HOBOKEN HOLDING: 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.
HOBOKEN HOLDING
Largest movements
- Cash +€310,711
up €310,711 (+229%), from €135,755 to €446,466
mainly Net result for the year (+€992,548) and Debts after one year (+€245,000)
- Short-term financial debts -€1.0m
down €1.0m (-95.3%), from €1.1m to €50,000
- Profit (loss) carried forward +€992,548
up €992,548 (+14.3%), from €6.9m to €7.9m
- Debts after one year +€245,000
up €245,000 (+3.0%), from €8.2m to €8.5m
- Gross operating margin +€109,794
up €109,794 (+6.0%), from €1.8m to €1.9m
- Financial charges -€70,041
down €70,041 (-19.1%), from €366,242 to €296,202
- Other operating charges +€54,978
up €54,978 (+35.1%), from €156,622 to €211,600
- Taxes +€31,402
up €31,402 (+10.5%), from €299,710 to €331,112
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 | €18,949,582 | €19,129,802 | +€180,219 | +1.0% |
| Fixed assets | 21/28 | €18,808,181 | €18,677,200 | -€130,981 | -0.7% |
| Tangible fixed assets | 22/27 | €18,805,330 | €18,674,348 | -€130,981 | -0.7% |
| Land and buildings | 22 | €18,805,330 | €18,674,348 | -€130,981 | -0.7% |
| Financial fixed assets | 28 | €2,851 | €2,851 | = | 0.0% |
| Current assets | 29/58 | €141,401 | €452,602 | +€311,201 | +220% |
| Stocks and contracts in progress | 3 | €4,702 | €4,702 | = | 0.0% |
| Stocks | 30/36 | €4,702 | €4,702 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €945 | €1,434 | +€490 | +51.9% |
| Trade receivables | 40 | €945 | €1,434 | +€490 | +51.9% |
| Cash at bank and in hand | 54/58 | €135,755 | €446,466 | +€310,711 | +229% |
| Total equity and liabilities | 10/49 | €18,949,582 | €19,129,802 | +€180,219 | +1.0% |
| Equity | 10/15 | €9,241,427 | €10,233,976 | +€992,548 | +10.7% |
| Contributions | 10/11 | €2,100,000 | €2,100,000 | = | 0.0% |
| Reserves | 13 | €210,000 | €210,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €210,000 | €210,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,931,427 | €7,923,976 | +€992,548 | +14.3% |
| Amounts payable | 17/49 | €9,708,155 | €8,895,826 | -€812,329 | -8.4% |
| Amounts payable after more than one year | 17 | €8,243,000 | €8,488,000 | +€245,000 | +3.0% |
| Financial debts | 170/4 | €8,243,000 | €8,488,000 | +€245,000 | +3.0% |
| Amounts payable within one year | 42/48 | €1,455,029 | €398,003 | -€1.1m | -72.6% |
| Financial debts | 43 | €1,069,900 | €50,000 | -€1.0m | -95.3% |
| Credit institutions | 430/8 | €1,069,900 | €50,000 | -€1.0m | -95.3% |
| Trade debts | 44 | €357,328 | €258,472 | -€98,856 | -27.7% |
| Suppliers | 440/4 | €357,328 | €258,472 | -€98,856 | -27.7% |
| Taxes, remuneration and social security | 45 | €27,541 | €89,532 | +€61,991 | +225% |
| Taxes | 450/3 | €27,541 | €89,532 | +€61,991 | +225% |
| Other amounts payable | 47/48 | €260 | €0 | -€260 | -100% |
| Accrued charges and deferred income | 492/3 | €10,127 | €9,823 | -€304 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,430 | €100,430 | = | 0.0% |
| Other operating charges | 640/8 | €156,622 | €211,600 | +€54,978 | +35.1% |
| Gross operating margin | 9900 | €1,819,380 | €1,929,174 | +€109,794 | +6.0% |
| Operating profit (loss) | 9901 | €1,562,328 | €1,617,145 | +€54,817 | +3.5% |
| Financial income | 75/76B | €2,756 | €2,717 | -€38 | -1.4% |
| Recurring financial income | 75 | €2,756 | €2,717 | -€38 | -1.4% |
| Financial charges | 65/66B | €366,242 | €296,202 | -€70,041 | -19.1% |
| Recurring financial charges | 65 | €366,242 | €296,202 | -€70,041 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €1,198,841 | €1,323,660 | +€124,819 | +10.4% |
| Income taxes | 67/77 | €299,710 | €331,112 | +€31,402 | +10.5% |
| Profit (loss) for the period | 9904 | €899,131 | €992,548 | +€93,418 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €899,131 | €992,548 | +€93,418 | +10.4% |
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 15 October 2026 via checked.be.