HAWKEYE 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.
HAWKEYE CONSULTING
Largest movements
- Cash +€1.4m
up €1.4m (+401%), from €343,858 to €1.7m
mainly Net result for the year (+€1.2m) and Investment in fixed assets (net) (+€687,734)
- Financial fixed assets -€793,016
down €793,016 (-100%), from €793,016 to €0
- Receivables within one year +€569,579
up €569,579 (+373%), from €152,668 to €722,248
of which Other amounts receivable: +€475,730
- Tangible fixed assets +€82,724
up €82,724 (+299%), from €27,683 to €110,407
of which Furniture and vehicles: +€78,552
- Reserves +€1.1m
up €1.1m (+90.3%), from €1.2m to €2.3m
- Tax, wage and social debts +€106,751
up €106,751 (+227%), from €47,096 to €153,846
- Debts after one year +€34,799
up €34,799 (+121%), from €28,828 to €63,627
- Financial income +€989,158
up €989,158 (+145,649%), from €679 to €989,837
- Taxes +€91,111
up €91,111 (+69.3%), from €131,437 to €222,548
- Gross operating margin +€23,240
up €23,240 (+5.4%), from €428,452 to €451,692
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 | €1,352,691 | €2,610,756 | +€1.3m | +93.0% |
| Fixed assets | 21/28 | €820,699 | €110,407 | -€710,292 | -86.5% |
| Tangible fixed assets | 22/27 | €27,683 | €110,407 | +€82,724 | +299% |
| Plant, machinery and equipment | 23 | €543 | €143 | -€400 | -73.6% |
| Furniture and vehicles | 24 | €23,522 | €102,075 | +€78,552 | +334% |
| Other tangible fixed assets | 26 | €3,618 | €8,189 | +€4,571 | +126% |
| Financial fixed assets | 28 | €793,016 | €0 | -€793,016 | -100% |
| Current assets | 29/58 | €531,992 | €2,500,349 | +€2.0m | +370% |
| Amounts receivable within one year | 40/41 | €152,668 | €722,248 | +€569,579 | +373% |
| Trade receivables | 40 | €146,429 | €240,278 | +€93,849 | +64.1% |
| Other amounts receivable | 41 | €6,239 | €481,969 | +€475,730 | +7,625% |
| Current investments | 50/53 | €35,465 | €55,762 | +€20,297 | +57.2% |
| Cash at bank and in hand | 54/58 | €343,858 | €1,722,339 | +€1.4m | +401% |
| Total equity and liabilities | 10/49 | €1,352,691 | €2,610,756 | +€1.3m | +93.0% |
| Equity | 10/15 | €1,227,388 | €2,324,399 | +€1.1m | +89.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,214,988 | €2,311,999 | +€1.1m | +90.3% |
| Distributable reserves | 133 | €1,214,988 | €2,311,999 | +€1.1m | +90.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €125,303 | €286,357 | +€161,054 | +129% |
| Amounts payable after more than one year | 17 | €28,828 | €63,627 | +€34,799 | +121% |
| Financial debts | 170/4 | €28,828 | €63,627 | +€34,799 | +121% |
| Amounts payable within one year | 42/48 | €95,507 | €221,732 | +€126,224 | +132% |
| Current portion of amounts payable after more than one year | 42 | €37,927 | €44,225 | +€6,298 | +16.6% |
| Trade debts | 44 | €1,078 | €1,908 | +€831 | +77.1% |
| Suppliers | 440/4 | €1,078 | €1,908 | +€831 | +77.1% |
| Taxes, remuneration and social security | 45 | €47,096 | €153,846 | +€106,751 | +227% |
| Taxes | 450/3 | €47,096 | €153,846 | +€106,751 | +227% |
| Other amounts payable | 47/48 | €9,407 | €21,752 | +€12,345 | +131% |
| Accrued charges and deferred income | 492/3 | €968 | €998 | +€31 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,125 | €22,557 | +€4,432 | +24.5% |
| Other operating charges | 640/8 | €1,851 | €3,137 | +€1,286 | +69.5% |
| Gross operating margin | 9900 | €428,452 | €451,692 | +€23,240 | +5.4% |
| Operating profit (loss) | 9901 | €408,476 | €425,998 | +€17,522 | +4.3% |
| Financial income | 75/76B | €679 | €989,837 | +€989,158 | +145,649% |
| Recurring financial income | 75 | €679 | €989,837 | +€989,158 | +145,649% |
| Financial charges | 65/66B | €992 | €1,715 | +€723 | +72.9% |
| Recurring financial charges | 65 | €992 | €1,715 | +€723 | +72.9% |
| Profit (loss) for the period before taxes | 9903 | €408,164 | €1,414,120 | +€1.0m | +246% |
| Income taxes | 67/77 | €131,437 | €222,548 | +€91,111 | +69.3% |
| Profit (loss) for the period | 9904 | €276,726 | €1,191,572 | +€914,845 | +331% |
| Profit (loss) for the period to be appropriated | 9905 | €276,726 | €1,191,572 | +€914,845 | +331% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.