HAPPY 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.
HAPPY CONSULTING
Largest movements
- Cash -€32,024
down €32,024 (-62.9%), from €50,909 to €18,885
mainly Net result for the year (-€44,905) and Investment in fixed assets (net) (-€3,426)
- Deferred charges and accrued income +€2,742
up €2,742 (+148%), from €1,857 to €4,599
- Tangible fixed assets +€2,072
up €2,072 (+67.0%), from €3,092 to €5,164
of which Plant, machinery and equipment: +€1,561
- Receivables within one year +€1,735
up €1,735 (+95.9%), from €1,809 to €3,545
of which Trade receivables: +€3,448
- Profit (loss) carried forward -€44,905
down €44,905, from €29,367 to -€15,538
- Other debts +€13,064
up €13,064 (+99.8%), from €13,089 to €26,153
- Tax, wage and social debts +€3,850
up €3,850 (+33.6%), from €11,459 to €15,309
of which Remuneration and social security: +€3,300
- Trade debts +€2,517
up €2,517 (+335%), from €751 to €3,268
- Gross operating margin -€77,578
down €77,578, from €37,427 to -€40,151
- Taxes -€7,412
down €7,412 (-98.3%), from €7,544 to €132
- Financial charges +€2,154
up €2,154 (+550%), from €392 to €2,546
- Depreciation +€1,259
up €1,259 (+1,326%), from €95 to €1,354
- Other operating charges +€693
up €693 (+2,368%), from €29 to €723
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 | €57,667 | €32,193 | -€25,474 | -44.2% |
| Fixed assets | 21/28 | €3,092 | €5,164 | +€2,072 | +67.0% |
| Tangible fixed assets | 22/27 | €3,092 | €5,164 | +€2,072 | +67.0% |
| Plant, machinery and equipment | 23 | €2,316 | €3,877 | +€1,561 | +67.4% |
| Furniture and vehicles | 24 | €776 | €1,287 | +€511 | +65.9% |
| Current assets | 29/58 | €54,575 | €27,029 | -€27,546 | -50.5% |
| Amounts receivable within one year | 40/41 | €1,809 | €3,545 | +€1,735 | +95.9% |
| Trade receivables | 40 | - | €3,448 | +€3,448 | |
| Other amounts receivable | 41 | €1,809 | €97 | -€1,713 | -94.7% |
| Cash at bank and in hand | 54/58 | €50,909 | €18,885 | -€32,024 | -62.9% |
| Deferred charges and accrued income | 490/1 | €1,857 | €4,599 | +€2,742 | +148% |
| Total equity and liabilities | 10/49 | €57,667 | €32,193 | -€25,474 | -44.2% |
| Equity | 10/15 | €32,367 | -€12,538 | -€44,905 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,367 | -€15,538 | -€44,905 | |
| Amounts payable | 17/49 | €25,300 | €44,731 | +€19,431 | +76.8% |
| Amounts payable within one year | 42/48 | €25,300 | €44,731 | +€19,431 | +76.8% |
| Trade debts | 44 | €751 | €3,268 | +€2,517 | +335% |
| Suppliers | 440/4 | €751 | €3,268 | +€2,517 | +335% |
| Taxes, remuneration and social security | 45 | €11,459 | €15,309 | +€3,850 | +33.6% |
| Taxes | 450/3 | €7,859 | €8,409 | +€550 | +7.0% |
| Remuneration and social security | 454/9 | €3,600 | €6,900 | +€3,300 | +91.7% |
| Other amounts payable | 47/48 | €13,089 | €26,153 | +€13,064 | +99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95 | €1,354 | +€1,259 | +1,326% |
| Other operating charges | 640/8 | €29 | €723 | +€693 | +2,368% |
| Gross operating margin | 9900 | €37,427 | -€40,151 | -€77,578 | |
| Operating profit (loss) | 9901 | €37,303 | -€42,228 | -€79,530 | |
| Financial charges | 65/66B | €392 | €2,546 | +€2,154 | +550% |
| Recurring financial charges | 65 | €392 | €2,546 | +€2,154 | +550% |
| Profit (loss) for the period before taxes | 9903 | €36,911 | -€44,773 | -€81,684 | |
| Income taxes | 67/77 | €7,544 | €132 | -€7,412 | -98.3% |
| Profit (loss) for the period | 9904 | €29,367 | -€44,905 | -€74,272 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,367 | -€44,905 | -€74,272 |
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 20 October 2026 via checked.be.