HERA 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.
HERA CONSULTING
Largest movements
- Receivables within one year -€23,375
down €23,375 (-53.6%), from €43,595 to €20,220
of which Other amounts receivable: -€20,846
- Cash +€18,618
up €18,618 (+435.6%), from €4,274 to €22,892
mainly Receivables within one year (+€23,375) and Net result for the year (+€9,194)
- Tangible fixed assets +€9,556
up €9,556 (+225.3%), from €4,240 to €13,796
of which Plant, machinery and equipment: +€9,291
- Reserves +€9,194
up €9,194 (+32.1%), from €28,611 to €37,805
of which Distributable reserves: +€9,194
- Tax, wage and social debts -€2,896
down €2,896 (-22.1%), from €13,094 to €10,198
- Trade debts -€1,500
down €1,500 (-50.1%), from €2,994 to €1,494
- Gross operating margin +€3,729
up €3,729 (+27.0%), from €13,836 to €17,565
- Depreciation +€2,111
up €2,111 (+826.3%), from €256 to €2,367
- Taxes +€579
up €579 (+10.9%), from €5,310 to €5,888
- Financial charges -€427
down €427 (-79.8%), from €535 to €108
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 | €52,109 | €56,908 | +€4,799 | +9.2% |
| Fixed assets | 21/28 | €4,240 | €13,796 | +€9,556 | +225.3% |
| Tangible fixed assets | 22/27 | €4,240 | €13,796 | +€9,556 | +225.3% |
| Plant, machinery and equipment | 23 | - | €9,291 | +€9,291 | |
| Furniture and vehicles | 24 | €4,240 | €4,505 | +€265 | +6.2% |
| Current assets | 29/58 | €47,868 | €43,112 | -€4,757 | -9.9% |
| Amounts receivable within one year | 40/41 | €43,595 | €20,220 | -€23,375 | -53.6% |
| Trade receivables | 40 | €3,369 | €840 | -€2,529 | -75.1% |
| Other amounts receivable | 41 | €40,226 | €19,380 | -€20,846 | -51.8% |
| Cash at bank and in hand | 54/58 | €4,274 | €22,892 | +€18,618 | +435.6% |
| Total equity and liabilities | 10/49 | €52,109 | €56,908 | +€4,799 | +9.2% |
| Equity | 10/15 | €36,021 | €45,215 | +€9,194 | +25.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,611 | €37,805 | +€9,194 | +32.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,751 | €35,945 | +€9,194 | +34.4% |
| Profit (loss) carried forward | 14 | €1,210 | €1,210 | = | 0.0% |
| Amounts payable | 17/49 | €16,088 | €11,692 | -€4,395 | -27.3% |
| Amounts payable within one year | 42/48 | €16,088 | €11,692 | -€4,395 | -27.3% |
| Trade debts | 44 | €2,994 | €1,494 | -€1,500 | -50.1% |
| Suppliers | 440/4 | €2,994 | €1,494 | -€1,500 | -50.1% |
| Taxes, remuneration and social security | 45 | €13,094 | €10,198 | -€2,896 | -22.1% |
| Taxes | 450/3 | €13,094 | €10,198 | -€2,896 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256 | €2,367 | +€2,111 | +826.3% |
| Other operating charges | 640/8 | - | €8 | +€8 | |
| Gross operating margin | 9900 | €13,836 | €17,565 | +€3,729 | +27.0% |
| Operating profit (loss) | 9901 | €13,580 | €15,190 | +€1,610 | +11.9% |
| Financial charges | 65/66B | €535 | €108 | -€427 | -79.8% |
| Recurring financial charges | 65 | €535 | €108 | -€427 | -79.8% |
| Profit (loss) for the period before taxes | 9903 | €13,045 | €15,082 | +€2,037 | +15.6% |
| Income taxes | 67/77 | €5,310 | €5,888 | +€579 | +10.9% |
| Profit (loss) for the period | 9904 | €7,735 | €9,194 | +€1,459 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,735 | €9,194 | +€1,459 | +18.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.