HeRo Intelligent Consulting: what changed
HeRo Intelligent Consulting
Largest movements
- Receivables within one year +€7,710
up €7,710 (+47.8%), from €16,113 to €23,823
of which Trade receivables: +€8,659
- Cash -€5,817
down €5,817 (-55.1%), from €10,556 to €4,739
mainly Contributions, distributions and other (-€62,000) and Receivables within one year (-€7,710)
- Tangible fixed assets -€597
no longer reported in 2025 (was €597)
- Deferred charges and accrued income -€520
down €520 (-67.1%), from €775 to €255
- Tax, wage and social debts +€3,753
new in 2025: €3,753
- Other debts -€2,300
down €2,300 (-9.2%), from €25,000 to €22,700
- Trade debts -€389
down €389 (-85.4%), from €456 to €66
- Gross operating margin -€18,569
down €18,569 (-19.0%), from €97,513 to €78,945
- Taxes -€2,993
down €2,993 (-15.6%), from €19,196 to €16,203
- Depreciation -€2,306
down €2,306 (-79.4%), from €2,903 to €597
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,041 | €28,817 | +€776 | +2.8% |
| Fixed assets | 21/28 | €597 | - | -€597 | |
| Tangible fixed assets | 22/27 | €597 | - | -€597 | |
| Furniture and vehicles | 24 | €597 | - | -€597 | |
| Current assets | 29/58 | €27,444 | €28,817 | +€1,373 | +5.0% |
| Amounts receivable within one year | 40/41 | €16,113 | €23,823 | +€7,710 | +47.8% |
| Trade receivables | 40 | €14,850 | €23,509 | +€8,659 | +58.3% |
| Other amounts receivable | 41 | €1,263 | €313 | -€949 | -75.2% |
| Cash at bank and in hand | 54/58 | €10,556 | €4,739 | -€5,817 | -55.1% |
| Deferred charges and accrued income | 490/1 | €775 | €255 | -€520 | -67.1% |
| Total equity and liabilities | 10/49 | €28,041 | €28,817 | +€776 | +2.8% |
| Equity | 10/15 | €2,585 | €2,298 | -€287 | -11.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €585 | €298 | -€287 | -49.1% |
| Amounts payable | 17/49 | €25,456 | €26,519 | +€1,063 | +4.2% |
| Amounts payable within one year | 42/48 | €25,456 | €26,519 | +€1,063 | +4.2% |
| Trade debts | 44 | €456 | €66 | -€389 | -85.4% |
| Suppliers | 440/4 | €456 | €66 | -€389 | -85.4% |
| Taxes, remuneration and social security | 45 | - | €3,753 | +€3,753 | |
| Taxes | 450/3 | - | €3,753 | +€3,753 | |
| Other amounts payable | 47/48 | €25,000 | €22,700 | -€2,300 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,903 | €597 | -€2,306 | -79.4% |
| Other operating charges | 640/8 | €334 | €368 | +€33 | +9.9% |
| Gross operating margin | 9900 | €97,513 | €78,945 | -€18,569 | -19.0% |
| Operating profit (loss) | 9901 | €94,276 | €77,980 | -€16,296 | -17.3% |
| Financial charges | 65/66B | €40 | €65 | +€25 | +62.6% |
| Recurring financial charges | 65 | €40 | €65 | +€25 | +62.6% |
| Profit (loss) for the period before taxes | 9903 | €94,236 | €77,915 | -€16,321 | -17.3% |
| Income taxes | 67/77 | €19,196 | €16,203 | -€2,993 | -15.6% |
| Profit (loss) for the period | 9904 | €75,040 | €61,713 | -€13,327 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,040 | €61,713 | -€13,327 | -17.8% |
Next steps
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 7 November 2026 via checked.be.