HERO 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.
HERO CONSULTING
Largest movements
- Cash +€43,763
up €43,763 (+80.6%), from €54,291 to €98,053
mainly Net result for the year (+€73,588) and Receivables within one year (+€27,995)
- Receivables within one year -€27,995
down €27,995 (-35.4%), from €79,025 to €51,030
of which Other amounts receivable: -€44,451
- Tangible fixed assets -€3,210
down €3,210 (-30.0%), from €10,698 to €7,488
of which Furniture and vehicles: -€2,963
- Accrued charges and deferred income +€24,169
up €24,169 (+3,021%), from €800 to €24,969
- Reserves -€13,014
down €13,014 (-32.3%), from €40,231 to €27,217
of which Tax-exempt reserves: -€40,231
- Other debts +€2,792
up €2,792 (+3.1%), from €90,005 to €92,797
- Gross operating margin -€5,814
down €5,814 (-5.6%), from €104,221 to €98,407
- Depreciation +€2,436
up €2,436 (+315%), from €773 to €3,210
- Taxes -€2,157
down €2,157 (-10.2%), from €21,251 to €19,093
- Other operating charges +€1,063
up €1,063 (+1,279%), from €83 to €1,146
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 | €145,801 | €157,742 | +€11,941 | +8.2% |
| Fixed assets | 21/28 | €10,848 | €7,638 | -€3,210 | -29.6% |
| Tangible fixed assets | 22/27 | €10,698 | €7,488 | -€3,210 | -30.0% |
| Furniture and vehicles | 24 | €8,252 | €5,289 | -€2,963 | -35.9% |
| Other tangible fixed assets | 26 | €2,446 | €2,199 | -€247 | -10.1% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €134,953 | €150,104 | +€15,151 | +11.2% |
| Amounts receivable within one year | 40/41 | €79,025 | €51,030 | -€27,995 | -35.4% |
| Trade receivables | 40 | €21,599 | €38,055 | +€16,456 | +76.2% |
| Other amounts receivable | 41 | €57,426 | €12,975 | -€44,451 | -77.4% |
| Cash at bank and in hand | 54/58 | €54,291 | €98,053 | +€43,763 | +80.6% |
| Deferred charges and accrued income | 490/1 | €1,638 | €1,021 | -€617 | -37.7% |
| Total equity and liabilities | 10/49 | €145,801 | €157,742 | +€11,941 | +8.2% |
| Equity | 10/15 | €41,731 | €28,717 | -€13,014 | -31.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €40,231 | €27,217 | -€13,014 | -32.3% |
| Tax-exempt reserves | 132 | €40,231 | - | -€40,231 | |
| Distributable reserves | 133 | - | €27,217 | +€27,217 | |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €104,070 | €129,025 | +€24,955 | +24.0% |
| Amounts payable within one year | 42/48 | €103,270 | €104,056 | +€786 | +0.8% |
| Trade debts | 44 | €2,616 | €2,068 | -€548 | -20.9% |
| Suppliers | 440/4 | €2,616 | €2,068 | -€548 | -20.9% |
| Taxes, remuneration and social security | 45 | €10,650 | €9,191 | -€1,459 | -13.7% |
| Taxes | 450/3 | €10,105 | €9,191 | -€914 | -9.0% |
| Remuneration and social security | 454/9 | €545 | €0 | -€545 | -100% |
| Other amounts payable | 47/48 | €90,005 | €92,797 | +€2,792 | +3.1% |
| Accrued charges and deferred income | 492/3 | €800 | €24,969 | +€24,169 | +3,021% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €773 | €3,210 | +€2,436 | +315% |
| Other operating charges | 640/8 | €83 | €1,146 | +€1,063 | +1,279% |
| Gross operating margin | 9900 | €104,221 | €98,407 | -€5,814 | -5.6% |
| Operating profit (loss) | 9901 | €103,364 | €94,051 | -€9,313 | -9.0% |
| Financial income | 75/76B | €409 | €233 | -€176 | -43.0% |
| Recurring financial income | 75 | €409 | €233 | -€176 | -43.0% |
| Financial charges | 65/66B | €742 | €1,602 | +€860 | +116% |
| Recurring financial charges | 65 | €742 | €1,602 | +€860 | +116% |
| Profit (loss) for the period before taxes | 9903 | €103,031 | €92,681 | -€10,349 | -10.0% |
| Income taxes | 67/77 | €21,251 | €19,093 | -€2,157 | -10.2% |
| Profit (loss) for the period | 9904 | €81,780 | €73,588 | -€8,192 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €81,780 | €73,588 | -€8,192 | -10.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.