CHRISTOPHE HALLARD: what changed
What changed
CHRISTOPHE HALLARD
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€141,189
2024 · €142,490-€1,300
Equity
€219,831
2024 · €205,471+€14,360
Cash
€185,519
2024 · €188,444-€2,925
Balance sheet total
€299,541
2024 · €332,046-€32,505
Largest movements
Assets
- Tangible fixed assets -€29,453
down €29,453 (-29.6%), from €99,615 to €70,163
of which Furniture and vehicles: -€23,028
Equity and liabilities
- Other debts -€35,710
down €35,710 (-97.3%), from €36,682 to €972
- Profit (loss) carried forward +€14,360
up €14,360 (+7.8%), from €185,011 to €199,371
- Debts after one year -€8,839
no longer reported in 2025 (was €8,839)
- Current portion of long-term debt -€8,653
down €8,653 (-49.5%), from €17,493 to €8,839
- Tax, wage and social debts +€7,036
up €7,036 (+11.3%), from €62,298 to €69,333
Income statement
- Financial charges +€33,686
up €33,686 (+42.1%), from €79,933 to €113,619
- Gross operating margin +€25,195
up €25,195 (+8.3%), from €302,660 to €327,855
- Other operating charges -€7,341
down €7,341 (-97.4%), from €7,538 to €197
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
€142,490
Gross operating margin
+€25,195
Depreciation
+€217
Other operating charges
+€7,341
Financial income
+€9
Financial charges
-€33,686
Taxes
-€376
Result 2025
€141,189
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
+€141,397
Investment
€0
Financing
-€144,322
Cash 2024
€188,444
From operations (derived)
+€141,397
Net result for the year
+€141,189
Depreciation
+€29,453
Receivables within one year
-€445
Deferred charges and accrued income
+€572
Trade debts
-€289
Tax, wage and social debts
+€7,036
Other debts
-€35,710
Accrued charges and deferred income
-€410
Financing
-€144,322
Debts after one year
-€8,839
Current portion of long-term debt
-€8,653
Contributions, distributions and other
-€126,829
Cash 2025
€185,519
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €332,046 | €299,541 | -€32,505 | -9.8% |
| Fixed assets | 21/28 | €99,615 | €70,163 | -€29,453 | -29.6% |
| Tangible fixed assets | 22/27 | €99,615 | €70,163 | -€29,453 | -29.6% |
| Furniture and vehicles | 24 | €55,885 | €32,856 | -€23,028 | -41.2% |
| Other tangible fixed assets | 26 | €43,731 | €37,306 | -€6,424 | -14.7% |
| Current assets | 29/58 | €232,431 | €229,378 | -€3,052 | -1.3% |
| Amounts receivable within one year | 40/41 | €42,517 | €42,962 | +€445 | +1.0% |
| Trade receivables | 40 | €716 | €1,498 | +€782 | +109% |
| Other amounts receivable | 41 | €41,801 | €41,463 | -€337 | -0.8% |
| Cash at bank and in hand | 54/58 | €188,444 | €185,519 | -€2,925 | -1.6% |
| Deferred charges and accrued income | 490/1 | €1,470 | €898 | -€572 | -38.9% |
| Total equity and liabilities | 10/49 | €332,046 | €299,541 | -€32,505 | -9.8% |
| Equity | 10/15 | €205,471 | €219,831 | +€14,360 | +7.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,011 | €199,371 | +€14,360 | +7.8% |
| Amounts payable | 17/49 | €126,575 | €79,710 | -€46,865 | -37.0% |
| Amounts payable after more than one year | 17 | €8,839 | - | -€8,839 | |
| Financial debts | 170/4 | €8,839 | - | -€8,839 | |
| Amounts payable within one year | 42/48 | €117,326 | €79,710 | -€37,616 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €17,493 | €8,839 | -€8,653 | -49.5% |
| Trade debts | 44 | €854 | €565 | -€289 | -33.8% |
| Suppliers | 440/4 | €854 | €565 | -€289 | -33.8% |
| Taxes, remuneration and social security | 45 | €62,298 | €69,333 | +€7,036 | +11.3% |
| Taxes | 450/3 | €62,298 | €69,333 | +€7,036 | +11.3% |
| Other amounts payable | 47/48 | €36,682 | €972 | -€35,710 | -97.3% |
| Accrued charges and deferred income | 492/3 | €410 | - | -€410 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,669 | €29,453 | -€217 | -0.7% |
| Other operating charges | 640/8 | €7,538 | €197 | -€7,341 | -97.4% |
| Gross operating margin | 9900 | €302,660 | €327,855 | +€25,195 | +8.3% |
| Operating profit (loss) | 9901 | €265,453 | €298,205 | +€32,753 | +12.3% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €79,933 | €113,619 | +€33,686 | +42.1% |
| Recurring financial charges | 65 | €79,933 | €113,619 | +€33,686 | +42.1% |
| Profit (loss) for the period before taxes | 9903 | €185,520 | €184,596 | -€924 | -0.5% |
| Income taxes | 67/77 | €43,030 | €43,406 | +€376 | +0.9% |
| Profit (loss) for the period | 9904 | €142,490 | €141,189 | -€1,300 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €142,490 | €141,189 | -€1,300 | -0.9% |
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 3 November 2026 via checked.be.