HYPE: 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.
HYPE
Largest movements
- Current investments -€875,000
down €875,000 (-100.0%), from €875,000 to €0
- Cash +€696,080
up €696,080 (+127.6%), from €545,680 to €1.2m
mainly Current investments (+€875,000) and Trade debts (+€53,002)
- Tangible fixed assets +€292,326
up €292,326 (+131.4%), from €222,470 to €514,797
of which Other tangible fixed assets: +€319,370
- Trade debts +€53,002
up €53,002 (+32.4%), from €163,742 to €216,744
- Reserves +€34,919
up €34,919 (+2.4%), from €1.5m to €1.5m
of which Distributable reserves: +€34,919
- Gross operating margin -€118,941
down €118,941 (-15.6%), from €764,039 to €645,097
- Staff costs -€117,404
down €117,404 (-18.5%), from €632,990 to €515,586
- Financial charges +€21,317
up €21,317 (+91.7%), from €23,251 to €44,567
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,518,287 | €2,608,365 | +€90,078 | +3.6% |
| Fixed assets | 21/28 | €528,684 | €820,882 | +€292,197 | +55.3% |
| Intangible fixed assets | 21 | €129 | €0 | -€129 | -100.0% |
| Tangible fixed assets | 22/27 | €222,470 | €514,797 | +€292,326 | +131.4% |
| Plant, machinery and equipment | 23 | €60,085 | €42,734 | -€17,350 | -28.9% |
| Furniture and vehicles | 24 | €26,455 | €16,762 | -€9,693 | -36.6% |
| Other tangible fixed assets | 26 | €135,931 | €455,301 | +€319,370 | +235.0% |
| Financial fixed assets | 28 | €306,085 | €306,085 | = | 0.0% |
| Current assets | 29/58 | €1,989,603 | €1,787,483 | -€202,120 | -10.2% |
| Stocks and contracts in progress | 3 | €535,487 | €510,078 | -€25,409 | -4.7% |
| Stocks | 30/36 | €535,487 | €510,078 | -€25,409 | -4.7% |
| Amounts receivable within one year | 40/41 | €9,126 | €13,533 | +€4,406 | +48.3% |
| Trade receivables | 40 | €9,126 | €5,977 | -€3,149 | -34.5% |
| Other amounts receivable | 41 | €0 | €7,555 | +€7,555 | |
| Current investments | 50/53 | €875,000 | €0 | -€875,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €545,680 | €1,241,759 | +€696,080 | +127.6% |
| Deferred charges and accrued income | 490/1 | €24,309 | €22,113 | -€2,197 | -9.0% |
| Total equity and liabilities | 10/49 | €2,518,287 | €2,608,365 | +€90,078 | +3.6% |
| Equity | 10/15 | €1,624,088 | €1,659,007 | +€34,919 | +2.2% |
| Contributions | 10/11 | €156,277 | €156,277 | = | 0.0% |
| Capital | 10 | €156,277 | €156,277 | = | 0.0% |
| Issued capital | 100 | €156,277 | €156,277 | = | 0.0% |
| Reserves | 13 | €1,467,812 | €1,502,730 | +€34,919 | +2.4% |
| Non-distributable reserves | 130/1 | €15,628 | €15,628 | = | 0.0% |
| Legal reserve | 130 | €15,628 | €15,628 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,116 | €11,116 | = | 0.0% |
| Distributable reserves | 133 | €1,441,068 | €1,475,987 | +€34,919 | +2.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €894,199 | €949,358 | +€55,159 | +6.2% |
| Amounts payable within one year | 42/48 | €873,548 | €909,173 | +€35,625 | +4.1% |
| Trade debts | 44 | €163,742 | €216,744 | +€53,002 | +32.4% |
| Suppliers | 440/4 | €163,742 | €216,744 | +€53,002 | +32.4% |
| Taxes, remuneration and social security | 45 | €132,086 | €112,548 | -€19,538 | -14.8% |
| Taxes | 450/3 | €41,758 | €32,561 | -€9,197 | -22.0% |
| Remuneration and social security | 454/9 | €90,327 | €79,987 | -€10,341 | -11.4% |
| Other amounts payable | 47/48 | €577,721 | €579,881 | +€2,160 | +0.4% |
| Accrued charges and deferred income | 492/3 | €20,650 | €40,185 | +€19,535 | +94.6% |
| Remuneration, social security and pensions | 62 | €632,990 | €515,586 | -€117,404 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,332 | €45,327 | +€3,996 | +9.7% |
| Other operating charges | 640/8 | €1,708 | €6,739 | +€5,031 | +294.6% |
| Gross operating margin | 9900 | €764,039 | €645,097 | -€118,941 | -15.6% |
| Operating profit (loss) | 9901 | €88,009 | €77,445 | -€10,565 | -12.0% |
| Financial income | 75/76B | €9,681 | €6,365 | -€3,316 | -34.3% |
| Recurring financial income | 75 | €9,681 | €6,365 | -€3,316 | -34.3% |
| Financial charges | 65/66B | €23,251 | €44,567 | +€21,317 | +91.7% |
| Recurring financial charges | 65 | €23,251 | €44,567 | +€21,317 | +91.7% |
| Profit (loss) for the period before taxes | 9903 | €74,439 | €39,242 | -€35,197 | -47.3% |
| Income taxes | 67/77 | €8,129 | €4,324 | -€3,805 | -46.8% |
| Profit (loss) for the period | 9904 | €66,311 | €34,919 | -€31,392 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,311 | €34,919 | -€31,392 | -47.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.