HOPI: 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.
HOPI
Largest movements
- Tangible fixed assets -€19,534
down €19,534 (-6.0%), from €323,029 to €303,494
of which Land and buildings: -€16,522
- Cash +€16,260
up €16,260 (+94.7%), from €17,170 to €33,431
mainly Depreciation (+€22,689) and Net result for the year (+€17,411)
- Debts after one year -€20,016
down €20,016 (-7.1%), from €283,118 to €263,101
- Profit (loss) carried forward +€17,411
up €17,411 (+27.4%), from -€63,480 to -€46,069
- Financial charges -€2,251
down €2,251 (-26.0%), from €8,653 to €6,403
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 | €340,199 | €337,089 | -€3,111 | -0.9% |
| Fixed assets | 21/28 | €323,029 | €303,494 | -€19,534 | -6.0% |
| Tangible fixed assets | 22/27 | €323,029 | €303,494 | -€19,534 | -6.0% |
| Land and buildings | 22 | €319,558 | €303,037 | -€16,522 | -5.2% |
| Plant, machinery and equipment | 23 | €3,470 | €458 | -€3,013 | -86.8% |
| Current assets | 29/58 | €17,170 | €33,594 | +€16,424 | +95.7% |
| Cash at bank and in hand | 54/58 | €17,170 | €33,431 | +€16,260 | +94.7% |
| Deferred charges and accrued income | 490/1 | - | €164 | +€164 | |
| Total equity and liabilities | 10/49 | €340,199 | €337,089 | -€3,111 | -0.9% |
| Equity | 10/15 | €36,520 | €53,931 | +€17,411 | +47.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,480 | -€46,069 | +€17,411 | +27.4% |
| Amounts payable | 17/49 | €303,679 | €283,158 | -€20,521 | -6.8% |
| Amounts payable after more than one year | 17 | €283,118 | €263,101 | -€20,016 | -7.1% |
| Financial debts | 170/4 | €283,118 | €263,101 | -€20,016 | -7.1% |
| Amounts payable within one year | 42/48 | €20,561 | €20,056 | -€505 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €20,561 | €20,016 | -€545 | -2.7% |
| Trade debts | 44 | - | €40 | +€40 | |
| Suppliers | 440/4 | - | €40 | +€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,944 | €22,689 | -€255 | -1.1% |
| Other operating charges | 640/8 | €3,625 | €3,739 | +€114 | +3.2% |
| Gross operating margin | 9900 | €50,329 | €50,242 | -€87 | -0.2% |
| Operating profit (loss) | 9901 | €23,760 | €23,814 | +€54 | +0.2% |
| Financial charges | 65/66B | €8,653 | €6,403 | -€2,251 | -26.0% |
| Recurring financial charges | 65 | €8,653 | €6,403 | -€2,251 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €15,106 | €17,411 | +€2,304 | +15.3% |
| Profit (loss) for the period | 9904 | €15,106 | €17,411 | +€2,304 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,106 | €17,411 | +€2,304 | +15.3% |
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 13 October 2026 via checked.be.