b-consulted: 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-consulted
Largest movements
- Current investments +€15,466
up €15,466 (+38.9%), from €39,809 to €55,275
- Receivables within one year +€8,453
up €8,453 (+357%), from €2,366 to €10,819
of which Other amounts receivable: +€4,244
- Cash -€5,797
down €5,797 (-35.2%), from €16,490 to €10,694
mainly Contributions, distributions and other (-€22,634) and Current investments (-€15,466)
- Deferred charges and accrued income +€2,974
up €2,974 (+75.0%), from €3,964 to €6,938
- Tangible fixed assets +€1,233
up €1,233 (+419%), from €294 to €1,527
- Other debts +€14,527
new in 2025: €14,527
- Trade debts +€3,310
up €3,310 (+145%), from €2,276 to €5,587
- Tax, wage and social debts +€3,162
new in 2025: €3,162
- Reserves +€1,345
up €1,345 (+1.9%), from €71,015 to €72,360
- Financial charges -€8,763
down €8,763, from €4,941 to -€3,821
- Gross operating margin +€8,171
up €8,171 (+43.2%), from €18,893 to €27,064
- Taxes +€3,236
up €3,236 (+32.4%), from €10,002 to €13,238
- Financial income +€2,029
up €2,029 (+31.7%), from €6,399 to €8,427
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 | €79,536 | €101,866 | +€22,330 | +28.1% |
| Fixed assets | 21/28 | €1,663 | €2,895 | +€1,233 | +74.1% |
| Tangible fixed assets | 22/27 | €294 | €1,527 | +€1,233 | +419% |
| Furniture and vehicles | 24 | €294 | €1,527 | +€1,233 | +419% |
| Financial fixed assets | 28 | €1,369 | €1,369 | = | 0.0% |
| Current assets | 29/58 | €77,873 | €98,970 | +€21,097 | +27.1% |
| Stocks and contracts in progress | 3 | €15,244 | €15,244 | = | 0.0% |
| Stocks | 30/36 | €15,244 | €15,244 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,366 | €10,819 | +€8,453 | +357% |
| Trade receivables | 40 | €269 | €4,478 | +€4,209 | +1,565% |
| Other amounts receivable | 41 | €2,097 | €6,341 | +€4,244 | +202% |
| Current investments | 50/53 | €39,809 | €55,275 | +€15,466 | +38.9% |
| Cash at bank and in hand | 54/58 | €16,490 | €10,694 | -€5,797 | -35.2% |
| Deferred charges and accrued income | 490/1 | €3,964 | €6,938 | +€2,974 | +75.0% |
| Total equity and liabilities | 10/49 | €79,536 | €101,866 | +€22,330 | +28.1% |
| Equity | 10/15 | €77,215 | €78,560 | +€1,345 | +1.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,015 | €72,360 | +€1,345 | +1.9% |
| Distributable reserves | 133 | €71,015 | €72,360 | +€1,345 | +1.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,321 | €23,306 | +€20,985 | +904% |
| Amounts payable within one year | 42/48 | €2,276 | €23,276 | +€21,000 | +922% |
| Trade debts | 44 | €2,276 | €5,587 | +€3,310 | +145% |
| Suppliers | 440/4 | €2,276 | €5,587 | +€3,310 | +145% |
| Taxes, remuneration and social security | 45 | - | €3,162 | +€3,162 | |
| Taxes | 450/3 | - | €3,162 | +€3,162 | |
| Other amounts payable | 47/48 | - | €14,527 | +€14,527 | |
| Accrued charges and deferred income | 492/3 | €45 | €30 | -€15 | -34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €573 | €419 | -€154 | -26.9% |
| Other operating charges | 640/8 | €1,713 | €1,677 | -€36 | -2.1% |
| Gross operating margin | 9900 | €18,893 | €27,064 | +€8,171 | +43.2% |
| Operating profit (loss) | 9901 | €16,607 | €24,968 | +€8,361 | +50.3% |
| Financial income | 75/76B | €6,399 | €8,427 | +€2,029 | +31.7% |
| Recurring financial income | 75 | €6,399 | €8,427 | +€2,029 | +31.7% |
| Financial charges | 65/66B | €4,941 | -€3,821 | -€8,763 | |
| Recurring financial charges | 65 | €4,941 | -€3,821 | -€8,763 | |
| Profit (loss) for the period before taxes | 9903 | €18,064 | €37,216 | +€19,152 | +106% |
| Income taxes | 67/77 | €10,002 | €13,238 | +€3,236 | +32.4% |
| Profit (loss) for the period | 9904 | €8,062 | €23,979 | +€15,916 | +197% |
| Profit (loss) for the period to be appropriated | 9905 | €8,062 | €23,979 | +€15,916 | +197% |
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 19 October 2026 via checked.be.