HOPBARGE: 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.
HOPBARGE
Largest movements
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Receivables within one year +€157,563
up €157,563 (+603%), from €26,132 to €183,695
of which Other amounts receivable: +€157,563
- Cash +€81,392
up €81,392 (+408%), from €19,971 to €101,363
mainly Current investments (+€250,000)
- Trade debts -€10,770
down €10,770 (-98.9%), from €10,890 to €120
- Gross operating margin +€11,760
no longer reported in 2025 (was -€11,760)
- Financial income -€707
down €707 (-52.8%), from €1,340 to €633
- Other operating charges -€202
down €202 (-26.1%), from €774 to €572
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 | €312,127 | €301,083 | -€11,044 | -3.5% |
| Fixed assets | 21/28 | €15,965 | €15,965 | = | 0.0% |
| Financial fixed assets | 28 | €15,965 | €15,965 | = | 0.0% |
| Current assets | 29/58 | €296,162 | €285,118 | -€11,044 | -3.7% |
| Amounts receivable within one year | 40/41 | €26,132 | €183,695 | +€157,563 | +603% |
| Trade receivables | 40 | €480 | €480 | = | 0.0% |
| Other amounts receivable | 41 | €25,652 | €183,215 | +€157,563 | +614% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €19,971 | €101,363 | +€81,392 | +408% |
| Deferred charges and accrued income | 490/1 | €59 | €60 | +€1 | +1.7% |
| Total equity and liabilities | 10/49 | €312,127 | €301,083 | -€11,044 | -3.5% |
| Equity | 10/15 | €301,237 | €300,963 | -€274 | -0.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €187,611 | €187,611 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €184,611 | €184,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,626 | €83,352 | -€274 | -0.3% |
| Amounts payable | 17/49 | €10,890 | €120 | -€10,770 | -98.9% |
| Amounts payable within one year | 42/48 | €10,890 | €120 | -€10,770 | -98.9% |
| Trade debts | 44 | €10,890 | €120 | -€10,770 | -98.9% |
| Suppliers | 440/4 | €10,890 | €120 | -€10,770 | -98.9% |
| Other operating charges | 640/8 | €774 | €572 | -€202 | -26.1% |
| Gross operating margin | 9900 | -€11,760 | - | +€11,760 | |
| Operating profit (loss) | 9901 | -€12,534 | -€572 | +€11,962 | +95.4% |
| Financial income | 75/76B | €1,340 | €633 | -€707 | -52.8% |
| Recurring financial income | 75 | €1,340 | €633 | -€707 | -52.8% |
| Financial charges | 65/66B | €332 | €335 | +€3 | +0.9% |
| Recurring financial charges | 65 | €332 | €335 | +€3 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,526 | -€274 | +€11,252 | +97.6% |
| Profit (loss) for the period | 9904 | -€11,526 | -€274 | +€11,252 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,526 | -€274 | +€11,252 | +97.6% |
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 31 October 2026 via checked.be.