HPC AGRI: 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.
HPC AGRI
Largest movements
- Receivables within one year -€47,770
down €47,770 (-56.7%), from €84,214 to €36,444
of which Trade receivables: -€40,962
- Tangible fixed assets +€26,689
up €26,689 (+11.8%), from €226,490 to €253,179
of which Plant, machinery and equipment: +€29,393
- Stocks and contracts +€13,036
up €13,036 (+300.8%), from €4,333 to €17,370
- Trade debts -€28,361
down €28,361 (-51.7%), from €54,885 to €26,524
- Debts after one year +€24,452
up €24,452 (+20.3%), from €120,500 to €144,952
- Current portion of long-term debt +€10,714
up €10,714 (+26.9%), from €39,833 to €50,548
- Accrued charges and deferred income -€10,710
down €10,710 (-95.8%), from €11,180 to €470
- Reserves -€7,763
down €7,763 (-13.4%), from €57,923 to €50,160
of which Distributable reserves: -€5,826
- Depreciation +€11,566
up €11,566 (+25.0%), from €46,241 to €57,807
- Taxes -€3,213
no longer reported in 2025 (was €3,213)
- Other operating charges -€3,201
down €3,201 (-88.3%), from €3,625 to €424
- Financial charges +€1,855
up €1,855 (+83.8%), from €2,214 to €4,069
- Gross operating margin -€1,450
down €1,450 (-2.6%), from €55,341 to €53,891
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 | €329,343 | €318,609 | -€10,734 | -3.3% |
| Fixed assets | 21/28 | €226,490 | €253,179 | +€26,689 | +11.8% |
| Tangible fixed assets | 22/27 | €226,490 | €253,179 | +€26,689 | +11.8% |
| Land and buildings | 22 | €41,444 | €38,484 | -€2,960 | -7.1% |
| Plant, machinery and equipment | 23 | €182,695 | €212,088 | +€29,393 | +16.1% |
| Furniture and vehicles | 24 | - | €594 | +€594 | |
| Other tangible fixed assets | 26 | €2,351 | €2,012 | -€338 | -14.4% |
| Current assets | 29/58 | €102,853 | €65,430 | -€37,423 | -36.4% |
| Stocks and contracts in progress | 3 | €4,333 | €17,370 | +€13,036 | +300.8% |
| Stocks | 30/36 | €4,333 | €17,370 | +€13,036 | +300.8% |
| Amounts receivable within one year | 40/41 | €84,214 | €36,444 | -€47,770 | -56.7% |
| Trade receivables | 40 | €71,048 | €30,087 | -€40,962 | -57.7% |
| Other amounts receivable | 41 | €13,166 | €6,358 | -€6,809 | -51.7% |
| Cash at bank and in hand | 54/58 | €13,828 | €11,616 | -€2,212 | -16.0% |
| Deferred charges and accrued income | 490/1 | €477 | - | -€477 | |
| Total equity and liabilities | 10/49 | €329,343 | €318,609 | -€10,734 | -3.3% |
| Equity | 10/15 | €65,983 | €58,220 | -€7,763 | -11.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €57,923 | €50,160 | -€7,763 | -13.4% |
| Tax-exempt reserves | 132 | €9,685 | €7,748 | -€1,937 | -20.0% |
| Distributable reserves | 133 | €48,238 | €42,412 | -€5,826 | -12.1% |
| Provisions and deferred taxes | 16 | €3,228 | €2,583 | -€646 | -20.0% |
| Deferred taxes | 168 | €3,228 | €2,583 | -€646 | -20.0% |
| Amounts payable | 17/49 | €260,131 | €257,806 | -€2,325 | -0.9% |
| Amounts payable after more than one year | 17 | €120,500 | €144,952 | +€24,452 | +20.3% |
| Advances received on contracts in progress | 176 | €120,500 | €144,952 | +€24,452 | +20.3% |
| Amounts payable within one year | 42/48 | €128,451 | €112,383 | -€16,068 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €39,833 | €50,548 | +€10,714 | +26.9% |
| Trade debts | 44 | €54,885 | €26,524 | -€28,361 | -51.7% |
| Suppliers | 440/4 | €54,885 | €26,524 | -€28,361 | -51.7% |
| Taxes, remuneration and social security | 45 | €3,171 | - | -€3,171 | |
| Taxes | 450/3 | €3,171 | - | -€3,171 | |
| Other amounts payable | 47/48 | €30,561 | €35,311 | +€4,750 | +15.5% |
| Accrued charges and deferred income | 492/3 | €11,180 | €470 | -€10,710 | -95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,241 | €57,807 | +€11,566 | +25.0% |
| Other operating charges | 640/8 | €3,625 | €424 | -€3,201 | -88.3% |
| Gross operating margin | 9900 | €55,341 | €53,891 | -€1,450 | -2.6% |
| Operating profit (loss) | 9901 | €5,475 | -€4,340 | -€9,815 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.0% |
| Financial charges | 65/66B | €2,214 | €4,069 | +€1,855 | +83.8% |
| Recurring financial charges | 65 | €2,214 | €4,069 | +€1,855 | +83.8% |
| Profit (loss) for the period before taxes | 9903 | €3,263 | -€8,409 | -€11,671 | |
| Transfer from deferred taxes | 780 | €2,420 | €646 | -€1,775 | -73.3% |
| Income taxes | 67/77 | €3,213 | - | -€3,213 | |
| Profit (loss) for the period | 9904 | €2,470 | -€7,763 | -€10,233 | |
| Transfer from tax-exempt reserves | 789 | €6,162 | €1,937 | -€4,225 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,632 | -€5,826 | -€14,458 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.