HPB GENK BV: what changed
What changed
HPB GENK BV
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€5,368
2024 · €55,337-€49,969
Equity
€153,973
2024 · €148,606+€5,368
Cash
€91,990
2024 · €44,591+€47,399
Balance sheet total
€534,640
2024 · €583,670-€49,029
Largest movements
Assets
- Tangible fixed assets -€81,726
down €81,726 (-24.0%), from €340,088 to €258,362
of which Other tangible fixed assets: -€57,736
- Cash +€47,399
up €47,399 (+106%), from €44,591 to €91,990
mainly Depreciation (+€89,441) and Other debts (+€85,088)
- Financial fixed assets -€25,444
down €25,444 (-46.7%), from €54,450 to €29,005
- Receivables within one year +€12,563
up €12,563 (+11.5%), from €109,127 to €121,690
of which Other amounts receivable: +€20,121
Equity and liabilities
- Trade debts -€145,040
down €145,040 (-71.1%), from €203,996 to €58,956
- Other debts +€85,088
up €85,088 (+40.9%), from €207,824 to €292,911
- Current portion of long-term debt +€13,370
new in 2025: €13,370
- Tax, wage and social debts -€7,403
down €7,403 (-32.4%), from €22,833 to €15,430
of which Taxes: -€7,592
Income statement
- Turnover +€1.6m
new in 2025: €1.6m
- Purchases and services +€1.2m
new in 2025: €1.2m
- Financial charges +€35,954
up €35,954 (+4,355%), from €826 to €36,780
of which Non-recurring financial charges: +€25,444
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
€55,337
Gross operating margin
-€6,603
Staff costs
-€2,751
Depreciation
-€8,958
Other operating charges
-€3,400
Other operating items
-€3,430
Financial income
+€1,905
Financial charges
-€35,954
Taxes
+€9,222
Result 2025
€5,368
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
+€16,300
Investment
+€17,729
Financing
+€13,370
Cash 2024
€44,591
From operations (derived)
+€16,300
Net result for the year
+€5,368
Depreciation
+€89,441
Stocks and contracts
+€3,014
Receivables within one year
-€12,563
Deferred charges and accrued income
-€1,192
Trade debts
-€145,040
Tax, wage and social debts
-€7,403
Other debts
+€85,088
Accrued charges and deferred income
-€411
Investment (derived)
+€17,729
Investment in fixed assets (net)
+€17,729
Financing
+€13,370
Current portion of long-term debt
+€13,370
Cash 2025
€91,990
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €583,670 | €534,640 | -€49,029 | -8.4% |
| Fixed assets | 21/28 | €394,537 | €287,367 | -€107,170 | -27.2% |
| Tangible fixed assets | 22/27 | €340,088 | €258,362 | -€81,726 | -24.0% |
| Plant, machinery and equipment | 23 | €88,739 | €64,749 | -€23,990 | -27.0% |
| Other tangible fixed assets | 26 | €251,349 | €193,613 | -€57,736 | -23.0% |
| Financial fixed assets | 28 | €54,450 | €29,005 | -€25,444 | -46.7% |
| Current assets | 29/58 | €189,132 | €247,273 | +€58,141 | +30.7% |
| Stocks and contracts in progress | 3 | €7,794 | €4,779 | -€3,014 | -38.7% |
| Stocks | 30/36 | €7,794 | €4,779 | -€3,014 | -38.7% |
| Amounts receivable within one year | 40/41 | €109,127 | €121,690 | +€12,563 | +11.5% |
| Trade receivables | 40 | €7,557 | - | -€7,557 | |
| Other amounts receivable | 41 | €101,569 | €121,690 | +€20,121 | +19.8% |
| Cash at bank and in hand | 54/58 | €44,591 | €91,990 | +€47,399 | +106% |
| Deferred charges and accrued income | 490/1 | €27,621 | €28,813 | +€1,192 | +4.3% |
| Total equity and liabilities | 10/49 | €583,670 | €534,640 | -€49,029 | -8.4% |
| Equity | 10/15 | €148,606 | €153,973 | +€5,368 | +3.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €63,150 | €63,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,456 | €89,823 | +€5,368 | +6.4% |
| Amounts payable | 17/49 | €435,064 | €380,667 | -€54,397 | -12.5% |
| Amounts payable within one year | 42/48 | €434,653 | €380,667 | -€53,986 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | - | €13,370 | +€13,370 | |
| Trade debts | 44 | €203,996 | €58,956 | -€145,040 | -71.1% |
| Suppliers | 440/4 | €203,996 | €58,956 | -€145,040 | -71.1% |
| Taxes, remuneration and social security | 45 | €22,833 | €15,430 | -€7,403 | -32.4% |
| Taxes | 450/3 | €7,778 | €186 | -€7,592 | -97.6% |
| Remuneration and social security | 454/9 | €15,055 | €15,244 | +€189 | +1.3% |
| Other amounts payable | 47/48 | €207,824 | €292,911 | +€85,088 | +40.9% |
| Accrued charges and deferred income | 492/3 | €411 | - | -€411 | |
| Turnover | 70 | - | €1,620,316 | +€1.6m | |
| Non-recurring operating income | 76A | €4,160 | - | -€4,160 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,205,353 | +€1.2m | |
| Remuneration, social security and pensions | 62 | €272,942 | €275,693 | +€2,751 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,483 | €89,441 | +€8,958 | +11.1% |
| Other operating charges | 640/8 | €1,197 | €4,597 | +€3,400 | +284% |
| Non-recurring operating charges | 66A | - | €3,430 | +€3,430 | |
| Gross operating margin | 9900 | €422,384 | €415,781 | -€6,603 | -1.6% |
| Operating profit (loss) | 9901 | €67,763 | €42,621 | -€25,142 | -37.1% |
| Financial income | 75/76B | - | €1,905 | +€1,905 | |
| Recurring financial income | 75 | - | €1,905 | +€1,905 | |
| Financial charges | 65/66B | €826 | €36,780 | +€35,954 | +4,355% |
| Recurring financial charges | 65 | €826 | €11,335 | +€10,510 | +1,273% |
| Non-recurring financial charges | 66B | - | €25,444 | +€25,444 | |
| Profit (loss) for the period before taxes | 9903 | €66,937 | €7,746 | -€59,192 | -88.4% |
| Income taxes | 67/77 | €11,600 | €2,378 | -€9,222 | -79.5% |
| Profit (loss) for the period | 9904 | €55,337 | €5,368 | -€49,969 | -90.3% |
| Transfer to tax-exempt reserves | 689 | €63,150 | - | -€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,813 | €5,368 | +€13,181 |
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 4 November 2026 via checked.be.