HR & Payroll 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.
HR & Payroll Consulting
Largest movements
- Cash +€23,036
up €23,036 (+309%), from €7,458 to €30,494
mainly Net result for the year (+€83,586) and Receivables within one year (+€20,588)
- Receivables within one year -€20,588
down €20,588 (-55.6%), from €37,020 to €16,432
of which Trade receivables: -€11,933
- Tangible fixed assets +€13,670
up €13,670 (+333%), from €4,103 to €17,773
- Deferred charges and accrued income -€2,178
down €2,178 (-59.3%), from €3,671 to €1,492
- Profit (loss) carried forward +€83,586
up €83,586 (+75.5%), from -€110,670 to -€27,084
- Provisions -€53,648
down €53,648 (-100%), from €53,648 to €0
- Other debts -€16,242
down €16,242 (-18.5%), from €87,900 to €71,658
- Financial charges -€59,531
down €59,531 (-99.0%), from €60,138 to €606
- Provisions -€51,703
down €51,703 (-2,659%), from -€1,945 to -€53,648
- Gross operating margin +€17,932
up €17,932 (+107%), from €16,718 to €34,650
- Depreciation -€352
down €352 (-13.0%), from €2,705 to €2,353
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 | €52,252 | €66,191 | +€13,939 | +26.7% |
| Fixed assets | 21/28 | €4,103 | €17,773 | +€13,670 | +333% |
| Tangible fixed assets | 22/27 | €4,103 | €17,773 | +€13,670 | +333% |
| Furniture and vehicles | 24 | €4,103 | €17,773 | +€13,670 | +333% |
| Current assets | 29/58 | €48,149 | €48,418 | +€269 | +0.6% |
| Amounts receivable within one year | 40/41 | €37,020 | €16,432 | -€20,588 | -55.6% |
| Trade receivables | 40 | €28,365 | €16,432 | -€11,933 | -42.1% |
| Other amounts receivable | 41 | €8,655 | €0 | -€8,655 | -100% |
| Cash at bank and in hand | 54/58 | €7,458 | €30,494 | +€23,036 | +309% |
| Deferred charges and accrued income | 490/1 | €3,671 | €1,492 | -€2,178 | -59.3% |
| Total equity and liabilities | 10/49 | €52,252 | €66,191 | +€13,939 | +26.7% |
| Equity | 10/15 | -€91,645 | -€8,059 | +€83,586 | +91.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,025 | €16,025 | = | 0.0% |
| Distributable reserves | 133 | €16,025 | €16,025 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,670 | -€27,084 | +€83,586 | +75.5% |
| Provisions and deferred taxes | 16 | €53,648 | €0 | -€53,648 | -100% |
| Provisions for liabilities and charges | 160/5 | €53,648 | €0 | -€53,648 | -100% |
| Other liabilities and charges | 164/5 | €53,648 | €0 | -€53,648 | -100% |
| Amounts payable | 17/49 | €90,249 | €74,250 | -€15,999 | -17.7% |
| Amounts payable within one year | 42/48 | €90,249 | €74,110 | -€16,139 | -17.9% |
| Trade debts | 44 | €740 | €888 | +€148 | +19.9% |
| Suppliers | 440/4 | €740 | €888 | +€148 | +19.9% |
| Taxes, remuneration and social security | 45 | €1,609 | €1,564 | -€45 | -2.8% |
| Taxes | 450/3 | €1,609 | €1,564 | -€45 | -2.8% |
| Other amounts payable | 47/48 | €87,900 | €71,658 | -€16,242 | -18.5% |
| Accrued charges and deferred income | 492/3 | - | €140 | +€140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,705 | €2,353 | -€352 | -13.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,945 | -€53,648 | -€51,703 | -2,659% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | - | €990 | +€990 | |
| Gross operating margin | 9900 | €16,718 | €34,650 | +€17,932 | +107% |
| Operating profit (loss) | 9901 | €15,570 | €84,556 | +€68,986 | +443% |
| Financial income | 75/76B | €1 | €0 | -€1 | -83.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -83.6% |
| Financial charges | 65/66B | €60,138 | €606 | -€59,531 | -99.0% |
| Recurring financial charges | 65 | €60,138 | €606 | -€59,531 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | -€44,567 | €83,949 | +€128,516 | |
| Income taxes | 67/77 | €345 | €364 | +€19 | +5.5% |
| Profit (loss) for the period | 9904 | -€44,912 | €83,586 | +€128,497 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,912 | €83,586 | +€128,497 |
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 30 October 2026 via checked.be.