HSBK 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.
HSBK Consulting
Largest movements
- Cash +€36,858
up €36,858 (+91.3%), from €40,381 to €77,239
mainly Net result for the year (+€31,578) and Receivables within one year (+€17,767)
- Receivables within one year -€17,767
down €17,767 (-22.3%), from €79,533 to €61,766
of which Trade receivables: -€29,670
- Profit (loss) carried forward +€31,578
up €31,578 (+32.3%), from €97,717 to €129,295
- Tax, wage and social debts -€14,714
down €14,714 (-73.5%), from €20,024 to €5,310
of which Taxes: -€14,714
- Trade debts +€1,968
up €1,968 (+526.1%), from €374 to €2,342
- Gross operating margin -€85,316
down €85,316 (-63.9%), from €133,582 to €48,266
- Taxes -€13,727
down €13,727 (-49.5%), from €27,733 to €14,007
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 | €123,183 | €142,232 | +€19,049 | +15.5% |
| Fixed assets | 21/28 | €3,269 | €3,227 | -€42 | -1.3% |
| Tangible fixed assets | 22/27 | €3,268 | €3,226 | -€42 | -1.3% |
| Plant, machinery and equipment | 23 | €1,595 | €1,833 | +€238 | +14.9% |
| Other tangible fixed assets | 26 | €1,672 | €1,392 | -€280 | -16.7% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €119,914 | €139,005 | +€19,091 | +15.9% |
| Amounts receivable within one year | 40/41 | €79,533 | €61,766 | -€17,767 | -22.3% |
| Trade receivables | 40 | €74,600 | €44,930 | -€29,670 | -39.8% |
| Other amounts receivable | 41 | €4,934 | €16,836 | +€11,903 | +241.3% |
| Cash at bank and in hand | 54/58 | €40,381 | €77,239 | +€36,858 | +91.3% |
| Total equity and liabilities | 10/49 | €123,183 | €142,232 | +€19,049 | +15.5% |
| Equity | 10/15 | €102,717 | €134,295 | +€31,578 | +30.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,717 | €129,295 | +€31,578 | +32.3% |
| Amounts payable | 17/49 | €20,466 | €7,937 | -€12,529 | -61.2% |
| Amounts payable within one year | 42/48 | €20,466 | €7,937 | -€12,529 | -61.2% |
| Trade debts | 44 | €374 | €2,342 | +€1,968 | +526.1% |
| Suppliers | 440/4 | €374 | €2,342 | +€1,968 | +526.1% |
| Taxes, remuneration and social security | 45 | €20,024 | €5,310 | -€14,714 | -73.5% |
| Taxes | 450/3 | €17,824 | €3,110 | -€14,714 | -82.6% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €68 | €285 | +€218 | +322.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,264 | €1,195 | -€69 | -5.4% |
| Other operating charges | 640/8 | €220 | €1,331 | +€1,111 | +504.9% |
| Gross operating margin | 9900 | €133,582 | €48,266 | -€85,316 | -63.9% |
| Operating profit (loss) | 9901 | €132,098 | €45,739 | -€86,358 | -65.4% |
| Financial income | 75/76B | €20 | €0 | -€19 | -97.7% |
| Recurring financial income | 75 | €20 | €0 | -€19 | -97.7% |
| Financial charges | 65/66B | €623 | €155 | -€468 | -75.1% |
| Recurring financial charges | 65 | €195 | €155 | -€39 | -20.1% |
| Non-recurring financial charges | 66B | €428 | - | -€428 | |
| Profit (loss) for the period before taxes | 9903 | €131,494 | €45,584 | -€85,910 | -65.3% |
| Income taxes | 67/77 | €27,733 | €14,007 | -€13,727 | -49.5% |
| Profit (loss) for the period | 9904 | €103,761 | €31,578 | -€72,183 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €103,761 | €31,578 | -€72,183 | -69.6% |
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 11 October 2026 via checked.be.