Hyperbole, bureau d'études: 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.
Hyperbole, bureau d'études
Largest movements
- Cash +€12,168
up €12,168 (+20.5%), from €59,450 to €71,618
mainly Net result for the year (+€31,809) and Depreciation (+€9,986)
- Receivables within one year -€8,974
down €8,974 (-17.1%), from €52,586 to €43,612
of which Trade receivables: -€9,296
- Reserves +€31,809
up €31,809 (+19.4%), from €163,580 to €195,388
of which Distributable reserves: +€31,809
- Other debts -€16,836
down €16,836 (-59.1%), from €28,482 to €11,646
- Debts after one year -€7,196
down €7,196 (-58.3%), from €12,354 to €5,157
- Trade debts -€3,163
down €3,163 (-75.1%), from €4,211 to €1,049
- Gross operating margin -€6,331
down €6,331 (-37.5%), from €16,885 to €10,554
- Taxes -€3,311
down €3,311 (-46.6%), from €7,108 to €3,797
- Financial income -€2,250
down €2,250 (-5.6%), from €40,500 to €38,250
- Financial charges +€898
up €898 (+179%), from €501 to €1,399
- Depreciation +€890
up €890 (+9.8%), from €9,096 to €9,986
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.
Derived cash bridge
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 | €280,226 | €284,122 | +€3,897 | +1.4% |
| Fixed assets | 21/28 | €168,189 | €168,892 | +€703 | +0.4% |
| Tangible fixed assets | 22/27 | €72,744 | €73,447 | +€703 | +1.0% |
| Land and buildings | 22 | €64,819 | €60,498 | -€4,321 | -6.7% |
| Plant, machinery and equipment | 23 | - | €9,729 | +€9,729 | |
| Furniture and vehicles | 24 | €835 | €484 | -€352 | -42.1% |
| Leasing and similar rights | 25 | €5,414 | €1,356 | -€4,058 | -74.9% |
| Other tangible fixed assets | 26 | €1,675 | €1,380 | -€295 | -17.6% |
| Financial fixed assets | 28 | €95,445 | €95,445 | = | 0.0% |
| Current assets | 29/58 | €112,037 | €115,230 | +€3,193 | +2.9% |
| Amounts receivable within one year | 40/41 | €52,586 | €43,612 | -€8,974 | -17.1% |
| Trade receivables | 40 | €9,296 | €0 | -€9,296 | -100% |
| Other amounts receivable | 41 | €43,290 | €43,612 | +€322 | +0.7% |
| Cash at bank and in hand | 54/58 | €59,450 | €71,618 | +€12,168 | +20.5% |
| Total equity and liabilities | 10/49 | €280,226 | €284,122 | +€3,897 | +1.4% |
| Equity | 10/15 | €169,780 | €201,588 | +€31,809 | +18.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €163,580 | €195,388 | +€31,809 | +19.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €163,580 | €195,388 | +€31,809 | +19.4% |
| Provisions and deferred taxes | 16 | €43,752 | €43,752 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €43,752 | €43,752 | = | 0.0% |
| Pensions and similar obligations | 160 | €43,752 | €43,752 | = | 0.0% |
| Amounts payable | 17/49 | €66,694 | €38,782 | -€27,912 | -41.9% |
| Amounts payable after more than one year | 17 | €12,354 | €5,157 | -€7,196 | -58.3% |
| Financial debts | 170/4 | €12,354 | €5,157 | -€7,196 | -58.3% |
| Amounts payable within one year | 42/48 | €54,340 | €33,624 | -€20,716 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | €9,289 | €7,196 | -€2,093 | -22.5% |
| Trade debts | 44 | €4,211 | €1,049 | -€3,163 | -75.1% |
| Suppliers | 440/4 | €4,211 | €1,049 | -€3,163 | -75.1% |
| Taxes, remuneration and social security | 45 | €12,357 | €13,733 | +€1,376 | +11.1% |
| Taxes | 450/3 | €12,357 | €13,733 | +€1,376 | +11.1% |
| Other amounts payable | 47/48 | €28,482 | €11,646 | -€16,836 | -59.1% |
| Non-recurring operating income | 76A | - | €271 | +€271 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,096 | €9,986 | +€890 | +9.8% |
| Other operating charges | 640/8 | €1,567 | €1,554 | -€13 | -0.8% |
| Non-recurring operating charges | 66A | - | €259 | +€259 | |
| Gross operating margin | 9900 | €16,885 | €10,554 | -€6,331 | -37.5% |
| Operating profit (loss) | 9901 | €6,222 | -€1,245 | -€7,467 | |
| Financial income | 75/76B | €40,500 | €38,250 | -€2,250 | -5.6% |
| Recurring financial income | 75 | €40,500 | €38,250 | -€2,250 | -5.6% |
| Financial charges | 65/66B | €501 | €1,399 | +€898 | +179% |
| Recurring financial charges | 65 | €501 | €1,399 | +€898 | +179% |
| Profit (loss) for the period before taxes | 9903 | €46,221 | €35,606 | -€10,615 | -23.0% |
| Income taxes | 67/77 | €7,108 | €3,797 | -€3,311 | -46.6% |
| Profit (loss) for the period | 9904 | €39,113 | €31,809 | -€7,304 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,113 | €31,809 | -€7,304 | -18.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.