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HopSaké: 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.

What changed

HopSaké

BE 0694.875.237
NACE 70.200, Business and other management consultancy
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
-€4,392
2025 · €6,975-€11,367
Equity
€21,183
2025 · €25,575-€4,392
Cash
€257
2025 · -+€257
Balance sheet total
€30,417
2025 · €28,581+€1,836

Largest movements

2025 to 2026
Assets
  • Receivables within one year +€3,680

    up €3,680 (+22.1%), from €16,676 to €20,355

    of which Trade receivables: +€13,701

  • Stocks and contracts -€1,497

    down €1,497 (-29.6%), from €5,049 to €3,553

  • Tangible fixed assets -€866

    down €866 (-24.9%), from €3,476 to €2,610

    of which Furniture and vehicles: -€560

Equity and liabilities
  • Profit (loss) carried forward -€6,975

    down €6,975 (-100.0%), from €6,975 to €0

  • Other debts +€4,804

    up €4,804, from €0 to €4,804

  • Reserves +€2,583

    new in 2026: €2,583

  • Trade debts +€1,554

    up €1,554 (+122.8%), from €1,265 to €2,819

  • Short-term financial debts -€409

    down €409 (-55.4%), from €738 to €329

    of which Other loans: -€738

Income statement
  • Gross operating margin -€6,679

    down €6,679 (-62.5%), from €10,693 to €4,013

  • Taxes +€3,141

    up €3,141 (+101.2%), from €3,104 to €6,245

  • Financial income -€2,986

    down €2,986 (-99.0%), from €3,017 to €31

  • Depreciation -€1,352

    down €1,352 (-48.0%), from €2,818 to €1,466

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 €6,975
Gross operating margin -€6,679
Depreciation +€1,352
Other operating charges +€69
Financial income -€2,986
Financial charges +€18
Taxes -€3,141
Result 2026 -€4,392

Cash bridge derived

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€1,267
Investment -€601
Financing -€409
Cash 2025 €0
Net result for the year -€4,392
Depreciation +€1,466
Stocks and contracts +€1,497
Receivables within one year -€3,680
Deferred charges and accrued income -€262
Trade debts +€1,554
Tax, wage and social debts +€279
Other debts +€4,804
Investment in fixed assets (net) -€601
Short-term financial debts -€409
Cash 2026 €257
Every line side by side 44 lines
Line Code 2025 2026 Change %
Total assets 20/58 €28,581 €30,417 +€1,836 +6.4%
Fixed assets 21/28 €3,476 €2,610 -€866 -24.9%
Tangible fixed assets 22/27 €3,476 €2,610 -€866 -24.9%
Plant, machinery and equipment 23 €868 €562 -€306 -35.2%
Furniture and vehicles 24 €2,608 €2,048 -€560 -21.5%
Current assets 29/58 €25,105 €27,807 +€2,702 +10.8%
Amounts receivable after more than one year 29 €0 - =
Other amounts receivable 291 €0 - =
Stocks and contracts in progress 3 €5,049 €3,553 -€1,497 -29.6%
Stocks 30/36 €5,049 €3,553 -€1,497 -29.6%
Amounts receivable within one year 40/41 €16,676 €20,355 +€3,680 +22.1%
Trade receivables 40 €5,710 €19,410 +€13,701 +240.0%
Other amounts receivable 41 €10,966 €945 -€10,021 -91.4%
Cash at bank and in hand 54/58 - €257 +€257
Deferred charges and accrued income 490/1 €3,380 €3,642 +€262 +7.8%
Total equity and liabilities 10/49 €28,581 €30,417 +€1,836 +6.4%
Equity 10/15 €25,575 €21,183 -€4,392 -17.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 - €2,583 +€2,583
Distributable reserves 133 - €2,583 +€2,583
Profit (loss) carried forward 14 €6,975 €0 -€6,975 -100.0%
Amounts payable 17/49 €3,006 €9,234 +€6,228 +207.2%
Amounts payable within one year 42/48 €3,006 €9,234 +€6,228 +207.2%
Financial debts 43 €738 €329 -€409 -55.4%
Credit institutions 430/8 €0 €329 +€329
Other loans 439 €738 €0 -€738 -100.0%
Trade debts 44 €1,265 €2,819 +€1,554 +122.8%
Suppliers 440/4 €1,265 €2,819 +€1,554 +122.8%
Taxes, remuneration and social security 45 €1,003 €1,282 +€279 +27.8%
Taxes 450/3 €1,003 €1,282 +€279 +27.8%
Other amounts payable 47/48 €0 €4,804 +€4,804
Accrued charges and deferred income 492/3 €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,818 €1,466 -€1,352 -48.0%
Other operating charges 640/8 €717 €647 -€69 -9.7%
Gross operating margin 9900 €10,693 €4,013 -€6,679 -62.5%
Operating profit (loss) 9901 €7,158 €1,900 -€5,258 -73.5%
Financial income 75/76B €3,017 €31 -€2,986 -99.0%
Recurring financial income 75 €3,017 €31 -€2,986 -99.0%
Financial charges 65/66B €96 €78 -€18 -19.2%
Recurring financial charges 65 €96 €78 -€18 -19.2%
Profit (loss) for the period before taxes 9903 €10,079 €1,853 -€8,226 -81.6%
Income taxes 67/77 €3,104 €6,245 +€3,141 +101.2%
Profit (loss) for the period 9904 €6,975 -€4,392 -€11,367
Profit (loss) for the period to be appropriated 9905 €6,975 -€4,392 -€11,367

Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.