HYPOTHEEKWINKEL: 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.
What changed
HYPOTHEEKWINKEL
NACE 66.220, Insurance agents and brokers
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.3m
2024 · €1.0m+€1.3m
Equity
€9.0m
2024 · €6.7m+€2.3m
Cash
€280,094
2024 · €1.1m-€775,203
Balance sheet total
€21.3m
2024 · €17.0m+€4.3m
Largest movements
Assets
- Deferred charges and accrued income +€5.0m
up €5.0m (+48.2%), from €10.3m to €15.3m
- Cash -€775,203
down €775,203 (-73.5%), from €1.1m to €280,094
mainly Deferred charges and accrued income (-€5.0m) and Other debts (-€2.1m)
Equity and liabilities
- Accrued charges and deferred income +€2.9m
up €2.9m (+41.1%), from €7.1m to €10.0m
- Profit (loss) carried forward +€2.3m
up €2.3m (+35.2%), from €6.6m to €8.9m
- Other debts -€2.1m
down €2.1m (-80.3%), from €2.6m to €508,222
- Trade debts +€718,879
up €718,879 (+210.8%), from €340,987 to €1.1m
- Tax, wage and social debts +€481,128
up €481,128 (+242.1%), from €198,701 to €679,830
of which Taxes: +€362,626
Income statement
- Turnover +€8.8m
up €8.8m (+49.2%), from €18.0m to €26.8m
- Goods and materials +€5.0m
up €5.0m (+42.0%), from €11.9m to €16.9m
- Services and other goods +€1.5m
up €1.5m (+58.9%), from €2.5m to €4.0m
- Staff costs +€619,853
up €619,853 (+33.8%), from €1.8m to €2.5m
- Taxes +€455,850
up €455,850 (+124.7%), from €365,690 to €821,540
of which Taxes: +€458,264
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.
Result 2024
€1.0m
Turnover
+€8.8m
Other operating income
-€62,216
Goods and materials
-€5.0m
Services and other goods
-€1.5m
Staff costs
-€619,853
Depreciation
-€51,606
Other operating charges
-€1,318
Other operating items
+€20,930
Financial income
-€8,285
Financial charges
+€108,241
Taxes
-€455,850
Result 2025
€2.3m
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.
From operations
-€402,568
Investment
-€353,154
Financing
-€19,482
Cash 2024
€1.1m
From operations (derived)
-€402,568
Net result for the year
+€2.3m
Depreciation
+€340,996
Receivables after one year
-€51,390
Receivables within one year
-€59,730
Deferred charges and accrued income
-€5.0m
Trade debts
+€718,879
Tax, wage and social debts
+€481,128
Other debts
-€2.1m
Accrued charges and deferred income
+€2.9m
Investment (derived)
-€353,154
Investment in fixed assets (net)
-€353,154
Financing
-€19,482
Debts after one year
-€12,198
Current portion of long-term debt
-€7,284
Cash 2025
€280,094
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,018,068 | €21,347,614 | +€4.3m | +25.4% |
| Fixed assets | 21/28 | €4,949,888 | €4,962,046 | +€12,157 | +0.2% |
| Intangible fixed assets | 21 | €677,153 | €708,479 | +€31,326 | +4.6% |
| Tangible fixed assets | 22/27 | €261,837 | €242,753 | -€19,084 | -7.3% |
| Plant, machinery and equipment | 23 | €97,753 | €115,300 | +€17,548 | +18.0% |
| Furniture and vehicles | 24 | €82,572 | €56,453 | -€26,119 | -31.6% |
| Other tangible fixed assets | 26 | €81,513 | €71,000 | -€10,513 | -12.9% |
| Financial fixed assets | 28 | €4,010,898 | €4,010,814 | -€84 | 0.0% |
| Affiliated companies | 280/1 | €3,987,635 | €3,987,635 | = | 0.0% |
| Participating interests | 280 | €3,987,635 | €3,987,635 | = | 0.0% |
| Other financial fixed assets | 284/8 | €23,264 | €23,180 | -€84 | -0.4% |
| Amounts receivable and cash guarantees | 285/8 | €23,264 | €23,180 | -€84 | -0.4% |
| Current assets | 29/58 | €12,068,180 | €16,385,569 | +€4.3m | +35.8% |
| Amounts receivable after more than one year | 29 | - | €51,390 | +€51,390 | |
| Other amounts receivable | 291 | - | €51,390 | +€51,390 | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €373,755 | €433,485 | +€59,730 | +16.0% |
| Trade receivables | 40 | €13,120 | €174,867 | +€161,747 | +1232.8% |
| Other amounts receivable | 41 | €360,635 | €258,619 | -€102,017 | -28.3% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Other investments | 51/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,055,297 | €280,094 | -€775,203 | -73.5% |
| Deferred charges and accrued income | 490/1 | €10,339,128 | €15,320,599 | +€5.0m | +48.2% |
| Total equity and liabilities | 10/49 | €17,018,068 | €21,347,614 | +€4.3m | +25.4% |
| Equity | 10/15 | €6,675,183 | €8,982,021 | +€2.3m | +34.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €102,000 | €102,000 | = | 0.0% |
| Distributable reserves | 133 | €102,000 | €102,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,553,183 | €8,860,021 | +€2.3m | +35.2% |
| Amounts payable | 17/49 | €10,342,885 | €12,365,593 | +€2.0m | +19.6% |
| Amounts payable after more than one year | 17 | €22,685 | €10,488 | -€12,198 | -53.8% |
| Financial debts | 170/4 | €22,685 | €10,488 | -€12,198 | -53.8% |
| Credit institutions | 173 | €22,685 | €10,488 | -€12,198 | -53.8% |
| Amounts payable within one year | 42/48 | €3,237,210 | €2,361,178 | -€876,031 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €120,545 | €113,261 | -€7,284 | -6.0% |
| Trade debts | 44 | €340,987 | €1,059,866 | +€718,879 | +210.8% |
| Suppliers | 440/4 | €340,987 | €1,059,866 | +€718,879 | +210.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €198,701 | €679,830 | +€481,128 | +242.1% |
| Taxes | 450/3 | €16,067 | €378,693 | +€362,626 | +2257.0% |
| Remuneration and social security | 454/9 | €182,634 | €301,137 | +€118,502 | +64.9% |
| Other amounts payable | 47/48 | €2,576,977 | €508,222 | -€2.1m | -80.3% |
| Accrued charges and deferred income | 492/3 | €7,082,990 | €9,993,927 | +€2.9m | +41.1% |
| Operating income | 70/76A | €18,118,715 | €26,936,649 | +€8.8m | +48.7% |
| Turnover | 70 | €17,970,126 | €26,812,307 | +€8.8m | +49.2% |
| Own construction capitalised | 72 | - | €34,800 | +€34,800 | |
| Other operating income | 74 | €147,694 | €85,478 | -€62,216 | -42.1% |
| Non-recurring operating income | 76A | €894 | €4,063 | +€3,169 | +354.5% |
| Operating charges | 60/66A | €16,552,191 | €23,713,513 | +€7.2m | +43.3% |
| Goods for resale, raw materials and consumables | 60 | €11,910,850 | €16,909,888 | +€5.0m | +42.0% |
| Purchases | 600/8 | €11,910,850 | €16,909,888 | +€5.0m | +42.0% |
| Services and other goods | 61 | €2,498,964 | €3,971,431 | +€1.5m | +58.9% |
| Remuneration, social security and pensions | 62 | €1,836,283 | €2,456,136 | +€619,853 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289,390 | €340,996 | +€51,606 | +17.8% |
| Other operating charges | 640/8 | €7,516 | €8,833 | +€1,318 | +17.5% |
| Non-recurring operating charges | 66A | €9,189 | €26,227 | +€17,039 | +185.4% |
| Operating profit (loss) | 9901 | €1,566,524 | €3,223,136 | +€1.7m | +105.8% |
| Financial income | 75/76B | €28,962 | €20,677 | -€8,285 | -28.6% |
| Recurring financial income | 75 | €28,962 | €20,677 | -€8,285 | -28.6% |
| Income from financial fixed assets | 750 | - | €1,390 | +€1,390 | |
| Income from current assets | 751 | €28,934 | €18,702 | -€10,232 | -35.4% |
| Other financial income | 752/9 | €28 | €584 | +€556 | +1967.0% |
| Financial charges | 65/66B | €223,676 | €115,435 | -€108,241 | -48.4% |
| Recurring financial charges | 65 | €223,676 | €115,435 | -€108,241 | -48.4% |
| Debt charges | 650 | €219,625 | €114,062 | -€105,563 | -48.1% |
| Other financial charges | 652/9 | €4,051 | €1,373 | -€2,678 | -66.1% |
| Profit (loss) for the period before taxes | 9903 | €1,371,810 | €3,128,378 | +€1.8m | +128.0% |
| Income taxes | 67/77 | €365,690 | €821,540 | +€455,850 | +124.7% |
| Taxes | 670/3 | €365,690 | €823,954 | +€458,264 | +125.3% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €2,415 | +€2,415 | |
| Profit (loss) for the period | 9904 | €1,006,120 | €2,306,838 | +€1.3m | +129.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,006,120 | €2,306,838 | +€1.3m | +129.3% |
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 6 October 2026 via checked.be.