BAKX 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.
BAKX CONSULTING
Largest movements
- Cash -€47,599
down €47,599 (-27.8%), from €171,164 to €123,565
mainly Contributions, distributions and other (-€65,714) and Current investments (-€39,981)
- Current investments +€39,981
up €39,981 (+30.6%), from €130,500 to €170,481
- Receivables within one year -€16,851
down €16,851 (-84.7%), from €19,896 to €3,045
of which Trade receivables: -€10,209
- Deferred charges and accrued income +€11,625
new in 2025: €11,625
- Reserves -€50,903
down €50,903 (-14.9%), from €341,416 to €290,513
- Other debts +€36,527
new in 2025: €36,527
- Debts after one year -€4,042
down €4,042 (-22.0%), from €18,379 to €14,337
- Financial charges +€20,682
up €20,682 (+2,011%), from €1,029 to €21,711
- Financial income -€6,332
down €6,332 (-58.2%), from €10,886 to €4,555
- Taxes -€5,743
down €5,743 (-40.5%), from €14,172 to €8,430
- Gross operating margin +€5,467
up €5,467 (+13.2%), from €41,459 to €46,926
- Other operating charges +€2,614
up €2,614 (+217%), from €1,202 to €3,816
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 | €389,173 | €373,616 | -€15,557 | -4.0% |
| Fixed assets | 21/28 | €67,613 | €64,900 | -€2,713 | -4.0% |
| Tangible fixed assets | 22/27 | €67,613 | €64,900 | -€2,713 | -4.0% |
| Land and buildings | 22 | €65,994 | €64,125 | -€1,869 | -2.8% |
| Furniture and vehicles | 24 | €1,619 | €775 | -€845 | -52.2% |
| Current assets | 29/58 | €321,560 | €308,716 | -€12,844 | -4.0% |
| Amounts receivable within one year | 40/41 | €19,896 | €3,045 | -€16,851 | -84.7% |
| Trade receivables | 40 | €10,641 | €432 | -€10,209 | -95.9% |
| Other amounts receivable | 41 | €9,255 | €2,613 | -€6,641 | -71.8% |
| Current investments | 50/53 | €130,500 | €170,481 | +€39,981 | +30.6% |
| Cash at bank and in hand | 54/58 | €171,164 | €123,565 | -€47,599 | -27.8% |
| Deferred charges and accrued income | 490/1 | - | €11,625 | +€11,625 | |
| Total equity and liabilities | 10/49 | €389,173 | €373,616 | -€15,557 | -4.0% |
| Equity | 10/15 | €359,966 | €309,063 | -€50,903 | -14.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €341,416 | €290,513 | -€50,903 | -14.9% |
| Distributable reserves | 133 | €341,416 | €290,513 | -€50,903 | -14.9% |
| Amounts payable | 17/49 | €29,207 | €64,553 | +€35,346 | +121% |
| Amounts payable after more than one year | 17 | €18,379 | €14,337 | -€4,042 | -22.0% |
| Financial debts | 170/4 | €18,379 | €14,337 | -€4,042 | -22.0% |
| Amounts payable within one year | 42/48 | €10,828 | €50,216 | +€39,388 | +364% |
| Current portion of amounts payable after more than one year | 42 | €4,188 | €4,239 | +€51 | +1.2% |
| Trade debts | 44 | €154 | €353 | +€199 | +129% |
| Suppliers | 440/4 | €154 | €353 | +€199 | +129% |
| Taxes, remuneration and social security | 45 | €6,486 | €9,097 | +€2,611 | +40.3% |
| Taxes | 450/3 | €6,486 | €9,097 | +€2,611 | +40.3% |
| Other amounts payable | 47/48 | - | €36,527 | +€36,527 | |
| Non-recurring operating income | 76A | - | €16,500 | +€16,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,713 | €2,713 | = | 0.0% |
| Other operating charges | 640/8 | €1,202 | €3,816 | +€2,614 | +217% |
| Gross operating margin | 9900 | €41,459 | €46,926 | +€5,467 | +13.2% |
| Operating profit (loss) | 9901 | €37,544 | €40,397 | +€2,853 | +7.6% |
| Financial income | 75/76B | €10,886 | €4,555 | -€6,332 | -58.2% |
| Recurring financial income | 75 | €10,886 | €4,555 | -€6,332 | -58.2% |
| Financial charges | 65/66B | €1,029 | €21,711 | +€20,682 | +2,011% |
| Recurring financial charges | 65 | €1,029 | €21,711 | +€20,682 | +2,011% |
| Profit (loss) for the period before taxes | 9903 | €47,401 | €23,241 | -€24,161 | -51.0% |
| Income taxes | 67/77 | €14,172 | €8,430 | -€5,743 | -40.5% |
| Profit (loss) for the period | 9904 | €33,229 | €14,811 | -€18,418 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,229 | €14,811 | -€18,418 | -55.4% |
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.