BAES 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.
BAES CONSULTING
Largest movements
- Current investments -€14,735
down €14,735 (-37.1%), from €39,735 to €25,000
- Receivables within one year +€2,876
new in 2025: €2,876
of which Trade receivables: +€2,814
- Tax, wage and social debts -€6,245
down €6,245 (-66.9%), from €9,337 to €3,091
- Reserves -€3,075
down €3,075 (-28.7%), from €10,702 to €7,627
- Trade debts -€1,640
down €1,640 (-96.1%), from €1,707 to €67
- Other debts -€799
down €799 (-5.0%), from €15,990 to €15,191
- Gross operating margin -€9,499
down €9,499 (-88.4%), from €10,746 to €1,247
- Taxes +€3,091
new in 2025: €3,091
- Financial charges +€611
up €611 (+1,389%), from €44 to €655
- Other operating charges +€575
new in 2025: €575
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 | €39,735 | €27,976 | -€11,759 | -29.6% |
| Current assets | 29/58 | €39,735 | €27,976 | -€11,759 | -29.6% |
| Amounts receivable within one year | 40/41 | - | €2,876 | +€2,876 | |
| Trade receivables | 40 | - | €2,814 | +€2,814 | |
| Other amounts receivable | 41 | - | €62 | +€62 | |
| Current investments | 50/53 | €39,735 | €25,000 | -€14,735 | -37.1% |
| Cash at bank and in hand | 54/58 | - | €100 | +€100 | |
| Total equity and liabilities | 10/49 | €39,735 | €27,976 | -€11,759 | -29.6% |
| Equity | 10/15 | €12,702 | €9,627 | -€3,075 | -24.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,702 | €7,627 | -€3,075 | -28.7% |
| Distributable reserves | 133 | €10,702 | €7,627 | -€3,075 | -28.7% |
| Amounts payable | 17/49 | €27,033 | €18,349 | -€8,684 | -32.1% |
| Amounts payable within one year | 42/48 | €27,033 | €18,349 | -€8,684 | -32.1% |
| Trade debts | 44 | €1,707 | €67 | -€1,640 | -96.1% |
| Suppliers | 440/4 | €1,707 | €67 | -€1,640 | -96.1% |
| Taxes, remuneration and social security | 45 | €9,337 | €3,091 | -€6,245 | -66.9% |
| Taxes | 450/3 | €9,337 | €3,091 | -€6,245 | -66.9% |
| Other amounts payable | 47/48 | €15,990 | €15,191 | -€799 | -5.0% |
| Other operating charges | 640/8 | - | €575 | +€575 | |
| Gross operating margin | 9900 | €10,746 | €1,247 | -€9,499 | -88.4% |
| Operating profit (loss) | 9901 | €10,746 | €672 | -€10,074 | -93.7% |
| Financial charges | 65/66B | €44 | €655 | +€611 | +1,389% |
| Recurring financial charges | 65 | €44 | €655 | +€611 | +1,389% |
| Profit (loss) for the period before taxes | 9903 | €10,702 | €16 | -€10,685 | -99.8% |
| Income taxes | 67/77 | - | €3,091 | +€3,091 | |
| Profit (loss) for the period | 9904 | €10,702 | -€3,075 | -€13,776 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,702 | -€3,075 | -€13,776 |
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 19 October 2026 via checked.be.