HP IMMO: 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.
HP IMMO
Largest movements
- Tangible fixed assets -€32,627
down €32,627 (-3.8%), from €852,531 to €819,904
of which Land and buildings: -€31,064
- Accrued charges and deferred income +€133,659
new in 2024: €133,659
- Other debts -€112,459
no longer reported in 2024 (was €112,459)
- Debts after one year -€41,199
down €41,199 (-6.0%), from €687,188 to €645,989
- Current portion of long-term debt -€27,779
down €27,779 (-10.0%), from €277,332 to €249,553
- Turnover +€72,000
new in 2024: €72,000
- Depreciation +€16,314
up €16,314 (+100.0%), from €16,313 to €32,627
- Purchases and services +€6,695
new in 2024: €6,695
- Other operating charges -€6,637
no longer reported in 2024 (was €6,637)
- Financial charges -€4,264
down €4,264 (-16.2%), from €26,349 to €22,085
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,170,806 | €1,131,077 | -€39,729 | -3.4% |
| Fixed assets | 21/28 | €852,741 | €820,114 | -€32,627 | -3.8% |
| Tangible fixed assets | 22/27 | €852,531 | €819,904 | -€32,627 | -3.8% |
| Land and buildings | 22 | €843,997 | €812,933 | -€31,064 | -3.7% |
| Plant, machinery and equipment | 23 | €8,534 | €6,971 | -€1,563 | -18.3% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €318,065 | €310,963 | -€7,102 | -2.2% |
| Amounts receivable within one year | 40/41 | €250,600 | €251,402 | +€802 | +0.3% |
| Other amounts receivable | 41 | €250,600 | €251,402 | +€802 | +0.3% |
| Cash at bank and in hand | 54/58 | €225 | €370 | +€145 | +64.4% |
| Deferred charges and accrued income | 490/1 | €67,240 | €59,191 | -€8,049 | -12.0% |
| Total equity and liabilities | 10/49 | €1,170,806 | €1,131,077 | -€39,729 | -3.4% |
| Equity | 10/15 | €70,888 | €78,595 | +€7,707 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,428 | €58,135 | +€7,707 | +15.3% |
| Amounts payable | 17/49 | €1,099,918 | €1,052,482 | -€47,436 | -4.3% |
| Amounts payable after more than one year | 17 | €687,188 | €645,989 | -€41,199 | -6.0% |
| Financial debts | 170/4 | €687,188 | €645,989 | -€41,199 | -6.0% |
| Amounts payable within one year | 42/48 | €412,730 | €272,834 | -€139,896 | -33.9% |
| Current portion of amounts payable after more than one year | 42 | €277,332 | €249,553 | -€27,779 | -10.0% |
| Trade debts | 44 | €17,685 | €15,140 | -€2,545 | -14.4% |
| Suppliers | 440/4 | €17,685 | €15,140 | -€2,545 | -14.4% |
| Taxes, remuneration and social security | 45 | €5,254 | €8,141 | +€2,887 | +54.9% |
| Taxes | 450/3 | €5,254 | - | -€5,254 | |
| Remuneration and social security | 454/9 | - | €8,141 | +€8,141 | |
| Other amounts payable | 47/48 | €112,459 | - | -€112,459 | |
| Accrued charges and deferred income | 492/3 | - | €133,659 | +€133,659 | |
| Turnover | 70 | - | €72,000 | +€72,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €6,695 | +€6,695 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,313 | €32,627 | +€16,314 | +100.0% |
| Other operating charges | 640/8 | €6,637 | - | -€6,637 | |
| Gross operating margin | 9900 | €68,987 | €65,306 | -€3,681 | -5.3% |
| Operating profit (loss) | 9901 | €46,037 | €32,679 | -€13,358 | -29.0% |
| Financial charges | 65/66B | €26,349 | €22,085 | -€4,264 | -16.2% |
| Recurring financial charges | 65 | €26,349 | €22,085 | -€4,264 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €19,688 | €10,594 | -€9,094 | -46.2% |
| Income taxes | 67/77 | €5,255 | €2,887 | -€2,368 | -45.1% |
| Profit (loss) for the period | 9904 | €14,433 | €7,707 | -€6,726 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,433 | €7,707 | -€6,726 | -46.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.