Hapjes & Co: 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.
Hapjes & Co
Largest movements
- Receivables within one year -€14,743
down €14,743 (-58.4%), from €25,261 to €10,517
of which Trade receivables: -€14,765
- Cash +€12,487
up €12,487 (+9.2%), from €136,325 to €148,812
mainly Net result for the year (+€56,510) and Other debts (+€49,691)
- Intangible fixed assets -€11,158
down €11,158 (-100%), from €11,158 to €0
- Tangible fixed assets +€2,176
up €2,176 (+8.5%), from €25,505 to €27,681
of which Plant, machinery and equipment: +€6,202
- Other debts +€49,691
up €49,691 (+325%), from €15,287 to €64,979
- Debts after one year -€35,693
down €35,693 (-46.3%), from €77,011 to €41,318
- Trade debts -€19,509
down €19,509 (-73.1%), from €26,681 to €7,171
- Current portion of long-term debt -€17,720
down €17,720 (-33.2%), from €53,413 to €35,693
- Profit (loss) carried forward +€7,879
up €7,879, from -€7,879 to €0
- Staff costs -€7,933
down €7,933 (-5.5%), from €144,792 to €136,859
- Taxes +€5,805
up €5,805 (+4,161%), from €140 to €5,945
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 | €199,799 | €189,698 | -€10,100 | -5.1% |
| Fixed assets | 21/28 | €36,663 | €27,681 | -€8,982 | -24.5% |
| Intangible fixed assets | 21 | €11,158 | €0 | -€11,158 | -100% |
| Tangible fixed assets | 22/27 | €25,505 | €27,681 | +€2,176 | +8.5% |
| Land and buildings | 22 | €1,231 | €912 | -€319 | -25.9% |
| Plant, machinery and equipment | 23 | €10,776 | €16,978 | +€6,202 | +57.6% |
| Furniture and vehicles | 24 | €13,497 | €9,790 | -€3,707 | -27.5% |
| Current assets | 29/58 | €163,136 | €162,017 | -€1,119 | -0.7% |
| Stocks and contracts in progress | 3 | €1,550 | €2,687 | +€1,137 | +73.4% |
| Stocks | 30/36 | €1,550 | €2,687 | +€1,137 | +73.4% |
| Amounts receivable within one year | 40/41 | €25,261 | €10,517 | -€14,743 | -58.4% |
| Trade receivables | 40 | €14,765 | €0 | -€14,765 | -100% |
| Other amounts receivable | 41 | €10,496 | €10,517 | +€22 | +0.2% |
| Cash at bank and in hand | 54/58 | €136,325 | €148,812 | +€12,487 | +9.2% |
| Total equity and liabilities | 10/49 | €199,799 | €189,698 | -€10,100 | -5.1% |
| Equity | 10/15 | €12,581 | €20,460 | +€7,879 | +62.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,879 | €0 | +€7,879 | |
| Amounts payable | 17/49 | €187,217 | €169,238 | -€17,979 | -9.6% |
| Amounts payable after more than one year | 17 | €77,011 | €41,318 | -€35,693 | -46.3% |
| Financial debts | 170/4 | €77,011 | €41,318 | -€35,693 | -46.3% |
| Amounts payable within one year | 42/48 | €110,207 | €127,920 | +€17,714 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €53,413 | €35,693 | -€17,720 | -33.2% |
| Trade debts | 44 | €26,681 | €7,171 | -€19,509 | -73.1% |
| Suppliers | 440/4 | €26,681 | €7,171 | -€19,509 | -73.1% |
| Taxes, remuneration and social security | 45 | €14,825 | €20,077 | +€5,252 | +35.4% |
| Taxes | 450/3 | €3,575 | €6,337 | +€2,763 | +77.3% |
| Remuneration and social security | 454/9 | €11,251 | €13,740 | +€2,489 | +22.1% |
| Other amounts payable | 47/48 | €15,287 | €64,979 | +€49,691 | +325% |
| Remuneration, social security and pensions | 62 | €144,792 | €136,859 | -€7,933 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,103 | €21,282 | -€1,821 | -7.9% |
| Other operating charges | 640/8 | €1,443 | €1,635 | +€192 | +13.3% |
| Gross operating margin | 9900 | €224,862 | €226,919 | +€2,057 | +0.9% |
| Operating profit (loss) | 9901 | €55,524 | €67,143 | +€11,619 | +20.9% |
| Financial income | 75/76B | €111 | €28 | -€83 | -74.6% |
| Recurring financial income | 75 | €111 | €28 | -€83 | -74.6% |
| Financial charges | 65/66B | €5,820 | €4,716 | -€1,104 | -19.0% |
| Recurring financial charges | 65 | €5,820 | €4,716 | -€1,104 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €49,815 | €62,455 | +€12,640 | +25.4% |
| Income taxes | 67/77 | €140 | €5,945 | +€5,805 | +4,161% |
| Profit (loss) for the period | 9904 | €49,675 | €56,510 | +€6,835 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €49,675 | €56,510 | +€6,835 | +13.8% |
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 13 October 2026 via checked.be.