B.G.T. CONSULTING: what changed
What changed
B.G.T. CONSULTING
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€251,515
2024 · €136,314+€115,200
Equity
€21.0m
2024 · €20.8m+€251,515
Cash
€71,134
2024 · €337,506-€266,372
Balance sheet total
€23.1m
2024 · €23.5m-€428,031
Largest movements
Assets
- Receivables within one year -€447,423
down €447,423 (-42.9%), from €1.0m to €595,428
of which Other amounts receivable: -€452,325
- Cash -€266,372
down €266,372 (-78.9%), from €337,506 to €71,134
mainly Other debts (-€704,771) and Receivables after one year (-€265,857)
- Receivables after one year +€265,857
up €265,857 (+2.0%), from €13.1m to €13.4m
Equity and liabilities
- Other debts -€704,771
down €704,771 (-49.0%), from €1.4m to €732,217
- Reserves +€251,515
up €251,515 (+2.8%), from €8.8m to €9.1m
of which Distributable reserves: +€251,515
Income statement
- Financial income +€279,957
up €279,957 (+30.1%), from €929,122 to €1.2m
- Financial charges +€186,997
up €186,997 (+120%), from €156,250 to €343,247
- Gross operating margin +€159,317
up €159,317 (+88.2%), from -€180,681 to -€21,364
- Taxes +€101,650
up €101,650 (+64.0%), from €158,824 to €260,474
- Staff costs +€27,867
up €27,867 (+28.6%), from €97,587 to €125,454
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
€136,314
Gross operating margin
+€159,317
Staff costs
-€27,867
Depreciation
-€22,874
Other operating charges
+€15,313
Financial income
+€279,957
Financial charges
-€186,997
Taxes
-€101,650
Result 2025
€251,515
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
+€58,163
Investment
-€177,480
Financing
-€147,056
Cash 2024
€337,506
From operations (derived)
+€58,163
Net result for the year
+€251,515
Depreciation
+€185,644
Receivables after one year
-€265,857
Receivables within one year
+€447,423
Deferred charges and accrued income
-€28,072
Trade debts
+€4,041
Tax, wage and social debts
+€168,241
Other debts
-€704,771
Investment (derived)
-€177,480
Investment in fixed assets (net)
-€106,293
Current investments
-€71,187
Financing
-€147,056
Debts after one year
-€132,884
Current portion of long-term debt
+€2,927
Short-term financial debts
-€17,098
Cash 2025
€71,134
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,482,386 | €23,054,355 | -€428,031 | -1.8% |
| Fixed assets | 21/28 | €6,202,339 | €6,122,987 | -€79,351 | -1.3% |
| Tangible fixed assets | 22/27 | €3,823,066 | €3,685,965 | -€137,101 | -3.6% |
| Land and buildings | 22 | €3,741,808 | €3,600,720 | -€141,088 | -3.8% |
| Furniture and vehicles | 24 | €81,258 | €85,245 | +€3,986 | +4.9% |
| Financial fixed assets | 28 | €2,379,273 | €2,437,023 | +€57,750 | +2.4% |
| Current assets | 29/58 | €17,280,047 | €16,931,368 | -€348,679 | -2.0% |
| Amounts receivable after more than one year | 29 | €13,116,429 | €13,382,286 | +€265,857 | +2.0% |
| Other amounts receivable | 291 | €13,116,429 | €13,382,286 | +€265,857 | +2.0% |
| Amounts receivable within one year | 40/41 | €1,042,851 | €595,428 | -€447,423 | -42.9% |
| Trade receivables | 40 | €36,359 | €41,261 | +€4,902 | +13.5% |
| Other amounts receivable | 41 | €1,006,492 | €554,167 | -€452,325 | -44.9% |
| Current investments | 50/53 | €2,776,751 | €2,847,939 | +€71,187 | +2.6% |
| Cash at bank and in hand | 54/58 | €337,506 | €71,134 | -€266,372 | -78.9% |
| Deferred charges and accrued income | 490/1 | €6,509 | €34,581 | +€28,072 | +431% |
| Total equity and liabilities | 10/49 | €23,482,386 | €23,054,355 | -€428,031 | -1.8% |
| Equity | 10/15 | €20,776,589 | €21,028,103 | +€251,515 | +1.2% |
| 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% |
| Reserves | 13 | €8,830,635 | €9,082,150 | +€251,515 | +2.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €8,824,435 | €9,075,950 | +€251,515 | +2.9% |
| Profit (loss) carried forward | 14 | €11,883,953 | €11,883,953 | = | 0.0% |
| Amounts payable | 17/49 | €2,705,797 | €2,026,252 | -€679,545 | -25.1% |
| Amounts payable after more than one year | 17 | €1,030,178 | €897,294 | -€132,884 | -12.9% |
| Financial debts | 170/4 | €1,030,178 | €897,294 | -€132,884 | -12.9% |
| Amounts payable within one year | 42/48 | €1,669,322 | €1,122,661 | -€546,661 | -32.7% |
| Current portion of amounts payable after more than one year | 42 | €129,958 | €132,884 | +€2,927 | +2.3% |
| Financial debts | 43 | €50,721 | €33,623 | -€17,098 | -33.7% |
| Credit institutions | 430/8 | €50,721 | €33,623 | -€17,098 | -33.7% |
| Trade debts | 44 | €14,762 | €18,802 | +€4,041 | +27.4% |
| Suppliers | 440/4 | €14,762 | €18,802 | +€4,041 | +27.4% |
| Taxes, remuneration and social security | 45 | €36,893 | €205,134 | +€168,241 | +456% |
| Taxes | 450/3 | €25,811 | €190,631 | +€164,820 | +639% |
| Remuneration and social security | 454/9 | €11,082 | €14,503 | +€3,422 | +30.9% |
| Other amounts payable | 47/48 | €1,436,989 | €732,217 | -€704,771 | -49.0% |
| Accrued charges and deferred income | 492/3 | €6,297 | €6,297 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €97,587 | €125,454 | +€27,867 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,770 | €185,644 | +€22,874 | +14.1% |
| Other operating charges | 640/8 | €36,695 | €21,383 | -€15,313 | -41.7% |
| Gross operating margin | 9900 | -€180,681 | -€21,364 | +€159,317 | +88.2% |
| Operating profit (loss) | 9901 | -€477,734 | -€353,844 | +€123,889 | +25.9% |
| Financial income | 75/76B | €929,122 | €1,209,080 | +€279,957 | +30.1% |
| Recurring financial income | 75 | €929,122 | €1,209,080 | +€279,957 | +30.1% |
| Financial charges | 65/66B | €156,250 | €343,247 | +€186,997 | +120% |
| Recurring financial charges | 65 | €156,250 | €343,247 | +€186,997 | +120% |
| Profit (loss) for the period before taxes | 9903 | €295,138 | €511,988 | +€216,850 | +73.5% |
| Income taxes | 67/77 | €158,824 | €260,474 | +€101,650 | +64.0% |
| Profit (loss) for the period | 9904 | €136,314 | €251,515 | +€115,200 | +84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €136,314 | €251,515 | +€115,200 | +84.5% |
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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 2 November 2026 via checked.be.