HS CONSULT: what changed
Two fiscal 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.
HS CONSULT
Largest movements
- Cash +€19,516
up €19,516 (+19.7%), from €98,945 to €118,461
mainly Net result for the year (+€35,847) and Depreciation (+€9,373)
- Tangible fixed assets -€9,373
down €9,373 (-26.5%), from €35,421 to €26,048
of which Leasing and similar rights: -€8,382
- Reserves +€25,000
up €25,000 (+22.5%), from €111,000 to €136,000
- Trade debts -€12,653
no longer reported in 2025 (was €12,653)
- Debts after one year -€7,000
down €7,000 (-28.2%), from €24,800 to €17,800
- Turnover +€14,766
up €14,766 (+18.7%), from €78,850 to €93,616
- Gross operating margin +€12,382
up €12,382 (+26.2%), from €47,286 to €59,668
- Taxes -€9,008
down €9,008 (-41.2%), from €21,867 to €12,859
- Purchases and services +€2,384
up €2,384 (+7.6%), from €31,564 to €33,948
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.
Cash bridge derived
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 | €312,895 | €320,166 | +€7,271 | +2.3% |
| Fixed assets | 21/28 | €35,446 | €26,073 | -€9,373 | -26.4% |
| Tangible fixed assets | 22/27 | €35,421 | €26,048 | -€9,373 | -26.5% |
| Furniture and vehicles | 24 | €3,642 | €2,651 | -€991 | -27.2% |
| Leasing and similar rights | 25 | €31,779 | €23,397 | -€8,382 | -26.4% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €277,449 | €294,093 | +€16,644 | +6.0% |
| Amounts receivable within one year | 40/41 | €71,516 | €68,559 | -€2,957 | -4.1% |
| Trade receivables | 40 | €6,670 | €9,211 | +€2,541 | +38.1% |
| Other amounts receivable | 41 | €64,846 | €59,348 | -€5,498 | -8.5% |
| Current investments | 50/53 | €105,890 | €105,890 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €98,945 | €118,461 | +€19,516 | +19.7% |
| Deferred charges and accrued income | 490/1 | €1,098 | €1,183 | +€85 | +7.7% |
| Total equity and liabilities | 10/49 | €312,895 | €320,166 | +€7,271 | +2.3% |
| Equity | 10/15 | €262,356 | €288,203 | +€25,847 | +9.9% |
| Contributions | 10/11 | €6,667 | €6,667 | = | 0.0% |
| Reserves | 13 | €111,000 | €136,000 | +€25,000 | +22.5% |
| Distributable reserves | 133 | €111,000 | €136,000 | +€25,000 | +22.5% |
| Profit (loss) carried forward | 14 | €144,689 | €145,536 | +€847 | +0.6% |
| Amounts payable | 17/49 | €50,539 | €31,963 | -€18,576 | -36.8% |
| Amounts payable after more than one year | 17 | €24,800 | €17,800 | -€7,000 | -28.2% |
| Financial debts | 170/4 | €24,800 | €17,800 | -€7,000 | -28.2% |
| Amounts payable within one year | 42/48 | €25,739 | €14,163 | -€11,576 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | €7,794 | €7,657 | -€137 | -1.8% |
| Trade debts | 44 | €12,653 | - | -€12,653 | |
| Suppliers | 440/4 | €12,653 | - | -€12,653 | |
| Taxes, remuneration and social security | 45 | €5,292 | €6,506 | +€1,214 | +22.9% |
| Taxes | 450/3 | €5,292 | €6,506 | +€1,214 | +22.9% |
| Turnover | 70 | €78,850 | €93,616 | +€14,766 | +18.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €31,564 | €33,948 | +€2,384 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,157 | €9,373 | +€216 | +2.4% |
| Other operating charges | 640/8 | €1,838 | €1,753 | -€85 | -4.6% |
| Gross operating margin | 9900 | €47,286 | €59,668 | +€12,382 | +26.2% |
| Operating profit (loss) | 9901 | €36,291 | €48,542 | +€12,251 | +33.8% |
| Financial income | 75/76B | €516 | €1,320 | +€804 | +155.8% |
| Recurring financial income | 75 | €516 | €1,320 | +€804 | +155.8% |
| Financial charges | 65/66B | €1,566 | €1,156 | -€410 | -26.2% |
| Recurring financial charges | 65 | €1,566 | €1,156 | -€410 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €35,241 | €48,706 | +€13,465 | +38.2% |
| Income taxes | 67/77 | €21,867 | €12,859 | -€9,008 | -41.2% |
| Profit (loss) for the period | 9904 | €13,374 | €35,847 | +€22,473 | +168.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,374 | €35,847 | +€22,473 | +168.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.