HND 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.
HND CONSULT
Largest movements
- Receivables within one year -€8,360
down €8,360 (-68.2%), from €12,257 to €3,897
- Cash +€8,018
new in 2025: €8,018
mainly Receivables within one year (+€8,360) and Net result for the year (+€7,539)
- Tax, wage and social debts -€9,851
down €9,851 (-35.4%), from €27,792 to €17,941
- Profit (loss) carried forward +€7,539
up €7,539 (+6.0%), from €125,390 to €132,929
- Trade debts +€3,433
up €3,433 (+469%), from €732 to €4,165
- Gross operating margin -€32,911
down €32,911 (-72.7%), from €45,277 to €12,366
- Taxes -€6,468
down €6,468 (-71.2%), from €9,086 to €2,618
- Other operating charges -€2,959
down €2,959 (-93.9%), from €3,152 to €193
- Financial charges +€866
up €866 (+4,124%), from €21 to €887
- Depreciation +€613
up €613 (+119%), from €516 to €1,129
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 | €157,344 | €158,035 | +€691 | +0.4% |
| Fixed assets | 21/28 | €1,203 | €2,320 | +€1,117 | +92.9% |
| Tangible fixed assets | 22/27 | €1,203 | €2,320 | +€1,117 | +92.9% |
| Furniture and vehicles | 24 | €1,203 | €2,320 | +€1,117 | +92.9% |
| Current assets | 29/58 | €156,141 | €155,715 | -€426 | -0.3% |
| Amounts receivable after more than one year | 29 | €143,800 | €143,800 | = | 0.0% |
| Other amounts receivable | 291 | €143,800 | €143,800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,257 | €3,897 | -€8,360 | -68.2% |
| Other amounts receivable | 41 | €12,257 | €3,897 | -€8,360 | -68.2% |
| Cash at bank and in hand | 54/58 | - | €8,018 | +€8,018 | |
| Deferred charges and accrued income | 490/1 | €84 | - | -€84 | |
| Total equity and liabilities | 10/49 | €157,344 | €158,035 | +€691 | +0.4% |
| Equity | 10/15 | €128,390 | €135,929 | +€7,539 | +5.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,390 | €132,929 | +€7,539 | +6.0% |
| Amounts payable | 17/49 | €28,954 | €22,106 | -€6,848 | -23.7% |
| Amounts payable within one year | 42/48 | €28,954 | €22,106 | -€6,848 | -23.7% |
| Trade debts | 44 | €732 | €4,165 | +€3,433 | +469% |
| Suppliers | 440/4 | €732 | €4,165 | +€3,433 | +469% |
| Taxes, remuneration and social security | 45 | €27,792 | €17,941 | -€9,851 | -35.4% |
| Taxes | 450/3 | €27,792 | €17,941 | -€9,851 | -35.4% |
| Other amounts payable | 47/48 | €430 | - | -€430 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €516 | €1,129 | +€613 | +119% |
| Other operating charges | 640/8 | €3,152 | €193 | -€2,959 | -93.9% |
| Gross operating margin | 9900 | €45,277 | €12,366 | -€32,911 | -72.7% |
| Operating profit (loss) | 9901 | €41,609 | €11,044 | -€30,565 | -73.5% |
| Financial income | 75/76B | €23 | - | -€23 | |
| Recurring financial income | 75 | €23 | - | -€23 | |
| Financial charges | 65/66B | €21 | €887 | +€866 | +4,124% |
| Recurring financial charges | 65 | €21 | €887 | +€866 | +4,124% |
| Profit (loss) for the period before taxes | 9903 | €41,611 | €10,157 | -€31,454 | -75.6% |
| Income taxes | 67/77 | €9,086 | €2,618 | -€6,468 | -71.2% |
| Profit (loss) for the period | 9904 | €32,525 | €7,539 | -€24,986 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,525 | €7,539 | -€24,986 | -76.8% |
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 17 October 2026 via checked.be.