HOP-LA: what changed
HOP-LA
Largest movements
- Receivables within one year +€8,486
up €8,486 (+21.9%), from €38,749 to €47,235
of which Other amounts receivable: +€5,888
- Tangible fixed assets -€7,783
down €7,783 (-32.8%), from €23,763 to €15,981
- Cash +€4,551
up €4,551 (+2,455%), from €185 to €4,736
mainly Net result for the year (+€16,115) and Other debts (+€9,260)
- Reserves -€9,793
no longer reported in 2025 (was €9,793)
- Other debts +€9,260
up €9,260 (+58.5%), from €15,829 to €25,089
- Profit (loss) carried forward +€7,915
up €7,915, from -€83 to €7,832
- Debts after one year -€7,761
down €7,761 (-45.0%), from €17,266 to €9,504
- Tax, wage and social debts +€7,184
up €7,184 (+181%), from €3,960 to €11,143
- Gross operating margin +€27,299
up €27,299 (+548%), from €4,983 to €32,283
- Taxes +€6,051
up €6,051 (+4,727%), from €128 to €6,179
- Other operating charges +€814
up €814 (+172%), from €474 to €1,288
- Staff costs -€343
no longer reported in 2025 (was €343)
- Financial charges -€326
down €326 (-20.6%), from €1,578 to €1,252
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,626 | €69,289 | +€5,663 | +8.9% |
| Formation expenses | 20 | €417 | €209 | -€209 | -50.0% |
| Fixed assets | 21/28 | €23,943 | €16,161 | -€7,783 | -32.5% |
| Tangible fixed assets | 22/27 | €23,763 | €15,981 | -€7,783 | -32.8% |
| Furniture and vehicles | 24 | €23,763 | €15,981 | -€7,783 | -32.8% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €39,266 | €52,920 | +€13,654 | +34.8% |
| Amounts receivable within one year | 40/41 | €38,749 | €47,235 | +€8,486 | +21.9% |
| Trade receivables | 40 | €29,896 | €32,494 | +€2,598 | +8.7% |
| Other amounts receivable | 41 | €8,853 | €14,741 | +€5,888 | +66.5% |
| Cash at bank and in hand | 54/58 | €185 | €4,736 | +€4,551 | +2,455% |
| Deferred charges and accrued income | 490/1 | €332 | €949 | +€617 | +186% |
| Total equity and liabilities | 10/49 | €63,626 | €69,289 | +€5,663 | +8.9% |
| Equity | 10/15 | €11,710 | €9,832 | -€1,878 | -16.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €9,793 | - | -€9,793 | |
| Distributable reserves | 133 | €9,793 | - | -€9,793 | |
| Profit (loss) carried forward | 14 | -€83 | €7,832 | +€7,915 | |
| Amounts payable | 17/49 | €51,917 | €59,457 | +€7,540 | +14.5% |
| Amounts payable after more than one year | 17 | €17,266 | €9,504 | -€7,761 | -45.0% |
| Financial debts | 170/4 | €17,266 | €9,504 | -€7,761 | -45.0% |
| Amounts payable within one year | 42/48 | €34,649 | €49,950 | +€15,301 | +44.2% |
| Current portion of amounts payable after more than one year | 42 | €7,422 | €7,761 | +€339 | +4.6% |
| Trade debts | 44 | €7,439 | €5,956 | -€1,482 | -19.9% |
| Suppliers | 440/4 | €7,439 | €5,956 | -€1,482 | -19.9% |
| Taxes, remuneration and social security | 45 | €3,960 | €11,143 | +€7,184 | +181% |
| Taxes | 450/3 | €3,960 | €11,143 | +€7,184 | +181% |
| Other amounts payable | 47/48 | €15,829 | €25,089 | +€9,260 | +58.5% |
| Accrued charges and deferred income | 492/3 | €2 | €2 | +€1 | +54.4% |
| Remuneration, social security and pensions | 62 | €343 | - | -€343 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,141 | €7,991 | -€150 | -1.8% |
| Other operating charges | 640/8 | €474 | €1,288 | +€814 | +172% |
| Gross operating margin | 9900 | €4,983 | €32,283 | +€27,299 | +548% |
| Operating profit (loss) | 9901 | -€3,974 | €23,004 | +€26,978 | |
| Financial income | 75/76B | €303 | €542 | +€239 | +78.6% |
| Recurring financial income | 75 | €303 | €542 | +€239 | +78.6% |
| Financial charges | 65/66B | €1,578 | €1,252 | -€326 | -20.6% |
| Recurring financial charges | 65 | €1,578 | €1,252 | -€326 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,249 | €22,294 | +€27,542 | |
| Income taxes | 67/77 | €128 | €6,179 | +€6,051 | +4,727% |
| Profit (loss) for the period | 9904 | -€5,377 | €16,115 | +€21,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,377 | €16,115 | +€21,492 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.