HC CONSULT: what changed
Two fiscal 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.
HC CONSULT
Largest movements
- Receivables within one year +€96,555
up €96,555 (+74.8%), from €129,091 to €225,646
of which Trade receivables: +€96,555
- Tangible fixed assets -€14,210
down €14,210 (-25.3%), from €56,271 to €42,061
of which Leasing and similar rights: -€13,320
- Cash +€8,817
up €8,817 (+80.9%), from €10,904 to €19,721
mainly Trade debts (+€70,630) and Tax, wage and social debts (+€25,475)
- Trade debts +€70,630
up €70,630 (+642.5%), from €10,994 to €81,624
- Tax, wage and social debts +€25,475
up €25,475 (+40.0%), from €63,670 to €89,146
of which Taxes: +€12,843
- Debts after one year -€11,931
down €11,931 (-13.5%), from €88,443 to €76,512
- Profit (loss) carried forward +€6,433
up €6,433 (+103.1%), from €6,241 to €12,674
- Turnover +€54,175
up €54,175 (+10.7%), from €507,367 to €561,542
- Gross operating margin +€53,760
up €53,760 (+25.9%), from €207,926 to €261,686
- Staff costs +€53,457
up €53,457 (+32.2%), from €166,252 to €219,709
- Purchases and services -€18,751
down €18,751 (-5.8%), from €322,972 to €304,221
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.
Cash bridge derived
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 | €226,886 | €316,058 | +€89,172 | +39.3% |
| Formation expenses | 20 | €138 | €0 | -€138 | -100.0% |
| Fixed assets | 21/28 | €65,822 | €49,152 | -€16,670 | -25.3% |
| Intangible fixed assets | 21 | €9,551 | €7,091 | -€2,460 | -25.8% |
| Tangible fixed assets | 22/27 | €56,271 | €42,061 | -€14,210 | -25.3% |
| Plant, machinery and equipment | 23 | €6,654 | €7,367 | +€713 | +10.7% |
| Furniture and vehicles | 24 | €4,532 | €2,929 | -€1,603 | -35.4% |
| Leasing and similar rights | 25 | €45,086 | €31,766 | -€13,320 | -29.5% |
| Current assets | 29/58 | €160,925 | €266,905 | +€105,980 | +65.9% |
| Stocks and contracts in progress | 3 | €20,000 | €20,000 | = | 0.0% |
| Contracts in progress | 37 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €129,091 | €225,646 | +€96,555 | +74.8% |
| Trade receivables | 40 | €126,960 | €223,515 | +€96,555 | +76.1% |
| Other amounts receivable | 41 | €2,131 | €2,131 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,904 | €19,721 | +€8,817 | +80.9% |
| Deferred charges and accrued income | 490/1 | €930 | €1,539 | +€608 | +65.4% |
| Total equity and liabilities | 10/49 | €226,886 | €316,058 | +€89,172 | +39.3% |
| Equity | 10/15 | €17,741 | €24,174 | +€6,433 | +36.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €9,500 | €9,500 | = | 0.0% |
| Distributable reserves | 133 | €9,500 | €9,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,241 | €12,674 | +€6,433 | +103.1% |
| Amounts payable | 17/49 | €209,145 | €291,884 | +€82,739 | +39.6% |
| Amounts payable after more than one year | 17 | €88,443 | €76,512 | -€11,931 | -13.5% |
| Financial debts | 170/4 | €88,443 | €76,512 | -€11,931 | -13.5% |
| Amounts payable within one year | 42/48 | €120,702 | €215,372 | +€94,670 | +78.4% |
| Current portion of amounts payable after more than one year | 42 | €16,285 | €15,407 | -€878 | -5.4% |
| Financial debts | 43 | €24,386 | €22,714 | -€1,672 | -6.9% |
| Credit institutions | 430/8 | €24,386 | €22,714 | -€1,672 | -6.9% |
| Trade debts | 44 | €10,994 | €81,624 | +€70,630 | +642.5% |
| Suppliers | 440/4 | €10,994 | €81,624 | +€70,630 | +642.5% |
| Taxes, remuneration and social security | 45 | €63,670 | €89,146 | +€25,475 | +40.0% |
| Taxes | 450/3 | €34,213 | €47,057 | +€12,843 | +37.5% |
| Remuneration and social security | 454/9 | €29,457 | €42,089 | +€12,632 | +42.9% |
| Other amounts payable | 47/48 | €5,367 | €6,481 | +€1,114 | +20.8% |
| Turnover | 70 | €507,367 | €561,542 | +€54,175 | +10.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €322,972 | €304,221 | -€18,751 | -5.8% |
| Remuneration, social security and pensions | 62 | €166,252 | €219,709 | +€53,457 | +32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,340 | €19,905 | -€2,435 | -10.9% |
| Other operating charges | 640/8 | €2,088 | €954 | -€1,134 | -54.3% |
| Gross operating margin | 9900 | €207,926 | €261,686 | +€53,760 | +25.9% |
| Operating profit (loss) | 9901 | €17,247 | €21,118 | +€3,872 | +22.5% |
| Financial income | 75/76B | €1 | €68 | +€66 | +4689.4% |
| Recurring financial income | 75 | €1 | €68 | +€66 | +4689.4% |
| Financial charges | 65/66B | €5,804 | €7,090 | +€1,286 | +22.2% |
| Recurring financial charges | 65 | €5,804 | €7,090 | +€1,286 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €11,444 | €14,096 | +€2,652 | +23.2% |
| Income taxes | 67/77 | €6,519 | €7,663 | +€1,145 | +17.6% |
| Profit (loss) for the period | 9904 | €4,926 | €6,433 | +€1,508 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,926 | €6,433 | +€1,508 | +30.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.