HJ Consult: 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.
HJ Consult
Largest movements
- Tangible fixed assets +€907,901
up €907,901 (+22,609%), from €4,016 to €911,917
of which Land and buildings: +€905,734
- Receivables within one year -€370,365
down €370,365 (-95.3%), from €388,788 to €18,423
of which Other amounts receivable: -€387,537
- Stocks and contracts -€141,949
no longer reported in 2025 (was €141,949)
- Other debts +€407,252
up €407,252 (+190%), from €214,280 to €621,531
- Debts after one year -€90,000
down €90,000 (-47.4%), from €190,000 to €100,000
- Reserves +€76,173
up €76,173 (+95.0%), from €80,153 to €156,326
of which Non-distributable reserves: +€156,326
- Trade debts -€17,852
down €17,852 (-40.4%), from €44,217 to €26,366
- Tax, wage and social debts +€15,316
up €15,316 (+317%), from €4,839 to €20,155
of which Taxes: +€16,891
- Gross operating margin -€86,229
down €86,229 (-45.2%), from €190,725 to €104,496
- Financial charges -€18,127
down €18,127 (-92.5%), from €19,596 to €1,470
- Financial income +€13,111
up €13,111 (+2,793%), from €469 to €13,581
of which Non-recurring financial income: +€13,110
- Taxes -€5,980
down €5,980 (-15.6%), from €38,264 to €32,284
- Depreciation +€5,443
up €5,443 (+272%), from €2,003 to €7,446
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 | €554,990 | €944,378 | +€389,387 | +70.2% |
| Fixed assets | 21/28 | €9,916 | €911,917 | +€902,001 | +9,097% |
| Tangible fixed assets | 22/27 | €4,016 | €911,917 | +€907,901 | +22,609% |
| Land and buildings | 22 | - | €905,734 | +€905,734 | |
| Plant, machinery and equipment | 23 | €2,254 | €5,378 | +€3,124 | +139% |
| Furniture and vehicles | 24 | €1,761 | €805 | -€956 | -54.3% |
| Financial fixed assets | 28 | €5,900 | - | -€5,900 | |
| Current assets | 29/58 | €545,075 | €32,461 | -€512,614 | -94.0% |
| Stocks and contracts in progress | 3 | €141,949 | - | -€141,949 | |
| Stocks | 30/36 | €141,949 | - | -€141,949 | |
| Amounts receivable within one year | 40/41 | €388,788 | €18,423 | -€370,365 | -95.3% |
| Trade receivables | 40 | - | €17,172 | +€17,172 | |
| Other amounts receivable | 41 | €388,788 | €1,251 | -€387,537 | -99.7% |
| Cash at bank and in hand | 54/58 | €5,521 | €13,303 | +€7,781 | +141% |
| Deferred charges and accrued income | 490/1 | €8,817 | €735 | -€8,082 | -91.7% |
| Total equity and liabilities | 10/49 | €554,990 | €944,378 | +€389,387 | +70.2% |
| Equity | 10/15 | €100,153 | €176,326 | +€76,173 | +76.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €80,153 | €156,326 | +€76,173 | +95.0% |
| Non-distributable reserves | 130/1 | - | €156,326 | +€156,326 | |
| Reserves not available under the articles | 1311 | - | €156,326 | +€156,326 | |
| Distributable reserves | 133 | €80,153 | - | -€80,153 | |
| Amounts payable | 17/49 | €454,838 | €768,052 | +€313,214 | +68.9% |
| Amounts payable after more than one year | 17 | €190,000 | €100,000 | -€90,000 | -47.4% |
| Financial debts | 170/4 | €190,000 | €100,000 | -€90,000 | -47.4% |
| Amounts payable within one year | 42/48 | €263,336 | €668,052 | +€404,716 | +154% |
| Trade debts | 44 | €44,217 | €26,366 | -€17,852 | -40.4% |
| Suppliers | 440/4 | €44,217 | €26,366 | -€17,852 | -40.4% |
| Taxes, remuneration and social security | 45 | €4,839 | €20,155 | +€15,316 | +317% |
| Taxes | 450/3 | €3,264 | €20,155 | +€16,891 | +518% |
| Remuneration and social security | 454/9 | €1,575 | - | -€1,575 | |
| Other amounts payable | 47/48 | €214,280 | €621,531 | +€407,252 | +190% |
| Accrued charges and deferred income | 492/3 | €1,502 | - | -€1,502 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,003 | €7,446 | +€5,443 | +272% |
| Other operating charges | 640/8 | €700 | €705 | +€5 | +0.7% |
| Non-recurring operating charges | 66A | €5,390 | - | -€5,390 | |
| Gross operating margin | 9900 | €190,725 | €104,496 | -€86,229 | -45.2% |
| Operating profit (loss) | 9901 | €182,632 | €96,345 | -€86,286 | -47.2% |
| Financial income | 75/76B | €469 | €13,581 | +€13,111 | +2,793% |
| Recurring financial income | 75 | €469 | €1 | -€468 | -99.8% |
| Non-recurring financial income | 76B | €469 | €13,580 | +€13,110 | +2,793% |
| Financial charges | 65/66B | €19,596 | €1,470 | -€18,127 | -92.5% |
| Recurring financial charges | 65 | €19,596 | €1,470 | -€18,127 | -92.5% |
| Profit (loss) for the period before taxes | 9903 | €163,505 | €108,457 | -€55,048 | -33.7% |
| Income taxes | 67/77 | €38,264 | €32,284 | -€5,980 | -15.6% |
| Profit (loss) for the period | 9904 | €125,241 | €76,173 | -€49,068 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €125,241 | €76,173 | -€49,068 | -39.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.