HAYEZ CONSULTING: what changed
HAYEZ CONSULTING
Largest movements
- Cash -€33,479
down €33,479 (-44.5%), from €75,234 to €41,755
mainly Contributions, distributions and other (-€35,000) and Receivables within one year (-€21,141)
- Receivables after one year -€24,574
down €24,574 (-53.3%), from €46,133 to €21,559
- Receivables within one year +€21,141
up €21,141 (+52.8%), from €40,077 to €61,219
of which Other amounts receivable: +€13,608
- Reserves -€35,000
down €35,000 (-25.2%), from €138,713 to €103,713
of which Distributable reserves: -€35,000
- Other debts +€14,937
up €14,937 (+45.5%), from €32,824 to €47,761
- Profit (loss) carried forward -€10,485
down €10,485 (-54.2%), from €19,356 to €8,871
- Tax, wage and social debts -€8,627
down €8,627 (-56.1%), from €15,391 to €6,764
of which Remuneration and social security: -€6,909
- Gross operating margin -€24,761
down €24,761 (-76.4%), from €32,418 to €7,656
- Taxes -€6,295
down €6,295 (-90.8%), from €6,935 to €639
- Financial charges +€1,578
up €1,578 (+212%), from €744 to €2,322
- Financial income -€1,000
down €1,000 (-71.4%), from €1,401 to €401
- Depreciation +€662
up €662 (+4.6%), from €14,286 to €14,948
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €219,867 | €182,479 | -€37,389 | -17.0% |
| Fixed assets | 21/28 | €53,814 | €52,829 | -€986 | -1.8% |
| Tangible fixed assets | 22/27 | €53,814 | €52,829 | -€986 | -1.8% |
| Plant, machinery and equipment | 23 | €2,767 | €2,288 | -€478 | -17.3% |
| Furniture and vehicles | 24 | €45,697 | €46,973 | +€1,276 | +2.8% |
| Other tangible fixed assets | 26 | €5,351 | €3,567 | -€1,784 | -33.3% |
| Current assets | 29/58 | €166,053 | €129,650 | -€36,403 | -21.9% |
| Amounts receivable after more than one year | 29 | €46,133 | €21,559 | -€24,574 | -53.3% |
| Other amounts receivable | 291 | €46,133 | €21,559 | -€24,574 | -53.3% |
| Amounts receivable within one year | 40/41 | €40,077 | €61,219 | +€21,141 | +52.8% |
| Trade receivables | 40 | €25,759 | €33,293 | +€7,533 | +29.2% |
| Other amounts receivable | 41 | €14,318 | €27,926 | +€13,608 | +95.0% |
| Cash at bank and in hand | 54/58 | €75,234 | €41,755 | -€33,479 | -44.5% |
| Deferred charges and accrued income | 490/1 | €4,609 | €5,118 | +€509 | +11.0% |
| Total equity and liabilities | 10/49 | €219,867 | €182,479 | -€37,389 | -17.0% |
| Equity | 10/15 | €170,469 | €124,985 | -€45,485 | -26.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €138,713 | €103,713 | -€35,000 | -25.2% |
| Tax-exempt reserves | 132 | €153 | €153 | = | 0.0% |
| Distributable reserves | 133 | €138,560 | €103,560 | -€35,000 | -25.3% |
| Profit (loss) carried forward | 14 | €19,356 | €8,871 | -€10,485 | -54.2% |
| Amounts payable | 17/49 | €49,398 | €57,494 | +€8,096 | +16.4% |
| Amounts payable within one year | 42/48 | €49,398 | €57,494 | +€8,096 | +16.4% |
| Trade debts | 44 | €1,183 | €2,969 | +€1,786 | +151% |
| Suppliers | 440/4 | €1,183 | €2,969 | +€1,786 | +151% |
| Taxes, remuneration and social security | 45 | €15,391 | €6,764 | -€8,627 | -56.1% |
| Taxes | 450/3 | €8,482 | €6,764 | -€1,718 | -20.3% |
| Remuneration and social security | 454/9 | €6,909 | €0 | -€6,909 | -100% |
| Other amounts payable | 47/48 | €32,824 | €47,761 | +€14,937 | +45.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,286 | €14,948 | +€662 | +4.6% |
| Other operating charges | 640/8 | €433 | €632 | +€199 | +45.9% |
| Gross operating margin | 9900 | €32,418 | €7,656 | -€24,761 | -76.4% |
| Operating profit (loss) | 9901 | €17,698 | -€7,924 | -€25,622 | |
| Financial income | 75/76B | €1,401 | €401 | -€1,000 | -71.4% |
| Recurring financial income | 75 | €1,401 | €401 | -€1,000 | -71.4% |
| Financial charges | 65/66B | €744 | €2,322 | +€1,578 | +212% |
| Recurring financial charges | 65 | €744 | €2,322 | +€1,578 | +212% |
| Profit (loss) for the period before taxes | 9903 | €18,355 | -€9,845 | -€28,201 | |
| Income taxes | 67/77 | €6,935 | €639 | -€6,295 | -90.8% |
| Profit (loss) for the period | 9904 | €11,421 | -€10,485 | -€21,905 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,421 | -€10,485 | -€21,905 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.