HKR 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.
HKR CONSULTING
Largest movements
- Cash +€45,219
up €45,219 (+76.8%), from €58,908 to €104,127
mainly Net result for the year (+€30,710) and Depreciation (+€18,542)
- Tangible fixed assets -€17,228
down €17,228 (-21.4%), from €80,406 to €63,177
of which Leasing and similar rights: -€16,261
- Reserves +€30,710
up €30,710 (+45.0%), from €68,179 to €98,889
- Debts after one year -€14,638
down €14,638 (-45.9%), from €31,888 to €17,250
- Tax, wage and social debts +€10,070
up €10,070 (+35.7%), from €28,236 to €38,306
of which Taxes: +€10,070
- Other debts +€4,639
up €4,639 (+177%), from €2,628 to €7,267
- Trade debts -€3,289
down €3,289 (-55.2%), from €5,963 to €2,674
- Gross operating margin -€39,194
down €39,194 (-37.6%), from €104,144 to €64,950
- Taxes -€7,374
down €7,374 (-39.4%), from €18,693 to €11,319
- Depreciation +€7,192
up €7,192 (+63.4%), from €11,350 to €18,542
- Other operating charges -€1,877
down €1,877 (-49.5%), from €3,793 to €1,916
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 | €153,779 | €182,044 | +€28,265 | +18.4% |
| Fixed assets | 21/28 | €80,406 | €63,177 | -€17,228 | -21.4% |
| Tangible fixed assets | 22/27 | €80,406 | €63,177 | -€17,228 | -21.4% |
| Plant, machinery and equipment | 23 | €2,112 | €1,618 | -€494 | -23.4% |
| Furniture and vehicles | 24 | €6,941 | €6,467 | -€473 | -6.8% |
| Leasing and similar rights | 25 | €71,353 | €55,092 | -€16,261 | -22.8% |
| Current assets | 29/58 | €73,373 | €118,867 | +€45,494 | +62.0% |
| Amounts receivable within one year | 40/41 | €14,466 | €14,740 | +€275 | +1.9% |
| Trade receivables | 40 | €14,466 | €14,740 | +€275 | +1.9% |
| Cash at bank and in hand | 54/58 | €58,908 | €104,127 | +€45,219 | +76.8% |
| Total equity and liabilities | 10/49 | €153,779 | €182,044 | +€28,265 | +18.4% |
| Equity | 10/15 | €71,179 | €101,889 | +€30,710 | +43.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €68,179 | €98,889 | +€30,710 | +45.0% |
| Distributable reserves | 133 | €68,179 | €98,889 | +€30,710 | +45.0% |
| Amounts payable | 17/49 | €82,600 | €80,155 | -€2,445 | -3.0% |
| Amounts payable after more than one year | 17 | €31,888 | €17,250 | -€14,638 | -45.9% |
| Financial debts | 170/4 | €31,888 | €17,250 | -€14,638 | -45.9% |
| Amounts payable within one year | 42/48 | €50,712 | €62,905 | +€12,193 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €13,885 | €14,659 | +€774 | +5.6% |
| Trade debts | 44 | €5,963 | €2,674 | -€3,289 | -55.2% |
| Suppliers | 440/4 | €5,963 | €2,674 | -€3,289 | -55.2% |
| Taxes, remuneration and social security | 45 | €28,236 | €38,306 | +€10,070 | +35.7% |
| Taxes | 450/3 | €28,136 | €38,206 | +€10,070 | +35.8% |
| Remuneration and social security | 454/9 | €100 | €100 | = | 0.0% |
| Other amounts payable | 47/48 | €2,628 | €7,267 | +€4,639 | +177% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,350 | €18,542 | +€7,192 | +63.4% |
| Other operating charges | 640/8 | €3,793 | €1,916 | -€1,877 | -49.5% |
| Gross operating margin | 9900 | €104,144 | €64,950 | -€39,194 | -37.6% |
| Operating profit (loss) | 9901 | €89,002 | €44,493 | -€44,509 | -50.0% |
| Financial income | 75/76B | €4 | €46 | +€42 | +1,085% |
| Recurring financial income | 75 | €4 | €46 | +€42 | +1,085% |
| Financial charges | 65/66B | €2,134 | €2,510 | +€376 | +17.6% |
| Recurring financial charges | 65 | €2,134 | €2,510 | +€376 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €86,872 | €42,030 | -€44,842 | -51.6% |
| Income taxes | 67/77 | €18,693 | €11,319 | -€7,374 | -39.4% |
| Profit (loss) for the period | 9904 | €68,179 | €30,710 | -€37,469 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,179 | €30,710 | -€37,469 | -55.0% |
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 21 October 2026 via checked.be.