HOGEN 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.
HOGEN CONSULTING
Largest movements
- Receivables within one year -€13,768
down €13,768 (-16.9%), from €81,591 to €67,823
of which Other amounts receivable: -€9,836
- Tangible fixed assets +€4,150
up €4,150 (+430%), from €965 to €5,115
- Profit (loss) carried forward -€10,767
down €10,767 (-14.4%), from €74,815 to €64,048
- Trade debts +€1,292
up €1,292 (+44.9%), from €2,874 to €4,166
- Tax, wage and social debts +€867
up €867 (+49.9%), from €1,738 to €2,605
- Other operating charges +€6,177
up €6,177 (+217%), from €2,844 to €9,021
- Depreciation +€1,638
up €1,638 (+135%), from €1,211 to €2,850
- Financial income -€768
down €768 (-22.8%), from €3,363 to €2,595
- Gross operating margin -€745
down €745 (-140%), from -€532 to -€1,276
- Financial charges -€336
down €336 (-73.9%), from €455 to €118
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 | €82,693 | €73,319 | -€9,373 | -11.3% |
| Fixed assets | 21/28 | €965 | €5,115 | +€4,150 | +430% |
| Tangible fixed assets | 22/27 | €965 | €5,115 | +€4,150 | +430% |
| Furniture and vehicles | 24 | €965 | €5,115 | +€4,150 | +430% |
| Current assets | 29/58 | €81,728 | €68,204 | -€13,524 | -16.5% |
| Amounts receivable within one year | 40/41 | €81,591 | €67,823 | -€13,768 | -16.9% |
| Trade receivables | 40 | €28,039 | €24,107 | -€3,932 | -14.0% |
| Other amounts receivable | 41 | €53,551 | €43,715 | -€9,836 | -18.4% |
| Cash at bank and in hand | 54/58 | - | €381 | +€381 | |
| Deferred charges and accrued income | 490/1 | €137 | - | -€137 | |
| Total equity and liabilities | 10/49 | €82,693 | €73,319 | -€9,373 | -11.3% |
| Equity | 10/15 | €77,315 | €66,548 | -€10,767 | -13.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,815 | €64,048 | -€10,767 | -14.4% |
| Amounts payable | 17/49 | €5,378 | €6,771 | +€1,393 | +25.9% |
| Amounts payable within one year | 42/48 | €5,378 | €6,771 | +€1,393 | +25.9% |
| Financial debts | 43 | €766 | - | -€766 | |
| Credit institutions | 430/8 | €766 | - | -€766 | |
| Trade debts | 44 | €2,874 | €4,166 | +€1,292 | +44.9% |
| Suppliers | 440/4 | €2,874 | €4,166 | +€1,292 | +44.9% |
| Taxes, remuneration and social security | 45 | €1,738 | €2,605 | +€867 | +49.9% |
| Taxes | 450/3 | €1,738 | €2,605 | +€867 | +49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,211 | €2,850 | +€1,638 | +135% |
| Other operating charges | 640/8 | €2,844 | €9,021 | +€6,177 | +217% |
| Gross operating margin | 9900 | -€532 | -€1,276 | -€745 | -140% |
| Operating profit (loss) | 9901 | -€4,587 | -€13,147 | -€8,560 | -187% |
| Financial income | 75/76B | €3,363 | €2,595 | -€768 | -22.8% |
| Recurring financial income | 75 | €3,363 | €2,595 | -€768 | -22.8% |
| Financial charges | 65/66B | €455 | €118 | -€336 | -73.9% |
| Recurring financial charges | 65 | €455 | €118 | -€336 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,679 | -€10,670 | -€8,992 | -536% |
| Income taxes | 67/77 | €404 | €96 | -€308 | -76.2% |
| Profit (loss) for the period | 9904 | -€2,083 | -€10,767 | -€8,684 | -417% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,083 | -€10,767 | -€8,684 | -417% |
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.