HOBBY FARM: 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 FARM
Largest movements
- Tangible fixed assets -€38,261
down €38,261 (-7.7%), from €494,368 to €456,107
of which Land and buildings: -€22,358
- Stocks and contracts -€34,836
down €34,836 (-12.3%), from €282,118 to €247,283
- Cash -€34,184
down €34,184 (-6.2%), from €548,460 to €514,276
mainly Receivables within one year (-€33,973) and Net result for the year (-€30,613)
- Receivables within one year +€33,973
up €33,973 (+29.0%), from €117,181 to €151,154
of which Trade receivables: +€30,209
- Profit (loss) carried forward -€30,613
down €30,613 (-2.5%), from €1.2m to €1.2m
- Trade debts -€24,626
down €24,626 (-49.0%), from €50,275 to €25,649
- Gross operating margin -€39,171
down €39,171 (-20.5%), from €191,495 to €152,324
- Staff costs +€16,615
up €16,615 (+12.8%), from €129,566 to €146,182
- Financial income +€10,058
up €10,058 (+171%), from €5,883 to €15,941
- Taxes -€5,618
down €5,618 (-96.0%), from €5,852 to €234
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 | €1,453,081 | €1,381,711 | -€71,370 | -4.9% |
| Fixed assets | 21/28 | €494,368 | €456,107 | -€38,261 | -7.7% |
| Tangible fixed assets | 22/27 | €494,368 | €456,107 | -€38,261 | -7.7% |
| Land and buildings | 22 | €430,983 | €408,625 | -€22,358 | -5.2% |
| Plant, machinery and equipment | 23 | €996 | €1,895 | +€900 | +90.4% |
| Furniture and vehicles | 24 | €62,390 | €45,586 | -€16,803 | -26.9% |
| Current assets | 29/58 | €958,713 | €925,604 | -€33,109 | -3.5% |
| Stocks and contracts in progress | 3 | €282,118 | €247,283 | -€34,836 | -12.3% |
| Stocks | 30/36 | €282,118 | €247,283 | -€34,836 | -12.3% |
| Amounts receivable within one year | 40/41 | €117,181 | €151,154 | +€33,973 | +29.0% |
| Trade receivables | 40 | €98,629 | €128,839 | +€30,209 | +30.6% |
| Other amounts receivable | 41 | €18,551 | €22,315 | +€3,763 | +20.3% |
| Cash at bank and in hand | 54/58 | €548,460 | €514,276 | -€34,184 | -6.2% |
| Deferred charges and accrued income | 490/1 | €10,953 | €12,892 | +€1,938 | +17.7% |
| Total equity and liabilities | 10/49 | €1,453,081 | €1,381,711 | -€71,370 | -4.9% |
| Equity | 10/15 | €1,329,728 | €1,299,115 | -€30,613 | -2.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €61,970 | €61,970 | = | 0.0% |
| Distributable reserves | 133 | €61,970 | €61,970 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,249,166 | €1,218,553 | -€30,613 | -2.5% |
| Amounts payable | 17/49 | €123,353 | €82,596 | -€40,757 | -33.0% |
| Amounts payable after more than one year | 17 | €29,591 | €19,539 | -€10,052 | -34.0% |
| Financial debts | 170/4 | €29,591 | €19,539 | -€10,052 | -34.0% |
| Amounts payable within one year | 42/48 | €93,762 | €62,557 | -€31,205 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €9,646 | €10,052 | +€406 | +4.2% |
| Trade debts | 44 | €50,275 | €25,649 | -€24,626 | -49.0% |
| Suppliers | 440/4 | €50,275 | €25,649 | -€24,626 | -49.0% |
| Taxes, remuneration and social security | 45 | €20,796 | €24,031 | +€3,235 | +15.6% |
| Taxes | 450/3 | €9,735 | €10,907 | +€1,172 | +12.0% |
| Remuneration and social security | 454/9 | €11,061 | €13,124 | +€2,063 | +18.7% |
| Other amounts payable | 47/48 | €13,046 | €2,825 | -€10,221 | -78.3% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Remuneration, social security and pensions | 62 | €129,566 | €146,182 | +€16,615 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,588 | €39,966 | +€379 | +1.0% |
| Other operating charges | 640/8 | €7,700 | €8,157 | +€456 | +5.9% |
| Gross operating margin | 9900 | €191,495 | €152,324 | -€39,171 | -20.5% |
| Operating profit (loss) | 9901 | €14,641 | -€41,981 | -€56,622 | |
| Financial income | 75/76B | €5,883 | €15,941 | +€10,058 | +171% |
| Recurring financial income | 75 | €5,883 | €15,941 | +€10,058 | +171% |
| Financial charges | 65/66B | €4,616 | €4,339 | -€277 | -6.0% |
| Recurring financial charges | 65 | €4,616 | €4,339 | -€277 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €15,908 | -€30,379 | -€46,287 | |
| Income taxes | 67/77 | €5,852 | €234 | -€5,618 | -96.0% |
| Profit (loss) for the period | 9904 | €10,056 | -€30,613 | -€40,669 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,056 | -€30,613 | -€40,669 |
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 27 October 2026 via checked.be.