HD-G 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-G Consulting
Largest movements
- Cash +€339,409
up €339,409 (+270%), from €125,811 to €465,220
mainly Current investments (+€150,000) and Net result for the year (+€148,157)
- Current investments -€150,000
down €150,000 (-100%), from €150,000 to €0
- Deferred charges and accrued income -€19,435
down €19,435 (-99.3%), from €19,563 to €128
- Tangible fixed assets -€14,641
down €14,641 (-41.1%), from €35,639 to €20,999
- Profit (loss) carried forward +€148,157
up €148,157 (+53.2%), from €278,256 to €426,413
- Tax, wage and social debts +€10,817
up €10,817 (+11.3%), from €95,575 to €106,392
- Gross operating margin -€23,883
down €23,883 (-10.5%), from €227,245 to €203,362
- Taxes -€5,124
down €5,124 (-10.5%), from €48,900 to €43,776
- Financial income +€2,299
up €2,299 (+166%), from €1,381 to €3,680
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 | €382,200 | €540,222 | +€158,022 | +41.3% |
| Fixed assets | 21/28 | €35,639 | €20,999 | -€14,641 | -41.1% |
| Tangible fixed assets | 22/27 | €35,639 | €20,999 | -€14,641 | -41.1% |
| Furniture and vehicles | 24 | €35,639 | €20,999 | -€14,641 | -41.1% |
| Current assets | 29/58 | €346,560 | €519,223 | +€172,663 | +49.8% |
| Amounts receivable within one year | 40/41 | €51,186 | €53,876 | +€2,689 | +5.3% |
| Trade receivables | 40 | €50,021 | €52,967 | +€2,946 | +5.9% |
| Other amounts receivable | 41 | €1,165 | €909 | -€257 | -22.0% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100% |
| Cash at bank and in hand | 54/58 | €125,811 | €465,220 | +€339,409 | +270% |
| Deferred charges and accrued income | 490/1 | €19,563 | €128 | -€19,435 | -99.3% |
| Total equity and liabilities | 10/49 | €382,200 | €540,222 | +€158,022 | +41.3% |
| Equity | 10/15 | €283,256 | €431,413 | +€148,157 | +52.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,256 | €426,413 | +€148,157 | +53.2% |
| Amounts payable | 17/49 | €98,943 | €108,809 | +€9,866 | +10.0% |
| Amounts payable within one year | 42/48 | €98,943 | €108,809 | +€9,866 | +10.0% |
| Trade debts | 44 | €3,369 | €2,417 | -€952 | -28.2% |
| Suppliers | 440/4 | €3,369 | €2,417 | -€952 | -28.2% |
| Taxes, remuneration and social security | 45 | €95,575 | €106,392 | +€10,817 | +11.3% |
| Taxes | 450/3 | €95,575 | €106,392 | +€10,817 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,641 | €14,641 | = | 0.0% |
| Other operating charges | 640/8 | €153 | €338 | +€185 | +121% |
| Gross operating margin | 9900 | €227,245 | €203,362 | -€23,883 | -10.5% |
| Operating profit (loss) | 9901 | €212,452 | €188,383 | -€24,068 | -11.3% |
| Financial income | 75/76B | €1,381 | €3,680 | +€2,299 | +166% |
| Recurring financial income | 75 | €1,381 | €3,680 | +€2,299 | +166% |
| Financial charges | 65/66B | €221 | €131 | -€89 | -40.4% |
| Recurring financial charges | 65 | €221 | €131 | -€89 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €213,613 | €191,932 | -€21,680 | -10.1% |
| Income taxes | 67/77 | €48,900 | €43,776 | -€5,124 | -10.5% |
| Profit (loss) for the period | 9904 | €164,713 | €148,157 | -€16,556 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €164,713 | €148,157 | -€16,556 | -10.1% |
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 22 October 2026 via checked.be.