HP MOTOREN: what changed
What changed
HP MOTOREN
NACE 47.830, Retail sale of motorcycles and motorcycle parts and accessories
filed annual accounts (NBB)
Net result for the year
€10,618
2024 · €20,313-€9,695
Equity
€98,364
2024 · €87,746+€10,618
Cash
€329
2024 · €2,286-€1,958
Balance sheet total
€229,977
2024 · €215,740+€14,237
Largest movements
Assets
- Tangible fixed assets +€11,413
up €11,413 (+90.3%), from €12,640 to €24,054
of which Furniture and vehicles: +€9,471
- Receivables within one year +€3,584
up €3,584 (+2.9%), from €125,372 to €128,957
of which Other amounts receivable: +€3,764
Equity and liabilities
- Current portion of long-term debt -€45,798
down €45,798 (-38.5%), from €119,000 to €73,202
- Debts after one year +€44,749
new in 2025: €44,749
- Profit (loss) carried forward +€10,618
up €10,618 (+38.2%), from €27,796 to €38,414
Income statement
- Gross operating margin -€15,826
down €15,826 (-43.4%), from €36,436 to €20,610
- Financial charges -€5,766
down €5,766 (-37.9%), from €15,233 to €9,467
- Depreciation -€1,414
down €1,414 (-35.5%), from €3,988 to €2,574
- Staff costs +€908
up €908 (+139%), from €653 to €1,562
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.
Result 2024
€20,313
Gross operating margin
-€15,826
Staff costs
-€908
Depreciation
+€1,414
Other operating charges
+€82
Other operating items
-€500
Financial income
+€277
Financial charges
+€5,766
Result 2025
€10,618
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€12,297
Investment
-€13,987
Financing
-€267
Cash 2024
€2,286
From operations (derived)
+€12,297
Net result for the year
+€10,618
Depreciation
+€2,574
Stocks and contracts
-€1,152
Receivables within one year
-€3,584
Deferred charges and accrued income
-€44
Trade debts
+€787
Tax, wage and social debts
+€2,005
Advances received
+€1,983
Accrued charges and deferred income
-€889
Investment (derived)
-€13,987
Investment in fixed assets (net)
-€13,987
Financing
-€267
Debts after one year
+€44,749
Current portion of long-term debt
-€45,798
Short-term financial debts
+€781
Cash 2025
€329
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €215,740 | €229,977 | +€14,237 | +6.6% |
| Fixed assets | 21/28 | €13,396 | €24,810 | +€11,413 | +85.2% |
| Tangible fixed assets | 22/27 | €12,640 | €24,054 | +€11,413 | +90.3% |
| Land and buildings | 22 | €6,864 | €9,083 | +€2,219 | +32.3% |
| Plant, machinery and equipment | 23 | €766 | €489 | -€277 | -36.2% |
| Furniture and vehicles | 24 | €5,011 | €14,482 | +€9,471 | +189% |
| Financial fixed assets | 28 | €756 | €756 | = | 0.0% |
| Current assets | 29/58 | €202,344 | €205,167 | +€2,824 | +1.4% |
| Stocks and contracts in progress | 3 | €74,448 | €75,601 | +€1,152 | +1.5% |
| Stocks | 30/36 | €74,448 | €75,601 | +€1,152 | +1.5% |
| Amounts receivable within one year | 40/41 | €125,372 | €128,957 | +€3,584 | +2.9% |
| Trade receivables | 40 | €180 | €0 | -€180 | -100% |
| Other amounts receivable | 41 | €125,192 | €128,957 | +€3,764 | +3.0% |
| Cash at bank and in hand | 54/58 | €2,286 | €329 | -€1,958 | -85.6% |
| Deferred charges and accrued income | 490/1 | €237 | €281 | +€44 | +18.7% |
| Total equity and liabilities | 10/49 | €215,740 | €229,977 | +€14,237 | +6.6% |
| Equity | 10/15 | €87,746 | €98,364 | +€10,618 | +12.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €9,950 | €9,950 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,950 | €4,950 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,796 | €38,414 | +€10,618 | +38.2% |
| Amounts payable | 17/49 | €127,994 | €131,613 | +€3,619 | +2.8% |
| Amounts payable after more than one year | 17 | - | €44,749 | +€44,749 | |
| Financial debts | 170/4 | - | €44,749 | +€44,749 | |
| Amounts payable within one year | 42/48 | €125,492 | €85,250 | -€40,242 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €119,000 | €73,202 | -€45,798 | -38.5% |
| Financial debts | 43 | €244 | €1,025 | +€781 | +321% |
| Credit institutions | 430/8 | €244 | €1,025 | +€781 | +321% |
| Trade debts | 44 | €3,173 | €3,960 | +€787 | +24.8% |
| Suppliers | 440/4 | €3,173 | €3,960 | +€787 | +24.8% |
| Advances received on contracts in progress | 46 | €3,075 | €5,058 | +€1,983 | +64.5% |
| Taxes, remuneration and social security | 45 | €0 | €2,005 | +€2,005 | |
| Taxes | 450/3 | €0 | €1,255 | +€1,255 | |
| Remuneration and social security | 454/9 | - | €750 | +€750 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,502 | €1,614 | -€889 | -35.5% |
| Non-recurring operating income | 76A | €207 | €4,907 | +€4,700 | +2,275% |
| Remuneration, social security and pensions | 62 | €653 | €1,562 | +€908 | +139% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,988 | €2,574 | -€1,414 | -35.5% |
| Other operating charges | 640/8 | €1,043 | €962 | -€82 | -7.8% |
| Non-recurring operating charges | 66A | €0 | €500 | +€500 | |
| Gross operating margin | 9900 | €36,436 | €20,610 | -€15,826 | -43.4% |
| Operating profit (loss) | 9901 | €30,751 | €15,013 | -€15,738 | -51.2% |
| Financial income | 75/76B | €4,795 | €5,072 | +€277 | +5.8% |
| Recurring financial income | 75 | €4,795 | €5,072 | +€277 | +5.8% |
| Financial charges | 65/66B | €15,233 | €9,467 | -€5,766 | -37.9% |
| Recurring financial charges | 65 | €15,233 | €9,467 | -€5,766 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €20,313 | €10,618 | -€9,695 | -47.7% |
| Profit (loss) for the period | 9904 | €20,313 | €10,618 | -€9,695 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,313 | €10,618 | -€9,695 | -47.7% |
Next steps
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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 6 November 2026 via checked.be.