BACE Consulting Group: 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.
BACE Consulting Group
Largest movements
- Cash -€13,908
down €13,908 (-80.5%), from €17,277 to €3,369
mainly Debts after one year (-€22,004) and Receivables within one year (-€13,241)
- Receivables within one year +€13,241
up €13,241 (+2,005%), from €660 to €13,901
of which Trade receivables: +€12,442
- Deferred charges and accrued income -€6,555
down €6,555 (-50.2%), from €13,058 to €6,503
- Debts after one year -€22,004
down €22,004 (-26.7%), from €82,348 to €60,343
- Profit (loss) carried forward +€14,557
up €14,557 (+42.0%), from €34,643 to €49,200
- Other debts -€4,758
down €4,758 (-42.1%), from €11,302 to €6,544
- Tax, wage and social debts +€2,095
up €2,095 (+24.5%), from €8,536 to €10,631
- Gross operating margin -€22,823
down €22,823 (-44.9%), from €50,867 to €28,044
- Taxes -€4,698
down €4,698 (-50.7%), from €9,270 to €4,573
- Financial charges +€1,641
up €1,641 (+37.9%), from €4,326 to €5,967
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 | €177,531 | €168,695 | -€8,836 | -5.0% |
| Fixed assets | 21/28 | €146,536 | €144,922 | -€1,614 | -1.1% |
| Tangible fixed assets | 22/27 | €6,536 | €4,922 | -€1,614 | -24.7% |
| Furniture and vehicles | 24 | €6,536 | €4,922 | -€1,614 | -24.7% |
| Financial fixed assets | 28 | €140,000 | €140,000 | = | 0.0% |
| Current assets | 29/58 | €30,995 | €23,773 | -€7,222 | -23.3% |
| Amounts receivable within one year | 40/41 | €660 | €13,901 | +€13,241 | +2,005% |
| Trade receivables | 40 | €660 | €13,102 | +€12,442 | +1,884% |
| Other amounts receivable | 41 | - | €799 | +€799 | |
| Cash at bank and in hand | 54/58 | €17,277 | €3,369 | -€13,908 | -80.5% |
| Deferred charges and accrued income | 490/1 | €13,058 | €6,503 | -€6,555 | -50.2% |
| Total equity and liabilities | 10/49 | €177,531 | €168,695 | -€8,836 | -5.0% |
| Equity | 10/15 | €55,103 | €69,660 | +€14,557 | +26.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,643 | €49,200 | +€14,557 | +42.0% |
| Amounts payable | 17/49 | €122,428 | €99,035 | -€23,393 | -19.1% |
| Amounts payable after more than one year | 17 | €82,348 | €60,343 | -€22,004 | -26.7% |
| Financial debts | 170/4 | €82,348 | €60,343 | -€22,004 | -26.7% |
| Amounts payable within one year | 42/48 | €40,080 | €38,692 | -€1,388 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €20,066 | €20,345 | +€279 | +1.4% |
| Financial debts | 43 | - | €180 | +€180 | |
| Credit institutions | 430/8 | - | €180 | +€180 | |
| Trade debts | 44 | €176 | €991 | +€815 | +463% |
| Suppliers | 440/4 | €176 | €991 | +€815 | +463% |
| Taxes, remuneration and social security | 45 | €8,536 | €10,631 | +€2,095 | +24.5% |
| Taxes | 450/3 | €8,536 | €10,631 | +€2,095 | +24.5% |
| Other amounts payable | 47/48 | €11,302 | €6,544 | -€4,758 | -42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,285 | €1,614 | +€329 | +25.6% |
| Other operating charges | 640/8 | €484 | €500 | +€16 | +3.3% |
| Gross operating margin | 9900 | €50,867 | €28,044 | -€22,823 | -44.9% |
| Operating profit (loss) | 9901 | €49,098 | €25,930 | -€23,168 | -47.2% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €4,326 | €5,967 | +€1,641 | +37.9% |
| Recurring financial charges | 65 | €4,326 | €5,967 | +€1,641 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | €44,772 | €19,963 | -€24,809 | -55.4% |
| Income taxes | 67/77 | €9,270 | €4,573 | -€4,698 | -50.7% |
| Profit (loss) for the period | 9904 | €35,502 | €15,390 | -€20,111 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,502 | €15,390 | -€20,111 | -56.6% |
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 23 October 2026 via checked.be.