HIPPOKRA: 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.
HIPPOKRA
Largest movements
- Current investments -€180,000
down €180,000 (-52.9%), from €340,000 to €160,000
- Cash +€54,307
up €54,307 (+43.6%), from €124,699 to €179,006
mainly Current investments (+€180,000) and Net result for the year (+€170,985)
- Tangible fixed assets +€19,216
up €19,216 (+5.1%), from €380,262 to €399,478
of which Furniture and vehicles: +€34,431
- Deferred charges and accrued income -€14,813
down €14,813 (-50.3%), from €29,430 to €14,616
- Intangible fixed assets -€12,994
down €12,994 (-70.6%), from €18,408 to €5,414
- Other debts -€228,426
down €228,426 (-79.8%), from €286,426 to €58,000
- Reserves +€170,985
up €170,985 (+83.4%), from €205,083 to €376,069
of which Distributable reserves: +€170,985
- Profit (loss) carried forward -€58,000
down €58,000 (-72.2%), from €80,369 to €22,369
- Debts after one year -€27,777
down €27,777 (-10.6%), from €260,973 to €233,196
of which Financial debts: -€27,297
- Tax, wage and social debts +€14,754
up €14,754 (+121%), from €12,224 to €26,978
- Depreciation -€40,239
down €40,239 (-55.8%), from €72,073 to €31,834
- Gross operating margin +€36,218
up €36,218 (+15.0%), from €241,665 to €277,883
- Taxes +€36,053
up €36,053 (+94.2%), from €38,282 to €74,336
- Financial income +€7,414
up €7,414 (+111%), from €6,686 to €14,100
- Financial charges +€4,746
up €4,746 (+96.3%), from €4,926 to €9,671
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 | €897,144 | €765,471 | -€131,673 | -14.7% |
| Fixed assets | 21/28 | €398,670 | €404,892 | +€6,222 | +1.6% |
| Intangible fixed assets | 21 | €18,408 | €5,414 | -€12,994 | -70.6% |
| Tangible fixed assets | 22/27 | €380,262 | €399,478 | +€19,216 | +5.1% |
| Land and buildings | 22 | €343,404 | €332,858 | -€10,546 | -3.1% |
| Plant, machinery and equipment | 23 | €2,100 | €1,771 | -€329 | -15.7% |
| Furniture and vehicles | 24 | €8,442 | €42,873 | +€34,431 | +408% |
| Other tangible fixed assets | 26 | €26,316 | €21,977 | -€4,340 | -16.5% |
| Current assets | 29/58 | €498,474 | €360,579 | -€137,895 | -27.7% |
| Amounts receivable within one year | 40/41 | €4,346 | €6,957 | +€2,611 | +60.1% |
| Trade receivables | 40 | €1,691 | €1,243 | -€448 | -26.5% |
| Other amounts receivable | 41 | €2,655 | €5,714 | +€3,059 | +115% |
| Current investments | 50/53 | €340,000 | €160,000 | -€180,000 | -52.9% |
| Cash at bank and in hand | 54/58 | €124,699 | €179,006 | +€54,307 | +43.6% |
| Deferred charges and accrued income | 490/1 | €29,430 | €14,616 | -€14,813 | -50.3% |
| Total equity and liabilities | 10/49 | €897,144 | €765,471 | -€131,673 | -14.7% |
| Equity | 10/15 | €304,052 | €417,037 | +€112,985 | +37.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €205,083 | €376,069 | +€170,985 | +83.4% |
| Tax-exempt reserves | 132 | €130,510 | €130,510 | = | 0.0% |
| Distributable reserves | 133 | €74,573 | €245,559 | +€170,985 | +229% |
| Profit (loss) carried forward | 14 | €80,369 | €22,369 | -€58,000 | -72.2% |
| Amounts payable | 17/49 | €593,092 | €348,434 | -€244,658 | -41.3% |
| Amounts payable after more than one year | 17 | €260,973 | €233,196 | -€27,777 | -10.6% |
| Financial debts | 170/4 | €260,493 | €233,196 | -€27,297 | -10.5% |
| Other amounts payable | 178/9 | €480 | - | -€480 | |
| Amounts payable within one year | 42/48 | €332,119 | €114,903 | -€217,216 | -65.4% |
| Current portion of amounts payable after more than one year | 42 | €27,919 | €28,534 | +€615 | +2.2% |
| Trade debts | 44 | €5,551 | €1,391 | -€4,160 | -74.9% |
| Suppliers | 440/4 | €5,551 | €1,391 | -€4,160 | -74.9% |
| Taxes, remuneration and social security | 45 | €12,224 | €26,978 | +€14,754 | +121% |
| Taxes | 450/3 | €12,224 | €26,978 | +€14,754 | +121% |
| Other amounts payable | 47/48 | €286,426 | €58,000 | -€228,426 | -79.8% |
| Accrued charges and deferred income | 492/3 | - | €335 | +€335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,073 | €31,834 | -€40,239 | -55.8% |
| Other operating charges | 640/8 | €1,888 | €5,157 | +€3,269 | +173% |
| Gross operating margin | 9900 | €241,665 | €277,883 | +€36,218 | +15.0% |
| Operating profit (loss) | 9901 | €167,705 | €240,893 | +€73,188 | +43.6% |
| Financial income | 75/76B | €6,686 | €14,100 | +€7,414 | +111% |
| Recurring financial income | 75 | €6,686 | €14,100 | +€7,414 | +111% |
| Financial charges | 65/66B | €4,926 | €9,671 | +€4,746 | +96.3% |
| Recurring financial charges | 65 | €4,926 | €9,671 | +€4,746 | +96.3% |
| Profit (loss) for the period before taxes | 9903 | €169,465 | €245,321 | +€75,856 | +44.8% |
| Income taxes | 67/77 | €38,282 | €74,336 | +€36,053 | +94.2% |
| Profit (loss) for the period | 9904 | €131,183 | €170,985 | +€39,803 | +30.3% |
| Transfer to tax-exempt reserves | 689 | €58,940 | - | -€58,940 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,243 | €170,985 | +€98,743 | +137% |
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 17 October 2026 via checked.be.