HCM CLOUD CONSULT: 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.
HCM CLOUD CONSULT
Largest movements
- Cash -€34,251
down €34,251 (-52.4%), from €65,351 to €31,100
mainly Receivables within one year (-€26,138) and Current investments (-€25,000)
- Receivables within one year +€26,138
up €26,138 (+40.5%), from €64,531 to €90,670
of which Trade receivables: +€25,313
- Current investments +€25,000
up €25,000 (+33.3%), from €75,000 to €100,000
- Tangible fixed assets -€7,268
down €7,268 (-15.3%), from €47,630 to €40,362
of which Furniture and vehicles: -€8,218
- Reserves +€12,300
up €12,300 (+5.9%), from €208,799 to €221,099
- Financial income -€28,867
down €28,867 (-65.6%), from €44,009 to €15,143
of which Financial income: -€42,276
- Gross operating margin -€12,435
down €12,435 (-20.0%), from €62,045 to €49,610
- Taxes -€2,481
down €2,481 (-14.9%), from €16,683 to €14,201
- Depreciation +€1,576
up €1,576 (+12.9%), from €12,192 to €13,768
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 | €255,939 | €265,562 | +€9,622 | +3.8% |
| Fixed assets | 21/28 | €47,690 | €40,422 | -€7,268 | -15.2% |
| Tangible fixed assets | 22/27 | €47,630 | €40,362 | -€7,268 | -15.3% |
| Plant, machinery and equipment | 23 | €1,012 | €2,360 | +€1,348 | +133.3% |
| Furniture and vehicles | 24 | €42,968 | €34,750 | -€8,218 | -19.1% |
| Other tangible fixed assets | 26 | €3,651 | €3,252 | -€399 | -10.9% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €208,249 | €225,139 | +€16,890 | +8.1% |
| Amounts receivable within one year | 40/41 | €64,531 | €90,670 | +€26,138 | +40.5% |
| Trade receivables | 40 | €52,361 | €77,674 | +€25,313 | +48.3% |
| Other amounts receivable | 41 | €12,171 | €12,996 | +€826 | +6.8% |
| Current investments | 50/53 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €65,351 | €31,100 | -€34,251 | -52.4% |
| Deferred charges and accrued income | 490/1 | €3,367 | €3,370 | +€3 | +0.1% |
| Total equity and liabilities | 10/49 | €255,939 | €265,562 | +€9,622 | +3.8% |
| Equity | 10/15 | €227,399 | €239,699 | +€12,300 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €208,799 | €221,099 | +€12,300 | +5.9% |
| Distributable reserves | 133 | €208,799 | €221,099 | +€12,300 | +5.9% |
| Amounts payable | 17/49 | €28,540 | €25,862 | -€2,678 | -9.4% |
| Amounts payable within one year | 42/48 | €26,878 | €24,862 | -€2,016 | -7.5% |
| Trade debts | 44 | €1,878 | €994 | -€884 | -47.1% |
| Suppliers | 440/4 | €1,878 | €994 | -€884 | -47.1% |
| Taxes, remuneration and social security | 45 | €3,750 | €1,193 | -€2,557 | -68.2% |
| Taxes | 450/3 | €3,750 | €1,193 | -€2,557 | -68.2% |
| Other amounts payable | 47/48 | €21,250 | €22,674 | +€1,424 | +6.7% |
| Accrued charges and deferred income | 492/3 | €1,662 | €1,000 | -€662 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,192 | €13,768 | +€1,576 | +12.9% |
| Other operating charges | 640/8 | €118 | €163 | +€45 | +38.3% |
| Non-recurring operating charges | 66A | - | €165 | +€165 | |
| Gross operating margin | 9900 | €62,045 | €49,610 | -€12,435 | -20.0% |
| Operating profit (loss) | 9901 | €49,736 | €35,514 | -€14,221 | -28.6% |
| Financial income | 75/76B | €44,009 | €15,143 | -€28,867 | -65.6% |
| Recurring financial income | 75 | €44,009 | €1,733 | -€42,276 | -96.1% |
| Non-recurring financial income | 76B | - | €13,409 | +€13,409 | |
| Financial charges | 65/66B | €302 | €287 | -€15 | -4.8% |
| Recurring financial charges | 65 | €302 | €287 | -€15 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €93,443 | €50,370 | -€43,073 | -46.1% |
| Income taxes | 67/77 | €16,683 | €14,201 | -€2,481 | -14.9% |
| Profit (loss) for the period | 9904 | €76,760 | €36,168 | -€40,592 | -52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €76,760 | €36,168 | -€40,592 | -52.9% |
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 10 October 2026 via checked.be.