HKL Consulting: what changed
HKL Consulting
Largest movements
- Cash +€61,644
up €61,644 (+27.5%), from €223,995 to €285,638
mainly Net result for the year (+€108,062) and Deferred charges and accrued income (+€473)
- Receivables within one year +€21,435
up €21,435 (+144%), from €14,898 to €36,333
of which Trade receivables: +€21,036
- Reserves +€108,062
up €108,062 (+64.5%), from €167,529 to €275,592
- Tax, wage and social debts -€23,532
down €23,532 (-39.5%), from €59,517 to €35,985
of which Taxes: -€21,396
- Gross operating margin -€83,118
down €83,118 (-37.8%), from €220,121 to €137,003
- Taxes -€20,639
down €20,639 (-40.2%), from €51,282 to €30,643
- Financial income +€2,931
new in 2025: €2,931
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €239,509 | €322,115 | +€82,606 | +34.5% |
| Current assets | 29/58 | €239,509 | €322,115 | +€82,606 | +34.5% |
| Amounts receivable within one year | 40/41 | €14,898 | €36,333 | +€21,435 | +144% |
| Trade receivables | 40 | €14,810 | €35,846 | +€21,036 | +142% |
| Other amounts receivable | 41 | €88 | €487 | +€399 | +455% |
| Cash at bank and in hand | 54/58 | €223,995 | €285,638 | +€61,644 | +27.5% |
| Deferred charges and accrued income | 490/1 | €617 | €144 | -€473 | -76.7% |
| Total equity and liabilities | 10/49 | €239,509 | €322,115 | +€82,606 | +34.5% |
| Equity | 10/15 | €171,529 | €279,592 | +€108,062 | +63.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €167,529 | €275,592 | +€108,062 | +64.5% |
| Distributable reserves | 133 | €167,529 | €275,592 | +€108,062 | +64.5% |
| Amounts payable | 17/49 | €67,980 | €42,523 | -€25,457 | -37.4% |
| Amounts payable within one year | 42/48 | €67,980 | €42,523 | -€25,457 | -37.4% |
| Trade debts | 44 | €1,263 | €83 | -€1,181 | -93.4% |
| Suppliers | 440/4 | €1,263 | €83 | -€1,181 | -93.4% |
| Taxes, remuneration and social security | 45 | €59,517 | €35,985 | -€23,532 | -39.5% |
| Taxes | 450/3 | €57,382 | €35,985 | -€21,396 | -37.3% |
| Remuneration and social security | 454/9 | €2,135 | €0 | -€2,135 | -100% |
| Other amounts payable | 47/48 | €7,200 | €6,455 | -€745 | -10.3% |
| Other operating charges | 640/8 | €868 | €1,157 | +€289 | +33.3% |
| Gross operating margin | 9900 | €220,121 | €137,003 | -€83,118 | -37.8% |
| Operating profit (loss) | 9901 | €219,253 | €135,846 | -€83,407 | -38.0% |
| Financial income | 75/76B | - | €2,931 | +€2,931 | |
| Recurring financial income | 75 | - | €2,931 | +€2,931 | |
| Financial charges | 65/66B | €442 | €72 | -€370 | -83.7% |
| Recurring financial charges | 65 | €442 | €72 | -€370 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | €218,811 | €138,705 | -€80,106 | -36.6% |
| Income taxes | 67/77 | €51,282 | €30,643 | -€20,639 | -40.2% |
| Profit (loss) for the period | 9904 | €167,529 | €108,062 | -€59,467 | -35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €167,529 | €108,062 | -€59,467 | -35.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.