B+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.
B+Consulting
Largest movements
- Tangible fixed assets -€191,561
down €191,561 (-6.6%), from €2.9m to €2.7m
of which Land and buildings: -€100,000
- Receivables within one year -€44,743
down €44,743 (-40.1%), from €111,581 to €66,838
of which Other amounts receivable: -€44,682
- Debts after one year -€276,069
down €276,069 (-10.7%), from €2.6m to €2.3m
- Reserves +€120,224
up €120,224 (+26.8%), from €448,982 to €569,206
of which Distributable reserves: +€120,224
- Trade debts -€48,505
down €48,505 (-89.8%), from €54,017 to €5,512
- Turnover +€48,246
up €48,246 (+14.2%), from €339,440 to €387,686
- Gross operating margin +€39,362
up €39,362 (+14.5%), from €272,215 to €311,577
- Depreciation +€37,943
up €37,943 (+24.0%), from €158,148 to €196,091
- Financial income +€23,461
up €23,461 (+30.9%), from €75,928 to €99,388
- Taxes +€14,885
up €14,885 (+68.1%), from €21,857 to €36,742
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 | €3,419,706 | €3,196,728 | -€222,979 | -6.5% |
| Fixed assets | 21/28 | €3,283,780 | €3,092,219 | -€191,561 | -5.8% |
| Tangible fixed assets | 22/27 | €2,886,233 | €2,694,673 | -€191,561 | -6.6% |
| Land and buildings | 22 | €2,153,151 | €2,053,151 | -€100,000 | -4.6% |
| Plant, machinery and equipment | 23 | €690,209 | €613,433 | -€76,777 | -11.1% |
| Furniture and vehicles | 24 | €42,874 | €28,089 | -€14,784 | -34.5% |
| Financial fixed assets | 28 | €397,547 | €397,547 | = | 0.0% |
| Current assets | 29/58 | €135,926 | €104,508 | -€31,418 | -23.1% |
| Amounts receivable within one year | 40/41 | €111,581 | €66,838 | -€44,743 | -40.1% |
| Trade receivables | 40 | €7,323 | €7,262 | -€60 | -0.8% |
| Other amounts receivable | 41 | €104,258 | €59,576 | -€44,682 | -42.9% |
| Cash at bank and in hand | 54/58 | €24,345 | €37,670 | +€13,325 | +54.7% |
| Total equity and liabilities | 10/49 | €3,419,706 | €3,196,728 | -€222,979 | -6.5% |
| Equity | 10/15 | €616,232 | €721,562 | +€105,330 | +17.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €448,982 | €569,206 | +€120,224 | +26.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €446,982 | €567,206 | +€120,224 | +26.9% |
| Profit (loss) carried forward | 14 | €503 | €503 | = | 0.0% |
| Investment grants | 15 | €146,747 | €131,853 | -€14,894 | -10.1% |
| Amounts payable | 17/49 | €2,803,475 | €2,475,166 | -€328,309 | -11.7% |
| Amounts payable after more than one year | 17 | €2,571,367 | €2,295,297 | -€276,069 | -10.7% |
| Financial debts | 170/4 | €2,571,367 | €2,295,297 | -€276,069 | -10.7% |
| Amounts payable within one year | 42/48 | €229,871 | €177,631 | -€52,239 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €129,945 | €131,069 | +€1,124 | +0.9% |
| Trade debts | 44 | €54,017 | €5,512 | -€48,505 | -89.8% |
| Suppliers | 440/4 | €54,017 | €5,512 | -€48,505 | -89.8% |
| Taxes, remuneration and social security | 45 | €35,857 | €26,088 | -€9,769 | -27.2% |
| Taxes | 450/3 | €35,857 | €26,088 | -€9,769 | -27.2% |
| Other amounts payable | 47/48 | €10,051 | €14,962 | +€4,910 | +48.9% |
| Accrued charges and deferred income | 492/3 | €2,238 | €2,238 | = | 0.0% |
| Turnover | 70 | €339,440 | €387,686 | +€48,246 | +14.2% |
| Non-recurring operating income | 76A | €1,902 | €0 | -€1,902 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €69,126 | €76,109 | +€6,982 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158,148 | €196,091 | +€37,943 | +24.0% |
| Other operating charges | 640/8 | €414 | €400 | -€14 | -3.4% |
| Gross operating margin | 9900 | €272,215 | €311,577 | +€39,362 | +14.5% |
| Operating profit (loss) | 9901 | €113,653 | €115,086 | +€1,433 | +1.3% |
| Financial income | 75/76B | €75,928 | €99,388 | +€23,461 | +30.9% |
| Recurring financial income | 75 | €75,928 | €99,388 | +€23,461 | +30.9% |
| Financial charges | 65/66B | €35,268 | €40,383 | +€5,115 | +14.5% |
| Recurring financial charges | 65 | €35,268 | €40,383 | +€5,115 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €154,312 | €174,092 | +€19,779 | +12.8% |
| Income taxes | 67/77 | €21,857 | €36,742 | +€14,885 | +68.1% |
| Profit (loss) for the period | 9904 | €132,456 | €137,350 | +€4,894 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €132,456 | €137,350 | +€4,894 | +3.7% |
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 25 October 2026 via checked.be.