HBC Consulting: what changed
HBC Consulting
Largest movements
- Cash -€4,190
down €4,190 (-13.4%), from €31,171 to €26,981
mainly Net result for the year (-€3,082) and Tax, wage and social debts (-€1,464)
- Tangible fixed assets -€1,579
no longer reported in 2025 (was €1,579)
- Profit (loss) carried forward -€3,082
down €3,082 (-13.2%), from -€23,338 to -€26,420
- Tax, wage and social debts -€1,464
no longer reported in 2025 (was €1,464)
of which Remuneration and social security: -€1,297
- Gross operating margin +€6,482
up €6,482 (+72.4%), from -€8,958 to -€2,476
- Depreciation -€3,638
down €3,638 (-69.7%), from €5,217 to €1,579
- Financial income +€914
up €914 (+91.2%), from €1,002 to €1,916
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 | €136,833 | €131,744 | -€5,089 | -3.7% |
| Fixed assets | 21/28 | €1,579 | - | -€1,579 | |
| Tangible fixed assets | 22/27 | €1,579 | - | -€1,579 | |
| Other tangible fixed assets | 26 | €1,579 | - | -€1,579 | |
| Current assets | 29/58 | €135,254 | €131,744 | -€3,510 | -2.6% |
| Amounts receivable within one year | 40/41 | €2,358 | €3,382 | +€1,024 | +43.4% |
| Trade receivables | 40 | €1,053 | €587 | -€466 | -44.2% |
| Other amounts receivable | 41 | €1,305 | €2,795 | +€1,490 | +114% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €31,171 | €26,981 | -€4,190 | -13.4% |
| Deferred charges and accrued income | 490/1 | €1,725 | €1,381 | -€344 | -20.0% |
| Total equity and liabilities | 10/49 | €136,833 | €131,744 | -€5,089 | -3.7% |
| Equity | 10/15 | €134,826 | €131,744 | -€3,082 | -2.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €153,164 | €153,164 | = | 0.0% |
| Distributable reserves | 133 | €153,164 | €153,164 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,338 | -€26,420 | -€3,082 | -13.2% |
| Amounts payable | 17/49 | €2,006 | - | -€2,006 | |
| Amounts payable within one year | 42/48 | €2,006 | - | -€2,006 | |
| Trade debts | 44 | €75 | - | -€75 | |
| Suppliers | 440/4 | €75 | - | -€75 | |
| Taxes, remuneration and social security | 45 | €1,464 | - | -€1,464 | |
| Taxes | 450/3 | €167 | - | -€167 | |
| Remuneration and social security | 454/9 | €1,297 | - | -€1,297 | |
| Other amounts payable | 47/48 | €467 | - | -€467 | |
| Non-recurring operating income | 76A | - | €5,200 | +€5,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,217 | €1,579 | -€3,638 | -69.7% |
| Other operating charges | 640/8 | €708 | €704 | -€4 | -0.6% |
| Gross operating margin | 9900 | -€8,958 | -€2,476 | +€6,482 | +72.4% |
| Operating profit (loss) | 9901 | -€14,883 | -€4,759 | +€10,124 | +68.0% |
| Financial income | 75/76B | €1,002 | €1,916 | +€914 | +91.2% |
| Recurring financial income | 75 | €1,002 | €1,916 | +€914 | +91.2% |
| Financial charges | 65/66B | €158 | €72 | -€86 | -54.4% |
| Recurring financial charges | 65 | €158 | €72 | -€86 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,039 | -€2,915 | +€11,124 | +79.2% |
| Income taxes | 67/77 | €167 | €167 | -€0 | -0.1% |
| Profit (loss) for the period | 9904 | -€14,206 | -€3,082 | +€11,124 | +78.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,206 | -€3,082 | +€11,124 | +78.3% |
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.