HS-Consult: 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.
HS-Consult
Largest movements
- Receivables within one year -€3,061
down €3,061 (-86.2%), from €3,552 to €491
of which Other amounts receivable: -€2,033
- Cash +€2,035
up €2,035 (+99.4%), from €2,046 to €4,081
mainly Receivables within one year (+€3,061) and Other debts (+€2,349)
- Tangible fixed assets -€473
down €473 (-46.2%), from €1,024 to €551
- Deferred charges and accrued income +€110
up €110 (+507%), from €22 to €131
- Trade debts -€3,718
no longer reported in 2025 (was €3,718)
- Other debts +€2,349
new in 2025: €2,349
- Accrued charges and deferred income -€151
no longer reported in 2025 (was €151)
- Profit (loss) carried forward +€131
up €131 (+5.9%), from -€2,225 to -€2,094
- Gross operating margin +€2,787
up €2,787, from -€1,652 to €1,135
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 | €6,644 | €5,255 | -€1,389 | -20.9% |
| Fixed assets | 21/28 | €1,024 | €551 | -€473 | -46.2% |
| Tangible fixed assets | 22/27 | €1,024 | €551 | -€473 | -46.2% |
| Furniture and vehicles | 24 | €1,024 | €551 | -€473 | -46.2% |
| Current assets | 29/58 | €5,620 | €4,703 | -€916 | -16.3% |
| Amounts receivable within one year | 40/41 | €3,552 | €491 | -€3,061 | -86.2% |
| Trade receivables | 40 | €1,028 | - | -€1,028 | |
| Other amounts receivable | 41 | €2,524 | €491 | -€2,033 | -80.5% |
| Cash at bank and in hand | 54/58 | €2,046 | €4,081 | +€2,035 | +99.4% |
| Deferred charges and accrued income | 490/1 | €22 | €131 | +€110 | +507% |
| Total equity and liabilities | 10/49 | €6,644 | €5,255 | -€1,389 | -20.9% |
| Equity | 10/15 | €2,775 | €2,906 | +€131 | +4.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,225 | -€2,094 | +€131 | +5.9% |
| Amounts payable | 17/49 | €3,869 | €2,349 | -€1,520 | -39.3% |
| Amounts payable within one year | 42/48 | €3,718 | €2,349 | -€1,369 | -36.8% |
| Trade debts | 44 | €3,718 | - | -€3,718 | |
| Suppliers | 440/4 | €3,718 | - | -€3,718 | |
| Other amounts payable | 47/48 | - | €2,349 | +€2,349 | |
| Accrued charges and deferred income | 492/3 | €151 | - | -€151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €473 | €473 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,652 | €1,135 | +€2,787 | |
| Operating profit (loss) | 9901 | -€2,512 | €262 | +€2,774 | |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €117 | €131 | +€14 | +11.9% |
| Recurring financial charges | 65 | €117 | €131 | +€14 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,621 | €131 | +€2,753 | |
| Profit (loss) for the period | 9904 | -€2,621 | €131 | +€2,753 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,621 | €131 | +€2,753 |
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.