HJF 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.
HJF CONSULT
Largest movements
- Deferred charges and accrued income -€6,000
down €6,000 (-25.0%), from €24,000 to €18,000
- Receivables within one year -€5,201
down €5,201 (-86.8%), from €5,990 to €789
- Profit (loss) carried forward -€21,208
down €21,208 (-71.9%), from -€29,480 to -€50,688
- Other debts +€9,619
new in 2025: €9,619
- Gross operating margin +€2,408
up €2,408 (+11.3%), from -€21,262 to -€18,854
- Financial charges +€461
up €461 (+50.5%), from €912 to €1,373
- Depreciation -€315
down €315 (-46.7%), from €675 to €360
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 | €38,287 | €26,983 | -€11,304 | -29.5% |
| Fixed assets | 21/28 | €7,288 | €6,928 | -€360 | -4.9% |
| Tangible fixed assets | 22/27 | €1,713 | €1,353 | -€360 | -21.0% |
| Plant, machinery and equipment | 23 | €1,528 | €1,353 | -€175 | -11.4% |
| Furniture and vehicles | 24 | €185 | €0 | -€185 | -100% |
| Financial fixed assets | 28 | €5,575 | €5,575 | = | 0.0% |
| Current assets | 29/58 | €30,999 | €20,054 | -€10,945 | -35.3% |
| Amounts receivable within one year | 40/41 | €5,990 | €789 | -€5,201 | -86.8% |
| Other amounts receivable | 41 | €5,990 | €789 | -€5,201 | -86.8% |
| Cash at bank and in hand | 54/58 | €1,009 | €1,265 | +€257 | +25.4% |
| Deferred charges and accrued income | 490/1 | €24,000 | €18,000 | -€6,000 | -25.0% |
| Total equity and liabilities | 10/49 | €38,287 | €26,983 | -€11,304 | -29.5% |
| Equity | 10/15 | €34,520 | €13,312 | -€21,208 | -61.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €44,000 | €44,000 | = | 0.0% |
| Distributable reserves | 133 | €44,000 | €44,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,480 | -€50,688 | -€21,208 | -71.9% |
| Amounts payable | 17/49 | €3,767 | €13,671 | +€9,904 | +263% |
| Amounts payable within one year | 42/48 | €3,767 | €13,671 | +€9,904 | +263% |
| Financial debts | 43 | €3,239 | €3,370 | +€130 | +4.0% |
| Credit institutions | 430/8 | €3,239 | €3,370 | +€130 | +4.0% |
| Trade debts | 44 | €528 | €460 | -€68 | -12.8% |
| Suppliers | 440/4 | €528 | €460 | -€68 | -12.8% |
| Taxes, remuneration and social security | 45 | - | €222 | +€222 | |
| Taxes | 450/3 | - | €222 | +€222 | |
| Other amounts payable | 47/48 | - | €9,619 | +€9,619 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €675 | €360 | -€315 | -46.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€21,262 | -€18,854 | +€2,408 | +11.3% |
| Operating profit (loss) | 9901 | -€22,324 | -€19,613 | +€2,710 | +12.1% |
| Financial income | 75/76B | €152 | - | -€152 | |
| Recurring financial income | 75 | €152 | - | -€152 | |
| Financial charges | 65/66B | €912 | €1,373 | +€461 | +50.5% |
| Recurring financial charges | 65 | €912 | €1,373 | +€461 | +50.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,084 | -€20,986 | +€2,098 | +9.1% |
| Income taxes | 67/77 | €211 | €222 | +€11 | +5.1% |
| Profit (loss) for the period | 9904 | -€23,295 | -€21,208 | +€2,087 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,295 | -€21,208 | +€2,087 | +9.0% |
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 15 October 2026 via checked.be.