HOGO-Avocat: what changed
What changed
HOGO-Avocat
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€184,322
2024 · €209,389-€25,067
Equity
€68,557
2024 · €218,838-€150,281
Cash
€147,966
2024 · €114,321+€33,645
Balance sheet total
€327,065
2024 · €357,503-€30,438
Largest movements
Assets
- Receivables after one year -€35,750
down €35,750 (-51.1%), from €70,000 to €34,250
- Cash +€33,645
up €33,645 (+29.4%), from €114,321 to €147,966
mainly Net result for the year (+€184,322) and Other debts (+€124,408)
- Receivables within one year -€15,821
down €15,821 (-22.8%), from €69,334 to €53,513
of which Trade receivables: -€11,333
- Current investments -€12,689
down €12,689 (-13.1%), from €96,689 to €84,000
Equity and liabilities
- Reserves -€150,281
down €150,281 (-68.7%), from €218,837 to €68,556
- Other debts +€124,408
up €124,408 (+116%), from €106,798 to €231,206
- Tax, wage and social debts -€3,669
down €3,669 (-12.2%), from €29,989 to €26,321
Income statement
- Gross operating margin -€25,642
down €25,642 (-9.7%), from €264,465 to €238,822
- Taxes -€14,320
down €14,320 (-20.7%), from €69,258 to €54,938
- Financial income -€13,863
down €13,863 (-83.9%), from €16,513 to €2,651
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
€209,389
Gross operating margin
-€25,642
Depreciation
+€555
Write-downs
-€504
Other operating charges
-€26
Financial income
-€13,863
Financial charges
+€93
Taxes
+€14,320
Result 2025
€184,322
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
+€356,219
Investment
+€12,029
Financing
-€334,603
Cash 2024
€114,321
From operations (derived)
+€356,219
Net result for the year
+€184,322
Depreciation
+€702
Receivables after one year
+€35,750
Receivables within one year
+€15,821
Deferred charges and accrued income
-€219
Trade debts
-€896
Tax, wage and social debts
-€3,669
Other debts
+€124,408
Investment (derived)
+€12,029
Investment in fixed assets (net)
-€660
Current investments
+€12,689
Financing
-€334,603
Contributions, distributions and other
-€334,603
Cash 2025
€147,966
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €357,503 | €327,065 | -€30,438 | -8.5% |
| Fixed assets | 21/28 | €1,465 | €1,424 | -€41 | -2.8% |
| Tangible fixed assets | 22/27 | €1,465 | €1,424 | -€41 | -2.8% |
| Furniture and vehicles | 24 | €1,465 | €1,424 | -€41 | -2.8% |
| Current assets | 29/58 | €356,037 | €325,641 | -€30,397 | -8.5% |
| Amounts receivable after more than one year | 29 | €70,000 | €34,250 | -€35,750 | -51.1% |
| Other amounts receivable | 291 | €70,000 | €34,250 | -€35,750 | -51.1% |
| Amounts receivable within one year | 40/41 | €69,334 | €53,513 | -€15,821 | -22.8% |
| Trade receivables | 40 | €58,879 | €47,546 | -€11,333 | -19.2% |
| Other amounts receivable | 41 | €10,455 | €5,967 | -€4,488 | -42.9% |
| Current investments | 50/53 | €96,689 | €84,000 | -€12,689 | -13.1% |
| Cash at bank and in hand | 54/58 | €114,321 | €147,966 | +€33,645 | +29.4% |
| Deferred charges and accrued income | 490/1 | €5,693 | €5,911 | +€219 | +3.8% |
| Total equity and liabilities | 10/49 | €357,503 | €327,065 | -€30,438 | -8.5% |
| Equity | 10/15 | €218,838 | €68,557 | -€150,281 | -68.7% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €218,837 | €68,556 | -€150,281 | -68.7% |
| Distributable reserves | 133 | €218,837 | €68,556 | -€150,281 | -68.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €138,665 | €258,508 | +€119,843 | +86.4% |
| Amounts payable within one year | 42/48 | €138,665 | €258,508 | +€119,843 | +86.4% |
| Trade debts | 44 | €1,877 | €981 | -€896 | -47.7% |
| Suppliers | 440/4 | €1,877 | €981 | -€896 | -47.7% |
| Taxes, remuneration and social security | 45 | €29,989 | €26,321 | -€3,669 | -12.2% |
| Taxes | 450/3 | €29,989 | €26,321 | -€3,669 | -12.2% |
| Other amounts payable | 47/48 | €106,798 | €231,206 | +€124,408 | +116% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,257 | €702 | -€555 | -44.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €504 | +€504 | |
| Other operating charges | 640/8 | €883 | €909 | +€26 | +3.0% |
| Gross operating margin | 9900 | €264,465 | €238,822 | -€25,642 | -9.7% |
| Operating profit (loss) | 9901 | €262,325 | €236,708 | -€25,617 | -9.8% |
| Financial income | 75/76B | €16,513 | €2,651 | -€13,863 | -83.9% |
| Recurring financial income | 75 | €16,513 | €2,651 | -€13,863 | -83.9% |
| Financial charges | 65/66B | €192 | €98 | -€93 | -48.6% |
| Recurring financial charges | 65 | €192 | €98 | -€93 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €278,647 | €239,260 | -€39,387 | -14.1% |
| Income taxes | 67/77 | €69,258 | €54,938 | -€14,320 | -20.7% |
| Profit (loss) for the period | 9904 | €209,389 | €184,322 | -€25,067 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €209,389 | €184,322 | -€25,067 | -12.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 5 November 2026 via checked.be.