HYPOGEST: 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.
HYPOGEST
Largest movements
- Tangible fixed assets -€21,409
down €21,409 (-44.4%), from €48,172 to €26,763
of which Plant, machinery and equipment: -€21,409
- Cash -€1,915
down €1,915 (-12.7%), from €15,101 to €13,186
mainly Other debts (-€40,200) and Investment in fixed assets (net) (-€2,770)
- Other debts -€40,200
down €40,200 (-9.4%), from €425,883 to €385,683
- Profit (loss) carried forward +€11,469
up €11,469 (+1.3%), from -€871,173 to -€859,705
- Accrued charges and deferred income +€4,828
up €4,828 (+3.3%), from €144,197 to €149,025
- Gross operating margin -€3,833
down €3,833 (-7.6%), from €50,384 to €46,551
- Depreciation -€731
down €731 (-2.9%), from €24,910 to €24,179
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 | €64,087 | €39,949 | -€24,137 | -37.7% |
| Fixed assets | 21/28 | €48,172 | €26,763 | -€21,409 | -44.4% |
| Tangible fixed assets | 22/27 | €48,172 | €26,763 | -€21,409 | -44.4% |
| Land and buildings | 22 | €21,691 | €21,691 | = | 0.0% |
| Plant, machinery and equipment | 23 | €26,482 | €5,073 | -€21,409 | -80.8% |
| Current assets | 29/58 | €15,914 | €13,186 | -€2,729 | -17.1% |
| Amounts receivable within one year | 40/41 | €330 | - | -€330 | |
| Trade receivables | 40 | €330 | - | -€330 | |
| Cash at bank and in hand | 54/58 | €15,101 | €13,186 | -€1,915 | -12.7% |
| Deferred charges and accrued income | 490/1 | €484 | - | -€484 | |
| Total equity and liabilities | 10/49 | €64,087 | €39,949 | -€24,137 | -37.7% |
| Equity | 10/15 | -€619,000 | -€607,532 | +€11,469 | +1.9% |
| Contributions | 10/11 | €133,863 | €133,863 | = | 0.0% |
| Capital | 10 | €133,863 | €133,863 | = | 0.0% |
| Issued capital | 100 | €133,863 | €133,863 | = | 0.0% |
| Reserves | 13 | €118,311 | €118,311 | = | 0.0% |
| Tax-exempt reserves | 132 | €118,311 | €118,311 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€871,173 | -€859,705 | +€11,469 | +1.3% |
| Amounts payable | 17/49 | €683,087 | €647,481 | -€35,606 | -5.2% |
| Amounts payable after more than one year | 17 | €108,528 | €108,528 | = | 0.0% |
| Financial debts | 170/4 | €108,528 | €108,528 | = | 0.0% |
| Amounts payable within one year | 42/48 | €430,362 | €389,928 | -€40,434 | -9.4% |
| Trade debts | 44 | €4,479 | €4,245 | -€234 | -5.2% |
| Suppliers | 440/4 | €4,479 | €4,245 | -€234 | -5.2% |
| Other amounts payable | 47/48 | €425,883 | €385,683 | -€40,200 | -9.4% |
| Accrued charges and deferred income | 492/3 | €144,197 | €149,025 | +€4,828 | +3.3% |
| Non-recurring operating income | 76A | €11,778 | €1 | -€11,777 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,910 | €24,179 | -€731 | -2.9% |
| Other operating charges | 640/8 | €5,910 | €6,095 | +€186 | +3.1% |
| Gross operating margin | 9900 | €50,384 | €46,551 | -€3,833 | -7.6% |
| Operating profit (loss) | 9901 | €19,565 | €16,277 | -€3,288 | -16.8% |
| Financial charges | 65/66B | €4,829 | €4,808 | -€20 | -0.4% |
| Recurring financial charges | 65 | €4,829 | €4,808 | -€20 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €14,736 | €11,469 | -€3,267 | -22.2% |
| Profit (loss) for the period | 9904 | €14,736 | €11,469 | -€3,267 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,736 | €11,469 | -€3,267 | -22.2% |
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.