HR LEADS2SUCCESS: what changed
What changed
HR LEADS2SUCCESS
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€24,585
2024 · €42,612-€18,027
Equity
€201,971
2024 · €188,336+€13,634
Cash
€172,748
2024 · €159,979+€12,769
Balance sheet total
€241,722
2024 · €237,931+€3,791
Largest movements
Assets
- Tangible fixed assets -€13,429
down €13,429 (-23.0%), from €58,378 to €44,949
of which Furniture and vehicles: -€12,932
- Cash +€12,769
up €12,769 (+8.0%), from €159,979 to €172,748
mainly Net result for the year (+€24,585) and Depreciation (+€14,304)
- Receivables within one year +€4,649
up €4,649 (+29.1%), from €15,964 to €20,613
of which Other amounts receivable: +€3,845
Equity and liabilities
- Reserves +€13,634
up €13,634 (+8.0%), from €169,736 to €183,371
- Debts after one year -€10,324
down €10,324 (-31.0%), from €33,276 to €22,951
Income statement
- Gross operating margin -€23,478
down €23,478 (-31.6%), from €74,359 to €50,881
- Taxes -€10,844
down €10,844 (-51.9%), from €20,909 to €10,065
- Provisions +€5,702
up €5,702, from -€5,702 to €0
- Financial charges -€919
down €919 (-32.8%), from €2,806 to €1,887
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€42,612
Gross operating margin
-€23,478
Depreciation
-€537
Provisions
-€5,702
Other operating charges
+€18
Financial income
-€92
Financial charges
+€919
Taxes
+€10,844
Result 2025
€24,585
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€34,495
Investment
-€875
Financing
-€20,851
Cash 2024
€159,979
From operations (derived)
+€34,495
Net result for the year
+€24,585
Depreciation
+€14,304
Receivables within one year
-€4,649
Deferred charges and accrued income
+€198
Trade debts
-€245
Tax, wage and social debts
+€83
Other debts
+€429
Accrued charges and deferred income
-€210
Investment (derived)
-€875
Investment in fixed assets (net)
-€875
Financing
-€20,851
Debts after one year
-€10,324
Current portion of long-term debt
+€424
Contributions, distributions and other
-€10,951
Cash 2025
€172,748
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €237,931 | €241,722 | +€3,791 | +1.6% |
| Fixed assets | 21/28 | €59,038 | €45,609 | -€13,429 | -22.7% |
| Tangible fixed assets | 22/27 | €58,378 | €44,949 | -€13,429 | -23.0% |
| Land and buildings | 22 | €2,612 | €2,202 | -€409 | -15.7% |
| Plant, machinery and equipment | 23 | €4,241 | €4,154 | -€88 | -2.1% |
| Furniture and vehicles | 24 | €51,525 | €38,593 | -€12,932 | -25.1% |
| Financial fixed assets | 28 | €660 | €660 | = | 0.0% |
| Current assets | 29/58 | €178,893 | €196,114 | +€17,221 | +9.6% |
| Amounts receivable within one year | 40/41 | €15,964 | €20,613 | +€4,649 | +29.1% |
| Trade receivables | 40 | €12,115 | €12,919 | +€805 | +6.6% |
| Other amounts receivable | 41 | €3,849 | €7,694 | +€3,845 | +99.9% |
| Cash at bank and in hand | 54/58 | €159,979 | €172,748 | +€12,769 | +8.0% |
| Deferred charges and accrued income | 490/1 | €2,951 | €2,753 | -€198 | -6.7% |
| Total equity and liabilities | 10/49 | €237,931 | €241,722 | +€3,791 | +1.6% |
| Equity | 10/15 | €188,336 | €201,971 | +€13,634 | +7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €169,736 | €183,371 | +€13,634 | +8.0% |
| Distributable reserves | 133 | €169,736 | €183,371 | +€13,634 | +8.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Amounts payable | 17/49 | €49,594 | €39,752 | -€9,843 | -19.8% |
| Amounts payable after more than one year | 17 | €33,276 | €22,951 | -€10,324 | -31.0% |
| Financial debts | 170/4 | €33,276 | €22,951 | -€10,324 | -31.0% |
| Amounts payable within one year | 42/48 | €16,097 | €16,789 | +€692 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €9,900 | €10,324 | +€424 | +4.3% |
| Trade debts | 44 | €867 | €622 | -€245 | -28.3% |
| Suppliers | 440/4 | €867 | €622 | -€245 | -28.3% |
| Taxes, remuneration and social security | 45 | €3,040 | €3,123 | +€83 | +2.7% |
| Taxes | 450/3 | €3,040 | €3,123 | +€83 | +2.7% |
| Other amounts payable | 47/48 | €2,291 | €2,720 | +€429 | +18.7% |
| Accrued charges and deferred income | 492/3 | €221 | €11 | -€210 | -94.9% |
| Non-recurring operating income | 76A | €22,231 | €0 | -€22,231 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,767 | €14,304 | +€537 | +3.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€5,702 | €0 | +€5,702 | |
| Other operating charges | 640/8 | €918 | €900 | -€18 | -2.0% |
| Gross operating margin | 9900 | €74,359 | €50,881 | -€23,478 | -31.6% |
| Operating profit (loss) | 9901 | €65,375 | €35,676 | -€29,699 | -45.4% |
| Financial income | 75/76B | €953 | €861 | -€92 | -9.6% |
| Recurring financial income | 75 | €953 | €861 | -€92 | -9.6% |
| Financial charges | 65/66B | €2,806 | €1,887 | -€919 | -32.8% |
| Recurring financial charges | 65 | €2,806 | €1,887 | -€919 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €63,521 | €34,650 | -€28,871 | -45.5% |
| Income taxes | 67/77 | €20,909 | €10,065 | -€10,844 | -51.9% |
| Profit (loss) for the period | 9904 | €42,612 | €24,585 | -€18,027 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,612 | €24,585 | -€18,027 | -42.3% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.