B.F.S: what changed
What changed
B.F.S
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€18,650
2024 · €7,667+€10,983
Equity
€2.5m
2024 · €2.9m-€381,350
Cash
€78,011
2024 · €17,174+€60,837
Balance sheet total
€10.6m
2024 · €10.4m+€151,240
Largest movements
Assets
- Receivables after one year +€642,520
up €642,520 (+657%), from €97,869 to €740,389
- Intangible fixed assets -€454,507
down €454,507 (-33.0%), from €1.4m to €922,851
- Deferred charges and accrued income +€306,475
up €306,475 (+98.7%), from €310,462 to €616,937
- Receivables within one year -€249,764
down €249,764 (-13.3%), from €1.9m to €1.6m
of which Trade receivables: -€268,036
- Tangible fixed assets -€154,319
down €154,319 (-2.3%), from €6.7m to €6.5m
of which Land and buildings: -€139,067
Equity and liabilities
- Debts after one year +€998,698
up €998,698 (+42.2%), from €2.4m to €3.4m
- Tax, wage and social debts -€557,577
down €557,577 (-36.8%), from €1.5m to €955,712
of which Taxes: -€425,904
- Profit (loss) carried forward -€382,286
down €382,286 (-77.5%), from €493,384 to €111,099
- Trade debts +€347,184
up €347,184 (+48.5%), from €715,503 to €1.1m
- Current portion of long-term debt -€248,773
down €248,773 (-25.6%), from €973,024 to €724,251
Income statement
- Goods and materials +€576,758
up €576,758 (+12.4%), from €4.6m to €5.2m
- Staff costs -€257,138
down €257,138 (-7.6%), from €3.4m to €3.1m
- Turnover +€171,613
up €171,613 (+1.4%), from €11.9m to €12.1m
- Other operating charges -€149,182
down €149,182 (-48.6%), from €306,925 to €157,743
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.
Result 2024
€7,667
Turnover
+€171,613
Other operating income
+€17,411
Goods and materials
-€576,758
Services and other goods
+€62,046
Staff costs
+€257,138
Depreciation
-€62,754
Write-downs
-€6,826
Provisions
+€20,103
Other operating charges
+€149,182
Financial income
-€7,135
Financial charges
-€19,818
Taxes
+€6,780
Result 2025
€18,650
raises the resultlowers the result
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.
From operations
+€181,812
Investment
-€464,842
Financing
+€343,867
Cash 2024
€17,174
From operations (derived)
+€181,812
Net result for the year
+€18,650
Depreciation
+€1.1m
Receivables after one year
-€642,520
Receivables within one year
+€249,764
Deferred charges and accrued income
-€306,475
Trade debts
+€347,184
Tax, wage and social debts
-€557,577
Other debts
-€3,003
Accrued charges and deferred income
+€2,120
Investment (derived)
-€464,842
Investment in fixed assets (net)
-€464,842
Financing
+€343,867
Debts after one year
+€998,698
Current portion of long-term debt
-€248,773
Short-term financial debts
-€6,059
Contributions, distributions and other
-€400,000
Cash 2025
€78,011
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,401,249 | €10,552,490 | +€151,240 | +1.5% |
| Fixed assets | 21/28 | €8,100,581 | €7,491,754 | -€608,827 | -7.5% |
| Intangible fixed assets | 21 | €1,377,358 | €922,851 | -€454,507 | -33.0% |
| Tangible fixed assets | 22/27 | €6,693,721 | €6,539,401 | -€154,319 | -2.3% |
| Land and buildings | 22 | €3,840,030 | €3,700,963 | -€139,067 | -3.6% |
| Plant, machinery and equipment | 23 | €2,171,561 | €2,109,878 | -€61,683 | -2.8% |
| Furniture and vehicles | 24 | €413,931 | €459,354 | +€45,423 | +11.0% |
| Leasing and similar rights | 25 | €268,199 | €269,206 | +€1,007 | +0.4% |
| Financial fixed assets | 28 | €29,502 | €29,502 | = | 0.0% |
| Other financial fixed assets | 284/8 | €29,502 | €29,502 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €29,502 | €29,502 | = | 0.0% |
| Current assets | 29/58 | €2,300,668 | €3,060,735 | +€760,067 | +33.0% |
| Amounts receivable after more than one year | 29 | €97,869 | €740,389 | +€642,520 | +657% |
| Other amounts receivable | 291 | €97,869 | €740,389 | +€642,520 | +657% |
| Amounts receivable within one year | 40/41 | €1,875,163 | €1,625,399 | -€249,764 | -13.3% |
| Trade receivables | 40 | €1,847,884 | €1,579,848 | -€268,036 | -14.5% |
| Other amounts receivable | 41 | €27,279 | €45,551 | +€18,272 | +67.0% |
| Cash at bank and in hand | 54/58 | €17,174 | €78,011 | +€60,837 | +354% |
| Deferred charges and accrued income | 490/1 | €310,462 | €616,937 | +€306,475 | +98.7% |
| Total equity and liabilities | 10/49 | €10,401,249 | €10,552,490 | +€151,240 | +1.5% |
| Equity | 10/15 | €2,851,556 | €2,470,206 | -€381,350 | -13.4% |
| Contributions | 10/11 | €1,063,600 | €1,063,600 | = | 0.0% |
| Capital | 10 | €1,063,600 | €1,063,600 | = | 0.0% |
| Issued capital | 100 | €1,063,600 | €1,063,600 | = | 0.0% |
| Revaluation surpluses | 12 | €1,250,000 | €1,250,000 | = | 0.0% |
| Reserves | 13 | €44,572 | €45,507 | +€936 | +2.1% |
| Non-distributable reserves | 130/1 | €25,822 | €26,757 | +€936 | +3.6% |
| Legal reserve | 130 | €21,322 | €22,257 | +€936 | +4.4% |
| Reserves not available under the articles | 1311 | €4,500 | €4,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €493,384 | €111,099 | -€382,286 | -77.5% |
| Provisions and deferred taxes | 16 | €20,103 | €20,103 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,103 | €20,103 | = | 0.0% |
| Other liabilities and charges | 164/5 | €20,103 | €20,103 | = | 0.0% |
| Amounts payable | 17/49 | €7,529,590 | €8,062,181 | +€532,590 | +7.1% |
| Amounts payable after more than one year | 17 | €2,365,408 | €3,364,107 | +€998,698 | +42.2% |
| Financial debts | 170/4 | €2,365,408 | €3,364,107 | +€998,698 | +42.2% |
| Leasing and similar obligations | 172 | €189,606 | €163,428 | -€26,178 | -13.8% |
| Credit institutions | 173 | €2,115,008 | €1,537,688 | -€577,320 | -27.3% |
| Other loans | 174 | €60,795 | €1,662,991 | +€1.6m | +2,635% |
| Amounts payable within one year | 42/48 | €5,153,987 | €4,685,759 | -€468,228 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €973,024 | €724,251 | -€248,773 | -25.6% |
| Financial debts | 43 | €1,948,882 | €1,942,823 | -€6,059 | -0.3% |
| Credit institutions | 430/8 | €1,948,882 | €1,942,823 | -€6,059 | -0.3% |
| Trade debts | 44 | €715,503 | €1,062,687 | +€347,184 | +48.5% |
| Suppliers | 440/4 | €715,503 | €1,062,687 | +€347,184 | +48.5% |
| Taxes, remuneration and social security | 45 | €1,513,289 | €955,712 | -€557,577 | -36.8% |
| Taxes | 450/3 | €718,427 | €292,523 | -€425,904 | -59.3% |
| Remuneration and social security | 454/9 | €794,862 | €663,189 | -€131,673 | -16.6% |
| Other amounts payable | 47/48 | €3,289 | €286 | -€3,003 | -91.3% |
| Accrued charges and deferred income | 492/3 | €10,195 | €12,315 | +€2,120 | +20.8% |
| Operating income | 70/76A | €12,286,898 | €12,475,922 | +€189,024 | +1.5% |
| Turnover | 70 | €11,908,448 | €12,080,061 | +€171,613 | +1.4% |
| Other operating income | 74 | €378,450 | €395,861 | +€17,411 | +4.6% |
| Operating charges | 60/66A | €11,971,932 | €12,129,801 | +€157,869 | +1.3% |
| Goods for resale, raw materials and consumables | 60 | €4,636,742 | €5,213,500 | +€576,758 | +12.4% |
| Purchases | 600/8 | €4,636,742 | €5,213,500 | +€576,758 | +12.4% |
| Services and other goods | 61 | €2,576,269 | €2,514,223 | -€62,046 | -2.4% |
| Remuneration, social security and pensions | 62 | €3,396,503 | €3,139,365 | -€257,138 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,010,915 | €1,073,668 | +€62,754 | +6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24,477 | €31,303 | +€6,826 | +27.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €20,103 | - | -€20,103 | |
| Other operating charges | 640/8 | €306,925 | €157,743 | -€149,182 | -48.6% |
| Operating profit (loss) | 9901 | €314,966 | €346,121 | +€31,155 | +9.9% |
| Financial income | 75/76B | €24,499 | €17,365 | -€7,135 | -29.1% |
| Recurring financial income | 75 | €24,499 | €17,365 | -€7,135 | -29.1% |
| Other financial income | 752/9 | €24,499 | €17,365 | -€7,135 | -29.1% |
| Financial charges | 65/66B | €288,459 | €308,276 | +€19,818 | +6.9% |
| Recurring financial charges | 65 | €288,459 | €308,276 | +€19,818 | +6.9% |
| Debt charges | 650 | €266,076 | €234,576 | -€31,500 | -11.8% |
| Other financial charges | 652/9 | €22,383 | €73,701 | +€51,318 | +229% |
| Profit (loss) for the period before taxes | 9903 | €51,006 | €55,209 | +€4,203 | +8.2% |
| Income taxes | 67/77 | €43,339 | €36,559 | -€6,780 | -15.6% |
| Taxes | 670/3 | €43,532 | €36,559 | -€6,973 | -16.0% |
| Tax adjustments and reversals of tax provisions | 77 | €193 | - | -€193 | |
| Profit (loss) for the period | 9904 | €7,667 | €18,650 | +€10,983 | +143% |
| Profit (loss) for the period to be appropriated | 9905 | €7,667 | €18,650 | +€10,983 | +143% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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.