B.A. Management Consulting: what changed
B.A. Management Consulting
Largest movements
- Cash -€5,619
down €5,619 (-87.7%), from €6,410 to €791
mainly Net result for the year (-€9,783) and Deferred charges and accrued income (-€2,344)
- Deferred charges and accrued income +€2,344
up €2,344 (+613%), from €383 to €2,727
- Receivables within one year +€1,006
up €1,006 (+73.7%), from €1,365 to €2,371
of which Trade receivables: +€1,214
- Tangible fixed assets -€796
down €796 (-21.4%), from €3,712 to €2,916
of which Furniture and vehicles: -€670
- Profit (loss) carried forward -€9,783
down €9,783 (-21.9%), from -€44,584 to -€54,367
- Other debts +€5,794
up €5,794 (+11.6%), from €50,024 to €55,819
- Trade debts +€1,120
up €1,120 (+116%), from €970 to €2,090
- Tax, wage and social debts -€195
no longer reported in 2025 (was €195)
- Gross operating margin -€1,015
down €1,015 (-20.0%), from -€5,061 to -€6,076
- Other operating charges +€376
up €376 (+77.7%), from €484 to €860
- Financial charges -€311
down €311 (-14.2%), from €2,192 to €1,881
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,870 | €8,805 | -€3,065 | -25.8% |
| Fixed assets | 21/28 | €3,712 | €2,916 | -€796 | -21.4% |
| Tangible fixed assets | 22/27 | €3,712 | €2,916 | -€796 | -21.4% |
| Plant, machinery and equipment | 23 | €1,104 | €978 | -€126 | -11.4% |
| Furniture and vehicles | 24 | €2,608 | €1,938 | -€670 | -25.7% |
| Current assets | 29/58 | €8,157 | €5,889 | -€2,268 | -27.8% |
| Amounts receivable within one year | 40/41 | €1,365 | €2,371 | +€1,006 | +73.7% |
| Trade receivables | 40 | €604 | €1,818 | +€1,214 | +201% |
| Other amounts receivable | 41 | €761 | €552 | -€209 | -27.4% |
| Cash at bank and in hand | 54/58 | €6,410 | €791 | -€5,619 | -87.7% |
| Deferred charges and accrued income | 490/1 | €383 | €2,727 | +€2,344 | +613% |
| Total equity and liabilities | 10/49 | €11,870 | €8,805 | -€3,065 | -25.8% |
| Equity | 10/15 | -€39,320 | -€49,103 | -€9,783 | -24.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,264 | €2,264 | = | 0.0% |
| Distributable reserves | 133 | €2,264 | €2,264 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,584 | -€54,367 | -€9,783 | -21.9% |
| Amounts payable | 17/49 | €51,189 | €57,908 | +€6,719 | +13.1% |
| Amounts payable within one year | 42/48 | €51,189 | €57,908 | +€6,719 | +13.1% |
| Trade debts | 44 | €970 | €2,090 | +€1,120 | +116% |
| Suppliers | 440/4 | €970 | €2,090 | +€1,120 | +116% |
| Taxes, remuneration and social security | 45 | €195 | - | -€195 | |
| Taxes | 450/3 | €195 | - | -€195 | |
| Other amounts payable | 47/48 | €50,024 | €55,819 | +€5,794 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €796 | €796 | = | 0.0% |
| Other operating charges | 640/8 | €484 | €860 | +€376 | +77.7% |
| Gross operating margin | 9900 | -€5,061 | -€6,076 | -€1,015 | -20.0% |
| Operating profit (loss) | 9901 | -€6,341 | -€7,732 | -€1,391 | -21.9% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €2,192 | €1,881 | -€311 | -14.2% |
| Recurring financial charges | 65 | €2,192 | €1,881 | -€311 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,530 | -€9,613 | -€1,083 | -12.7% |
| Income taxes | 67/77 | €181 | €170 | -€11 | -6.3% |
| Profit (loss) for the period | 9904 | -€8,712 | -€9,783 | -€1,071 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,712 | -€9,783 | -€1,071 | -12.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.