HIPPO-MANAGEMENT: 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-MANAGEMENT
Largest movements
- Cash -€19,172
down €19,172 (-86.5%), from €22,161 to €2,989
mainly Other debts (-€33,846) and Tax, wage and social debts (-€3,030)
- Tangible fixed assets -€15,515
down €15,515 (-18.4%), from €84,168 to €68,653
of which Furniture and vehicles: -€16,171
- Deferred charges and accrued income -€1,986
down €1,986 (-28.1%), from €7,058 to €5,072
- Receivables within one year +€1,295
up €1,295 (+88.8%), from €1,458 to €2,753
of which Other amounts receivable: +€2,753
- Other debts -€33,846
down €33,846 (-39.0%), from €86,700 to €52,854
- Tax, wage and social debts -€3,030
down €3,030 (-80.1%), from €3,782 to €752
- Reserves +€2,100
up €2,100 (+21.2%), from €9,900 to €12,000
- Gross operating margin -€8,321
down €8,321 (-24.3%), from €34,253 to €25,932
- Other operating charges -€5,245
down €5,245 (-80.1%), from €6,546 to €1,301
- Taxes +€2,527
up €2,527 (+146.9%), from €1,720 to €4,247
- Depreciation +€690
up €690 (+4.0%), from €17,459 to €18,150
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 | €114,846 | €79,467 | -€35,379 | -30.8% |
| Fixed assets | 21/28 | €84,168 | €68,653 | -€15,515 | -18.4% |
| Tangible fixed assets | 22/27 | €84,168 | €68,653 | -€15,515 | -18.4% |
| Plant, machinery and equipment | 23 | €1,908 | €2,275 | +€367 | +19.2% |
| Furniture and vehicles | 24 | €77,877 | €61,706 | -€16,171 | -20.8% |
| Other tangible fixed assets | 26 | €4,384 | €4,673 | +€289 | +6.6% |
| Current assets | 29/58 | €30,677 | €10,814 | -€19,863 | -64.7% |
| Amounts receivable within one year | 40/41 | €1,458 | €2,753 | +€1,295 | +88.8% |
| Trade receivables | 40 | €1,458 | - | -€1,458 | |
| Other amounts receivable | 41 | - | €2,753 | +€2,753 | |
| Cash at bank and in hand | 54/58 | €22,161 | €2,989 | -€19,172 | -86.5% |
| Deferred charges and accrued income | 490/1 | €7,058 | €5,072 | -€1,986 | -28.1% |
| Total equity and liabilities | 10/49 | €114,846 | €79,467 | -€35,379 | -30.8% |
| Equity | 10/15 | €14,938 | €17,010 | +€2,072 | +13.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,900 | €12,000 | +€2,100 | +21.2% |
| Distributable reserves | 133 | €9,900 | €12,000 | +€2,100 | +21.2% |
| Profit (loss) carried forward | 14 | €38 | €10 | -€28 | -74.0% |
| Amounts payable | 17/49 | €99,908 | €62,457 | -€37,451 | -37.5% |
| Amounts payable within one year | 42/48 | €99,908 | €62,457 | -€37,451 | -37.5% |
| Trade debts | 44 | €6,646 | €6,383 | -€263 | -4.0% |
| Suppliers | 440/4 | €6,646 | €6,383 | -€263 | -4.0% |
| Advances received on contracts in progress | 46 | €2,780 | €2,468 | -€312 | -11.2% |
| Taxes, remuneration and social security | 45 | €3,782 | €752 | -€3,030 | -80.1% |
| Taxes | 450/3 | €3,782 | €752 | -€3,030 | -80.1% |
| Other amounts payable | 47/48 | €86,700 | €52,854 | -€33,846 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,459 | €18,150 | +€690 | +4.0% |
| Other operating charges | 640/8 | €6,546 | €1,301 | -€5,245 | -80.1% |
| Gross operating margin | 9900 | €34,253 | €25,932 | -€8,321 | -24.3% |
| Operating profit (loss) | 9901 | €10,248 | €6,481 | -€3,766 | -36.8% |
| Financial income | 75/76B | €0 | €1 | +€1 | +1011.1% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1011.1% |
| Financial charges | 65/66B | €151 | €163 | +€13 | +8.5% |
| Recurring financial charges | 65 | €151 | €163 | +€13 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €10,097 | €6,319 | -€3,778 | -37.4% |
| Income taxes | 67/77 | €1,720 | €4,247 | +€2,527 | +146.9% |
| Profit (loss) for the period | 9904 | €8,377 | €2,072 | -€6,305 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,377 | €2,072 | -€6,305 | -75.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.