EHC-Consultancy: 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.
What changed
EHC-Consultancy
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€61,800
2024 · €73,778-€11,978
Equity
€506,577
2024 · €444,777+€61,800
Cash
€408,287
2024 · €418,752-€10,466
Balance sheet total
€1.5m
2024 · €1.6m-€84,097
Largest movements
Assets
- Tangible fixed assets -€57,115
down €57,115 (-5.5%), from €1.0m to €988,605
of which Furniture and vehicles: -€32,409
- Receivables within one year -€16,892
down €16,892 (-21.3%), from €79,320 to €62,428
of which Trade receivables: -€12,322
Equity and liabilities
- Accrued charges and deferred income -€94,457
down €94,457 (-23.7%), from €398,980 to €304,523
- Reserves +€61,800
up €61,800 (+14.5%), from €426,177 to €487,977
- Debts after one year -€41,431
down €41,431 (-7.7%), from €540,400 to €498,969
Income statement
- Depreciation +€38,084
up €38,084 (+75.6%), from €50,385 to €88,470
- Gross operating margin +€13,959
up €13,959 (+3.2%), from €435,384 to €449,343
- Staff costs -€8,880
down €8,880 (-3.5%), from €256,277 to €247,397
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.
Result 2024
€73,778
Gross operating margin
+€13,959
Staff costs
+€8,880
Depreciation
-€38,084
Other operating charges
-€1,789
Other operating items
-€94
Financial income
-€98
Financial charges
+€949
Taxes
+€4,299
Result 2025
€61,800
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€57,465
Investment
-€28,098
Financing
-€39,833
Cash 2024
€418,752
From operations (derived)
+€57,465
Net result for the year
+€61,800
Depreciation
+€88,470
Stocks and contracts
-€1,733
Receivables within one year
+€16,892
Deferred charges and accrued income
-€1,900
Trade debts
-€3,710
Tax, wage and social debts
-€8,490
Advances received
+€593
Accrued charges and deferred income
-€94,457
Investment (derived)
-€28,098
Investment in fixed assets (net)
-€28,098
Financing
-€39,833
Debts after one year
-€41,431
Current portion of long-term debt
+€1,598
Cash 2025
€408,287
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,562,418 | €1,478,321 | -€84,097 | -5.4% |
| Fixed assets | 21/28 | €1,052,276 | €991,905 | -€60,371 | -5.7% |
| Intangible fixed assets | 21 | €3,257 | - | -€3,257 | |
| Tangible fixed assets | 22/27 | €1,045,720 | €988,605 | -€57,115 | -5.5% |
| Land and buildings | 22 | €897,969 | €875,397 | -€22,572 | -2.5% |
| Plant, machinery and equipment | 23 | €9,027 | €6,892 | -€2,135 | -23.6% |
| Furniture and vehicles | 24 | €131,724 | €99,316 | -€32,409 | -24.6% |
| Other tangible fixed assets | 26 | €7,000 | €7,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €510,141 | €486,415 | -€23,726 | -4.7% |
| Stocks and contracts in progress | 3 | €9,852 | €11,585 | +€1,733 | +17.6% |
| Stocks | 30/36 | €9,852 | €11,585 | +€1,733 | +17.6% |
| Amounts receivable within one year | 40/41 | €79,320 | €62,428 | -€16,892 | -21.3% |
| Trade receivables | 40 | €61,317 | €48,995 | -€12,322 | -20.1% |
| Other amounts receivable | 41 | €18,003 | €13,433 | -€4,570 | -25.4% |
| Cash at bank and in hand | 54/58 | €418,752 | €408,287 | -€10,466 | -2.5% |
| Deferred charges and accrued income | 490/1 | €2,217 | €4,116 | +€1,900 | +85.7% |
| Total equity and liabilities | 10/49 | €1,562,418 | €1,478,321 | -€84,097 | -5.4% |
| Equity | 10/15 | €444,777 | €506,577 | +€61,800 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €426,177 | €487,977 | +€61,800 | +14.5% |
| Distributable reserves | 133 | €426,177 | €487,977 | +€61,800 | +14.5% |
| Amounts payable | 17/49 | €1,117,641 | €971,744 | -€145,897 | -13.1% |
| Amounts payable after more than one year | 17 | €540,400 | €498,969 | -€41,431 | -7.7% |
| Financial debts | 170/4 | €540,400 | €498,969 | -€41,431 | -7.7% |
| Amounts payable within one year | 42/48 | €178,260 | €168,252 | -€10,009 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €56,219 | €57,817 | +€1,598 | +2.8% |
| Trade debts | 44 | €26,803 | €23,094 | -€3,710 | -13.8% |
| Suppliers | 440/4 | €26,803 | €23,094 | -€3,710 | -13.8% |
| Advances received on contracts in progress | 46 | €45 | €638 | +€593 | +1,318% |
| Taxes, remuneration and social security | 45 | €41,193 | €32,703 | -€8,490 | -20.6% |
| Taxes | 450/3 | €12,929 | €6,150 | -€6,779 | -52.4% |
| Remuneration and social security | 454/9 | €28,264 | €26,553 | -€1,711 | -6.1% |
| Other amounts payable | 47/48 | €54,000 | €54,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €398,980 | €304,523 | -€94,457 | -23.7% |
| Remuneration, social security and pensions | 62 | €256,277 | €247,397 | -€8,880 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,385 | €88,470 | +€38,084 | +75.6% |
| Other operating charges | 640/8 | €2,571 | €4,360 | +€1,789 | +69.6% |
| Non-recurring operating charges | 66A | €53 | €147 | +€94 | +178% |
| Gross operating margin | 9900 | €435,384 | €449,343 | +€13,959 | +3.2% |
| Operating profit (loss) | 9901 | €126,098 | €108,969 | -€17,129 | -13.6% |
| Financial income | 75/76B | €415 | €317 | -€98 | -23.5% |
| Recurring financial income | 75 | €415 | €317 | -€98 | -23.5% |
| Financial charges | 65/66B | €14,348 | €13,399 | -€949 | -6.6% |
| Recurring financial charges | 65 | €14,348 | €13,399 | -€949 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €112,165 | €95,887 | -€16,277 | -14.5% |
| Income taxes | 67/77 | €38,387 | €34,088 | -€4,299 | -11.2% |
| Profit (loss) for the period | 9904 | €73,778 | €61,800 | -€11,978 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,778 | €61,800 | -€11,978 | -16.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.