Hyperion Invest: 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.
What changed
Hyperion Invest
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€529,790
2024 · €185,767-€715,557
Equity
€1.3m
2024 · €1.9m-€529,790
Cash
€166,114
2024 · €590,142-€424,028
Balance sheet total
€15.0m
2024 · €15.9m-€873,370
Largest movements
Assets
- Cash -€424,028
down €424,028 (-71.9%), from €590,142 to €166,114
mainly Debts after one year (-€1.4m) and Net result for the year (-€529,790)
- Tangible fixed assets -€323,057
down €323,057 (-4.5%), from €7.1m to €6.8m
of which Land and buildings: -€252,745
Equity and liabilities
- Debts after one year -€1.4m
down €1.4m (-14.5%), from €9.9m to €8.5m
- Other debts +€838,696
up €838,696 (+29.0%), from €2.9m to €3.7m
- Reserves -€529,790
down €529,790 (-28.8%), from €1.8m to €1.3m
of which Distributable reserves: -€504,725
- Advances received +€217,800
new in 2025: €217,800
Income statement
- Turnover -€579,470
no longer reported in 2025 (was €579,470)
- Services and other goods -€534,384
no longer reported in 2025 (was €534,384)
- Financial charges -€217,740
down €217,740 (-34.1%), from €637,733 to €419,993
of which Financial charges: -€212,008
- Gross operating margin +€208,896
new in 2025: €208,896
- Other operating income -€23,768
no longer reported in 2025 (was €23,768)
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.
Result 2024
€185,767
Turnover
-€579,470
Other operating income
-€23,768
Goods and materials
+€23,489
Services and other goods
+€534,384
Staff costs
+€20,476
Depreciation
-€16,499
Other operating charges
+€14,377
Other operating items
-€857,551
Financial income
+€16,991
Financial charges
+€217,740
Taxes
-€24
Deferred taxes and other
-€65,701
Result 2025
-€529,790
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.0m
Investment
-€15,745
Financing
-€1.4m
Cash 2024
€590,142
From operations (derived)
+€1.0m
Net result for the year
-€529,790
Depreciation
+€317,602
Receivables within one year
+€149,089
Smaller working-capital items
-€1,357
Provisions
-€8,355
Trade debts
+€39,966
Advances received
+€217,800
Other debts
+€838,696
Investment (derived)
-€15,745
Investment in fixed assets (net)
-€15,745
Financing
-€1.4m
Debts after one year
-€1.4m
Current portion of long-term debt
+€7,861
Cash 2025
€166,114
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,898,092 | €15,024,722 | -€873,370 | -5.5% |
| Fixed assets | 21/28 | €14,484,633 | €14,182,776 | -€301,857 | -2.1% |
| Tangible fixed assets | 22/27 | €7,115,871 | €6,792,814 | -€323,057 | -4.5% |
| Land and buildings | 22 | €6,863,660 | €6,610,915 | -€252,745 | -3.7% |
| Plant, machinery and equipment | 23 | €35,474 | €27,527 | -€7,947 | -22.4% |
| Furniture and vehicles | 24 | €216,737 | €154,372 | -€62,365 | -28.8% |
| Financial fixed assets | 28 | €7,368,762 | €7,389,962 | +€21,200 | +0.3% |
| Affiliated companies | 280/1 | €7,368,762 | - | -€7.4m | |
| Participating interests | 280 | €7,368,762 | - | -€7.4m | |
| Current assets | 29/58 | €1,413,459 | €841,947 | -€571,512 | -40.4% |
| Stocks and contracts in progress | 3 | €33,497 | €33,497 | = | 0.0% |
| Stocks | 30/36 | €33,497 | €33,497 | = | 0.0% |
| Goods purchased for resale | 34 | €33,497 | - | -€33,497 | |
| Amounts receivable within one year | 40/41 | €788,045 | €638,956 | -€149,089 | -18.9% |
| Trade receivables | 40 | €271,101 | €601,486 | +€330,385 | +122% |
| Other amounts receivable | 41 | €516,945 | €37,471 | -€479,474 | -92.8% |
| Cash at bank and in hand | 54/58 | €590,142 | €166,114 | -€424,028 | -71.9% |
| Deferred charges and accrued income | 490/1 | €1,775 | €3,380 | +€1,605 | +90.4% |
| Total equity and liabilities | 10/49 | €15,898,092 | €15,024,722 | -€873,370 | -5.5% |
| Equity | 10/15 | €1,860,999 | €1,331,209 | -€529,790 | -28.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,842,449 | €1,312,659 | -€529,790 | -28.8% |
| Tax-exempt reserves | 132 | €700,308 | €675,243 | -€25,065 | -3.6% |
| Distributable reserves | 133 | €1,142,141 | €637,415 | -€504,725 | -44.2% |
| Provisions and deferred taxes | 16 | €233,436 | €225,081 | -€8,355 | -3.6% |
| Deferred taxes | 168 | €233,436 | €225,081 | -€8,355 | -3.6% |
| Amounts payable | 17/49 | €13,803,657 | €13,468,433 | -€335,224 | -2.4% |
| Amounts payable after more than one year | 17 | €9,948,711 | €8,508,916 | -€1.4m | -14.5% |
| Financial debts | 170/4 | €9,948,711 | €8,508,916 | -€1.4m | -14.5% |
| Credit institutions | 173 | €9,948,711 | - | -€9.9m | |
| Amounts payable within one year | 42/48 | €3,854,946 | €4,958,182 | +€1.1m | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €823,937 | €831,798 | +€7,861 | +1.0% |
| Trade debts | 44 | €137,153 | €177,119 | +€39,966 | +29.1% |
| Suppliers | 440/4 | €137,153 | €177,119 | +€39,966 | +29.1% |
| Advances received on contracts in progress | 46 | - | €217,800 | +€217,800 | |
| Taxes, remuneration and social security | 45 | €1,111 | €24 | -€1,087 | -97.8% |
| Taxes | 450/3 | €223 | €24 | -€199 | -89.3% |
| Remuneration and social security | 454/9 | €888 | €0 | -€888 | -100% |
| Other amounts payable | 47/48 | €2,892,745 | €3,731,441 | +€838,696 | +29.0% |
| Accrued charges and deferred income | 492/3 | - | €1,334 | +€1,334 | |
| Operating income | 70/76A | €1,669,685 | - | -€1.7m | |
| Turnover | 70 | €579,470 | - | -€579,470 | |
| Other operating income | 74 | €23,768 | - | -€23,768 | |
| Non-recurring operating income | 76A | €1,066,447 | €18,135 | -€1.0m | -98.3% |
| Operating charges | 60/66A | €920,273 | - | -€920,273 | |
| Goods for resale, raw materials and consumables | 60 | €23,489 | - | -€23,489 | |
| Purchases | 600/8 | €32,089 | - | -€32,089 | |
| Change in stocks: decrease (increase) | 609 | -€8,600 | - | +€8,600 | |
| Services and other goods | 61 | €534,384 | - | -€534,384 | |
| Remuneration, social security and pensions | 62 | €25,237 | €4,761 | -€20,476 | -81.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €301,102 | €317,602 | +€16,499 | +5.5% |
| Other operating charges | 640/8 | €36,061 | €21,684 | -€14,377 | -39.9% |
| Gross operating margin | 9900 | - | €208,896 | +€208,896 | |
| Operating profit (loss) | 9901 | €749,412 | -€135,151 | -€884,563 | |
| Financial income | 75/76B | €32 | €17,023 | +€16,991 | +53,481% |
| Recurring financial income | 75 | €30 | €16,379 | +€16,349 | +55,104% |
| Income from current assets | 751 | €30 | - | -€30 | |
| Non-recurring financial income | 76B | €2 | €644 | +€642 | +30,561% |
| Financial charges | 65/66B | €637,733 | €419,993 | -€217,740 | -34.1% |
| Recurring financial charges | 65 | €632,001 | €419,993 | -€212,008 | -33.5% |
| Debt charges | 650 | €626,041 | - | -€626,041 | |
| Other financial charges | 652/9 | €5,961 | - | -€5,961 | |
| Non-recurring financial charges | 66B | €5,732 | €0 | -€5,732 | -100% |
| Profit (loss) for the period before taxes | 9903 | €111,711 | -€538,121 | -€649,832 | |
| Transfer from deferred taxes | 780 | €74,056 | €8,355 | -€65,701 | -88.7% |
| Income taxes | 67/77 | - | €24 | +€24 | |
| Profit (loss) for the period | 9904 | €185,767 | -€529,790 | -€715,557 | |
| Transfer from tax-exempt reserves | 789 | €162,032 | €25,065 | -€136,967 | -84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €347,800 | -€504,725 | -€852,525 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.