HBPJ: what changed
Two fiscal 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.
HBPJ
Largest movements
- Cash -€8,334
down €8,334 (-44.1%), from €18,916 to €10,582
mainly Net result for the year (-€14,786) and Other debts (-€2,132)
- Receivables within one year -€3,680
down €3,680 (-52.4%), from €7,018 to €3,339
of which Trade receivables: -€4,229
- Intangible fixed assets -€2,926
down €2,926 (-13.3%), from €21,946 to €19,019
- Stocks and contracts +€1,146
up €1,146 (+23.4%), from €4,895 to €6,041
- Tangible fixed assets -€791
down €791 (-40.8%), from €1,939 to €1,148
- Profit (loss) carried forward -€14,786
down €14,786 (-65.1%), from €22,710 to €7,924
- Other debts -€2,132
down €2,132 (-8.7%), from €24,488 to €22,356
- Trade debts +€1,226
up €1,226 (+55.8%), from €2,196 to €3,422
- Tax, wage and social debts +€1,193
up €1,193 (+20.9%), from €5,719 to €6,912
of which Taxes: +€980
- Gross operating margin -€27,348
down €27,348, from €16,601 to -€10,747
- Staff costs -€2,413
no longer reported in 2024 (was €2,413)
- Taxes -€2,014
no longer reported in 2024 (was €2,014)
- Other operating charges -€178
down €178 (-57.8%), from €308 to €130
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,113 | €45,614 | -€14,500 | -24.1% |
| Fixed assets | 21/28 | €29,284 | €25,568 | -€3,717 | -12.7% |
| Intangible fixed assets | 21 | €21,946 | €19,019 | -€2,926 | -13.3% |
| Tangible fixed assets | 22/27 | €1,939 | €1,148 | -€791 | -40.8% |
| Furniture and vehicles | 24 | €1,939 | €1,148 | -€791 | -40.8% |
| Financial fixed assets | 28 | €5,400 | €5,400 | = | 0.0% |
| Current assets | 29/58 | €30,829 | €20,046 | -€10,783 | -35.0% |
| Stocks and contracts in progress | 3 | €4,895 | €6,041 | +€1,146 | +23.4% |
| Stocks | 30/36 | €4,895 | €6,041 | +€1,146 | +23.4% |
| Amounts receivable within one year | 40/41 | €7,018 | €3,339 | -€3,680 | -52.4% |
| Trade receivables | 40 | €4,309 | €80 | -€4,229 | -98.2% |
| Other amounts receivable | 41 | €2,709 | €3,259 | +€550 | +20.3% |
| Cash at bank and in hand | 54/58 | €18,916 | €10,582 | -€8,334 | -44.1% |
| Deferred charges and accrued income | 490/1 | - | €85 | +€85 | |
| Total equity and liabilities | 10/49 | €60,113 | €45,614 | -€14,500 | -24.1% |
| Equity | 10/15 | €27,710 | €12,924 | -€14,786 | -53.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,710 | €7,924 | -€14,786 | -65.1% |
| Amounts payable | 17/49 | €32,404 | €32,690 | +€286 | +0.9% |
| Amounts payable within one year | 42/48 | €32,404 | €32,690 | +€286 | +0.9% |
| Trade debts | 44 | €2,196 | €3,422 | +€1,226 | +55.8% |
| Suppliers | 440/4 | €2,196 | €3,422 | +€1,226 | +55.8% |
| Taxes, remuneration and social security | 45 | €5,719 | €6,912 | +€1,193 | +20.9% |
| Taxes | 450/3 | €5,419 | €6,399 | +€980 | +18.1% |
| Remuneration and social security | 454/9 | €300 | €513 | +€213 | +71.0% |
| Other amounts payable | 47/48 | €24,488 | €22,356 | -€2,132 | -8.7% |
| Remuneration, social security and pensions | 62 | €2,413 | - | -€2,413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,717 | €3,717 | = | 0.0% |
| Other operating charges | 640/8 | €308 | €130 | -€178 | -57.8% |
| Gross operating margin | 9900 | €16,601 | -€10,747 | -€27,348 | |
| Operating profit (loss) | 9901 | €10,163 | -€14,594 | -€24,758 | |
| Financial income | 75/76B | €40 | - | -€40 | |
| Recurring financial income | 75 | €40 | - | -€40 | |
| Financial charges | 65/66B | €169 | €192 | +€23 | +13.8% |
| Recurring financial charges | 65 | €169 | €192 | +€23 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €10,035 | -€14,786 | -€24,821 | |
| Income taxes | 67/77 | €2,014 | - | -€2,014 | |
| Profit (loss) for the period | 9904 | €8,021 | -€14,786 | -€22,807 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,021 | -€14,786 | -€22,807 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.