HP81: 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.
HP81
Largest movements
- Stocks and contracts +€121,370
new in 2024: €121,370
- Cash -€74,156
down €74,156 (-90.3%), from €82,153 to €7,998
mainly Stocks and contracts (-€121,370) and Receivables within one year (-€73,841)
- Receivables within one year +€73,841
up €73,841 (+26.8%), from €275,711 to €349,552
of which Other amounts receivable: +€146,020
- Tangible fixed assets -€14,800
no longer reported in 2024 (was €14,800)
- Trade debts +€117,942
up €117,942 (+974.5%), from €12,103 to €130,045
- Tax, wage and social debts -€19,482
down €19,482 (-48.8%), from €39,901 to €20,420
- Profit (loss) carried forward +€8,398
up €8,398 (+2.8%), from €298,362 to €306,759
- Gross operating margin -€137,288
down €137,288 (-62.1%), from €221,012 to €83,723
- Turnover -€133,332
down €133,332 (-17.8%), from €747,603 to €614,271
- Purchases and services -€40,668
down €40,668 (-7.0%), from €580,591 to €539,923
- Taxes +€34,948
up €34,948 (+153.2%), from €22,809 to €57,757
- Other operating charges +€14,680
up €14,680 (+899.1%), from €1,633 to €16,313
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 | €372,665 | €478,920 | +€106,255 | +28.5% |
| Fixed assets | 21/28 | €14,800 | - | -€14,800 | |
| Tangible fixed assets | 22/27 | €14,800 | - | -€14,800 | |
| Furniture and vehicles | 24 | €14,800 | - | -€14,800 | |
| Current assets | 29/58 | €357,865 | €478,920 | +€121,055 | +33.8% |
| Stocks and contracts in progress | 3 | - | €121,370 | +€121,370 | |
| Stocks | 30/36 | - | €121,370 | +€121,370 | |
| Amounts receivable within one year | 40/41 | €275,711 | €349,552 | +€73,841 | +26.8% |
| Trade receivables | 40 | €274,560 | €202,381 | -€72,179 | -26.3% |
| Other amounts receivable | 41 | €1,152 | €147,172 | +€146,020 | +12679.3% |
| Cash at bank and in hand | 54/58 | €82,153 | €7,998 | -€74,156 | -90.3% |
| Total equity and liabilities | 10/49 | €372,665 | €478,920 | +€106,255 | +28.5% |
| Equity | 10/15 | €303,362 | €311,759 | +€8,398 | +2.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €298,362 | €306,759 | +€8,398 | +2.8% |
| Amounts payable | 17/49 | €69,303 | €167,161 | +€97,858 | +141.2% |
| Amounts payable after more than one year | 17 | €16,072 | €12,656 | -€3,416 | -21.3% |
| Financial debts | 170/4 | €16,072 | €12,656 | -€3,416 | -21.3% |
| Amounts payable within one year | 42/48 | €53,232 | €154,505 | +€101,273 | +190.3% |
| Trade debts | 44 | €12,103 | €130,045 | +€117,942 | +974.5% |
| Suppliers | 440/4 | €12,103 | €130,045 | +€117,942 | +974.5% |
| Taxes, remuneration and social security | 45 | €39,901 | €20,420 | -€19,482 | -48.8% |
| Remuneration and social security | 454/9 | €39,901 | €20,420 | -€19,482 | -48.8% |
| Other amounts payable | 47/48 | €1,227 | €4,040 | +€2,813 | +229.3% |
| Turnover | 70 | €747,603 | €614,271 | -€133,332 | -17.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €580,591 | €539,923 | -€40,668 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,200 | - | -€7,200 | |
| Other operating charges | 640/8 | €1,633 | €16,313 | +€14,680 | +899.1% |
| Gross operating margin | 9900 | €221,012 | €83,723 | -€137,288 | -62.1% |
| Operating profit (loss) | 9901 | €212,179 | €67,410 | -€144,769 | -68.2% |
| Financial charges | 65/66B | €834 | €1,255 | +€421 | +50.5% |
| Recurring financial charges | 65 | €834 | €1,255 | +€421 | +50.5% |
| Profit (loss) for the period before taxes | 9903 | €211,345 | €66,155 | -€145,190 | -68.7% |
| Income taxes | 67/77 | €22,809 | €57,757 | +€34,948 | +153.2% |
| Profit (loss) for the period | 9904 | €188,536 | €8,398 | -€180,138 | -95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €188,536 | €8,398 | -€180,138 | -95.5% |
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 29 September 2026 via checked.be.