HIPPO G: 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 G
Largest movements
- Receivables within one year +€827,554
up €827,554 (+70.5%), from €1.2m to €2.0m
of which Trade receivables: +€592,294
- Tangible fixed assets +€657,182
up €657,182 (+100%), from €655,398 to €1.3m
of which Land and buildings: +€642,960
- Cash -€273,443
down €273,443 (-86.3%), from €316,678 to €43,235
mainly Receivables within one year (-€827,554) and Investment in fixed assets (net) (-€808,155)
- Debts after one year +€696,429
up €696,429, from €0 to €696,429
- Other debts +€233,720
up €233,720 (+1,187%), from €19,697 to €253,418
- Reserves +€161,554
up €161,554 (+22.5%), from €717,432 to €878,986
of which Distributable reserves: +€161,554
- Tax, wage and social debts +€88,100
up €88,100 (+191%), from €46,107 to €134,207
of which Taxes: +€101,796
- Current portion of long-term debt +€45,608
up €45,608 (+573%), from €7,964 to €53,571
- Turnover +€1.7m
new in 2025: €1.7m
- Purchases and services +€1.1m
new in 2025: €1.1m
- Gross operating margin -€179,284
down €179,284 (-22.2%), from €809,327 to €630,043
- Taxes -€69,393
down €69,393 (-94.4%), from €73,500 to €4,107
- Depreciation +€40,657
up €40,657 (+36.9%), from €110,315 to €150,973
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 | €2,166,616 | €3,366,447 | +€1.2m | +55.4% |
| Fixed assets | 21/28 | €655,398 | €1,312,579 | +€657,182 | +100% |
| Tangible fixed assets | 22/27 | €655,398 | €1,312,579 | +€657,182 | +100% |
| Land and buildings | 22 | €458,575 | €1,101,536 | +€642,960 | +140% |
| Plant, machinery and equipment | 23 | €86,270 | €72,708 | -€13,562 | -15.7% |
| Furniture and vehicles | 24 | €67,994 | €88,235 | +€20,240 | +29.8% |
| Other tangible fixed assets | 26 | €42,558 | €50,101 | +€7,543 | +17.7% |
| Current assets | 29/58 | €1,511,219 | €2,053,867 | +€542,649 | +35.9% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,173,079 | €2,000,632 | +€827,554 | +70.5% |
| Trade receivables | 40 | €611,201 | €1,203,495 | +€592,294 | +96.9% |
| Other amounts receivable | 41 | €561,878 | €797,137 | +€235,260 | +41.9% |
| Cash at bank and in hand | 54/58 | €316,678 | €43,235 | -€273,443 | -86.3% |
| Deferred charges and accrued income | 490/1 | €11,462 | - | -€11,462 | |
| Total equity and liabilities | 10/49 | €2,166,616 | €3,366,447 | +€1.2m | +55.4% |
| Equity | 10/15 | €1,962,735 | €2,131,168 | +€168,433 | +8.6% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €717,432 | €878,986 | +€161,554 | +22.5% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €702,432 | €863,986 | +€161,554 | +23.0% |
| Profit (loss) carried forward | 14 | €745,303 | €752,182 | +€6,879 | +0.9% |
| Amounts payable | 17/49 | €203,881 | €1,235,279 | +€1.0m | +506% |
| Amounts payable after more than one year | 17 | €0 | €696,429 | +€696,429 | |
| Financial debts | 170/4 | €0 | €696,429 | +€696,429 | |
| Amounts payable within one year | 42/48 | €194,800 | €528,769 | +€333,969 | +171% |
| Current portion of amounts payable after more than one year | 42 | €7,964 | €53,571 | +€45,608 | +573% |
| Trade debts | 44 | €121,032 | €87,573 | -€33,459 | -27.6% |
| Suppliers | 440/4 | €121,032 | €87,573 | -€33,459 | -27.6% |
| Taxes, remuneration and social security | 45 | €46,107 | €134,207 | +€88,100 | +191% |
| Taxes | 450/3 | €7,794 | €109,589 | +€101,796 | +1,306% |
| Remuneration and social security | 454/9 | €38,313 | €24,618 | -€13,695 | -35.7% |
| Other amounts payable | 47/48 | €19,697 | €253,418 | +€233,720 | +1,187% |
| Accrued charges and deferred income | 492/3 | €9,081 | €10,081 | +€1,000 | +11.0% |
| Turnover | 70 | - | €1,654,593 | +€1.7m | |
| Non-recurring operating income | 76A | €54,299 | €51,245 | -€3,054 | -5.6% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,094,739 | +€1.1m | |
| Remuneration, social security and pensions | 62 | €176,704 | €177,995 | +€1,292 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,315 | €150,973 | +€40,657 | +36.9% |
| Other operating charges | 640/8 | €13,589 | €21,212 | +€7,622 | +56.1% |
| Gross operating margin | 9900 | €809,327 | €630,043 | -€179,284 | -22.2% |
| Operating profit (loss) | 9901 | €508,719 | €279,863 | -€228,856 | -45.0% |
| Financial income | 75/76B | €34,822 | €5,789 | -€29,033 | -83.4% |
| Recurring financial income | 75 | €34,822 | €5,789 | -€29,033 | -83.4% |
| Financial charges | 65/66B | €2,588 | €24,667 | +€22,079 | +853% |
| Recurring financial charges | 65 | €2,588 | €24,667 | +€22,079 | +853% |
| Profit (loss) for the period before taxes | 9903 | €540,953 | €260,986 | -€279,967 | -51.8% |
| Income taxes | 67/77 | €73,500 | €4,107 | -€69,393 | -94.4% |
| Profit (loss) for the period | 9904 | €467,453 | €256,879 | -€210,574 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €467,453 | €256,879 | -€210,574 | -45.0% |
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 13 October 2026 via checked.be.