HILL 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.
HILL CONSULTING
Largest movements
- Cash +€125,246
up €125,246 (+338%), from €37,090 to €162,336
mainly Current investments (+€70,035) and Net result for the year (+€51,235)
- Current investments -€70,035
down €70,035 (-41.2%), from €170,035 to €100,000
- Tangible fixed assets -€41,768
down €41,768 (-25.0%), from €167,139 to €125,371
of which Land and buildings: -€38,053
- Intangible fixed assets +€38,058
up €38,058 (+49.5%), from €76,960 to €115,018
- Receivables within one year +€23,881
up €23,881 (+48.9%), from €48,821 to €72,701
of which Trade receivables: +€22,779
- Reserves +€51,235
up €51,235 (+13.4%), from €383,563 to €434,798
of which Distributable reserves: +€51,235
- Tax, wage and social debts +€29,879
up €29,879 (+322%), from €9,283 to €39,162
- Debts after one year -€13,334
down €13,334 (-34.8%), from €38,334 to €25,000
of which Financial debts: -€13,334
- Gross operating margin +€22,996
up €22,996 (+27.8%), from €82,803 to €105,799
- Financial income +€13,565
up €13,565 (+700%), from €1,939 to €15,504
- Depreciation +€9,934
up €9,934 (+30.1%), from €32,996 to €42,930
- Taxes +€7,885
up €7,885 (+55.8%), from €14,140 to €22,025
- Financial charges -€1,444
down €1,444 (-31.1%), from €4,638 to €3,194
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 | €506,861 | €582,676 | +€75,815 | +15.0% |
| Fixed assets | 21/28 | €244,099 | €240,389 | -€3,710 | -1.5% |
| Intangible fixed assets | 21 | €76,960 | €115,018 | +€38,058 | +49.5% |
| Tangible fixed assets | 22/27 | €167,139 | €125,371 | -€41,768 | -25.0% |
| Land and buildings | 22 | €148,433 | €110,379 | -€38,053 | -25.6% |
| Furniture and vehicles | 24 | €18,707 | €14,992 | -€3,715 | -19.9% |
| Current assets | 29/58 | €262,762 | €342,287 | +€79,525 | +30.3% |
| Amounts receivable within one year | 40/41 | €48,821 | €72,701 | +€23,881 | +48.9% |
| Trade receivables | 40 | €48,801 | €71,580 | +€22,779 | +46.7% |
| Other amounts receivable | 41 | €20 | €1,121 | +€1,102 | +5,569% |
| Current investments | 50/53 | €170,035 | €100,000 | -€70,035 | -41.2% |
| Cash at bank and in hand | 54/58 | €37,090 | €162,336 | +€125,246 | +338% |
| Deferred charges and accrued income | 490/1 | €6,815 | €7,249 | +€434 | +6.4% |
| Total equity and liabilities | 10/49 | €506,861 | €582,676 | +€75,815 | +15.0% |
| Equity | 10/15 | €395,963 | €447,198 | +€51,235 | +12.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €383,563 | €434,798 | +€51,235 | +13.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €381,703 | €432,938 | +€51,235 | +13.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €41,398 | €41,398 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €41,398 | €41,398 | = | 0.0% |
| Pensions and similar obligations | 160 | €41,398 | €41,398 | = | 0.0% |
| Amounts payable | 17/49 | €69,499 | €94,079 | +€24,580 | +35.4% |
| Amounts payable after more than one year | 17 | €38,334 | €25,000 | -€13,334 | -34.8% |
| Financial debts | 170/4 | €13,334 | €0 | -€13,334 | -100% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,641 | €67,654 | +€38,013 | +128% |
| Current portion of amounts payable after more than one year | 42 | €13,333 | €13,334 | +€0 | 0.0% |
| Financial debts | 43 | €0 | €4,206 | +€4,206 | |
| Credit institutions | 430/8 | €0 | €4,206 | +€4,206 | |
| Trade debts | 44 | €6,451 | €10,952 | +€4,501 | +69.8% |
| Suppliers | 440/4 | €6,451 | €10,952 | +€4,501 | +69.8% |
| Taxes, remuneration and social security | 45 | €9,283 | €39,162 | +€29,879 | +322% |
| Taxes | 450/3 | €9,283 | €39,162 | +€29,879 | +322% |
| Other amounts payable | 47/48 | €574 | €0 | -€574 | -100% |
| Accrued charges and deferred income | 492/3 | €1,525 | €1,425 | -€100 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,996 | €42,930 | +€9,934 | +30.1% |
| Other operating charges | 640/8 | €1,929 | €1,917 | -€12 | -0.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €82,803 | €105,799 | +€22,996 | +27.8% |
| Operating profit (loss) | 9901 | €47,878 | €60,951 | +€13,074 | +27.3% |
| Financial income | 75/76B | €1,939 | €15,504 | +€13,565 | +700% |
| Recurring financial income | 75 | €1,939 | €15,504 | +€13,565 | +700% |
| Financial charges | 65/66B | €4,638 | €3,194 | -€1,444 | -31.1% |
| Recurring financial charges | 65 | €4,638 | €3,194 | -€1,444 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €45,178 | €73,261 | +€28,082 | +62.2% |
| Income taxes | 67/77 | €14,140 | €22,025 | +€7,885 | +55.8% |
| Profit (loss) for the period | 9904 | €31,038 | €51,235 | +€20,197 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,038 | €51,235 | +€20,197 | +65.1% |
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 23 October 2026 via checked.be.