Hathor 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.
Hathor Consulting
Largest movements
- Receivables within one year -€10,357
down €10,357 (-33.0%), from €31,360 to €21,003
of which Other amounts receivable: -€6,511
- Tangible fixed assets +€6,904
new in 2025: €6,904
- Deferred charges and accrued income +€3,263
up €3,263 (+522%), from €625 to €3,888
- Cash -€2,126
down €2,126 (-16.2%), from €13,117 to €10,991
mainly Investment in fixed assets (net) (-€9,000) and Trade debts (-€5,283)
- Trade debts -€5,283
down €5,283 (-84.1%), from €6,283 to €1,000
- Profit (loss) carried forward +€4,034
up €4,034 (+13.5%), from €29,849 to €33,883
- Tax, wage and social debts -€1,066
down €1,066 (-19.5%), from €5,470 to €4,404
- Gross operating margin -€30,192
down €30,192 (-77.8%), from €38,800 to €8,608
- Taxes -€6,166
down €6,166 (-71.7%), from €8,605 to €2,439
- Depreciation +€2,096
new in 2025: €2,096
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 | €45,102 | €42,786 | -€2,316 | -5.1% |
| Fixed assets | 21/28 | - | €6,904 | +€6,904 | |
| Tangible fixed assets | 22/27 | - | €6,904 | +€6,904 | |
| Furniture and vehicles | 24 | - | €6,904 | +€6,904 | |
| Current assets | 29/58 | €45,102 | €35,882 | -€9,220 | -20.4% |
| Amounts receivable within one year | 40/41 | €31,360 | €21,003 | -€10,357 | -33.0% |
| Trade receivables | 40 | €11,346 | €7,500 | -€3,846 | -33.9% |
| Other amounts receivable | 41 | €20,014 | €13,503 | -€6,511 | -32.5% |
| Cash at bank and in hand | 54/58 | €13,117 | €10,991 | -€2,126 | -16.2% |
| Deferred charges and accrued income | 490/1 | €625 | €3,888 | +€3,263 | +522% |
| Total equity and liabilities | 10/49 | €45,102 | €42,786 | -€2,316 | -5.1% |
| Equity | 10/15 | €33,349 | €37,383 | +€4,034 | +12.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,849 | €33,883 | +€4,034 | +13.5% |
| Amounts payable | 17/49 | €11,753 | €5,404 | -€6,350 | -54.0% |
| Amounts payable within one year | 42/48 | €11,753 | €5,404 | -€6,350 | -54.0% |
| Trade debts | 44 | €6,283 | €1,000 | -€5,283 | -84.1% |
| Suppliers | 440/4 | €6,283 | €1,000 | -€5,283 | -84.1% |
| Taxes, remuneration and social security | 45 | €5,470 | €4,404 | -€1,066 | -19.5% |
| Taxes | 450/3 | €5,470 | €4,404 | -€1,066 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,096 | +€2,096 | |
| Other operating charges | 640/8 | €772 | €745 | -€27 | -3.5% |
| Gross operating margin | 9900 | €38,800 | €8,608 | -€30,192 | -77.8% |
| Operating profit (loss) | 9901 | €38,028 | €5,767 | -€32,261 | -84.8% |
| Financial income | 75/76B | €625 | €932 | +€306 | +49.0% |
| Recurring financial income | 75 | €625 | €932 | +€306 | +49.0% |
| Financial charges | 65/66B | €200 | €226 | +€26 | +13.0% |
| Recurring financial charges | 65 | €200 | €226 | +€26 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €38,454 | €6,473 | -€31,981 | -83.2% |
| Income taxes | 67/77 | €8,605 | €2,439 | -€6,166 | -71.7% |
| Profit (loss) for the period | 9904 | €29,849 | €4,034 | -€25,815 | -86.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,849 | €4,034 | -€25,815 | -86.5% |
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 25 October 2026 via checked.be.