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hiSearch: 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.

What changed

hiSearch

BE 0738.675.487
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€37,439
2024 · -€43,479+€80,918
Equity
-€14,841
2024 · -€52,280+€37,439
Cash
€712
2024 · €12,008-€11,296
Balance sheet total
€9,441
2024 · €24,545-€15,105

Largest movements

2024 to 2025
Assets
  • Cash -€11,296

    down €11,296 (-94.1%), from €12,008 to €712

    mainly Tax, wage and social debts (-€46,540) and Trade debts (-€12,711)

  • Receivables within one year -€3,808

    down €3,808 (-30.4%), from €12,537 to €8,729

    of which Other amounts receivable: -€4,845

Equity and liabilities
  • Tax, wage and social debts -€46,540

    down €46,540 (-72.6%), from €64,079 to €17,539

    of which Taxes: -€24,381

  • Profit (loss) carried forward +€37,439

    up €37,439 (+69.0%), from -€54,280 to -€16,841

  • Trade debts -€12,711

    down €12,711 (-99.7%), from €12,747 to €35

  • Other debts +€6,707

    new in 2025: €6,707

Income statement
  • Staff costs -€94,948

    down €94,948 (-54.0%), from €175,711 to €80,763

  • Purchases and services +€15,538

    up €15,538 (+28.7%), from €54,224 to €69,762

  • Gross operating margin -€14,684

    down €14,684 (-10.9%), from €135,157 to €120,473

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€43,479
Gross operating margin -€14,684
Staff costs +€94,948
Depreciation +€184
Other operating charges -€275
Financial income -€1
Financial charges +€747
Result 2025 €37,439

Cash bridge derived

cash 2024 to 2025

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.

From operations -€11,296
Investment €0
Financing €0
Cash 2024 €12,008
Net result for the year +€37,439
Receivables within one year +€3,808
Trade debts -€12,711
Tax, wage and social debts -€46,540
Other debts +€6,707
Cash 2025 €712
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €24,545 €9,441 -€15,105 -61.5%
Current assets 29/58 €24,545 €9,441 -€15,105 -61.5%
Amounts receivable within one year 40/41 €12,537 €8,729 -€3,808 -30.4%
Trade receivables 40 €7,692 €8,729 +€1,037 +13.5%
Other amounts receivable 41 €4,845 - -€4,845
Cash at bank and in hand 54/58 €12,008 €712 -€11,296 -94.1%
Total equity and liabilities 10/49 €24,545 €9,441 -€15,105 -61.5%
Equity 10/15 -€52,280 -€14,841 +€37,439 +71.6%
Contributions 10/11 €2,000 €2,000 = 0.0%
Outside capital 11 €2,000 €2,000 = 0.0%
Other 1109/19 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 -€54,280 -€16,841 +€37,439 +69.0%
Amounts payable 17/49 €76,825 €24,281 -€52,544 -68.4%
Amounts payable within one year 42/48 €76,825 €24,281 -€52,544 -68.4%
Trade debts 44 €12,747 €35 -€12,711 -99.7%
Suppliers 440/4 €12,747 €35 -€12,711 -99.7%
Taxes, remuneration and social security 45 €64,079 €17,539 -€46,540 -72.6%
Taxes 450/3 €30,939 €6,558 -€24,381 -78.8%
Remuneration and social security 454/9 €33,140 €10,981 -€22,159 -66.9%
Other amounts payable 47/48 - €6,707 +€6,707
Turnover 70 €186,863 €188,210 +€1,347 +0.7%
Goods, raw materials, services and sundry goods 60/61 €54,224 €69,762 +€15,538 +28.7%
Remuneration, social security and pensions 62 €175,711 €80,763 -€94,948 -54.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €184 - -€184
Other operating charges 640/8 €1,242 €1,517 +€275 +22.2%
Gross operating margin 9900 €135,157 €120,473 -€14,684 -10.9%
Operating profit (loss) 9901 -€41,980 €38,192 +€80,172
Financial income 75/76B €1 - -€1
Recurring financial income 75 €1 - -€1
Financial charges 65/66B €1,500 €753 -€747 -49.8%
Recurring financial charges 65 €1,500 €753 -€747 -49.8%
Profit (loss) for the period before taxes 9903 -€43,479 €37,439 +€80,918
Profit (loss) for the period 9904 -€43,479 €37,439 +€80,918
Profit (loss) for the period to be appropriated 9905 -€43,479 €37,439 +€80,918

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.