HSA 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.
HSA CONSULT
Largest movements
- Cash +€39,118
up €39,118 (+535%), from €7,309 to €46,427
mainly Net result for the year (+€36,278) and Tax, wage and social debts (+€4,808)
- Tangible fixed assets +€4,391
new in 2025: €4,391
- Receivables within one year -€3,740
down €3,740 (-38.6%), from €9,680 to €5,940
- Intangible fixed assets -€3,333
down €3,333 (-35.3%), from €9,434 to €6,101
- Profit (loss) carried forward +€35,445
up €35,445 (+313%), from €11,337 to €46,782
- Tax, wage and social debts +€4,808
up €4,808 (+57.3%), from €8,398 to €13,206
of which Taxes: +€4,795
- Trade debts -€3,677
down €3,677 (-93.1%), from €3,951 to €275
- Gross operating margin +€33,594
up €33,594 (+178%), from €18,896 to €52,490
- Taxes +€7,040
up €7,040 (+236%), from €2,987 to €10,027
- Depreciation +€1,837
up €1,837 (+108%), from €1,696 to €3,533
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 | €28,544 | €65,117 | +€36,573 | +128% |
| Fixed assets | 21/28 | €9,434 | €10,492 | +€1,058 | +11.2% |
| Intangible fixed assets | 21 | €9,434 | €6,101 | -€3,333 | -35.3% |
| Tangible fixed assets | 22/27 | - | €4,391 | +€4,391 | |
| Furniture and vehicles | 24 | - | €4,391 | +€4,391 | |
| Current assets | 29/58 | €19,109 | €54,625 | +€35,515 | +186% |
| Amounts receivable within one year | 40/41 | €9,680 | €5,940 | -€3,740 | -38.6% |
| Trade receivables | 40 | €9,680 | €5,940 | -€3,740 | -38.6% |
| Cash at bank and in hand | 54/58 | €7,309 | €46,427 | +€39,118 | +535% |
| Deferred charges and accrued income | 490/1 | €2,120 | €2,258 | +€138 | +6.5% |
| Total equity and liabilities | 10/49 | €28,544 | €65,117 | +€36,573 | +128% |
| Equity | 10/15 | €14,337 | €49,782 | +€35,445 | +247% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,337 | €46,782 | +€35,445 | +313% |
| Amounts payable | 17/49 | €14,207 | €15,335 | +€1,128 | +7.9% |
| Amounts payable within one year | 42/48 | €14,207 | €15,335 | +€1,128 | +7.9% |
| Trade debts | 44 | €3,951 | €275 | -€3,677 | -93.1% |
| Suppliers | 440/4 | €3,951 | €275 | -€3,677 | -93.1% |
| Taxes, remuneration and social security | 45 | €8,398 | €13,206 | +€4,808 | +57.3% |
| Taxes | 450/3 | €5,716 | €10,511 | +€4,795 | +83.9% |
| Remuneration and social security | 454/9 | €2,682 | €2,695 | +€13 | +0.5% |
| Other amounts payable | 47/48 | €1,858 | €1,855 | -€3 | -0.2% |
| Remuneration, social security and pensions | 62 | €1,830 | €2,150 | +€320 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,696 | €3,533 | +€1,837 | +108% |
| Other operating charges | 640/8 | - | €424 | +€424 | |
| Gross operating margin | 9900 | €18,896 | €52,490 | +€33,594 | +178% |
| Operating profit (loss) | 9901 | €15,370 | €46,384 | +€31,014 | +202% |
| Financial charges | 65/66B | €213 | €79 | -€134 | -62.8% |
| Recurring financial charges | 65 | €213 | €79 | -€134 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €15,157 | €46,304 | +€31,148 | +206% |
| Income taxes | 67/77 | €2,987 | €10,027 | +€7,040 | +236% |
| Profit (loss) for the period | 9904 | €12,170 | €36,278 | +€24,108 | +198% |
| Profit (loss) for the period to be appropriated | 9905 | €12,170 | €36,278 | +€24,108 | +198% |
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.