Hernalsteen 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.
Hernalsteen Consulting
Largest movements
- Cash +€75,046
up €75,046 (+1,971%), from €3,808 to €78,853
mainly Net result for the year (+€95,003) and Tax, wage and social debts (+€31,011)
- Receivables within one year +€11,064
up €11,064 (+151%), from €7,345 to €18,409
- Tangible fixed assets -€8,538
down €8,538 (-20.2%), from €42,176 to €33,638
- Formation expenses -€2,028
down €2,028 (-100%), from €2,028 to €0
- Reserves +€92,505
new in 2025: €92,505
- Trade debts -€44,805
down €44,805 (-96.1%), from €46,643 to €1,838
- Tax, wage and social debts +€31,011
up €31,011 (+873%), from €3,551 to €34,562
- Other debts -€5,596
down €5,596 (-90.8%), from €6,160 to €565
- Profit (loss) carried forward +€2,499
up €2,499, from -€2,499 to €0
- Gross operating margin +€132,708
up €132,708, from -€1,746 to €130,963
- Taxes +€25,398
new in 2025: €25,398
- Depreciation +€9,813
up €9,813 (+1,303%), from €753 to €10,566
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 | €55,356 | €130,970 | +€75,614 | +137% |
| Formation expenses | 20 | €2,028 | €0 | -€2,028 | -100% |
| Fixed assets | 21/28 | €42,176 | €33,638 | -€8,538 | -20.2% |
| Tangible fixed assets | 22/27 | €42,176 | €33,638 | -€8,538 | -20.2% |
| Furniture and vehicles | 24 | €42,176 | €33,638 | -€8,538 | -20.2% |
| Current assets | 29/58 | €11,152 | €97,332 | +€86,180 | +773% |
| Amounts receivable within one year | 40/41 | €7,345 | €18,409 | +€11,064 | +151% |
| Trade receivables | 40 | €7,345 | €18,409 | +€11,064 | +151% |
| Cash at bank and in hand | 54/58 | €3,808 | €78,853 | +€75,046 | +1,971% |
| Deferred charges and accrued income | 490/1 | - | €70 | +€70 | |
| Total equity and liabilities | 10/49 | €55,356 | €130,970 | +€75,614 | +137% |
| Equity | 10/15 | -€999 | €94,005 | +€95,003 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | - | €92,505 | +€92,505 | |
| Distributable reserves | 133 | - | €92,505 | +€92,505 | |
| Profit (loss) carried forward | 14 | -€2,499 | €0 | +€2,499 | |
| Amounts payable | 17/49 | €56,355 | €36,965 | -€19,390 | -34.4% |
| Amounts payable within one year | 42/48 | €56,355 | €36,965 | -€19,390 | -34.4% |
| Trade debts | 44 | €46,643 | €1,838 | -€44,805 | -96.1% |
| Suppliers | 440/4 | €46,643 | €1,838 | -€44,805 | -96.1% |
| Taxes, remuneration and social security | 45 | €3,551 | €34,562 | +€31,011 | +873% |
| Taxes | 450/3 | €3,551 | €34,562 | +€31,011 | +873% |
| Other amounts payable | 47/48 | €6,160 | €565 | -€5,596 | -90.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €753 | €10,566 | +€9,813 | +1,303% |
| Gross operating margin | 9900 | -€1,746 | €130,963 | +€132,708 | |
| Operating profit (loss) | 9901 | -€2,499 | €120,396 | +€122,895 | |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | - | €17 | +€17 | |
| Recurring financial charges | 65 | - | €17 | +€17 | |
| Profit (loss) for the period before taxes | 9903 | -€2,499 | €120,402 | +€122,900 | |
| Income taxes | 67/77 | - | €25,398 | +€25,398 | |
| Profit (loss) for the period | 9904 | -€2,499 | €95,003 | +€97,502 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,499 | €95,003 | +€97,502 |
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 16 October 2026 via checked.be.