HP 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.
HP CONSEIL
Largest movements
- Receivables after one year +€55,000
new in 2024: €55,000
- Receivables within one year -€38,352
down €38,352 (-32.2%), from €119,056 to €80,704
of which Other amounts receivable: -€43,468
- Cash -€38,125
down €38,125 (-65.4%), from €58,318 to €20,193
mainly Debts after one year (-€84,457) and Receivables after one year (-€55,000)
- Intangible fixed assets -€24,030
down €24,030 (-18.9%), from €127,089 to €103,059
- Tangible fixed assets -€16,290
down €16,290 (-2.7%), from €603,726 to €587,435
of which Land and buildings: -€28,092
- Debts after one year -€84,457
down €84,457 (-19.6%), from €430,556 to €346,099
- Trade debts +€16,499
up €16,499 (+82.8%), from €19,936 to €36,436
- Profit (loss) carried forward +€15,702
up €15,702 (+15.9%), from €98,610 to €114,312
- Gross operating margin -€9,835
down €9,835 (-5.1%), from €194,064 to €184,229
- Financial income +€3,665
up €3,665 (+607%), from €604 to €4,269
- Financial charges -€3,513
down €3,513 (-23.9%), from €14,711 to €11,198
of which Non-recurring financial charges: -€8,068
- Taxes -€3,507
down €3,507 (-15.9%), from €22,126 to €18,618
- Staff costs +€2,246
up €2,246 (+3.1%), from €73,265 to €75,511
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €910,614 | €850,559 | -€60,055 | -6.6% |
| Fixed assets | 21/28 | €730,815 | €690,495 | -€40,320 | -5.5% |
| Intangible fixed assets | 21 | €127,089 | €103,059 | -€24,030 | -18.9% |
| Tangible fixed assets | 22/27 | €603,726 | €587,435 | -€16,290 | -2.7% |
| Land and buildings | 22 | €594,174 | €566,081 | -€28,092 | -4.7% |
| Plant, machinery and equipment | 23 | €756 | - | -€756 | |
| Furniture and vehicles | 24 | €8,796 | €21,354 | +€12,558 | +143% |
| Current assets | 29/58 | €179,799 | €160,064 | -€19,734 | -11.0% |
| Amounts receivable after more than one year | 29 | - | €55,000 | +€55,000 | |
| Other amounts receivable | 291 | - | €55,000 | +€55,000 | |
| Amounts receivable within one year | 40/41 | €119,056 | €80,704 | -€38,352 | -32.2% |
| Trade receivables | 40 | €60,056 | €65,172 | +€5,115 | +8.5% |
| Other amounts receivable | 41 | €59,000 | €15,532 | -€43,468 | -73.7% |
| Cash at bank and in hand | 54/58 | €58,318 | €20,193 | -€38,125 | -65.4% |
| Deferred charges and accrued income | 490/1 | €2,425 | €4,168 | +€1,743 | +71.9% |
| Total equity and liabilities | 10/49 | €910,614 | €850,559 | -€60,055 | -6.6% |
| Equity | 10/15 | €356,978 | €372,680 | +€15,702 | +4.4% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €252,118 | €252,118 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €250,258 | €250,258 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,610 | €114,312 | +€15,702 | +15.9% |
| Amounts payable | 17/49 | €553,636 | €477,879 | -€75,757 | -13.7% |
| Amounts payable after more than one year | 17 | €430,556 | €346,099 | -€84,457 | -19.6% |
| Financial debts | 170/4 | €430,556 | €346,099 | -€84,457 | -19.6% |
| Amounts payable within one year | 42/48 | €100,799 | €115,179 | +€14,379 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €44,323 | €47,134 | +€2,811 | +6.3% |
| Trade debts | 44 | €19,936 | €36,436 | +€16,499 | +82.8% |
| Suppliers | 440/4 | €19,936 | €36,436 | +€16,499 | +82.8% |
| Taxes, remuneration and social security | 45 | €36,540 | €31,610 | -€4,931 | -13.5% |
| Taxes | 450/3 | €14,536 | €10,744 | -€3,792 | -26.1% |
| Remuneration and social security | 454/9 | €22,004 | €20,865 | -€1,139 | -5.2% |
| Accrued charges and deferred income | 492/3 | €22,280 | €16,601 | -€5,679 | -25.5% |
| Remuneration, social security and pensions | 62 | €73,265 | €75,511 | +€2,246 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,028 | €63,298 | +€270 | +0.4% |
| Other operating charges | 640/8 | €2,285 | €3,048 | +€763 | +33.4% |
| Non-recurring operating charges | 66A | - | €1,123 | +€1,123 | |
| Gross operating margin | 9900 | €194,064 | €184,229 | -€9,835 | -5.1% |
| Operating profit (loss) | 9901 | €55,487 | €41,249 | -€14,238 | -25.7% |
| Financial income | 75/76B | €604 | €4,269 | +€3,665 | +607% |
| Recurring financial income | 75 | €604 | €4,269 | +€3,665 | +607% |
| Financial charges | 65/66B | €14,711 | €11,198 | -€3,513 | -23.9% |
| Recurring financial charges | 65 | €6,643 | €11,198 | +€4,555 | +68.6% |
| Non-recurring financial charges | 66B | €8,068 | - | -€8,068 | |
| Profit (loss) for the period before taxes | 9903 | €41,380 | €34,320 | -€7,059 | -17.1% |
| Income taxes | 67/77 | €22,126 | €18,618 | -€3,507 | -15.9% |
| Profit (loss) for the period | 9904 | €19,254 | €15,702 | -€3,552 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,254 | €15,702 | -€3,552 | -18.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.