Hyphen 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.
Hyphen Consulting
Largest movements
- Cash -€26,245
down €26,245 (-41.7%), from €62,881 to €36,636
mainly Net result for the year (-€47,109) and Tax, wage and social debts (-€2,350)
- Receivables within one year -€22,805
down €22,805 (-96.5%), from €23,623 to €818
of which Trade receivables: -€22,926
- Tangible fixed assets -€2,704
down €2,704 (-37.7%), from €7,179 to €4,475
- Profit (loss) carried forward -€47,109
down €47,109 (-962%), from -€4,899 to -€52,008
- Tax, wage and social debts -€2,350
down €2,350 (-72.2%), from €3,256 to €905
- Current portion of long-term debt -€2,048
down €2,048 (-75.0%), from €2,730 to €682
- Gross operating margin -€41,198
down €41,198 (-1,263%), from -€3,261 to -€44,459
- Financial income -€1,922
down €1,922 (-82.7%), from €2,324 to €402
- Depreciation -€1,088
down €1,088 (-28.7%), from €3,792 to €2,704
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 | €102,732 | €50,978 | -€51,754 | -50.4% |
| Fixed assets | 21/28 | €14,179 | €11,475 | -€2,704 | -19.1% |
| Tangible fixed assets | 22/27 | €7,179 | €4,475 | -€2,704 | -37.7% |
| Furniture and vehicles | 24 | €7,179 | €4,475 | -€2,704 | -37.7% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €88,553 | €39,503 | -€49,050 | -55.4% |
| Amounts receivable within one year | 40/41 | €23,623 | €818 | -€22,805 | -96.5% |
| Trade receivables | 40 | €22,926 | - | -€22,926 | |
| Other amounts receivable | 41 | €697 | €818 | +€121 | +17.3% |
| Cash at bank and in hand | 54/58 | €62,881 | €36,636 | -€26,245 | -41.7% |
| Deferred charges and accrued income | 490/1 | €2,049 | €2,049 | = | 0.0% |
| Total equity and liabilities | 10/49 | €102,732 | €50,978 | -€51,754 | -50.4% |
| Equity | 10/15 | €25,062 | -€22,047 | -€47,109 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €9,961 | €9,961 | = | 0.0% |
| Distributable reserves | 133 | €9,961 | €9,961 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,899 | -€52,008 | -€47,109 | -962% |
| Provisions and deferred taxes | 16 | €70,405 | €70,405 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €70,405 | €70,405 | = | 0.0% |
| Pensions and similar obligations | 160 | €70,405 | €70,405 | = | 0.0% |
| Amounts payable | 17/49 | €7,265 | €2,620 | -€4,645 | -63.9% |
| Amounts payable after more than one year | 17 | €683 | - | -€683 | |
| Financial debts | 170/4 | €683 | - | -€683 | |
| Amounts payable within one year | 42/48 | €6,583 | €2,620 | -€3,963 | -60.2% |
| Current portion of amounts payable after more than one year | 42 | €2,730 | €682 | -€2,048 | -75.0% |
| Trade debts | 44 | €597 | €1,033 | +€436 | +73.0% |
| Suppliers | 440/4 | €597 | €1,033 | +€436 | +73.0% |
| Taxes, remuneration and social security | 45 | €3,256 | €905 | -€2,350 | -72.2% |
| Taxes | 450/3 | €3,256 | €905 | -€2,350 | -72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,792 | €2,704 | -€1,088 | -28.7% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€3,261 | -€44,459 | -€41,198 | -1,263% |
| Operating profit (loss) | 9901 | -€7,172 | -€47,283 | -€40,112 | -559% |
| Financial income | 75/76B | €2,324 | €402 | -€1,922 | -82.7% |
| Recurring financial income | 75 | €2,324 | €402 | -€1,922 | -82.7% |
| Financial charges | 65/66B | €52 | €228 | +€176 | +342% |
| Recurring financial charges | 65 | €52 | €228 | +€176 | +342% |
| Profit (loss) for the period before taxes | 9903 | -€4,899 | -€47,109 | -€42,210 | -862% |
| Profit (loss) for the period | 9904 | -€4,899 | -€47,109 | -€42,210 | -862% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,899 | -€47,109 | -€42,210 | -862% |
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 21 October 2026 via checked.be.