HIPPOCATHES: 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.
HIPPOCATHES
Largest movements
- Cash -€17,023
down €17,023 (-37.2%), from €45,745 to €28,721
mainly Net result for the year (-€16,454) and Receivables within one year (-€7,248)
- Receivables within one year +€7,248
up €7,248 (+25.3%), from €28,664 to €35,912
of which Other amounts receivable: +€7,105
- Deferred charges and accrued income -€3,050
no longer reported in 2025 (was €3,050)
- Tangible fixed assets -€1,997
down €1,997 (-31.4%), from €6,351 to €4,354
of which Furniture and vehicles: -€2,626
- Profit (loss) carried forward -€16,454
down €16,454 (-21.8%), from €75,551 to €59,097
- Trade debts +€4,805
up €4,805 (+292%), from €1,645 to €6,449
- Tax, wage and social debts -€3,173
down €3,173 (-92.3%), from €3,440 to €266
- Gross operating margin -€25,351
down €25,351, from €15,070 to -€10,281
- Taxes -€3,173
down €3,173 (-92.3%), from €3,440 to €266
- Financial income -€432
down €432 (-29.5%), from €1,463 to €1,031
- Other operating charges +€352
up €352 (+66.0%), from €533 to €885
- Financial charges -€261
down €261 (-9.3%), from €2,799 to €2,538
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 | €85,635 | €70,813 | -€14,823 | -17.3% |
| Fixed assets | 21/28 | €8,176 | €6,179 | -€1,997 | -24.4% |
| Tangible fixed assets | 22/27 | €6,351 | €4,354 | -€1,997 | -31.4% |
| Plant, machinery and equipment | 23 | €538 | €1,702 | +€1,163 | +216% |
| Furniture and vehicles | 24 | €2,626 | - | -€2,626 | |
| Other tangible fixed assets | 26 | €3,187 | €2,653 | -€535 | -16.8% |
| Financial fixed assets | 28 | €1,825 | €1,825 | = | 0.0% |
| Current assets | 29/58 | €77,459 | €64,633 | -€12,826 | -16.6% |
| Amounts receivable within one year | 40/41 | €28,664 | €35,912 | +€7,248 | +25.3% |
| Trade receivables | 40 | €10,857 | €11,000 | +€143 | +1.3% |
| Other amounts receivable | 41 | €17,807 | €24,912 | +€7,105 | +39.9% |
| Cash at bank and in hand | 54/58 | €45,745 | €28,721 | -€17,023 | -37.2% |
| Deferred charges and accrued income | 490/1 | €3,050 | - | -€3,050 | |
| Total equity and liabilities | 10/49 | €85,635 | €70,813 | -€14,823 | -17.3% |
| Equity | 10/15 | €80,551 | €64,097 | -€16,454 | -20.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,551 | €59,097 | -€16,454 | -21.8% |
| Amounts payable | 17/49 | €5,084 | €6,716 | +€1,631 | +32.1% |
| Amounts payable within one year | 42/48 | €5,084 | €6,716 | +€1,631 | +32.1% |
| Trade debts | 44 | €1,645 | €6,449 | +€4,805 | +292% |
| Suppliers | 440/4 | €1,645 | €6,449 | +€4,805 | +292% |
| Taxes, remuneration and social security | 45 | €3,440 | €266 | -€3,173 | -92.3% |
| Taxes | 450/3 | €3,440 | €266 | -€3,173 | -92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,611 | €3,515 | -€96 | -2.7% |
| Other operating charges | 640/8 | €533 | €885 | +€352 | +66.0% |
| Gross operating margin | 9900 | €15,070 | -€10,281 | -€25,351 | |
| Operating profit (loss) | 9901 | €10,926 | -€14,681 | -€25,607 | |
| Financial income | 75/76B | €1,463 | €1,031 | -€432 | -29.5% |
| Recurring financial income | 75 | €1,463 | €1,031 | -€432 | -29.5% |
| Financial charges | 65/66B | €2,799 | €2,538 | -€261 | -9.3% |
| Recurring financial charges | 65 | €2,799 | €2,538 | -€261 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €9,590 | -€16,188 | -€25,778 | |
| Income taxes | 67/77 | €3,440 | €266 | -€3,173 | -92.3% |
| Profit (loss) for the period | 9904 | €6,150 | -€16,454 | -€22,604 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,150 | -€16,454 | -€22,604 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.