Henning Consulting: what changed
What changed
Henning Consulting
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€42,434
2024 · €350,064-€307,630
Equity
€683,294
2024 · €640,860+€42,434
Cash
€44,321
2024 · €65,820-€21,499
Balance sheet total
€1.7m
2024 · €1.7m-€29,443
Largest movements
Assets
- Cash -€21,499
down €21,499 (-32.7%), from €65,820 to €44,321
mainly Debts after one year (-€156,315) and Current portion of long-term debt (-€14,870)
Equity and liabilities
- Debts after one year -€156,315
down €156,315 (-23.6%), from €662,551 to €506,236
- Other debts +€76,524
up €76,524 (+30.2%), from €253,665 to €330,189
- Reserves +€42,434
up €42,434 (+6.8%), from €622,260 to €664,694
of which Distributable reserves: +€43,474
- Trade debts +€19,293
up €19,293 (+251%), from €7,699 to €26,992
Income statement
- Financial income -€299,818
down €299,818 (-100.0%), from €299,818 to €0
- Gross operating margin -€48,249
down €48,249 (-31.1%), from €155,092 to €106,843
- Taxes -€35,877
down €35,877 (-61.7%), from €58,117 to €22,240
- Financial charges -€6,082
down €6,082 (-22.3%), from €27,235 to €21,153
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.
Result 2024
€350,064
Gross operating margin
-€48,249
Depreciation
-€1,164
Other operating charges
-€358
Financial income
-€299,818
Financial charges
+€6,082
Taxes
+€35,877
Result 2025
€42,434
raises the resultlowers the result
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.
From operations
+€154,713
Investment
-€5,028
Financing
-€171,184
Cash 2024
€65,820
From operations (derived)
+€154,713
Net result for the year
+€42,434
Depreciation
+€18,308
Receivables within one year
-€4,925
Deferred charges and accrued income
-€411
Trade debts
+€19,293
Tax, wage and social debts
+€3,490
Other debts
+€76,524
Investment (derived)
-€5,028
Investment in fixed assets (net)
-€5,028
Financing
-€171,184
Debts after one year
-€156,315
Current portion of long-term debt
-€14,870
Cash 2025
€44,321
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,697,355 | €1,667,912 | -€29,443 | -1.7% |
| Fixed assets | 21/28 | €1,605,167 | €1,591,887 | -€13,280 | -0.8% |
| Tangible fixed assets | 22/27 | €53,167 | €39,887 | -€13,280 | -25.0% |
| Plant, machinery and equipment | 23 | €3,114 | €1,769 | -€1,344 | -43.2% |
| Furniture and vehicles | 24 | €50,054 | €38,117 | -€11,936 | -23.8% |
| Financial fixed assets | 28 | €1,552,000 | €1,552,000 | = | 0.0% |
| Current assets | 29/58 | €92,188 | €76,025 | -€16,163 | -17.5% |
| Amounts receivable within one year | 40/41 | €26,146 | €31,071 | +€4,925 | +18.8% |
| Trade receivables | 40 | €25,486 | €30,000 | +€4,514 | +17.7% |
| Other amounts receivable | 41 | €660 | €1,071 | +€411 | +62.3% |
| Cash at bank and in hand | 54/58 | €65,820 | €44,321 | -€21,499 | -32.7% |
| Deferred charges and accrued income | 490/1 | €222 | €633 | +€411 | +185% |
| Total equity and liabilities | 10/49 | €1,697,355 | €1,667,912 | -€29,443 | -1.7% |
| Equity | 10/15 | €640,860 | €683,294 | +€42,434 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €622,260 | €664,694 | +€42,434 | +6.8% |
| Tax-exempt reserves | 132 | €1,041 | - | -€1,041 | |
| Distributable reserves | 133 | €621,220 | €664,694 | +€43,474 | +7.0% |
| Amounts payable | 17/49 | €1,056,495 | €984,618 | -€71,877 | -6.8% |
| Amounts payable after more than one year | 17 | €662,551 | €506,236 | -€156,315 | -23.6% |
| Financial debts | 170/4 | €662,551 | €506,236 | -€156,315 | -23.6% |
| Amounts payable within one year | 42/48 | €393,945 | €478,382 | +€84,438 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €102,463 | €87,594 | -€14,870 | -14.5% |
| Trade debts | 44 | €7,699 | €26,992 | +€19,293 | +251% |
| Suppliers | 440/4 | €7,699 | €26,992 | +€19,293 | +251% |
| Taxes, remuneration and social security | 45 | €30,117 | €33,607 | +€3,490 | +11.6% |
| Taxes | 450/3 | €30,117 | €33,607 | +€3,490 | +11.6% |
| Other amounts payable | 47/48 | €253,665 | €330,189 | +€76,524 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,144 | €18,308 | +€1,164 | +6.8% |
| Other operating charges | 640/8 | €2,350 | €2,708 | +€358 | +15.2% |
| Gross operating margin | 9900 | €155,092 | €106,843 | -€48,249 | -31.1% |
| Operating profit (loss) | 9901 | €135,598 | €85,827 | -€49,771 | -36.7% |
| Financial income | 75/76B | €299,818 | €0 | -€299,818 | -100.0% |
| Recurring financial income | 75 | €299,818 | €0 | -€299,818 | -100.0% |
| Financial charges | 65/66B | €27,235 | €21,153 | -€6,082 | -22.3% |
| Recurring financial charges | 65 | €27,235 | €21,153 | -€6,082 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €408,181 | €64,674 | -€343,507 | -84.2% |
| Income taxes | 67/77 | €58,117 | €22,240 | -€35,877 | -61.7% |
| Profit (loss) for the period | 9904 | €350,064 | €42,434 | -€307,630 | -87.9% |
| Transfer from tax-exempt reserves | 789 | - | €1,041 | +€1,041 | |
| Profit (loss) for the period to be appropriated | 9905 | €350,064 | €43,474 | -€306,589 | -87.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.