HOP: 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.
HOP
Largest movements
- Cash +€14,701
up €14,701 (+27.7%), from €53,011 to €67,712
mainly Net result for the year (+€14,098) and Depreciation (+€6,093)
- Tangible fixed assets -€6,093
down €6,093 (-45.5%), from €13,391 to €7,299
of which Furniture and vehicles: -€5,049
- Receivables within one year +€3,834
up €3,834 (+12.5%), from €30,722 to €34,557
of which Other amounts receivable: +€3,834
- Profit (loss) carried forward +€14,098
up €14,098 (+13.2%), from €107,052 to €121,150
- Tax, wage and social debts +€1,935
up €1,935 (+76.7%), from €2,524 to €4,459
of which Remuneration and social security: +€1,859
- Current portion of long-term debt -€1,854
no longer reported in 2024 (was €1,854)
- Depreciation -€6,372
down €6,372 (-51.1%), from €12,465 to €6,093
- Taxes +€1,482
up €1,482 (+367.1%), from €404 to €1,886
- Gross operating margin -€824
down €824 (-2.5%), from €32,515 to €31,691
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 | €133,713 | €147,572 | +€13,859 | +10.4% |
| Fixed assets | 21/28 | €13,391 | €7,299 | -€6,093 | -45.5% |
| Tangible fixed assets | 22/27 | €13,391 | €7,299 | -€6,093 | -45.5% |
| Land and buildings | 22 | €8,342 | €7,299 | -€1,044 | -12.5% |
| Furniture and vehicles | 24 | €5,049 | - | -€5,049 | |
| Current assets | 29/58 | €120,322 | €140,273 | +€19,951 | +16.6% |
| Amounts receivable within one year | 40/41 | €30,722 | €34,557 | +€3,834 | +12.5% |
| Trade receivables | 40 | €6,386 | €6,386 | = | 0.0% |
| Other amounts receivable | 41 | €24,336 | €28,171 | +€3,834 | +15.8% |
| Current investments | 50/53 | €36,589 | €36,589 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €53,011 | €67,712 | +€14,701 | +27.7% |
| Deferred charges and accrued income | 490/1 | - | €1,416 | +€1,416 | |
| Total equity and liabilities | 10/49 | €133,713 | €147,572 | +€13,859 | +10.4% |
| Equity | 10/15 | €127,503 | €141,601 | +€14,098 | +11.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,052 | €121,150 | +€14,098 | +13.2% |
| Amounts payable | 17/49 | €6,210 | €5,971 | -€240 | -3.9% |
| Amounts payable within one year | 42/48 | €6,210 | €5,971 | -€240 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €1,854 | - | -€1,854 | |
| Trade debts | 44 | €1,832 | €1,512 | -€320 | -17.5% |
| Suppliers | 440/4 | €1,832 | €1,512 | -€320 | -17.5% |
| Taxes, remuneration and social security | 45 | €2,524 | €4,459 | +€1,935 | +76.7% |
| Taxes | 450/3 | €2,524 | €2,600 | +€76 | +3.0% |
| Remuneration and social security | 454/9 | - | €1,859 | +€1,859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,465 | €6,093 | -€6,372 | -51.1% |
| Other operating charges | 640/8 | - | €63 | +€63 | |
| Non-recurring operating charges | 66A | €9,437 | €9,877 | +€440 | +4.7% |
| Gross operating margin | 9900 | €32,515 | €31,691 | -€824 | -2.5% |
| Operating profit (loss) | 9901 | €10,613 | €15,659 | +€5,046 | +47.5% |
| Financial income | 75/76B | €157 | €442 | +€286 | +181.9% |
| Recurring financial income | 75 | €157 | €442 | +€286 | +181.9% |
| Financial charges | 65/66B | €187 | €117 | -€69 | -37.2% |
| Recurring financial charges | 65 | €187 | €117 | -€69 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €10,583 | €15,984 | +€5,401 | +51.0% |
| Income taxes | 67/77 | €404 | €1,886 | +€1,482 | +367.1% |
| Profit (loss) for the period | 9904 | €10,180 | €14,098 | +€3,919 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,180 | €14,098 | +€3,919 | +38.5% |
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 6 October 2026 via checked.be.