Hobico: 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.
Hobico
Largest movements
- Receivables within one year +€44,545
up €44,545 (+1838.6%), from €2,423 to €46,967
of which Trade receivables: +€46,685
- Tangible fixed assets -€28,102
down €28,102 (-30.5%), from €92,016 to €63,914
of which Leasing and similar rights: -€23,570
- Deferred charges and accrued income -€26,896
down €26,896 (-83.0%), from €32,397 to €5,501
- Cash -€24,183
down €24,183 (-43.1%), from €56,101 to €31,918
mainly Contributions, distributions and other (-€175,965) and Receivables within one year (-€44,545)
- Current investments -€15,000
down €15,000 (-100.0%), from €15,000 to €0
- Reserves -€110,158
down €110,158 (-100.0%), from €110,158 to €0
- Other debts +€65,685
up €65,685 (+465.9%), from €14,100 to €79,785
- Debts after one year -€23,577
down €23,577 (-52.2%), from €45,194 to €21,617
- Tax, wage and social debts +€15,961
up €15,961, from €0 to €15,961
- Trade debts +€2,123
up €2,123 (+87.9%), from €2,414 to €4,537
- Gross operating margin +€13,476
up €13,476 (+14.8%), from €90,952 to €104,428
- Financial income +€2,870
up €2,870 (+7448.5%), from €39 to €2,908
- Other operating charges -€2,098
down €2,098 (-72.7%), from €2,886 to €787
- Depreciation -€1,070
down €1,070 (-3.7%), from €29,172 to €28,102
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 | €197,937 | €148,300 | -€49,637 | -25.1% |
| Fixed assets | 21/28 | €92,016 | €63,914 | -€28,102 | -30.5% |
| Tangible fixed assets | 22/27 | €92,016 | €63,914 | -€28,102 | -30.5% |
| Land and buildings | 22 | €13,975 | €13,085 | -€891 | -6.4% |
| Plant, machinery and equipment | 23 | €365 | €0 | -€365 | -100.0% |
| Furniture and vehicles | 24 | €8,967 | €5,691 | -€3,276 | -36.5% |
| Leasing and similar rights | 25 | €68,709 | €45,139 | -€23,570 | -34.3% |
| Current assets | 29/58 | €105,921 | €84,386 | -€21,534 | -20.3% |
| Amounts receivable within one year | 40/41 | €2,423 | €46,967 | +€44,545 | +1838.6% |
| Trade receivables | 40 | €0 | €46,685 | +€46,685 | |
| Other amounts receivable | 41 | €2,423 | €283 | -€2,140 | -88.3% |
| Current investments | 50/53 | €15,000 | €0 | -€15,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €56,101 | €31,918 | -€24,183 | -43.1% |
| Deferred charges and accrued income | 490/1 | €32,397 | €5,501 | -€26,896 | -83.0% |
| Total equity and liabilities | 10/49 | €197,937 | €148,300 | -€49,637 | -25.1% |
| Equity | 10/15 | €112,658 | €2,500 | -€110,158 | -97.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €110,158 | €0 | -€110,158 | -100.0% |
| Distributable reserves | 133 | €110,158 | €0 | -€110,158 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €85,279 | €145,800 | +€60,521 | +71.0% |
| Amounts payable after more than one year | 17 | €45,194 | €21,617 | -€23,577 | -52.2% |
| Financial debts | 170/4 | €45,194 | €21,617 | -€23,577 | -52.2% |
| Amounts payable within one year | 42/48 | €40,085 | €124,183 | +€84,098 | +209.8% |
| Current portion of amounts payable after more than one year | 42 | €23,571 | €23,577 | +€6 | 0.0% |
| Financial debts | 43 | - | €323 | +€323 | |
| Credit institutions | 430/8 | - | €323 | +€323 | |
| Trade debts | 44 | €2,414 | €4,537 | +€2,123 | +87.9% |
| Suppliers | 440/4 | €2,414 | €4,537 | +€2,123 | +87.9% |
| Taxes, remuneration and social security | 45 | €0 | €15,961 | +€15,961 | |
| Taxes | 450/3 | €0 | €15,961 | +€15,961 | |
| Other amounts payable | 47/48 | €14,100 | €79,785 | +€65,685 | +465.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,172 | €28,102 | -€1,070 | -3.7% |
| Other operating charges | 640/8 | €2,886 | €787 | -€2,098 | -72.7% |
| Gross operating margin | 9900 | €90,952 | €104,428 | +€13,476 | +14.8% |
| Operating profit (loss) | 9901 | €58,894 | €75,538 | +€16,644 | +28.3% |
| Financial income | 75/76B | €39 | €2,908 | +€2,870 | +7448.5% |
| Recurring financial income | 75 | €39 | €2,908 | +€2,870 | +7448.5% |
| Financial charges | 65/66B | €550 | €103 | -€447 | -81.2% |
| Recurring financial charges | 65 | €550 | €103 | -€447 | -81.2% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €58,383 | €78,343 | +€19,961 | +34.2% |
| Income taxes | 67/77 | €12,730 | €12,537 | -€193 | -1.5% |
| Profit (loss) for the period | 9904 | €45,653 | €65,807 | +€20,154 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,653 | €65,807 | +€20,154 | +44.1% |
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 6 October 2026 via checked.be.