HOPPET: 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.
HOPPET
Largest movements
- Cash +€25,775
up €25,775 (+134.1%), from €19,226 to €45,001
mainly Accrued charges and deferred income (+€19,333) and Depreciation (+€11,632)
- Tangible fixed assets -€7,165
down €7,165 (-21.1%), from €34,034 to €26,869
- Intangible fixed assets -€4,467
down €4,467 (-10.3%), from €43,558 to €39,091
- Receivables within one year -€4,423
down €4,423 (-16.4%), from €27,015 to €22,592
- Deferred charges and accrued income +€1,998
new in 2025: €1,998
- Other debts -€21,068
down €21,068 (-24.9%), from €84,512 to €63,444
- Accrued charges and deferred income +€19,333
up €19,333 (+1652.4%), from €1,170 to €20,503
- Reserves +€9,312
up €9,312 (+76.4%), from €12,187 to €21,499
- Trade debts +€5,132
up €5,132 (+24.6%), from €20,858 to €25,989
- Depreciation +€5,254
up €5,254 (+82.4%), from €6,378 to €11,632
- Gross operating margin +€1,660
up €1,660 (+7.2%), from €22,963 to €24,622
- Taxes -€992
down €992 (-24.2%), from €4,106 to €3,114
- Financial charges +€259
up €259 (+425.4%), from €61 to €320
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 | €123,833 | €135,550 | +€11,717 | +9.5% |
| Fixed assets | 21/28 | €77,592 | €65,959 | -€11,632 | -15.0% |
| Intangible fixed assets | 21 | €43,558 | €39,091 | -€4,467 | -10.3% |
| Tangible fixed assets | 22/27 | €34,034 | €26,869 | -€7,165 | -21.1% |
| Plant, machinery and equipment | 23 | €34,034 | €26,869 | -€7,165 | -21.1% |
| Current assets | 29/58 | €46,241 | €69,591 | +€23,350 | +50.5% |
| Amounts receivable within one year | 40/41 | €27,015 | €22,592 | -€4,423 | -16.4% |
| Trade receivables | 40 | €27,015 | €22,592 | -€4,423 | -16.4% |
| Cash at bank and in hand | 54/58 | €19,226 | €45,001 | +€25,775 | +134.1% |
| Deferred charges and accrued income | 490/1 | - | €1,998 | +€1,998 | |
| Total equity and liabilities | 10/49 | €123,833 | €135,550 | +€11,717 | +9.5% |
| Equity | 10/15 | €13,187 | €22,499 | +€9,312 | +70.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €12,187 | €21,499 | +€9,312 | +76.4% |
| Distributable reserves | 133 | €12,187 | €21,499 | +€9,312 | +76.4% |
| Amounts payable | 17/49 | €110,646 | €113,051 | +€2,405 | +2.2% |
| Amounts payable within one year | 42/48 | €109,476 | €92,548 | -€16,928 | -15.5% |
| Trade debts | 44 | €20,858 | €25,989 | +€5,132 | +24.6% |
| Suppliers | 440/4 | €20,858 | €25,989 | +€5,132 | +24.6% |
| Taxes, remuneration and social security | 45 | €4,106 | €3,114 | -€992 | -24.2% |
| Taxes | 450/3 | €4,106 | €3,114 | -€992 | -24.2% |
| Other amounts payable | 47/48 | €84,512 | €63,444 | -€21,068 | -24.9% |
| Accrued charges and deferred income | 492/3 | €1,170 | €20,503 | +€19,333 | +1652.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,378 | €11,632 | +€5,254 | +82.4% |
| Other operating charges | 640/8 | €231 | €243 | +€12 | +5.4% |
| Gross operating margin | 9900 | €22,963 | €24,622 | +€1,660 | +7.2% |
| Operating profit (loss) | 9901 | €16,354 | €12,747 | -€3,607 | -22.1% |
| Financial charges | 65/66B | €61 | €320 | +€259 | +425.4% |
| Recurring financial charges | 65 | €61 | €320 | +€259 | +425.4% |
| Profit (loss) for the period before taxes | 9903 | €16,293 | €12,427 | -€3,866 | -23.7% |
| Income taxes | 67/77 | €4,106 | €3,114 | -€992 | -24.2% |
| Profit (loss) for the period | 9904 | €12,187 | €9,312 | -€2,875 | -23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,187 | €9,312 | -€2,875 | -23.6% |
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 9 October 2026 via checked.be.