HIPPOS: what changed
Two fiscal 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.
HIPPOS
Largest movements
- Cash +€370,115
up €370,115 (+997347.0%), from €37 to €370,153
mainly Advances received (+€400,000) and Net result for the year (+€74,617)
- Receivables within one year -€19,545
down €19,545 (-18.9%), from €103,181 to €83,636
of which Trade receivables: -€15,740
- Stocks and contracts +€7,773
up €7,773 (+149.0%), from €5,216 to €12,989
- Tangible fixed assets -€6,097
down €6,097 (-47.6%), from €12,799 to €6,702
of which Leasing and similar rights: -€3,855
- Deferred charges and accrued income +€5,600
new in 2024: €5,600
- Advances received +€400,000
new in 2024: €400,000
- Profit (loss) carried forward +€74,617
up €74,617 (+66.4%), from -€112,383 to -€37,766
- Debts after one year -€48,738
down €48,738 (-100.0%), from €48,738 to €0
- Current portion of long-term debt -€27,935
down €27,935 (-50.7%), from €55,045 to €27,110
- Trade debts -€26,606
down €26,606 (-42.8%), from €62,197 to €35,591
- Write-downs -€247,707
down €247,707, from €239,033 to -€8,674
- Gross operating margin -€98,694
down €98,694 (-40.4%), from €244,562 to €145,868
- Staff costs -€41,987
down €41,987 (-39.4%), from €106,581 to €64,594
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €139,703 | €497,550 | +€357,847 | +256.1% |
| Fixed assets | 21/28 | €31,269 | €25,172 | -€6,097 | -19.5% |
| Tangible fixed assets | 22/27 | €12,799 | €6,702 | -€6,097 | -47.6% |
| Plant, machinery and equipment | 23 | €4,564 | €3,161 | -€1,403 | -30.7% |
| Furniture and vehicles | 24 | €2,039 | €1,199 | -€840 | -41.2% |
| Leasing and similar rights | 25 | €6,197 | €2,342 | -€3,855 | -62.2% |
| Financial fixed assets | 28 | €18,470 | €18,470 | = | 0.0% |
| Current assets | 29/58 | €108,434 | €472,378 | +€363,944 | +335.6% |
| Stocks and contracts in progress | 3 | €5,216 | €12,989 | +€7,773 | +149.0% |
| Stocks | 30/36 | €5,216 | €12,989 | +€7,773 | +149.0% |
| Amounts receivable within one year | 40/41 | €103,181 | €83,636 | -€19,545 | -18.9% |
| Trade receivables | 40 | €94,079 | €78,339 | -€15,740 | -16.7% |
| Other amounts receivable | 41 | €9,102 | €5,296 | -€3,805 | -41.8% |
| Cash at bank and in hand | 54/58 | €37 | €370,153 | +€370,115 | +997347.0% |
| Deferred charges and accrued income | 490/1 | - | €5,600 | +€5,600 | |
| Total equity and liabilities | 10/49 | €139,703 | €497,550 | +€357,847 | +256.1% |
| Equity | 10/15 | -€93,077 | -€18,460 | +€74,617 | +80.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €706 | €706 | = | 0.0% |
| Non-distributable reserves | 130/1 | €706 | €706 | = | 0.0% |
| Reserves not available under the articles | 1311 | €706 | €706 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,383 | -€37,766 | +€74,617 | +66.4% |
| Amounts payable | 17/49 | €232,780 | €516,009 | +€283,229 | +121.7% |
| Amounts payable after more than one year | 17 | €48,738 | €0 | -€48,738 | -100.0% |
| Financial debts | 170/4 | €48,738 | €0 | -€48,738 | -100.0% |
| Amounts payable within one year | 42/48 | €184,042 | €516,009 | +€331,967 | +180.4% |
| Current portion of amounts payable after more than one year | 42 | €55,045 | €27,110 | -€27,935 | -50.7% |
| Trade debts | 44 | €62,197 | €35,591 | -€26,606 | -42.8% |
| Suppliers | 440/4 | €62,197 | €35,591 | -€26,606 | -42.8% |
| Advances received on contracts in progress | 46 | - | €400,000 | +€400,000 | |
| Taxes, remuneration and social security | 45 | €36,733 | €20,572 | -€16,162 | -44.0% |
| Taxes | 450/3 | €26,653 | €9,060 | -€17,593 | -66.0% |
| Remuneration and social security | 454/9 | €10,080 | €11,512 | +€1,432 | +14.2% |
| Other amounts payable | 47/48 | €30,066 | €32,737 | +€2,670 | +8.9% |
| Remuneration, social security and pensions | 62 | €106,581 | €64,594 | -€41,987 | -39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,520 | €6,097 | -€423 | -6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €239,033 | -€8,674 | -€247,707 | |
| Other operating charges | 640/8 | €1,672 | €3,915 | +€2,242 | +134.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €244,562 | €145,868 | -€98,694 | -40.4% |
| Operating profit (loss) | 9901 | -€109,244 | €79,936 | +€189,180 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -93.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -93.9% |
| Financial charges | 65/66B | €5,707 | €4,897 | -€810 | -14.2% |
| Recurring financial charges | 65 | €5,707 | €4,897 | -€810 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€114,951 | €75,040 | +€189,991 | |
| Income taxes | 67/77 | €1,280 | €422 | -€858 | -67.0% |
| Profit (loss) for the period | 9904 | -€116,231 | €74,617 | +€190,849 | |
| Profit (loss) for the period to be appropriated | 9905 | -€116,231 | €74,617 | +€190,849 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.