HIPPO CAPSA: 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.
HIPPO CAPSA
Largest movements
- Stocks and contracts -€211,528
no longer reported in 2025 (was €211,528)
- Cash +€54,040
up €54,040 (+121.4%), from €44,529 to €98,570
mainly Stocks and contracts (+€211,528) and Depreciation (+€48,333)
- Tangible fixed assets -€48,333
down €48,333 (-3.4%), from €1.4m to €1.4m
- Other debts -€135,000
down €135,000 (-92.0%), from €146,800 to €11,800
- Short-term financial debts -€43,500
down €43,500 (-12.5%), from €348,870 to €305,370
- Debts after one year -€31,475
down €31,475 (-21.6%), from €145,795 to €114,320
- Gross operating margin -€157,914
down €157,914 (-63.9%), from €247,006 to €89,092
- Financial charges -€25,757
down €25,757 (-59.4%), from €43,393 to €17,636
of which Financial charges: -€21,619
- Taxes -€13,524
down €13,524 (-65.0%), from €20,812 to €7,288
- Financial income +€4,865
up €4,865 (+7784.7%), from €62 to €4,927
of which Financial income: +€4,065
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.
Cash bridge derived
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 | €1,692,318 | €1,485,894 | -€206,424 | -12.2% |
| Fixed assets | 21/28 | €1,418,310 | €1,369,977 | -€48,333 | -3.4% |
| Tangible fixed assets | 22/27 | €1,418,310 | €1,369,977 | -€48,333 | -3.4% |
| Land and buildings | 22 | €1,418,310 | €1,369,977 | -€48,333 | -3.4% |
| Current assets | 29/58 | €274,008 | €115,917 | -€158,091 | -57.7% |
| Stocks and contracts in progress | 3 | €211,528 | - | -€211,528 | |
| Stocks | 30/36 | €211,528 | - | -€211,528 | |
| Amounts receivable within one year | 40/41 | €10,682 | €9,248 | -€1,434 | -13.4% |
| Trade receivables | 40 | €3,367 | €1,978 | -€1,389 | -41.3% |
| Other amounts receivable | 41 | €7,315 | €7,270 | -€45 | -0.6% |
| Cash at bank and in hand | 54/58 | €44,529 | €98,570 | +€54,040 | +121.4% |
| Deferred charges and accrued income | 490/1 | €7,269 | €8,099 | +€830 | +11.4% |
| Total equity and liabilities | 10/49 | €1,692,318 | €1,485,894 | -€206,424 | -12.2% |
| Equity | 10/15 | €992,001 | €1,006,865 | +€14,864 | +1.5% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Capital | 10 | €900,000 | €900,000 | = | 0.0% |
| Issued capital | 100 | €900,000 | €900,000 | = | 0.0% |
| Reserves | 13 | €171,008 | €185,608 | +€14,600 | +8.5% |
| Non-distributable reserves | 130/1 | €47,000 | €48,700 | +€1,700 | +3.6% |
| Legal reserve | 130 | €47,000 | €48,700 | +€1,700 | +3.6% |
| Distributable reserves | 133 | €124,008 | €136,908 | +€12,900 | +10.4% |
| Profit (loss) carried forward | 14 | -€79,007 | -€78,743 | +€264 | +0.3% |
| Amounts payable | 17/49 | €700,317 | €479,029 | -€221,288 | -31.6% |
| Amounts payable after more than one year | 17 | €145,795 | €114,320 | -€31,475 | -21.6% |
| Financial debts | 170/4 | €145,795 | €114,320 | -€31,475 | -21.6% |
| Amounts payable within one year | 42/48 | €547,315 | €359,251 | -€188,065 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €30,567 | €31,443 | +€876 | +2.9% |
| Financial debts | 43 | €348,870 | €305,370 | -€43,500 | -12.5% |
| Credit institutions | 430/8 | €348,870 | €305,370 | -€43,500 | -12.5% |
| Trade debts | 44 | €267 | €3,778 | +€3,511 | +1316.4% |
| Suppliers | 440/4 | €267 | €3,778 | +€3,511 | +1316.4% |
| Taxes, remuneration and social security | 45 | €20,812 | €6,860 | -€13,952 | -67.0% |
| Taxes | 450/3 | €20,812 | €6,860 | -€13,952 | -67.0% |
| Other amounts payable | 47/48 | €146,800 | €11,800 | -€135,000 | -92.0% |
| Accrued charges and deferred income | 492/3 | €7,206 | €5,458 | -€1,748 | -24.3% |
| Non-recurring operating income | 76A | €150,782 | - | -€150,782 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,333 | €48,333 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,800 | - | -€1,800 | |
| Other operating charges | 640/8 | €5,307 | €5,900 | +€592 | +11.2% |
| Gross operating margin | 9900 | €247,006 | €89,092 | -€157,914 | -63.9% |
| Operating profit (loss) | 9901 | €191,566 | €34,860 | -€156,706 | -81.8% |
| Financial income | 75/76B | €62 | €4,927 | +€4,865 | +7784.7% |
| Recurring financial income | 75 | €62 | €4,127 | +€4,065 | +6504.5% |
| Non-recurring financial income | 76B | - | €800 | +€800 | |
| Financial charges | 65/66B | €43,393 | €17,636 | -€25,757 | -59.4% |
| Recurring financial charges | 65 | €39,255 | €17,636 | -€21,619 | -55.1% |
| Non-recurring financial charges | 66B | €4,138 | - | -€4,138 | |
| Profit (loss) for the period before taxes | 9903 | €148,236 | €22,152 | -€126,084 | -85.1% |
| Income taxes | 67/77 | €20,812 | €7,288 | -€13,524 | -65.0% |
| Profit (loss) for the period | 9904 | €127,424 | €14,864 | -€112,560 | -88.3% |
| Profit (loss) for the period to be appropriated | 9905 | €127,424 | €14,864 | -€112,560 | -88.3% |
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 12 October 2026 via checked.be.