HOBON: 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.
What changed
HOBON
NACE 22.220, Manufacture of rubber and plastic products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€38,541
2024 · -€195,620+€234,161
Equity
€720,672
2024 · €687,509+€33,163
Cash
€172,485
2024 · €247,208-€74,722
Balance sheet total
€7.4m
2024 · €7.8m-€447,126
Largest movements
Assets
- Tangible fixed assets -€586,886
down €586,886 (-25.6%), from €2.3m to €1.7m
of which Leasing and similar rights: -€638,592
- Stocks and contracts +€318,340
up €318,340 (+18.9%), from €1.7m to €2.0m
- Receivables within one year -€95,198
down €95,198 (-2.7%), from €3.6m to €3.5m
of which Trade receivables: -€61,406
Equity and liabilities
- Debts after one year -€673,599
down €673,599 (-29.2%), from €2.3m to €1.6m
- Trade debts +€345,872
up €345,872 (+13.0%), from €2.7m to €3.0m
Income statement
- Goods and materials -€437,083
down €437,083 (-3.5%), from €12.6m to €12.1m
of which Change in stocks: decrease (increase): -€333,881
- Services and other goods +€397,870
up €397,870 (+14.0%), from €2.8m to €3.2m
- Depreciation -€227,225
down €227,225 (-22.2%), from €1.0m to €794,287
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.
Result 2024
-€195,620
Turnover
-€2,710
Other operating income
+€18,062
Goods and materials
+€437,083
Services and other goods
-€397,870
Staff costs
-€177,693
Depreciation
+€227,225
Provisions
+€61,720
Other operating charges
-€7,388
Other operating items
+€105,325
Financial income
-€14,154
Financial charges
-€407
Taxes
-€15,030
Result 2025
€38,541
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€870,269
Investment
-€200,843
Financing
-€744,149
Cash 2024
€247,208
From operations (derived)
+€870,269
Net result for the year
+€38,541
Depreciation
+€794,287
Stocks and contracts
-€318,340
Receivables within one year
+€95,198
Deferred charges and accrued income
+€2,102
Provisions
-€63,512
Trade debts
+€345,872
Tax, wage and social debts
-€60,347
Other debts
+€57,863
Accrued charges and deferred income
-€21,394
Investment (derived)
-€200,843
Investment in fixed assets (net)
-€200,843
Financing
-€744,149
Debts after one year
-€673,599
Current portion of long-term debt
-€65,172
Contributions, distributions and other
-€5,378
Cash 2025
€172,485
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,827,016 | €7,379,889 | -€447,126 | -5.7% |
| Fixed assets | 21/28 | €2,307,797 | €1,714,353 | -€593,444 | -25.7% |
| Intangible fixed assets | 21 | €14,183 | €7,625 | -€6,558 | -46.2% |
| Tangible fixed assets | 22/27 | €2,290,624 | €1,703,738 | -€586,886 | -25.6% |
| Land and buildings | 22 | €1,116,507 | €1,135,586 | +€19,079 | +1.7% |
| Plant, machinery and equipment | 23 | €197,024 | €231,540 | +€34,516 | +17.5% |
| Furniture and vehicles | 24 | €9,633 | €7,744 | -€1,889 | -19.6% |
| Leasing and similar rights | 25 | €967,459 | €328,867 | -€638,592 | -66.0% |
| Financial fixed assets | 28 | €2,990 | €2,990 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,990 | €2,990 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,990 | €2,990 | = | 0.0% |
| Current assets | 29/58 | €5,519,218 | €5,665,536 | +€146,318 | +2.7% |
| Stocks and contracts in progress | 3 | €1,681,437 | €1,999,777 | +€318,340 | +18.9% |
| Stocks | 30/36 | €1,681,437 | €1,999,777 | +€318,340 | +18.9% |
| Raw materials and consumables | 30/31 | €720,113 | €814,882 | +€94,769 | +13.2% |
| Work in progress | 32 | €449,162 | €240,929 | -€208,232 | -46.4% |
| Finished goods | 33 | €512,163 | €943,966 | +€431,803 | +84.3% |
| Amounts receivable within one year | 40/41 | €3,588,472 | €3,493,274 | -€95,198 | -2.7% |
| Trade receivables | 40 | €3,178,073 | €3,116,668 | -€61,406 | -1.9% |
| Other amounts receivable | 41 | €410,398 | €376,606 | -€33,792 | -8.2% |
| Cash at bank and in hand | 54/58 | €247,208 | €172,485 | -€74,722 | -30.2% |
| Deferred charges and accrued income | 490/1 | €2,102 | €0 | -€2,102 | -100% |
| Total equity and liabilities | 10/49 | €7,827,016 | €7,379,889 | -€447,126 | -5.7% |
| Equity | 10/15 | €687,509 | €720,672 | +€33,163 | +4.8% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Reserves | 13 | €42,343 | €43,265 | +€921 | +2.2% |
| Non-distributable reserves | 130/1 | €37,500 | €37,500 | = | 0.0% |
| Legal reserve | 130 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €4,843 | €5,765 | +€921 | +19.0% |
| Profit (loss) carried forward | 14 | €229,380 | €267,000 | +€37,620 | +16.4% |
| Investment grants | 15 | €40,786 | €35,407 | -€5,378 | -13.2% |
| Provisions and deferred taxes | 16 | €75,315 | €11,802 | -€63,512 | -84.3% |
| Provisions for liabilities and charges | 160/5 | €61,720 | €0 | -€61,720 | -100% |
| Other liabilities and charges | 164/5 | €61,720 | €0 | -€61,720 | -100% |
| Deferred taxes | 168 | €13,595 | €11,802 | -€1,793 | -13.2% |
| Amounts payable | 17/49 | €7,064,192 | €6,647,415 | -€416,777 | -5.9% |
| Amounts payable after more than one year | 17 | €2,308,834 | €1,635,235 | -€673,599 | -29.2% |
| Financial debts | 170/4 | €2,308,834 | €1,635,235 | -€673,599 | -29.2% |
| Leasing and similar obligations | 172 | €1,175,492 | €635,225 | -€540,267 | -46.0% |
| Credit institutions | 173 | €1,133,342 | €1,000,010 | -€133,332 | -11.8% |
| Amounts payable within one year | 42/48 | €4,733,964 | €5,012,180 | +€278,216 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €739,212 | €674,040 | -€65,172 | -8.8% |
| Trade debts | 44 | €2,669,946 | €3,015,818 | +€345,872 | +13.0% |
| Suppliers | 440/4 | €2,669,946 | €3,015,818 | +€345,872 | +13.0% |
| Taxes, remuneration and social security | 45 | €602,863 | €542,515 | -€60,347 | -10.0% |
| Taxes | 450/3 | €244,297 | €125,311 | -€118,986 | -48.7% |
| Remuneration and social security | 454/9 | €358,565 | €417,204 | +€58,639 | +16.4% |
| Other amounts payable | 47/48 | €721,944 | €779,807 | +€57,863 | +8.0% |
| Accrued charges and deferred income | 492/3 | €21,394 | €0 | -€21,394 | -100% |
| Operating income | 70/76A | €18,795,647 | €18,916,323 | +€120,677 | +0.6% |
| Turnover | 70 | €18,479,878 | €18,477,168 | -€2,710 | 0.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €158,514 | €223,571 | +€65,057 | +41.0% |
| Other operating income | 74 | €157,254 | €175,316 | +€18,062 | +11.5% |
| Non-recurring operating income | 76A | €0 | €40,269 | +€40,269 | |
| Operating charges | 60/66A | €18,956,094 | €18,813,018 | -€143,076 | -0.8% |
| Goods for resale, raw materials and consumables | 60 | €12,576,163 | €12,139,081 | -€437,083 | -3.5% |
| Purchases | 600/8 | €12,337,051 | €12,233,850 | -€103,202 | -0.8% |
| Change in stocks: decrease (increase) | 609 | €239,112 | -€94,769 | -€333,881 | |
| Services and other goods | 61 | €2,842,958 | €3,240,828 | +€397,870 | +14.0% |
| Remuneration, social security and pensions | 62 | €2,463,513 | €2,641,207 | +€177,693 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,021,512 | €794,287 | -€227,225 | -22.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€61,720 | -€61,720 | |
| Other operating charges | 640/8 | €51,947 | €59,335 | +€7,388 | +14.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | -€160,447 | €103,306 | +€263,753 | |
| Financial income | 75/76B | €49,368 | €35,214 | -€14,154 | -28.7% |
| Recurring financial income | 75 | €49,368 | €35,214 | -€14,154 | -28.7% |
| Income from current assets | 751 | €6,320 | €6,645 | +€326 | +5.2% |
| Other financial income | 752/9 | €43,048 | €28,568 | -€14,480 | -33.6% |
| Financial charges | 65/66B | €86,363 | €86,771 | +€407 | +0.5% |
| Recurring financial charges | 65 | €86,363 | €86,771 | +€407 | +0.5% |
| Debt charges | 650 | €64,470 | €55,290 | -€9,180 | -14.2% |
| Other financial charges | 652/9 | €21,893 | €31,481 | +€9,588 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | -€197,443 | €51,749 | +€249,192 | |
| Transfer from deferred taxes | 780 | €1,793 | €1,793 | = | 0.0% |
| Income taxes | 67/77 | -€30 | €15,000 | +€15,030 | |
| Taxes | 670/3 | €1,113 | €15,000 | +€13,887 | +1,248% |
| Tax adjustments and reversals of tax provisions | 77 | €1,143 | €0 | -€1,143 | -100% |
| Profit (loss) for the period | 9904 | -€195,620 | €38,541 | +€234,161 | |
| Profit (loss) for the period to be appropriated | 9905 | -€195,620 | €38,541 | +€234,161 |
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 13 October 2026 via checked.be.