HACQUEDEAU EXPLOITATION: 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.
HACQUEDEAU EXPLOITATION
Largest movements
- Tangible fixed assets -€93,640
down €93,640 (-4.5%), from €2.1m to €2.0m
of which Land and buildings: -€78,794
- Other debts -€52,360
down €52,360 (-1.9%), from €2.8m to €2.7m
- Profit (loss) carried forward -€38,153
down €38,153 (-7.9%), from -€483,119 to -€521,272
- Gross operating margin -€19,878
down €19,878 (-24.6%), from €80,802 to €60,924
- Other operating charges -€2,691
down €2,691 (-72.9%), from €3,689 to €998
- Financial income -€2,148
down €2,148 (-31.1%), from €6,899 to €4,751
- Staff costs -€1,309
no longer reported in 2025 (was €1,309)
- Depreciation +€1,089
up €1,089 (+1.1%), from €101,264 to €102,353
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 | €2,331,794 | €2,248,738 | -€83,056 | -3.6% |
| Fixed assets | 21/28 | €2,072,787 | €1,979,147 | -€93,640 | -4.5% |
| Tangible fixed assets | 22/27 | €2,072,607 | €1,978,967 | -€93,640 | -4.5% |
| Land and buildings | 22 | €2,006,873 | €1,928,079 | -€78,794 | -3.9% |
| Plant, machinery and equipment | 23 | €45,733 | €35,888 | -€9,846 | -21.5% |
| Furniture and vehicles | 24 | €20,000 | €15,000 | -€5,000 | -25.0% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €259,007 | €269,591 | +€10,584 | +4.1% |
| Amounts receivable within one year | 40/41 | €248,257 | €261,476 | +€13,219 | +5.3% |
| Trade receivables | 40 | €19,323 | €9,791 | -€9,532 | -49.3% |
| Other amounts receivable | 41 | €228,933 | €251,684 | +€22,751 | +9.9% |
| Cash at bank and in hand | 54/58 | €10,736 | €8,116 | -€2,620 | -24.4% |
| Deferred charges and accrued income | 490/1 | €15 | - | -€15 | |
| Total equity and liabilities | 10/49 | €2,331,794 | €2,248,738 | -€83,056 | -3.6% |
| Equity | 10/15 | -€476,919 | -€515,072 | -€38,153 | -8.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€483,119 | -€521,272 | -€38,153 | -7.9% |
| Amounts payable | 17/49 | €2,808,713 | €2,763,810 | -€44,903 | -1.6% |
| Amounts payable within one year | 42/48 | €2,804,837 | €2,763,810 | -€41,028 | -1.5% |
| Trade debts | 44 | €1,356 | €11,756 | +€10,400 | +767% |
| Suppliers | 440/4 | €1,356 | €11,756 | +€10,400 | +767% |
| Taxes, remuneration and social security | 45 | €2,232 | €3,164 | +€933 | +41.8% |
| Taxes | 450/3 | €2,000 | €2,933 | +€933 | +46.6% |
| Remuneration and social security | 454/9 | €232 | €232 | = | 0.0% |
| Other amounts payable | 47/48 | €2,801,249 | €2,748,890 | -€52,360 | -1.9% |
| Accrued charges and deferred income | 492/3 | €3,876 | - | -€3,876 | |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Remuneration, social security and pensions | 62 | €1,309 | - | -€1,309 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,264 | €102,353 | +€1,089 | +1.1% |
| Other operating charges | 640/8 | €3,689 | €998 | -€2,691 | -72.9% |
| Gross operating margin | 9900 | €80,802 | €60,924 | -€19,878 | -24.6% |
| Operating profit (loss) | 9901 | -€25,461 | -€42,427 | -€16,967 | -66.6% |
| Financial income | 75/76B | €6,899 | €4,751 | -€2,148 | -31.1% |
| Recurring financial income | 75 | €6,899 | €4,751 | -€2,148 | -31.1% |
| Financial charges | 65/66B | €772 | €476 | -€296 | -38.4% |
| Recurring financial charges | 65 | €772 | €476 | -€296 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | -€19,334 | -€38,153 | -€18,819 | -97.3% |
| Profit (loss) for the period | 9904 | -€19,334 | -€38,153 | -€18,819 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,334 | -€38,153 | -€18,819 | -97.3% |
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 19 October 2026 via checked.be.