HERACLES 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.
HERACLES CONSULTING
Largest movements
- Cash +€5,995
up €5,995 (+21.3%), from €28,111 to €34,105
mainly Net result for the year (+€22,241) and Trade debts (+€5,215)
- Receivables within one year -€3,451
down €3,451 (-12.4%), from €27,778 to €24,326
- Deferred charges and accrued income +€667
up €667 (+139%), from €480 to €1,147
- Debts after one year -€11,000
down €11,000 (-37.9%), from €29,000 to €18,000
- Profit (loss) carried forward +€10,242
up €10,242 (+73.4%), from €13,962 to €24,204
- Trade debts +€5,215
up €5,215 (+956%), from €545 to €5,760
- Current portion of long-term debt -€1,771
down €1,771 (-100%), from €1,771 to €0
- Other debts +€1,249
up €1,249 (+71.6%), from €1,743 to €2,992
- Gross operating margin +€6,134
up €6,134 (+21.5%), from €28,586 to €34,720
- Taxes +€5,479
up €5,479 (+86.4%), from €6,341 to €11,820
- Depreciation -€1,436
down €1,436 (-100%), from €1,436 to €0
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 | €56,368 | €59,579 | +€3,210 | +5.7% |
| Current assets | 29/58 | €56,368 | €59,579 | +€3,210 | +5.7% |
| Amounts receivable within one year | 40/41 | €27,778 | €24,326 | -€3,451 | -12.4% |
| Trade receivables | 40 | €27,778 | €24,326 | -€3,451 | -12.4% |
| Cash at bank and in hand | 54/58 | €28,111 | €34,105 | +€5,995 | +21.3% |
| Deferred charges and accrued income | 490/1 | €480 | €1,147 | +€667 | +139% |
| Total equity and liabilities | 10/49 | €56,368 | €59,579 | +€3,210 | +5.7% |
| Equity | 10/15 | €20,562 | €30,804 | +€10,242 | +49.8% |
| Contributions | 10/11 | €6,600 | €6,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,962 | €24,204 | +€10,242 | +73.4% |
| Amounts payable | 17/49 | €35,806 | €28,775 | -€7,031 | -19.6% |
| Amounts payable after more than one year | 17 | €29,000 | €18,000 | -€11,000 | -37.9% |
| Financial debts | 170/4 | €29,000 | €18,000 | -€11,000 | -37.9% |
| Amounts payable within one year | 42/48 | €6,806 | €10,775 | +€3,969 | +58.3% |
| Current portion of amounts payable after more than one year | 42 | €1,771 | €0 | -€1,771 | -100% |
| Financial debts | 43 | €359 | - | -€359 | |
| Credit institutions | 430/8 | €359 | - | -€359 | |
| Trade debts | 44 | €545 | €5,760 | +€5,215 | +956% |
| Suppliers | 440/4 | €545 | €5,760 | +€5,215 | +956% |
| Taxes, remuneration and social security | 45 | €2,387 | €2,023 | -€365 | -15.3% |
| Taxes | 450/3 | €2,387 | €2,023 | -€365 | -15.3% |
| Other amounts payable | 47/48 | €1,743 | €2,992 | +€1,249 | +71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,436 | €0 | -€1,436 | -100% |
| Other operating charges | 640/8 | €805 | €749 | -€56 | -7.0% |
| Gross operating margin | 9900 | €28,586 | €34,720 | +€6,134 | +21.5% |
| Operating profit (loss) | 9901 | €26,345 | €33,971 | +€7,626 | +28.9% |
| Financial income | 75/76B | €193 | €174 | -€19 | -9.9% |
| Recurring financial income | 75 | €193 | €174 | -€19 | -9.9% |
| Financial charges | 65/66B | €279 | €83 | -€196 | -70.2% |
| Recurring financial charges | 65 | €279 | €83 | -€196 | -70.2% |
| Profit (loss) for the period before taxes | 9903 | €26,259 | €34,061 | +€7,802 | +29.7% |
| Income taxes | 67/77 | €6,341 | €11,820 | +€5,479 | +86.4% |
| Profit (loss) for the period | 9904 | €19,918 | €22,241 | +€2,323 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,918 | €22,241 | +€2,323 | +11.7% |
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 14 October 2026 via checked.be.