Baldé Consulting: what changed
Two fiscal 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.
Baldé Consulting
Largest movements
- Cash -€10,262
down €10,262 (-48.6%), from €21,115 to €10,853
mainly Contributions, distributions and other (-€47,000) and Investment in fixed assets (net) (-€861)
- Receivables after one year -€4,650
down €4,650 (-15.5%), from €30,000 to €25,350
- Receivables within one year +€744
up €744 (+8.5%), from €8,734 to €9,478
of which Trade receivables: +€901
- Profit (loss) carried forward -€14,814
down €14,814 (-25.4%), from €58,392 to €43,578
- Other debts +€864
new in 2025: €864
- Gross operating margin +€22,576
up €22,576 (+98.8%), from €22,850 to €45,425
- Taxes +€4,879
up €4,879 (+111.9%), from €4,359 to €9,238
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 | €62,327 | €48,546 | -€13,781 | -22.1% |
| Fixed assets | 21/28 | €2,478 | €2,268 | -€210 | -8.5% |
| Tangible fixed assets | 22/27 | €2,478 | €2,268 | -€210 | -8.5% |
| Furniture and vehicles | 24 | €2,478 | €2,268 | -€210 | -8.5% |
| Current assets | 29/58 | €59,849 | €46,278 | -€13,571 | -22.7% |
| Amounts receivable after more than one year | 29 | €30,000 | €25,350 | -€4,650 | -15.5% |
| Other amounts receivable | 291 | €30,000 | €25,350 | -€4,650 | -15.5% |
| Amounts receivable within one year | 40/41 | €8,734 | €9,478 | +€744 | +8.5% |
| Trade receivables | 40 | €8,276 | €9,178 | +€901 | +10.9% |
| Other amounts receivable | 41 | €458 | €300 | -€158 | -34.4% |
| Cash at bank and in hand | 54/58 | €21,115 | €10,853 | -€10,262 | -48.6% |
| Deferred charges and accrued income | 490/1 | - | €597 | +€597 | |
| Total equity and liabilities | 10/49 | €62,327 | €48,546 | -€13,781 | -22.1% |
| Equity | 10/15 | €59,392 | €44,578 | -€14,814 | -24.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,392 | €43,578 | -€14,814 | -25.4% |
| Amounts payable | 17/49 | €2,935 | €3,968 | +€1,033 | +35.2% |
| Amounts payable within one year | 42/48 | €2,935 | €3,968 | +€1,033 | +35.2% |
| Trade debts | 44 | €1,019 | €1,181 | +€162 | +15.9% |
| Suppliers | 440/4 | €1,019 | €1,181 | +€162 | +15.9% |
| Taxes, remuneration and social security | 45 | €1,915 | €1,923 | +€8 | +0.4% |
| Taxes | 450/3 | €1,915 | €1,923 | +€8 | +0.4% |
| Other amounts payable | 47/48 | - | €864 | +€864 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,253 | €1,071 | -€182 | -14.5% |
| Other operating charges | 640/8 | €491 | €754 | +€263 | +53.6% |
| Non-recurring operating charges | 66A | €2,363 | €0 | -€2,363 | -100.0% |
| Gross operating margin | 9900 | €22,850 | €45,425 | +€22,576 | +98.8% |
| Operating profit (loss) | 9901 | €18,743 | €43,600 | +€24,858 | +132.6% |
| Financial income | 75/76B | - | €126 | +€126 | |
| Recurring financial income | 75 | - | €126 | +€126 | |
| Financial charges | 65/66B | €2,695 | €2,303 | -€392 | -14.6% |
| Recurring financial charges | 65 | €2,695 | €2,303 | -€392 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €16,047 | €41,424 | +€25,377 | +158.1% |
| Income taxes | 67/77 | €4,359 | €9,238 | +€4,879 | +111.9% |
| Profit (loss) for the period | 9904 | €11,688 | €32,186 | +€20,498 | +175.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,688 | €32,186 | +€20,498 | +175.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.