HOBBYLAND: 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.
HOBBYLAND
Largest movements
- Receivables within one year -€473,408
down €473,408 (-15.8%), from €3.0m to €2.5m
of which Other amounts receivable: -€475,915
- Cash +€443,646
up €443,646 (+146%), from €304,412 to €748,058
mainly Receivables within one year (+€473,408) and Net result for the year (+€370,408)
- Tangible fixed assets -€97,547
down €97,547 (-54.8%), from €178,042 to €80,495
of which Furniture and vehicles: -€51,749
- Other debts -€435,249
down €435,249 (-100%), from €435,249 to €0
- Reserves +€370,408
up €370,408 (+10.3%), from €3.6m to €4.0m
of which Distributable reserves: +€370,408
- Tax, wage and social debts -€89,621
down €89,621 (-44.8%), from €199,929 to €110,308
of which Taxes: -€73,217
- Gross operating margin -€148,439
down €148,439 (-13.9%), from €1.1m to €918,073
- Staff costs -€74,924
down €74,924 (-14.8%), from €504,755 to €429,830
- Taxes -€30,096
down €30,096 (-20.1%), from €149,899 to €119,804
- Financial charges +€26,271
up €26,271 (+114%), from €23,056 to €49,328
of which Non-recurring financial charges: +€25,388
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,459,345 | €4,331,423 | -€127,922 | -2.9% |
| Fixed assets | 21/28 | €178,540 | €80,984 | -€97,556 | -54.6% |
| Tangible fixed assets | 22/27 | €178,042 | €80,495 | -€97,547 | -54.8% |
| Land and buildings | 22 | €21,078 | €17,403 | -€3,675 | -17.4% |
| Plant, machinery and equipment | 23 | €95,381 | €53,257 | -€42,124 | -44.2% |
| Furniture and vehicles | 24 | €61,584 | €9,835 | -€51,749 | -84.0% |
| Financial fixed assets | 28 | €498 | €489 | -€9 | -1.7% |
| Current assets | 29/58 | €4,280,806 | €4,250,439 | -€30,367 | -0.7% |
| Stocks and contracts in progress | 3 | €976,815 | €973,027 | -€3,788 | -0.4% |
| Stocks | 30/36 | €976,815 | €973,027 | -€3,788 | -0.4% |
| Amounts receivable within one year | 40/41 | €2,991,419 | €2,518,011 | -€473,408 | -15.8% |
| Trade receivables | 40 | €49,319 | €51,827 | +€2,508 | +5.1% |
| Other amounts receivable | 41 | €2,942,100 | €2,466,185 | -€475,915 | -16.2% |
| Current investments | 50/53 | - | €184 | +€184 | |
| Cash at bank and in hand | 54/58 | €304,412 | €748,058 | +€443,646 | +146% |
| Deferred charges and accrued income | 490/1 | €8,159 | €11,159 | +€2,999 | +36.8% |
| Total equity and liabilities | 10/49 | €4,459,345 | €4,331,423 | -€127,922 | -2.9% |
| Equity | 10/15 | €3,705,177 | €4,075,585 | +€370,408 | +10.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,605,177 | €3,975,585 | +€370,408 | +10.3% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €201,121 | €201,121 | = | 0.0% |
| Distributable reserves | 133 | €3,394,056 | €3,764,464 | +€370,408 | +10.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €754,168 | €255,838 | -€498,330 | -66.1% |
| Amounts payable within one year | 42/48 | €752,068 | €253,184 | -€498,884 | -66.3% |
| Trade debts | 44 | €116,889 | €142,876 | +€25,986 | +22.2% |
| Suppliers | 440/4 | €116,889 | €142,876 | +€25,986 | +22.2% |
| Taxes, remuneration and social security | 45 | €199,929 | €110,308 | -€89,621 | -44.8% |
| Taxes | 450/3 | €100,862 | €27,645 | -€73,217 | -72.6% |
| Remuneration and social security | 454/9 | €99,067 | €82,663 | -€16,404 | -16.6% |
| Other amounts payable | 47/48 | €435,249 | €0 | -€435,249 | -100% |
| Accrued charges and deferred income | 492/3 | €2,100 | €2,654 | +€554 | +26.4% |
| Non-recurring operating income | 76A | €9,458 | €22,940 | +€13,482 | +143% |
| Remuneration, social security and pensions | 62 | €504,755 | €429,830 | -€74,924 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,168 | €49,767 | -€7,401 | -12.9% |
| Other operating charges | 640/8 | €6,297 | €5,802 | -€495 | -7.9% |
| Gross operating margin | 9900 | €1,066,512 | €918,073 | -€148,439 | -13.9% |
| Operating profit (loss) | 9901 | €498,292 | €432,674 | -€65,618 | -13.2% |
| Financial income | 75/76B | €109,912 | €106,865 | -€3,048 | -2.8% |
| Recurring financial income | 75 | €109,912 | €106,865 | -€3,048 | -2.8% |
| Financial charges | 65/66B | €23,056 | €49,328 | +€26,271 | +114% |
| Recurring financial charges | 65 | €23,056 | €23,940 | +€883 | +3.8% |
| Non-recurring financial charges | 66B | - | €25,388 | +€25,388 | |
| Profit (loss) for the period before taxes | 9903 | €585,148 | €490,211 | -€94,937 | -16.2% |
| Income taxes | 67/77 | €149,899 | €119,804 | -€30,096 | -20.1% |
| Profit (loss) for the period | 9904 | €435,249 | €370,408 | -€64,841 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €435,249 | €370,408 | -€64,841 | -14.9% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.