Baneth 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.
What changed
Baneth Consulting
NACE 70.200, Business and other management consultancy
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€231,938
2023 · €223,643+€8,296
Equity
€1.6m
2023 · €1.3m+€231,938
Cash
-
2023 · €7,069-€7,069
Balance sheet total
€1.7m
2023 · €1.5m+€241,759
Largest movements
Assets
- Receivables within one year +€223,989
up €223,989 (+99.4%), from €225,339 to €449,328
of which Other amounts receivable: +€150,233
Equity and liabilities
- Reserves +€231,938
up €231,938 (+28.1%), from €825,423 to €1.1m
of which Distributable reserves: +€231,938
- Trade debts +€58,878
up €58,878 (+314%), from €18,779 to €77,657
- Debts after one year -€21,884
down €21,884 (-56.9%), from €38,447 to €16,563
Income statement
- Financial income +€87,745
up €87,745 (+36.0%), from €244,057 to €331,802
- Gross operating margin -€71,209
down €71,209, from €27,757 to -€43,451
- Staff costs +€9,043
new in 2024: €9,043
- Depreciation +€2,204
up €2,204 (+16.7%), from €13,223 to €15,426
- Taxes -€2,024
down €2,024 (-7.3%), from €27,582 to €25,558
From the 2023 result to the 2024 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.
Result 2023
€223,643
Gross operating margin
-€71,209
Staff costs
-€9,043
Depreciation
-€2,204
Write-downs
+€500
Other operating charges
+€1,006
Other operating items
+€907
Financial income
+€87,745
Financial charges
-€1,431
Taxes
+€2,024
Result 2024
€231,938
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€46,161
Investment
-€30,969
Financing
-€22,261
Cash 2023
€7,069
From operations (derived)
+€46,161
Net result for the year
+€231,938
Depreciation
+€15,426
Receivables within one year
-€223,989
Deferred charges and accrued income
-€9,297
Trade debts
+€58,878
Tax, wage and social debts
-€5,285
Other debts
-€7,000
Accrued charges and deferred income
-€14,510
Investment (derived)
-€30,969
Investment in fixed assets (net)
-€30,969
Financing
-€22,261
Debts after one year
-€21,884
Current portion of long-term debt
-€1,580
Short-term financial debts
+€1,203
Cash 2024
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,453,216 | €1,694,975 | +€241,759 | +16.6% |
| Fixed assets | 21/28 | €1,219,143 | €1,234,686 | +€15,543 | +1.3% |
| Tangible fixed assets | 22/27 | €83,290 | €98,832 | +€15,543 | +18.7% |
| Plant, machinery and equipment | 23 | €1,380 | €9,299 | +€7,919 | +574% |
| Furniture and vehicles | 24 | €12,504 | €11,815 | -€689 | -5.5% |
| Other tangible fixed assets | 26 | €69,406 | €77,719 | +€8,313 | +12.0% |
| Financial fixed assets | 28 | €1,135,853 | €1,135,853 | = | 0.0% |
| Current assets | 29/58 | €234,073 | €460,290 | +€226,217 | +96.6% |
| Amounts receivable within one year | 40/41 | €225,339 | €449,328 | +€223,989 | +99.4% |
| Trade receivables | 40 | €2,439 | €76,195 | +€73,756 | +3,024% |
| Other amounts receivable | 41 | €222,900 | €373,133 | +€150,233 | +67.4% |
| Cash at bank and in hand | 54/58 | €7,069 | - | -€7,069 | |
| Deferred charges and accrued income | 490/1 | €1,665 | €10,962 | +€9,297 | +558% |
| Total equity and liabilities | 10/49 | €1,453,216 | €1,694,975 | +€241,759 | +16.6% |
| Equity | 10/15 | €1,321,276 | €1,553,214 | +€231,938 | +17.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €825,423 | €1,057,361 | +€231,938 | +28.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €823,563 | €1,055,501 | +€231,938 | +28.2% |
| Profit (loss) carried forward | 14 | €489,653 | €489,653 | = | 0.0% |
| Amounts payable | 17/49 | €131,940 | €141,761 | +€9,821 | +7.4% |
| Amounts payable after more than one year | 17 | €38,447 | €16,563 | -€21,884 | -56.9% |
| Financial debts | 170/4 | €38,447 | €16,563 | -€21,884 | -56.9% |
| Amounts payable within one year | 42/48 | €78,983 | €125,198 | +€46,215 | +58.5% |
| Current portion of amounts payable after more than one year | 42 | €25,464 | €23,884 | -€1,580 | -6.2% |
| Financial debts | 43 | - | €1,203 | +€1,203 | |
| Other loans | 439 | - | €1,203 | +€1,203 | |
| Trade debts | 44 | €18,779 | €77,657 | +€58,878 | +314% |
| Suppliers | 440/4 | €18,779 | €77,657 | +€58,878 | +314% |
| Taxes, remuneration and social security | 45 | €25,745 | €20,459 | -€5,285 | -20.5% |
| Taxes | 450/3 | €25,745 | €20,459 | -€5,285 | -20.5% |
| Other amounts payable | 47/48 | €8,995 | €1,995 | -€7,000 | -77.8% |
| Accrued charges and deferred income | 492/3 | €14,510 | - | -€14,510 | |
| Remuneration, social security and pensions | 62 | - | €9,043 | +€9,043 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,223 | €15,426 | +€2,204 | +16.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €500 | - | -€500 | |
| Other operating charges | 640/8 | €2,336 | €1,330 | -€1,006 | -43.1% |
| Non-recurring operating charges | 66A | €907 | - | -€907 | |
| Gross operating margin | 9900 | €27,757 | -€43,451 | -€71,209 | |
| Operating profit (loss) | 9901 | €10,792 | -€69,251 | -€80,043 | |
| Financial income | 75/76B | €244,057 | €331,802 | +€87,745 | +36.0% |
| Recurring financial income | 75 | €244,057 | €331,802 | +€87,745 | +36.0% |
| Financial charges | 65/66B | €3,625 | €5,055 | +€1,431 | +39.5% |
| Recurring financial charges | 65 | €3,625 | €5,055 | +€1,431 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €251,225 | €257,496 | +€6,271 | +2.5% |
| Income taxes | 67/77 | €27,582 | €25,558 | -€2,024 | -7.3% |
| Profit (loss) for the period | 9904 | €223,643 | €231,938 | +€8,296 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €223,643 | €231,938 | +€8,296 | +3.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.