Human Resources 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.
Human Resources Consult
Largest movements
- Cash -€124,020
down €124,020 (-40.6%), from €305,127 to €181,107
mainly Contributions, distributions and other (-€800,000) and Current portion of long-term debt (-€51,060)
- Tangible fixed assets -€109,756
down €109,756 (-11.5%), from €958,208 to €848,451
of which Land and buildings: -€82,450
- Receivables within one year +€28,297
up €28,297 (+14.1%), from €200,732 to €229,029
of which Trade receivables: +€30,678
- Profit (loss) carried forward -€162,178
down €162,178 (-81.3%), from €199,484 to €37,306
- Current portion of long-term debt -€51,060
down €51,060 (-61.2%), from €83,469 to €32,409
- Debts after one year -€32,409
down €32,409 (-9.2%), from €353,635 to €321,226
- Trade debts +€31,495
up €31,495 (+402.6%), from €7,822 to €39,318
- Gross operating margin +€86,637
up €86,637 (+7.4%), from €1.2m to €1.3m
- Staff costs +€56,332
up €56,332 (+35.2%), from €159,828 to €216,160
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 | €1,487,653 | €1,285,475 | -€202,178 | -13.6% |
| Fixed assets | 21/28 | €958,437 | €848,680 | -€109,756 | -11.5% |
| Tangible fixed assets | 22/27 | €958,208 | €848,451 | -€109,756 | -11.5% |
| Land and buildings | 22 | €887,190 | €804,740 | -€82,450 | -9.3% |
| Plant, machinery and equipment | 23 | €50 | - | -€50 | |
| Furniture and vehicles | 24 | €70,968 | €43,712 | -€27,256 | -38.4% |
| Financial fixed assets | 28 | €229 | €229 | = | 0.0% |
| Current assets | 29/58 | €529,217 | €436,795 | -€92,422 | -17.5% |
| Amounts receivable within one year | 40/41 | €200,732 | €229,029 | +€28,297 | +14.1% |
| Trade receivables | 40 | €145,935 | €176,613 | +€30,678 | +21.0% |
| Other amounts receivable | 41 | €54,797 | €52,415 | -€2,382 | -4.3% |
| Cash at bank and in hand | 54/58 | €305,127 | €181,107 | -€124,020 | -40.6% |
| Deferred charges and accrued income | 490/1 | €23,358 | €26,660 | +€3,302 | +14.1% |
| Total equity and liabilities | 10/49 | €1,487,653 | €1,285,475 | -€202,178 | -13.6% |
| Equity | 10/15 | €219,944 | €57,766 | -€162,178 | -73.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €199,484 | €37,306 | -€162,178 | -81.3% |
| Amounts payable | 17/49 | €1,267,710 | €1,227,709 | -€40,000 | -3.2% |
| Amounts payable after more than one year | 17 | €353,635 | €321,226 | -€32,409 | -9.2% |
| Financial debts | 170/4 | €353,635 | €321,226 | -€32,409 | -9.2% |
| Amounts payable within one year | 42/48 | €914,075 | €906,483 | -€7,591 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €83,469 | €32,409 | -€51,060 | -61.2% |
| Trade debts | 44 | €7,822 | €39,318 | +€31,495 | +402.6% |
| Suppliers | 440/4 | €7,822 | €39,318 | +€31,495 | +402.6% |
| Taxes, remuneration and social security | 45 | €13,277 | €24,543 | +€11,266 | +84.9% |
| Remuneration and social security | 454/9 | €13,277 | €24,543 | +€11,266 | +84.9% |
| Other amounts payable | 47/48 | €809,507 | €810,214 | +€707 | +0.1% |
| Remuneration, social security and pensions | 62 | €159,828 | €216,160 | +€56,332 | +35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158,073 | €153,011 | -€5,063 | -3.2% |
| Other operating charges | 640/8 | €16,983 | €9,492 | -€7,491 | -44.1% |
| Gross operating margin | 9900 | €1,163,846 | €1,250,482 | +€86,637 | +7.4% |
| Operating profit (loss) | 9901 | €828,961 | €871,820 | +€42,858 | +5.2% |
| Financial income | 75/76B | €1 | €212 | +€211 | +16998.4% |
| Recurring financial income | 75 | €1 | €212 | +€211 | +16998.4% |
| Financial charges | 65/66B | €12,603 | €11,367 | -€1,236 | -9.8% |
| Recurring financial charges | 65 | €12,603 | €11,367 | -€1,236 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €816,359 | €860,664 | +€44,305 | +5.4% |
| Income taxes | 67/77 | €227,255 | €222,842 | -€4,413 | -1.9% |
| Profit (loss) for the period | 9904 | €589,104 | €637,822 | +€48,718 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €589,104 | €637,822 | +€48,718 | +8.3% |
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 12 October 2026 via checked.be.