HM CONSULTANCY: 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.
HM CONSULTANCY
Largest movements
- Current investments -€27,090
down €27,090 (-87.4%), from €30,992 to €3,903
- Cash +€4,700
up €4,700 (+9.1%), from €51,446 to €56,146
mainly Other debts (+€44,057) and Net result for the year (+€39,917)
- Reserves -€73,083
down €73,083 (-99.0%), from €73,790 to €707
- Other debts +€44,057
up €44,057 (+36,122%), from €122 to €44,179
- Tax, wage and social debts +€7,268
up €7,268 (+738%), from €985 to €8,253
of which Taxes: +€6,339
- Gross operating margin +€12,660
up €12,660 (+33.2%), from €38,155 to €50,815
- Taxes +€2,902
up €2,902 (+36.7%), from €7,913 to €10,815
- Financial income +€1,926
up €1,926 (+344%), from €559 to €2,485
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 | €93,692 | €72,502 | -€21,189 | -22.6% |
| Fixed assets | 21/28 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €93,692 | €72,502 | -€21,189 | -22.6% |
| Amounts receivable within one year | 40/41 | €10,888 | €11,425 | +€537 | +4.9% |
| Trade receivables | 40 | €9,799 | €10,327 | +€528 | +5.4% |
| Other amounts receivable | 41 | €1,089 | €1,098 | +€9 | +0.8% |
| Current investments | 50/53 | €30,992 | €3,903 | -€27,090 | -87.4% |
| Cash at bank and in hand | 54/58 | €51,446 | €56,146 | +€4,700 | +9.1% |
| Deferred charges and accrued income | 490/1 | €365 | €1,029 | +€663 | +182% |
| Total equity and liabilities | 10/49 | €93,692 | €72,502 | -€21,189 | -22.6% |
| Equity | 10/15 | €92,390 | €19,307 | -€73,083 | -79.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,790 | €707 | -€73,083 | -99.0% |
| Distributable reserves | 133 | €73,790 | €707 | -€73,083 | -99.0% |
| Amounts payable | 17/49 | €1,302 | €53,195 | +€51,894 | +3,987% |
| Amounts payable within one year | 42/48 | €1,302 | €53,195 | +€51,894 | +3,987% |
| Trade debts | 44 | €195 | €763 | +€568 | +292% |
| Suppliers | 440/4 | €195 | €763 | +€568 | +292% |
| Taxes, remuneration and social security | 45 | €985 | €8,253 | +€7,268 | +738% |
| Taxes | 450/3 | €98 | €6,437 | +€6,339 | +6,479% |
| Remuneration and social security | 454/9 | €887 | €1,816 | +€929 | +105% |
| Other amounts payable | 47/48 | €122 | €44,179 | +€44,057 | +36,122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €0 | = | |
| Other operating charges | 640/8 | €1,157 | €1,079 | -€78 | -6.7% |
| Gross operating margin | 9900 | €38,155 | €50,815 | +€12,660 | +33.2% |
| Operating profit (loss) | 9901 | €36,998 | €49,736 | +€12,738 | +34.4% |
| Financial income | 75/76B | €559 | €2,485 | +€1,926 | +344% |
| Recurring financial income | 75 | €559 | €2,485 | +€1,926 | +344% |
| Financial charges | 65/66B | €1,008 | €1,489 | +€481 | +47.7% |
| Recurring financial charges | 65 | €1,008 | €1,489 | +€481 | +47.7% |
| Profit (loss) for the period before taxes | 9903 | €36,549 | €50,732 | +€14,183 | +38.8% |
| Income taxes | 67/77 | €7,913 | €10,815 | +€2,902 | +36.7% |
| Profit (loss) for the period | 9904 | €28,636 | €39,917 | +€11,281 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,636 | €39,917 | +€11,281 | +39.4% |
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.