HAP-Events: what changed
Two fiscal 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.
HAP-Events
Largest movements
- Receivables within one year -€192,540
down €192,540 (-65.9%), from €292,183 to €99,644
of which Other amounts receivable: -€151,526
- Tangible fixed assets -€78,351
down €78,351 (-73.8%), from €106,105 to €27,754
of which Plant, machinery and equipment: -€70,689
- Cash -€31,470
down €31,470 (-85.9%), from €36,628 to €5,158
mainly Net result for the year (-€591,032) and Trade debts (-€102,883)
- Deferred charges and accrued income -€4,757
down €4,757 (-52.1%), from €9,125 to €4,367
- Profit (loss) carried forward -€591,032
down €591,032 (-378.3%), from -€156,238 to -€747,271
- Provisions +€377,357
up €377,357 (+471.7%), from €80,000 to €457,357
- Trade debts -€102,883
down €102,883 (-42.9%), from €240,073 to €137,189
- Other debts +€91,744
up €91,744 (+22935.9%), from €400 to €92,144
- Tax, wage and social debts -€82,036
down €82,036 (-100.0%), from €82,036 to €0
- Provisions +€377,357
new in 2025: €377,357
- Gross operating margin -€78,628
down €78,628 (-188.7%), from -€41,673 to -€120,301
- Depreciation -€25,495
down €25,495 (-33.8%), from €75,454 to €49,959
- Taxes +€15,175
new in 2025: €15,175
- Financial charges -€7,776
down €7,776 (-56.4%), from €13,791 to €6,015
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.
Cash bridge derived
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 | €458,099 | €148,701 | -€309,398 | -67.5% |
| Fixed assets | 21/28 | €119,151 | €39,500 | -€79,651 | -66.8% |
| Intangible fixed assets | 21 | €418 | €217 | -€201 | -48.1% |
| Tangible fixed assets | 22/27 | €106,105 | €27,754 | -€78,351 | -73.8% |
| Plant, machinery and equipment | 23 | €94,142 | €23,453 | -€70,689 | -75.1% |
| Furniture and vehicles | 24 | €11,963 | €4,301 | -€7,662 | -64.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €12,629 | €11,529 | -€1,099 | -8.7% |
| Current assets | 29/58 | €338,948 | €109,201 | -€229,747 | -67.8% |
| Amounts receivable within one year | 40/41 | €292,183 | €99,644 | -€192,540 | -65.9% |
| Trade receivables | 40 | €78,879 | €37,865 | -€41,014 | -52.0% |
| Other amounts receivable | 41 | €213,305 | €61,779 | -€151,526 | -71.0% |
| Current investments | 50/53 | €1,012 | €32 | -€980 | -96.8% |
| Cash at bank and in hand | 54/58 | €36,628 | €5,158 | -€31,470 | -85.9% |
| Deferred charges and accrued income | 490/1 | €9,125 | €4,367 | -€4,757 | -52.1% |
| Total equity and liabilities | 10/49 | €458,099 | €148,701 | -€309,398 | -67.5% |
| Equity | 10/15 | -€81,935 | -€672,968 | -€591,032 | -721.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,703 | €55,703 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €55,703 | €55,703 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,238 | -€747,271 | -€591,032 | -378.3% |
| Provisions and deferred taxes | 16 | €80,000 | €457,357 | +€377,357 | +471.7% |
| Provisions for liabilities and charges | 160/5 | €80,000 | €457,357 | +€377,357 | +471.7% |
| Other liabilities and charges | 164/5 | €80,000 | €457,357 | +€377,357 | +471.7% |
| Amounts payable | 17/49 | €460,034 | €364,311 | -€95,723 | -20.8% |
| Amounts payable after more than one year | 17 | €53,469 | €6,250 | -€47,219 | -88.3% |
| Financial debts | 170/4 | €53,469 | €6,250 | -€47,219 | -88.3% |
| Amounts payable within one year | 42/48 | €404,482 | €351,561 | -€52,920 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €77,164 | €47,219 | -€29,945 | -38.8% |
| Financial debts | 43 | €4,809 | €75,009 | +€70,200 | +1459.8% |
| Credit institutions | 430/8 | €4,809 | €75,009 | +€70,200 | +1459.8% |
| Trade debts | 44 | €240,073 | €137,189 | -€102,883 | -42.9% |
| Suppliers | 440/4 | €240,073 | €137,189 | -€102,883 | -42.9% |
| Taxes, remuneration and social security | 45 | €82,036 | €0 | -€82,036 | -100.0% |
| Taxes | 450/3 | €82,036 | €0 | -€82,036 | -100.0% |
| Other amounts payable | 47/48 | €400 | €92,144 | +€91,744 | +22935.9% |
| Accrued charges and deferred income | 492/3 | €2,083 | €6,500 | +€4,417 | +212.0% |
| Non-recurring operating income | 76A | - | €32,864 | +€32,864 | |
| Remuneration, social security and pensions | 62 | €224 | €402 | +€178 | +79.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,454 | €49,959 | -€25,495 | -33.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €377,357 | +€377,357 | |
| Other operating charges | 640/8 | €14,057 | €19,015 | +€4,958 | +35.3% |
| Non-recurring operating charges | 66A | - | €2,846 | +€2,846 | |
| Gross operating margin | 9900 | -€41,673 | -€120,301 | -€78,628 | -188.7% |
| Operating profit (loss) | 9901 | -€131,408 | -€569,880 | -€438,472 | -333.7% |
| Financial income | 75/76B | €168 | €37 | -€131 | -78.0% |
| Recurring financial income | 75 | €168 | €37 | -€131 | -78.0% |
| Financial charges | 65/66B | €13,791 | €6,015 | -€7,776 | -56.4% |
| Recurring financial charges | 65 | €13,791 | €6,015 | -€7,776 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | -€145,031 | -€575,858 | -€430,827 | -297.1% |
| Income taxes | 67/77 | - | €15,175 | +€15,175 | |
| Profit (loss) for the period | 9904 | -€145,031 | -€591,032 | -€446,002 | -307.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€145,031 | -€591,032 | -€446,002 | -307.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.