HP HOME PROJECT: what changed
HP HOME PROJECT
Largest movements
- Tangible fixed assets -€9,749
down €9,749 (-42.8%), from €22,779 to €13,030
of which Furniture and vehicles: -€9,045
- Cash +€4,837
up €4,837 (+24.7%), from €19,571 to €24,408
mainly Other debts (+€24,114) and Depreciation (+€9,749)
- Deferred charges and accrued income -€1,721
down €1,721 (-35.2%), from €4,887 to €3,167
- Receivables within one year -€1,122
down €1,122 (-13.6%), from €8,275 to €7,153
of which Trade receivables: -€1,938
- Other debts +€24,114
up €24,114 (+4,920%), from €490 to €24,604
- Reserves -€22,618
no longer reported in 2025 (was €22,618)
- Debts after one year -€6,005
down €6,005 (-38.7%), from €15,514 to €9,508
- Current portion of long-term debt -€4,166
down €4,166 (-41.0%), from €10,172 to €6,005
- Tax, wage and social debts +€2,000
new in 2025: €2,000
- Gross operating margin +€21,075
up €21,075, from -€7,538 to €13,536
- Financial charges -€557
down €557 (-22.3%), from €2,496 to €1,939
- Depreciation -€550
down €550 (-5.3%), from €10,298 to €9,749
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,556 | €47,802 | -€7,755 | -14.0% |
| Fixed assets | 21/28 | €22,824 | €13,075 | -€9,749 | -42.7% |
| Tangible fixed assets | 22/27 | €22,779 | €13,030 | -€9,749 | -42.8% |
| Plant, machinery and equipment | 23 | €895 | €192 | -€704 | -78.6% |
| Furniture and vehicles | 24 | €21,883 | €12,838 | -€9,045 | -41.3% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €32,733 | €34,727 | +€1,994 | +6.1% |
| Amounts receivable within one year | 40/41 | €8,275 | €7,153 | -€1,122 | -13.6% |
| Trade receivables | 40 | €1,938 | - | -€1,938 | |
| Other amounts receivable | 41 | €6,337 | €7,153 | +€816 | +12.9% |
| Cash at bank and in hand | 54/58 | €19,571 | €24,408 | +€4,837 | +24.7% |
| Deferred charges and accrued income | 490/1 | €4,887 | €3,167 | -€1,721 | -35.2% |
| Total equity and liabilities | 10/49 | €55,556 | €47,802 | -€7,755 | -14.0% |
| Equity | 10/15 | €27,618 | €5,000 | -€22,618 | -81.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,618 | - | -€22,618 | |
| Distributable reserves | 133 | €22,618 | - | -€22,618 | |
| Amounts payable | 17/49 | €27,938 | €42,802 | +€14,864 | +53.2% |
| Amounts payable after more than one year | 17 | €15,514 | €9,508 | -€6,005 | -38.7% |
| Financial debts | 170/4 | €15,514 | €9,508 | -€6,005 | -38.7% |
| Amounts payable within one year | 42/48 | €12,425 | €33,294 | +€20,869 | +168% |
| Current portion of amounts payable after more than one year | 42 | €10,172 | €6,005 | -€4,166 | -41.0% |
| Trade debts | 44 | €1,763 | €685 | -€1,078 | -61.2% |
| Suppliers | 440/4 | €1,763 | €685 | -€1,078 | -61.2% |
| Taxes, remuneration and social security | 45 | - | €2,000 | +€2,000 | |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €490 | €24,604 | +€24,114 | +4,920% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,298 | €9,749 | -€550 | -5.3% |
| Other operating charges | 640/8 | €730 | €683 | -€47 | -6.4% |
| Gross operating margin | 9900 | -€7,538 | €13,536 | +€21,075 | |
| Operating profit (loss) | 9901 | -€18,567 | €3,105 | +€21,671 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,496 | €1,939 | -€557 | -22.3% |
| Recurring financial charges | 65 | €2,496 | €1,939 | -€557 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,062 | €1,166 | +€22,228 | |
| Profit (loss) for the period | 9904 | -€21,062 | €1,166 | +€22,228 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,062 | €1,166 | +€22,228 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.