BaGo 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.
BaGo Consulting
Largest movements
- Cash +€67,578
up €67,578 (+74.4%), from €90,791 to €158,369
mainly Net result for the year (+€88,100) and Tax, wage and social debts (+€24,943)
- Current investments +€30,000
up €30,000 (+75.0%), from €40,000 to €70,000
- Deferred charges and accrued income +€7,889
up €7,889 (+1981.1%), from €398 to €8,288
- Tangible fixed assets +€3,099
up €3,099 (+82.5%), from €3,754 to €6,853
- Reserves +€88,100
up €88,100 (+87.6%), from €100,590 to €188,690
- Tax, wage and social debts +€24,943
up €24,943 (+78.8%), from €31,654 to €56,597
- Trade debts -€3,033
down €3,033 (-82.0%), from €3,696 to €664
- Gross operating margin +€4,468
up €4,468 (+4.0%), from €110,883 to €115,351
- Financial income +€1,282
up €1,282 (+574.4%), from €223 to €1,506
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.
Cash bridge derived
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 | €149,464 | €259,451 | +€109,987 | +73.6% |
| Fixed assets | 21/28 | €3,754 | €6,853 | +€3,099 | +82.5% |
| Tangible fixed assets | 22/27 | €3,754 | €6,853 | +€3,099 | +82.5% |
| Plant, machinery and equipment | 23 | €3,754 | €6,853 | +€3,099 | +82.5% |
| Current assets | 29/58 | €145,709 | €252,598 | +€106,889 | +73.4% |
| Amounts receivable within one year | 40/41 | €14,520 | €15,942 | +€1,422 | +9.8% |
| Trade receivables | 40 | €14,520 | €15,942 | +€1,422 | +9.8% |
| Current investments | 50/53 | €40,000 | €70,000 | +€30,000 | +75.0% |
| Cash at bank and in hand | 54/58 | €90,791 | €158,369 | +€67,578 | +74.4% |
| Deferred charges and accrued income | 490/1 | €398 | €8,288 | +€7,889 | +1981.1% |
| Total equity and liabilities | 10/49 | €149,464 | €259,451 | +€109,987 | +73.6% |
| Equity | 10/15 | €103,090 | €191,190 | +€88,100 | +85.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €100,590 | €188,690 | +€88,100 | +87.6% |
| Distributable reserves | 133 | €100,590 | €188,690 | +€88,100 | +87.6% |
| Amounts payable | 17/49 | €46,373 | €68,261 | +€21,888 | +47.2% |
| Amounts payable within one year | 42/48 | €46,373 | €68,261 | +€21,888 | +47.2% |
| Trade debts | 44 | €3,696 | €664 | -€3,033 | -82.0% |
| Suppliers | 440/4 | €3,696 | €664 | -€3,033 | -82.0% |
| Taxes, remuneration and social security | 45 | €31,654 | €56,597 | +€24,943 | +78.8% |
| Taxes | 450/3 | €31,654 | €56,597 | +€24,943 | +78.8% |
| Other amounts payable | 47/48 | €11,023 | €11,001 | -€22 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €439 | €1,489 | +€1,051 | +239.4% |
| Other operating charges | 640/8 | €53 | €46 | -€7 | -13.2% |
| Non-recurring operating charges | 66A | - | €944 | +€944 | |
| Gross operating margin | 9900 | €110,883 | €115,351 | +€4,468 | +4.0% |
| Operating profit (loss) | 9901 | €110,391 | €112,872 | +€2,480 | +2.2% |
| Financial income | 75/76B | €223 | €1,506 | +€1,282 | +574.4% |
| Recurring financial income | 75 | €223 | €1,506 | +€1,282 | +574.4% |
| Financial charges | 65/66B | €2,034 | €2,100 | +€66 | +3.3% |
| Recurring financial charges | 65 | €2,034 | €2,100 | +€66 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €108,581 | €112,277 | +€3,696 | +3.4% |
| Income taxes | 67/77 | €23,161 | €24,178 | +€1,017 | +4.4% |
| Profit (loss) for the period | 9904 | €85,421 | €88,100 | +€2,679 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €85,421 | €88,100 | +€2,679 | +3.1% |
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 12 October 2026 via checked.be.