HEx 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.
HEx CONSULTING
Largest movements
- Cash -€15,604
down €15,604 (-60.9%), from €25,624 to €10,020
mainly Other debts (-€10,035) and Receivables within one year (-€7,587)
- Receivables within one year +€7,587
up €7,587 (+11.4%), from €66,628 to €74,216
of which Trade receivables: +€7,169
- Tangible fixed assets -€6,340
down €6,340 (-59.8%), from €10,594 to €4,254
of which Furniture and vehicles: -€5,777
- Deferred charges and accrued income +€1,462
up €1,462 (+266%), from €549 to €2,010
- Other debts -€10,035
down €10,035 (-11.8%), from €85,268 to €75,232
- Tax, wage and social debts -€4,152
down €4,152 (-99.6%), from €4,168 to €17
- Trade debts +€1,208
up €1,208 (+326%), from €370 to €1,579
- Gross operating margin -€3,550
down €3,550 (-24.5%), from €14,473 to €10,923
- Depreciation -€1,117
down €1,117 (-15.0%), from €7,457 to €6,340
- Taxes -€416
down €416 (-14.7%), from €2,836 to €2,420
- Financial charges +€338
up €338 (+174%), from €194 to €532
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 | €104,066 | €91,172 | -€12,895 | -12.4% |
| Fixed assets | 21/28 | €11,266 | €4,925 | -€6,340 | -56.3% |
| Tangible fixed assets | 22/27 | €10,594 | €4,254 | -€6,340 | -59.8% |
| Land and buildings | 22 | €3,712 | €3,149 | -€563 | -15.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €6,882 | €1,105 | -€5,777 | -83.9% |
| Financial fixed assets | 28 | €671 | €671 | = | 0.0% |
| Current assets | 29/58 | €92,801 | €86,246 | -€6,554 | -7.1% |
| Amounts receivable within one year | 40/41 | €66,628 | €74,216 | +€7,587 | +11.4% |
| Trade receivables | 40 | €64,460 | €71,629 | +€7,169 | +11.1% |
| Other amounts receivable | 41 | €2,168 | €2,586 | +€418 | +19.3% |
| Cash at bank and in hand | 54/58 | €25,624 | €10,020 | -€15,604 | -60.9% |
| Deferred charges and accrued income | 490/1 | €549 | €2,010 | +€1,462 | +266% |
| Total equity and liabilities | 10/49 | €104,066 | €91,172 | -€12,895 | -12.4% |
| Equity | 10/15 | €14,260 | €14,260 | = | 0.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 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% |
| Amounts payable | 17/49 | €89,806 | €76,912 | -€12,895 | -14.4% |
| Amounts payable within one year | 42/48 | €89,806 | €76,828 | -€12,979 | -14.5% |
| Trade debts | 44 | €370 | €1,579 | +€1,208 | +326% |
| Suppliers | 440/4 | €370 | €1,579 | +€1,208 | +326% |
| Taxes, remuneration and social security | 45 | €4,168 | €17 | -€4,152 | -99.6% |
| Taxes | 450/3 | €4,168 | €17 | -€4,152 | -99.6% |
| Other amounts payable | 47/48 | €85,268 | €75,232 | -€10,035 | -11.8% |
| Accrued charges and deferred income | 492/3 | - | €84 | +€84 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,457 | €6,340 | -€1,117 | -15.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €14,473 | €10,923 | -€3,550 | -24.5% |
| Operating profit (loss) | 9901 | €6,628 | €4,183 | -€2,446 | -36.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €194 | €532 | +€338 | +174% |
| Recurring financial charges | 65 | €194 | €532 | +€338 | +174% |
| Profit (loss) for the period before taxes | 9903 | €6,434 | €3,651 | -€2,784 | -43.3% |
| Income taxes | 67/77 | €2,836 | €2,420 | -€416 | -14.7% |
| Profit (loss) for the period | 9904 | €3,598 | €1,231 | -€2,368 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,598 | €1,231 | -€2,368 | -65.8% |
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 14 October 2026 via checked.be.