Back Nine Consulting: 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.
Back Nine Consulting
Largest movements
- Cash -€22,261
down €22,261 (-48.3%), from €46,049 to €23,788
mainly Contributions, distributions and other (-€34,264) and Other debts (-€26,146)
- Tangible fixed assets +€19,953
up €19,953 (+667%), from €2,993 to €22,946
- Deferred charges and accrued income +€3,152
up €3,152 (+1,229%), from €256 to €3,408
- Receivables within one year -€1,209
down €1,209 (-8.7%), from €13,894 to €12,684
of which Trade receivables: -€1,225
- Other debts -€26,146
down €26,146 (-55.9%), from €46,756 to €20,610
- Debts after one year +€13,394
new in 2025: €13,394
- Short-term financial debts +€3,528
new in 2025: €3,528
- Reserves +€3,161
up €3,161 (+109%), from €2,893 to €6,054
- Current portion of long-term debt +€3,013
up €3,013 (+96.6%), from €3,119 to €6,133
- Gross operating margin -€11,281
down €11,281 (-17.0%), from €66,460 to €55,178
- Depreciation +€4,172
up €4,172 (+253%), from €1,649 to €5,820
- Taxes -€2,681
down €2,681 (-19.9%), from €13,452 to €10,771
- Financial income +€1,524
up €1,524 (+354,491%), from €0 to €1,525
of which Financial income: +€861
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 | €63,192 | €62,826 | -€366 | -0.6% |
| Fixed assets | 21/28 | €2,993 | €22,946 | +€19,953 | +667% |
| Tangible fixed assets | 22/27 | €2,993 | €22,946 | +€19,953 | +667% |
| Furniture and vehicles | 24 | €2,993 | €22,946 | +€19,953 | +667% |
| Current assets | 29/58 | €60,199 | €39,880 | -€20,319 | -33.8% |
| Amounts receivable within one year | 40/41 | €13,894 | €12,684 | -€1,209 | -8.7% |
| Trade receivables | 40 | €13,884 | €12,659 | -€1,225 | -8.8% |
| Other amounts receivable | 41 | €10 | €25 | +€16 | +163% |
| Cash at bank and in hand | 54/58 | €46,049 | €23,788 | -€22,261 | -48.3% |
| Deferred charges and accrued income | 490/1 | €256 | €3,408 | +€3,152 | +1,229% |
| Total equity and liabilities | 10/49 | €63,192 | €62,826 | -€366 | -0.6% |
| Equity | 10/15 | €2,993 | €6,154 | +€3,161 | +106% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €2,893 | €6,054 | +€3,161 | +109% |
| Distributable reserves | 133 | €2,893 | €6,054 | +€3,161 | +109% |
| Amounts payable | 17/49 | €60,199 | €56,672 | -€3,527 | -5.9% |
| Amounts payable after more than one year | 17 | - | €13,394 | +€13,394 | |
| Financial debts | 170/4 | - | €13,394 | +€13,394 | |
| Amounts payable within one year | 42/48 | €60,199 | €43,278 | -€16,921 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €3,119 | €6,133 | +€3,013 | +96.6% |
| Financial debts | 43 | - | €3,528 | +€3,528 | |
| Credit institutions | 430/8 | - | €3,528 | +€3,528 | |
| Trade debts | 44 | €207 | €3,103 | +€2,896 | +1,401% |
| Suppliers | 440/4 | €207 | €3,103 | +€2,896 | +1,401% |
| Taxes, remuneration and social security | 45 | €10,117 | €9,905 | -€212 | -2.1% |
| Taxes | 450/3 | €10,117 | €9,905 | -€212 | -2.1% |
| Other amounts payable | 47/48 | €46,756 | €20,610 | -€26,146 | -55.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,649 | €5,820 | +€4,172 | +253% |
| Other operating charges | 640/8 | €783 | €1,041 | +€258 | +33.0% |
| Gross operating margin | 9900 | €66,460 | €55,178 | -€11,281 | -17.0% |
| Operating profit (loss) | 9901 | €64,028 | €48,317 | -€15,711 | -24.5% |
| Financial income | 75/76B | €0 | €1,525 | +€1,524 | +354,491% |
| Recurring financial income | 75 | €0 | €862 | +€861 | +200,330% |
| Non-recurring financial income | 76B | - | €663 | +€663 | |
| Financial charges | 65/66B | €2,122 | €1,645 | -€477 | -22.5% |
| Recurring financial charges | 65 | €2,122 | €575 | -€1,548 | -72.9% |
| Non-recurring financial charges | 66B | - | €1,071 | +€1,071 | |
| Profit (loss) for the period before taxes | 9903 | €61,906 | €48,196 | -€13,710 | -22.1% |
| Income taxes | 67/77 | €13,452 | €10,771 | -€2,681 | -19.9% |
| Profit (loss) for the period | 9904 | €48,455 | €37,425 | -€11,029 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,455 | €37,425 | -€11,029 | -22.8% |
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 29 October 2026 via checked.be.