HEDIC Consult: 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.
HEDIC Consult
Largest movements
- Receivables within one year +€91,031
up €91,031 (+73.9%), from €123,225 to €214,256
of which Other amounts receivable: +€99,624
- Cash +€17,075
up €17,075 (+19.2%), from €89,133 to €106,208
mainly Net result for the year (+€105,044) and Depreciation (+€11,861)
- Tangible fixed assets -€7,913
down €7,913 (-26.3%), from €30,124 to €22,211
- Reserves +€105,044
up €105,044 (+64.0%), from €164,200 to €269,244
- Tax, wage and social debts -€6,673
down €6,673 (-10.5%), from €63,824 to €57,151
of which Taxes: -€6,969
- Depreciation +€7,968
up €7,968 (+205%), from €3,893 to €11,861
- Financial income +€4,630
up €4,630 (+204%), from €2,274 to €6,904
- Gross operating margin -€3,314
down €3,314 (-2.2%), from €151,822 to €148,508
- Other operating charges +€1,994
up €1,994 (+147%), from €1,360 to €3,354
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 | €246,969 | €344,986 | +€98,018 | +39.7% |
| Fixed assets | 21/28 | €30,124 | €22,211 | -€7,913 | -26.3% |
| Tangible fixed assets | 22/27 | €30,124 | €22,211 | -€7,913 | -26.3% |
| Furniture and vehicles | 24 | €30,124 | €22,211 | -€7,913 | -26.3% |
| Current assets | 29/58 | €216,844 | €322,775 | +€105,931 | +48.9% |
| Amounts receivable within one year | 40/41 | €123,225 | €214,256 | +€91,031 | +73.9% |
| Trade receivables | 40 | €55,643 | €47,051 | -€8,592 | -15.4% |
| Other amounts receivable | 41 | €67,582 | €167,205 | +€99,624 | +147% |
| Cash at bank and in hand | 54/58 | €89,133 | €106,208 | +€17,075 | +19.2% |
| Deferred charges and accrued income | 490/1 | €4,487 | €2,312 | -€2,175 | -48.5% |
| Total equity and liabilities | 10/49 | €246,969 | €344,986 | +€98,018 | +39.7% |
| Equity | 10/15 | €169,529 | €274,573 | +€105,044 | +62.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €164,200 | €269,244 | +€105,044 | +64.0% |
| Distributable reserves | 133 | €164,200 | €269,244 | +€105,044 | +64.0% |
| Profit (loss) carried forward | 14 | €329 | €329 | = | 0.0% |
| Amounts payable | 17/49 | €77,440 | €70,414 | -€7,026 | -9.1% |
| Amounts payable within one year | 42/48 | €77,440 | €70,414 | -€7,026 | -9.1% |
| Financial debts | 43 | - | €941 | +€941 | |
| Credit institutions | 430/8 | - | €941 | +€941 | |
| Trade debts | 44 | €13,616 | €12,321 | -€1,295 | -9.5% |
| Suppliers | 440/4 | €13,616 | €12,321 | -€1,295 | -9.5% |
| Taxes, remuneration and social security | 45 | €63,824 | €57,151 | -€6,673 | -10.5% |
| Taxes | 450/3 | €59,653 | €52,684 | -€6,969 | -11.7% |
| Remuneration and social security | 454/9 | €4,171 | €4,468 | +€297 | +7.1% |
| Non-recurring operating income | 76A | €345 | €0 | -€345 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,893 | €11,861 | +€7,968 | +205% |
| Other operating charges | 640/8 | €1,360 | €3,354 | +€1,994 | +147% |
| Non-recurring operating charges | 66A | - | €103 | +€103 | |
| Gross operating margin | 9900 | €151,822 | €148,508 | -€3,314 | -2.2% |
| Operating profit (loss) | 9901 | €146,568 | €133,190 | -€13,378 | -9.1% |
| Financial income | 75/76B | €2,274 | €6,904 | +€4,630 | +204% |
| Recurring financial income | 75 | €2,274 | €6,904 | +€4,630 | +204% |
| Financial charges | 65/66B | €757 | €522 | -€235 | -31.0% |
| Recurring financial charges | 65 | €757 | €522 | -€235 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €148,085 | €139,572 | -€8,513 | -5.7% |
| Income taxes | 67/77 | €34,884 | €34,528 | -€356 | -1.0% |
| Profit (loss) for the period | 9904 | €113,201 | €105,044 | -€8,157 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €113,201 | €105,044 | -€8,157 | -7.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.