HP NIVELLES: 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 NIVELLES
Largest movements
- Tangible fixed assets -€12,592
down €12,592 (-2.9%), from €432,047 to €419,455
- Debts after one year -€21,739
down €21,739 (-6.1%), from €358,370 to €336,631
- Profit (loss) carried forward +€8,712
up €8,712 (+22.4%), from €38,943 to €47,654
- Gross operating margin +€676
up €676 (+2.0%), from €34,407 to €35,082
- Financial charges -€469
down €469 (-6.4%), from €7,283 to €6,813
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 | €436,162 | €425,342 | -€10,820 | -2.5% |
| Fixed assets | 21/28 | €432,047 | €419,455 | -€12,592 | -2.9% |
| Tangible fixed assets | 22/27 | €432,047 | €419,455 | -€12,592 | -2.9% |
| Land and buildings | 22 | €432,047 | €419,455 | -€12,592 | -2.9% |
| Current assets | 29/58 | €4,115 | €5,886 | +€1,771 | +43.0% |
| Cash at bank and in hand | 54/58 | €3,390 | €5,151 | +€1,761 | +51.9% |
| Deferred charges and accrued income | 490/1 | €725 | €736 | +€11 | +1.5% |
| Total equity and liabilities | 10/49 | €436,162 | €425,342 | -€10,820 | -2.5% |
| Equity | 10/15 | €42,943 | €51,654 | +€8,712 | +20.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,943 | €47,654 | +€8,712 | +22.4% |
| Amounts payable | 17/49 | €393,219 | €373,687 | -€19,532 | -5.0% |
| Amounts payable after more than one year | 17 | €358,370 | €336,631 | -€21,739 | -6.1% |
| Financial debts | 170/4 | €358,370 | €336,631 | -€21,739 | -6.1% |
| Amounts payable within one year | 42/48 | €34,849 | €36,656 | +€1,807 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €26,266 | €26,739 | +€473 | +1.8% |
| Trade debts | 44 | €1,020 | €3,250 | +€2,231 | +219% |
| Suppliers | 440/4 | €1,020 | €3,250 | +€2,231 | +219% |
| Taxes, remuneration and social security | 45 | €7,063 | €6,167 | -€896 | -12.7% |
| Taxes | 450/3 | €7,063 | €6,167 | -€896 | -12.7% |
| Other amounts payable | 47/48 | €500 | €500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,592 | €12,592 | = | 0.0% |
| Other operating charges | 640/8 | €3,539 | €3,795 | +€256 | +7.2% |
| Gross operating margin | 9900 | €34,407 | €35,082 | +€676 | +2.0% |
| Operating profit (loss) | 9901 | €18,276 | €18,696 | +€420 | +2.3% |
| Financial charges | 65/66B | €7,283 | €6,813 | -€469 | -6.4% |
| Recurring financial charges | 65 | €7,283 | €6,813 | -€469 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €10,993 | €11,883 | +€890 | +8.1% |
| Income taxes | 67/77 | €2,996 | €3,171 | +€176 | +5.9% |
| Profit (loss) for the period | 9904 | €7,997 | €8,712 | +€714 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,997 | €8,712 | +€714 | +8.9% |
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 15 October 2026 via checked.be.