HOBECON: 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.
HOBECON
Largest movements
- Receivables within one year -€60,558
down €60,558 (-62.2%), from €97,343 to €36,785
of which Trade receivables: -€49,706
- Financial fixed assets -€41,389
down €41,389 (-3.3%), from €1.3m to €1.2m
- Debts after one year -€61,599
no longer reported in 2024 (was €61,599)
- Provisions -€22,819
no longer reported in 2024 (was €22,819)
- Trade debts -€17,294
down €17,294 (-5.9%), from €294,957 to €277,663
- Gross operating margin -€41,491
down €41,491, from €35,021 to -€6,470
- Provisions -€22,819
new in 2024: -€22,819
- Financial charges -€7,630
down €7,630 (-44.7%), from €17,069 to €9,439
- Other operating charges -€4,083
down €4,083 (-66.2%), from €6,167 to €2,084
- Taxes -€1,673
down €1,673 (-88.5%), from €1,892 to €218
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,368,845 | €1,260,870 | -€107,975 | -7.9% |
| Fixed assets | 21/28 | €1,269,842 | €1,223,312 | -€46,530 | -3.7% |
| Tangible fixed assets | 22/27 | €18,731 | €13,590 | -€5,141 | -27.4% |
| Furniture and vehicles | 24 | €18,731 | €13,590 | -€5,141 | -27.4% |
| Financial fixed assets | 28 | €1,251,111 | €1,209,722 | -€41,389 | -3.3% |
| Current assets | 29/58 | €99,003 | €37,558 | -€61,445 | -62.1% |
| Amounts receivable within one year | 40/41 | €97,343 | €36,785 | -€60,558 | -62.2% |
| Trade receivables | 40 | €86,006 | €36,300 | -€49,706 | -57.8% |
| Other amounts receivable | 41 | €11,337 | €485 | -€10,852 | -95.7% |
| Cash at bank and in hand | 54/58 | €27 | €39 | +€13 | +47.4% |
| Deferred charges and accrued income | 490/1 | €1,633 | €734 | -€899 | -55.1% |
| Total equity and liabilities | 10/49 | €1,368,845 | €1,260,870 | -€107,975 | -7.9% |
| Equity | 10/15 | €127,729 | €127,196 | -€533 | -0.4% |
| Contributions | 10/11 | €143,600 | €143,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,871 | -€16,404 | -€533 | -3.4% |
| Provisions and deferred taxes | 16 | €22,819 | - | -€22,819 | |
| Provisions for liabilities and charges | 160/5 | €22,819 | - | -€22,819 | |
| Pensions and similar obligations | 160 | €22,819 | - | -€22,819 | |
| Amounts payable | 17/49 | €1,218,296 | €1,133,674 | -€84,622 | -6.9% |
| Amounts payable after more than one year | 17 | €61,599 | - | -€61,599 | |
| Financial debts | 170/4 | €61,599 | - | -€61,599 | |
| Amounts payable within one year | 42/48 | €1,111,730 | €1,088,707 | -€23,023 | -2.1% |
| Trade debts | 44 | €294,957 | €277,663 | -€17,294 | -5.9% |
| Suppliers | 440/4 | €294,957 | €277,663 | -€17,294 | -5.9% |
| Taxes, remuneration and social security | 45 | €2,184 | €2,275 | +€90 | +4.1% |
| Taxes | 450/3 | €2,184 | €2,275 | +€90 | +4.1% |
| Other amounts payable | 47/48 | €814,589 | €808,769 | -€5,820 | -0.7% |
| Accrued charges and deferred income | 492/3 | €44,967 | €44,967 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,170 | €5,141 | -€1,029 | -16.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€22,819 | -€22,819 | |
| Other operating charges | 640/8 | €6,167 | €2,084 | -€4,083 | -66.2% |
| Gross operating margin | 9900 | €35,021 | -€6,470 | -€41,491 | |
| Operating profit (loss) | 9901 | €22,684 | €9,124 | -€13,560 | -59.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €17,069 | €9,439 | -€7,630 | -44.7% |
| Recurring financial charges | 65 | €17,069 | €9,439 | -€7,630 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | €5,615 | -€315 | -€5,930 | |
| Income taxes | 67/77 | €1,892 | €218 | -€1,673 | -88.5% |
| Profit (loss) for the period | 9904 | €3,723 | -€533 | -€4,256 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,723 | -€533 | -€4,256 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.