Stal Het Hobos: 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.
Stal Het Hobos
Largest movements
- Tangible fixed assets -€56,443
down €56,443 (-22.4%), from €252,066 to €195,623
of which Land and buildings: -€29,815
- Cash +€23,640
up €23,640 (+2529.7%), from €935 to €24,574
mainly Depreciation (+€56,443) and Other debts (+€26,085)
- Stocks and contracts -€11,000
down €11,000 (-4.3%), from €253,857 to €242,857
- Profit (loss) carried forward -€71,977
down €71,977 (-21.4%), from -€336,543 to -€408,520
- Other debts +€26,085
up €26,085 (+53.3%), from €48,942 to €75,027
- Trade debts +€7,905
up €7,905 (+15.8%), from €49,962 to €57,867
- Debts after one year -€7,500
down €7,500 (-1.1%), from €695,625 to €688,125
- Gross operating margin +€14,789
up €14,789 (+52.2%), from -€28,340 to -€13,551
- Depreciation -€3,664
down €3,664 (-6.1%), from €60,107 to €56,443
- Other operating charges -€428
down €428 (-26.5%), from €1,613 to €1,185
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €514,989 | €469,502 | -€45,487 | -8.8% |
| Fixed assets | 21/28 | €252,066 | €196,423 | -€55,643 | -22.1% |
| Tangible fixed assets | 22/27 | €252,066 | €195,623 | -€56,443 | -22.4% |
| Land and buildings | 22 | €210,369 | €180,554 | -€29,815 | -14.2% |
| Plant, machinery and equipment | 23 | €11,258 | €4,510 | -€6,748 | -59.9% |
| Furniture and vehicles | 24 | €30,439 | €10,559 | -€19,880 | -65.3% |
| Financial fixed assets | 28 | - | €800 | +€800 | |
| Current assets | 29/58 | €262,923 | €273,079 | +€10,156 | +3.9% |
| Stocks and contracts in progress | 3 | €253,857 | €242,857 | -€11,000 | -4.3% |
| Stocks | 30/36 | €253,857 | €242,857 | -€11,000 | -4.3% |
| Amounts receivable within one year | 40/41 | €7,729 | €5,342 | -€2,387 | -30.9% |
| Trade receivables | 40 | - | €3,813 | +€3,813 | |
| Other amounts receivable | 41 | €7,729 | €1,529 | -€6,200 | -80.2% |
| Cash at bank and in hand | 54/58 | €935 | €24,574 | +€23,640 | +2529.7% |
| Deferred charges and accrued income | 490/1 | €403 | €306 | -€97 | -24.1% |
| Total equity and liabilities | 10/49 | €514,989 | €469,502 | -€45,487 | -8.8% |
| Equity | 10/15 | -€287,040 | -€359,017 | -€71,977 | -25.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €41,443 | €41,443 | = | 0.0% |
| Distributable reserves | 133 | €41,443 | €41,443 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€336,543 | -€408,520 | -€71,977 | -21.4% |
| Amounts payable | 17/49 | €802,029 | €828,518 | +€26,490 | +3.3% |
| Amounts payable after more than one year | 17 | €695,625 | €688,125 | -€7,500 | -1.1% |
| Financial debts | 170/4 | €695,625 | €688,125 | -€7,500 | -1.1% |
| Amounts payable within one year | 42/48 | €106,404 | €140,393 | +€33,990 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | €7,500 | = | 0.0% |
| Trade debts | 44 | €49,962 | €57,867 | +€7,905 | +15.8% |
| Suppliers | 440/4 | €49,962 | €57,867 | +€7,905 | +15.8% |
| Other amounts payable | 47/48 | €48,942 | €75,027 | +€26,085 | +53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,107 | €56,443 | -€3,664 | -6.1% |
| Other operating charges | 640/8 | €1,613 | €1,185 | -€428 | -26.5% |
| Gross operating margin | 9900 | -€28,340 | -€13,551 | +€14,789 | +52.2% |
| Operating profit (loss) | 9901 | -€90,060 | -€71,180 | +€18,881 | +21.0% |
| Financial income | 75/76B | €14 | €10 | -€3 | -24.3% |
| Recurring financial income | 75 | €14 | €10 | -€3 | -24.3% |
| Financial charges | 65/66B | €889 | €808 | -€82 | -9.2% |
| Recurring financial charges | 65 | €889 | €808 | -€82 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€90,936 | -€71,977 | +€18,959 | +20.8% |
| Profit (loss) for the period | 9904 | -€90,936 | -€71,977 | +€18,959 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€90,936 | -€71,977 | +€18,959 | +20.8% |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.