HESODE CONSULTING: what changed
Two fiscal 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.
HESODE CONSULTING
Largest movements
- Cash +€27,286
up €27,286 (+58.4%), from €46,739 to €74,025
mainly Net result for the year (+€36,798) and Receivables within one year (+€22,720)
- Current investments +€25,460
new in 2025: €25,460
- Receivables within one year -€22,720
down €22,720 (-69.4%), from €32,720 to €10,000
of which Trade receivables: -€32,670
- Tangible fixed assets -€1,596
down €1,596 (-27.7%), from €5,770 to €4,174
of which Furniture and vehicles: -€1,259
- Profit (loss) carried forward +€36,798
up €36,798 (+74.9%), from €49,100 to €85,898
- Tax, wage and social debts -€5,873
down €5,873 (-20.3%), from €28,955 to €23,082
of which Taxes: -€5,873
- Trade debts -€1,953
down €1,953 (-54.7%), from €3,571 to €1,618
- Gross operating margin -€17,665
down €17,665 (-25.5%), from €69,250 to €51,585
- Taxes -€3,172
down €3,172 (-22.8%), from €13,936 to €10,764
- Other operating charges -€932
down €932 (-47.8%), from €1,952 to €1,019
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.
Cash bridge derived
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 | €85,671 | €114,124 | +€28,453 | +33.2% |
| Fixed assets | 21/28 | €5,770 | €4,174 | -€1,596 | -27.7% |
| Tangible fixed assets | 22/27 | €5,770 | €4,174 | -€1,596 | -27.7% |
| Plant, machinery and equipment | 23 | €1,330 | €993 | -€337 | -25.3% |
| Furniture and vehicles | 24 | €4,440 | €3,181 | -€1,259 | -28.4% |
| Current assets | 29/58 | €79,901 | €109,950 | +€30,049 | +37.6% |
| Amounts receivable within one year | 40/41 | €32,720 | €10,000 | -€22,720 | -69.4% |
| Trade receivables | 40 | €32,670 | - | -€32,670 | |
| Other amounts receivable | 41 | €50 | €10,000 | +€9,950 | +19952.1% |
| Current investments | 50/53 | - | €25,460 | +€25,460 | |
| Cash at bank and in hand | 54/58 | €46,739 | €74,025 | +€27,286 | +58.4% |
| Deferred charges and accrued income | 490/1 | €442 | €465 | +€23 | +5.1% |
| Total equity and liabilities | 10/49 | €85,671 | €114,124 | +€28,453 | +33.2% |
| Equity | 10/15 | €51,600 | €88,398 | +€36,798 | +71.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,100 | €85,898 | +€36,798 | +74.9% |
| Amounts payable | 17/49 | €34,071 | €25,726 | -€8,345 | -24.5% |
| Amounts payable within one year | 42/48 | €32,525 | €24,700 | -€7,825 | -24.1% |
| Trade debts | 44 | €3,571 | €1,618 | -€1,953 | -54.7% |
| Suppliers | 440/4 | €3,571 | €1,618 | -€1,953 | -54.7% |
| Taxes, remuneration and social security | 45 | €28,955 | €23,082 | -€5,873 | -20.3% |
| Taxes | 450/3 | €25,455 | €19,582 | -€5,873 | -23.1% |
| Remuneration and social security | 454/9 | €3,500 | €3,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,546 | €1,026 | -€520 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,066 | €1,596 | +€530 | +49.7% |
| Other operating charges | 640/8 | €1,952 | €1,019 | -€932 | -47.8% |
| Non-recurring operating charges | 66A | €711 | - | -€711 | |
| Gross operating margin | 9900 | €69,250 | €51,585 | -€17,665 | -25.5% |
| Operating profit (loss) | 9901 | €65,522 | €48,970 | -€16,552 | -25.3% |
| Financial income | 75/76B | €8 | €610 | +€603 | +7797.5% |
| Recurring financial income | 75 | €8 | €610 | +€603 | +7797.5% |
| Financial charges | 65/66B | €2,494 | €2,018 | -€476 | -19.1% |
| Recurring financial charges | 65 | €2,494 | €2,018 | -€476 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €63,036 | €47,562 | -€15,474 | -24.5% |
| Income taxes | 67/77 | €13,936 | €10,764 | -€3,172 | -22.8% |
| Profit (loss) for the period | 9904 | €49,100 | €36,798 | -€12,302 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,100 | €36,798 | -€12,302 | -25.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.