HECA CONSULT: what changed
Two fiscal 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.
HECA CONSULT
Largest movements
- Current investments +€105,770
up €105,770 (+18.1%), from €583,334 to €689,104
- Cash +€61,407
up €61,407 (+90.9%), from €67,544 to €128,951
mainly Net result for the year (+€167,696) and Tax, wage and social debts (+€25,713)
- Receivables within one year -€24,245
down €24,245 (-44.5%), from €54,542 to €30,297
of which Other amounts receivable: -€27,768
- Tangible fixed assets -€11,190
down €11,190 (-55.1%), from €20,294 to €9,104
of which Furniture and vehicles: -€10,438
- Reserves +€93,795
up €93,795 (+13.5%), from €693,902 to €787,696
of which Distributable reserves: +€93,795
- Tax, wage and social debts +€25,713
up €25,713 (+102.5%), from €25,097 to €50,810
- Other debts +€8,818
up €8,818, from €0 to €8,818
- Gross operating margin +€15,089
up €15,089 (+6.9%), from €219,801 to €234,889
- Taxes +€3,873
up €3,873 (+5.7%), from €67,491 to €71,364
- Financial charges -€2,762
down €2,762 (-65.5%), from €4,218 to €1,457
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.
Cash bridge derived
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 | €727,225 | €858,764 | +€131,540 | +18.1% |
| Fixed assets | 21/28 | €20,344 | €9,154 | -€11,190 | -55.0% |
| Tangible fixed assets | 22/27 | €20,294 | €9,104 | -€11,190 | -55.1% |
| Furniture and vehicles | 24 | €11,000 | €562 | -€10,438 | -94.9% |
| Other tangible fixed assets | 26 | €9,295 | €8,543 | -€752 | -8.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €706,880 | €849,610 | +€142,730 | +20.2% |
| Amounts receivable within one year | 40/41 | €54,542 | €30,297 | -€24,245 | -44.5% |
| Trade receivables | 40 | €26,774 | €30,297 | +€3,523 | +13.2% |
| Other amounts receivable | 41 | €27,768 | €0 | -€27,768 | -100.0% |
| Current investments | 50/53 | €583,334 | €689,104 | +€105,770 | +18.1% |
| Cash at bank and in hand | 54/58 | €67,544 | €128,951 | +€61,407 | +90.9% |
| Deferred charges and accrued income | 490/1 | €1,461 | €1,258 | -€202 | -13.8% |
| Total equity and liabilities | 10/49 | €727,225 | €858,764 | +€131,540 | +18.1% |
| Equity | 10/15 | €700,102 | €793,896 | +€93,795 | +13.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €693,902 | €787,696 | +€93,795 | +13.5% |
| Non-distributable reserves | 130/1 | €7,553 | €7,553 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,553 | €7,553 | = | 0.0% |
| Distributable reserves | 133 | €686,349 | €780,144 | +€93,795 | +13.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,123 | €64,868 | +€37,745 | +139.2% |
| Amounts payable within one year | 42/48 | €26,736 | €63,943 | +€37,207 | +139.2% |
| Trade debts | 44 | €1,638 | €3,347 | +€1,709 | +104.3% |
| Suppliers | 440/4 | €1,638 | €3,347 | +€1,709 | +104.3% |
| Advances received on contracts in progress | 46 | - | €968 | +€968 | |
| Taxes, remuneration and social security | 45 | €25,097 | €50,810 | +€25,713 | +102.5% |
| Taxes | 450/3 | €25,097 | €50,810 | +€25,713 | +102.5% |
| Other amounts payable | 47/48 | €0 | €8,818 | +€8,818 | |
| Accrued charges and deferred income | 492/3 | €387 | €925 | +€538 | +138.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,438 | €11,199 | -€240 | -2.1% |
| Other operating charges | 640/8 | €1,067 | €1,115 | +€49 | +4.6% |
| Non-recurring operating charges | 66A | - | €468 | +€468 | |
| Gross operating margin | 9900 | €219,801 | €234,889 | +€15,089 | +6.9% |
| Operating profit (loss) | 9901 | €207,296 | €222,107 | +€14,811 | +7.1% |
| Financial income | 75/76B | €16,427 | €18,409 | +€1,982 | +12.1% |
| Recurring financial income | 75 | €16,427 | €18,409 | +€1,982 | +12.1% |
| Financial charges | 65/66B | €4,218 | €1,457 | -€2,762 | -65.5% |
| Recurring financial charges | 65 | €4,218 | €1,457 | -€2,762 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €219,505 | €239,059 | +€19,555 | +8.9% |
| Income taxes | 67/77 | €67,491 | €71,364 | +€3,873 | +5.7% |
| Profit (loss) for the period | 9904 | €152,014 | €167,696 | +€15,682 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €152,014 | €167,696 | +€15,682 | +10.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.