HOBOMAT: 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.
HOBOMAT
Largest movements
- Stocks and contracts +€78,452
up €78,452 (+78.2%), from €100,378 to €178,831
- Cash -€44,342
down €44,342 (-87.1%), from €50,899 to €6,557
mainly Investment in fixed assets (net) (-€106,356) and Stocks and contracts (-€78,452)
- Receivables within one year +€40,993
up €40,993 (+23.2%), from €176,679 to €217,672
of which Trade receivables: +€25,162
- Tangible fixed assets +€10,045
up €10,045 (+2.3%), from €435,299 to €445,343
of which Plant, machinery and equipment: +€37,428
- Trade debts +€56,426
up €56,426 (+58.6%), from €96,243 to €152,668
- Other debts +€35,103
up €35,103 (+32.6%), from €107,603 to €142,705
- Current portion of long-term debt +€18,369
up €18,369 (+105.9%), from €17,344 to €35,713
- Tax, wage and social debts -€15,907
no longer reported in 2025 (was €15,907)
- Debts after one year -€10,670
down €10,670 (-21.3%), from €50,200 to €39,530
- Depreciation +€27,079
up €27,079 (+38.8%), from €69,732 to €96,811
- Gross operating margin +€15,625
up €15,625 (+14.4%), from €108,778 to €124,403
- Financial charges -€5,348
down €5,348 (-37.0%), from €14,470 to €9,122
- Taxes +€4,421
up €4,421, from €0 to €4,421
- Other operating charges -€1,433
down €1,433 (-11.1%), from €12,926 to €11,493
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 | €764,805 | €850,682 | +€85,877 | +11.2% |
| Fixed assets | 21/28 | €436,049 | €445,593 | +€9,545 | +2.2% |
| Tangible fixed assets | 22/27 | €435,299 | €445,343 | +€10,045 | +2.3% |
| Land and buildings | 22 | €136,751 | €131,316 | -€5,436 | -4.0% |
| Plant, machinery and equipment | 23 | €137,174 | €174,603 | +€37,428 | +27.3% |
| Furniture and vehicles | 24 | €161,373 | €139,425 | -€21,948 | -13.6% |
| Financial fixed assets | 28 | €750 | €250 | -€500 | -66.7% |
| Current assets | 29/58 | €328,756 | €405,089 | +€76,333 | +23.2% |
| Stocks and contracts in progress | 3 | €100,378 | €178,831 | +€78,452 | +78.2% |
| Stocks | 30/36 | €100,378 | €178,831 | +€78,452 | +78.2% |
| Amounts receivable within one year | 40/41 | €176,679 | €217,672 | +€40,993 | +23.2% |
| Trade receivables | 40 | €133,085 | €158,246 | +€25,162 | +18.9% |
| Other amounts receivable | 41 | €43,594 | €59,425 | +€15,831 | +36.3% |
| Cash at bank and in hand | 54/58 | €50,899 | €6,557 | -€44,342 | -87.1% |
| Deferred charges and accrued income | 490/1 | €800 | €2,030 | +€1,230 | +153.6% |
| Total equity and liabilities | 10/49 | €764,805 | €850,682 | +€85,877 | +11.2% |
| Equity | 10/15 | €465,508 | €468,065 | +€2,557 | +0.5% |
| Contributions | 10/11 | €68,171 | €68,171 | = | 0.0% |
| Capital | 10 | €68,171 | €68,171 | = | 0.0% |
| Issued capital | 100 | €68,171 | €68,171 | = | 0.0% |
| Reserves | 13 | €615,796 | €615,796 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,817 | €6,817 | = | 0.0% |
| Legal reserve | 130 | - | €6,817 | +€6,817 | |
| Reserves not available under the articles | 1311 | €6,817 | - | -€6,817 | |
| Distributable reserves | 133 | €608,979 | €608,979 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€218,459 | -€215,902 | +€2,557 | +1.2% |
| Amounts payable | 17/49 | €299,296 | €382,617 | +€83,321 | +27.8% |
| Amounts payable after more than one year | 17 | €50,200 | €39,530 | -€10,670 | -21.3% |
| Financial debts | 170/4 | €50,200 | €39,530 | -€10,670 | -21.3% |
| Amounts payable within one year | 42/48 | €249,097 | €343,087 | +€93,990 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | €17,344 | €35,713 | +€18,369 | +105.9% |
| Financial debts | 43 | €12,000 | €12,000 | = | 0.0% |
| Credit institutions | 430/8 | €12,000 | €12,000 | = | 0.0% |
| Trade debts | 44 | €96,243 | €152,668 | +€56,426 | +58.6% |
| Suppliers | 440/4 | €96,243 | €152,668 | +€56,426 | +58.6% |
| Taxes, remuneration and social security | 45 | €15,907 | - | -€15,907 | |
| Taxes | 450/3 | €15,907 | - | -€15,907 | |
| Other amounts payable | 47/48 | €107,603 | €142,705 | +€35,103 | +32.6% |
| Non-recurring operating income | 76A | €14 | - | -€14 | |
| Remuneration, social security and pensions | 62 | €687 | - | -€687 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,732 | €96,811 | +€27,079 | +38.8% |
| Other operating charges | 640/8 | €12,926 | €11,493 | -€1,433 | -11.1% |
| Non-recurring operating charges | 66A | €18,884 | - | -€18,884 | |
| Gross operating margin | 9900 | €108,778 | €124,403 | +€15,625 | +14.4% |
| Operating profit (loss) | 9901 | €6,549 | €16,100 | +€9,551 | +145.8% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €14,470 | €9,122 | -€5,348 | -37.0% |
| Recurring financial charges | 65 | €14,470 | €9,122 | -€5,348 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,921 | €6,978 | +€14,899 | |
| Income taxes | 67/77 | €0 | €4,421 | +€4,421 | |
| Profit (loss) for the period | 9904 | -€7,921 | €2,557 | +€10,478 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,921 | €2,557 | +€10,478 |
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 12 October 2026 via checked.be.