HM 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.
HM CONSULTING
Largest movements
- Cash +€72,904
up €72,904 (+47.3%), from €153,992 to €226,896
mainly Other debts (+€79,521) and Net result for the year (+€67,131)
- Receivables within one year +€16,066
up €16,066 (+3,091%), from €520 to €16,585
of which Trade receivables: +€16,066
- Other debts +€79,521
up €79,521 (+345%), from €23,077 to €102,598
- Tax, wage and social debts +€4,270
up €4,270 (+13.7%), from €31,088 to €35,359
- Trade debts +€3,704
up €3,704 (+290%), from €1,276 to €4,980
- Gross operating margin +€14,448
up €14,448 (+18.7%), from €77,255 to €91,702
- Taxes -€6,463
down €6,463 (-25.3%), from €25,572 to €19,109
- Other operating charges +€1,063
up €1,063 (+108%), from €989 to €2,052
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 | €163,404 | €250,925 | +€87,520 | +53.6% |
| Fixed assets | 21/28 | €6,253 | €4,708 | -€1,545 | -24.7% |
| Tangible fixed assets | 22/27 | €6,253 | €4,708 | -€1,545 | -24.7% |
| Furniture and vehicles | 24 | €6,253 | €4,708 | -€1,545 | -24.7% |
| Current assets | 29/58 | €157,152 | €246,217 | +€89,065 | +56.7% |
| Amounts receivable within one year | 40/41 | €520 | €16,585 | +€16,066 | +3,091% |
| Trade receivables | 40 | €484 | €16,550 | +€16,066 | +3,319% |
| Other amounts receivable | 41 | €36 | €36 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €153,992 | €226,896 | +€72,904 | +47.3% |
| Deferred charges and accrued income | 490/1 | €2,640 | €2,735 | +€95 | +3.6% |
| Total equity and liabilities | 10/49 | €163,404 | €250,925 | +€87,520 | +53.6% |
| Equity | 10/15 | €107,963 | €107,963 | = | 0.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €103,963 | €103,963 | = | 0.0% |
| Distributable reserves | 133 | €103,963 | €103,963 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €55,441 | €142,961 | +€87,520 | +158% |
| Amounts payable within one year | 42/48 | €55,441 | €142,937 | +€87,496 | +158% |
| Trade debts | 44 | €1,276 | €4,980 | +€3,704 | +290% |
| Suppliers | 440/4 | €1,276 | €4,980 | +€3,704 | +290% |
| Taxes, remuneration and social security | 45 | €31,088 | €35,359 | +€4,270 | +13.7% |
| Taxes | 450/3 | €31,088 | €35,359 | +€4,270 | +13.7% |
| Other amounts payable | 47/48 | €23,077 | €102,598 | +€79,521 | +345% |
| Accrued charges and deferred income | 492/3 | - | €24 | +€24 | |
| Non-recurring operating income | 76A | - | €720 | +€720 | |
| Remuneration, social security and pensions | 62 | - | €35 | +€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,391 | €2,264 | -€126 | -5.3% |
| Other operating charges | 640/8 | €989 | €2,052 | +€1,063 | +108% |
| Gross operating margin | 9900 | €77,255 | €91,702 | +€14,448 | +18.7% |
| Operating profit (loss) | 9901 | €73,875 | €87,351 | +€13,476 | +18.2% |
| Financial income | 75/76B | €395 | €1 | -€394 | -99.9% |
| Recurring financial income | 75 | €395 | €1 | -€394 | -99.9% |
| Financial charges | 65/66B | €1,735 | €1,112 | -€623 | -35.9% |
| Recurring financial charges | 65 | €1,735 | €1,112 | -€623 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €72,535 | €86,240 | +€13,705 | +18.9% |
| Income taxes | 67/77 | €25,572 | €19,109 | -€6,463 | -25.3% |
| Profit (loss) for the period | 9904 | €46,963 | €67,131 | +€20,168 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,963 | €67,131 | +€20,168 | +42.9% |
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 16 October 2026 via checked.be.