HOBOCONSTRUCT: 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.
HOBOCONSTRUCT
Largest movements
- Tangible fixed assets -€243,157
down €243,157 (-19.3%), from €1.3m to €1.0m
of which Land and buildings: -€177,971
- Receivables within one year -€220,330
down €220,330 (-47.4%), from €464,472 to €244,142
of which Trade receivables: -€277,015
- Trade debts -€179,038
down €179,038 (-60.7%), from €294,745 to €115,707
- Debts after one year -€160,133
down €160,133 (-37.0%), from €432,368 to €272,235
- Other debts -€104,495
down €104,495 (-34.4%), from €304,148 to €199,653
- Tax, wage and social debts -€101,038
down €101,038 (-71.3%), from €141,723 to €40,685
- Reserves +€70,658
up €70,658 (+6.6%), from €1.1m to €1.1m
of which Distributable reserves: +€70,658
- Gross operating margin -€54,611
down €54,611 (-15.0%), from €363,350 to €308,739
- Depreciation +€20,816
up €20,816 (+28.2%), from €73,947 to €94,763
- Taxes -€19,856
down €19,856 (-32.5%), from €61,106 to €41,250
- Financial income +€6,723
up €6,723 (+166%), from €4,054 to €10,777
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 | €2,846,296 | €2,383,089 | -€463,207 | -16.3% |
| Fixed assets | 21/28 | €1,278,071 | €1,034,914 | -€243,157 | -19.0% |
| Tangible fixed assets | 22/27 | €1,260,671 | €1,017,514 | -€243,157 | -19.3% |
| Land and buildings | 22 | €1,011,382 | €833,411 | -€177,971 | -17.6% |
| Plant, machinery and equipment | 23 | €15,023 | €9,604 | -€5,419 | -36.1% |
| Furniture and vehicles | 24 | €48,774 | €24,974 | -€23,800 | -48.8% |
| Leasing and similar rights | 25 | €157,955 | €124,958 | -€32,997 | -20.9% |
| Other tangible fixed assets | 26 | €27,538 | €24,568 | -€2,970 | -10.8% |
| Financial fixed assets | 28 | €17,400 | €17,400 | = | 0.0% |
| Current assets | 29/58 | €1,568,225 | €1,348,175 | -€220,051 | -14.0% |
| Stocks and contracts in progress | 3 | €1,095,020 | €1,083,327 | -€11,693 | -1.1% |
| Stocks | 30/36 | - | €15,910 | +€15,910 | |
| Contracts in progress | 37 | €1,095,020 | €1,067,417 | -€27,603 | -2.5% |
| Amounts receivable within one year | 40/41 | €464,472 | €244,142 | -€220,330 | -47.4% |
| Trade receivables | 40 | €419,074 | €142,059 | -€277,015 | -66.1% |
| Other amounts receivable | 41 | €45,398 | €102,083 | +€56,685 | +125% |
| Current investments | 50/53 | €69 | €69 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,814 | €13,292 | +€10,478 | +372% |
| Deferred charges and accrued income | 490/1 | €5,850 | €7,345 | +€1,495 | +25.6% |
| Total equity and liabilities | 10/49 | €2,846,296 | €2,383,089 | -€463,207 | -16.3% |
| Equity | 10/15 | €1,104,907 | €1,175,565 | +€70,658 | +6.4% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Reserves | 13 | €1,077,907 | €1,148,565 | +€70,658 | +6.6% |
| Non-distributable reserves | 130/1 | €2,700 | €2,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,700 | €2,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,056,457 | €1,127,115 | +€70,658 | +6.7% |
| Amounts payable | 17/49 | €1,741,389 | €1,207,523 | -€533,865 | -30.7% |
| Amounts payable after more than one year | 17 | €432,368 | €272,235 | -€160,133 | -37.0% |
| Financial debts | 170/4 | €432,368 | €272,235 | -€160,133 | -37.0% |
| Amounts payable within one year | 42/48 | €1,309,021 | €935,289 | -€373,732 | -28.6% |
| Current portion of amounts payable after more than one year | 42 | €158,405 | €169,244 | +€10,838 | +6.8% |
| Financial debts | 43 | €400,000 | €400,000 | = | 0.0% |
| Credit institutions | 430/8 | €400,000 | €400,000 | = | 0.0% |
| Trade debts | 44 | €294,745 | €115,707 | -€179,038 | -60.7% |
| Suppliers | 440/4 | €294,745 | €115,707 | -€179,038 | -60.7% |
| Advances received on contracts in progress | 46 | €10,000 | €10,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €141,723 | €40,685 | -€101,038 | -71.3% |
| Taxes | 450/3 | €141,723 | €40,685 | -€101,038 | -71.3% |
| Other amounts payable | 47/48 | €304,148 | €199,653 | -€104,495 | -34.4% |
| Non-recurring operating income | 76A | €5,421 | €6,953 | +€1,532 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,947 | €94,763 | +€20,816 | +28.2% |
| Other operating charges | 640/8 | €60,559 | €57,566 | -€2,992 | -4.9% |
| Non-recurring operating charges | 66A | €4,152 | €1,911 | -€2,241 | -54.0% |
| Gross operating margin | 9900 | €363,350 | €308,739 | -€54,611 | -15.0% |
| Operating profit (loss) | 9901 | €224,693 | €154,498 | -€70,194 | -31.2% |
| Financial income | 75/76B | €4,054 | €10,777 | +€6,723 | +166% |
| Recurring financial income | 75 | €4,054 | €10,777 | +€6,723 | +166% |
| Financial charges | 65/66B | €53,608 | €53,367 | -€242 | -0.5% |
| Recurring financial charges | 65 | €53,608 | €53,367 | -€242 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €175,138 | €111,908 | -€63,230 | -36.1% |
| Income taxes | 67/77 | €61,106 | €41,250 | -€19,856 | -32.5% |
| Profit (loss) for the period | 9904 | €114,032 | €70,658 | -€43,374 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €114,032 | €70,658 | -€43,374 | -38.0% |
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 20 October 2026 via checked.be.