Hoxton Consultancy: 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.
Hoxton Consultancy
Largest movements
- Cash -€159,672
down €159,672 (-52.1%), from €306,592 to €146,920
mainly Contributions, distributions and other (-€434,794) and Tax, wage and social debts (-€37,811)
- Receivables within one year -€45,324
down €45,324 (-57.7%), from €78,542 to €33,217
of which Other amounts receivable: -€51,465
- Tangible fixed assets -€4,589
down €4,589 (-24.9%), from €18,405 to €13,816
- Profit (loss) carried forward -€334,016
no longer reported in 2025 (was €334,016)
- Other debts +€162,573
up €162,573 (+1,961%), from €8,289 to €170,862
- Tax, wage and social debts -€37,811
down €37,811 (-65.2%), from €58,013 to €20,201
- Gross operating margin -€21,622
down €21,622 (-13.2%), from €164,413 to €142,792
- Taxes -€4,302
down €4,302 (-12.0%), from €35,850 to €31,548
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 | €403,694 | €193,953 | -€209,740 | -52.0% |
| Fixed assets | 21/28 | €18,405 | €13,816 | -€4,589 | -24.9% |
| Tangible fixed assets | 22/27 | €18,405 | €13,816 | -€4,589 | -24.9% |
| Plant, machinery and equipment | 23 | €18,405 | €13,816 | -€4,589 | -24.9% |
| Current assets | 29/58 | €385,289 | €180,138 | -€205,151 | -53.2% |
| Amounts receivable within one year | 40/41 | €78,542 | €33,217 | -€45,324 | -57.7% |
| Trade receivables | 40 | €23,542 | €29,682 | +€6,140 | +26.1% |
| Other amounts receivable | 41 | €55,000 | €3,535 | -€51,465 | -93.6% |
| Cash at bank and in hand | 54/58 | €306,592 | €146,920 | -€159,672 | -52.1% |
| Deferred charges and accrued income | 490/1 | €155 | - | -€155 | |
| Total equity and liabilities | 10/49 | €403,694 | €193,953 | -€209,740 | -52.0% |
| Equity | 10/15 | €336,016 | €2,000 | -€334,016 | -99.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €334,016 | - | -€334,016 | |
| Amounts payable | 17/49 | €67,677 | €191,953 | +€124,276 | +184% |
| Amounts payable within one year | 42/48 | €67,677 | €191,953 | +€124,276 | +184% |
| Trade debts | 44 | €1,376 | €890 | -€486 | -35.3% |
| Suppliers | 440/4 | €1,376 | €890 | -€486 | -35.3% |
| Taxes, remuneration and social security | 45 | €58,013 | €20,201 | -€37,811 | -65.2% |
| Taxes | 450/3 | €58,013 | €20,201 | -€37,811 | -65.2% |
| Other amounts payable | 47/48 | €8,289 | €170,862 | +€162,573 | +1,961% |
| Non-recurring operating income | 76A | - | €2,927 | +€2,927 | |
| Remuneration, social security and pensions | 62 | - | €289 | +€289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,163 | €4,589 | +€426 | +10.2% |
| Other operating charges | 640/8 | €2,644 | €3,972 | +€1,329 | +50.3% |
| Gross operating margin | 9900 | €164,413 | €142,792 | -€21,622 | -13.2% |
| Operating profit (loss) | 9901 | €157,607 | €133,942 | -€23,665 | -15.0% |
| Financial charges | 65/66B | €822 | €1,616 | +€794 | +96.5% |
| Recurring financial charges | 65 | €822 | €1,616 | +€794 | +96.5% |
| Profit (loss) for the period before taxes | 9903 | €156,784 | €132,326 | -€24,458 | -15.6% |
| Income taxes | 67/77 | €35,850 | €31,548 | -€4,302 | -12.0% |
| Profit (loss) for the period | 9904 | €120,935 | €100,778 | -€20,157 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €120,935 | €100,778 | -€20,157 | -16.7% |
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.