HORUS 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.
HORUS CONSULT
Largest movements
- Receivables within one year +€26,940
up €26,940 (+58.9%), from €45,765 to €72,705
of which Other amounts receivable: +€17,435
- Cash -€15,376
down €15,376 (-94.7%), from €16,232 to €856
mainly Receivables within one year (-€26,940) and Other debts (-€14,681)
- Current investments -€3,049
down €3,049 (-100.0%), from €3,050 to €1
- Profit (loss) carried forward +€16,788
up €16,788 (+261%), from €6,441 to €23,229
- Other debts -€14,681
down €14,681 (-38.3%), from €38,374 to €23,693
- Tax, wage and social debts +€5,229
new in 2023: €5,229
of which Remuneration and social security: +€3,233
- Trade debts +€870
up €870 (+127%), from €686 to €1,556
- Turnover +€15,828
up €15,828 (+79.1%), from €20,000 to €35,828
- Purchases and services +€10,387
up €10,387 (+59.1%), from €17,572 to €27,959
- Gross operating margin +€5,441
up €5,441 (+224%), from €2,428 to €7,869
- Financial income +€2,358
new in 2023: €2,358
- Other operating charges +€1,439
up €1,439 (+337%), from €428 to €1,866
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,960 | €74,167 | +€8,207 | +12.4% |
| Fixed assets | 21/28 | €913 | €605 | -€309 | -33.8% |
| Tangible fixed assets | 22/27 | €888 | €580 | -€309 | -34.7% |
| Land and buildings | 22 | €580 | €580 | -€0 | 0.0% |
| Furniture and vehicles | 24 | €308 | €0 | -€308 | -100% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €65,047 | €73,562 | +€8,515 | +13.1% |
| Amounts receivable within one year | 40/41 | €45,765 | €72,705 | +€26,940 | +58.9% |
| Trade receivables | 40 | €38,127 | €47,632 | +€9,504 | +24.9% |
| Other amounts receivable | 41 | €7,638 | €25,073 | +€17,435 | +228% |
| Current investments | 50/53 | €3,050 | €1 | -€3,049 | -100.0% |
| Cash at bank and in hand | 54/58 | €16,232 | €856 | -€15,376 | -94.7% |
| Total equity and liabilities | 10/49 | €65,960 | €74,167 | +€8,207 | +12.4% |
| Equity | 10/15 | €26,901 | €43,689 | +€16,788 | +62.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €6,441 | €23,229 | +€16,788 | +261% |
| Amounts payable | 17/49 | €39,059 | €30,478 | -€8,581 | -22.0% |
| Amounts payable within one year | 42/48 | €39,059 | €30,478 | -€8,581 | -22.0% |
| Trade debts | 44 | €686 | €1,556 | +€870 | +127% |
| Suppliers | 440/4 | €686 | €1,556 | +€870 | +127% |
| Taxes, remuneration and social security | 45 | - | €5,229 | +€5,229 | |
| Taxes | 450/3 | - | €1,997 | +€1,997 | |
| Remuneration and social security | 454/9 | - | €3,233 | +€3,233 | |
| Other amounts payable | 47/48 | €38,374 | €23,693 | -€14,681 | -38.3% |
| Turnover | 70 | €20,000 | €35,828 | +€15,828 | +79.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €17,572 | €27,959 | +€10,387 | +59.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309 | €309 | -€0 | 0.0% |
| Other operating charges | 640/8 | €428 | €1,866 | +€1,439 | +337% |
| Gross operating margin | 9900 | €2,428 | €7,869 | +€5,441 | +224% |
| Operating profit (loss) | 9901 | €1,692 | €5,694 | +€4,002 | +236% |
| Financial income | 75/76B | - | €2,358 | +€2,358 | |
| Recurring financial income | 75 | - | €2,358 | +€2,358 | |
| Financial charges | 65/66B | €199 | €264 | +€65 | +32.8% |
| Recurring financial charges | 65 | €199 | €264 | +€65 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | €1,494 | €7,788 | +€6,294 | +421% |
| Profit (loss) for the period | 9904 | €1,494 | €7,788 | +€6,294 | +421% |
| Profit (loss) for the period to be appropriated | 9905 | €1,494 | €7,788 | +€6,294 | +421% |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.