HaCa Consult: what changed
Two fiscal 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.
HaCa Consult
Largest movements
- Receivables within one year +€85,379
up €85,379 (+164.1%), from €52,040 to €137,419
of which Trade receivables: +€84,870
- Cash +€82,150
up €82,150 (+68.6%), from €119,815 to €201,966
mainly Trade debts (+€198,704) and Debts after one year (+€38,810)
- Trade debts +€198,704
up €198,704 (+368.7%), from €53,893 to €252,597
- Short-term financial debts -€96,000
no longer reported in 2025 (was €96,000)
- Debts after one year +€38,810
up €38,810 (+528.9%), from €7,338 to €46,148
of which Financial debts: +€39,863
- Current portion of long-term debt +€16,823
new in 2025: €16,823
- Tax, wage and social debts +€7,474
up €7,474 (+81.3%), from €9,196 to €16,670
- Gross operating margin +€11,148
up €11,148 (+263.4%), from €4,233 to €15,381
- Taxes +€1,684
new in 2025: €1,684
- Financial charges -€1,281
down €1,281 (-14.6%), from €8,773 to €7,492
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.
Cash bridge derived
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 | €179,205 | €347,009 | +€167,804 | +93.6% |
| Fixed assets | 21/28 | €4,716 | €4,208 | -€507 | -10.8% |
| Tangible fixed assets | 22/27 | €4,716 | €4,208 | -€507 | -10.8% |
| Plant, machinery and equipment | 23 | €1,656 | €1,189 | -€467 | -28.2% |
| Furniture and vehicles | 24 | €3,060 | €3,019 | -€41 | -1.3% |
| Current assets | 29/58 | €174,490 | €342,801 | +€168,311 | +96.5% |
| Amounts receivable within one year | 40/41 | €52,040 | €137,419 | +€85,379 | +164.1% |
| Trade receivables | 40 | €50,190 | €135,060 | +€84,870 | +169.1% |
| Other amounts receivable | 41 | €1,850 | €2,359 | +€509 | +27.5% |
| Cash at bank and in hand | 54/58 | €119,815 | €201,966 | +€82,150 | +68.6% |
| Deferred charges and accrued income | 490/1 | €2,634 | €3,416 | +€782 | +29.7% |
| Total equity and liabilities | 10/49 | €179,205 | €347,009 | +€167,804 | +93.6% |
| Equity | 10/15 | €12,778 | €14,771 | +€1,993 | +15.6% |
| Contributions | 10/11 | €13,500 | €13,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€722 | €1,271 | +€1,993 | |
| Amounts payable | 17/49 | €166,427 | €332,238 | +€165,811 | +99.6% |
| Amounts payable after more than one year | 17 | €7,338 | €46,148 | +€38,810 | +528.9% |
| Financial debts | 170/4 | - | €39,863 | +€39,863 | |
| Other amounts payable | 178/9 | €7,338 | €6,285 | -€1,053 | -14.4% |
| Amounts payable within one year | 42/48 | €159,089 | €286,090 | +€127,001 | +79.8% |
| Current portion of amounts payable after more than one year | 42 | - | €16,823 | +€16,823 | |
| Financial debts | 43 | €96,000 | - | -€96,000 | |
| Credit institutions | 430/8 | €96,000 | - | -€96,000 | |
| Trade debts | 44 | €53,893 | €252,597 | +€198,704 | +368.7% |
| Suppliers | 440/4 | €53,893 | €252,597 | +€198,704 | +368.7% |
| Taxes, remuneration and social security | 45 | €9,196 | €16,670 | +€7,474 | +81.3% |
| Taxes | 450/3 | €9,196 | €16,670 | +€7,474 | +81.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,261 | €2,267 | +€7 | +0.3% |
| Other operating charges | 640/8 | - | €53 | +€53 | |
| Non-recurring operating charges | 66A | €1,557 | €1,891 | +€334 | +21.5% |
| Gross operating margin | 9900 | €4,233 | €15,381 | +€11,148 | +263.4% |
| Operating profit (loss) | 9901 | €415 | €11,169 | +€10,754 | +2589.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.0% |
| Financial charges | 65/66B | €8,773 | €7,492 | -€1,281 | -14.6% |
| Recurring financial charges | 65 | €8,773 | €7,492 | -€1,281 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,357 | €3,677 | +€12,034 | |
| Income taxes | 67/77 | - | €1,684 | +€1,684 | |
| Profit (loss) for the period | 9904 | -€8,357 | €1,993 | +€10,351 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,357 | €1,993 | +€10,351 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.