HPM HOLDING: 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.
HPM HOLDING
Largest movements
- Financial fixed assets +€914,001
up €914,001 (+56.6%), from €1.6m to €2.5m
- Receivables within one year +€65,137
up €65,137 (+1,361%), from €4,786 to €69,923
- Debts after one year +€850,093
up €850,093 (+73.4%), from €1.2m to €2.0m
of which Other amounts payable: +€976,675
- Other debts +€85,512
up €85,512 (+27.2%), from €314,000 to €399,512
- Trade debts +€43,281
up €43,281 (+551%), from €7,849 to €51,130
- Financial charges +€25,652
up €25,652 (+194%), from €13,242 to €38,894
- Gross operating margin +€25,315
up €25,315 (+174%), from €14,585 to €39,900
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.
Derived cash bridge
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 | €1,630,714 | €2,616,009 | +€985,295 | +60.4% |
| Fixed assets | 21/28 | €1,615,500 | €2,529,501 | +€914,001 | +56.6% |
| Financial fixed assets | 28 | €1,615,500 | €2,529,501 | +€914,001 | +56.6% |
| Current assets | 29/58 | €15,214 | €86,508 | +€71,294 | +469% |
| Amounts receivable within one year | 40/41 | €4,786 | €69,923 | +€65,137 | +1,361% |
| Trade receivables | 40 | €4,786 | €69,923 | +€65,137 | +1,361% |
| Cash at bank and in hand | 54/58 | €10,428 | €16,585 | +€6,157 | +59.0% |
| Total equity and liabilities | 10/49 | €1,630,714 | €2,616,009 | +€985,295 | +60.4% |
| Equity | 10/15 | €5,007 | €6,013 | +€1,006 | +20.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,007 | €2,013 | +€1,006 | +99.8% |
| Amounts payable | 17/49 | €1,625,707 | €2,609,996 | +€984,289 | +60.5% |
| Amounts payable after more than one year | 17 | €1,158,343 | €2,008,437 | +€850,093 | +73.4% |
| Financial debts | 170/4 | €809,343 | €682,762 | -€126,582 | -15.6% |
| Other amounts payable | 178/9 | €349,000 | €1,325,675 | +€976,675 | +280% |
| Amounts payable within one year | 42/48 | €467,363 | €601,559 | +€134,196 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €145,179 | €150,582 | +€5,403 | +3.7% |
| Trade debts | 44 | €7,849 | €51,130 | +€43,281 | +551% |
| Suppliers | 440/4 | €7,849 | €51,130 | +€43,281 | +551% |
| Taxes, remuneration and social security | 45 | €336 | €336 | = | 0.0% |
| Taxes | 450/3 | €336 | €336 | = | 0.0% |
| Other amounts payable | 47/48 | €314,000 | €399,512 | +€85,512 | +27.2% |
| Gross operating margin | 9900 | €14,585 | €39,900 | +€25,315 | +174% |
| Operating profit (loss) | 9901 | €14,585 | €39,900 | +€25,315 | +174% |
| Financial charges | 65/66B | €13,242 | €38,894 | +€25,652 | +194% |
| Recurring financial charges | 65 | €13,242 | €38,894 | +€25,652 | +194% |
| Profit (loss) for the period before taxes | 9903 | €1,343 | €1,006 | -€337 | -25.1% |
| Income taxes | 67/77 | €336 | - | -€336 | |
| Profit (loss) for the period | 9904 | €1,007 | €1,006 | -€2 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,007 | €1,006 | -€2 | -0.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.