L.HOBIN: what changed
Two fiscal 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.
L.HOBIN
Largest movements
- Cash +€12,112
up €12,112 (+27.3%), from €44,351 to €56,463
mainly Receivables within one year (+€7,841) and Net result for the year (+€6,780)
- Receivables within one year -€7,841
down €7,841 (-48.1%), from €16,284 to €8,444
of which Trade receivables: -€7,761
- Tangible fixed assets -€5,908
down €5,908 (-29.1%), from €20,295 to €14,387
of which Furniture and vehicles: -€5,102
- Deferred charges and accrued income +€2,239
up €2,239 (+107.1%), from €2,091 to €4,330
- Reserves +€6,780
up €6,780 (+18.9%), from €35,810 to €42,590
- Trade debts -€4,174
down €4,174 (-82.7%), from €5,045 to €870
- Current portion of long-term debt -€3,118
no longer reported in 2025 (was €3,118)
- Tax, wage and social debts +€1,129
up €1,129 (+225.3%), from €501 to €1,629
- Gross operating margin -€33,275
down €33,275 (-64.9%), from €51,245 to €17,970
- Taxes -€6,957
down €6,957 (-73.2%), from €9,501 to €2,544
- Financial charges +€1,368
up €1,368 (+172.7%), from €792 to €2,160
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 | €83,022 | €83,624 | +€602 | +0.7% |
| Fixed assets | 21/28 | €20,295 | €14,387 | -€5,908 | -29.1% |
| Tangible fixed assets | 22/27 | €20,295 | €14,387 | -€5,908 | -29.1% |
| Plant, machinery and equipment | 23 | €1,157 | €351 | -€806 | -69.7% |
| Furniture and vehicles | 24 | €19,139 | €14,036 | -€5,102 | -26.7% |
| Current assets | 29/58 | €62,726 | €69,237 | +€6,510 | +10.4% |
| Amounts receivable within one year | 40/41 | €16,284 | €8,444 | -€7,841 | -48.1% |
| Trade receivables | 40 | €16,204 | €8,444 | -€7,761 | -47.9% |
| Other amounts receivable | 41 | €80 | - | -€80 | |
| Cash at bank and in hand | 54/58 | €44,351 | €56,463 | +€12,112 | +27.3% |
| Deferred charges and accrued income | 490/1 | €2,091 | €4,330 | +€2,239 | +107.1% |
| Total equity and liabilities | 10/49 | €83,022 | €83,624 | +€602 | +0.7% |
| Equity | 10/15 | €45,810 | €52,590 | +€6,780 | +14.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €35,810 | €42,590 | +€6,780 | +18.9% |
| Distributable reserves | 133 | €35,810 | €42,590 | +€6,780 | +18.9% |
| Amounts payable | 17/49 | €37,212 | €31,034 | -€6,178 | -16.6% |
| Amounts payable within one year | 42/48 | €36,658 | €29,667 | -€6,991 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €3,118 | - | -€3,118 | |
| Trade debts | 44 | €5,045 | €870 | -€4,174 | -82.7% |
| Suppliers | 440/4 | €5,045 | €870 | -€4,174 | -82.7% |
| Taxes, remuneration and social security | 45 | €501 | €1,629 | +€1,129 | +225.3% |
| Taxes | 450/3 | €501 | €1,629 | +€1,129 | +225.3% |
| Other amounts payable | 47/48 | €27,994 | €27,167 | -€827 | -3.0% |
| Accrued charges and deferred income | 492/3 | €554 | €1,367 | +€813 | +146.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,156 | €5,908 | -€247 | -4.0% |
| Other operating charges | 640/8 | €852 | €578 | -€274 | -32.1% |
| Gross operating margin | 9900 | €51,245 | €17,970 | -€33,275 | -64.9% |
| Operating profit (loss) | 9901 | €44,238 | €11,484 | -€32,754 | -74.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €792 | €2,160 | +€1,368 | +172.7% |
| Recurring financial charges | 65 | €792 | €2,160 | +€1,368 | +172.7% |
| Profit (loss) for the period before taxes | 9903 | €43,446 | €9,324 | -€34,122 | -78.5% |
| Income taxes | 67/77 | €9,501 | €2,544 | -€6,957 | -73.2% |
| Profit (loss) for the period | 9904 | €33,945 | €6,780 | -€27,165 | -80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,945 | €6,780 | -€27,165 | -80.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.