HTH 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.
HTH CONSULT
Largest movements
- Tangible fixed assets -€7,265
down €7,265 (-13.1%), from €55,619 to €48,355
of which Furniture and vehicles: -€20,092
- Cash -€3,676
down €3,676 (-95.9%), from €3,833 to €157
mainly Net result for the year (-€22,218) and Investment in fixed assets (net) (-€14,793)
- Profit (loss) carried forward -€22,218
down €22,218 (-140.8%), from -€15,776 to -€37,994
- Other debts +€21,373
up €21,373 (+36.9%), from €57,956 to €79,329
- Current portion of long-term debt -€6,313
down €6,313 (-66.2%), from €9,541 to €3,228
- Debts after one year -€3,228
down €3,228 (-100.0%), from €3,228 to €0
- Tax, wage and social debts -€1,207
down €1,207 (-32.1%), from €3,755 to €2,548
of which Taxes: -€3,251
- Gross operating margin -€13,472
down €13,472 (-85.5%), from €15,753 to €2,281
- Depreciation +€1,172
up €1,172 (+5.6%), from €21,113 to €22,285
- Financial charges -€212
down €212 (-43.2%), from €491 to €279
- Other operating charges +€201
up €201 (+13.9%), from €1,445 to €1,646
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 | €61,843 | €51,252 | -€10,591 | -17.1% |
| Formation expenses | 20 | €484 | €257 | -€227 | -46.9% |
| Fixed assets | 21/28 | €55,619 | €48,355 | -€7,265 | -13.1% |
| Tangible fixed assets | 22/27 | €55,619 | €48,355 | -€7,265 | -13.1% |
| Plant, machinery and equipment | 23 | - | €1,913 | +€1,913 | |
| Furniture and vehicles | 24 | €55,619 | €35,528 | -€20,092 | -36.1% |
| Other tangible fixed assets | 26 | - | €10,914 | +€10,914 | |
| Current assets | 29/58 | €5,739 | €2,640 | -€3,099 | -54.0% |
| Amounts receivable within one year | 40/41 | €0 | €533 | +€533 | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | €533 | +€533 | |
| Cash at bank and in hand | 54/58 | €3,833 | €157 | -€3,676 | -95.9% |
| Deferred charges and accrued income | 490/1 | €1,906 | €1,950 | +€44 | +2.3% |
| Total equity and liabilities | 10/49 | €61,843 | €51,252 | -€10,591 | -17.1% |
| Equity | 10/15 | -€13,276 | -€35,494 | -€22,218 | -167.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,776 | -€37,994 | -€22,218 | -140.8% |
| Amounts payable | 17/49 | €75,118 | €86,746 | +€11,628 | +15.5% |
| Amounts payable after more than one year | 17 | €3,228 | €0 | -€3,228 | -100.0% |
| Financial debts | 170/4 | €3,228 | €0 | -€3,228 | -100.0% |
| Amounts payable within one year | 42/48 | €71,890 | €86,746 | +€14,856 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €9,541 | €3,228 | -€6,313 | -66.2% |
| Trade debts | 44 | €638 | €1,641 | +€1,003 | +157.2% |
| Suppliers | 440/4 | €638 | €1,641 | +€1,003 | +157.2% |
| Taxes, remuneration and social security | 45 | €3,755 | €2,548 | -€1,207 | -32.1% |
| Taxes | 450/3 | €3,755 | €504 | -€3,251 | -86.6% |
| Remuneration and social security | 454/9 | €0 | €2,044 | +€2,044 | |
| Other amounts payable | 47/48 | €57,956 | €79,329 | +€21,373 | +36.9% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,113 | €22,285 | +€1,172 | +5.6% |
| Other operating charges | 640/8 | €1,445 | €1,646 | +€201 | +13.9% |
| Gross operating margin | 9900 | €15,753 | €2,281 | -€13,472 | -85.5% |
| Operating profit (loss) | 9901 | -€6,805 | -€21,649 | -€14,845 | -218.2% |
| Financial charges | 65/66B | €491 | €279 | -€212 | -43.2% |
| Recurring financial charges | 65 | €491 | €279 | -€212 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,296 | -€21,929 | -€14,633 | -200.6% |
| Income taxes | 67/77 | €309 | €290 | -€19 | -6.2% |
| Profit (loss) for the period | 9904 | -€7,605 | -€22,218 | -€14,613 | -192.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,605 | -€22,218 | -€14,613 | -192.2% |
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 6 October 2026 via checked.be.