HOBEFI: 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.
What changed
HOBEFI
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€491,717
2024 · €312,347+€179,370
Equity
€32.9m
2024 · €30.7m+€2.2m
Cash
€148,793
2024 · €148,154+€639
Balance sheet total
€41.8m
2024 · €39.4m+€2.3m
Largest movements
Assets
- Current investments +€2.6m
up €2.6m (+62.5%), from €4.1m to €6.6m
Equity and liabilities
- Contributions +€33.8m
up €33.8m (+147.2%), from €22.9m to €56.7m
- Profit (loss) carried forward -€29.3m
down €29.3m, from €5.4m to -€23.9m
- Reserves -€2.3m
down €2.3m (-100.0%), from €2.3m to €0
- Debts after one year +€535,920
up €535,920 (+6.9%), from €7.8m to €8.3m
Income statement
- Provisions -€76,424
no longer reported in 2025 (was €76,424)
- Turnover +€75,625
up €75,625 (+8.4%), from €903,020 to €978,645
- Financial charges +€62,785
up €62,785 (+16.7%), from €377,078 to €439,862
- Financial income +€62,594
up €62,594 (+127.9%), from €48,938 to €111,532
- Taxes +€37,133
up €37,133 (+32.2%), from €115,162 to €152,296
of which Taxes: +€37,133
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.
Result 2024
€312,347
Turnover
+€75,625
Other operating income
+€32,767
Services and other goods
+€4,529
Staff costs
+€24,407
Depreciation
-€8,730
Provisions
+€76,424
Other operating charges
+€11,673
Financial income
+€62,594
Financial charges
-€62,785
Taxes
-€37,133
Result 2025
€491,717
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.
From operations
+€342,359
Investment
-€2.6m
Financing
+€2.2m
Cash 2024
€148,154
From operations (derived)
+€342,359
Net result for the year
+€491,717
Depreciation
+€17,625
Receivables within one year
+€207,117
Deferred charges and accrued income
-€15,772
Trade debts
-€2,962
Tax, wage and social debts
-€122,175
Other debts
+€69,673
Accrued charges and deferred income
-€302,864
Investment (derived)
-€2.6m
Investment in fixed assets (net)
-€244
Current investments
-€2.6m
Financing
+€2.2m
Debts after one year
+€535,920
Contributions, distributions and other
+€1.7m
Cash 2025
€148,793
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,427,680 | €41,773,213 | +€2.3m | +5.9% |
| Fixed assets | 21/28 | €33,997,401 | €33,980,021 | -€17,381 | -0.1% |
| Tangible fixed assets | 22/27 | €275,247 | €257,622 | -€17,625 | -6.4% |
| Land and buildings | 22 | €240,613 | €233,620 | -€6,993 | -2.9% |
| Furniture and vehicles | 24 | €29,098 | €19,099 | -€9,999 | -34.4% |
| Other tangible fixed assets | 26 | €5,535 | €4,902 | -€633 | -11.4% |
| Financial fixed assets | 28 | €33,722,155 | €33,722,399 | +€244 | 0.0% |
| Affiliated companies | 280/1 | €33,722,155 | €33,722,399 | +€244 | 0.0% |
| Participating interests | 280 | €33,722,155 | €33,722,399 | +€244 | 0.0% |
| Current assets | 29/58 | €5,430,278 | €7,793,192 | +€2.4m | +43.5% |
| Amounts receivable within one year | 40/41 | €1,189,409 | €982,292 | -€207,117 | -17.4% |
| Trade receivables | 40 | €1,174,625 | €361,451 | -€813,174 | -69.2% |
| Other amounts receivable | 41 | €14,784 | €620,841 | +€606,057 | +4099.4% |
| Current investments | 50/53 | €4,083,483 | €6,637,104 | +€2.6m | +62.5% |
| Other investments | 51/53 | €4,083,483 | €6,637,104 | +€2.6m | +62.5% |
| Cash at bank and in hand | 54/58 | €148,154 | €148,793 | +€639 | +0.4% |
| Deferred charges and accrued income | 490/1 | €9,232 | €25,003 | +€15,772 | +170.8% |
| Total equity and liabilities | 10/49 | €39,427,680 | €41,773,213 | +€2.3m | +5.9% |
| Equity | 10/15 | €30,686,499 | €32,854,440 | +€2.2m | +7.1% |
| Contributions | 10/11 | €22,941,033 | €56,709,226 | +€33.8m | +147.2% |
| Reserves | 13 | €2,305,610 | €0 | -€2.3m | -100.0% |
| Distributable reserves | 133 | €2,305,610 | €0 | -€2.3m | -100.0% |
| Profit (loss) carried forward | 14 | €5,439,855 | -€23,854,786 | -€29.3m | |
| Provisions and deferred taxes | 16 | €197,829 | €197,829 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €197,829 | €197,829 | = | 0.0% |
| Other liabilities and charges | 164/5 | €197,829 | €197,829 | = | 0.0% |
| Amounts payable | 17/49 | €8,543,352 | €8,720,944 | +€177,592 | +2.1% |
| Amounts payable after more than one year | 17 | €7,752,207 | €8,288,128 | +€535,920 | +6.9% |
| Other amounts payable | 178/9 | €7,752,207 | €8,288,128 | +€535,920 | +6.9% |
| Amounts payable within one year | 42/48 | €358,160 | €302,697 | -€55,463 | -15.5% |
| Trade debts | 44 | €19,857 | €16,895 | -€2,962 | -14.9% |
| Suppliers | 440/4 | €19,857 | €16,895 | -€2,962 | -14.9% |
| Advances received on contracts in progress | 46 | €4,200 | €4,200 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €332,045 | €209,870 | -€122,175 | -36.8% |
| Taxes | 450/3 | €136,238 | €43,222 | -€93,016 | -68.3% |
| Remuneration and social security | 454/9 | €195,806 | €166,648 | -€29,159 | -14.9% |
| Other amounts payable | 47/48 | €2,058 | €71,732 | +€69,673 | +3384.7% |
| Accrued charges and deferred income | 492/3 | €432,984 | €130,120 | -€302,864 | -69.9% |
| Operating income | 70/76A | €1,921,127 | €2,029,519 | +€108,392 | +5.6% |
| Turnover | 70 | €903,020 | €978,645 | +€75,625 | +8.4% |
| Other operating income | 74 | €1,018,108 | €1,050,874 | +€32,767 | +3.2% |
| Operating charges | 60/66A | €1,165,479 | €1,057,176 | -€108,302 | -9.3% |
| Services and other goods | 61 | €41,175 | €36,646 | -€4,529 | -11.0% |
| Remuneration, social security and pensions | 62 | €1,014,065 | €989,659 | -€24,407 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,895 | €17,625 | +€8,730 | +98.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €76,424 | - | -€76,424 | |
| Other operating charges | 640/8 | €24,920 | €13,247 | -€11,673 | -46.8% |
| Operating profit (loss) | 9901 | €755,649 | €972,343 | +€216,694 | +28.7% |
| Financial income | 75/76B | €48,938 | €111,532 | +€62,594 | +127.9% |
| Recurring financial income | 75 | €48,938 | €111,532 | +€62,594 | +127.9% |
| Income from financial fixed assets | 750 | €48,283 | €93,855 | +€45,572 | +94.4% |
| Income from current assets | 751 | €119 | €17,443 | +€17,324 | +14548.3% |
| Other financial income | 752/9 | €537 | €234 | -€303 | -56.4% |
| Financial charges | 65/66B | €377,078 | €439,862 | +€62,785 | +16.7% |
| Recurring financial charges | 65 | €377,078 | €439,862 | +€62,785 | +16.7% |
| Debt charges | 650 | €438,667 | €449,628 | +€10,961 | +2.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€64,255 | -€12,148 | +€52,107 | +81.1% |
| Other financial charges | 652/9 | €2,666 | €2,382 | -€284 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €427,509 | €644,013 | +€216,504 | +50.6% |
| Income taxes | 67/77 | €115,162 | €152,296 | +€37,133 | +32.2% |
| Taxes | 670/3 | €115,162 | €152,296 | +€37,133 | +32.2% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €312,347 | €491,717 | +€179,370 | +57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €312,347 | €491,717 | +€179,370 | +57.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.