EH CONSULTING: what changed
Two financial 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.
EH CONSULTING
Largest movements
- Cash -€119,649
down €119,649 (-27.2%), from €440,584 to €320,935
mainly Other debts (-€254,893) and Receivables within one year (-€44,808)
- Receivables within one year +€44,808
up €44,808 (+130%), from €34,561 to €79,368
of which Trade receivables: +€44,808
- Current investments +€22,497
up €22,497 (+8.9%), from €251,379 to €273,876
- Tangible fixed assets -€13,846
down €13,846 (-3.4%), from €403,130 to €389,284
- Other debts -€254,893
down €254,893 (-61.4%), from €415,000 to €160,107
- Reserves +€166,616
up €166,616 (+26.2%), from €636,651 to €803,267
- Accrued charges and deferred income +€25,875
up €25,875, from €0 to €25,875
- Gross operating margin +€15,727
up €15,727 (+6.5%), from €240,852 to €256,579
- Taxes -€8,893
down €8,893 (-14.2%), from €62,700 to €53,807
- Financial charges +€6,517
up €6,517 (+30.4%), from €21,442 to €27,959
- Financial income +€5,299
up €5,299 (+124%), from €4,269 to €9,568
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.
Derived cash bridge
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 | €1,131,629 | €1,064,814 | -€66,815 | -5.9% |
| Fixed assets | 21/28 | €404,480 | €390,634 | -€13,846 | -3.4% |
| Tangible fixed assets | 22/27 | €403,130 | €389,284 | -€13,846 | -3.4% |
| Land and buildings | 22 | €403,130 | €389,284 | -€13,846 | -3.4% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €727,149 | €674,180 | -€52,969 | -7.3% |
| Amounts receivable within one year | 40/41 | €34,561 | €79,368 | +€44,808 | +130% |
| Trade receivables | 40 | €34,561 | €79,368 | +€44,808 | +130% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €251,379 | €273,876 | +€22,497 | +8.9% |
| Cash at bank and in hand | 54/58 | €440,584 | €320,935 | -€119,649 | -27.2% |
| Deferred charges and accrued income | 490/1 | €625 | €0 | -€625 | -100% |
| Total equity and liabilities | 10/49 | €1,131,629 | €1,064,814 | -€66,815 | -5.9% |
| Equity | 10/15 | €655,251 | €821,867 | +€166,616 | +25.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €636,651 | €803,267 | +€166,616 | +26.2% |
| Distributable reserves | 133 | €636,651 | €803,267 | +€166,616 | +26.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €476,378 | €242,947 | -€233,431 | -49.0% |
| Amounts payable within one year | 42/48 | €476,378 | €217,072 | -€259,306 | -54.4% |
| Financial debts | 43 | €484 | €936 | +€452 | +93.3% |
| Credit institutions | 430/8 | €484 | €936 | +€452 | +93.3% |
| Trade debts | 44 | €4,040 | €2,136 | -€1,904 | -47.1% |
| Suppliers | 440/4 | €4,040 | €2,136 | -€1,904 | -47.1% |
| Taxes, remuneration and social security | 45 | €56,854 | €53,894 | -€2,960 | -5.2% |
| Taxes | 450/3 | €56,854 | €53,894 | -€2,960 | -5.2% |
| Other amounts payable | 47/48 | €415,000 | €160,107 | -€254,893 | -61.4% |
| Accrued charges and deferred income | 492/3 | €0 | €25,875 | +€25,875 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,846 | €13,846 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,735 | €3,919 | +€184 | +4.9% |
| Gross operating margin | 9900 | €240,852 | €256,579 | +€15,727 | +6.5% |
| Operating profit (loss) | 9901 | €223,272 | €238,815 | +€15,543 | +7.0% |
| Financial income | 75/76B | €4,269 | €9,568 | +€5,299 | +124% |
| Recurring financial income | 75 | €4,269 | €9,568 | +€5,299 | +124% |
| Financial charges | 65/66B | €21,442 | €27,959 | +€6,517 | +30.4% |
| Recurring financial charges | 65 | €21,442 | €27,959 | +€6,517 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €206,099 | €220,423 | +€14,324 | +7.0% |
| Income taxes | 67/77 | €62,700 | €53,807 | -€8,893 | -14.2% |
| Profit (loss) for the period | 9904 | €143,399 | €166,616 | +€23,217 | +16.2% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €143,399 | €166,616 | +€23,217 | +16.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.