HESKETH Consult: 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.
HESKETH Consult
Largest movements
- Tangible fixed assets -€19,336
down €19,336 (-7.9%), from €244,945 to €225,610
of which Land and buildings: -€18,451
- Cash +€7,625
up €7,625 (+21.4%), from €35,654 to €43,279
mainly Depreciation (+€19,336) and Trade debts (+€147)
- Debts after one year -€7,122
down €7,122 (-6.8%), from €104,372 to €97,250
- Depreciation -€1,323
down €1,323 (-6.4%), from €20,658 to €19,336
- Gross operating margin +€990
up €990 (+4.9%), from €20,262 to €21,252
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 | €296,388 | €287,808 | -€8,580 | -2.9% |
| Fixed assets | 21/28 | €244,945 | €225,610 | -€19,336 | -7.9% |
| Tangible fixed assets | 22/27 | €244,945 | €225,610 | -€19,336 | -7.9% |
| Land and buildings | 22 | €240,772 | €222,321 | -€18,451 | -7.7% |
| Furniture and vehicles | 24 | €4,173 | €3,289 | -€885 | -21.2% |
| Current assets | 29/58 | €51,443 | €62,198 | +€10,756 | +20.9% |
| Amounts receivable within one year | 40/41 | €15,788 | €17,926 | +€2,138 | +13.5% |
| Trade receivables | 40 | €1,000 | €1,000 | = | 0.0% |
| Other amounts receivable | 41 | €14,788 | €16,926 | +€2,138 | +14.5% |
| Cash at bank and in hand | 54/58 | €35,654 | €43,279 | +€7,625 | +21.4% |
| Deferred charges and accrued income | 490/1 | - | €993 | +€993 | |
| Total equity and liabilities | 10/49 | €296,388 | €287,808 | -€8,580 | -2.9% |
| Equity | 10/15 | €184,823 | €183,080 | -€1,743 | -0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,763 | €175,020 | -€1,743 | -1.0% |
| Amounts payable | 17/49 | €111,565 | €104,728 | -€6,837 | -6.1% |
| Amounts payable after more than one year | 17 | €104,372 | €97,250 | -€7,122 | -6.8% |
| Financial debts | 170/4 | €104,372 | €97,250 | -€7,122 | -6.8% |
| Amounts payable within one year | 42/48 | €7,193 | €7,478 | +€285 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €6,984 | €7,122 | +€138 | +2.0% |
| Trade debts | 44 | €209 | €356 | +€147 | +70.4% |
| Suppliers | 440/4 | €209 | €356 | +€147 | +70.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,658 | €19,336 | -€1,323 | -6.4% |
| Other operating charges | 640/8 | €2,119 | €2,250 | +€131 | +6.2% |
| Gross operating margin | 9900 | €20,262 | €21,252 | +€990 | +4.9% |
| Operating profit (loss) | 9901 | -€2,516 | -€334 | +€2,182 | +86.7% |
| Financial income | 75/76B | €742 | €810 | +€68 | +9.2% |
| Recurring financial income | 75 | €742 | €810 | +€68 | +9.2% |
| Financial charges | 65/66B | €2,354 | €2,219 | -€135 | -5.7% |
| Recurring financial charges | 65 | €2,354 | €2,219 | -€135 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,129 | -€1,743 | +€2,385 | +57.8% |
| Profit (loss) for the period | 9904 | -€4,129 | -€1,743 | +€2,385 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,129 | -€1,743 | +€2,385 | +57.8% |
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 15 October 2026 via checked.be.