HIETT CONSULTANCY SERVICES: 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.
HIETT CONSULTANCY SERVICES
Largest movements
- Current investments +€309,889
up €309,889 (+5,230%), from €5,925 to €315,814
- Cash -€235,106
down €235,106 (-46.8%), from €502,005 to €266,899
mainly Current investments (-€309,889) and Investment in fixed assets (net) (-€100,343)
- Tangible fixed assets +€71,909
up €71,909 (+31.8%), from €226,147 to €298,056
of which Land and buildings: +€41,448
- Receivables within one year +€46,078
up €46,078 (+50.1%), from €92,045 to €138,124
of which Other amounts receivable: +€68,341
- Reserves +€199,087
up €199,087 (+24.8%), from €801,315 to €1.0m
of which Distributable reserves: +€199,087
- Accrued charges and deferred income +€11,156
up €11,156 (+908%), from €1,228 to €12,385
- Gross operating margin -€50,187
down €50,187 (-13.5%), from €371,373 to €321,186
- Taxes -€17,607
down €17,607 (-15.6%), from €113,207 to €95,599
- Depreciation +€11,978
up €11,978 (+72.8%), from €16,457 to €28,434
- Financial income +€7,394
up €7,394 (+375%), from €1,972 to €9,366
- Other operating charges -€3,984
down €3,984 (-44.8%), from €8,889 to €4,904
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €848,799 | €1,041,916 | +€193,117 | +22.8% |
| Fixed assets | 21/28 | €226,347 | €298,256 | +€71,909 | +31.8% |
| Tangible fixed assets | 22/27 | €226,147 | €298,056 | +€71,909 | +31.8% |
| Land and buildings | 22 | €213,487 | €254,935 | +€41,448 | +19.4% |
| Furniture and vehicles | 24 | €12,660 | €43,121 | +€30,460 | +241% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €622,452 | €743,660 | +€121,209 | +19.5% |
| Amounts receivable within one year | 40/41 | €92,045 | €138,124 | +€46,078 | +50.1% |
| Trade receivables | 40 | €56,340 | €34,077 | -€22,263 | -39.5% |
| Other amounts receivable | 41 | €35,705 | €104,047 | +€68,341 | +191% |
| Current investments | 50/53 | €5,925 | €315,814 | +€309,889 | +5,230% |
| Cash at bank and in hand | 54/58 | €502,005 | €266,899 | -€235,106 | -46.8% |
| Deferred charges and accrued income | 490/1 | €22,476 | €22,823 | +€348 | +1.5% |
| Total equity and liabilities | 10/49 | €848,799 | €1,041,916 | +€193,117 | +22.8% |
| Equity | 10/15 | €807,515 | €1,006,602 | +€199,087 | +24.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €801,315 | €1,000,402 | +€199,087 | +24.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €801,315 | €1,000,402 | +€199,087 | +24.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €1,304 | €1,304 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,304 | €1,304 | = | 0.0% |
| Pensions and similar obligations | 160 | €1,304 | €1,304 | = | 0.0% |
| Amounts payable | 17/49 | €39,980 | €34,010 | -€5,970 | -14.9% |
| Amounts payable within one year | 42/48 | €38,751 | €21,625 | -€17,126 | -44.2% |
| Financial debts | 43 | €6,587 | €0 | -€6,587 | -100% |
| Credit institutions | 430/8 | €6,587 | €0 | -€6,587 | -100% |
| Trade debts | 44 | €7,439 | €6,013 | -€1,426 | -19.2% |
| Suppliers | 440/4 | €7,439 | €6,013 | -€1,426 | -19.2% |
| Taxes, remuneration and social security | 45 | €24,726 | €15,612 | -€9,114 | -36.9% |
| Taxes | 450/3 | €24,726 | €15,612 | -€9,114 | -36.9% |
| Accrued charges and deferred income | 492/3 | €1,228 | €12,385 | +€11,156 | +908% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,457 | €28,434 | +€11,978 | +72.8% |
| Other operating charges | 640/8 | €8,889 | €4,904 | -€3,984 | -44.8% |
| Non-recurring operating charges | 66A | €0 | €449 | +€449 | |
| Gross operating margin | 9900 | €371,373 | €321,186 | -€50,187 | -13.5% |
| Operating profit (loss) | 9901 | €346,028 | €287,398 | -€58,630 | -16.9% |
| Financial income | 75/76B | €1,972 | €9,366 | +€7,394 | +375% |
| Recurring financial income | 75 | €1,972 | €9,366 | +€7,394 | +375% |
| Financial charges | 65/66B | €489 | €2,077 | +€1,588 | +325% |
| Recurring financial charges | 65 | €489 | €2,077 | +€1,588 | +325% |
| Profit (loss) for the period before taxes | 9903 | €347,511 | €294,686 | -€52,824 | -15.2% |
| Income taxes | 67/77 | €113,207 | €95,599 | -€17,607 | -15.6% |
| Profit (loss) for the period | 9904 | €234,304 | €199,087 | -€35,217 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €234,304 | €199,087 | -€35,217 | -15.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.