HOPPER: what changed
Two fiscal 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.
HOPPER
Largest movements
- Receivables after one year +€25,000
up €25,000 (+15.2%), from €165,000 to €190,000
- Cash +€19,693
up €19,693 (+20.4%), from €96,425 to €116,118
mainly Net result for the year (+€74,650) and Other debts (+€7,416)
- Deferred charges and accrued income +€5,809
up €5,809 (+74.0%), from €7,845 to €13,654
- Receivables within one year +€5,597
up €5,597 (+77.2%), from €7,252 to €12,849
of which Other amounts receivable: +€6,047
- Reserves +€73,050
up €73,050 (+42.7%), from €171,252 to €244,302
- Tax, wage and social debts -€23,047
down €23,047 (-27.2%), from €84,872 to €61,825
of which Taxes: -€19,780
- Other debts +€7,416
up €7,416 (+1361.3%), from €545 to €7,960
- Trade debts -€5,381
down €5,381 (-14.8%), from €36,239 to €30,858
- Gross operating margin +€88,599
up €88,599 (+16.4%), from €539,584 to €628,184
- Staff costs +€26,517
up €26,517 (+5.7%), from €461,760 to €488,277
- Financial charges +€19,844
up €19,844 (+1817.3%), from €1,092 to €20,936
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.
Cash bridge derived
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 | €312,045 | €363,538 | +€51,493 | +16.5% |
| Fixed assets | 21/28 | €20,199 | €17,117 | -€3,082 | -15.3% |
| Tangible fixed assets | 22/27 | €18,057 | €14,975 | -€3,082 | -17.1% |
| Plant, machinery and equipment | 23 | €8,043 | €4,739 | -€3,304 | -41.1% |
| Furniture and vehicles | 24 | €6,408 | €7,832 | +€1,424 | +22.2% |
| Other tangible fixed assets | 26 | €3,606 | €2,404 | -€1,202 | -33.3% |
| Financial fixed assets | 28 | €2,142 | €2,142 | = | 0.0% |
| Current assets | 29/58 | €291,845 | €346,421 | +€54,575 | +18.7% |
| Amounts receivable after more than one year | 29 | €165,000 | €190,000 | +€25,000 | +15.2% |
| Trade receivables | 290 | €165,000 | €190,000 | +€25,000 | +15.2% |
| Stocks and contracts in progress | 3 | €14,331 | €12,838 | -€1,493 | -10.4% |
| Stocks | 30/36 | €14,331 | €12,838 | -€1,493 | -10.4% |
| Amounts receivable within one year | 40/41 | €7,252 | €12,849 | +€5,597 | +77.2% |
| Trade receivables | 40 | €450 | €0 | -€450 | -100.0% |
| Other amounts receivable | 41 | €6,802 | €12,849 | +€6,047 | +88.9% |
| Current investments | 50/53 | €993 | €963 | -€30 | -3.0% |
| Cash at bank and in hand | 54/58 | €96,425 | €116,118 | +€19,693 | +20.4% |
| Deferred charges and accrued income | 490/1 | €7,845 | €13,654 | +€5,809 | +74.0% |
| Total equity and liabilities | 10/49 | €312,045 | €363,538 | +€51,493 | +16.5% |
| Equity | 10/15 | €189,844 | €262,895 | +€73,050 | +38.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €171,252 | €244,302 | +€73,050 | +42.7% |
| Distributable reserves | 133 | €171,252 | €244,302 | +€73,050 | +42.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €122,200 | €100,644 | -€21,557 | -17.6% |
| Amounts payable within one year | 42/48 | €122,200 | €100,644 | -€21,557 | -17.6% |
| Trade debts | 44 | €36,239 | €30,858 | -€5,381 | -14.8% |
| Suppliers | 440/4 | €36,239 | €30,858 | -€5,381 | -14.8% |
| Advances received on contracts in progress | 46 | €545 | €0 | -€545 | -100.0% |
| Taxes, remuneration and social security | 45 | €84,872 | €61,825 | -€23,047 | -27.2% |
| Taxes | 450/3 | €28,371 | €8,591 | -€19,780 | -69.7% |
| Remuneration and social security | 454/9 | €56,501 | €53,234 | -€3,267 | -5.8% |
| Other amounts payable | 47/48 | €545 | €7,960 | +€7,416 | +1361.3% |
| Remuneration, social security and pensions | 62 | €461,760 | €488,277 | +€26,517 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,219 | €7,110 | -€109 | -1.5% |
| Other operating charges | 640/8 | €8,277 | €6,447 | -€1,830 | -22.1% |
| Gross operating margin | 9900 | €539,584 | €628,184 | +€88,599 | +16.4% |
| Operating profit (loss) | 9901 | €62,329 | €126,350 | +€64,021 | +102.7% |
| Financial income | 75/76B | €5,802 | €6,650 | +€848 | +14.6% |
| Recurring financial income | 75 | €5,802 | €6,650 | +€848 | +14.6% |
| Financial charges | 65/66B | €1,092 | €20,936 | +€19,844 | +1817.3% |
| Recurring financial charges | 65 | €1,092 | €20,936 | +€19,844 | +1817.3% |
| Profit (loss) for the period before taxes | 9903 | €67,039 | €112,064 | +€45,025 | +67.2% |
| Income taxes | 67/77 | €32,242 | €37,413 | +€5,172 | +16.0% |
| Profit (loss) for the period | 9904 | €34,797 | €74,650 | +€39,853 | +114.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,797 | €74,650 | +€39,853 | +114.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.