HOBESC: 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.
HOBESC
Largest movements
- Receivables within one year +€4,104
up €4,104 (+66.6%), from €6,163 to €10,267
of which Trade receivables: +€2,104
- Tangible fixed assets +€1,965
new in 2025: €1,965
- Cash -€1,021
down €1,021 (-84.2%), from €1,212 to €191
mainly Other debts (-€12,786) and Receivables within one year (-€4,104)
- Profit (loss) carried forward +€18,281
up €18,281, from -€10,112 to €8,169
- Other debts -€12,786
down €12,786 (-93.9%), from €13,612 to €826
- Financial income +€20,029
new in 2025: €20,029
- Gross operating margin -€1,521
down €1,521, from €649 to -€872
- Depreciation +€235
new in 2025: €235
- Other operating charges +€155
up €155 (+40.0%), from €387 to €542
- Financial charges -€16
down €16 (-13.5%), from €115 to €100
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 | €57,375 | €62,880 | +€5,506 | +9.6% |
| Fixed assets | 21/28 | €50,000 | €51,965 | +€1,965 | +3.9% |
| Tangible fixed assets | 22/27 | - | €1,965 | +€1,965 | |
| Furniture and vehicles | 24 | - | €1,965 | +€1,965 | |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €7,375 | €10,915 | +€3,540 | +48.0% |
| Amounts receivable within one year | 40/41 | €6,163 | €10,267 | +€4,104 | +66.6% |
| Trade receivables | 40 | - | €2,104 | +€2,104 | |
| Other amounts receivable | 41 | €6,163 | €8,163 | +€2,000 | +32.5% |
| Cash at bank and in hand | 54/58 | €1,212 | €191 | -€1,021 | -84.2% |
| Deferred charges and accrued income | 490/1 | - | €457 | +€457 | |
| Total equity and liabilities | 10/49 | €57,375 | €62,880 | +€5,506 | +9.6% |
| Equity | 10/15 | €43,388 | €61,669 | +€18,281 | +42.1% |
| Contributions | 10/11 | €53,500 | €53,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,112 | €8,169 | +€18,281 | |
| Amounts payable | 17/49 | €13,986 | €1,211 | -€12,775 | -91.3% |
| Amounts payable within one year | 42/48 | €13,986 | €1,211 | -€12,775 | -91.3% |
| Trade debts | 44 | €375 | €385 | +€11 | +2.9% |
| Suppliers | 440/4 | €375 | €385 | +€11 | +2.9% |
| Other amounts payable | 47/48 | €13,612 | €826 | -€12,786 | -93.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €235 | +€235 | |
| Other operating charges | 640/8 | €387 | €542 | +€155 | +40.0% |
| Gross operating margin | 9900 | €649 | -€872 | -€1,521 | |
| Operating profit (loss) | 9901 | €262 | -€1,648 | -€1,910 | |
| Financial income | 75/76B | - | €20,029 | +€20,029 | |
| Recurring financial income | 75 | - | €20,029 | +€20,029 | |
| Financial charges | 65/66B | €115 | €100 | -€16 | -13.5% |
| Recurring financial charges | 65 | €115 | €100 | -€16 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €146 | €18,281 | +€18,135 | +12,387% |
| Profit (loss) for the period | 9904 | €146 | €18,281 | +€18,135 | +12,387% |
| Profit (loss) for the period to be appropriated | 9905 | €146 | €18,281 | +€18,135 | +12,387% |
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 22 October 2026 via checked.be.