HRE 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.
HRE CONSULTING
Largest movements
- Cash +€33,107
up €33,107 (+157%), from €21,045 to €54,152
mainly Net result for the year (+€31,488) and Other debts (+€15,882)
- Tangible fixed assets -€12,181
down €12,181 (-32.8%), from €37,158 to €24,977
of which Furniture and vehicles: -€11,775
- Receivables within one year -€2,841
down €2,841 (-7.1%), from €39,740 to €36,899
of which Other amounts receivable: -€3,860
- Other debts +€15,882
up €15,882 (+112%), from €14,118 to €30,000
- Tax, wage and social debts +€5,604
up €5,604 (+53.7%), from €10,443 to €16,047
of which Taxes: +€3,604
- Profit (loss) carried forward -€3,806
down €3,806 (-6.8%), from €55,679 to €51,873
- Gross operating margin +€25,868
up €25,868 (+98.2%), from €26,345 to €52,213
- Taxes +€5,324
up €5,324 (+177%), from €3,004 to €8,328
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 | €100,700 | €118,923 | +€18,223 | +18.1% |
| Fixed assets | 21/28 | €37,158 | €24,977 | -€12,181 | -32.8% |
| Tangible fixed assets | 22/27 | €37,158 | €24,977 | -€12,181 | -32.8% |
| Plant, machinery and equipment | 23 | €1,655 | €1,248 | -€407 | -24.6% |
| Furniture and vehicles | 24 | €35,503 | €23,728 | -€11,775 | -33.2% |
| Current assets | 29/58 | €63,542 | €93,946 | +€30,404 | +47.8% |
| Amounts receivable within one year | 40/41 | €39,740 | €36,899 | -€2,841 | -7.1% |
| Trade receivables | 40 | €30,280 | €31,299 | +€1,019 | +3.4% |
| Other amounts receivable | 41 | €9,460 | €5,600 | -€3,860 | -40.8% |
| Cash at bank and in hand | 54/58 | €21,045 | €54,152 | +€33,107 | +157% |
| Deferred charges and accrued income | 490/1 | €2,757 | €2,895 | +€138 | +5.0% |
| Total equity and liabilities | 10/49 | €100,700 | €118,923 | +€18,223 | +18.1% |
| Equity | 10/15 | €76,139 | €72,333 | -€3,806 | -5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,679 | €51,873 | -€3,806 | -6.8% |
| Amounts payable | 17/49 | €24,561 | €46,590 | +€22,029 | +89.7% |
| Amounts payable within one year | 42/48 | €24,561 | €46,590 | +€22,029 | +89.7% |
| Trade debts | 44 | - | €543 | +€543 | |
| Suppliers | 440/4 | - | €543 | +€543 | |
| Taxes, remuneration and social security | 45 | €10,443 | €16,047 | +€5,604 | +53.7% |
| Taxes | 450/3 | €10,443 | €14,047 | +€3,604 | +34.5% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €14,118 | €30,000 | +€15,882 | +112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,780 | €12,181 | +€401 | +3.4% |
| Other operating charges | 640/8 | - | €101 | +€101 | |
| Gross operating margin | 9900 | €26,345 | €52,213 | +€25,868 | +98.2% |
| Operating profit (loss) | 9901 | €14,565 | €39,932 | +€25,367 | +174% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €154 | €116 | -€38 | -24.8% |
| Recurring financial charges | 65 | €154 | €116 | -€38 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €14,411 | €39,816 | +€25,405 | +176% |
| Income taxes | 67/77 | €3,004 | €8,328 | +€5,324 | +177% |
| Profit (loss) for the period | 9904 | €11,407 | €31,488 | +€20,081 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €11,407 | €31,488 | +€20,081 | +176% |
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 19 October 2026 via checked.be.