nohippo: what changed
Two financial 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.
nohippo
Largest movements
- Cash +€190,468
up €190,468 (+142%), from €134,246 to €324,715
mainly Current investments (+€133,506) and Net result for the year (+€43,974)
- Current investments -€133,506
down €133,506 (-100%), from €133,506 to €0
- Receivables within one year -€38,822
down €38,822 (-23.1%), from €167,794 to €128,972
of which Trade receivables: -€38,822
- Reserves +€43,900
up €43,900 (+15.3%), from €286,100 to €330,000
- Trade debts -€20,453
down €20,453 (-19.5%), from €104,779 to €84,326
- Tax, wage and social debts -€5,913
down €5,913 (-15.5%), from €38,260 to €32,347
- Gross operating margin -€62,273
down €62,273 (-49.0%), from €127,072 to €64,799
- Financial charges -€15,372
down €15,372 (-92.0%), from €16,711 to €1,339
- Taxes -€15,120
down €15,120 (-43.9%), from €34,476 to €19,356
- Financial income -€11,589
down €11,589 (-92.1%), from €12,579 to €989
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.
Derived cash bridge
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 | €436,051 | €453,859 | +€17,808 | +4.1% |
| Fixed assets | 21/28 | €505 | €172 | -€333 | -66.0% |
| Tangible fixed assets | 22/27 | €505 | €172 | -€333 | -66.0% |
| Furniture and vehicles | 24 | €505 | €172 | -€333 | -66.0% |
| Current assets | 29/58 | €435,547 | €453,687 | +€18,141 | +4.2% |
| Amounts receivable within one year | 40/41 | €167,794 | €128,972 | -€38,822 | -23.1% |
| Trade receivables | 40 | €158,695 | €119,874 | -€38,822 | -24.5% |
| Other amounts receivable | 41 | €9,099 | €9,099 | = | 0.0% |
| Current investments | 50/53 | €133,506 | €0 | -€133,506 | -100% |
| Cash at bank and in hand | 54/58 | €134,246 | €324,715 | +€190,468 | +142% |
| Total equity and liabilities | 10/49 | €436,051 | €453,859 | +€17,808 | +4.1% |
| Equity | 10/15 | €291,262 | €335,236 | +€43,974 | +15.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €286,100 | €330,000 | +€43,900 | +15.3% |
| Distributable reserves | 133 | €286,100 | €330,000 | +€43,900 | +15.3% |
| Profit (loss) carried forward | 14 | €162 | €236 | +€74 | +45.4% |
| Amounts payable | 17/49 | €144,789 | €118,623 | -€26,166 | -18.1% |
| Amounts payable within one year | 42/48 | €143,039 | €116,673 | -€26,366 | -18.4% |
| Trade debts | 44 | €104,779 | €84,326 | -€20,453 | -19.5% |
| Suppliers | 440/4 | €104,779 | €84,326 | -€20,453 | -19.5% |
| Taxes, remuneration and social security | 45 | €38,260 | €32,347 | -€5,913 | -15.5% |
| Taxes | 450/3 | €38,260 | €32,347 | -€5,913 | -15.5% |
| Accrued charges and deferred income | 492/3 | €1,750 | €1,950 | +€200 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333 | €333 | = | 0.0% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | €127,072 | €64,799 | -€62,273 | -49.0% |
| Operating profit (loss) | 9901 | €126,739 | €63,679 | -€63,060 | -49.8% |
| Financial income | 75/76B | €12,579 | €989 | -€11,589 | -92.1% |
| Recurring financial income | 75 | €12,579 | €989 | -€11,589 | -92.1% |
| Financial charges | 65/66B | €16,711 | €1,339 | -€15,372 | -92.0% |
| Recurring financial charges | 65 | €16,711 | €1,339 | -€15,372 | -92.0% |
| Profit (loss) for the period before taxes | 9903 | €122,607 | €63,330 | -€59,277 | -48.3% |
| Income taxes | 67/77 | €34,476 | €19,356 | -€15,120 | -43.9% |
| Profit (loss) for the period | 9904 | €88,131 | €43,974 | -€44,157 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €88,131 | €43,974 | -€44,157 | -50.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.