HB 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.
HB Consulting
Largest movements
- Cash +€3,564
up €3,564 (+315%), from €1,132 to €4,696
mainly Net result for the year (+€3,138) and Depreciation (+€688)
- Tangible fixed assets -€688
down €688 (-49.9%), from €1,378 to €690
- Reserves +€1,753
up €1,753, from €0 to €1,753
- Profit (loss) carried forward +€1,385
up €1,385, from -€1,385 to €0
- Other debts -€1,135
down €1,135 (-100%), from €1,135 to €0
- Tax, wage and social debts +€587
up €587 (+10,508%), from €6 to €593
- Trade debts +€577
up €577 (+192%), from €300 to €877
- Gross operating margin +€36,511
up €36,511, from -€32,019 to €4,492
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 | €3,231 | €6,062 | +€2,831 | +87.6% |
| Fixed assets | 21/28 | €1,378 | €690 | -€688 | -49.9% |
| Tangible fixed assets | 22/27 | €1,378 | €690 | -€688 | -49.9% |
| Furniture and vehicles | 24 | €1,378 | €690 | -€688 | -49.9% |
| Current assets | 29/58 | €1,853 | €5,372 | +€3,519 | +190% |
| Amounts receivable within one year | 40/41 | €549 | €545 | -€4 | -0.7% |
| Trade receivables | 40 | €549 | €0 | -€549 | -100% |
| Other amounts receivable | 41 | €0 | €545 | +€545 | |
| Cash at bank and in hand | 54/58 | €1,132 | €4,696 | +€3,564 | +315% |
| Deferred charges and accrued income | 490/1 | €173 | €132 | -€41 | -23.9% |
| Total equity and liabilities | 10/49 | €3,231 | €6,062 | +€2,831 | +87.6% |
| Equity | 10/15 | €1,115 | €4,253 | +€3,138 | +281% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €0 | €1,753 | +€1,753 | |
| Distributable reserves | 133 | €0 | €1,753 | +€1,753 | |
| Profit (loss) carried forward | 14 | -€1,385 | €0 | +€1,385 | |
| Amounts payable | 17/49 | €2,116 | €1,809 | -€307 | -14.5% |
| Amounts payable within one year | 42/48 | €2,116 | €1,809 | -€307 | -14.5% |
| Financial debts | 43 | €675 | €339 | -€337 | -49.8% |
| Credit institutions | 430/8 | €675 | €339 | -€337 | -49.8% |
| Trade debts | 44 | €300 | €877 | +€577 | +192% |
| Suppliers | 440/4 | €300 | €877 | +€577 | +192% |
| Taxes, remuneration and social security | 45 | €6 | €593 | +€587 | +10,508% |
| Taxes | 450/3 | €6 | €593 | +€587 | +10,508% |
| Other amounts payable | 47/48 | €1,135 | €0 | -€1,135 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €688 | €688 | +€0 | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €352 | €0 | -€352 | -100% |
| Gross operating margin | 9900 | -€32,019 | €4,492 | +€36,511 | |
| Operating profit (loss) | 9901 | -€33,564 | €3,284 | +€36,848 | |
| Financial income | 75/76B | €0 | €22 | +€22 | |
| Recurring financial income | 75 | €0 | €22 | +€22 | |
| Financial charges | 65/66B | €137 | €168 | +€30 | +22.2% |
| Recurring financial charges | 65 | €137 | €168 | +€30 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | -€33,702 | €3,138 | +€36,839 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€33,702 | €3,138 | +€36,839 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,702 | €3,138 | +€36,839 |
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 15 October 2026 via checked.be.