HLH 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.
HLH Consult
Largest movements
- Cash -€54,181
down €54,181 (-37.4%), from €144,963 to €90,782
mainly Tax, wage and social debts (-€43,711) and Receivables within one year (-€31,508)
- Receivables within one year +€31,508
up €31,508 (+86.8%), from €36,300 to €67,808
of which Other amounts receivable: +€26,508
- Tax, wage and social debts -€43,711
down €43,711 (-60.6%), from €72,175 to €28,463
of which Remuneration and social security: -€31,457
- Other debts +€22,088
up €22,088 (+2,627%), from €841 to €22,929
- Gross operating margin -€65,496
down €65,496 (-70.5%), from €92,930 to €27,433
- Financial income -€45,887
down €45,887 (-97.2%), from €47,232 to €1,345
- Taxes -€28,463
no longer reported in 2025 (was €28,463)
- Financial charges +€25,818
up €25,818 (+1,132%), from €2,281 to €28,099
- Other operating charges -€2,237
down €2,237 (-79.0%), from €2,830 to €593
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 | €186,049 | €162,865 | -€23,185 | -12.5% |
| Fixed assets | 21/28 | €4,786 | €3,074 | -€1,712 | -35.8% |
| Tangible fixed assets | 22/27 | €4,786 | €3,074 | -€1,712 | -35.8% |
| Plant, machinery and equipment | 23 | €1,514 | €921 | -€592 | -39.1% |
| Furniture and vehicles | 24 | €3,272 | €2,153 | -€1,119 | -34.2% |
| Current assets | 29/58 | €181,263 | €159,790 | -€21,473 | -11.8% |
| Amounts receivable within one year | 40/41 | €36,300 | €67,808 | +€31,508 | +86.8% |
| Trade receivables | 40 | €36,300 | €41,300 | +€5,000 | +13.8% |
| Other amounts receivable | 41 | - | €26,508 | +€26,508 | |
| Cash at bank and in hand | 54/58 | €144,963 | €90,782 | -€54,181 | -37.4% |
| Deferred charges and accrued income | 490/1 | - | €1,200 | +€1,200 | |
| Total equity and liabilities | 10/49 | €186,049 | €162,865 | -€23,185 | -12.5% |
| Equity | 10/15 | €107,076 | €105,450 | -€1,626 | -1.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,076 | €103,450 | -€1,626 | -1.5% |
| Amounts payable | 17/49 | €78,973 | €57,414 | -€21,559 | -27.3% |
| Amounts payable within one year | 42/48 | €78,973 | €57,414 | -€21,559 | -27.3% |
| Trade debts | 44 | €5,958 | €6,022 | +€64 | +1.1% |
| Suppliers | 440/4 | €5,958 | €6,022 | +€64 | +1.1% |
| Taxes, remuneration and social security | 45 | €72,175 | €28,463 | -€43,711 | -60.6% |
| Taxes | 450/3 | €40,718 | €28,463 | -€12,254 | -30.1% |
| Remuneration and social security | 454/9 | €31,457 | - | -€31,457 | |
| Other amounts payable | 47/48 | €841 | €22,929 | +€22,088 | +2,627% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,511 | €1,712 | +€201 | +13.3% |
| Other operating charges | 640/8 | €2,830 | €593 | -€2,237 | -79.0% |
| Gross operating margin | 9900 | €92,930 | €27,433 | -€65,496 | -70.5% |
| Operating profit (loss) | 9901 | €88,589 | €25,128 | -€63,461 | -71.6% |
| Financial income | 75/76B | €47,232 | €1,345 | -€45,887 | -97.2% |
| Recurring financial income | 75 | €47,232 | €1,345 | -€45,887 | -97.2% |
| Financial charges | 65/66B | €2,281 | €28,099 | +€25,818 | +1,132% |
| Recurring financial charges | 65 | €2,281 | €28,099 | +€25,818 | +1,132% |
| Profit (loss) for the period before taxes | 9903 | €133,539 | -€1,626 | -€135,165 | |
| Income taxes | 67/77 | €28,463 | - | -€28,463 | |
| Profit (loss) for the period | 9904 | €105,076 | -€1,626 | -€106,702 | |
| Profit (loss) for the period to be appropriated | 9905 | €105,076 | -€1,626 | -€106,702 |
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 28 October 2026 via checked.be.