Hupa: 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.
Hupa
Largest movements
- Tangible fixed assets +€135,232
up €135,232 (+292.6%), from €46,217 to €181,448
of which Plant, machinery and equipment: +€139,176
- Receivables within one year +€72,019
up €72,019 (+217.0%), from €33,192 to €105,211
of which Trade receivables: +€47,162
- Trade debts +€186,330
up €186,330 (+4228.1%), from €4,407 to €190,737
- Profit (loss) carried forward +€27,073
up €27,073, from -€10,812 to €16,262
- Debts after one year -€6,443
down €6,443 (-48.9%), from €13,171 to €6,728
- Gross operating margin +€25,372
up €25,372 (+138.7%), from €18,293 to €43,665
- Depreciation -€5,162
down €5,162 (-29.9%), from €17,264 to €12,102
- Taxes +€1,382
up €1,382 (+399.7%), from €346 to €1,728
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 | €92,815 | €301,576 | +€208,760 | +224.9% |
| Fixed assets | 21/28 | €46,217 | €181,448 | +€135,232 | +292.6% |
| Tangible fixed assets | 22/27 | €46,217 | €181,448 | +€135,232 | +292.6% |
| Plant, machinery and equipment | 23 | €41,295 | €180,472 | +€139,176 | +337.0% |
| Furniture and vehicles | 24 | €4,922 | €977 | -€3,945 | -80.2% |
| Current assets | 29/58 | €46,598 | €120,127 | +€73,529 | +157.8% |
| Amounts receivable within one year | 40/41 | €33,192 | €105,211 | +€72,019 | +217.0% |
| Trade receivables | 40 | €33,155 | €80,317 | +€47,162 | +142.2% |
| Other amounts receivable | 41 | €37 | €24,894 | +€24,857 | +67953.2% |
| Cash at bank and in hand | 54/58 | €12,938 | €14,419 | +€1,481 | +11.4% |
| Deferred charges and accrued income | 490/1 | €469 | €498 | +€29 | +6.1% |
| Total equity and liabilities | 10/49 | €92,815 | €301,576 | +€208,760 | +224.9% |
| Equity | 10/15 | €6,688 | €33,762 | +€27,073 | +404.8% |
| Contributions | 10/11 | €15,500 | €15,500 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | -€10,812 | €16,262 | +€27,073 | |
| Amounts payable | 17/49 | €86,127 | €267,814 | +€181,687 | +211.0% |
| Amounts payable after more than one year | 17 | €13,171 | €6,728 | -€6,443 | -48.9% |
| Financial debts | 170/4 | €13,171 | €6,728 | -€6,443 | -48.9% |
| Amounts payable within one year | 42/48 | €72,956 | €261,086 | +€188,130 | +257.9% |
| Current portion of amounts payable after more than one year | 42 | €8,625 | €6,443 | -€2,183 | -25.3% |
| Trade debts | 44 | €4,407 | €190,737 | +€186,330 | +4228.1% |
| Suppliers | 440/4 | €4,407 | €190,737 | +€186,330 | +4228.1% |
| Taxes, remuneration and social security | 45 | €415 | €1,728 | +€1,313 | +316.1% |
| Taxes | 450/3 | €415 | €1,728 | +€1,313 | +316.1% |
| Other amounts payable | 47/48 | €59,508 | €62,178 | +€2,670 | +4.5% |
| Non-recurring operating income | 76A | - | €22,334 | +€22,334 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,264 | €12,102 | -€5,162 | -29.9% |
| Other operating charges | 640/8 | €1,392 | €1,492 | +€100 | +7.2% |
| Gross operating margin | 9900 | €18,293 | €43,665 | +€25,372 | +138.7% |
| Operating profit (loss) | 9901 | -€363 | €30,071 | +€30,434 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €1,554 | €1,269 | -€284 | -18.3% |
| Recurring financial charges | 65 | €1,554 | €1,269 | -€284 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,916 | €28,802 | +€30,718 | |
| Income taxes | 67/77 | €346 | €1,728 | +€1,382 | +399.7% |
| Profit (loss) for the period | 9904 | -€2,262 | €27,073 | +€29,336 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,262 | €27,073 | +€29,336 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.