HPI: 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.
HPI
Largest movements
- Stocks and contracts +€10,461
up €10,461 (+2.0%), from €535,180 to €545,641
- Other debts +€10,000
up €10,000 (+28.4%), from €35,233 to €45,233
- Gross operating margin -€120
down €120 (-8.2%), from -€1,473 to -€1,593
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 | €542,825 | €548,848 | +€6,024 | +1.1% |
| Current assets | 29/58 | €542,825 | €548,848 | +€6,024 | +1.1% |
| Stocks and contracts in progress | 3 | €535,180 | €545,641 | +€10,461 | +2.0% |
| Stocks | 30/36 | €535,180 | €545,641 | +€10,461 | +2.0% |
| Amounts receivable within one year | 40/41 | €2,252 | €2,605 | +€353 | +15.7% |
| Trade receivables | 40 | €0 | €40 | +€40 | |
| Other amounts receivable | 41 | €2,252 | €2,565 | +€313 | +13.9% |
| Cash at bank and in hand | 54/58 | €5,393 | €602 | -€4,791 | -88.8% |
| Total equity and liabilities | 10/49 | €542,825 | €548,848 | +€6,024 | +1.1% |
| Equity | 10/15 | €2,525 | -€1,384 | -€3,910 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,475 | -€21,384 | -€3,910 | -22.4% |
| Amounts payable | 17/49 | €540,300 | €550,233 | +€9,933 | +1.8% |
| Amounts payable after more than one year | 17 | €500,000 | €500,000 | = | 0.0% |
| Financial debts | 170/4 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €35,300 | €45,233 | +€9,933 | +28.1% |
| Trade debts | 44 | €67 | €0 | -€67 | -100.0% |
| Suppliers | 440/4 | €67 | €0 | -€67 | -100.0% |
| Other amounts payable | 47/48 | €35,233 | €45,233 | +€10,000 | +28.4% |
| Accrued charges and deferred income | 492/3 | €5,000 | €5,000 | = | 0.0% |
| Other operating charges | 640/8 | €646 | €649 | +€3 | +0.4% |
| Gross operating margin | 9900 | -€1,473 | -€1,593 | -€120 | -8.2% |
| Operating profit (loss) | 9901 | -€2,119 | -€2,243 | -€123 | -5.8% |
| Financial charges | 65/66B | €1,665 | €1,667 | +€3 | +0.2% |
| Recurring financial charges | 65 | €1,665 | €1,667 | +€3 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,784 | -€3,910 | -€126 | -3.3% |
| Profit (loss) for the period | 9904 | -€3,784 | -€3,910 | -€126 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,784 | -€3,910 | -€126 | -3.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.