HOBELEC: 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.
HOBELEC
Largest movements
- Receivables within one year -€137,833
down €137,833 (-75.6%), from €182,312 to €44,479
of which Trade receivables: -€93,372
- Cash +€81,096
up €81,096 (+155%), from €52,435 to €133,531
mainly Receivables within one year (+€137,833) and Net result for the year (+€41,270)
- Other debts -€86,000
down €86,000 (-81.1%), from €106,000 to €20,000
- Profit (loss) carried forward +€41,270
up €41,270 (+120%), from €34,257 to €75,527
- Tax, wage and social debts -€24,675
down €24,675 (-89.6%), from €27,554 to €2,879
of which Remuneration and social security: -€22,392
- Trade debts +€10,121
up €10,121 (+305%), from €3,317 to €13,438
- Purchases and services -€190,650
down €190,650 (-67.9%), from €280,678 to €90,028
- Turnover -€187,758
down €187,758 (-38.9%), from €482,552 to €294,794
- Staff costs -€38,337
down €38,337 (-19.0%), from €202,078 to €163,741
- Depreciation -€6,599
down €6,599 (-79.1%), from €8,345 to €1,746
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 | €239,328 | €180,344 | -€58,984 | -24.6% |
| Fixed assets | 21/28 | €1,746 | - | -€1,746 | |
| Tangible fixed assets | 22/27 | €1,746 | - | -€1,746 | |
| Furniture and vehicles | 24 | €1,746 | - | -€1,746 | |
| Current assets | 29/58 | €237,582 | €180,344 | -€57,238 | -24.1% |
| Amounts receivable within one year | 40/41 | €182,312 | €44,479 | -€137,833 | -75.6% |
| Trade receivables | 40 | €133,320 | €39,948 | -€93,372 | -70.0% |
| Other amounts receivable | 41 | €48,992 | €4,531 | -€44,461 | -90.8% |
| Cash at bank and in hand | 54/58 | €52,435 | €133,531 | +€81,096 | +155% |
| Deferred charges and accrued income | 490/1 | €2,835 | €2,334 | -€501 | -17.7% |
| Total equity and liabilities | 10/49 | €239,328 | €180,344 | -€58,984 | -24.6% |
| Equity | 10/15 | €102,457 | €143,727 | +€41,270 | +40.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,257 | €75,527 | +€41,270 | +120% |
| Amounts payable | 17/49 | €136,871 | €36,617 | -€100,254 | -73.2% |
| Amounts payable within one year | 42/48 | €136,871 | €36,317 | -€100,554 | -73.5% |
| Trade debts | 44 | €3,317 | €13,438 | +€10,121 | +305% |
| Suppliers | 440/4 | €3,317 | €13,438 | +€10,121 | +305% |
| Taxes, remuneration and social security | 45 | €27,554 | €2,879 | -€24,675 | -89.6% |
| Taxes | 450/3 | €3,945 | €1,662 | -€2,283 | -57.9% |
| Remuneration and social security | 454/9 | €23,609 | €1,217 | -€22,392 | -94.8% |
| Other amounts payable | 47/48 | €106,000 | €20,000 | -€86,000 | -81.1% |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Turnover | 70 | €482,552 | €294,794 | -€187,758 | -38.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €280,678 | €90,028 | -€190,650 | -67.9% |
| Remuneration, social security and pensions | 62 | €202,078 | €163,741 | -€38,337 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,345 | €1,746 | -€6,599 | -79.1% |
| Other operating charges | 640/8 | €838 | €993 | +€155 | +18.5% |
| Gross operating margin | 9900 | €212,182 | €208,178 | -€4,004 | -1.9% |
| Operating profit (loss) | 9901 | €921 | €41,698 | +€40,777 | +4,427% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €442 | €428 | -€14 | -3.2% |
| Recurring financial charges | 65 | €442 | €428 | -€14 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €479 | €41,270 | +€40,791 | +8,516% |
| Profit (loss) for the period | 9904 | €479 | €41,270 | +€40,791 | +8,516% |
| Profit (loss) for the period to be appropriated | 9905 | €479 | €41,270 | +€40,791 | +8,516% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.