B 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.
B Consult
Largest movements
- Cash -€59,506
down €59,506 (-56.8%), from €104,785 to €45,279
mainly Contributions, distributions and other (-€134,122) and Current portion of long-term debt (-€25,515)
- Tangible fixed assets -€20,716
down €20,716 (-11.8%), from €175,094 to €154,378
of which Leasing and similar rights: -€12,066
- Receivables within one year -€17,701
down €17,701 (-20.8%), from €85,015 to €67,314
of which Trade receivables: -€14,520
- Reserves -€60,130
down €60,130 (-11.3%), from €534,398 to €474,267
- Current portion of long-term debt -€25,515
down €25,515 (-66.4%), from €38,400 to €12,885
- Debts after one year -€12,885
down €12,885 (-19.1%), from €67,449 to €54,564
of which Financial debts: -€12,885
- Gross operating margin -€12,233
down €12,233 (-8.1%), from €150,988 to €138,755
- Taxes -€4,979
down €4,979 (-12.5%), from €39,986 to €35,007
- Other operating charges +€1,704
up €1,704 (+42.1%), from €4,048 to €5,753
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 | €673,859 | €575,935 | -€97,923 | -14.5% |
| Fixed assets | 21/28 | €183,094 | €162,378 | -€20,716 | -11.3% |
| Tangible fixed assets | 22/27 | €175,094 | €154,378 | -€20,716 | -11.8% |
| Land and buildings | 22 | €143,000 | €132,000 | -€11,000 | -7.7% |
| Plant, machinery and equipment | 23 | €2,828 | €1,629 | -€1,200 | -42.4% |
| Furniture and vehicles | 24 | €4,605 | €8,155 | +€3,550 | +77.1% |
| Leasing and similar rights | 25 | €24,661 | €12,595 | -€12,066 | -48.9% |
| Financial fixed assets | 28 | €8,000 | €8,000 | = | 0.0% |
| Current assets | 29/58 | €490,765 | €413,557 | -€77,208 | -15.7% |
| Amounts receivable after more than one year | 29 | €300,965 | €300,965 | = | 0.0% |
| Other amounts receivable | 291 | €300,965 | €300,965 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €85,015 | €67,314 | -€17,701 | -20.8% |
| Trade receivables | 40 | €14,520 | - | -€14,520 | |
| Other amounts receivable | 41 | €70,495 | €67,314 | -€3,181 | -4.5% |
| Cash at bank and in hand | 54/58 | €104,785 | €45,279 | -€59,506 | -56.8% |
| Total equity and liabilities | 10/49 | €673,859 | €575,935 | -€97,923 | -14.5% |
| Equity | 10/15 | €540,648 | €480,517 | -€60,130 | -11.1% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €534,398 | €474,267 | -€60,130 | -11.3% |
| Distributable reserves | 133 | €534,398 | €474,267 | -€60,130 | -11.3% |
| Amounts payable | 17/49 | €133,211 | €95,418 | -€37,793 | -28.4% |
| Amounts payable after more than one year | 17 | €67,449 | €54,564 | -€12,885 | -19.1% |
| Financial debts | 170/4 | €61,839 | €48,954 | -€12,885 | -20.8% |
| Other amounts payable | 178/9 | €5,610 | €5,610 | = | 0.0% |
| Amounts payable within one year | 42/48 | €65,763 | €40,854 | -€24,908 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | €38,400 | €12,885 | -€25,515 | -66.4% |
| Trade debts | 44 | €483 | €5,477 | +€4,995 | +1035.0% |
| Suppliers | 440/4 | €483 | €5,477 | +€4,995 | +1035.0% |
| Taxes, remuneration and social security | 45 | €26,880 | €22,492 | -€4,388 | -16.3% |
| Taxes | 450/3 | €26,880 | €22,492 | -€4,388 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,999 | €26,021 | +€1,022 | +4.1% |
| Other operating charges | 640/8 | €4,048 | €5,753 | +€1,704 | +42.1% |
| Gross operating margin | 9900 | €150,988 | €138,755 | -€12,233 | -8.1% |
| Operating profit (loss) | 9901 | €121,940 | €106,982 | -€14,959 | -12.3% |
| Financial income | 75/76B | €6,448 | €5,109 | -€1,339 | -20.8% |
| Recurring financial income | 75 | €6,448 | €5,109 | -€1,339 | -20.8% |
| Financial charges | 65/66B | €3,430 | €3,092 | -€338 | -9.9% |
| Recurring financial charges | 65 | €3,430 | €3,092 | -€338 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €124,958 | €108,999 | -€15,960 | -12.8% |
| Income taxes | 67/77 | €39,986 | €35,007 | -€4,979 | -12.5% |
| Profit (loss) for the period | 9904 | €84,973 | €73,992 | -€10,981 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84,973 | €73,992 | -€10,981 | -12.9% |
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 11 October 2026 via checked.be.