HDPG: 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.
HDPG
Largest movements
- Tangible fixed assets -€22,475
down €22,475 (-100.0%), from €22,475 to €0
- Receivables within one year +€17,785
up €17,785 (+1625.1%), from €1,094 to €18,880
of which Trade receivables: +€18,000
- Financial fixed assets -€3,800
down €3,800 (-100.0%), from €3,800 to €0
- Stocks and contracts -€2,275
down €2,275 (-100.0%), from €2,275 to €0
- Deferred charges and accrued income -€676
down €676 (-100.0%), from €676 to €0
- Accrued charges and deferred income -€9,731
down €9,731 (-91.4%), from €10,653 to €921
- Trade debts +€6,346
up €6,346 (+80.3%), from €7,898 to €14,244
- Short-term financial debts -€4,107
down €4,107 (-99.4%), from €4,133 to €26
- Tax, wage and social debts -€2,741
down €2,741 (-54.4%), from €5,041 to €2,300
- Profit (loss) carried forward -€1,484
down €1,484 (-6.5%), from -€22,812 to -€24,296
- Staff costs -€18,897
down €18,897 (-63.7%), from €29,672 to €10,775
- Gross operating margin +€5,136
up €5,136 (+57.7%), from €8,901 to €14,037
- Financial charges +€1,594
up €1,594 (+426.2%), from €374 to €1,968
- Depreciation -€1,320
down €1,320 (-100.0%), from €1,320 to €0
- Other operating charges +€183
up €183 (+52.6%), from €348 to €530
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 | €30,920 | €18,880 | -€12,041 | -38.9% |
| Fixed assets | 21/28 | €26,275 | €0 | -€26,275 | -100.0% |
| Tangible fixed assets | 22/27 | €22,475 | €0 | -€22,475 | -100.0% |
| Plant, machinery and equipment | 23 | €22,475 | €0 | -€22,475 | -100.0% |
| Financial fixed assets | 28 | €3,800 | €0 | -€3,800 | -100.0% |
| Current assets | 29/58 | €4,646 | €18,880 | +€14,234 | +306.4% |
| Stocks and contracts in progress | 3 | €2,275 | €0 | -€2,275 | -100.0% |
| Stocks | 30/36 | €2,275 | €0 | -€2,275 | -100.0% |
| Amounts receivable within one year | 40/41 | €1,094 | €18,880 | +€17,785 | +1625.1% |
| Trade receivables | 40 | - | €18,000 | +€18,000 | |
| Other amounts receivable | 41 | €1,094 | €880 | -€215 | -19.6% |
| Cash at bank and in hand | 54/58 | €601 | €0 | -€601 | -100.0% |
| Deferred charges and accrued income | 490/1 | €676 | €0 | -€676 | -100.0% |
| Total equity and liabilities | 10/49 | €30,920 | €18,880 | -€12,041 | -38.9% |
| Equity | 10/15 | -€12,812 | -€14,296 | -€1,484 | -11.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,812 | -€24,296 | -€1,484 | -6.5% |
| Amounts payable | 17/49 | €43,732 | €33,176 | -€10,556 | -24.1% |
| Amounts payable within one year | 42/48 | €33,080 | €32,255 | -€825 | -2.5% |
| Financial debts | 43 | €4,133 | €26 | -€4,107 | -99.4% |
| Credit institutions | 430/8 | €4,133 | €26 | -€4,107 | -99.4% |
| Trade debts | 44 | €7,898 | €14,244 | +€6,346 | +80.3% |
| Suppliers | 440/4 | €7,898 | €14,244 | +€6,346 | +80.3% |
| Taxes, remuneration and social security | 45 | €5,041 | €2,300 | -€2,741 | -54.4% |
| Taxes | 450/3 | €5,041 | €2,300 | -€2,741 | -54.4% |
| Other amounts payable | 47/48 | €16,008 | €15,684 | -€323 | -2.0% |
| Accrued charges and deferred income | 492/3 | €10,653 | €921 | -€9,731 | -91.4% |
| Remuneration, social security and pensions | 62 | €29,672 | €10,775 | -€18,897 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,320 | €0 | -€1,320 | -100.0% |
| Other operating charges | 640/8 | €348 | €530 | +€183 | +52.6% |
| Non-recurring operating charges | 66A | - | €2,263 | +€2,263 | |
| Gross operating margin | 9900 | €8,901 | €14,037 | +€5,136 | +57.7% |
| Operating profit (loss) | 9901 | -€22,438 | €470 | +€22,908 | |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €374 | €1,968 | +€1,594 | +426.2% |
| Recurring financial charges | 65 | €374 | €1,968 | +€1,594 | +426.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,812 | -€1,484 | +€21,328 | +93.5% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€22,812 | -€1,484 | +€21,328 | +93.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,812 | -€1,484 | +€21,328 | +93.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.