HOZAY 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.
HOZAY CONSULTING
Largest movements
- Cash +€8,665
up €8,665 (+10.3%), from €83,769 to €92,435
mainly Depreciation (+€15,090) and Deferred charges and accrued income (+€6,410)
- Tangible fixed assets -€7,578
down €7,578 (-26.9%), from €28,127 to €20,548
of which Furniture and vehicles: -€13,144
- Deferred charges and accrued income -€6,410
down €6,410 (-96.0%), from €6,679 to €270
- Current portion of long-term debt -€7,960
no longer reported in 2025 (was €7,960)
- Trade debts +€1,653
up €1,653 (+26.4%), from €6,267 to €7,920
- Other debts +€1,386
up €1,386 (+3.6%), from €38,382 to €39,769
- Financial charges +€56,650
up €56,650 (+7,515%), from €754 to €57,404
- Gross operating margin +€11,860
up €11,860 (+19.6%), from €60,558 to €72,418
- Taxes -€9,170
down €9,170 (-95.1%), from €9,646 to €476
- Depreciation +€1,094
up €1,094 (+7.8%), from €13,996 to €15,090
- Other operating charges +€919
up €919 (+93.5%), from €983 to €1,902
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 | €135,911 | €130,634 | -€5,277 | -3.9% |
| Fixed assets | 21/28 | €28,727 | €21,148 | -€7,578 | -26.4% |
| Tangible fixed assets | 22/27 | €28,127 | €20,548 | -€7,578 | -26.9% |
| Furniture and vehicles | 24 | €25,757 | €12,612 | -€13,144 | -51.0% |
| Other tangible fixed assets | 26 | €2,370 | €7,936 | +€5,566 | +235% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €107,184 | €109,485 | +€2,301 | +2.1% |
| Amounts receivable within one year | 40/41 | €16,736 | €16,781 | +€45 | +0.3% |
| Trade receivables | 40 | €14,086 | - | -€14,086 | |
| Other amounts receivable | 41 | €2,649 | €16,781 | +€14,131 | +533% |
| Cash at bank and in hand | 54/58 | €83,769 | €92,435 | +€8,665 | +10.3% |
| Deferred charges and accrued income | 490/1 | €6,679 | €270 | -€6,410 | -96.0% |
| Total equity and liabilities | 10/49 | €135,911 | €130,634 | -€5,277 | -3.9% |
| Equity | 10/15 | €78,390 | €78,214 | -€176 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,655 | €24,655 | = | 0.0% |
| Distributable reserves | 133 | €24,655 | €24,655 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,134 | €34,958 | -€176 | -0.5% |
| Amounts payable | 17/49 | €57,521 | €52,420 | -€5,101 | -8.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €56,986 | €52,420 | -€4,566 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €7,960 | - | -€7,960 | |
| Trade debts | 44 | €6,267 | €7,920 | +€1,653 | +26.4% |
| Suppliers | 440/4 | €6,267 | €7,920 | +€1,653 | +26.4% |
| Taxes, remuneration and social security | 45 | €4,377 | €4,731 | +€354 | +8.1% |
| Taxes | 450/3 | €4,377 | €4,731 | +€354 | +8.1% |
| Other amounts payable | 47/48 | €38,382 | €39,769 | +€1,386 | +3.6% |
| Accrued charges and deferred income | 492/3 | €535 | - | -€535 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,996 | €15,090 | +€1,094 | +7.8% |
| Other operating charges | 640/8 | €983 | €1,902 | +€919 | +93.5% |
| Non-recurring operating charges | 66A | €71 | - | -€71 | |
| Gross operating margin | 9900 | €60,558 | €72,418 | +€11,860 | +19.6% |
| Operating profit (loss) | 9901 | €45,508 | €55,426 | +€9,919 | +21.8% |
| Financial income | 75/76B | €27 | €312 | +€285 | +1,073% |
| Recurring financial income | 75 | €27 | €312 | +€285 | +1,073% |
| Financial charges | 65/66B | €754 | €57,404 | +€56,650 | +7,515% |
| Recurring financial charges | 65 | €754 | €57,404 | +€56,650 | +7,515% |
| Profit (loss) for the period before taxes | 9903 | €44,780 | -€1,665 | -€46,446 | |
| Income taxes | 67/77 | €9,646 | €476 | -€9,170 | -95.1% |
| Profit (loss) for the period | 9904 | €35,134 | -€2,141 | -€37,275 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,134 | -€2,141 | -€37,275 |
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 1 November 2026 via checked.be.