hippo architecten: what changed
hippo architecten
Largest movements
- Tangible fixed assets -€14,184
down €14,184 (-21.4%), from €66,156 to €51,971
of which Furniture and vehicles: -€11,525
- Cash -€6,729
down €6,729 (-8.4%), from €79,903 to €73,174
mainly Trade debts (-€37,200) and Receivables within one year (-€6,330)
- Receivables within one year +€6,330
up €6,330 (+10.9%), from €58,045 to €64,375
of which Trade receivables: +€20,603
- Deferred charges and accrued income -€5,845
down €5,845 (-26.9%), from €21,737 to €15,891
- Trade debts -€37,200
down €37,200 (-75.9%), from €48,981 to €11,781
- Reserves +€15,790
up €15,790 (+9.5%), from €165,697 to €181,487
- Gross operating margin -€34,037
down €34,037 (-45.9%), from €74,125 to €40,088
- Taxes -€12,586
down €12,586 (-60.1%), from €20,958 to €8,371
- Depreciation +€7,588
up €7,588 (+107%), from €7,091 to €14,678
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €247,351 | €226,922 | -€20,428 | -8.3% |
| Fixed assets | 21/28 | €87,666 | €73,481 | -€14,184 | -16.2% |
| Tangible fixed assets | 22/27 | €66,156 | €51,971 | -€14,184 | -21.4% |
| Land and buildings | 22 | €14,910 | €12,611 | -€2,300 | -15.4% |
| Plant, machinery and equipment | 23 | €381 | €22 | -€359 | -94.3% |
| Furniture and vehicles | 24 | €50,864 | €39,339 | -€11,525 | -22.7% |
| Financial fixed assets | 28 | €21,510 | €21,510 | = | 0.0% |
| Current assets | 29/58 | €159,685 | €153,441 | -€6,244 | -3.9% |
| Amounts receivable within one year | 40/41 | €58,045 | €64,375 | +€6,330 | +10.9% |
| Trade receivables | 40 | €33,101 | €53,704 | +€20,603 | +62.2% |
| Other amounts receivable | 41 | €24,944 | €10,671 | -€14,273 | -57.2% |
| Cash at bank and in hand | 54/58 | €79,903 | €73,174 | -€6,729 | -8.4% |
| Deferred charges and accrued income | 490/1 | €21,737 | €15,891 | -€5,845 | -26.9% |
| Total equity and liabilities | 10/49 | €247,351 | €226,922 | -€20,428 | -8.3% |
| Equity | 10/15 | €178,097 | €193,887 | +€15,790 | +8.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €165,697 | €181,487 | +€15,790 | +9.5% |
| Distributable reserves | 133 | €165,697 | €181,487 | +€15,790 | +9.5% |
| Amounts payable | 17/49 | €69,253 | €33,035 | -€36,218 | -52.3% |
| Amounts payable within one year | 42/48 | €69,253 | €33,035 | -€36,218 | -52.3% |
| Trade debts | 44 | €48,981 | €11,781 | -€37,200 | -75.9% |
| Suppliers | 440/4 | €48,981 | €11,781 | -€37,200 | -75.9% |
| Taxes, remuneration and social security | 45 | €1,250 | €3,160 | +€1,910 | +153% |
| Taxes | 450/3 | - | €1,910 | +€1,910 | |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €19,022 | €18,094 | -€928 | -4.9% |
| Non-recurring operating income | 76A | €6,161 | - | -€6,161 | |
| Remuneration, social security and pensions | 62 | €423 | - | -€423 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,091 | €14,678 | +€7,588 | +107% |
| Other operating charges | 640/8 | €1,305 | €820 | -€485 | -37.2% |
| Gross operating margin | 9900 | €74,125 | €40,088 | -€34,037 | -45.9% |
| Operating profit (loss) | 9901 | €65,307 | €24,590 | -€40,717 | -62.3% |
| Financial income | 75/76B | €1 | €0 | -€0 | -86.5% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -86.5% |
| Financial charges | 65/66B | €650 | €429 | -€221 | -34.0% |
| Recurring financial charges | 65 | €650 | €429 | -€221 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €64,657 | €24,161 | -€40,496 | -62.6% |
| Income taxes | 67/77 | €20,958 | €8,371 | -€12,586 | -60.1% |
| Profit (loss) for the period | 9904 | €43,700 | €15,790 | -€27,910 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,700 | €15,790 | -€27,910 | -63.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.