HDO Consult: what changed
HDO Consult
Largest movements
- Tangible fixed assets +€52,890
new in 2025: €52,890
- Receivables within one year +€21,399
up €21,399 (+6,205%), from €345 to €21,744
- Cash +€9,337
up €9,337 (+233%), from €4,000 to €13,337
mainly Other debts (+€66,013) and Tax, wage and social debts (+€11,455)
- Deferred charges and accrued income +€2,506
new in 2025: €2,506
- Other debts +€66,013
up €66,013 (+1,650%), from €4,000 to €70,013
- Tax, wage and social debts +€11,455
new in 2025: €11,455
- Trade debts +€7,427
up €7,427 (+2,606%), from €285 to €7,712
- Profit (loss) carried forward +€1,237
up €1,237 (+63.8%), from -€1,941 to -€703
- Gross operating margin +€15,860
up €15,860, from -€1,941 to €13,920
- Depreciation +€9,651
new in 2025: €9,651
- Taxes +€2,032
new in 2025: €2,032
- Other operating charges +€938
new in 2025: €938
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,345 | €90,477 | +€86,132 | +1,983% |
| Fixed assets | 21/28 | - | €52,890 | +€52,890 | |
| Tangible fixed assets | 22/27 | - | €52,890 | +€52,890 | |
| Furniture and vehicles | 24 | - | €52,890 | +€52,890 | |
| Current assets | 29/58 | €4,345 | €37,586 | +€33,242 | +765% |
| Amounts receivable within one year | 40/41 | €345 | €21,744 | +€21,399 | +6,205% |
| Trade receivables | 40 | €345 | €21,744 | +€21,399 | +6,205% |
| Cash at bank and in hand | 54/58 | €4,000 | €13,337 | +€9,337 | +233% |
| Deferred charges and accrued income | 490/1 | - | €2,506 | +€2,506 | |
| Total equity and liabilities | 10/49 | €4,345 | €90,477 | +€86,132 | +1,983% |
| Equity | 10/15 | €60 | €1,297 | +€1,237 | +2,080% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,941 | -€703 | +€1,237 | +63.8% |
| Amounts payable | 17/49 | €4,285 | €89,180 | +€84,895 | +1,981% |
| Amounts payable within one year | 42/48 | €4,285 | €89,180 | +€84,895 | +1,981% |
| Trade debts | 44 | €285 | €7,712 | +€7,427 | +2,606% |
| Suppliers | 440/4 | €285 | €7,712 | +€7,427 | +2,606% |
| Taxes, remuneration and social security | 45 | - | €11,455 | +€11,455 | |
| Taxes | 450/3 | - | €11,455 | +€11,455 | |
| Other amounts payable | 47/48 | €4,000 | €70,013 | +€66,013 | +1,650% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,651 | +€9,651 | |
| Other operating charges | 640/8 | - | €938 | +€938 | |
| Gross operating margin | 9900 | -€1,941 | €13,920 | +€15,860 | |
| Operating profit (loss) | 9901 | -€1,941 | €3,330 | +€5,271 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | - | €63 | +€63 | |
| Recurring financial charges | 65 | - | €63 | +€63 | |
| Profit (loss) for the period before taxes | 9903 | -€1,941 | €3,269 | +€5,210 | |
| Income taxes | 67/77 | - | €2,032 | +€2,032 | |
| Profit (loss) for the period | 9904 | -€1,941 | €1,237 | +€3,178 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,941 | €1,237 | +€3,178 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.