HD.FIN 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.
HD.FIN Consulting
Largest movements
- Tangible fixed assets +€44,952
up €44,952 (+219%), from €20,556 to €65,508
of which Other tangible fixed assets: +€42,051
- Receivables within one year -€19,176
down €19,176 (-38.2%), from €50,202 to €31,025
of which Other amounts receivable: -€12,747
- Other debts +€46,084
new in 2025: €46,084
- Profit (loss) carried forward -€18,311
down €18,311 (-12.6%), from €145,067 to €126,756
- Tax, wage and social debts -€4,388
down €4,388 (-100%), from €4,388 to €0
of which Taxes: -€2,200
- Financial charges +€20,591
up €20,591 (+34.9%), from €59,051 to €79,642
- Depreciation +€4,370
up €4,370 (+136%), from €3,214 to €7,584
- Other operating charges -€2,421
down €2,421 (-41.9%), from €5,775 to €3,354
- Gross operating margin +€2,357
up €2,357 (+3.4%), from €70,238 to €72,595
- Taxes -€1,802
down €1,802 (-84.7%), from €2,128 to €326
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 | €170,720 | €195,085 | +€24,365 | +14.3% |
| Fixed assets | 21/28 | €20,556 | €65,508 | +€44,952 | +219% |
| Tangible fixed assets | 22/27 | €20,556 | €65,508 | +€44,952 | +219% |
| Furniture and vehicles | 24 | €7,154 | €10,055 | +€2,901 | +40.5% |
| Other tangible fixed assets | 26 | €13,402 | €55,454 | +€42,051 | +314% |
| Current assets | 29/58 | €150,163 | €129,577 | -€20,587 | -13.7% |
| Amounts receivable within one year | 40/41 | €50,202 | €31,025 | -€19,176 | -38.2% |
| Trade receivables | 40 | €15,249 | €8,820 | -€6,429 | -42.2% |
| Other amounts receivable | 41 | €34,952 | €22,205 | -€12,747 | -36.5% |
| Cash at bank and in hand | 54/58 | €99,706 | €98,348 | -€1,358 | -1.4% |
| Deferred charges and accrued income | 490/1 | €255 | €203 | -€52 | -20.6% |
| Total equity and liabilities | 10/49 | €170,720 | €195,085 | +€24,365 | +14.3% |
| Equity | 10/15 | €165,527 | €147,216 | -€18,311 | -11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,067 | €126,756 | -€18,311 | -12.6% |
| Amounts payable | 17/49 | €5,193 | €47,869 | +€42,676 | +822% |
| Amounts payable within one year | 42/48 | €5,193 | €47,869 | +€42,676 | +822% |
| Trade debts | 44 | €805 | €1,786 | +€981 | +122% |
| Suppliers | 440/4 | €805 | €1,786 | +€981 | +122% |
| Taxes, remuneration and social security | 45 | €4,388 | €0 | -€4,388 | -100% |
| Taxes | 450/3 | €2,200 | €0 | -€2,200 | -100% |
| Remuneration and social security | 454/9 | €2,188 | €0 | -€2,188 | -100% |
| Other amounts payable | 47/48 | - | €46,084 | +€46,084 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,214 | €7,584 | +€4,370 | +136% |
| Other operating charges | 640/8 | €5,775 | €3,354 | -€2,421 | -41.9% |
| Gross operating margin | 9900 | €70,238 | €72,595 | +€2,357 | +3.4% |
| Operating profit (loss) | 9901 | €61,248 | €61,657 | +€409 | +0.7% |
| Financial income | 75/76B | €544 | €0 | -€544 | -100% |
| Recurring financial income | 75 | €544 | €0 | -€544 | -100% |
| Financial charges | 65/66B | €59,051 | €79,642 | +€20,591 | +34.9% |
| Recurring financial charges | 65 | €59,051 | €79,642 | +€20,591 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | €2,740 | -€17,985 | -€20,726 | |
| Income taxes | 67/77 | €2,128 | €326 | -€1,802 | -84.7% |
| Profit (loss) for the period | 9904 | €612 | -€18,311 | -€18,924 | |
| Profit (loss) for the period to be appropriated | 9905 | €612 | -€18,311 | -€18,924 |
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.