HoBoFisc: 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.
HoBoFisc
Largest movements
- Current investments -€79,507
down €79,507 (-57.3%), from €138,717 to €59,209
- Receivables within one year +€32,647
up €32,647 (+32.3%), from €101,000 to €133,647
of which Trade receivables: +€31,495
- Cash +€25,579
up €25,579 (+136%), from €18,839 to €44,418
mainly Net result for the year (+€108,934) and Current investments (+€79,507)
- Tangible fixed assets -€16,256
down €16,256 (-26.0%), from €62,640 to €46,384
of which Furniture and vehicles: -€9,261
- Current portion of long-term debt -€27,482
down €27,482 (-78.5%), from €35,022 to €7,540
- Other debts -€12,049
down €12,049 (-6.5%), from €184,076 to €172,027
- Trade debts +€9,187
up €9,187 (+10,941%), from €84 to €9,271
- Debts after one year -€7,540
down €7,540 (-45.8%), from €16,469 to €8,929
- Gross operating margin +€15,605
up €15,605 (+10.8%), from €144,850 to €160,455
- Taxes +€3,542
up €3,542 (+11.6%), from €30,560 to €34,102
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.
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 | €321,196 | €283,659 | -€37,537 | -11.7% |
| Fixed assets | 21/28 | €62,640 | €46,384 | -€16,256 | -26.0% |
| Tangible fixed assets | 22/27 | €62,640 | €46,384 | -€16,256 | -26.0% |
| Furniture and vehicles | 24 | €9,261 | €0 | -€9,261 | -100% |
| Other tangible fixed assets | 26 | €53,379 | €46,384 | -€6,995 | -13.1% |
| Current assets | 29/58 | €258,556 | €237,275 | -€21,281 | -8.2% |
| Amounts receivable within one year | 40/41 | €101,000 | €133,647 | +€32,647 | +32.3% |
| Trade receivables | 40 | €101,000 | €132,495 | +€31,495 | +31.2% |
| Other amounts receivable | 41 | €0 | €1,152 | +€1,152 | |
| Current investments | 50/53 | €138,717 | €59,209 | -€79,507 | -57.3% |
| Cash at bank and in hand | 54/58 | €18,839 | €44,418 | +€25,579 | +136% |
| Total equity and liabilities | 10/49 | €321,196 | €283,659 | -€37,537 | -11.7% |
| Equity | 10/15 | €52,730 | €52,730 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €50,230 | €50,230 | = | 0.0% |
| Distributable reserves | 133 | €50,230 | €50,230 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €268,466 | €230,929 | -€37,537 | -14.0% |
| Amounts payable after more than one year | 17 | €16,469 | €8,929 | -€7,540 | -45.8% |
| Financial debts | 170/4 | €16,469 | €8,929 | -€7,540 | -45.8% |
| Amounts payable within one year | 42/48 | €251,997 | €220,828 | -€31,170 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €35,022 | €7,540 | -€27,482 | -78.5% |
| Trade debts | 44 | €84 | €9,271 | +€9,187 | +10,941% |
| Suppliers | 440/4 | €84 | €9,271 | +€9,187 | +10,941% |
| Taxes, remuneration and social security | 45 | €32,815 | €31,990 | -€825 | -2.5% |
| Taxes | 450/3 | €30,865 | €29,990 | -€875 | -2.8% |
| Remuneration and social security | 454/9 | €1,950 | €2,000 | +€50 | +2.6% |
| Other amounts payable | 47/48 | €184,076 | €172,027 | -€12,049 | -6.5% |
| Accrued charges and deferred income | 492/3 | €0 | €1,172 | +€1,172 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,484 | €16,256 | -€1,228 | -7.0% |
| Other operating charges | 640/8 | €1,156 | €1,048 | -€108 | -9.3% |
| Gross operating margin | 9900 | €144,850 | €160,455 | +€15,605 | +10.8% |
| Operating profit (loss) | 9901 | €126,210 | €143,151 | +€16,941 | +13.4% |
| Financial income | 75/76B | €550 | €848 | +€298 | +54.2% |
| Recurring financial income | 75 | €550 | €848 | +€298 | +54.2% |
| Financial charges | 65/66B | €1,228 | €963 | -€266 | -21.6% |
| Recurring financial charges | 65 | €1,228 | €963 | -€266 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €125,532 | €143,036 | +€17,505 | +13.9% |
| Income taxes | 67/77 | €30,560 | €34,102 | +€3,542 | +11.6% |
| Profit (loss) for the period | 9904 | €94,971 | €108,934 | +€13,962 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €94,971 | €108,934 | +€13,962 | +14.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.