HOBECO CONSTRUCT: 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.
HOBECO CONSTRUCT
Largest movements
- Tangible fixed assets -€25,365
down €25,365 (-72.3%), from €35,064 to €9,699
- Receivables within one year +€4,941
up €4,941 (+20.4%), from €24,166 to €29,108
of which Trade receivables: +€4,924
- Other debts -€29,213
down €29,213 (-100.0%), from €29,213 to €0
- Tax, wage and social debts +€13,236
up €13,236 (+147.0%), from €9,004 to €22,240
- Profit (loss) carried forward -€4,850
down €4,850 (-11.9%), from -€40,703 to -€45,552
- Gross operating margin +€49,674
up €49,674, from -€20,020 to €29,654
- Taxes +€9,595
up €9,595, from €0 to €9,595
- Other operating charges +€5,830
up €5,830 (+91.6%), from €6,361 to €12,191
- Financial charges +€4,489
up €4,489 (+671.9%), from €668 to €5,157
- Depreciation -€4,104
down €4,104 (-35.0%), from €11,715 to €7,611
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 | €60,108 | €39,528 | -€20,580 | -34.2% |
| Fixed assets | 21/28 | €35,064 | €9,699 | -€25,365 | -72.3% |
| Tangible fixed assets | 22/27 | €35,064 | €9,699 | -€25,365 | -72.3% |
| Furniture and vehicles | 24 | €35,064 | €9,699 | -€25,365 | -72.3% |
| Current assets | 29/58 | €25,045 | €29,829 | +€4,784 | +19.1% |
| Amounts receivable within one year | 40/41 | €24,166 | €29,108 | +€4,941 | +20.4% |
| Trade receivables | 40 | €20,029 | €24,952 | +€4,924 | +24.6% |
| Other amounts receivable | 41 | €4,138 | €4,156 | +€18 | +0.4% |
| Cash at bank and in hand | 54/58 | €878 | €721 | -€157 | -17.9% |
| Total equity and liabilities | 10/49 | €60,108 | €39,528 | -€20,580 | -34.2% |
| Equity | 10/15 | €20,797 | €15,948 | -€4,850 | -23.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,703 | -€45,552 | -€4,850 | -11.9% |
| Amounts payable | 17/49 | €39,311 | €23,580 | -€15,731 | -40.0% |
| Amounts payable within one year | 42/48 | €39,149 | €23,580 | -€15,569 | -39.8% |
| Trade debts | 44 | €931 | €1,340 | +€409 | +43.9% |
| Suppliers | 440/4 | €931 | €1,340 | +€409 | +43.9% |
| Taxes, remuneration and social security | 45 | €9,004 | €22,240 | +€13,236 | +147.0% |
| Taxes | 450/3 | €9,004 | €22,240 | +€13,236 | +147.0% |
| Other amounts payable | 47/48 | €29,213 | €0 | -€29,213 | -100.0% |
| Accrued charges and deferred income | 492/3 | €162 | €0 | -€162 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,715 | €7,611 | -€4,104 | -35.0% |
| Other operating charges | 640/8 | €6,361 | €12,191 | +€5,830 | +91.6% |
| Gross operating margin | 9900 | -€20,020 | €29,654 | +€49,674 | |
| Operating profit (loss) | 9901 | -€38,096 | €9,852 | +€47,948 | |
| Financial income | 75/76B | €187 | €50 | -€137 | -73.2% |
| Recurring financial income | 75 | €187 | €50 | -€137 | -73.2% |
| Financial charges | 65/66B | €668 | €5,157 | +€4,489 | +671.9% |
| Recurring financial charges | 65 | €668 | €5,157 | +€4,489 | +671.9% |
| Profit (loss) for the period before taxes | 9903 | -€38,577 | €4,746 | +€43,323 | |
| Income taxes | 67/77 | €0 | €9,595 | +€9,595 | |
| Profit (loss) for the period | 9904 | -€38,577 | -€4,850 | +€33,728 | +87.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,577 | -€4,850 | +€33,728 | +87.4% |
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 5 October 2026 via checked.be.