Hypo-Expert: 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.
Hypo-Expert
Largest movements
- Cash -€19,610
down €19,610 (-17.1%), from €114,742 to €95,132
mainly Accrued charges and deferred income (-€27,278) and Investment in fixed assets (net) (-€14,520)
- Deferred charges and accrued income -€18,818
down €18,818 (-49.9%), from €37,702 to €18,884
- Intangible fixed assets +€12,661
up €12,661 (+532.7%), from €2,377 to €15,038
- Accrued charges and deferred income -€27,278
down €27,278 (-61.6%), from €44,258 to €16,980
- Reserves +€13,720
up €13,720 (+15.5%), from €88,246 to €101,966
- Tax, wage and social debts -€13,532
no longer reported in 2025 (was €13,532)
- Gross operating margin -€62,727
down €62,727 (-92.9%), from €67,537 to €4,810
- Financial income +€13,494
up €13,494 (+895.6%), from €1,507 to €15,000
of which Non-recurring financial income: +€13,500
- Taxes -€9,926
down €9,926 (-73.4%), from €13,532 to €3,605
- Depreciation +€710
up €710 (+61.9%), from €1,148 to €1,859
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 | €156,684 | €130,519 | -€26,165 | -16.7% |
| Fixed assets | 21/28 | €2,377 | €15,038 | +€12,661 | +532.7% |
| Intangible fixed assets | 21 | €2,377 | €15,038 | +€12,661 | +532.7% |
| Current assets | 29/58 | €154,307 | €115,480 | -€38,826 | -25.2% |
| Amounts receivable within one year | 40/41 | €1,863 | €1,464 | -€399 | -21.4% |
| Trade receivables | 40 | €1,863 | €69 | -€1,794 | -96.3% |
| Other amounts receivable | 41 | - | €1,395 | +€1,395 | |
| Cash at bank and in hand | 54/58 | €114,742 | €95,132 | -€19,610 | -17.1% |
| Deferred charges and accrued income | 490/1 | €37,702 | €18,884 | -€18,818 | -49.9% |
| Total equity and liabilities | 10/49 | €156,684 | €130,519 | -€26,165 | -16.7% |
| Equity | 10/15 | €90,446 | €104,166 | +€13,720 | +15.2% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Reserves | 13 | €88,246 | €101,966 | +€13,720 | +15.5% |
| Distributable reserves | 133 | €88,246 | €101,966 | +€13,720 | +15.5% |
| Amounts payable | 17/49 | €66,238 | €26,353 | -€39,885 | -60.2% |
| Amounts payable within one year | 42/48 | €21,980 | €9,373 | -€12,607 | -57.4% |
| Trade debts | 44 | €8,448 | €9,373 | +€924 | +10.9% |
| Suppliers | 440/4 | €8,448 | €9,373 | +€924 | +10.9% |
| Taxes, remuneration and social security | 45 | €13,532 | - | -€13,532 | |
| Taxes | 450/3 | €13,532 | - | -€13,532 | |
| Accrued charges and deferred income | 492/3 | €44,258 | €16,980 | -€27,278 | -61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,148 | €1,859 | +€710 | +61.9% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €67,537 | €4,810 | -€62,727 | -92.9% |
| Operating profit (loss) | 9901 | €65,883 | €2,431 | -€63,452 | -96.3% |
| Financial income | 75/76B | €1,507 | €15,000 | +€13,494 | +895.6% |
| Recurring financial income | 75 | €7 | €0 | -€6 | -96.8% |
| Non-recurring financial income | 76B | €1,500 | €15,000 | +€13,500 | +900.0% |
| Financial charges | 65/66B | €108 | €106 | -€2 | -1.5% |
| Recurring financial charges | 65 | €108 | €106 | -€2 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €67,282 | €17,325 | -€49,957 | -74.2% |
| Income taxes | 67/77 | €13,532 | €3,605 | -€9,926 | -73.4% |
| Profit (loss) for the period | 9904 | €53,750 | €13,720 | -€40,030 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,750 | €13,720 | -€40,030 | -74.5% |
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 2 October 2026 via checked.be.