Hyperbool: 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.
Hyperbool
Largest movements
- Receivables after one year +€125,725
new in 2025: €125,725
- Financial fixed assets -€45,582
down €45,582 (-10.8%), from €422,692 to €377,110
- Receivables within one year -€19,727
down €19,727 (-6.2%), from €317,493 to €297,767
of which Other amounts receivable: -€23,174
- Tangible fixed assets -€14,053
down €14,053 (-26.5%), from €52,938 to €38,886
of which Furniture and vehicles: -€12,803
- Cash +€9,762
up €9,762 (+3101.5%), from €315 to €10,077
mainly Other debts (+€123,098) and Net result for the year (+€82,491)
- Debts after one year -€131,242
down €131,242 (-54.1%), from €242,571 to €111,329
- Other debts +€123,098
up €123,098 (+138.8%), from €88,676 to €211,774
- Reserves +€82,491
up €82,491 (+24.1%), from €341,694 to €424,185
- Short-term financial debts -€20,010
no longer reported in 2025 (was €20,010)
- Gross operating margin +€61,133
up €61,133 (+63.3%), from €96,500 to €157,633
- Taxes +€31,202
up €31,202 (+239.2%), from €13,042 to €44,244
- Other operating charges -€12,931
down €12,931 (-87.6%), from €14,763 to €1,831
- Financial charges +€6,363
up €6,363 (+54.2%), from €11,729 to €18,092
- Financial income +€5,269
up €5,269 (+53.1%), from €9,921 to €15,190
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 | €897,891 | €959,922 | +€62,031 | +6.9% |
| Fixed assets | 21/28 | €475,630 | €415,996 | -€59,634 | -12.5% |
| Tangible fixed assets | 22/27 | €52,938 | €38,886 | -€14,053 | -26.5% |
| Plant, machinery and equipment | 23 | €3,471 | €2,221 | -€1,250 | -36.0% |
| Furniture and vehicles | 24 | €49,467 | €36,664 | -€12,803 | -25.9% |
| Financial fixed assets | 28 | €422,692 | €377,110 | -€45,582 | -10.8% |
| Current assets | 29/58 | €422,261 | €543,926 | +€121,665 | +28.8% |
| Amounts receivable after more than one year | 29 | - | €125,725 | +€125,725 | |
| Other amounts receivable | 291 | - | €125,725 | +€125,725 | |
| Amounts receivable within one year | 40/41 | €317,493 | €297,767 | -€19,727 | -6.2% |
| Trade receivables | 40 | €21,394 | €24,841 | +€3,447 | +16.1% |
| Other amounts receivable | 41 | €296,099 | €272,925 | -€23,174 | -7.8% |
| Current investments | 50/53 | €52,580 | €52,580 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €315 | €10,077 | +€9,762 | +3101.5% |
| Deferred charges and accrued income | 490/1 | €51,873 | €57,778 | +€5,905 | +11.4% |
| Total equity and liabilities | 10/49 | €897,891 | €959,922 | +€62,031 | +6.9% |
| Equity | 10/15 | €395,555 | €478,046 | +€82,491 | +20.9% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €341,694 | €424,185 | +€82,491 | +24.1% |
| Distributable reserves | 133 | €341,694 | €424,185 | +€82,491 | +24.1% |
| Profit (loss) carried forward | 14 | €8,861 | €8,861 | = | 0.0% |
| Amounts payable | 17/49 | €502,337 | €481,876 | -€20,460 | -4.1% |
| Amounts payable after more than one year | 17 | €242,571 | €111,329 | -€131,242 | -54.1% |
| Financial debts | 170/4 | €242,571 | €111,329 | -€131,242 | -54.1% |
| Amounts payable within one year | 42/48 | €256,528 | €360,011 | +€103,482 | +40.3% |
| Current portion of amounts payable after more than one year | 42 | €133,029 | €131,242 | -€1,787 | -1.3% |
| Financial debts | 43 | €20,010 | - | -€20,010 | |
| Credit institutions | 430/8 | €20,010 | - | -€20,010 | |
| Trade debts | 44 | €7,935 | €2,855 | -€5,080 | -64.0% |
| Suppliers | 440/4 | €7,935 | €2,855 | -€5,080 | -64.0% |
| Taxes, remuneration and social security | 45 | €6,879 | €14,140 | +€7,261 | +105.6% |
| Taxes | 450/3 | €6,784 | €12,493 | +€5,709 | +84.1% |
| Remuneration and social security | 454/9 | €95 | €1,647 | +€1,552 | +1636.2% |
| Other amounts payable | 47/48 | €88,676 | €211,774 | +€123,098 | +138.8% |
| Accrued charges and deferred income | 492/3 | €3,238 | €10,537 | +€7,299 | +225.4% |
| Non-recurring operating income | 76A | €41,692 | €23,200 | -€18,492 | -44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,099 | €15,050 | +€951 | +6.7% |
| Other operating charges | 640/8 | €14,763 | €1,831 | -€12,931 | -87.6% |
| Non-recurring operating charges | 66A | €34,680 | €11,113 | -€23,567 | -68.0% |
| Gross operating margin | 9900 | €96,500 | €157,633 | +€61,133 | +63.3% |
| Operating profit (loss) | 9901 | €32,959 | €129,638 | +€96,679 | +293.3% |
| Financial income | 75/76B | €9,921 | €15,190 | +€5,269 | +53.1% |
| Recurring financial income | 75 | €9,921 | €15,190 | +€5,269 | +53.1% |
| Financial charges | 65/66B | €11,729 | €18,092 | +€6,363 | +54.2% |
| Recurring financial charges | 65 | €11,729 | €18,092 | +€6,363 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | €31,150 | €126,735 | +€95,585 | +306.9% |
| Income taxes | 67/77 | €13,042 | €44,244 | +€31,202 | +239.2% |
| Profit (loss) for the period | 9904 | €18,108 | €82,491 | +€64,383 | +355.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,108 | €82,491 | +€64,383 | +355.6% |
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 10 October 2026 via checked.be.