BACO CONSULTING & MANAGEMENT: 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.
BACO CONSULTING & MANAGEMENT
Largest movements
- Tangible fixed assets -€3,147
down €3,147 (-48.7%), from €6,463 to €3,316
- Intangible fixed assets -€917
no longer reported in 2025 (was €917)
- Receivables within one year +€797
up €797 (+23.4%), from €3,408 to €4,205
of which Trade receivables: +€483
- Cash -€481
down €481 (-59.0%), from €815 to €335
mainly Net result for the year (-€3,877) and Receivables within one year (-€797)
- Profit (loss) carried forward -€3,877
down €3,877 (-52.4%), from -€7,394 to -€11,271
- Trade debts +€451
up €451 (+7,316%), from €6 to €458
- Other debts -€323
down €323 (-2.3%), from €13,992 to €13,669
- Gross operating margin +€3,719
up €3,719, from -€2,137 to €1,582
- Depreciation -€915
down €915 (-18.4%), from €4,980 to €4,065
- Financial charges +€420
up €420 (+83.7%), from €502 to €922
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 | €11,604 | €7,856 | -€3,748 | -32.3% |
| Fixed assets | 21/28 | €7,381 | €3,316 | -€4,065 | -55.1% |
| Intangible fixed assets | 21 | €917 | - | -€917 | |
| Tangible fixed assets | 22/27 | €6,463 | €3,316 | -€3,147 | -48.7% |
| Furniture and vehicles | 24 | €6,463 | €3,316 | -€3,147 | -48.7% |
| Current assets | 29/58 | €4,223 | €4,540 | +€316 | +7.5% |
| Amounts receivable within one year | 40/41 | €3,408 | €4,205 | +€797 | +23.4% |
| Trade receivables | 40 | - | €483 | +€483 | |
| Other amounts receivable | 41 | €3,408 | €3,722 | +€314 | +9.2% |
| Cash at bank and in hand | 54/58 | €815 | €335 | -€481 | -59.0% |
| Total equity and liabilities | 10/49 | €11,604 | €7,856 | -€3,748 | -32.3% |
| Equity | 10/15 | -€2,394 | -€6,271 | -€3,877 | -162% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,394 | -€11,271 | -€3,877 | -52.4% |
| Amounts payable | 17/49 | €13,998 | €14,127 | +€128 | +0.9% |
| Amounts payable within one year | 42/48 | €13,998 | €14,127 | +€128 | +0.9% |
| Trade debts | 44 | €6 | €458 | +€451 | +7,316% |
| Suppliers | 440/4 | €6 | €458 | +€451 | +7,316% |
| Other amounts payable | 47/48 | €13,992 | €13,669 | -€323 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,980 | €4,065 | -€915 | -18.4% |
| Other operating charges | 640/8 | €457 | €471 | +€15 | +3.2% |
| Gross operating margin | 9900 | -€2,137 | €1,582 | +€3,719 | |
| Operating profit (loss) | 9901 | -€7,574 | -€2,954 | +€4,619 | +61.0% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €502 | €922 | +€420 | +83.7% |
| Recurring financial charges | 65 | €502 | €922 | +€420 | +83.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,073 | -€3,877 | +€4,196 | +52.0% |
| Profit (loss) for the period | 9904 | -€8,073 | -€3,877 | +€4,196 | +52.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,073 | -€3,877 | +€4,196 | +52.0% |
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 16 October 2026 via checked.be.