Catherine Hannosset: what changed
What changed
Catherine Hannosset
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€428,322
2025 · €370,312+€58,011
Equity
€1.7m
2025 · €1.9m-€185,178
Cash
€969,454
2025 · €1.3m-€353,842
Balance sheet total
€2.5m
2025 · €2.9m-€344,727
Largest movements
Assets
- Cash -€353,842
down €353,842 (-26.7%), from €1.3m to €969,454
mainly Contributions, distributions and other (-€613,500) and Other debts (-€151,164)
- Receivables after one year +€34,000
up €34,000 (+4.0%), from €850,000 to €884,000
Equity and liabilities
- Reserves -€185,500
down €185,500 (-10.1%), from €1.8m to €1.6m
- Other debts -€151,164
down €151,164 (-99.8%), from €151,503 to €339
- Short-term financial debts +€41,163
up €41,163 (+8.2%), from €502,608 to €543,771
of which Other loans: +€40,892
- Debts after one year -€40,086
down €40,086 (-19.1%), from €210,209 to €170,122
Income statement
- Gross operating margin +€86,431
up €86,431 (+14.9%), from €579,842 to €666,274
- Taxes +€26,846
up €26,846 (+15.9%), from €168,577 to €195,423
Change in the result, 2025 to 2026
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 2025
€370,312
Gross operating margin
+€86,431
Depreciation
+€6,009
Other operating charges
-€2,441
Financial income
-€6,015
Financial charges
+€872
Taxes
-€26,846
Result 2026
€428,322
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€258,297
Investment
€0
Financing
-€612,140
Cash 2025
€1.3m
From operations (derived)
+€258,297
Net result for the year
+€428,322
Depreciation
+€24,291
Receivables after one year
-€34,000
Smaller working-capital items
+€145
Trade debts
-€9,297
Other debts
-€151,164
Financing
-€612,140
Debts after one year
-€40,086
Current portion of long-term debt
+€283
Short-term financial debts
+€41,163
Contributions, distributions and other
-€613,500
Cash 2026
€969,454
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,880,109 | €2,535,382 | -€344,727 | -12.0% |
| Fixed assets | 21/28 | €682,456 | €658,165 | -€24,291 | -3.6% |
| Tangible fixed assets | 22/27 | €682,456 | €658,165 | -€24,291 | -3.6% |
| Land and buildings | 22 | €669,462 | €650,529 | -€18,934 | -2.8% |
| Furniture and vehicles | 24 | €12,994 | €7,637 | -€5,357 | -41.2% |
| Current assets | 29/58 | €2,197,653 | €1,877,217 | -€320,436 | -14.6% |
| Amounts receivable after more than one year | 29 | €850,000 | €884,000 | +€34,000 | +4.0% |
| Other amounts receivable | 291 | €850,000 | €884,000 | +€34,000 | +4.0% |
| Amounts receivable within one year | 40/41 | €1,366 | €1,257 | -€109 | -8.0% |
| Trade receivables | 40 | €953 | €1,029 | +€76 | +7.9% |
| Other amounts receivable | 41 | €413 | €228 | -€184 | -44.7% |
| Cash at bank and in hand | 54/58 | €1,323,296 | €969,454 | -€353,842 | -26.7% |
| Deferred charges and accrued income | 490/1 | €22,991 | €22,506 | -€485 | -2.1% |
| Total equity and liabilities | 10/49 | €2,880,109 | €2,535,382 | -€344,727 | -12.0% |
| Equity | 10/15 | €1,864,291 | €1,679,114 | -€185,178 | -9.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,832,000 | €1,646,500 | -€185,500 | -10.1% |
| Distributable reserves | 133 | €1,832,000 | €1,646,500 | -€185,500 | -10.1% |
| Profit (loss) carried forward | 14 | €2,291 | €2,614 | +€322 | +14.1% |
| Amounts payable | 17/49 | €1,015,818 | €856,269 | -€159,549 | -15.7% |
| Amounts payable after more than one year | 17 | €210,209 | €170,122 | -€40,086 | -19.1% |
| Financial debts | 170/4 | €210,209 | €170,122 | -€40,086 | -19.1% |
| Amounts payable within one year | 42/48 | €778,423 | €659,834 | -€118,589 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €39,803 | €40,086 | +€283 | +0.7% |
| Financial debts | 43 | €502,608 | €543,771 | +€41,163 | +8.2% |
| Credit institutions | 430/8 | €733 | €1,004 | +€271 | +37.0% |
| Other loans | 439 | €501,875 | €542,767 | +€40,892 | +8.1% |
| Trade debts | 44 | €11,235 | €1,939 | -€9,297 | -82.7% |
| Suppliers | 440/4 | €11,235 | €1,939 | -€9,297 | -82.7% |
| Taxes, remuneration and social security | 45 | €73,274 | €73,699 | +€425 | +0.6% |
| Taxes | 450/3 | €22,274 | €51,199 | +€28,925 | +130% |
| Remuneration and social security | 454/9 | €51,000 | €22,500 | -€28,500 | -55.9% |
| Other amounts payable | 47/48 | €151,503 | €339 | -€151,164 | -99.8% |
| Accrued charges and deferred income | 492/3 | €27,187 | €26,313 | -€874 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,300 | €24,291 | -€6,009 | -19.8% |
| Other operating charges | 640/8 | €4,600 | €7,040 | +€2,441 | +53.1% |
| Gross operating margin | 9900 | €579,842 | €666,274 | +€86,431 | +14.9% |
| Operating profit (loss) | 9901 | €544,943 | €634,943 | +€89,999 | +16.5% |
| Financial income | 75/76B | €25,758 | €19,744 | -€6,015 | -23.4% |
| Recurring financial income | 75 | €25,758 | €19,744 | -€6,015 | -23.4% |
| Financial charges | 65/66B | €31,813 | €30,941 | -€872 | -2.7% |
| Recurring financial charges | 65 | €31,813 | €30,941 | -€872 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €538,888 | €623,745 | +€84,857 | +15.7% |
| Income taxes | 67/77 | €168,577 | €195,423 | +€26,846 | +15.9% |
| Profit (loss) for the period | 9904 | €370,312 | €428,322 | +€58,011 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €370,312 | €428,322 | +€58,011 | +15.7% |
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 30 April 2025 and 30 April 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.