H.P. Enterprise: 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
H.P. Enterprise
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€27,871
2024 · €10,798+€17,073
Equity
€42,668
2024 · €14,798+€27,871
Cash
€42,699
2024 · €21,010+€21,688
Balance sheet total
€62,798
2024 · €24,642+€38,157
Largest movements
Assets
- Cash +€21,688
up €21,688 (+103%), from €21,010 to €42,699
mainly Net result for the year (+€27,871) and Tax, wage and social debts (+€13,055)
- Receivables within one year +€14,790
up €14,790, from €0 to €14,790
of which Trade receivables: +€14,790
- Deferred charges and accrued income +€2,409
up €2,409 (+196%), from €1,227 to €3,636
Equity and liabilities
- Reserves +€27,871
up €27,871 (+258%), from €10,798 to €38,668
of which Distributable reserves: +€27,871
- Tax, wage and social debts +€13,055
up €13,055 (+271%), from €4,821 to €17,876
of which Taxes: +€13,976
- Other debts -€4,295
down €4,295 (-87.9%), from €4,889 to €594
- Trade debts +€1,526
up €1,526 (+1,138%), from €134 to €1,660
of which Suppliers: +€1,526
Income statement
- Turnover -€39,520
no longer reported in 2025 (was €39,520)
- Purchases and services -€26,628
no longer reported in 2025 (was €26,628)
- Gross operating margin +€23,496
up €23,496 (+167%), from €14,079 to €37,575
- Taxes +€5,196
up €5,196 (+170%), from €3,050 to €8,246
- Depreciation +€541
up €541 (+285%), from €190 to €731
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
€10,798
Gross operating margin
+€23,496
Depreciation
-€541
Other operating charges
-€530
Financial income
+€25
Financial charges
-€181
Taxes
-€5,196
Result 2025
€27,871
raises the resultlowers the result
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
+€21,688
Investment
€0
Financing
€0
Cash 2024
€21,010
From operations (derived)
+€21,688
Net result for the year
+€27,871
Depreciation
+€731
Receivables within one year
-€14,790
Deferred charges and accrued income
-€2,409
Trade debts
+€1,526
Tax, wage and social debts
+€13,055
Other debts
-€4,295
Cash 2025
€42,699
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,642 | €62,798 | +€38,157 | +155% |
| Formation expenses | 20 | €869 | €540 | -€329 | -37.9% |
| Fixed assets | 21/28 | €1,536 | €1,134 | -€402 | -26.2% |
| Tangible fixed assets | 22/27 | €1,536 | €1,134 | -€402 | -26.2% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,536 | €1,134 | -€402 | -26.2% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €22,237 | €61,125 | +€38,888 | +175% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €0 | €14,790 | +€14,790 | |
| Trade receivables | 40 | €0 | €14,790 | +€14,790 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €21,010 | €42,699 | +€21,688 | +103% |
| Deferred charges and accrued income | 490/1 | €1,227 | €3,636 | +€2,409 | +196% |
| Total equity and liabilities | 10/49 | €24,642 | €62,798 | +€38,157 | +155% |
| Equity | 10/15 | €14,798 | €42,668 | +€27,871 | +188% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | - | -€4,000 | |
| Issued capital | 100 | €4,000 | - | -€4,000 | |
| Uncalled capital | 101 | €0 | - | = | |
| Contributions outside capital | 11 | €0 | - | = | |
| Share premium | 1100/10 | €0 | - | = | |
| Other | 1109/19 | €0 | - | = | |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €10,798 | €38,668 | +€27,871 | +258% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Legal reserve | 130 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Own shares acquired | 1312 | €0 | - | = | |
| Financial assistance | 1313 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €10,798 | €38,668 | +€27,871 | +258% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €0 | - | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €9,844 | €20,130 | +€10,286 | +104% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Trade debts | 175 | €0 | - | = | |
| Advances received on contracts in progress | 176 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €9,844 | €20,130 | +€10,286 | +104% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €134 | €1,660 | +€1,526 | +1,138% |
| Suppliers | 440/4 | €134 | €1,660 | +€1,526 | +1,138% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,821 | €17,876 | +€13,055 | +271% |
| Taxes | 450/3 | €3,900 | €17,876 | +€13,976 | +358% |
| Remuneration and social security | 454/9 | €921 | - | -€921 | |
| Other amounts payable | 47/48 | €4,889 | €594 | -€4,295 | -87.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €39,520 | - | -€39,520 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €26,628 | - | -€26,628 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190 | €731 | +€541 | +285% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €0 | €530 | +€530 | |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €14,079 | €37,575 | +€23,496 | +167% |
| Operating profit (loss) | 9901 | €13,889 | €36,314 | +€22,425 | +161% |
| Financial income | 75/76B | €0 | €25 | +€25 | |
| Recurring financial income | 75 | €0 | €25 | +€25 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €41 | €222 | +€181 | +441% |
| Recurring financial charges | 65 | €41 | €222 | +€181 | +441% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €13,848 | €36,117 | +€22,269 | +161% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €3,050 | €8,246 | +€5,196 | +170% |
| Profit (loss) for the period | 9904 | €10,798 | €27,871 | +€17,073 | +158% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €10,798 | €27,871 | +€17,073 | +158% |
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 19 October 2026 via checked.be.