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
- Cash +€7,788
up €7,788 (+1777.4%), from €438 to €8,227
mainly Net result for the year (+€13,619) and Trade debts (+€366)
- Receivables within one year +€696
up €696 (+4143.9%), from €17 to €713
- Profit (loss) carried forward +€13,619
up €13,619 (+85.3%), from -€15,963 to -€2,344
- Other debts -€5,500
no longer reported in 2025 (was €5,500)
- Trade debts +€366
up €366 (+39.8%), from €918 to €1,284
- Gross operating margin +€22,741
up €22,741, from -€8,948 to €13,793
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.
Cash bridge derived
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 | €455 | €8,940 | +€8,485 | +1864.7% |
| Current assets | 29/58 | €455 | €8,940 | +€8,485 | +1864.7% |
| Amounts receivable within one year | 40/41 | €17 | €713 | +€696 | +4143.9% |
| Other amounts receivable | 41 | €17 | €713 | +€696 | +4143.9% |
| Cash at bank and in hand | 54/58 | €438 | €8,227 | +€7,788 | +1777.4% |
| Total equity and liabilities | 10/49 | €455 | €8,940 | +€8,485 | +1864.7% |
| Equity | 10/15 | -€5,963 | €7,656 | +€13,619 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,963 | -€2,344 | +€13,619 | +85.3% |
| Amounts payable | 17/49 | €6,418 | €1,284 | -€5,134 | -80.0% |
| Amounts payable within one year | 42/48 | €6,418 | €1,284 | -€5,134 | -80.0% |
| Trade debts | 44 | €918 | €1,284 | +€366 | +39.8% |
| Suppliers | 440/4 | €918 | €1,284 | +€366 | +39.8% |
| Other amounts payable | 47/48 | €5,500 | - | -€5,500 | |
| Other operating charges | 640/8 | - | €130 | +€130 | |
| Gross operating margin | 9900 | -€8,948 | €13,793 | +€22,741 | |
| Operating profit (loss) | 9901 | -€8,948 | €13,664 | +€22,612 | |
| Financial charges | 65/66B | €51 | €45 | -€6 | -11.8% |
| Recurring financial charges | 65 | €51 | €45 | -€6 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,999 | €13,619 | +€22,618 | |
| Profit (loss) for the period | 9904 | -€8,999 | €13,619 | +€22,618 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,999 | €13,619 | +€22,618 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.