HOBECO: 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.
HOBECO
Largest movements
- Tangible fixed assets +€2,071
up €2,071 (+8.5%), from €24,277 to €26,347
- Receivables after one year -€2,000
down €2,000 (-2.8%), from €72,000 to €70,000
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€2,287
up €2,287 (+124%), from €1,843 to €4,130
- Depreciation +€1,863
up €1,863 (+102%), from €1,823 to €3,686
- Taxes +€88
up €88 (+70.8%), from €124 to €211
- Financial income -€48
down €48 (-2.8%), from €1,735 to €1,687
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 | €96,322 | €96,633 | +€310 | +0.3% |
| Fixed assets | 21/28 | €24,277 | €26,347 | +€2,071 | +8.5% |
| Tangible fixed assets | 22/27 | €24,277 | €26,347 | +€2,071 | +8.5% |
| Land and buildings | 22 | €24,277 | €26,347 | +€2,071 | +8.5% |
| Current assets | 29/58 | €72,045 | €70,285 | -€1,760 | -2.4% |
| Amounts receivable after more than one year | 29 | €72,000 | €70,000 | -€2,000 | -2.8% |
| Other amounts receivable | 291 | €72,000 | €70,000 | -€2,000 | -2.8% |
| Cash at bank and in hand | 54/58 | €45 | €285 | +€240 | +528% |
| Total equity and liabilities | 10/49 | €96,322 | €96,633 | +€310 | +0.3% |
| Equity | 10/15 | €95,203 | €95,783 | +€580 | +0.6% |
| Contributions | 10/11 | €38,424 | €38,424 | = | 0.0% |
| Reserves | 13 | €56,779 | €57,360 | +€580 | +1.0% |
| Tax-exempt reserves | 132 | €3,917 | €3,917 | = | 0.0% |
| Distributable reserves | 133 | €52,863 | €53,443 | +€580 | +1.1% |
| Amounts payable | 17/49 | €1,119 | €850 | -€270 | -24.1% |
| Amounts payable within one year | 42/48 | €1,119 | €850 | -€270 | -24.1% |
| Taxes, remuneration and social security | 45 | €416 | €335 | -€81 | -19.5% |
| Taxes | 450/3 | €416 | €335 | -€81 | -19.5% |
| Other amounts payable | 47/48 | €703 | €515 | -€189 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,823 | €3,686 | +€1,863 | +102% |
| Other operating charges | 640/8 | €1,256 | €1,294 | +€38 | +3.0% |
| Gross operating margin | 9900 | €1,843 | €4,130 | +€2,287 | +124% |
| Operating profit (loss) | 9901 | -€1,236 | -€850 | +€386 | +31.2% |
| Financial income | 75/76B | €1,735 | €1,687 | -€48 | -2.8% |
| Recurring financial income | 75 | €1,735 | €1,687 | -€48 | -2.8% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €454 | €792 | +€338 | +74.4% |
| Income taxes | 67/77 | €124 | €211 | +€88 | +70.8% |
| Profit (loss) for the period | 9904 | €330 | €580 | +€250 | +75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €330 | €580 | +€250 | +75.7% |
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 16 October 2026 via checked.be.