HC CONSULTANCE: 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.
HC CONSULTANCE
Largest movements
- Intangible fixed assets -€27,150
down €27,150 (-79.3%), from €34,241 to €7,091
- Receivables within one year -€13,381
down €13,381 (-97.1%), from €13,781 to €400
of which Trade receivables: -€13,674
- Tangible fixed assets -€12,745
down €12,745 (-21.0%), from €60,668 to €47,924
of which Furniture and vehicles: -€11,786
- Deferred charges and accrued income +€2,637
up €2,637 (+182%), from €1,449 to €4,086
- Cash +€1,517
up €1,517 (+15.5%), from €9,785 to €11,301
mainly Depreciation (+€42,139) and Receivables within one year (+€13,381)
- Profit (loss) carried forward -€29,133
down €29,133 (-46.1%), from €63,234 to €34,101
- Debts after one year -€19,742
down €19,742 (-72.1%), from €27,379 to €7,637
- Gross operating margin -€27,482
down €27,482 (-47.3%), from €58,096 to €30,615
- Taxes -€3,784
down €3,784 (-94.8%), from €3,993 to €209
- Other operating charges -€1,467
down €1,467 (-56.7%), from €2,589 to €1,122
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 | €119,924 | €70,802 | -€49,122 | -41.0% |
| Fixed assets | 21/28 | €94,910 | €55,015 | -€39,895 | -42.0% |
| Intangible fixed assets | 21 | €34,241 | €7,091 | -€27,150 | -79.3% |
| Tangible fixed assets | 22/27 | €60,668 | €47,924 | -€12,745 | -21.0% |
| Plant, machinery and equipment | 23 | €8,826 | €7,867 | -€959 | -10.9% |
| Furniture and vehicles | 24 | €51,842 | €40,056 | -€11,786 | -22.7% |
| Current assets | 29/58 | €25,015 | €15,787 | -€9,227 | -36.9% |
| Amounts receivable within one year | 40/41 | €13,781 | €400 | -€13,381 | -97.1% |
| Trade receivables | 40 | €13,674 | - | -€13,674 | |
| Other amounts receivable | 41 | €107 | €400 | +€293 | +275% |
| Cash at bank and in hand | 54/58 | €9,785 | €11,301 | +€1,517 | +15.5% |
| Deferred charges and accrued income | 490/1 | €1,449 | €4,086 | +€2,637 | +182% |
| Total equity and liabilities | 10/49 | €119,924 | €70,802 | -€49,122 | -41.0% |
| Equity | 10/15 | €63,334 | €34,201 | -€29,133 | -46.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,234 | €34,101 | -€29,133 | -46.1% |
| Amounts payable | 17/49 | €56,590 | €36,601 | -€19,989 | -35.3% |
| Amounts payable after more than one year | 17 | €27,379 | €7,637 | -€19,742 | -72.1% |
| Financial debts | 170/4 | €27,379 | €7,637 | -€19,742 | -72.1% |
| Amounts payable within one year | 42/48 | €29,212 | €28,963 | -€248 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €20,935 | €19,742 | -€1,193 | -5.7% |
| Trade debts | 44 | €3,277 | €3,974 | +€697 | +21.3% |
| Suppliers | 440/4 | €3,277 | €3,950 | +€673 | +20.5% |
| Bills of exchange payable | 441 | - | €24 | +€24 | |
| Taxes, remuneration and social security | 45 | €4,521 | €5,248 | +€727 | +16.1% |
| Taxes | 450/3 | €4,521 | €5,248 | +€727 | +16.1% |
| Other amounts payable | 47/48 | €479 | €0 | -€479 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,645 | €42,139 | +€494 | +1.2% |
| Other operating charges | 640/8 | €2,589 | €1,122 | -€1,467 | -56.7% |
| Gross operating margin | 9900 | €58,096 | €30,615 | -€27,482 | -47.3% |
| Operating profit (loss) | 9901 | €13,863 | -€12,646 | -€26,508 | |
| Financial income | 75/76B | €0 | €4 | +€4 | +41,600% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +41,600% |
| Financial charges | 65/66B | €1,840 | €1,347 | -€493 | -26.8% |
| Recurring financial charges | 65 | €1,840 | €1,347 | -€493 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €12,023 | -€13,988 | -€26,011 | |
| Income taxes | 67/77 | €3,993 | €209 | -€3,784 | -94.8% |
| Profit (loss) for the period | 9904 | €8,029 | -€14,198 | -€22,227 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,029 | -€14,198 | -€22,227 |
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 27 October 2026 via checked.be.