HYPERSOURCES: 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.
HYPERSOURCES
Largest movements
- Tangible fixed assets -€8,460
down €8,460 (-6.6%), from €129,061 to €120,601
of which Land and buildings: -€5,092
- Cash -€5,678
down €5,678 (-35.9%), from €15,817 to €10,139
mainly Debts after one year (-€16,652) and Stocks and contracts (-€4,859)
- Stocks and contracts +€4,859
up €4,859 (+25.6%), from €18,965 to €23,823
- Debts after one year -€16,652
down €16,652 (-25.0%), from €66,645 to €49,993
of which Other amounts payable: -€9,500
- Profit (loss) carried forward +€9,797
up €9,797 (+25.8%), from €37,912 to €47,709
- Gross operating margin +€5,386
up €5,386 (+19.8%), from €27,261 to €32,647
- Write-downs -€4,573
down €4,573 (-94.5%), from €4,842 to €269
- Staff costs +€1,790
up €1,790 (+28.6%), from €6,247 to €8,037
- Depreciation -€1,394
down €1,394 (-12.2%), from €11,393 to €9,998
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 | €170,620 | €161,763 | -€8,857 | -5.2% |
| Fixed assets | 21/28 | €133,459 | €124,601 | -€8,858 | -6.6% |
| Intangible fixed assets | 21 | €398 | €0 | -€398 | -100.0% |
| Tangible fixed assets | 22/27 | €129,061 | €120,601 | -€8,460 | -6.6% |
| Land and buildings | 22 | €110,128 | €105,036 | -€5,092 | -4.6% |
| Plant, machinery and equipment | 23 | €3,165 | €2,033 | -€1,133 | -35.8% |
| Furniture and vehicles | 24 | €287 | €814 | +€527 | +184.0% |
| Other tangible fixed assets | 26 | €15,481 | €12,718 | -€2,762 | -17.8% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €37,161 | €37,162 | +€1 | 0.0% |
| Stocks and contracts in progress | 3 | €18,965 | €23,823 | +€4,859 | +25.6% |
| Stocks | 30/36 | €18,965 | €23,823 | +€4,859 | +25.6% |
| Amounts receivable within one year | 40/41 | €446 | €466 | +€20 | +4.5% |
| Trade receivables | 40 | €91 | €108 | +€17 | +18.7% |
| Other amounts receivable | 41 | €355 | €358 | +€3 | +0.9% |
| Cash at bank and in hand | 54/58 | €15,817 | €10,139 | -€5,678 | -35.9% |
| Deferred charges and accrued income | 490/1 | €1,934 | €2,734 | +€800 | +41.4% |
| Total equity and liabilities | 10/49 | €170,620 | €161,763 | -€8,857 | -5.2% |
| Equity | 10/15 | €75,841 | €85,638 | +€9,797 | +12.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €17,929 | €17,929 | = | 0.0% |
| Distributable reserves | 133 | €17,929 | €17,929 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,912 | €47,709 | +€9,797 | +25.8% |
| Amounts payable | 17/49 | €94,779 | €76,125 | -€18,654 | -19.7% |
| Amounts payable after more than one year | 17 | €66,645 | €49,993 | -€16,652 | -25.0% |
| Financial debts | 170/4 | €47,799 | €40,647 | -€7,152 | -15.0% |
| Other amounts payable | 178/9 | €18,846 | €9,346 | -€9,500 | -50.4% |
| Amounts payable within one year | 42/48 | €27,956 | €25,953 | -€2,003 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €7,629 | €7,743 | +€114 | +1.5% |
| Trade debts | 44 | €4,033 | €3,088 | -€945 | -23.4% |
| Suppliers | 440/4 | €4,033 | €3,088 | -€945 | -23.4% |
| Advances received on contracts in progress | 46 | - | €700 | +€700 | |
| Taxes, remuneration and social security | 45 | €3,305 | €2,207 | -€1,098 | -33.2% |
| Taxes | 450/3 | €3,305 | €1,933 | -€1,372 | -41.5% |
| Remuneration and social security | 454/9 | - | €275 | +€275 | |
| Other amounts payable | 47/48 | €12,989 | €12,214 | -€775 | -6.0% |
| Accrued charges and deferred income | 492/3 | €178 | €179 | +€1 | +0.8% |
| Remuneration, social security and pensions | 62 | €6,247 | €8,037 | +€1,790 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,393 | €9,998 | -€1,394 | -12.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,842 | €269 | -€4,573 | -94.5% |
| Other operating charges | 640/8 | €2,507 | €2,568 | +€61 | +2.4% |
| Gross operating margin | 9900 | €27,261 | €32,647 | +€5,386 | +19.8% |
| Operating profit (loss) | 9901 | €2,272 | €11,774 | +€9,502 | +418.2% |
| Financial income | 75/76B | €7 | €7 | = | 0.0% |
| Recurring financial income | 75 | €7 | €7 | = | 0.0% |
| Financial charges | 65/66B | €1,907 | €1,984 | +€77 | +4.1% |
| Recurring financial charges | 65 | €1,907 | €1,984 | +€77 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €372 | €9,797 | +€9,425 | +2534.0% |
| Profit (loss) for the period | 9904 | €372 | €9,797 | +€9,425 | +2534.0% |
| Profit (loss) for the period to be appropriated | 9905 | €372 | €9,797 | +€9,425 | +2534.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.