HOP TRADE: 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 TRADE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts +€5,914
up €5,914 (+54.6%), from €10,833 to €16,747
- Other debts -€3,702
down €3,702 (-97.6%), from €3,793 to €91
- Profit (loss) carried forward -€2,089
down €2,089 (-65.2%), from -€3,206 to -€5,296
- Depreciation -€727
no longer reported in 2025 (was €727)
- Gross operating margin -€351
down €351 (-20.2%), from -€1,739 to -€2,089
- Financial charges -€110
no longer reported in 2025 (was €110)
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 | €14,419 | €14,551 | +€132 | +0.9% |
| Current assets | 29/58 | €14,419 | €14,551 | +€132 | +0.9% |
| Amounts receivable within one year | 40/41 | €14,417 | €14,540 | +€123 | +0.9% |
| Trade receivables | 40 | €13,496 | €13,496 | = | 0.0% |
| Other amounts receivable | 41 | €921 | €1,044 | +€123 | +13.4% |
| Cash at bank and in hand | 54/58 | €3 | €11 | +€8 | +303% |
| Total equity and liabilities | 10/49 | €14,419 | €14,551 | +€132 | +0.9% |
| Equity | 10/15 | -€206 | -€2,296 | -€2,089 | -1,013% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,206 | -€5,296 | -€2,089 | -65.2% |
| Amounts payable | 17/49 | €14,626 | €16,846 | +€2,221 | +15.2% |
| Amounts payable within one year | 42/48 | €14,626 | €16,838 | +€2,212 | +15.1% |
| Trade debts | 44 | €10,833 | €16,747 | +€5,914 | +54.6% |
| Suppliers | 440/4 | €10,833 | €16,747 | +€5,914 | +54.6% |
| Other amounts payable | 47/48 | €3,793 | €91 | -€3,702 | -97.6% |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €727 | - | -€727 | |
| Gross operating margin | 9900 | -€1,739 | -€2,089 | -€351 | -20.2% |
| Operating profit (loss) | 9901 | -€2,466 | -€2,089 | +€376 | +15.3% |
| Financial charges | 65/66B | €110 | - | -€110 | |
| Recurring financial charges | 65 | €110 | - | -€110 | |
| Profit (loss) for the period before taxes | 9903 | -€2,576 | -€2,089 | +€487 | +18.9% |
| Profit (loss) for the period | 9904 | -€2,576 | -€2,089 | +€487 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,576 | -€2,089 | +€487 | +18.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.