HP AUTOMOTIVE: 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.
HP AUTOMOTIVE
Largest movements
- Stocks and contracts +€75,720
up €75,720 (+34.3%), from €220,940 to €296,660
- Cash +€48,780
up €48,780 (+13,712%), from €356 to €49,136
mainly Debts after one year (+€140,543) and Short-term financial debts (+€110,000)
- Receivables within one year +€23,861
up €23,861 (+54.6%), from €43,712 to €67,573
of which Trade receivables: +€16,466
- Tangible fixed assets -€8,187
down €8,187 (-23.5%), from €34,875 to €26,688
of which Plant, machinery and equipment: -€9,300
- Debts after one year +€140,543
up €140,543 (+207%), from €67,795 to €208,337
of which Other amounts payable: +€150,000
- Other debts -€110,173
down €110,173 (-87.6%), from €125,830 to €15,656
- Short-term financial debts +€110,000
new in 2025: €110,000
- Profit (loss) carried forward +€26,312
up €26,312 (+316%), from €8,320 to €34,632
- Trade debts -€25,757
down €25,757 (-54.0%), from €47,728 to €21,971
- Gross operating margin +€14,063
up €14,063 (+41.6%), from €33,780 to €47,843
- Taxes +€6,848
up €6,848 (+247%), from €2,769 to €9,617
- Other operating charges -€2,139
down €2,139 (-78.1%), from €2,738 to €599
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 | €299,883 | €440,057 | +€140,174 | +46.7% |
| Fixed assets | 21/28 | €34,875 | €26,688 | -€8,187 | -23.5% |
| Tangible fixed assets | 22/27 | €34,875 | €26,688 | -€8,187 | -23.5% |
| Plant, machinery and equipment | 23 | €34,875 | €25,575 | -€9,300 | -26.7% |
| Furniture and vehicles | 24 | - | €1,113 | +€1,113 | |
| Current assets | 29/58 | €265,008 | €413,368 | +€148,360 | +56.0% |
| Stocks and contracts in progress | 3 | €220,940 | €296,660 | +€75,720 | +34.3% |
| Stocks | 30/36 | €220,940 | €296,660 | +€75,720 | +34.3% |
| Amounts receivable within one year | 40/41 | €43,712 | €67,573 | +€23,861 | +54.6% |
| Trade receivables | 40 | €21,107 | €37,573 | +€16,466 | +78.0% |
| Other amounts receivable | 41 | €22,605 | €30,000 | +€7,395 | +32.7% |
| Cash at bank and in hand | 54/58 | €356 | €49,136 | +€48,780 | +13,712% |
| Total equity and liabilities | 10/49 | €299,883 | €440,057 | +€140,174 | +46.7% |
| Equity | 10/15 | €28,320 | €54,632 | +€26,312 | +92.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,320 | €34,632 | +€26,312 | +316% |
| Amounts payable | 17/49 | €271,563 | €385,425 | +€113,862 | +41.9% |
| Amounts payable after more than one year | 17 | €67,795 | €208,337 | +€140,543 | +207% |
| Financial debts | 170/4 | €27,795 | €18,337 | -€9,457 | -34.0% |
| Other amounts payable | 178/9 | €40,000 | €190,000 | +€150,000 | +375% |
| Amounts payable within one year | 42/48 | €203,768 | €177,087 | -€26,681 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €9,092 | €9,457 | +€366 | +4.0% |
| Financial debts | 43 | - | €110,000 | +€110,000 | |
| Credit institutions | 430/8 | - | €110,000 | +€110,000 | |
| Trade debts | 44 | €47,728 | €21,971 | -€25,757 | -54.0% |
| Suppliers | 440/4 | €47,728 | €21,971 | -€25,757 | -54.0% |
| Advances received on contracts in progress | 46 | €18,350 | - | -€18,350 | |
| Taxes, remuneration and social security | 45 | €2,769 | €20,003 | +€17,234 | +622% |
| Taxes | 450/3 | €2,769 | €17,003 | +€14,234 | +514% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €125,830 | €15,656 | -€110,173 | -87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,300 | €9,569 | +€269 | +2.9% |
| Other operating charges | 640/8 | €2,738 | €599 | -€2,139 | -78.1% |
| Gross operating margin | 9900 | €33,780 | €47,843 | +€14,063 | +41.6% |
| Operating profit (loss) | 9901 | €21,742 | €37,675 | +€15,933 | +73.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -75.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -75.0% |
| Financial charges | 65/66B | €1,696 | €1,745 | +€49 | +2.9% |
| Recurring financial charges | 65 | €1,696 | €1,745 | +€49 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €20,046 | €35,929 | +€15,884 | +79.2% |
| Income taxes | 67/77 | €2,769 | €9,617 | +€6,848 | +247% |
| Profit (loss) for the period | 9904 | €17,277 | €26,312 | +€9,035 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,277 | €26,312 | +€9,035 | +52.3% |
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 28 October 2026 via checked.be.