Hoprom Projects: 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.
Hoprom Projects
Largest movements
- Stocks and contracts +€6.4m
up €6.4m (+310%), from €2.1m to €8.5m
- Cash +€2.0m
up €2.0m (+2,792%), from €72,361 to €2.1m
mainly Advances received (+€6.9m) and Other debts (+€1.5m)
- Receivables within one year +€812,002
up €812,002 (+3,445%), from €23,574 to €835,576
of which Trade receivables: +€835,576
- Advances received +€6.9m
up €6.9m (+3,186%), from €217,815 to €7.2m
- Other debts +€1.5m
up €1.5m (+110%), from €1.4m to €2.9m
- Trade debts +€514,207
up €514,207 (+174%), from €294,757 to €808,964
- Tax, wage and social debts +€272,152
up €272,152 (+92,130%), from €295 to €272,447
- Gross operating margin +€12,041
up €12,041 (+73.6%), from €16,355 to €28,396
- Financial income +€10,100
up €10,100 (+839%), from €1,204 to €11,304
- Taxes +€9,543
up €9,543 (+3,230%), from €295 to €9,838
- Financial charges +€1,678
up €1,678 (+267%), from €629 to €2,308
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 | €2,166,718 | €11,412,324 | +€9.2m | +427% |
| Current assets | 29/58 | €2,166,718 | €11,412,324 | +€9.2m | +427% |
| Stocks and contracts in progress | 3 | €2,070,783 | €8,484,025 | +€6.4m | +310% |
| Stocks | 30/36 | €2,070,783 | €8,484,025 | +€6.4m | +310% |
| Amounts receivable within one year | 40/41 | €23,574 | €835,576 | +€812,002 | +3,445% |
| Trade receivables | 40 | - | €835,576 | +€835,576 | |
| Other amounts receivable | 41 | €23,574 | €0 | -€23,574 | -100% |
| Cash at bank and in hand | 54/58 | €72,361 | €2,092,723 | +€2.0m | +2,792% |
| Total equity and liabilities | 10/49 | €2,166,718 | €11,412,324 | +€9.2m | +427% |
| Equity | 10/15 | €276,531 | €285,466 | +€8,935 | +3.2% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,531 | €10,466 | +€8,935 | +584% |
| Amounts payable | 17/49 | €1,890,187 | €11,126,858 | +€9.2m | +489% |
| Amounts payable within one year | 42/48 | €1,890,187 | €11,126,858 | +€9.2m | +489% |
| Trade debts | 44 | €294,757 | €808,964 | +€514,207 | +174% |
| Suppliers | 440/4 | €294,757 | €808,964 | +€514,207 | +174% |
| Advances received on contracts in progress | 46 | €217,815 | €7,156,348 | +€6.9m | +3,186% |
| Taxes, remuneration and social security | 45 | €295 | €272,447 | +€272,152 | +92,130% |
| Taxes | 450/3 | €295 | €272,447 | +€272,152 | +92,130% |
| Other amounts payable | 47/48 | €1,377,320 | €2,889,099 | +€1.5m | +110% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | - | €18,091 | +€18,091 | |
| Gross operating margin | 9900 | €16,355 | €28,396 | +€12,041 | +73.6% |
| Operating profit (loss) | 9901 | €15,841 | €9,777 | -€6,064 | -38.3% |
| Financial income | 75/76B | €1,204 | €11,304 | +€10,100 | +839% |
| Recurring financial income | 75 | €1,204 | €11,304 | +€10,100 | +839% |
| Financial charges | 65/66B | €629 | €2,308 | +€1,678 | +267% |
| Recurring financial charges | 65 | €629 | €2,308 | +€1,678 | +267% |
| Profit (loss) for the period before taxes | 9903 | €16,416 | €18,773 | +€2,357 | +14.4% |
| Income taxes | 67/77 | €295 | €9,838 | +€9,543 | +3,230% |
| Profit (loss) for the period | 9904 | €16,121 | €8,935 | -€7,186 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,121 | €8,935 | -€7,186 | -44.6% |
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 17 October 2026 via checked.be.