HDA 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.
HDA Consulting
Largest movements
- Tangible fixed assets +€44,532
up €44,532 (+1,162%), from €3,832 to €48,364
of which Plant, machinery and equipment: +€40,463
- Receivables within one year +€14,228
up €14,228 (+90.8%), from €15,674 to €29,902
of which Trade receivables: +€16,055
- Cash +€12,611
up €12,611 (+927%), from €1,361 to €13,972
mainly Other debts (+€35,764) and Debts after one year (+€21,391)
- Deferred charges and accrued income -€2,710
down €2,710 (-25.1%), from €10,818 to €8,107
- Other debts +€35,764
new in 2025: €35,764
- Debts after one year +€21,391
new in 2025: €21,391
- Current portion of long-term debt +€11,301
new in 2025: €11,301
- Profit (loss) carried forward -€4,746
down €4,746 (-33.2%), from €14,300 to €9,555
- Trade debts +€4,064
up €4,064 (+137%), from €2,968 to €7,031
- Gross operating margin -€9,708
down €9,708 (-60.3%), from €16,112 to €6,404
- Other operating charges +€4,760
up €4,760 (+1,238%), from €384 to €5,144
- Taxes -€3,653
down €3,653 (-83.4%), from €4,377 to €725
- Financial charges +€2,234
up €2,234 (+260%), from €859 to €3,093
- Depreciation +€1,831
up €1,831 (+514%), from €356 to €2,187
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 | €31,684 | €100,346 | +€68,661 | +217% |
| Fixed assets | 21/28 | €3,832 | €48,364 | +€44,532 | +1,162% |
| Tangible fixed assets | 22/27 | €3,832 | €48,364 | +€44,532 | +1,162% |
| Plant, machinery and equipment | 23 | - | €40,463 | +€40,463 | |
| Furniture and vehicles | 24 | €2,380 | €6,449 | +€4,069 | +171% |
| Other tangible fixed assets | 26 | €1,452 | €1,452 | = | 0.0% |
| Current assets | 29/58 | €27,852 | €51,982 | +€24,130 | +86.6% |
| Amounts receivable within one year | 40/41 | €15,674 | €29,902 | +€14,228 | +90.8% |
| Trade receivables | 40 | €13,847 | €29,902 | +€16,055 | +116% |
| Other amounts receivable | 41 | €1,827 | - | -€1,827 | |
| Cash at bank and in hand | 54/58 | €1,361 | €13,972 | +€12,611 | +927% |
| Deferred charges and accrued income | 490/1 | €10,818 | €8,107 | -€2,710 | -25.1% |
| Total equity and liabilities | 10/49 | €31,684 | €100,346 | +€68,661 | +217% |
| Equity | 10/15 | €19,300 | €14,555 | -€4,746 | -24.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,300 | €9,555 | -€4,746 | -33.2% |
| Amounts payable | 17/49 | €12,384 | €85,791 | +€73,407 | +593% |
| Amounts payable after more than one year | 17 | - | €21,391 | +€21,391 | |
| Financial debts | 170/4 | - | €21,391 | +€21,391 | |
| Amounts payable within one year | 42/48 | €12,384 | €64,401 | +€52,016 | +420% |
| Current portion of amounts payable after more than one year | 42 | - | €11,301 | +€11,301 | |
| Trade debts | 44 | €2,968 | €7,031 | +€4,064 | +137% |
| Suppliers | 440/4 | €2,968 | €7,031 | +€4,064 | +137% |
| Taxes, remuneration and social security | 45 | €9,417 | €10,304 | +€887 | +9.4% |
| Taxes | 450/3 | €9,417 | €10,304 | +€887 | +9.4% |
| Other amounts payable | 47/48 | - | €35,764 | +€35,764 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €356 | €2,187 | +€1,831 | +514% |
| Other operating charges | 640/8 | €384 | €5,144 | +€4,760 | +1,238% |
| Gross operating margin | 9900 | €16,112 | €6,404 | -€9,708 | -60.3% |
| Operating profit (loss) | 9901 | €15,371 | -€928 | -€16,299 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €859 | €3,093 | +€2,234 | +260% |
| Recurring financial charges | 65 | €859 | €3,093 | +€2,234 | +260% |
| Profit (loss) for the period before taxes | 9903 | €14,512 | -€4,021 | -€18,533 | |
| Income taxes | 67/77 | €4,377 | €725 | -€3,653 | -83.4% |
| Profit (loss) for the period | 9904 | €10,135 | -€4,746 | -€14,881 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,135 | -€4,746 | -€14,881 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.