LA HAGOULLE: what changed
What changed
LA HAGOULLE
NACE 82.300, Organisation of conventions and trade shows
filed annual accounts (NBB)
Net result for the year
€22,486
2024 · €68,161-€45,675
Equity
€321,615
2024 · €299,128+€22,486
Cash
€18,749
2024 · €37,829-€19,080
Balance sheet total
€829,954
2024 · €918,188-€88,234
Largest movements
Assets
- Tangible fixed assets -€67,007
down €67,007 (-8.7%), from €767,960 to €700,953
of which Land and buildings: -€33,652
- Cash -€19,080
down €19,080 (-50.4%), from €37,829 to €18,749
mainly Debts after one year (-€78,957) and Investment in fixed assets (net) (-€21,714)
- Receivables within one year -€11,190
down €11,190 (-18.4%), from €60,733 to €49,543
of which Trade receivables: -€12,452
Equity and liabilities
- Debts after one year -€78,957
down €78,957 (-33.8%), from €233,321 to €154,364
- Profit (loss) carried forward +€22,486
up €22,486 (+16.9%), from €133,354 to €155,840
- Tax, wage and social debts -€20,602
down €20,602 (-44.0%), from €46,830 to €26,228
of which Taxes: -€20,978
- Advances received -€17,050
down €17,050 (-25.5%), from €66,742 to €49,692
Income statement
- Gross operating margin -€45,486
down €45,486 (-11.5%), from €396,961 to €351,475
- Taxes -€8,607
down €8,607 (-49.9%), from €17,248 to €8,640
- Other operating charges +€8,219
up €8,219 (+59.3%), from €13,862 to €22,081
- Depreciation +€3,986
up €3,986 (+5.3%), from €75,543 to €79,529
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
€68,161
Gross operating margin
-€45,486
Staff costs
+€655
Depreciation
-€3,986
Other operating charges
-€8,219
Financial income
+€46
Financial charges
+€2,707
Taxes
+€8,607
Result 2025
€22,486
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
+€82,142
Investment
-€21,814
Financing
-€79,408
Cash 2024
€37,829
From operations (derived)
+€82,142
Net result for the year
+€22,486
Depreciation
+€79,529
Stocks and contracts
-€308
Receivables within one year
+€11,190
Deferred charges and accrued income
+€558
Trade debts
+€4,224
Tax, wage and social debts
-€20,602
Advances received
-€17,050
Other debts
+€2,115
Investment (derived)
-€21,814
Investment in fixed assets (net)
-€21,714
Current investments
-€100
Financing
-€79,408
Debts after one year
-€78,957
Current portion of long-term debt
+€3,839
Short-term financial debts
-€4,290
Cash 2025
€18,749
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €918,188 | €829,954 | -€88,234 | -9.6% |
| Formation expenses | 20 | €3,237 | €9,251 | +€6,015 | +186% |
| Fixed assets | 21/28 | €778,174 | €714,345 | -€63,829 | -8.2% |
| Intangible fixed assets | 21 | €7,719 | €5,708 | -€2,011 | -26.1% |
| Tangible fixed assets | 22/27 | €767,960 | €700,953 | -€67,007 | -8.7% |
| Land and buildings | 22 | €498,954 | €465,302 | -€33,652 | -6.7% |
| Plant, machinery and equipment | 23 | €250,581 | €221,820 | -€28,761 | -11.5% |
| Furniture and vehicles | 24 | €18,425 | €13,831 | -€4,594 | -24.9% |
| Financial fixed assets | 28 | €2,495 | €7,684 | +€5,189 | +208% |
| Current assets | 29/58 | €136,778 | €106,358 | -€30,420 | -22.2% |
| Stocks and contracts in progress | 3 | €37,658 | €37,966 | +€308 | +0.8% |
| Stocks | 30/36 | €37,658 | €37,966 | +€308 | +0.8% |
| Amounts receivable within one year | 40/41 | €60,733 | €49,543 | -€11,190 | -18.4% |
| Trade receivables | 40 | €48,904 | €36,452 | -€12,452 | -25.5% |
| Other amounts receivable | 41 | €11,829 | €13,091 | +€1,262 | +10.7% |
| Current investments | 50/53 | €0 | €100 | +€100 | +199,440% |
| Cash at bank and in hand | 54/58 | €37,829 | €18,749 | -€19,080 | -50.4% |
| Deferred charges and accrued income | 490/1 | €558 | - | -€558 | |
| Total equity and liabilities | 10/49 | €918,188 | €829,954 | -€88,234 | -9.6% |
| Equity | 10/15 | €299,128 | €321,615 | +€22,486 | +7.5% |
| Contributions | 10/11 | €132,000 | €132,000 | = | 0.0% |
| Capital | 10 | €132,000 | €132,000 | = | 0.0% |
| Issued capital | 100 | €132,000 | €132,000 | = | 0.0% |
| Reserves | 13 | €33,774 | €33,774 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,200 | €13,200 | = | 0.0% |
| Legal reserve | 130 | €13,200 | €13,200 | = | 0.0% |
| Distributable reserves | 133 | €20,574 | €20,574 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,354 | €155,840 | +€22,486 | +16.9% |
| Amounts payable | 17/49 | €619,060 | €508,340 | -€110,720 | -17.9% |
| Amounts payable after more than one year | 17 | €233,321 | €154,364 | -€78,957 | -33.8% |
| Financial debts | 170/4 | €233,321 | €154,364 | -€78,957 | -33.8% |
| Amounts payable within one year | 42/48 | €385,739 | €353,976 | -€31,763 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €58,636 | €62,475 | +€3,839 | +6.5% |
| Financial debts | 43 | €152,576 | €148,286 | -€4,290 | -2.8% |
| Credit institutions | 430/8 | €152,576 | €148,286 | -€4,290 | -2.8% |
| Trade debts | 44 | €57,205 | €61,429 | +€4,224 | +7.4% |
| Suppliers | 440/4 | €57,205 | €61,429 | +€4,224 | +7.4% |
| Advances received on contracts in progress | 46 | €66,742 | €49,692 | -€17,050 | -25.5% |
| Taxes, remuneration and social security | 45 | €46,830 | €26,228 | -€20,602 | -44.0% |
| Taxes | 450/3 | €25,583 | €4,606 | -€20,978 | -82.0% |
| Remuneration and social security | 454/9 | €21,247 | €21,623 | +€376 | +1.8% |
| Other amounts payable | 47/48 | €3,751 | €5,866 | +€2,115 | +56.4% |
| Remuneration, social security and pensions | 62 | €194,517 | €193,862 | -€655 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,543 | €79,529 | +€3,986 | +5.3% |
| Other operating charges | 640/8 | €13,862 | €22,081 | +€8,219 | +59.3% |
| Gross operating margin | 9900 | €396,961 | €351,475 | -€45,486 | -11.5% |
| Operating profit (loss) | 9901 | €113,039 | €56,004 | -€57,035 | -50.5% |
| Financial income | 75/76B | - | €46 | +€46 | |
| Recurring financial income | 75 | - | €46 | +€46 | |
| Financial charges | 65/66B | €27,631 | €24,923 | -€2,707 | -9.8% |
| Recurring financial charges | 65 | €27,631 | €24,923 | -€2,707 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €85,408 | €31,127 | -€54,282 | -63.6% |
| Income taxes | 67/77 | €17,248 | €8,640 | -€8,607 | -49.9% |
| Profit (loss) for the period | 9904 | €68,161 | €22,486 | -€45,675 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,161 | €22,486 | -€45,675 | -67.0% |
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 5 November 2026 via checked.be.