HA-CONSULT: 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.
HA-CONSULT
Largest movements
- Receivables within one year +€167,081
up €167,081 (+157%), from €106,289 to €273,370
of which Trade receivables: +€162,611
- Receivables after one year -€40,000
down €40,000 (-28.6%), from €140,000 to €100,000
- Cash +€36,004
up €36,004 (+383%), from €9,398 to €45,401
mainly Net result for the year (+€160,660) and Receivables after one year (+€40,000)
- Tangible fixed assets +€15,211
up €15,211 (+693%), from €2,195 to €17,406
- Reserves +€159,060
up €159,060 (+80.7%), from €197,180 to €356,240
- Tax, wage and social debts +€17,665
up €17,665 (+29.1%), from €60,680 to €78,345
of which Taxes: +€19,265
- Gross operating margin +€110,474
up €110,474 (+111%), from €99,527 to €210,001
- Taxes +€29,106
up €29,106 (+139%), from €20,930 to €50,036
- Financial income +€5,307
new in 2025: €5,307
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 | €263,173 | €439,095 | +€175,923 | +66.8% |
| Fixed assets | 21/28 | €2,195 | €17,406 | +€15,211 | +693% |
| Tangible fixed assets | 22/27 | €2,195 | €17,406 | +€15,211 | +693% |
| Furniture and vehicles | 24 | €2,195 | €17,406 | +€15,211 | +693% |
| Current assets | 29/58 | €260,978 | €421,689 | +€160,712 | +61.6% |
| Amounts receivable after more than one year | 29 | €140,000 | €100,000 | -€40,000 | -28.6% |
| Other amounts receivable | 291 | €140,000 | €100,000 | -€40,000 | -28.6% |
| Amounts receivable within one year | 40/41 | €106,289 | €273,370 | +€167,081 | +157% |
| Trade receivables | 40 | €85,759 | €248,370 | +€162,611 | +190% |
| Other amounts receivable | 41 | €20,530 | €25,000 | +€4,470 | +21.8% |
| Cash at bank and in hand | 54/58 | €9,398 | €45,401 | +€36,004 | +383% |
| Deferred charges and accrued income | 490/1 | €5,291 | €2,918 | -€2,373 | -44.8% |
| Total equity and liabilities | 10/49 | €263,173 | €439,095 | +€175,923 | +66.8% |
| Equity | 10/15 | €199,180 | €358,240 | +€159,060 | +79.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €197,180 | €356,240 | +€159,060 | +80.7% |
| Distributable reserves | 133 | €197,180 | €356,240 | +€159,060 | +80.7% |
| Amounts payable | 17/49 | €63,993 | €80,855 | +€16,862 | +26.4% |
| Amounts payable within one year | 42/48 | €63,993 | €80,855 | +€16,862 | +26.4% |
| Trade debts | 44 | €1,660 | €728 | -€932 | -56.1% |
| Suppliers | 440/4 | €1,660 | €728 | -€932 | -56.1% |
| Taxes, remuneration and social security | 45 | €60,680 | €78,345 | +€17,665 | +29.1% |
| Taxes | 450/3 | €59,080 | €78,345 | +€19,265 | +32.6% |
| Remuneration and social security | 454/9 | €1,600 | - | -€1,600 | |
| Other amounts payable | 47/48 | €1,653 | €1,783 | +€130 | +7.8% |
| Non-recurring operating income | 76A | - | €5,638 | +€5,638 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €899 | €2,523 | +€1,625 | +181% |
| Other operating charges | 640/8 | €832 | €1,408 | +€576 | +69.2% |
| Gross operating margin | 9900 | €99,527 | €210,001 | +€110,474 | +111% |
| Operating profit (loss) | 9901 | €97,796 | €206,070 | +€108,274 | +111% |
| Financial income | 75/76B | - | €5,307 | +€5,307 | |
| Recurring financial income | 75 | - | €5,307 | +€5,307 | |
| Financial charges | 65/66B | €816 | €681 | -€135 | -16.5% |
| Recurring financial charges | 65 | €816 | €681 | -€135 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €96,980 | €210,696 | +€113,715 | +117% |
| Income taxes | 67/77 | €20,930 | €50,036 | +€29,106 | +139% |
| Profit (loss) for the period | 9904 | €76,050 | €160,660 | +€84,610 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €76,050 | €160,660 | +€84,610 | +111% |
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 16 October 2026 via checked.be.