Hoornaert Conseil: 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.
Hoornaert Conseil
Largest movements
- Cash +€14,690
up €14,690 (+120%), from €12,255 to €26,945
mainly Net result for the year (+€18,702) and Tax, wage and social debts (+€6,103)
- Tangible fixed assets +€2,516
up €2,516 (+260%), from €967 to €3,483
of which Furniture and vehicles: +€1,572
- Deferred charges and accrued income +€2,262
new in 2025: €2,262
- Profit (loss) carried forward +€16,202
up €16,202 (+138%), from €11,713 to €27,915
- Tax, wage and social debts +€6,103
up €6,103 (+98.6%), from €6,186 to €12,289
- Other debts -€5,730
down €5,730 (-79.3%), from €7,223 to €1,493
- Trade debts +€2,511
new in 2025: €2,511
- Turnover +€74,540
new in 2025: €74,540
- Purchases and services +€51,370
new in 2025: €51,370
- Gross operating margin +€9,033
up €9,033 (+57.1%), from €15,823 to €24,857
- Financial charges +€5,240
up €5,240 (+52,404,500%), from €0 to €5,240
of which Non-recurring financial charges: +€5,182
- Taxes -€3,282
no longer reported in 2025 (was €3,282)
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 | €26,622 | €45,707 | +€19,085 | +71.7% |
| Fixed assets | 21/28 | €967 | €3,483 | +€2,516 | +260% |
| Tangible fixed assets | 22/27 | €967 | €3,483 | +€2,516 | +260% |
| Plant, machinery and equipment | 23 | - | €944 | +€944 | |
| Furniture and vehicles | 24 | €967 | €2,539 | +€1,572 | +163% |
| Current assets | 29/58 | €25,655 | €42,225 | +€16,569 | +64.6% |
| Amounts receivable within one year | 40/41 | €13,401 | €13,018 | -€383 | -2.9% |
| Trade receivables | 40 | €13,401 | €13,018 | -€383 | -2.9% |
| Cash at bank and in hand | 54/58 | €12,255 | €26,945 | +€14,690 | +120% |
| Deferred charges and accrued income | 490/1 | - | €2,262 | +€2,262 | |
| Total equity and liabilities | 10/49 | €26,622 | €45,707 | +€19,085 | +71.7% |
| Equity | 10/15 | €13,213 | €29,415 | +€16,202 | +123% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,713 | €27,915 | +€16,202 | +138% |
| Amounts payable | 17/49 | €13,409 | €16,292 | +€2,883 | +21.5% |
| Amounts payable within one year | 42/48 | €13,409 | €16,292 | +€2,883 | +21.5% |
| Trade debts | 44 | - | €2,511 | +€2,511 | |
| Suppliers | 440/4 | - | €2,511 | +€2,511 | |
| Taxes, remuneration and social security | 45 | €6,186 | €12,289 | +€6,103 | +98.6% |
| Taxes | 450/3 | €6,186 | €12,289 | +€6,103 | +98.6% |
| Other amounts payable | 47/48 | €7,223 | €1,493 | -€5,730 | -79.3% |
| Turnover | 70 | - | €74,540 | +€74,540 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €51,370 | +€51,370 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29 | €751 | +€722 | +2,482% |
| Other operating charges | 640/8 | - | €162 | +€162 | |
| Gross operating margin | 9900 | €15,823 | €24,857 | +€9,033 | +57.1% |
| Operating profit (loss) | 9901 | €15,794 | €23,943 | +€8,149 | +51.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €0 | €5,240 | +€5,240 | +52,404,500% |
| Recurring financial charges | 65 | €0 | €58 | +€58 | +583,800% |
| Non-recurring financial charges | 66B | - | €5,182 | +€5,182 | |
| Profit (loss) for the period before taxes | 9903 | €15,794 | €18,702 | +€2,908 | +18.4% |
| Income taxes | 67/77 | €3,282 | - | -€3,282 | |
| Profit (loss) for the period | 9904 | €12,513 | €18,702 | +€6,190 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,513 | €18,702 | +€6,190 | +49.5% |
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 23 October 2026 via checked.be.