HYPOCRATE: 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.
HYPOCRATE
Largest movements
- Cash +€68,749
up €68,749 (+78.2%), from €87,948 to €156,697
mainly Net result for the year (+€33,438) and Depreciation (+€21,746)
- Deferred charges and accrued income -€15,184
down €15,184 (-78.6%), from €19,318 to €4,134
- Tangible fixed assets -€6,682
down €6,682 (-8.3%), from €80,851 to €74,169
of which Furniture and vehicles: -€15,030
- Receivables within one year +€3,022
up €3,022 (+1346.7%), from €224 to €3,247
- Profit (loss) carried forward +€33,438
up €33,438 (+23.5%), from €142,578 to €176,016
- Tax, wage and social debts +€7,199
up €7,199 (+17.6%), from €40,820 to €48,019
- Trade debts +€6,515
up €6,515 (+690.3%), from €944 to €7,459
- Accrued charges and deferred income +€2,754
new in 2025: €2,754
- Gross operating margin -€109,426
down €109,426 (-61.6%), from €177,725 to €68,299
- Taxes -€23,784
down €23,784 (-65.9%), from €36,065 to €12,281
- Depreciation +€8,007
up €8,007 (+58.3%), from €13,739 to €21,746
- Other operating charges -€4,856
down €4,856 (-86.1%), from €5,638 to €782
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 | €188,342 | €238,247 | +€49,906 | +26.5% |
| Fixed assets | 21/28 | €80,851 | €74,169 | -€6,682 | -8.3% |
| Tangible fixed assets | 22/27 | €80,851 | €74,169 | -€6,682 | -8.3% |
| Plant, machinery and equipment | 23 | €2,265 | €11,267 | +€9,002 | +397.5% |
| Furniture and vehicles | 24 | €76,080 | €61,050 | -€15,030 | -19.8% |
| Other tangible fixed assets | 26 | €2,506 | €1,852 | -€654 | -26.1% |
| Current assets | 29/58 | €107,491 | €164,078 | +€56,587 | +52.6% |
| Amounts receivable within one year | 40/41 | €224 | €3,247 | +€3,022 | +1346.7% |
| Other amounts receivable | 41 | €224 | €3,247 | +€3,022 | +1346.7% |
| Cash at bank and in hand | 54/58 | €87,948 | €156,697 | +€68,749 | +78.2% |
| Deferred charges and accrued income | 490/1 | €19,318 | €4,134 | -€15,184 | -78.6% |
| Total equity and liabilities | 10/49 | €188,342 | €238,247 | +€49,906 | +26.5% |
| Equity | 10/15 | €146,578 | €180,016 | +€33,438 | +22.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,578 | €176,016 | +€33,438 | +23.5% |
| Amounts payable | 17/49 | €41,764 | €58,231 | +€16,467 | +39.4% |
| Amounts payable within one year | 42/48 | €41,764 | €55,478 | +€13,714 | +32.8% |
| Trade debts | 44 | €944 | €7,459 | +€6,515 | +690.3% |
| Suppliers | 440/4 | €944 | €7,459 | +€6,515 | +690.3% |
| Taxes, remuneration and social security | 45 | €40,820 | €48,019 | +€7,199 | +17.6% |
| Taxes | 450/3 | €40,820 | €48,019 | +€7,199 | +17.6% |
| Accrued charges and deferred income | 492/3 | - | €2,754 | +€2,754 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,739 | €21,746 | +€8,007 | +58.3% |
| Other operating charges | 640/8 | €5,638 | €782 | -€4,856 | -86.1% |
| Gross operating margin | 9900 | €177,725 | €68,299 | -€109,426 | -61.6% |
| Operating profit (loss) | 9901 | €158,349 | €45,771 | -€112,577 | -71.1% |
| Financial income | 75/76B | €16 | €2 | -€14 | -90.4% |
| Recurring financial income | 75 | €16 | €2 | -€14 | -90.4% |
| Financial charges | 65/66B | €59 | €54 | -€5 | -9.3% |
| Recurring financial charges | 65 | €59 | €54 | -€5 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €158,305 | €45,719 | -€112,586 | -71.1% |
| Income taxes | 67/77 | €36,065 | €12,281 | -€23,784 | -65.9% |
| Profit (loss) for the period | 9904 | €122,240 | €33,438 | -€88,802 | -72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €122,240 | €33,438 | -€88,802 | -72.6% |
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 30 September 2026 via checked.be.