HCP 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.
HCP CONSULTING
Largest movements
- Cash +€15,842
up €15,842 (+59.5%), from €26,634 to €42,476
mainly Net result for the year (+€33,984) and Tax, wage and social debts (+€7,177)
- Current investments +€6,000
new in 2025: €6,000
- Receivables within one year +€3,197
up €3,197 (+18.1%), from €17,620 to €20,817
of which Trade receivables: +€1,623
- Deferred charges and accrued income +€1,463
up €1,463 (+182%), from €805 to €2,268
- Reserves +€33,984
up €33,984 (+102%), from €33,339 to €67,324
- Trade debts -€10,355
down €10,355 (-82.2%), from €12,600 to €2,245
- Tax, wage and social debts +€7,177
up €7,177 (+51.9%), from €13,821 to €20,997
- Debts after one year -€3,734
no longer reported in 2025 (was €3,734)
- Gross operating margin +€3,408
up €3,408 (+7.5%), from €45,332 to €48,741
- Depreciation +€2,647
up €2,647 (+243%), from €1,088 to €3,736
- Taxes +€912
up €912 (+9.7%), from €9,429 to €10,341
- Financial charges -€526
down €526 (-35.7%), from €1,473 to €947
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 | €69,820 | €96,301 | +€26,480 | +37.9% |
| Fixed assets | 21/28 | €24,761 | €24,739 | -€22 | -0.1% |
| Tangible fixed assets | 22/27 | €24,761 | €24,739 | -€22 | -0.1% |
| Plant, machinery and equipment | 23 | €785 | €585 | -€200 | -25.5% |
| Furniture and vehicles | 24 | €12,706 | €14,019 | +€1,313 | +10.3% |
| Other tangible fixed assets | 26 | €11,269 | €10,135 | -€1,135 | -10.1% |
| Current assets | 29/58 | €45,059 | €71,561 | +€26,502 | +58.8% |
| Amounts receivable within one year | 40/41 | €17,620 | €20,817 | +€3,197 | +18.1% |
| Trade receivables | 40 | €10,175 | €11,798 | +€1,623 | +16.0% |
| Other amounts receivable | 41 | €7,445 | €9,019 | +€1,574 | +21.1% |
| Current investments | 50/53 | - | €6,000 | +€6,000 | |
| Cash at bank and in hand | 54/58 | €26,634 | €42,476 | +€15,842 | +59.5% |
| Deferred charges and accrued income | 490/1 | €805 | €2,268 | +€1,463 | +182% |
| Total equity and liabilities | 10/49 | €69,820 | €96,301 | +€26,480 | +37.9% |
| Equity | 10/15 | €36,339 | €70,324 | +€33,984 | +93.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,339 | €67,324 | +€33,984 | +102% |
| Distributable reserves | 133 | €33,339 | €67,324 | +€33,984 | +102% |
| Amounts payable | 17/49 | €33,481 | €25,977 | -€7,504 | -22.4% |
| Amounts payable after more than one year | 17 | €3,734 | - | -€3,734 | |
| Financial debts | 170/4 | €3,734 | - | -€3,734 | |
| Amounts payable within one year | 42/48 | €29,747 | €25,977 | -€3,770 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €3,326 | €2,734 | -€592 | -17.8% |
| Trade debts | 44 | €12,600 | €2,245 | -€10,355 | -82.2% |
| Suppliers | 440/4 | €12,600 | €2,245 | -€10,355 | -82.2% |
| Taxes, remuneration and social security | 45 | €13,821 | €20,997 | +€7,177 | +51.9% |
| Taxes | 450/3 | €13,821 | €20,997 | +€7,177 | +51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,088 | €3,736 | +€2,647 | +243% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €45,332 | €48,741 | +€3,408 | +7.5% |
| Operating profit (loss) | 9901 | €44,182 | €44,943 | +€761 | +1.7% |
| Financial income | 75/76B | €59 | €329 | +€270 | +457% |
| Recurring financial income | 75 | €59 | €329 | +€270 | +457% |
| Financial charges | 65/66B | €1,473 | €947 | -€526 | -35.7% |
| Recurring financial charges | 65 | €1,473 | €947 | -€526 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €42,768 | €44,325 | +€1,557 | +3.6% |
| Income taxes | 67/77 | €9,429 | €10,341 | +€912 | +9.7% |
| Profit (loss) for the period | 9904 | €33,339 | €33,984 | +€645 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,339 | €33,984 | +€645 | +1.9% |
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 31 October 2026 via checked.be.