BAGH 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.
BAGH Consulting
Largest movements
- Cash +€75,426
up €75,426 (+302%), from €25,013 to €100,439
mainly Net result for the year (+€70,324) and Tax, wage and social debts (+€13,744)
- Receivables within one year +€4,108
up €4,108 (+23.1%), from €17,787 to €21,895
of which Other amounts receivable: +€3,261
- Profit (loss) carried forward +€70,324
up €70,324 (+333%), from €21,090 to €91,414
- Tax, wage and social debts +€13,744
up €13,744 (+117%), from €11,762 to €25,505
- Other debts -€8,698
no longer reported in 2025 (was €8,698)
- Trade debts +€4,840
up €4,840 (+645%), from €750 to €5,590
- Gross operating margin +€61,972
up €61,972 (+232%), from €26,674 to €88,646
- Taxes +€12,586
up €12,586 (+226%), from €5,578 to €18,164
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 | €42,800 | €123,010 | +€80,210 | +187% |
| Current assets | 29/58 | €42,800 | €123,010 | +€80,210 | +187% |
| Amounts receivable within one year | 40/41 | €17,787 | €21,895 | +€4,108 | +23.1% |
| Trade receivables | 40 | €17,787 | €18,634 | +€847 | +4.8% |
| Other amounts receivable | 41 | - | €3,261 | +€3,261 | |
| Cash at bank and in hand | 54/58 | €25,013 | €100,439 | +€75,426 | +302% |
| Deferred charges and accrued income | 490/1 | - | €676 | +€676 | |
| Total equity and liabilities | 10/49 | €42,800 | €123,010 | +€80,210 | +187% |
| Equity | 10/15 | €21,590 | €91,914 | +€70,324 | +326% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,090 | €91,414 | +€70,324 | +333% |
| Amounts payable | 17/49 | €21,210 | €31,096 | +€9,886 | +46.6% |
| Amounts payable within one year | 42/48 | €21,210 | €31,096 | +€9,886 | +46.6% |
| Trade debts | 44 | €750 | €5,590 | +€4,840 | +645% |
| Suppliers | 440/4 | €750 | €5,590 | +€4,840 | +645% |
| Taxes, remuneration and social security | 45 | €11,762 | €25,505 | +€13,744 | +117% |
| Taxes | 450/3 | €11,762 | €25,505 | +€13,744 | +117% |
| Other amounts payable | 47/48 | €8,698 | - | -€8,698 | |
| Gross operating margin | 9900 | €26,674 | €88,646 | +€61,972 | +232% |
| Operating profit (loss) | 9901 | €26,674 | €88,646 | +€61,972 | +232% |
| Financial charges | 65/66B | €6 | €159 | +€153 | +2,545% |
| Recurring financial charges | 65 | €6 | €159 | +€153 | +2,545% |
| Profit (loss) for the period before taxes | 9903 | €26,668 | €88,488 | +€61,820 | +232% |
| Income taxes | 67/77 | €5,578 | €18,164 | +€12,586 | +226% |
| Profit (loss) for the period | 9904 | €21,090 | €70,324 | +€49,234 | +233% |
| Profit (loss) for the period to be appropriated | 9905 | €21,090 | €70,324 | +€49,234 | +233% |
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.