P4H 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.
P4H CONSULTING
Largest movements
- Cash +€4,295
up €4,295 (+9.6%), from €44,956 to €49,251
mainly Other debts (+€34,303) and Net result for the year (+€33,134)
- Receivables within one year +€3,868
up €3,868 (+24.9%), from €15,564 to €19,433
of which Trade receivables: +€3,887
- Tangible fixed assets +€1,362
up €1,362 (+209%), from €653 to €2,014
- Profit (loss) carried forward -€36,866
down €36,866 (-98.4%), from €37,459 to €592
- Other debts +€34,303
new in 2025: €34,303
- Tax, wage and social debts +€11,452
up €11,452 (+58.3%), from €19,654 to €31,106
- Gross operating margin +€7,598
up €7,598 (+20.4%), from €37,231 to €44,829
- Taxes +€1,813
up €1,813 (+20.1%), from €9,033 to €10,846
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 | €61,173 | €70,698 | +€9,525 | +15.6% |
| Fixed assets | 21/28 | €653 | €2,014 | +€1,362 | +209% |
| Tangible fixed assets | 22/27 | €653 | €2,014 | +€1,362 | +209% |
| Furniture and vehicles | 24 | €653 | €2,014 | +€1,362 | +209% |
| Current assets | 29/58 | €60,521 | €68,683 | +€8,163 | +13.5% |
| Amounts receivable within one year | 40/41 | €15,564 | €19,433 | +€3,868 | +24.9% |
| Trade receivables | 40 | €15,546 | €19,433 | +€3,887 | +25.0% |
| Other amounts receivable | 41 | €18 | - | -€18 | |
| Cash at bank and in hand | 54/58 | €44,956 | €49,251 | +€4,295 | +9.6% |
| Total equity and liabilities | 10/49 | €61,173 | €70,698 | +€9,525 | +15.6% |
| Equity | 10/15 | €40,459 | €3,592 | -€36,866 | -91.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,459 | €592 | -€36,866 | -98.4% |
| Amounts payable | 17/49 | €20,714 | €67,105 | +€46,391 | +224% |
| Amounts payable within one year | 42/48 | €20,714 | €66,706 | +€45,991 | +222% |
| Trade debts | 44 | €1,060 | €1,297 | +€237 | +22.4% |
| Suppliers | 440/4 | €1,060 | €1,297 | +€237 | +22.4% |
| Taxes, remuneration and social security | 45 | €19,654 | €31,106 | +€11,452 | +58.3% |
| Taxes | 450/3 | €19,654 | €31,106 | +€11,452 | +58.3% |
| Other amounts payable | 47/48 | - | €34,303 | +€34,303 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €432 | €635 | +€202 | +46.8% |
| Other operating charges | 640/8 | €299 | €46 | -€253 | -84.5% |
| Gross operating margin | 9900 | €37,231 | €44,829 | +€7,598 | +20.4% |
| Operating profit (loss) | 9901 | €36,499 | €44,148 | +€7,649 | +21.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €105 | €168 | +€64 | +60.7% |
| Recurring financial charges | 65 | €105 | €168 | +€64 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €36,395 | €43,979 | +€7,585 | +20.8% |
| Income taxes | 67/77 | €9,033 | €10,846 | +€1,813 | +20.1% |
| Profit (loss) for the period | 9904 | €27,362 | €33,134 | +€5,772 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,362 | €33,134 | +€5,772 | +21.1% |
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 15 October 2026 via checked.be.