HRV 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.
HRV Consulting
Largest movements
- Cash +€17,386
up €17,386 (+35.9%), from €48,471 to €65,857
mainly Net result for the year (+€40,185) and Depreciation (+€149)
- Receivables after one year +€12,000
new in 2025: €12,000
- Receivables within one year +€9,318
up €9,318 (+80.9%), from €11,519 to €20,837
of which Other amounts receivable: +€5,591
- Tangible fixed assets +€1,247
new in 2025: €1,247
- Profit (loss) carried forward +€40,185
up €40,185 (+110%), from €36,544 to €76,728
- Gross operating margin +€5,285
up €5,285 (+11.4%), from €46,240 to €51,525
- Taxes +€993
up €993 (+10.4%), from €9,579 to €10,572
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 | €61,867 | €101,975 | +€40,108 | +64.8% |
| Fixed assets | 21/28 | - | €1,247 | +€1,247 | |
| Tangible fixed assets | 22/27 | - | €1,247 | +€1,247 | |
| Plant, machinery and equipment | 23 | - | €1,247 | +€1,247 | |
| Current assets | 29/58 | €61,867 | €100,728 | +€38,861 | +62.8% |
| Amounts receivable after more than one year | 29 | - | €12,000 | +€12,000 | |
| Other amounts receivable | 291 | - | €12,000 | +€12,000 | |
| Amounts receivable within one year | 40/41 | €11,519 | €20,837 | +€9,318 | +80.9% |
| Trade receivables | 40 | €11,519 | €15,246 | +€3,727 | +32.4% |
| Other amounts receivable | 41 | - | €5,591 | +€5,591 | |
| Cash at bank and in hand | 54/58 | €48,471 | €65,857 | +€17,386 | +35.9% |
| Deferred charges and accrued income | 490/1 | €1,877 | €2,034 | +€157 | +8.3% |
| Total equity and liabilities | 10/49 | €61,867 | €101,975 | +€40,108 | +64.8% |
| Equity | 10/15 | €39,044 | €79,228 | +€40,185 | +103% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,544 | €76,728 | +€40,185 | +110% |
| Amounts payable | 17/49 | €22,823 | €22,746 | -€77 | -0.3% |
| Amounts payable within one year | 42/48 | €22,823 | €22,746 | -€77 | -0.3% |
| Trade debts | 44 | €1,548 | €1,609 | +€62 | +4.0% |
| Suppliers | 440/4 | €1,548 | €1,609 | +€62 | +4.0% |
| Taxes, remuneration and social security | 45 | €21,276 | €21,137 | -€139 | -0.7% |
| Taxes | 450/3 | €21,276 | €21,137 | -€139 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €149 | +€149 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €46,240 | €51,525 | +€5,285 | +11.4% |
| Operating profit (loss) | 9901 | €46,122 | €51,256 | +€5,133 | +11.1% |
| Financial charges | 65/66B | - | €499 | +€499 | |
| Recurring financial charges | 65 | - | €499 | +€499 | |
| Profit (loss) for the period before taxes | 9903 | €46,122 | €50,756 | +€4,634 | +10.0% |
| Income taxes | 67/77 | €9,579 | €10,572 | +€993 | +10.4% |
| Profit (loss) for the period | 9904 | €36,544 | €40,185 | +€3,641 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,544 | €40,185 | +€3,641 | +10.0% |
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 14 October 2026 via checked.be.