HMP & Co: 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.
HMP & Co
Largest movements
- Receivables within one year +€63,202
up €63,202 (+339%), from €18,665 to €81,867
of which Trade receivables: +€58,012
- Cash +€11,548
up €11,548 (+50.9%), from €22,691 to €34,238
mainly Net result for the year (+€62,584) and Tax, wage and social debts (+€31,769)
- Tangible fixed assets -€2,430
down €2,430 (-69.7%), from €3,484 to €1,054
of which Plant, machinery and equipment: -€1,587
- Reserves +€62,584
up €62,584 (+2,564%), from €2,441 to €65,025
of which Distributable reserves: +€62,584
- Tax, wage and social debts +€31,769
up €31,769 (+2,970%), from €1,070 to €32,839
- Other debts -€19,182
no longer reported in 2025 (was €19,182)
- Advances received -€1,928
no longer reported in 2025 (was €1,928)
- Gross operating margin +€91,761
up €91,761 (+9,424%), from €974 to €92,735
- Taxes +€29,054
new in 2025: €29,054
- Depreciation -€1,491
down €1,491 (-61.1%), from €2,440 to €949
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 | €44,840 | €117,159 | +€72,320 | +161% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €3,484 | €1,054 | -€2,430 | -69.7% |
| Tangible fixed assets | 22/27 | €3,484 | €1,054 | -€2,430 | -69.7% |
| Plant, machinery and equipment | 23 | €1,587 | €0 | -€1,587 | -100% |
| Furniture and vehicles | 24 | €1,897 | €1,054 | -€843 | -44.4% |
| Current assets | 29/58 | €41,356 | €116,106 | +€74,750 | +181% |
| Amounts receivable within one year | 40/41 | €18,665 | €81,867 | +€63,202 | +339% |
| Trade receivables | 40 | €18,065 | €76,077 | +€58,012 | +321% |
| Other amounts receivable | 41 | €600 | €5,791 | +€5,191 | +865% |
| Cash at bank and in hand | 54/58 | €22,691 | €34,238 | +€11,548 | +50.9% |
| Total equity and liabilities | 10/49 | €44,840 | €117,159 | +€72,320 | +161% |
| Equity | 10/15 | €21,426 | €84,010 | +€62,584 | +292% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,441 | €65,025 | +€62,584 | +2,564% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €581 | €581 | = | 0.0% |
| Distributable reserves | 133 | - | €62,584 | +€62,584 | |
| Profit (loss) carried forward | 14 | €385 | €385 | = | 0.0% |
| Amounts payable | 17/49 | €23,414 | €33,150 | +€9,735 | +41.6% |
| Amounts payable within one year | 42/48 | €23,414 | €33,150 | +€9,735 | +41.6% |
| Trade debts | 44 | €1,234 | €311 | -€923 | -74.8% |
| Suppliers | 440/4 | €1,234 | €311 | -€923 | -74.8% |
| Advances received on contracts in progress | 46 | €1,928 | - | -€1,928 | |
| Taxes, remuneration and social security | 45 | €1,070 | €32,839 | +€31,769 | +2,970% |
| Taxes | 450/3 | €1,070 | €32,839 | +€31,769 | +2,970% |
| Other amounts payable | 47/48 | €19,182 | - | -€19,182 | |
| Non-recurring operating income | 76A | - | €4,869 | +€4,869 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,440 | €949 | -€1,491 | -61.1% |
| Other operating charges | 640/8 | €413 | €173 | -€240 | -58.1% |
| Gross operating margin | 9900 | €974 | €92,735 | +€91,761 | +9,424% |
| Operating profit (loss) | 9901 | -€1,879 | €91,613 | +€93,492 | |
| Financial income | 75/76B | €189 | €149 | -€40 | -21.1% |
| Recurring financial income | 75 | €189 | €149 | -€40 | -21.1% |
| Financial charges | 65/66B | €67 | €123 | +€56 | +82.8% |
| Recurring financial charges | 65 | €67 | €123 | +€56 | +82.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,758 | €91,638 | +€93,397 | |
| Income taxes | 67/77 | - | €29,054 | +€29,054 | |
| Profit (loss) for the period | 9904 | -€1,758 | €62,584 | +€64,342 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,758 | €62,584 | +€64,342 |
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 22 October 2026 via checked.be.