HAPSTORE: 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.
HAPSTORE
Largest movements
- Tangible fixed assets -€6,370
down €6,370 (-10.3%), from €61,894 to €55,524
of which Leasing and similar rights: -€5,113
- Receivables within one year -€5,181
down €5,181 (-69.8%), from €7,418 to €2,237
of which Trade receivables: -€3,490
- Cash +€2,131
up €2,131 (+16.3%), from €13,056 to €15,187
mainly Depreciation (+€6,370) and Receivables within one year (+€5,181)
- Debts after one year -€4,000
down €4,000 (-16.6%), from €24,105 to €20,105
- Trade debts -€3,541
down €3,541 (-30.4%), from €11,640 to €8,099
- Reserves +€1,221
up €1,221 (+9.7%), from €12,529 to €13,750
- Other debts -€1,169
down €1,169 (-6.6%), from €17,762 to €16,593
- Tax, wage and social debts -€1,061
down €1,061 (-19.6%), from €5,412 to €4,350
of which Taxes: -€1,090
- Gross operating margin -€4,918
down €4,918 (-23.1%), from €21,248 to €16,330
- Staff costs -€2,028
down €2,028 (-87.9%), from €2,307 to €279
- Taxes -€1,139
down €1,139 (-60.1%), from €1,895 to €756
- Financial income +€574
up €574 (+3345.0%), from €17 to €591
- Depreciation +€371
up €371 (+6.2%), from €5,999 to €6,370
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 | €95,265 | €86,615 | -€8,650 | -9.1% |
| Fixed assets | 21/28 | €61,894 | €55,524 | -€6,370 | -10.3% |
| Tangible fixed assets | 22/27 | €61,894 | €55,524 | -€6,370 | -10.3% |
| Plant, machinery and equipment | 23 | €6,300 | €5,467 | -€833 | -13.2% |
| Furniture and vehicles | 24 | €3,657 | €3,233 | -€424 | -11.6% |
| Leasing and similar rights | 25 | €51,936 | €46,823 | -€5,113 | -9.8% |
| Current assets | 29/58 | €33,371 | €31,091 | -€2,280 | -6.8% |
| Stocks and contracts in progress | 3 | €12,852 | €13,364 | +€512 | +4.0% |
| Stocks | 30/36 | €12,852 | €13,364 | +€512 | +4.0% |
| Amounts receivable within one year | 40/41 | €7,418 | €2,237 | -€5,181 | -69.8% |
| Trade receivables | 40 | €4,393 | €903 | -€3,490 | -79.5% |
| Other amounts receivable | 41 | €3,026 | €1,335 | -€1,691 | -55.9% |
| Cash at bank and in hand | 54/58 | €13,056 | €15,187 | +€2,131 | +16.3% |
| Deferred charges and accrued income | 490/1 | €45 | €303 | +€258 | +573.7% |
| Total equity and liabilities | 10/49 | €95,265 | €86,615 | -€8,650 | -9.1% |
| Equity | 10/15 | €31,129 | €32,350 | +€1,221 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,529 | €13,750 | +€1,221 | +9.7% |
| Distributable reserves | 133 | €12,529 | €13,750 | +€1,221 | +9.7% |
| Amounts payable | 17/49 | €64,136 | €54,265 | -€9,871 | -15.4% |
| Amounts payable after more than one year | 17 | €24,105 | €20,105 | -€4,000 | -16.6% |
| Financial debts | 170/4 | €24,105 | €20,105 | -€4,000 | -16.6% |
| Amounts payable within one year | 42/48 | €38,686 | €33,043 | -€5,643 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €3,872 | €4,000 | +€129 | +3.3% |
| Trade debts | 44 | €11,640 | €8,099 | -€3,541 | -30.4% |
| Suppliers | 440/4 | €11,640 | €8,099 | -€3,541 | -30.4% |
| Taxes, remuneration and social security | 45 | €5,412 | €4,350 | -€1,061 | -19.6% |
| Taxes | 450/3 | €2,429 | €1,339 | -€1,090 | -44.9% |
| Remuneration and social security | 454/9 | €2,983 | €3,012 | +€28 | +0.9% |
| Other amounts payable | 47/48 | €17,762 | €16,593 | -€1,169 | -6.6% |
| Accrued charges and deferred income | 492/3 | €1,345 | €1,118 | -€227 | -16.9% |
| Remuneration, social security and pensions | 62 | €2,307 | €279 | -€2,028 | -87.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,999 | €6,370 | +€371 | +6.2% |
| Other operating charges | 640/8 | €2,271 | €2,337 | +€65 | +2.9% |
| Non-recurring operating charges | 66A | - | €2,142 | +€2,142 | |
| Gross operating margin | 9900 | €21,248 | €16,330 | -€4,918 | -23.1% |
| Operating profit (loss) | 9901 | €10,670 | €5,203 | -€5,467 | -51.2% |
| Financial income | 75/76B | €17 | €591 | +€574 | +3345.0% |
| Recurring financial income | 75 | €17 | €591 | +€574 | +3345.0% |
| Financial charges | 65/66B | €3,919 | €3,817 | -€102 | -2.6% |
| Recurring financial charges | 65 | €3,919 | €3,817 | -€102 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €6,768 | €1,977 | -€4,791 | -70.8% |
| Income taxes | 67/77 | €1,895 | €756 | -€1,139 | -60.1% |
| Profit (loss) for the period | 9904 | €4,873 | €1,221 | -€3,652 | -74.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,873 | €1,221 | -€3,652 | -74.9% |
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 10 October 2026 via checked.be.