B.D.L. CONSEILS: 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.
What changed
B.D.L. CONSEILS
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2,225
2024 · -€22,552+€24,776
Equity
€342,241
2024 · €340,016+€2,225
Cash
€42
2024 · €513-€471
Balance sheet total
€1.2m
2024 · €1.1m+€101,081
Largest movements
Assets
- Receivables within one year +€83,646
up €83,646 (+17.8%), from €468,621 to €552,268
of which Trade receivables: +€62,698
- Receivables after one year +€35,870
new in 2025: €35,870
- Tangible fixed assets -€18,138
down €18,138 (-4.5%), from €404,561 to €386,423
of which Land and buildings: -€9,288
Equity and liabilities
- Other debts +€57,859
up €57,859 (+32.0%), from €180,919 to €238,777
- Debts after one year +€47,178
up €47,178 (+15.3%), from €308,049 to €355,227
of which Financial debts: +€71,199
- Advances received +€42,875
up €42,875 (+68.1%), from €63,004 to €105,878
- Current portion of long-term debt -€42,852
down €42,852 (-66.3%), from €64,626 to €21,775
Income statement
- Gross operating margin -€34,549
down €34,549 (-26.2%), from €131,864 to €97,315
- Staff costs -€29,484
down €29,484 (-37.5%), from €78,578 to €49,094
- Other operating charges -€18,531
down €18,531 (-83.7%), from €22,141 to €3,609
- Depreciation -€9,379
down €9,379 (-34.8%), from €26,926 to €17,547
- Financial charges -€5,706
down €5,706 (-20.7%), from €27,615 to €21,909
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.
Result 2024
-€22,552
Gross operating margin
-€34,549
Staff costs
+€29,484
Depreciation
+€9,379
Other operating charges
+€18,531
Other operating items
+€309
Financial income
-€3,827
Financial charges
+€5,706
Taxes
+€488
Deferred taxes and other
-€745
Result 2025
€2,225
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€5,388
Investment
+€591
Financing
+€4,326
Cash 2024
€513
From operations (derived)
-€5,388
Net result for the year
+€2,225
Depreciation
+€17,547
Receivables after one year
-€35,870
Receivables within one year
-€83,646
Deferred charges and accrued income
-€172
Provisions
-€1,489
Trade debts
+€8,869
Tax, wage and social debts
-€10,809
Advances received
+€42,875
Other debts
+€57,859
Accrued charges and deferred income
-€2,774
Investment (derived)
+€591
Investment in fixed assets (net)
+€591
Financing
+€4,326
Debts after one year
+€47,178
Current portion of long-term debt
-€42,852
Cash 2025
€42
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,143,542 | €1,244,623 | +€101,081 | +8.8% |
| Fixed assets | 21/28 | €599,071 | €580,934 | -€18,138 | -3.0% |
| Tangible fixed assets | 22/27 | €404,561 | €386,423 | -€18,138 | -4.5% |
| Land and buildings | 22 | €342,852 | €333,564 | -€9,288 | -2.7% |
| Plant, machinery and equipment | 23 | €58,024 | €50,915 | -€7,109 | -12.3% |
| Furniture and vehicles | 24 | €3,684 | €1,944 | -€1,740 | -47.2% |
| Financial fixed assets | 28 | €194,510 | €194,510 | = | 0.0% |
| Current assets | 29/58 | €544,471 | €663,689 | +€119,218 | +21.9% |
| Amounts receivable after more than one year | 29 | - | €35,870 | +€35,870 | |
| Trade receivables | 290 | - | €35,870 | +€35,870 | |
| Amounts receivable within one year | 40/41 | €468,621 | €552,268 | +€83,646 | +17.8% |
| Trade receivables | 40 | €48,305 | €111,003 | +€62,698 | +130% |
| Other amounts receivable | 41 | €420,317 | €441,265 | +€20,948 | +5.0% |
| Current investments | 50/53 | €74,835 | €74,835 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €513 | €42 | -€471 | -91.8% |
| Deferred charges and accrued income | 490/1 | €502 | €674 | +€172 | +34.3% |
| Total equity and liabilities | 10/49 | €1,143,542 | €1,244,623 | +€101,081 | +8.8% |
| Equity | 10/15 | €340,016 | €342,241 | +€2,225 | +0.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €162,000 | €162,000 | = | 0.0% |
| Reserves | 13 | €166,741 | €163,848 | -€2,892 | -1.7% |
| Non-distributable reserves | 130/1 | €76,694 | €76,694 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Own shares acquired | 1312 | €74,835 | €74,835 | = | 0.0% |
| Tax-exempt reserves | 132 | €90,046 | €87,154 | -€2,892 | -3.2% |
| Profit (loss) carried forward | 14 | -€50,724 | -€45,607 | +€5,117 | +10.1% |
| Provisions and deferred taxes | 16 | €25,435 | €23,946 | -€1,489 | -5.9% |
| Deferred taxes | 168 | €25,435 | €23,946 | -€1,489 | -5.9% |
| Amounts payable | 17/49 | €778,090 | €878,436 | +€100,345 | +12.9% |
| Amounts payable after more than one year | 17 | €308,049 | €355,227 | +€47,178 | +15.3% |
| Financial debts | 170/4 | €230,692 | €301,891 | +€71,199 | +30.9% |
| Other amounts payable | 178/9 | €77,357 | €53,337 | -€24,021 | -31.1% |
| Amounts payable within one year | 42/48 | €373,879 | €429,820 | +€55,941 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €64,626 | €21,775 | -€42,852 | -66.3% |
| Trade debts | 44 | €15,313 | €24,181 | +€8,869 | +57.9% |
| Suppliers | 440/4 | €15,313 | €24,181 | +€8,869 | +57.9% |
| Advances received on contracts in progress | 46 | €63,004 | €105,878 | +€42,875 | +68.1% |
| Taxes, remuneration and social security | 45 | €50,017 | €39,208 | -€10,809 | -21.6% |
| Taxes | 450/3 | €38,047 | €30,635 | -€7,411 | -19.5% |
| Remuneration and social security | 454/9 | €11,971 | €8,573 | -€3,398 | -28.4% |
| Other amounts payable | 47/48 | €180,919 | €238,777 | +€57,859 | +32.0% |
| Accrued charges and deferred income | 492/3 | €96,162 | €93,388 | -€2,774 | -2.9% |
| Non-recurring operating income | 76A | €238 | - | -€238 | |
| Remuneration, social security and pensions | 62 | €78,578 | €49,094 | -€29,484 | -37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,926 | €17,547 | -€9,379 | -34.8% |
| Other operating charges | 640/8 | €22,141 | €3,609 | -€18,531 | -83.7% |
| Non-recurring operating charges | 66A | €309 | - | -€309 | |
| Gross operating margin | 9900 | €131,864 | €97,315 | -€34,549 | -26.2% |
| Operating profit (loss) | 9901 | €3,910 | €27,065 | +€23,155 | +592% |
| Financial income | 75/76B | €4,411 | €584 | -€3,827 | -86.8% |
| Recurring financial income | 75 | €1 | €584 | +€583 | +69,456% |
| Non-recurring financial income | 76B | €4,410 | - | -€4,410 | |
| Financial charges | 65/66B | €27,615 | €21,909 | -€5,706 | -20.7% |
| Recurring financial charges | 65 | €27,615 | €21,909 | -€5,706 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,294 | €5,740 | +€25,033 | |
| Transfer from deferred taxes | 780 | €2,234 | €1,489 | -€745 | -33.3% |
| Income taxes | 67/77 | €5,492 | €5,004 | -€488 | -8.9% |
| Profit (loss) for the period | 9904 | -€22,552 | €2,225 | +€24,776 | |
| Transfer from tax-exempt reserves | 789 | €4,339 | €2,892 | -€1,446 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,213 | €5,117 | +€23,330 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.