HAWI 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.
HAWI CONSULT
Largest movements
- Cash +€30,504
up €30,504 (+27.1%), from €112,534 to €143,038
mainly Net result for the year (+€53,115) and Depreciation (+€5,450)
- Receivables within one year +€14,861
up €14,861 (+92.9%), from €16,000 to €30,861
of which Trade receivables: +€12,064
- Tangible fixed assets -€5,450
down €5,450 (-8.5%), from €64,148 to €58,698
- Current investments -€3,413
down €3,413 (-11.2%), from €30,574 to €27,161
- Reserves +€53,115
up €53,115 (+29.2%), from €181,710 to €234,825
- Tax, wage and social debts -€9,937
down €9,937 (-44.3%), from €22,452 to €12,515
- Trade debts -€6,388
down €6,388 (-99.7%), from €6,406 to €18
- Gross operating margin -€6,606
down €6,606 (-7.3%), from €90,407 to €83,801
- Taxes -€1,793
down €1,793 (-6.6%), from €27,319 to €25,526
- Financial income +€1,108
up €1,108 (+345%), from €321 to €1,429
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 | €223,256 | €259,758 | +€36,502 | +16.3% |
| Fixed assets | 21/28 | €64,148 | €58,698 | -€5,450 | -8.5% |
| Tangible fixed assets | 22/27 | €64,148 | €58,698 | -€5,450 | -8.5% |
| Land and buildings | 22 | €53,323 | €51,372 | -€1,951 | -3.7% |
| Plant, machinery and equipment | 23 | €1,770 | €890 | -€880 | -49.7% |
| Furniture and vehicles | 24 | €9,055 | €6,436 | -€2,619 | -28.9% |
| Current assets | 29/58 | €159,108 | €201,060 | +€41,952 | +26.4% |
| Amounts receivable within one year | 40/41 | €16,000 | €30,861 | +€14,861 | +92.9% |
| Trade receivables | 40 | €10,750 | €22,814 | +€12,064 | +112% |
| Other amounts receivable | 41 | €5,250 | €8,047 | +€2,797 | +53.3% |
| Current investments | 50/53 | €30,574 | €27,161 | -€3,413 | -11.2% |
| Cash at bank and in hand | 54/58 | €112,534 | €143,038 | +€30,504 | +27.1% |
| Total equity and liabilities | 10/49 | €223,256 | €259,758 | +€36,502 | +16.3% |
| Equity | 10/15 | €194,110 | €247,225 | +€53,115 | +27.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €181,710 | €234,825 | +€53,115 | +29.2% |
| Distributable reserves | 133 | €181,710 | €234,825 | +€53,115 | +29.2% |
| Amounts payable | 17/49 | €29,146 | €12,533 | -€16,613 | -57.0% |
| Amounts payable within one year | 42/48 | €28,963 | €12,533 | -€16,430 | -56.7% |
| Trade debts | 44 | €6,406 | €18 | -€6,388 | -99.7% |
| Suppliers | 440/4 | €6,406 | €18 | -€6,388 | -99.7% |
| Taxes, remuneration and social security | 45 | €22,452 | €12,515 | -€9,937 | -44.3% |
| Taxes | 450/3 | €22,452 | €12,515 | -€9,937 | -44.3% |
| Other amounts payable | 47/48 | €105 | - | -€105 | |
| Accrued charges and deferred income | 492/3 | €183 | - | -€183 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,449 | €5,450 | +€1 | 0.0% |
| Other operating charges | 640/8 | €1,039 | €1,072 | +€33 | +3.2% |
| Gross operating margin | 9900 | €90,407 | €83,801 | -€6,606 | -7.3% |
| Operating profit (loss) | 9901 | €83,919 | €77,279 | -€6,640 | -7.9% |
| Financial income | 75/76B | €321 | €1,429 | +€1,108 | +345% |
| Recurring financial income | 75 | €321 | €1,429 | +€1,108 | +345% |
| Financial charges | 65/66B | €251 | €67 | -€184 | -73.3% |
| Recurring financial charges | 65 | €251 | €67 | -€184 | -73.3% |
| Profit (loss) for the period before taxes | 9903 | €83,989 | €78,641 | -€5,348 | -6.4% |
| Income taxes | 67/77 | €27,319 | €25,526 | -€1,793 | -6.6% |
| Profit (loss) for the period | 9904 | €56,670 | €53,115 | -€3,555 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,670 | €53,115 | -€3,555 | -6.3% |
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.