Hayaux 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.
Hayaux Consulting
Largest movements
- Receivables within one year +€187,941
up €187,941 (+338%), from €55,664 to €243,605
of which Other amounts receivable: +€220,483
- Cash +€125,453
up €125,453 (+62.4%), from €201,044 to €326,497
mainly Net result for the year (+€308,611) and Tax, wage and social debts (+€111,840)
- Deferred charges and accrued income +€9,381
up €9,381 (+880%), from €1,066 to €10,448
- Profit (loss) carried forward +€308,611
up €308,611 (+118%), from €262,093 to €570,704
- Tax, wage and social debts +€111,840
up €111,840 (+749%), from €14,941 to €126,782
of which Taxes: +€111,239
- Current portion of long-term debt -€92,661
down €92,661 (-91.4%), from €101,406 to €8,745
- Debts after one year -€8,745
down €8,745 (-35.1%), from €24,908 to €16,162
- Gross operating margin +€56,779
up €56,779 (+16.1%), from €353,172 to €409,951
- Financial income +€16,428
up €16,428 (+2,053,553%), from €1 to €16,429
- Taxes +€15,634
up €15,634 (+17.9%), from €87,435 to €103,070
- Depreciation +€6,138
up €6,138 (+270%), from €2,269 to €8,407
- Financial charges +€4,332
up €4,332 (+334%), from €1,299 to €5,630
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 | €411,688 | €727,256 | +€315,568 | +76.7% |
| Fixed assets | 21/28 | €38,914 | €31,706 | -€7,208 | -18.5% |
| Tangible fixed assets | 22/27 | €37,914 | €30,706 | -€7,208 | -19.0% |
| Plant, machinery and equipment | 23 | - | €829 | +€829 | |
| Furniture and vehicles | 24 | €34,306 | €27,031 | -€7,275 | -21.2% |
| Other tangible fixed assets | 26 | €3,608 | €2,846 | -€762 | -21.1% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €372,775 | €695,550 | +€322,775 | +86.6% |
| Amounts receivable after more than one year | 29 | €115,000 | €115,000 | = | 0.0% |
| Trade receivables | 290 | €115,000 | €115,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €55,664 | €243,605 | +€187,941 | +338% |
| Trade receivables | 40 | €50,099 | €17,557 | -€32,542 | -65.0% |
| Other amounts receivable | 41 | €5,565 | €226,048 | +€220,483 | +3,962% |
| Cash at bank and in hand | 54/58 | €201,044 | €326,497 | +€125,453 | +62.4% |
| Deferred charges and accrued income | 490/1 | €1,066 | €10,448 | +€9,381 | +880% |
| Total equity and liabilities | 10/49 | €411,688 | €727,256 | +€315,568 | +76.7% |
| Equity | 10/15 | €264,093 | €572,704 | +€308,611 | +117% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €262,093 | €570,704 | +€308,611 | +118% |
| Amounts payable | 17/49 | €147,595 | €154,552 | +€6,957 | +4.7% |
| Amounts payable after more than one year | 17 | €24,908 | €16,162 | -€8,745 | -35.1% |
| Financial debts | 170/4 | €24,908 | €16,162 | -€8,745 | -35.1% |
| Amounts payable within one year | 42/48 | €122,687 | €138,389 | +€15,702 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €101,406 | €8,745 | -€92,661 | -91.4% |
| Trade debts | 44 | €4,576 | €2,862 | -€1,714 | -37.4% |
| Suppliers | 440/4 | €4,576 | €2,862 | -€1,714 | -37.4% |
| Taxes, remuneration and social security | 45 | €14,941 | €126,782 | +€111,840 | +749% |
| Taxes | 450/3 | €14,941 | €126,180 | +€111,239 | +745% |
| Remuneration and social security | 454/9 | - | €602 | +€602 | |
| Other amounts payable | 47/48 | €1,764 | - | -€1,764 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,269 | €8,407 | +€6,138 | +270% |
| Other operating charges | 640/8 | €76 | €663 | +€587 | +771% |
| Gross operating margin | 9900 | €353,172 | €409,951 | +€56,779 | +16.1% |
| Operating profit (loss) | 9901 | €350,827 | €400,882 | +€50,055 | +14.3% |
| Financial income | 75/76B | €1 | €16,429 | +€16,428 | +2,053,553% |
| Recurring financial income | 75 | €1 | €16,429 | +€16,428 | +2,053,553% |
| Financial charges | 65/66B | €1,299 | €5,630 | +€4,332 | +334% |
| Recurring financial charges | 65 | €1,299 | €5,630 | +€4,332 | +334% |
| Profit (loss) for the period before taxes | 9903 | €349,529 | €411,680 | +€62,152 | +17.8% |
| Income taxes | 67/77 | €87,435 | €103,070 | +€15,634 | +17.9% |
| Profit (loss) for the period | 9904 | €262,093 | €308,611 | +€46,518 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €262,093 | €308,611 | +€46,518 | +17.7% |
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 26 October 2026 via checked.be.