HiPix!: 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.
HiPix!
Largest movements
- Receivables within one year +€71,725
up €71,725 (+460%), from €15,585 to €87,310
of which Trade receivables: +€73,798
- Cash -€41,049
down €41,049 (-90.1%), from €45,572 to €4,523
mainly Receivables within one year (-€71,725) and Tax, wage and social debts (-€2,645)
- Intangible fixed assets -€6,000
down €6,000 (-14.3%), from €42,000 to €36,000
- Deferred charges and accrued income +€1,992
up €1,992 (+103%), from €1,944 to €3,936
- Reserves +€27,346
up €27,346 (+32.4%), from €84,531 to €111,877
- Tax, wage and social debts -€2,645
down €2,645 (-15.5%), from €17,067 to €14,422
- Other debts +€2,477
up €2,477 (+133%), from €1,856 to €4,334
- Gross operating margin -€21,857
down €21,857 (-31.4%), from €69,550 to €47,693
- Taxes -€5,652
down €5,652 (-33.1%), from €17,053 to €11,401
- Financial charges +€1,042
up €1,042 (+256%), from €407 to €1,449
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 | €105,977 | €133,560 | +€27,583 | +26.0% |
| Fixed assets | 21/28 | €42,876 | €37,791 | -€5,085 | -11.9% |
| Intangible fixed assets | 21 | €42,000 | €36,000 | -€6,000 | -14.3% |
| Tangible fixed assets | 22/27 | €876 | €1,791 | +€915 | +104% |
| Furniture and vehicles | 24 | €876 | €1,791 | +€915 | +104% |
| Current assets | 29/58 | €63,101 | €95,769 | +€32,668 | +51.8% |
| Amounts receivable within one year | 40/41 | €15,585 | €87,310 | +€71,725 | +460% |
| Trade receivables | 40 | €13,421 | €87,219 | +€73,798 | +550% |
| Other amounts receivable | 41 | €2,165 | €91 | -€2,074 | -95.8% |
| Cash at bank and in hand | 54/58 | €45,572 | €4,523 | -€41,049 | -90.1% |
| Deferred charges and accrued income | 490/1 | €1,944 | €3,936 | +€1,992 | +103% |
| Total equity and liabilities | 10/49 | €105,977 | €133,560 | +€27,583 | +26.0% |
| Equity | 10/15 | €85,531 | €112,877 | +€27,346 | +32.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €84,531 | €111,877 | +€27,346 | +32.4% |
| Distributable reserves | 133 | €84,531 | €111,877 | +€27,346 | +32.4% |
| Amounts payable | 17/49 | €20,446 | €20,683 | +€237 | +1.2% |
| Amounts payable within one year | 42/48 | €20,446 | €20,683 | +€237 | +1.2% |
| Trade debts | 44 | €1,523 | €1,928 | +€405 | +26.6% |
| Suppliers | 440/4 | €1,523 | €1,928 | +€405 | +26.6% |
| Taxes, remuneration and social security | 45 | €17,067 | €14,422 | -€2,645 | -15.5% |
| Taxes | 450/3 | €17,067 | €14,422 | -€2,645 | -15.5% |
| Other amounts payable | 47/48 | €1,856 | €4,334 | +€2,477 | +133% |
| Remuneration, social security and pensions | 62 | €950 | €974 | +€25 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,566 | €6,590 | +€24 | +0.4% |
| Other operating charges | 640/8 | €140 | €126 | -€14 | -10.0% |
| Gross operating margin | 9900 | €69,550 | €47,693 | -€21,857 | -31.4% |
| Operating profit (loss) | 9901 | €61,894 | €40,003 | -€21,891 | -35.4% |
| Financial income | 75/76B | €356 | €194 | -€162 | -45.4% |
| Recurring financial income | 75 | €356 | €194 | -€162 | -45.4% |
| Financial charges | 65/66B | €407 | €1,449 | +€1,042 | +256% |
| Recurring financial charges | 65 | €407 | €1,449 | +€1,042 | +256% |
| Profit (loss) for the period before taxes | 9903 | €61,842 | €38,748 | -€23,095 | -37.3% |
| Income taxes | 67/77 | €17,053 | €11,401 | -€5,652 | -33.1% |
| Profit (loss) for the period | 9904 | €44,789 | €27,346 | -€17,443 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,789 | €27,346 | -€17,443 | -38.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.