Tom Heremans 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.
Tom Heremans Consulting
Largest movements
- Current investments +€145,000
up €145,000 (+84.1%), from €172,500 to €317,500
- Cash -€37,466
down €37,466 (-31.6%), from €118,575 to €81,109
mainly Current investments (-€145,000) and Contributions, distributions and other (-€50,000)
- Deferred charges and accrued income +€13,735
up €13,735 (+309%), from €4,447 to €18,182
- Profit (loss) carried forward +€102,892
up €102,892 (+40.1%), from €256,639 to €359,531
- Trade debts +€12,192
new in 2025: €12,192
- Gross operating margin +€13,684
up €13,684 (+7.7%), from €178,127 to €191,812
- Financial income +€5,495
up €5,495 (+204%), from €2,697 to €8,192
- Taxes +€4,452
up €4,452 (+10.9%), from €40,712 to €45,164
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 | €326,282 | €444,724 | +€118,442 | +36.3% |
| Fixed assets | 21/28 | €2,409 | €1,975 | -€434 | -18.0% |
| Tangible fixed assets | 22/27 | €2,409 | €1,975 | -€434 | -18.0% |
| Furniture and vehicles | 24 | €2,409 | €1,975 | -€434 | -18.0% |
| Current assets | 29/58 | €323,873 | €442,749 | +€118,876 | +36.7% |
| Amounts receivable within one year | 40/41 | €28,352 | €25,958 | -€2,394 | -8.4% |
| Trade receivables | 40 | €28,352 | €25,958 | -€2,394 | -8.4% |
| Current investments | 50/53 | €172,500 | €317,500 | +€145,000 | +84.1% |
| Cash at bank and in hand | 54/58 | €118,575 | €81,109 | -€37,466 | -31.6% |
| Deferred charges and accrued income | 490/1 | €4,447 | €18,182 | +€13,735 | +309% |
| Total equity and liabilities | 10/49 | €326,282 | €444,724 | +€118,442 | +36.3% |
| Equity | 10/15 | €271,639 | €374,531 | +€102,892 | +37.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €256,639 | €359,531 | +€102,892 | +40.1% |
| Amounts payable | 17/49 | €54,643 | €70,193 | +€15,550 | +28.5% |
| Amounts payable within one year | 42/48 | €54,510 | €69,728 | +€15,217 | +27.9% |
| Trade debts | 44 | - | €12,192 | +€12,192 | |
| Suppliers | 440/4 | - | €12,192 | +€12,192 | |
| Taxes, remuneration and social security | 45 | €54,510 | €57,535 | +€3,025 | +5.5% |
| Taxes | 450/3 | €54,510 | €57,535 | +€3,025 | +5.5% |
| Accrued charges and deferred income | 492/3 | €133 | €465 | +€333 | +250% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €750 | €1,375 | +€625 | +83.4% |
| Other operating charges | 640/8 | €64 | €465 | +€402 | +630% |
| Gross operating margin | 9900 | €178,127 | €191,812 | +€13,684 | +7.7% |
| Operating profit (loss) | 9901 | €177,314 | €189,972 | +€12,658 | +7.1% |
| Financial income | 75/76B | €2,697 | €8,192 | +€5,495 | +204% |
| Recurring financial income | 75 | €2,697 | €8,192 | +€5,495 | +204% |
| Financial charges | 65/66B | €61 | €107 | +€46 | +74.8% |
| Recurring financial charges | 65 | €61 | €107 | +€46 | +74.8% |
| Profit (loss) for the period before taxes | 9903 | €179,950 | €198,056 | +€18,107 | +10.1% |
| Income taxes | 67/77 | €40,712 | €45,164 | +€4,452 | +10.9% |
| Profit (loss) for the period | 9904 | €139,238 | €152,892 | +€13,654 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €139,238 | €152,892 | +€13,654 | +9.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.