Hypercharge: what changed
Hypercharge
Largest movements
- Receivables within one year +€365,667
up €365,667 (+81.9%), from €446,654 to €812,321
of which Trade receivables: +€365,224
- Intangible fixed assets +€363,717
up €363,717 (+18.8%), from €1.9m to €2.3m
- Cash -€197,183
down €197,183 (-82.6%), from €238,838 to €41,655
mainly Investment in fixed assets (net) (-€1.1m) and Other debts (-€1.1m)
- Other debts -€1.1m
no longer reported in 2025 (was €1.1m)
- Debts after one year +€863,989
up €863,989 (+1,329%), from €65,000 to €928,989
of which Financial debts: +€863,989
- Reserves +€414,330
up €414,330 (+33.9%), from €1.2m to €1.6m
- Trade debts +€159,051
up €159,051 (+102%), from €156,346 to €315,397
- Current portion of long-term debt +€95,347
new in 2025: €95,347
- Turnover -€2.1m
no longer reported in 2025 (was €2.1m)
- Purchases and services -€637,314
no longer reported in 2025 (was €637,314)
- Staff costs +€150,162
up €150,162 (+50.3%), from €298,438 to €448,600
- Depreciation +€110,673
up €110,673 (+18.1%), from €611,486 to €722,159
- Gross operating margin +€48,004
up €48,004 (+3.0%), from €1.6m to €1.6m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,630,673 | €3,172,861 | +€542,188 | +20.6% |
| Fixed assets | 21/28 | €1,939,255 | €2,309,027 | +€369,772 | +19.1% |
| Intangible fixed assets | 21 | €1,937,042 | €2,300,759 | +€363,717 | +18.8% |
| Tangible fixed assets | 22/27 | €2,213 | €8,268 | +€6,055 | +274% |
| Furniture and vehicles | 24 | €2,213 | €8,268 | +€6,055 | +274% |
| Current assets | 29/58 | €691,418 | €863,834 | +€172,416 | +24.9% |
| Amounts receivable within one year | 40/41 | €446,654 | €812,321 | +€365,667 | +81.9% |
| Trade receivables | 40 | €441,713 | €806,937 | +€365,224 | +82.7% |
| Other amounts receivable | 41 | €4,941 | €5,384 | +€443 | +9.0% |
| Cash at bank and in hand | 54/58 | €238,838 | €41,655 | -€197,183 | -82.6% |
| Deferred charges and accrued income | 490/1 | €5,926 | €9,858 | +€3,932 | +66.4% |
| Total equity and liabilities | 10/49 | €2,630,673 | €3,172,861 | +€542,188 | +20.6% |
| Equity | 10/15 | €1,245,963 | €1,660,293 | +€414,330 | +33.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,220,963 | €1,635,293 | +€414,330 | +33.9% |
| Distributable reserves | 133 | €1,220,963 | €1,635,293 | +€414,330 | +33.9% |
| Amounts payable | 17/49 | €1,384,710 | €1,512,568 | +€127,858 | +9.2% |
| Amounts payable after more than one year | 17 | €65,000 | €928,989 | +€863,989 | +1,329% |
| Financial debts | 170/4 | - | €863,989 | +€863,989 | |
| Other amounts payable | 178/9 | €65,000 | €65,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,319,710 | €583,579 | -€736,131 | -55.8% |
| Current portion of amounts payable after more than one year | 42 | - | €95,347 | +€95,347 | |
| Trade debts | 44 | €156,346 | €315,397 | +€159,051 | +102% |
| Suppliers | 440/4 | €156,346 | €315,397 | +€159,051 | +102% |
| Taxes, remuneration and social security | 45 | €82,512 | €172,835 | +€90,323 | +109% |
| Taxes | 450/3 | €61,618 | €130,105 | +€68,487 | +111% |
| Remuneration and social security | 454/9 | €20,894 | €42,730 | +€21,836 | +105% |
| Other amounts payable | 47/48 | €1,080,852 | - | -€1.1m | |
| Turnover | 70 | €2,149,123 | - | -€2.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | €637,314 | - | -€637,314 | |
| Remuneration, social security and pensions | 62 | €298,438 | €448,600 | +€150,162 | +50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €611,486 | €722,159 | +€110,673 | +18.1% |
| Other operating charges | 640/8 | €20,430 | €5,478 | -€14,952 | -73.2% |
| Gross operating margin | 9900 | €1,581,167 | €1,629,171 | +€48,004 | +3.0% |
| Operating profit (loss) | 9901 | €650,813 | €452,934 | -€197,879 | -30.4% |
| Financial income | 75/76B | €322 | €1,961 | +€1,639 | +509% |
| Recurring financial income | 75 | €322 | €1,961 | +€1,639 | +509% |
| Financial charges | 65/66B | €4,409 | €25,211 | +€20,802 | +472% |
| Recurring financial charges | 65 | €4,409 | €25,211 | +€20,802 | +472% |
| Profit (loss) for the period before taxes | 9903 | €646,726 | €429,684 | -€217,042 | -33.6% |
| Income taxes | 67/77 | €25,000 | €15,354 | -€9,646 | -38.6% |
| Profit (loss) for the period | 9904 | €621,726 | €414,330 | -€207,396 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €621,726 | €414,330 | -€207,396 | -33.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.