HOPROM CONSTRUCT: 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.
HOPROM CONSTRUCT
Largest movements
- Receivables within one year +€1.7m
up €1.7m (+51.2%), from €3.2m to €4.9m
of which Trade receivables: +€2.3m
- Stocks and contracts +€501,839
up €501,839 (+16.9%), from €3.0m to €3.5m
of which Stocks: +€651,795
- Cash +€198,583
up €198,583 (+28.1%), from €707,588 to €906,171
mainly Advances received (+€1.5m) and Net result for the year (+€896,971)
- Advances received +€1.5m
up €1.5m (+708.1%), from €213,789 to €1.7m
- Profit (loss) carried forward +€896,971
up €896,971 (+24.8%), from €3.6m to €4.5m
- Trade debts -€123,254
down €123,254 (-5.6%), from €2.2m to €2.1m
- Gross operating margin +€221,502
up €221,502 (+21.4%), from €1.0m to €1.3m
- Financial income -€124,874
down €124,874 (-83.2%), from €150,176 to €25,302
- Taxes +€24,677
up €24,677 (+8.3%), from €297,495 to €322,172
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 | €6,911,103 | €9,282,825 | +€2.4m | +34.3% |
| Fixed assets | 21/28 | €3,486 | €2,363 | -€1,123 | -32.2% |
| Tangible fixed assets | 22/27 | €3,486 | €2,363 | -€1,123 | -32.2% |
| Furniture and vehicles | 24 | €3,486 | €2,363 | -€1,123 | -32.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €6,907,618 | €9,280,463 | +€2.4m | +34.4% |
| Stocks and contracts in progress | 3 | €2,961,159 | €3,462,998 | +€501,839 | +16.9% |
| Stocks | 30/36 | €2,811,203 | €3,462,998 | +€651,795 | +23.2% |
| Contracts in progress | 37 | €149,956 | €0 | -€149,956 | -100.0% |
| Amounts receivable within one year | 40/41 | €3,238,871 | €4,895,972 | +€1.7m | +51.2% |
| Trade receivables | 40 | €2,566,702 | €4,895,972 | +€2.3m | +90.7% |
| Other amounts receivable | 41 | €672,169 | €0 | -€672,169 | -100.0% |
| Cash at bank and in hand | 54/58 | €707,588 | €906,171 | +€198,583 | +28.1% |
| Deferred charges and accrued income | 490/1 | - | €15,322 | +€15,322 | |
| Total equity and liabilities | 10/49 | €6,911,103 | €9,282,825 | +€2.4m | +34.3% |
| Equity | 10/15 | €3,632,564 | €4,529,536 | +€896,971 | +24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,612,104 | €4,509,076 | +€896,971 | +24.8% |
| Amounts payable | 17/49 | €3,278,539 | €4,753,290 | +€1.5m | +45.0% |
| Amounts payable within one year | 42/48 | €3,278,539 | €4,753,290 | +€1.5m | +45.0% |
| Trade debts | 44 | €2,196,041 | €2,072,786 | -€123,254 | -5.6% |
| Suppliers | 440/4 | €2,196,041 | €2,072,786 | -€123,254 | -5.6% |
| Advances received on contracts in progress | 46 | €213,789 | €1,727,593 | +€1.5m | +708.1% |
| Taxes, remuneration and social security | 45 | €118,710 | €199,109 | +€80,399 | +67.7% |
| Taxes | 450/3 | €118,710 | €199,109 | +€80,399 | +67.7% |
| Other amounts payable | 47/48 | €750,000 | €753,801 | +€3,801 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €622 | €514 | -€109 | -17.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €1,454 | €1,214 | -€240 | -16.5% |
| Non-recurring operating charges | 66A | - | €53,917 | +€53,917 | |
| Gross operating margin | 9900 | €1,033,176 | €1,254,678 | +€221,502 | +21.4% |
| Operating profit (loss) | 9901 | €1,031,099 | €1,199,034 | +€167,934 | +16.3% |
| Financial income | 75/76B | €150,176 | €25,302 | -€124,874 | -83.2% |
| Recurring financial income | 75 | €150,176 | €25,302 | -€124,874 | -83.2% |
| Financial charges | 65/66B | €1,603 | €5,193 | +€3,589 | +223.9% |
| Recurring financial charges | 65 | €1,603 | €5,193 | +€3,589 | +223.9% |
| Profit (loss) for the period before taxes | 9903 | €1,179,673 | €1,219,144 | +€39,471 | +3.3% |
| Income taxes | 67/77 | €297,495 | €322,172 | +€24,677 | +8.3% |
| Profit (loss) for the period | 9904 | €882,178 | €896,971 | +€14,794 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €882,178 | €896,971 | +€14,794 | +1.7% |
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 8 October 2026 via checked.be.