HOP Consult: 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.
HOP Consult
Largest movements
- Cash +€71,038
up €71,038 (+251%), from €28,263 to €99,301
mainly Net result for the year (+€138,119) and Trade debts (+€1,867)
- Receivables within one year +€17,691
up €17,691 (+42.3%), from €41,851 to €59,542
of which Other amounts receivable: +€14,320
- Reserves +€88,110
up €88,110 (+153%), from €57,490 to €145,600
- Trade debts +€1,867
up €1,867 (+150%), from €1,240 to €3,107
- Gross operating margin +€133,476
up €133,476 (+301%), from €44,417 to €177,893
- Taxes +€37,564
up €37,564 (+6,059%), from €620 to €38,184
- Depreciation -€6,739
down €6,739 (-89.4%), from €7,539 to €800
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 | €73,084 | €161,463 | +€88,379 | +121% |
| Fixed assets | 21/28 | €1,482 | €1,471 | -€11 | -0.7% |
| Tangible fixed assets | 22/27 | €1,482 | €1,471 | -€11 | -0.7% |
| Furniture and vehicles | 24 | €1,482 | €1,471 | -€11 | -0.7% |
| Current assets | 29/58 | €71,602 | €159,992 | +€88,390 | +123% |
| Amounts receivable within one year | 40/41 | €41,851 | €59,542 | +€17,691 | +42.3% |
| Trade receivables | 40 | €41,319 | €44,690 | +€3,371 | +8.2% |
| Other amounts receivable | 41 | €531 | €14,851 | +€14,320 | +2,695% |
| Cash at bank and in hand | 54/58 | €28,263 | €99,301 | +€71,038 | +251% |
| Deferred charges and accrued income | 490/1 | €1,488 | €1,149 | -€339 | -22.8% |
| Total equity and liabilities | 10/49 | €73,084 | €161,463 | +€88,379 | +121% |
| Equity | 10/15 | €58,490 | €146,610 | +€88,119 | +151% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €57,490 | €145,600 | +€88,110 | +153% |
| Distributable reserves | 133 | €57,490 | €145,600 | +€88,110 | +153% |
| Profit (loss) carried forward | 14 | €0 | €10 | +€9 | +5,571% |
| Amounts payable | 17/49 | €14,594 | €14,854 | +€260 | +1.8% |
| Amounts payable within one year | 42/48 | €14,594 | €14,854 | +€260 | +1.8% |
| Trade debts | 44 | €1,240 | €3,107 | +€1,867 | +150% |
| Suppliers | 440/4 | €1,240 | €3,107 | +€1,867 | +150% |
| Taxes, remuneration and social security | 45 | €13,353 | €11,747 | -€1,607 | -12.0% |
| Taxes | 450/3 | €13,353 | €11,747 | -€1,607 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,539 | €800 | -€6,739 | -89.4% |
| Other operating charges | 640/8 | €855 | €881 | +€26 | +3.1% |
| Gross operating margin | 9900 | €44,417 | €177,893 | +€133,476 | +301% |
| Operating profit (loss) | 9901 | €36,023 | €176,212 | +€140,189 | +389% |
| Financial income | 75/76B | €260 | €147 | -€113 | -43.4% |
| Recurring financial income | 75 | €260 | €147 | -€113 | -43.4% |
| Financial charges | 65/66B | €54 | €56 | +€2 | +2.8% |
| Recurring financial charges | 65 | €54 | €56 | +€2 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €36,229 | €176,303 | +€140,075 | +387% |
| Income taxes | 67/77 | €620 | €38,184 | +€37,564 | +6,059% |
| Profit (loss) for the period | 9904 | €35,609 | €138,119 | +€102,511 | +288% |
| Profit (loss) for the period to be appropriated | 9905 | €35,609 | €138,119 | +€102,511 | +288% |
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 28 October 2026 via checked.be.