HO CONSEILS: 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.
HO CONSEILS
Largest movements
- Financial fixed assets +€85,000
new in 2025: €85,000
- Cash -€77,228
down €77,228 (-75.2%), from €102,700 to €25,472
mainly Contributions, distributions and other (-€120,000) and Investment in fixed assets (net) (-€85,000)
- Tangible fixed assets -€6,992
down €6,992 (-59.3%), from €11,799 to €4,807
- Other debts +€22,180
up €22,180 (+304%), from €7,297 to €29,477
- Profit (loss) carried forward -€10,680
down €10,680 (-6.0%), from €176,744 to €166,064
- Tax, wage and social debts -€9,233
down €9,233 (-21.2%), from €43,467 to €34,234
of which Taxes: -€9,213
- Current portion of long-term debt -€4,257
down €4,257 (-69.4%), from €6,132 to €1,875
- Trade debts +€3,599
up €3,599 (+385%), from €934 to €4,533
- Gross operating margin +€10,211
up €10,211 (+7.5%), from €135,796 to €146,006
- Taxes -€3,430
down €3,430 (-11.7%), from €29,215 to €25,785
- Other operating charges +€2,256
up €2,256 (+250%), from €904 to €3,161
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 | €241,991 | €242,184 | +€193 | +0.1% |
| Fixed assets | 21/28 | €11,799 | €89,807 | +€78,008 | +661% |
| Tangible fixed assets | 22/27 | €11,799 | €4,807 | -€6,992 | -59.3% |
| Furniture and vehicles | 24 | €11,799 | €4,807 | -€6,992 | -59.3% |
| Financial fixed assets | 28 | - | €85,000 | +€85,000 | |
| Current assets | 29/58 | €230,192 | €152,377 | -€77,815 | -33.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €125,840 | €125,840 | = | 0.0% |
| Trade receivables | 40 | €125,840 | €125,840 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €102,700 | €25,472 | -€77,228 | -75.2% |
| Deferred charges and accrued income | 490/1 | €1,652 | €1,065 | -€587 | -35.5% |
| Total equity and liabilities | 10/49 | €241,991 | €242,184 | +€193 | +0.1% |
| Equity | 10/15 | €182,744 | €172,064 | -€10,680 | -5.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,744 | €166,064 | -€10,680 | -6.0% |
| Amounts payable | 17/49 | €59,247 | €70,120 | +€10,873 | +18.4% |
| Amounts payable after more than one year | 17 | €1,416 | - | -€1,416 | |
| Financial debts | 170/4 | €1,416 | - | -€1,416 | |
| Amounts payable within one year | 42/48 | €57,830 | €70,120 | +€12,289 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €6,132 | €1,875 | -€4,257 | -69.4% |
| Trade debts | 44 | €934 | €4,533 | +€3,599 | +385% |
| Suppliers | 440/4 | €934 | €4,533 | +€3,599 | +385% |
| Taxes, remuneration and social security | 45 | €43,467 | €34,234 | -€9,233 | -21.2% |
| Taxes | 450/3 | €43,447 | €34,234 | -€9,213 | -21.2% |
| Remuneration and social security | 454/9 | €20 | - | -€20 | |
| Other amounts payable | 47/48 | €7,297 | €29,477 | +€22,180 | +304% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,992 | €6,992 | = | 0.0% |
| Other operating charges | 640/8 | €904 | €3,161 | +€2,256 | +250% |
| Gross operating margin | 9900 | €135,796 | €146,006 | +€10,211 | +7.5% |
| Operating profit (loss) | 9901 | €127,899 | €135,854 | +€7,954 | +6.2% |
| Financial income | 75/76B | €414 | - | -€414 | |
| Recurring financial income | 75 | €414 | - | -€414 | |
| Financial charges | 65/66B | €1,021 | €749 | -€272 | -26.7% |
| Recurring financial charges | 65 | €1,021 | €749 | -€272 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €127,292 | €135,105 | +€7,813 | +6.1% |
| Income taxes | 67/77 | €29,215 | €25,785 | -€3,430 | -11.7% |
| Profit (loss) for the period | 9904 | €98,078 | €109,320 | +€11,242 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €98,078 | €109,320 | +€11,242 | +11.5% |
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.