EXPO HOUSE: what changed
What changed
EXPO HOUSE
NACE 47.690, Retail sale of other cultural and recreation goods
filed annual accounts (NBB)
Net result for the year
-€33,832
2024 · €6,615-€40,446
Equity
-€8,134
2024 · €25,698-€33,832
Cash
€65,251
2024 · €60,601+€4,650
Balance sheet total
€298,460
2024 · €340,637-€42,177
Largest movements
Assets
- Tangible fixed assets -€35,452
down €35,452 (-13.3%), from €266,988 to €231,535
of which Land and buildings: -€26,916
- Receivables within one year -€12,324
down €12,324 (-94.4%), from €13,048 to €725
of which Trade receivables: -€6,711
- Cash +€4,650
up €4,650 (+7.7%), from €60,601 to €65,251
mainly Depreciation (+€35,452) and Receivables within one year (+€12,324)
Equity and liabilities
- Profit (loss) carried forward -€33,832
down €33,832, from €0 to -€33,832
- Debts after one year -€14,910
down €14,910 (-6.0%), from €250,033 to €235,123
- Other debts +€6,670
up €6,670 (+16.0%), from €41,735 to €48,405
Income statement
- Gross operating margin -€40,776
down €40,776 (-67.0%), from €60,906 to €20,129
- Financial charges +€3,971
up €3,971 (+48.4%), from €8,207 to €12,178
- Depreciation -€2,164
down €2,164 (-5.8%), from €37,616 to €35,452
- Taxes -€2,139
down €2,139 (-90.5%), from €2,363 to €224
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.
Result 2024
€6,615
Gross operating margin
-€40,776
Depreciation
+€2,164
Other operating charges
-€388
Financial income
+€386
Financial charges
-€3,971
Taxes
+€2,139
Result 2025
-€33,832
raises the resultlowers the result
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.
From operations
+€19,492
Investment
€0
Financing
-€14,841
Cash 2024
€60,601
From operations (derived)
+€19,492
Net result for the year
-€33,832
Depreciation
+€35,452
Stocks and contracts
-€784
Receivables within one year
+€12,324
Deferred charges and accrued income
-€164
Trade debts
+€2,867
Tax, wage and social debts
-€2,842
Other debts
+€6,670
Accrued charges and deferred income
-€200
Financing
-€14,841
Debts after one year
-€14,910
Current portion of long-term debt
+€69
Cash 2025
€65,251
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €340,637 | €298,460 | -€42,177 | -12.4% |
| Fixed assets | 21/28 | €266,988 | €231,535 | -€35,452 | -13.3% |
| Tangible fixed assets | 22/27 | €266,988 | €231,535 | -€35,452 | -13.3% |
| Land and buildings | 22 | €248,542 | €221,626 | -€26,916 | -10.8% |
| Plant, machinery and equipment | 23 | €7,801 | €4,426 | -€3,376 | -43.3% |
| Furniture and vehicles | 24 | €10,645 | €5,484 | -€5,161 | -48.5% |
| Current assets | 29/58 | €73,650 | €66,925 | -€6,725 | -9.1% |
| Stocks and contracts in progress | 3 | - | €784 | +€784 | |
| Stocks | 30/36 | - | €784 | +€784 | |
| Amounts receivable within one year | 40/41 | €13,048 | €725 | -€12,324 | -94.4% |
| Trade receivables | 40 | €7,355 | €644 | -€6,711 | -91.2% |
| Other amounts receivable | 41 | €5,694 | €81 | -€5,613 | -98.6% |
| Cash at bank and in hand | 54/58 | €60,601 | €65,251 | +€4,650 | +7.7% |
| Deferred charges and accrued income | 490/1 | €0 | €164 | +€164 | |
| Total equity and liabilities | 10/49 | €340,637 | €298,460 | -€42,177 | -12.4% |
| Equity | 10/15 | €25,698 | -€8,134 | -€33,832 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,098 | €7,098 | = | 0.0% |
| Distributable reserves | 133 | €7,098 | €7,098 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€33,832 | -€33,832 | |
| Amounts payable | 17/49 | €314,940 | €306,594 | -€8,346 | -2.6% |
| Amounts payable after more than one year | 17 | €250,033 | €235,123 | -€14,910 | -6.0% |
| Financial debts | 170/4 | €250,033 | €235,123 | -€14,910 | -6.0% |
| Amounts payable within one year | 42/48 | €64,406 | €71,171 | +€6,765 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €14,841 | €14,910 | +€69 | +0.5% |
| Trade debts | 44 | €1,797 | €4,665 | +€2,867 | +160% |
| Suppliers | 440/4 | €1,797 | €4,665 | +€2,867 | +160% |
| Taxes, remuneration and social security | 45 | €6,032 | €3,191 | -€2,842 | -47.1% |
| Taxes | 450/3 | €4,282 | €1,391 | -€2,892 | -67.5% |
| Remuneration and social security | 454/9 | €1,750 | €1,800 | +€50 | +2.9% |
| Other amounts payable | 47/48 | €41,735 | €48,405 | +€6,670 | +16.0% |
| Accrued charges and deferred income | 492/3 | €500 | €300 | -€200 | -40.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,616 | €35,452 | -€2,164 | -5.8% |
| Other operating charges | 640/8 | €6,332 | €6,720 | +€388 | +6.1% |
| Gross operating margin | 9900 | €60,906 | €20,129 | -€40,776 | -67.0% |
| Operating profit (loss) | 9901 | €16,957 | -€22,043 | -€39,000 | |
| Financial income | 75/76B | €228 | €614 | +€386 | +170% |
| Recurring financial income | 75 | €228 | €614 | +€386 | +170% |
| Financial charges | 65/66B | €8,207 | €12,178 | +€3,971 | +48.4% |
| Recurring financial charges | 65 | €8,207 | €12,178 | +€3,971 | +48.4% |
| Profit (loss) for the period before taxes | 9903 | €8,978 | -€33,607 | -€42,585 | |
| Income taxes | 67/77 | €2,363 | €224 | -€2,139 | -90.5% |
| Profit (loss) for the period | 9904 | €6,615 | -€33,832 | -€40,446 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,615 | -€33,832 | -€40,446 |
Next steps
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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 6 November 2026 via checked.be.