HOBBYGRO: 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.
HOBBYGRO
Largest movements
- Cash +€39,617
up €39,617 (+5.7%), from €700,132 to €739,748
mainly Net result for the year (+€29,444) and Depreciation (+€20,891)
- Tangible fixed assets -€14,663
down €14,663 (-5.1%), from €285,947 to €271,283
of which Land and buildings: -€13,935
- Reserves +€29,444
up €29,444 (+6.2%), from €476,148 to €505,592
- Gross operating margin -€71,253
down €71,253 (-53.3%), from €133,563 to €62,311
- Taxes -€21,106
down €21,106 (-58.5%), from €36,102 to €14,997
- Financial income -€5,151
down €5,151 (-36.1%), from €14,273 to €9,122
- Other operating charges -€3,463
down €3,463 (-56.5%), from €6,131 to €2,668
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 | €1,014,765 | €1,048,593 | +€33,828 | +3.3% |
| Fixed assets | 21/28 | €285,947 | €271,283 | -€14,663 | -5.1% |
| Tangible fixed assets | 22/27 | €285,947 | €271,283 | -€14,663 | -5.1% |
| Land and buildings | 22 | €283,852 | €269,917 | -€13,935 | -4.9% |
| Furniture and vehicles | 24 | €2,095 | €1,367 | -€728 | -34.7% |
| Current assets | 29/58 | €728,818 | €777,310 | +€48,491 | +6.7% |
| Stocks and contracts in progress | 3 | €532 | €532 | = | 0.0% |
| Stocks | 30/36 | €532 | €532 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,154 | €22,029 | +€8,875 | +67.5% |
| Trade receivables | 40 | €11,307 | €14,737 | +€3,430 | +30.3% |
| Other amounts receivable | 41 | €1,847 | €7,292 | +€5,445 | +294.8% |
| Current investments | 50/53 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €700,132 | €739,748 | +€39,617 | +5.7% |
| Total equity and liabilities | 10/49 | €1,014,765 | €1,048,593 | +€33,828 | +3.3% |
| Equity | 10/15 | €763,016 | €792,460 | +€29,444 | +3.9% |
| Contributions | 10/11 | €217,697 | €217,697 | = | 0.0% |
| Reserves | 13 | €476,148 | €505,592 | +€29,444 | +6.2% |
| Distributable reserves | 133 | €476,148 | €505,592 | +€29,444 | +6.2% |
| Profit (loss) carried forward | 14 | €69,171 | €69,171 | = | 0.0% |
| Amounts payable | 17/49 | €251,748 | €256,133 | +€4,384 | +1.7% |
| Amounts payable after more than one year | 17 | €38,824 | €34,037 | -€4,786 | -12.3% |
| Financial debts | 170/4 | €38,824 | €34,037 | -€4,786 | -12.3% |
| Amounts payable within one year | 42/48 | €212,925 | €222,095 | +€9,171 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €4,691 | €4,786 | +€96 | +2.0% |
| Trade debts | 44 | €12,134 | €9,153 | -€2,980 | -24.6% |
| Suppliers | 440/4 | €12,134 | €9,153 | -€2,980 | -24.6% |
| Taxes, remuneration and social security | 45 | €17,111 | €19,111 | +€2,000 | +11.7% |
| Taxes | 450/3 | €17,111 | €19,111 | +€2,000 | +11.7% |
| Other amounts payable | 47/48 | €178,989 | €189,045 | +€10,056 | +5.6% |
| Non-recurring operating income | 76A | €23,401 | - | -€23,401 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,072 | €20,891 | -€1,180 | -5.3% |
| Other operating charges | 640/8 | €6,131 | €2,668 | -€3,463 | -56.5% |
| Gross operating margin | 9900 | €133,563 | €62,311 | -€71,253 | -53.3% |
| Operating profit (loss) | 9901 | €105,361 | €38,752 | -€66,610 | -63.2% |
| Financial income | 75/76B | €14,273 | €9,122 | -€5,151 | -36.1% |
| Recurring financial income | 75 | €14,273 | €9,122 | -€5,151 | -36.1% |
| Financial charges | 65/66B | €2,608 | €3,433 | +€825 | +31.7% |
| Recurring financial charges | 65 | €2,608 | €3,433 | +€825 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €117,026 | €44,440 | -€72,586 | -62.0% |
| Income taxes | 67/77 | €36,102 | €14,997 | -€21,106 | -58.5% |
| Profit (loss) for the period | 9904 | €80,924 | €29,444 | -€51,480 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,924 | €29,444 | -€51,480 | -63.6% |
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 4 October 2026 via checked.be.