HOPTONE: 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.
HOPTONE
Largest movements
- Receivables within one year +€31,477
up €31,477 (+21.2%), from €148,252 to €179,728
of which Other amounts receivable: +€28,389
- Deferred charges and accrued income -€20,825
no longer reported in 2025 (was €20,825)
- Tangible fixed assets +€13,626
up €13,626 (+38.5%), from €35,437 to €49,064
of which Land and buildings: +€15,926
- Financial fixed assets +€10,000
up €10,000 (+1,000%), from €1,000 to €11,000
- Tax, wage and social debts +€17,194
up €17,194 (+137%), from €12,519 to €29,713
of which Taxes: +€12,194
- Debts after one year -€14,241
down €14,241 (-22.3%), from €63,759 to €49,518
- Trade debts +€13,359
up €13,359 (+60.9%), from €21,945 to €35,304
- Accrued charges and deferred income +€12,061
new in 2025: €12,061
- Gross operating margin -€16,012
down €16,012 (-43.7%), from €36,676 to €20,664
- Depreciation -€7,742
down €7,742 (-50.8%), from €15,237 to €7,495
- Financial income +€3,236
new in 2025: €3,236
- Taxes -€1,657
down €1,657 (-83.4%), from €1,987 to €330
- Financial charges +€1,267
up €1,267 (+11.8%), from €10,735 to €12,002
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 | €218,667 | €248,852 | +€30,185 | +13.8% |
| Fixed assets | 21/28 | €46,271 | €67,897 | +€21,626 | +46.7% |
| Intangible fixed assets | 21 | €9,833 | €7,833 | -€2,000 | -20.3% |
| Tangible fixed assets | 22/27 | €35,437 | €49,064 | +€13,626 | +38.5% |
| Land and buildings | 22 | - | €15,926 | +€15,926 | |
| Plant, machinery and equipment | 23 | €961 | €673 | -€288 | -30.0% |
| Furniture and vehicles | 24 | - | €2,665 | +€2,665 | |
| Other tangible fixed assets | 26 | €34,476 | €29,800 | -€4,676 | -13.6% |
| Financial fixed assets | 28 | €1,000 | €11,000 | +€10,000 | +1,000% |
| Current assets | 29/58 | €172,397 | €180,955 | +€8,559 | +5.0% |
| Amounts receivable within one year | 40/41 | €148,252 | €179,728 | +€31,477 | +21.2% |
| Trade receivables | 40 | €57,280 | €60,368 | +€3,087 | +5.4% |
| Other amounts receivable | 41 | €90,971 | €119,361 | +€28,389 | +31.2% |
| Cash at bank and in hand | 54/58 | €3,320 | €1,227 | -€2,093 | -63.0% |
| Deferred charges and accrued income | 490/1 | €20,825 | - | -€20,825 | |
| Total equity and liabilities | 10/49 | €218,667 | €248,852 | +€30,185 | +13.8% |
| Equity | 10/15 | €107,259 | €108,015 | +€756 | +0.7% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Reserves | 13 | €105,059 | €105,815 | +€756 | +0.7% |
| Distributable reserves | 133 | €105,059 | €105,815 | +€756 | +0.7% |
| Amounts payable | 17/49 | €111,408 | €140,837 | +€29,429 | +26.4% |
| Amounts payable after more than one year | 17 | €63,759 | €49,518 | -€14,241 | -22.3% |
| Financial debts | 170/4 | €63,759 | €49,518 | -€14,241 | -22.3% |
| Amounts payable within one year | 42/48 | €47,649 | €79,258 | +€31,609 | +66.3% |
| Current portion of amounts payable after more than one year | 42 | €13,185 | €14,241 | +€1,057 | +8.0% |
| Trade debts | 44 | €21,945 | €35,304 | +€13,359 | +60.9% |
| Suppliers | 440/4 | €21,945 | €35,304 | +€13,359 | +60.9% |
| Taxes, remuneration and social security | 45 | €12,519 | €29,713 | +€17,194 | +137% |
| Taxes | 450/3 | €12,519 | €24,713 | +€12,194 | +97.4% |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Accrued charges and deferred income | 492/3 | - | €12,061 | +€12,061 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,237 | €7,495 | -€7,742 | -50.8% |
| Other operating charges | 640/8 | €4,241 | €3,316 | -€926 | -21.8% |
| Gross operating margin | 9900 | €36,676 | €20,664 | -€16,012 | -43.7% |
| Operating profit (loss) | 9901 | €17,197 | €9,853 | -€7,344 | -42.7% |
| Financial income | 75/76B | - | €3,236 | +€3,236 | |
| Recurring financial income | 75 | - | €3,236 | +€3,236 | |
| Financial charges | 65/66B | €10,735 | €12,002 | +€1,267 | +11.8% |
| Recurring financial charges | 65 | €10,735 | €12,002 | +€1,267 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €6,462 | €1,087 | -€5,375 | -83.2% |
| Income taxes | 67/77 | €1,987 | €330 | -€1,657 | -83.4% |
| Profit (loss) for the period | 9904 | €4,475 | €756 | -€3,718 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,475 | €756 | -€3,718 | -83.1% |
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 31 October 2026 via checked.be.