HHP: 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.
HHP
Largest movements
- Cash -€9,872
down €9,872 (-16.7%), from €59,031 to €49,158
mainly Other debts (-€4,611) and Net result for the year (-€3,692)
- Other debts -€4,611
down €4,611 (-97.9%), from €4,711 to €100
- Profit (loss) carried forward -€3,692
down €3,692 (-1.5%), from -€242,846 to -€246,539
- Gross operating margin -€3,683
down €3,683 (-25.2%), from €14,613 to €10,930
- Depreciation +€616
up €616 (+170%), from €363 to €978
- Staff costs -€264
down €264 (-2.6%), from €10,183 to €9,919
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 | €362,614 | €354,128 | -€8,486 | -2.3% |
| Fixed assets | 21/28 | €303,483 | €304,667 | +€1,184 | +0.4% |
| Tangible fixed assets | 22/27 | €303,383 | €304,567 | +€1,184 | +0.4% |
| Land and buildings | 22 | €302,029 | €302,029 | = | 0.0% |
| Furniture and vehicles | 24 | €1,354 | €2,538 | +€1,184 | +87.4% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €59,131 | €49,461 | -€9,670 | -16.4% |
| Amounts receivable within one year | 40/41 | €100 | €303 | +€203 | +203% |
| Trade receivables | 40 | - | €303 | +€303 | |
| Other amounts receivable | 41 | €100 | €0 | -€100 | -100% |
| Cash at bank and in hand | 54/58 | €59,031 | €49,158 | -€9,872 | -16.7% |
| Total equity and liabilities | 10/49 | €362,614 | €354,128 | -€8,486 | -2.3% |
| Equity | 10/15 | €357,154 | €353,461 | -€3,692 | -1.0% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€242,846 | -€246,539 | -€3,692 | -1.5% |
| Amounts payable | 17/49 | €5,461 | €667 | -€4,794 | -87.8% |
| Amounts payable within one year | 42/48 | €5,461 | €667 | -€4,794 | -87.8% |
| Trade debts | 44 | €749 | €567 | -€183 | -24.4% |
| Suppliers | 440/4 | €749 | €567 | -€183 | -24.4% |
| Other amounts payable | 47/48 | €4,711 | €100 | -€4,611 | -97.9% |
| Remuneration, social security and pensions | 62 | €10,183 | €9,919 | -€264 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €363 | €978 | +€616 | +170% |
| Other operating charges | 640/8 | €3,705 | €3,691 | -€14 | -0.4% |
| Gross operating margin | 9900 | €14,613 | €10,930 | -€3,683 | -25.2% |
| Operating profit (loss) | 9901 | €362 | -€3,659 | -€4,021 | |
| Financial income | 75/76B | €208 | €212 | +€4 | +1.9% |
| Recurring financial income | 75 | €208 | €212 | +€4 | +1.9% |
| Financial charges | 65/66B | €227 | €195 | -€32 | -14.2% |
| Recurring financial charges | 65 | €227 | €195 | -€32 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €343 | -€3,642 | -€3,985 | |
| Income taxes | 67/77 | €45 | €50 | +€5 | +11.0% |
| Profit (loss) for the period | 9904 | €298 | -€3,692 | -€3,990 | |
| Profit (loss) for the period to be appropriated | 9905 | €298 | -€3,692 | -€3,990 |
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 15 October 2026 via checked.be.