €34,341 to €53,502
- Depreciation +€8,616
up €8,616 (+93.4%), from €9,227 to €17,843
- Taxes +€2,353
up €2,353 (+67.7%), from €3,473 to €5,826
- Financial charges +€1,248
up €1,248 (+17.7%), from €7,044 to €8,291
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 | €223,480 | €208,769 | -€14,711 | -6.6% |
| Fixed assets | 21/28 | €144,273 | €136,772 | -€7,501 | -5.2% |
| Intangible fixed assets | 21 | €144,273 | €128,573 | -€15,700 | -10.9% |
| Tangible fixed assets | 22/27 | - | €8,199 | +€8,199 | |
| Plant, machinery and equipment | 23 | - | €1,167 | +€1,167 | |
| Furniture and vehicles | 24 | - | €7,032 | +€7,032 | |
| Current assets | 29/58 | €79,207 | €71,997 | -€7,210 | -9.1% |
| Stocks and contracts in progress | 3 | €49,832 | €49,355 | -€477 | -1.0% |
| Stocks | 30/36 | €49,832 | €49,355 | -€477 | -1.0% |
| Amounts receivable within one year | 40/41 | €22,670 | €10,800 | -€11,870 | -52.4% |
| Trade receivables | 40 | €22,670 | €10,800 | -€11,870 | -52.4% |
| Cash at bank and in hand | 54/58 | €6,654 | €11,842 | +€5,188 | +78.0% |
| Deferred charges and accrued income | 490/1 | €51 | - | -€51 | |
| Total equity and liabilities | 10/49 | €223,480 | €208,769 | -€14,711 | -6.6% |
| Equity | 10/15 | €13,290 | €33,630 | +€20,340 | +153% |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,990 | €33,330 | +€20,340 | +157% |
| Amounts payable | 17/49 | €210,190 | €175,139 | -€35,051 | -16.7% |
| Amounts payable after more than one year | 17 | €107,338 | €95,761 | -€11,577 | -10.8% |
| Financial debts | 170/4 | €107,338 | €95,761 | -€11,577 | -10.8% |
| Amounts payable within one year | 42/48 | €102,853 | €79,379 | -€23,474 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | - | €14,571 | +€14,571 | |
| Financial debts | 43 | €12,555 | - | -€12,555 | |
| Credit institutions | 430/8 | €12,555 | - | -€12,555 | |
| Trade debts | 44 | €63,644 | €35,733 | -€27,910 | -43.9% |
| Suppliers | 440/4 | €63,644 | €35,733 | -€27,910 | -43.9% |
| Taxes, remuneration and social security | 45 | €9,475 | €17,766 | +€8,291 | +87.5% |
| Taxes | 450/3 | €9,475 | €17,766 | +€8,291 | +87.5% |
| Other amounts payable | 47/48 | €17,179 | €11,308 | -€5,871 | -34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,227 | €17,843 | +€8,616 | +93.4% |
| Other operating charges | 640/8 | €1,608 | €1,218 | -€391 | -24.3% |
| Gross operating margin | 9900 | €34,341 | €53,502 | +€19,161 | +55.8% |
| Operating profit (loss) | 9901 | €23,506 | €34,442 | +€10,936 | +46.5% |
| Financial income | 75/76B | €0 | €15 | +€15 | +37,025% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +37,025% |
| Financial charges | 65/66B | €7,044 | €8,291 | +€1,248 | +17.7% |
| Recurring financial charges | 65 | €7,044 | €8,291 | +€1,248 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €16,463 | €26,166 | +€9,703 | +58.9% |
| Income taxes | 67/77 | €3,473 | €5,826 | +€2,353 | +67.7% |
| Profit (loss) for the period | 9904 | €12,990 | €20,340 | +€7,350 | +56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,990 | €20,340 | +€7,350 | +56.6% |
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 24 October 2026 via checked.be.