Hypatia: 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.
Hypatia
Largest movements
- Receivables within one year +€138,248
up €138,248 (+64.8%), from €213,388 to €351,636
- Cash -€45,484
down €45,484 (-10.9%), from €417,891 to €372,408
mainly Contributions, distributions and other (-€300,000) and Receivables within one year (-€138,248)
- Tangible fixed assets -€12,756
down €12,756 (-2.5%), from €506,512 to €493,755
of which Land and buildings: -€11,355
- Other debts +€100,000
up €100,000 (+50.0%), from €200,000 to €300,000
- Debts after one year -€23,762
down €23,762 (-49.5%), from €47,965 to €24,203
- Gross operating margin +€22,399
up €22,399 (+5.8%), from €383,600 to €405,999
- Financial income +€9,221
up €9,221 (+86.8%), from €10,618 to €19,839
- Financial charges +€4,245
up €4,245 (+244.5%), from €1,736 to €5,981
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.
Cash bridge derived
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 | €1,149,763 | €1,226,166 | +€76,403 | +6.6% |
| Fixed assets | 21/28 | €506,512 | €493,755 | -€12,756 | -2.5% |
| Tangible fixed assets | 22/27 | €506,512 | €493,755 | -€12,756 | -2.5% |
| Land and buildings | 22 | €500,718 | €489,362 | -€11,355 | -2.3% |
| Plant, machinery and equipment | 23 | €1,136 | €229 | -€907 | -79.8% |
| Furniture and vehicles | 24 | €4,659 | €4,164 | -€495 | -10.6% |
| Current assets | 29/58 | €643,251 | €732,410 | +€89,160 | +13.9% |
| Amounts receivable within one year | 40/41 | €213,388 | €351,636 | +€138,248 | +64.8% |
| Other amounts receivable | 41 | €213,388 | €351,636 | +€138,248 | +64.8% |
| Cash at bank and in hand | 54/58 | €417,891 | €372,408 | -€45,484 | -10.9% |
| Deferred charges and accrued income | 490/1 | €11,972 | €8,367 | -€3,605 | -30.1% |
| Total equity and liabilities | 10/49 | €1,149,763 | €1,226,166 | +€76,403 | +6.6% |
| Equity | 10/15 | €847,257 | €848,919 | +€1,663 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €824,657 | €824,657 | = | 0.0% |
| Distributable reserves | 133 | €824,657 | €824,657 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,000 | €5,663 | +€1,663 | +41.6% |
| Amounts payable | 17/49 | €302,506 | €377,247 | +€74,740 | +24.7% |
| Amounts payable after more than one year | 17 | €47,965 | €24,203 | -€23,762 | -49.5% |
| Financial debts | 170/4 | €47,965 | €24,203 | -€23,762 | -49.5% |
| Amounts payable within one year | 42/48 | €254,541 | €353,043 | +€98,502 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €23,325 | €23,762 | +€437 | +1.9% |
| Trade debts | 44 | €5,426 | €3,541 | -€1,884 | -34.7% |
| Suppliers | 440/4 | €5,426 | €3,541 | -€1,884 | -34.7% |
| Taxes, remuneration and social security | 45 | €25,790 | €25,740 | -€50 | -0.2% |
| Taxes | 450/3 | €25,790 | €25,740 | -€50 | -0.2% |
| Other amounts payable | 47/48 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,692 | €13,619 | -€1,072 | -7.3% |
| Other operating charges | 640/8 | €4,149 | €4,099 | -€51 | -1.2% |
| Non-recurring operating charges | 66A | - | €3,100 | +€3,100 | |
| Gross operating margin | 9900 | €383,600 | €405,999 | +€22,399 | +5.8% |
| Operating profit (loss) | 9901 | €364,759 | €385,181 | +€20,422 | +5.6% |
| Financial income | 75/76B | €10,618 | €19,839 | +€9,221 | +86.8% |
| Recurring financial income | 75 | €10,618 | €19,839 | +€9,221 | +86.8% |
| Financial charges | 65/66B | €1,736 | €5,981 | +€4,245 | +244.5% |
| Recurring financial charges | 65 | €1,736 | €5,981 | +€4,245 | +244.5% |
| Profit (loss) for the period before taxes | 9903 | €373,641 | €399,039 | +€25,398 | +6.8% |
| Income taxes | 67/77 | €98,867 | €97,376 | -€1,491 | -1.5% |
| Profit (loss) for the period | 9904 | €274,774 | €301,663 | +€26,889 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €274,774 | €301,663 | +€26,889 | +9.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.