HYPOED: 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.
HYPOED
Largest movements
- Deferred charges and accrued income +€7,511
up €7,511 (+274.5%), from €2,736 to €10,246
- Cash +€6,294
up €6,294 (+69.8%), from €9,021 to €15,315
mainly Net result for the year (+€7,123) and Tax, wage and social debts (+€6,445)
- Tangible fixed assets +€730
new in 2025: €730
- Profit (loss) carried forward +€7,123
up €7,123, from -€2,846 to €4,277
- Tax, wage and social debts +€6,445
up €6,445 (+373.2%), from €1,727 to €8,172
of which Remuneration and social security: +€4,871
- Trade debts +€967
up €967 (+86.6%), from €1,116 to €2,084
- Gross operating margin +€29,789
up €29,789 (+234.6%), from €12,699 to €42,488
- Staff costs +€17,852
up €17,852 (+117.8%), from €15,158 to €33,010
- Taxes +€1,574
new in 2025: €1,574
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 | €11,898 | €26,291 | +€14,393 | +121.0% |
| Fixed assets | 21/28 | - | €730 | +€730 | |
| Tangible fixed assets | 22/27 | - | €730 | +€730 | |
| Furniture and vehicles | 24 | - | €730 | +€730 | |
| Current assets | 29/58 | €11,898 | €25,561 | +€13,663 | +114.8% |
| Amounts receivable within one year | 40/41 | €142 | - | -€142 | |
| Other amounts receivable | 41 | €142 | - | -€142 | |
| Cash at bank and in hand | 54/58 | €9,021 | €15,315 | +€6,294 | +69.8% |
| Deferred charges and accrued income | 490/1 | €2,736 | €10,246 | +€7,511 | +274.5% |
| Total equity and liabilities | 10/49 | €11,898 | €26,291 | +€14,393 | +121.0% |
| Equity | 10/15 | €154 | €7,277 | +€7,123 | +4616.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,846 | €4,277 | +€7,123 | |
| Amounts payable | 17/49 | €11,744 | €19,014 | +€7,270 | +61.9% |
| Amounts payable within one year | 42/48 | €11,744 | €19,014 | +€7,270 | +61.9% |
| Trade debts | 44 | €1,116 | €2,084 | +€967 | +86.6% |
| Suppliers | 440/4 | €1,116 | €2,084 | +€967 | +86.6% |
| Taxes, remuneration and social security | 45 | €1,727 | €8,172 | +€6,445 | +373.2% |
| Taxes | 450/3 | - | €1,574 | +€1,574 | |
| Remuneration and social security | 454/9 | €1,727 | €6,598 | +€4,871 | +282.0% |
| Other amounts payable | 47/48 | €8,900 | €8,759 | -€142 | -1.6% |
| Remuneration, social security and pensions | 62 | €15,158 | €33,010 | +€17,852 | +117.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €314 | +€314 | |
| Other operating charges | 640/8 | €387 | €448 | +€61 | +15.8% |
| Gross operating margin | 9900 | €12,699 | €42,488 | +€29,789 | +234.6% |
| Operating profit (loss) | 9901 | -€2,846 | €8,716 | +€11,562 | |
| Financial charges | 65/66B | - | €19 | +€19 | |
| Recurring financial charges | 65 | - | €19 | +€19 | |
| Profit (loss) for the period before taxes | 9903 | -€2,846 | €8,697 | +€11,543 | |
| Income taxes | 67/77 | - | €1,574 | +€1,574 | |
| Profit (loss) for the period | 9904 | -€2,846 | €7,123 | +€9,969 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,846 | €7,123 | +€9,969 |
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 8 October 2026 via checked.be.