HP SERVICES: 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 SERVICES
Largest movements
- Receivables within one year -€27,282
down €27,282 (-85.5%), from €31,898 to €4,616
of which Other amounts receivable: -€28,635
- Cash +€26,257
up €26,257 (+1467.6%), from €1,789 to €28,046
mainly Receivables within one year (+€27,282) and Depreciation (+€26,706)
- Tangible fixed assets -€9,429
down €9,429 (-3.4%), from €274,468 to €265,039
of which Land and buildings: -€17,166
- Reserves -€19,736
down €19,736 (-6.9%), from €285,445 to €265,708
of which Distributable reserves: -€19,736
- Other debts +€7,526
new in 2025: €7,526
- Depreciation +€7,819
up €7,819 (+41.4%), from €18,887 to €26,706
- Taxes -€2,754
down €2,754 (-31.3%), from €8,808 to €6,054
- Gross operating margin -€1,629
down €1,629 (-3.5%), from €46,465 to €44,836
- Financial income -€1,372
no longer reported in 2025 (was €1,372)
- Financial charges -€1,350
down €1,350 (-87.3%), from €1,546 to €197
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 | €308,235 | €297,718 | -€10,517 | -3.4% |
| Fixed assets | 21/28 | €274,468 | €265,039 | -€9,429 | -3.4% |
| Tangible fixed assets | 22/27 | €274,468 | €265,039 | -€9,429 | -3.4% |
| Land and buildings | 22 | €270,845 | €253,679 | -€17,166 | -6.3% |
| Plant, machinery and equipment | 23 | €1,529 | - | -€1,529 | |
| Furniture and vehicles | 24 | €2,094 | €11,361 | +€9,266 | +442.5% |
| Current assets | 29/58 | €33,767 | €32,679 | -€1,088 | -3.2% |
| Amounts receivable within one year | 40/41 | €31,898 | €4,616 | -€27,282 | -85.5% |
| Trade receivables | 40 | - | €1,353 | +€1,353 | |
| Other amounts receivable | 41 | €31,898 | €3,262 | -€28,635 | -89.8% |
| Cash at bank and in hand | 54/58 | €1,789 | €28,046 | +€26,257 | +1467.6% |
| Deferred charges and accrued income | 490/1 | €80 | €17 | -€63 | -79.2% |
| Total equity and liabilities | 10/49 | €308,235 | €297,718 | -€10,517 | -3.4% |
| Equity | 10/15 | €304,047 | €284,308 | -€19,739 | -6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €285,445 | €265,708 | -€19,736 | -6.9% |
| Tax-exempt reserves | 132 | €19,061 | €19,061 | = | 0.0% |
| Distributable reserves | 133 | €266,384 | €246,648 | -€19,736 | -7.4% |
| Profit (loss) carried forward | 14 | €3 | - | -€3 | |
| Amounts payable | 17/49 | €4,188 | €13,410 | +€9,222 | +220.2% |
| Amounts payable within one year | 42/48 | €4,188 | €13,410 | +€9,222 | +220.2% |
| Trade debts | 44 | €436 | €2,078 | +€1,642 | +376.7% |
| Suppliers | 440/4 | €436 | €2,078 | +€1,642 | +376.7% |
| Taxes, remuneration and social security | 45 | €3,752 | €3,805 | +€54 | +1.4% |
| Taxes | 450/3 | €3,752 | €3,805 | +€54 | +1.4% |
| Other amounts payable | 47/48 | - | €7,526 | +€7,526 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,887 | €26,706 | +€7,819 | +41.4% |
| Other operating charges | 640/8 | €1,583 | €1,618 | +€35 | +2.2% |
| Gross operating margin | 9900 | €46,465 | €44,836 | -€1,629 | -3.5% |
| Operating profit (loss) | 9901 | €25,995 | €16,512 | -€9,483 | -36.5% |
| Financial income | 75/76B | €1,372 | - | -€1,372 | |
| Recurring financial income | 75 | €1,372 | - | -€1,372 | |
| Financial charges | 65/66B | €1,546 | €197 | -€1,350 | -87.3% |
| Recurring financial charges | 65 | €1,546 | €197 | -€1,350 | -87.3% |
| Profit (loss) for the period before taxes | 9903 | €25,821 | €16,315 | -€9,506 | -36.8% |
| Income taxes | 67/77 | €8,808 | €6,054 | -€2,754 | -31.3% |
| Profit (loss) for the period | 9904 | €17,013 | €10,261 | -€6,752 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,013 | €10,261 | -€6,752 | -39.7% |
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 8 October 2026 via checked.be.