Hago Advies: 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.
Hago Advies
Largest movements
- Receivables within one year -€13,258
down €13,258 (-59.4%), from €22,305 to €9,047
of which Trade receivables: -€11,329
- Cash +€9,060
up €9,060 (+16.9%), from €53,486 to €62,546
mainly Net result for the year (+€28,297) and Receivables within one year (+€13,258)
- Deferred charges and accrued income +€1,189
up €1,189 (+5.4%), from €22,007 to €23,196
- Profit (loss) carried forward +€28,297
up €28,297 (+47.0%), from €60,265 to €88,562
- Tax, wage and social debts -€13,173
down €13,173 (-77.9%), from €16,900 to €3,727
- Trade debts -€9,353
down €9,353 (-100%), from €9,353 to €0
- Other debts -€9,136
down €9,136 (-100%), from €9,136 to €0
- Gross operating margin +€21,254
up €21,254, from -€6,754 to €14,500
- Taxes -€19,500
new in 2025: -€19,500
- Staff costs +€2,252
up €2,252 (+83.6%), from €2,695 to €4,947
- Other operating charges +€400
new in 2025: €400
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 | €98,154 | €94,789 | -€3,365 | -3.4% |
| Fixed assets | 21/28 | €356 | €0 | -€356 | -100% |
| Tangible fixed assets | 22/27 | €356 | €0 | -€356 | -100% |
| Plant, machinery and equipment | 23 | €356 | €0 | -€356 | -100% |
| Current assets | 29/58 | €97,798 | €94,789 | -€3,009 | -3.1% |
| Amounts receivable within one year | 40/41 | €22,305 | €9,047 | -€13,258 | -59.4% |
| Trade receivables | 40 | €13,794 | €2,465 | -€11,329 | -82.1% |
| Other amounts receivable | 41 | €8,511 | €6,582 | -€1,929 | -22.7% |
| Cash at bank and in hand | 54/58 | €53,486 | €62,546 | +€9,060 | +16.9% |
| Deferred charges and accrued income | 490/1 | €22,007 | €23,196 | +€1,189 | +5.4% |
| Total equity and liabilities | 10/49 | €98,154 | €94,789 | -€3,365 | -3.4% |
| Equity | 10/15 | €62,765 | €91,062 | +€28,297 | +45.1% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,265 | €88,562 | +€28,297 | +47.0% |
| Amounts payable | 17/49 | €35,389 | €3,727 | -€31,662 | -89.5% |
| Amounts payable within one year | 42/48 | €35,389 | €3,727 | -€31,662 | -89.5% |
| Trade debts | 44 | €9,353 | €0 | -€9,353 | -100% |
| Suppliers | 440/4 | €9,353 | €0 | -€9,353 | -100% |
| Taxes, remuneration and social security | 45 | €16,900 | €3,727 | -€13,173 | -77.9% |
| Taxes | 450/3 | €16,900 | €3,727 | -€13,173 | -77.9% |
| Other amounts payable | 47/48 | €9,136 | €0 | -€9,136 | -100% |
| Remuneration, social security and pensions | 62 | €2,695 | €4,947 | +€2,252 | +83.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €356 | -€2 | -0.6% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€6,754 | €14,500 | +€21,254 | |
| Operating profit (loss) | 9901 | -€9,807 | €8,797 | +€18,604 | |
| Profit (loss) for the period before taxes | 9903 | -€9,807 | €8,797 | +€18,604 | |
| Income taxes | 67/77 | - | -€19,500 | -€19,500 | |
| Profit (loss) for the period | 9904 | -€9,807 | €28,297 | +€38,104 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,807 | €28,297 | +€38,104 |
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 28 October 2026 via checked.be.