B.T.B. CONSULT: what changed
B.T.B. CONSULT
Largest movements
- Receivables within one year +€17,565
up €17,565 (+31.1%), from €56,497 to €74,062
of which Trade receivables: +€17,565
- Cash -€9,953
down €9,953 (-30.8%), from €32,271 to €22,318
mainly Receivables within one year (-€17,565) and Debts after one year (-€10,701)
- Tangible fixed assets -€5,380
down €5,380 (-19.4%), from €27,676 to €22,296
of which Furniture and vehicles: -€5,330
- Reserves +€14,300
up €14,300 (+27.9%), from €51,291 to €65,591
of which Distributable reserves: +€14,300
- Debts after one year -€10,701
down €10,701 (-63.4%), from €16,869 to €6,168
- Short-term financial debts +€8,751
up €8,751 (+79.9%), from €10,950 to €19,701
- Tax, wage and social debts -€6,404
down €6,404 (-43.7%), from €14,663 to €8,259
- Other debts -€3,909
down €3,909 (-93.3%), from €4,188 to €279
- Gross operating margin +€2,583
up €2,583 (+9.2%), from €28,157 to €30,740
- Taxes +€1,758
up €1,758 (+39.5%), from €4,446 to €6,204
- Financial income -€1,130
down €1,130 (-52.7%), from €2,144 to €1,014
- Depreciation +€884
up €884 (+14.1%), from €6,268 to €7,152
- Other operating charges +€721
up €721 (+78.4%), from €920 to €1,641
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €172,168 | €174,400 | +€2,232 | +1.3% |
| Fixed assets | 21/28 | €37,297 | €31,917 | -€5,380 | -14.4% |
| Tangible fixed assets | 22/27 | €27,676 | €22,296 | -€5,380 | -19.4% |
| Land and buildings | 22 | €11,776 | €9,956 | -€1,820 | -15.5% |
| Plant, machinery and equipment | 23 | - | €1,770 | +€1,770 | |
| Furniture and vehicles | 24 | €15,900 | €10,570 | -€5,330 | -33.5% |
| Financial fixed assets | 28 | €9,621 | €9,621 | = | 0.0% |
| Current assets | 29/58 | €134,871 | €142,483 | +€7,612 | +5.6% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €56,497 | €74,062 | +€17,565 | +31.1% |
| Trade receivables | 40 | €32,311 | €49,876 | +€17,565 | +54.4% |
| Other amounts receivable | 41 | €24,186 | €24,186 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €32,271 | €22,318 | -€9,953 | -30.8% |
| Deferred charges and accrued income | 490/1 | €21,103 | €21,103 | = | 0.0% |
| Total equity and liabilities | 10/49 | €172,168 | €174,400 | +€2,232 | +1.3% |
| Equity | 10/15 | €119,852 | €134,256 | +€14,404 | +12.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €51,291 | €65,591 | +€14,300 | +27.9% |
| Tax-exempt reserves | 132 | €4,191 | €4,191 | = | 0.0% |
| Distributable reserves | 133 | €47,100 | €61,400 | +€14,300 | +30.4% |
| Profit (loss) carried forward | 14 | €48,561 | €48,664 | +€104 | +0.2% |
| Amounts payable | 17/49 | €52,316 | €40,145 | -€12,172 | -23.3% |
| Amounts payable after more than one year | 17 | €16,869 | €6,168 | -€10,701 | -63.4% |
| Financial debts | 170/4 | €16,869 | €6,168 | -€10,701 | -63.4% |
| Amounts payable within one year | 42/48 | €35,447 | €33,977 | -€1,470 | -4.1% |
| Financial debts | 43 | €10,950 | €19,701 | +€8,751 | +79.9% |
| Credit institutions | 430/8 | €10,950 | €19,701 | +€8,751 | +79.9% |
| Trade debts | 44 | €5,646 | €5,737 | +€92 | +1.6% |
| Suppliers | 440/4 | €5,646 | €5,737 | +€92 | +1.6% |
| Taxes, remuneration and social security | 45 | €14,663 | €8,259 | -€6,404 | -43.7% |
| Taxes | 450/3 | €14,663 | €8,259 | -€6,404 | -43.7% |
| Other amounts payable | 47/48 | €4,188 | €279 | -€3,909 | -93.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,268 | €7,152 | +€884 | +14.1% |
| Other operating charges | 640/8 | €920 | €1,641 | +€721 | +78.4% |
| Gross operating margin | 9900 | €28,157 | €30,740 | +€2,583 | +9.2% |
| Operating profit (loss) | 9901 | €20,969 | €21,947 | +€977 | +4.7% |
| Financial income | 75/76B | €2,144 | €1,014 | -€1,130 | -52.7% |
| Recurring financial income | 75 | €2,144 | €1,014 | -€1,130 | -52.7% |
| Financial charges | 65/66B | €2,679 | €2,353 | -€327 | -12.2% |
| Recurring financial charges | 65 | €2,679 | €2,353 | -€327 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €20,435 | €20,608 | +€173 | +0.8% |
| Income taxes | 67/77 | €4,446 | €6,204 | +€1,758 | +39.5% |
| Profit (loss) for the period | 9904 | €15,989 | €14,404 | -€1,585 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,989 | €14,404 | -€1,585 | -9.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.