H4 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.
H4 CONSULTING
Largest movements
- Receivables within one year +€2,222
up €2,222 (+58.0%), from €3,835 to €6,057
of which Trade receivables: +€2,632
- Cash -€1,533
down €1,533 (-20.4%), from €7,514 to €5,981
mainly Trade debts (-€3,893) and Receivables within one year (-€2,222)
- Tangible fixed assets -€647
down €647 (-43.0%), from €1,506 to €859
- Trade debts -€3,893
down €3,893 (-52.5%), from €7,420 to €3,526
- Tax, wage and social debts +€1,575
up €1,575 (+3,472%), from €45 to €1,620
- Other debts +€1,250
up €1,250 (+10.1%), from €12,434 to €13,684
- Profit (loss) carried forward +€1,111
up €1,111 (+4.3%), from -€25,645 to -€24,534
- Gross operating margin +€15,228
up €15,228, from -€9,365 to €5,862
- Other operating charges +€975
up €975 (+34.8%), from €2,801 to €3,776
- Financial charges +€109
up €109 (+38.6%), from €282 to €390
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 | €12,854 | €12,896 | +€42 | +0.3% |
| Fixed assets | 21/28 | €1,506 | €859 | -€647 | -43.0% |
| Tangible fixed assets | 22/27 | €1,506 | €859 | -€647 | -43.0% |
| Furniture and vehicles | 24 | €1,506 | €859 | -€647 | -43.0% |
| Current assets | 29/58 | €11,349 | €12,038 | +€689 | +6.1% |
| Amounts receivable within one year | 40/41 | €3,835 | €6,057 | +€2,222 | +58.0% |
| Trade receivables | 40 | €2,225 | €4,857 | +€2,632 | +118% |
| Other amounts receivable | 41 | €1,610 | €1,200 | -€410 | -25.5% |
| Cash at bank and in hand | 54/58 | €7,514 | €5,981 | -€1,533 | -20.4% |
| Total equity and liabilities | 10/49 | €12,854 | €12,896 | +€42 | +0.3% |
| Equity | 10/15 | -€7,045 | -€5,934 | +€1,111 | +15.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,645 | -€24,534 | +€1,111 | +4.3% |
| Amounts payable | 17/49 | €19,899 | €18,830 | -€1,069 | -5.4% |
| Amounts payable within one year | 42/48 | €19,899 | €18,830 | -€1,069 | -5.4% |
| Trade debts | 44 | €7,420 | €3,526 | -€3,893 | -52.5% |
| Suppliers | 440/4 | €7,420 | €3,526 | -€3,893 | -52.5% |
| Taxes, remuneration and social security | 45 | €45 | €1,620 | +€1,575 | +3,472% |
| Taxes | 450/3 | €45 | €1,620 | +€1,575 | +3,472% |
| Other amounts payable | 47/48 | €12,434 | €13,684 | +€1,250 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €711 | €647 | -€64 | -9.0% |
| Other operating charges | 640/8 | €2,801 | €3,776 | +€975 | +34.8% |
| Gross operating margin | 9900 | -€9,365 | €5,862 | +€15,228 | |
| Operating profit (loss) | 9901 | -€12,878 | €1,439 | +€14,317 | |
| Financial income | 75/76B | €1 | €62 | +€61 | +7,648% |
| Recurring financial income | 75 | €1 | €62 | +€61 | +7,648% |
| Financial charges | 65/66B | €282 | €390 | +€109 | +38.6% |
| Recurring financial charges | 65 | €282 | €390 | +€109 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,158 | €1,111 | +€14,269 | |
| Profit (loss) for the period | 9904 | -€13,158 | €1,111 | +€14,269 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,158 | €1,111 | +€14,269 |
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 24 October 2026 via checked.be.