HOPPIPOLLA: 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.
HOPPIPOLLA
Largest movements
- Tangible fixed assets +€36,717
up €36,717 (+18.9%), from €194,369 to €231,086
of which Land and buildings: +€32,091
- Cash -€30,283
down €30,283 (-44.1%), from €68,668 to €38,385
mainly Investment in fixed assets (net) (-€44,771) and Other debts (-€9,988)
- Debts after one year +€21,747
up €21,747 (+14.8%), from €146,864 to €168,611
- Other debts -€9,988
down €9,988 (-100.0%), from €9,988 to €0
- Financial income -€70,659
down €70,659 (-99.9%), from €70,756 to €98
- Gross operating margin -€48,408
down €48,408 (-71.2%), from €67,995 to €19,586
- Taxes -€22,039
down €22,039 (-90.2%), from €24,424 to €2,386
- Financial charges -€2,794
down €2,794 (-36.2%), from €7,714 to €4,920
- Depreciation +€2,498
up €2,498 (+45.0%), from €5,555 to €8,054
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 | €357,322 | €366,491 | +€9,169 | +2.6% |
| Fixed assets | 21/28 | €262,031 | €298,748 | +€36,717 | +14.0% |
| Tangible fixed assets | 22/27 | €194,369 | €231,086 | +€36,717 | +18.9% |
| Land and buildings | 22 | €193,036 | €225,127 | +€32,091 | +16.6% |
| Furniture and vehicles | 24 | €1,333 | €5,959 | +€4,627 | +347.2% |
| Financial fixed assets | 28 | €67,662 | €67,662 | = | 0.0% |
| Current assets | 29/58 | €95,291 | €67,743 | -€27,548 | -28.9% |
| Amounts receivable within one year | 40/41 | €25,059 | €27,601 | +€2,542 | +10.1% |
| Trade receivables | 40 | €25,059 | €9,942 | -€15,117 | -60.3% |
| Other amounts receivable | 41 | €0 | €17,659 | +€17,659 | |
| Cash at bank and in hand | 54/58 | €68,668 | €38,385 | -€30,283 | -44.1% |
| Deferred charges and accrued income | 490/1 | €1,563 | €1,756 | +€193 | +12.3% |
| Total equity and liabilities | 10/49 | €357,322 | €366,491 | +€9,169 | +2.6% |
| Equity | 10/15 | €164,012 | €166,109 | +€2,097 | +1.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €163,912 | €166,009 | +€2,097 | +1.3% |
| Distributable reserves | 133 | €163,912 | €166,009 | +€2,097 | +1.3% |
| Amounts payable | 17/49 | €193,310 | €200,382 | +€7,072 | +3.7% |
| Amounts payable after more than one year | 17 | €146,864 | €168,611 | +€21,747 | +14.8% |
| Financial debts | 170/4 | €146,864 | €168,611 | +€21,747 | +14.8% |
| Amounts payable within one year | 42/48 | €43,534 | €31,771 | -€11,763 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €8,639 | €11,773 | +€3,134 | +36.3% |
| Financial debts | 43 | €3,039 | €662 | -€2,377 | -78.2% |
| Credit institutions | 430/8 | €3,039 | €662 | -€2,377 | -78.2% |
| Trade debts | 44 | €2,353 | €3,437 | +€1,083 | +46.0% |
| Suppliers | 440/4 | €2,353 | €3,437 | +€1,083 | +46.0% |
| Taxes, remuneration and social security | 45 | €19,514 | €15,900 | -€3,615 | -18.5% |
| Taxes | 450/3 | €19,514 | €15,900 | -€3,615 | -18.5% |
| Other amounts payable | 47/48 | €9,988 | €0 | -€9,988 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,912 | €0 | -€2,912 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,555 | €8,054 | +€2,498 | +45.0% |
| Other operating charges | 640/8 | €1,057 | €2,227 | +€1,170 | +110.6% |
| Gross operating margin | 9900 | €67,995 | €19,586 | -€48,408 | -71.2% |
| Operating profit (loss) | 9901 | €61,382 | €9,305 | -€52,077 | -84.8% |
| Financial income | 75/76B | €70,756 | €98 | -€70,659 | -99.9% |
| Recurring financial income | 75 | €70,756 | €98 | -€70,659 | -99.9% |
| Financial charges | 65/66B | €7,714 | €4,920 | -€2,794 | -36.2% |
| Recurring financial charges | 65 | €7,714 | €4,920 | -€2,794 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €124,424 | €4,483 | -€119,941 | -96.4% |
| Income taxes | 67/77 | €24,424 | €2,386 | -€22,039 | -90.2% |
| Profit (loss) for the period | 9904 | €100,000 | €2,097 | -€97,903 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €100,000 | €2,097 | -€97,903 | -97.9% |
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 3 October 2026 via checked.be.