Exhibition HUB: 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.
Exhibition HUB
Largest movements
- Receivables within one year +€3.0m
up €3.0m (+36.8%), from €8.3m to €11.3m
of which Trade receivables: +€2.8m
- Tangible fixed assets -€1.2m
down €1.2m (-40.2%), from €3.0m to €1.8m
of which Plant, machinery and equipment: -€886,236
- Other debts +€2.0m
up €2.0m (+16.0%), from €12.7m to €14.7m
- Trade debts -€676,808
down €676,808 (-16.1%), from €4.2m to €3.5m
- Profit (loss) carried forward +€297,055
up €297,055 (+913%), from €32,530 to €329,585
- Other operating charges -€1.0m
down €1.0m (-56.1%), from €1.8m to €782,312
- Gross operating margin -€950,529
down €950,529 (-18.5%), from €5.1m to €4.2m
- Staff costs +€430,799
up €430,799 (+55.4%), from €777,265 to €1.2m
- Depreciation -€325,011
down €325,011 (-16.0%), from €2.0m to €1.7m
- Write-downs +€100,234
new in 2025: €100,234
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 | €17,103,433 | €18,785,081 | +€1.7m | +9.8% |
| Fixed assets | 21/28 | €7,766,118 | €6,388,383 | -€1.4m | -17.7% |
| Intangible fixed assets | 21 | €393,776 | €213,503 | -€180,273 | -45.8% |
| Tangible fixed assets | 22/27 | €3,043,310 | €1,820,848 | -€1.2m | -40.2% |
| Plant, machinery and equipment | 23 | €1,606,295 | €720,059 | -€886,236 | -55.2% |
| Furniture and vehicles | 24 | €1,437,014 | €1,100,789 | -€336,226 | -23.4% |
| Financial fixed assets | 28 | €4,329,032 | €4,354,032 | +€25,000 | +0.6% |
| Current assets | 29/58 | €9,337,315 | €12,396,698 | +€3.1m | +32.8% |
| Stocks and contracts in progress | 3 | €386,086 | €386,086 | = | 0.0% |
| Stocks | 30/36 | €386,086 | €386,086 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,250,667 | €11,290,141 | +€3.0m | +36.8% |
| Trade receivables | 40 | €7,049,037 | €9,841,100 | +€2.8m | +39.6% |
| Other amounts receivable | 41 | €1,201,630 | €1,449,040 | +€247,410 | +20.6% |
| Cash at bank and in hand | 54/58 | €700,561 | €720,197 | +€19,636 | +2.8% |
| Deferred charges and accrued income | 490/1 | - | €274 | +€274 | |
| Total equity and liabilities | 10/49 | €17,103,433 | €18,785,081 | +€1.7m | +9.8% |
| Equity | 10/15 | €52,990 | €350,045 | +€297,055 | +561% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,530 | €329,585 | +€297,055 | +913% |
| Amounts payable | 17/49 | €17,050,443 | €18,435,036 | +€1.4m | +8.1% |
| Amounts payable within one year | 42/48 | €17,035,508 | €18,435,036 | +€1.4m | +8.2% |
| Trade debts | 44 | €4,197,793 | €3,520,985 | -€676,808 | -16.1% |
| Suppliers | 440/4 | €4,197,793 | €3,520,985 | -€676,808 | -16.1% |
| Taxes, remuneration and social security | 45 | €144,080 | €188,858 | +€44,778 | +31.1% |
| Taxes | 450/3 | €33,786 | €63,438 | +€29,652 | +87.8% |
| Remuneration and social security | 454/9 | €110,294 | €125,421 | +€15,127 | +13.7% |
| Other amounts payable | 47/48 | €12,693,635 | €14,725,192 | +€2.0m | +16.0% |
| Accrued charges and deferred income | 492/3 | €14,935 | - | -€14,935 | |
| Remuneration, social security and pensions | 62 | €777,265 | €1,208,064 | +€430,799 | +55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,034,485 | €1,709,474 | -€325,011 | -16.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €100,234 | +€100,234 | |
| Other operating charges | 640/8 | €1,782,706 | €782,312 | -€1.0m | -56.1% |
| Gross operating margin | 9900 | €5,148,109 | €4,197,580 | -€950,529 | -18.5% |
| Operating profit (loss) | 9901 | €553,653 | €397,495 | -€156,158 | -28.2% |
| Financial income | 75/76B | €39,038 | €3,072 | -€35,966 | -92.1% |
| Recurring financial income | 75 | €39,038 | €3,072 | -€35,966 | -92.1% |
| Financial charges | 65/66B | €41,681 | €42,431 | +€750 | +1.8% |
| Recurring financial charges | 65 | €41,681 | €42,431 | +€750 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €551,010 | €358,136 | -€192,874 | -35.0% |
| Income taxes | 67/77 | €11,775 | €61,081 | +€49,307 | +419% |
| Profit (loss) for the period | 9904 | €539,235 | €297,055 | -€242,180 | -44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €539,235 | €297,055 | -€242,180 | -44.9% |
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 1 November 2026 via checked.be.