BART CALLAERT 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.
BART CALLAERT CONSULTING
Largest movements
- Tangible fixed assets +€39,049
up €39,049 (+95.7%), from €40,812 to €79,861
of which Furniture and vehicles: +€44,980
- Receivables within one year +€37,660
up €37,660 (+286%), from €13,154 to €50,815
of which Other amounts receivable: +€36,919
- Cash +€5,849
up €5,849 (+18.6%), from €31,436 to €37,286
mainly Trade debts (+€37,621) and Net result for the year (+€32,301)
- Trade debts +€37,621
up €37,621 (+985%), from €3,821 to €41,442
- Other debts +€26,089
up €26,089 (+435%), from €6,000 to €32,089
- Debts after one year +€22,011
new in 2025: €22,011
- Current portion of long-term debt +€12,013
up €12,013 (+801%), from €1,500 to €13,513
- Contributions -€12,000
down €12,000 (-64.5%), from €18,600 to €6,600
- Gross operating margin +€44,221
up €44,221 (+145%), from €30,601 to €74,822
- Taxes +€11,477
up €11,477 (+233%), from €4,925 to €16,401
- Depreciation +€10,312
up €10,312 (+82.9%), from €12,443 to €22,755
- Other operating charges +€2,016
up €2,016 (+231%), from €874 to €2,891
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 | €89,407 | €173,282 | +€83,875 | +93.8% |
| Fixed assets | 21/28 | €40,812 | €79,861 | +€39,049 | +95.7% |
| Tangible fixed assets | 22/27 | €40,812 | €79,861 | +€39,049 | +95.7% |
| Plant, machinery and equipment | 23 | €5,038 | €4,087 | -€951 | -18.9% |
| Furniture and vehicles | 24 | €16,807 | €61,787 | +€44,980 | +268% |
| Other tangible fixed assets | 26 | €18,968 | €13,987 | -€4,981 | -26.3% |
| Current assets | 29/58 | €48,595 | €93,421 | +€44,827 | +92.2% |
| Amounts receivable within one year | 40/41 | €13,154 | €50,815 | +€37,660 | +286% |
| Trade receivables | 40 | €8,364 | €9,105 | +€741 | +8.9% |
| Other amounts receivable | 41 | €4,790 | €41,710 | +€36,919 | +771% |
| Cash at bank and in hand | 54/58 | €31,436 | €37,286 | +€5,849 | +18.6% |
| Deferred charges and accrued income | 490/1 | €4,004 | €5,321 | +€1,317 | +32.9% |
| Total equity and liabilities | 10/49 | €89,407 | €173,282 | +€83,875 | +93.8% |
| Equity | 10/15 | €74,639 | €62,851 | -€11,788 | -15.8% |
| Contributions | 10/11 | €18,600 | €6,600 | -€12,000 | -64.5% |
| Reserves | 13 | €55,263 | €56,251 | +€988 | +1.8% |
| Distributable reserves | 133 | €55,263 | €56,251 | +€988 | +1.8% |
| Profit (loss) carried forward | 14 | €776 | - | -€776 | |
| Amounts payable | 17/49 | €14,768 | €110,431 | +€95,663 | +648% |
| Amounts payable after more than one year | 17 | - | €22,011 | +€22,011 | |
| Financial debts | 170/4 | - | €22,011 | +€22,011 | |
| Amounts payable within one year | 42/48 | €14,768 | €88,421 | +€73,653 | +499% |
| Current portion of amounts payable after more than one year | 42 | €1,500 | €13,513 | +€12,013 | +801% |
| Trade debts | 44 | €3,821 | €41,442 | +€37,621 | +985% |
| Suppliers | 440/4 | €3,821 | €41,442 | +€37,621 | +985% |
| Taxes, remuneration and social security | 45 | €3,447 | €1,376 | -€2,071 | -60.1% |
| Taxes | 450/3 | €3,447 | €1,376 | -€2,071 | -60.1% |
| Other amounts payable | 47/48 | €6,000 | €32,089 | +€26,089 | +435% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,443 | €22,755 | +€10,312 | +82.9% |
| Other operating charges | 640/8 | €874 | €2,891 | +€2,016 | +231% |
| Gross operating margin | 9900 | €30,601 | €74,822 | +€44,221 | +145% |
| Operating profit (loss) | 9901 | €17,284 | €49,176 | +€31,893 | +185% |
| Financial income | 75/76B | €224 | €681 | +€457 | +204% |
| Recurring financial income | 75 | €224 | €681 | +€457 | +204% |
| Financial charges | 65/66B | €1,803 | €1,155 | -€648 | -35.9% |
| Recurring financial charges | 65 | €1,803 | €1,155 | -€648 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €15,705 | €48,703 | +€32,998 | +210% |
| Income taxes | 67/77 | €4,925 | €16,401 | +€11,477 | +233% |
| Profit (loss) for the period | 9904 | €10,780 | €32,301 | +€21,521 | +200% |
| Profit (loss) for the period to be appropriated | 9905 | €10,780 | €32,301 | +€21,521 | +200% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.