Bart van Opstal Advies: 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
Bart van Opstal Advies
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€50,754
2024 · €192,276-€141,522
Equity
€1.9m
2024 · €1.8m+€50,754
Cash
€16,379
2024 · €36,382-€20,003
Balance sheet total
€3.6m
2024 · €3.6m-€25,490
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€160,920
down €160,920 (-24.9%), from €647,414 to €486,494
- Profit (loss) carried forward +€76,005
up €76,005 (+73.9%), from -€102,808 to -€26,803
- Other debts +€73,830
up €73,830 (+25.2%), from €293,316 to €367,146
Income statement
- Gross operating margin -€180,354
down €180,354 (-67.1%), from €268,900 to €88,546
- Taxes -€42,682
down €42,682 (-61.5%), from €69,454 to €26,772
- Depreciation -€7,508
down €7,508 (-15.5%), from €48,293 to €40,785
- Other operating charges +€6,015
up €6,015 (+103%), from €5,861 to €11,877
- Financial income -€5,971
down €5,971 (-10.0%), from €59,811 to €53,840
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.
Result 2024
€192,276
Gross operating margin
-€180,354
Depreciation
+€7,508
Other operating charges
-€6,015
Financial income
-€5,971
Financial charges
+€628
Taxes
+€42,682
Result 2025
€50,754
raises the resultlowers the result
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.
From operations
+€208,256
Investment
-€67,958
Financing
-€160,302
Cash 2024
€36,382
From operations (derived)
+€208,256
Net result for the year
+€50,754
Depreciation
+€40,785
Receivables after one year
+€7,246
Receivables within one year
+€5,442
Deferred charges and accrued income
+€19,971
Provisions
-€12,860
Trade debts
+€31,060
Tax, wage and social debts
-€7,269
Other debts
+€73,830
Accrued charges and deferred income
-€704
Investment (derived)
-€67,958
Investment in fixed assets (net)
-€67,958
Financing
-€160,302
Debts after one year
-€160,920
Current portion of long-term debt
+€619
Cash 2025
€16,379
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,584,266 | €3,558,776 | -€25,490 | -0.7% |
| Fixed assets | 21/28 | €2,524,289 | €2,551,462 | +€27,173 | +1.1% |
| Tangible fixed assets | 22/27 | €1,485,975 | €1,513,148 | +€27,173 | +1.8% |
| Land and buildings | 22 | €1,476,410 | €1,436,944 | -€39,466 | -2.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €67,958 | +€67,958 | |
| Other tangible fixed assets | 26 | €9,565 | €8,246 | -€1,319 | -13.8% |
| Financial fixed assets | 28 | €1,038,314 | €1,038,314 | = | 0.0% |
| Current assets | 29/58 | €1,059,977 | €1,007,314 | -€52,662 | -5.0% |
| Amounts receivable after more than one year | 29 | €522,366 | €515,120 | -€7,246 | -1.4% |
| Other amounts receivable | 291 | €522,366 | €515,120 | -€7,246 | -1.4% |
| Amounts receivable within one year | 40/41 | €477,837 | €472,395 | -€5,442 | -1.1% |
| Trade receivables | 40 | €3,388 | €8,913 | +€5,525 | +163% |
| Other amounts receivable | 41 | €474,449 | €463,482 | -€10,967 | -2.3% |
| Cash at bank and in hand | 54/58 | €36,382 | €16,379 | -€20,003 | -55.0% |
| Deferred charges and accrued income | 490/1 | €23,391 | €3,420 | -€19,971 | -85.4% |
| Total equity and liabilities | 10/49 | €3,584,266 | €3,558,776 | -€25,490 | -0.7% |
| Equity | 10/15 | €1,847,229 | €1,897,983 | +€50,754 | +2.7% |
| Contributions | 10/11 | €1,198,880 | €1,198,880 | = | 0.0% |
| Reserves | 13 | €751,157 | €725,907 | -€25,251 | -3.4% |
| Non-distributable reserves | 130/1 | €27,038 | €27,038 | = | 0.0% |
| Reserves not available under the articles | 1311 | €27,038 | €27,038 | = | 0.0% |
| Tax-exempt reserves | 132 | €723,843 | €698,869 | -€24,975 | -3.5% |
| Distributable reserves | 133 | €276 | €0 | -€276 | -100% |
| Profit (loss) carried forward | 14 | -€102,808 | -€26,803 | +€76,005 | +73.9% |
| Provisions and deferred taxes | 16 | €576,553 | €563,693 | -€12,860 | -2.2% |
| Provisions for liabilities and charges | 160/5 | €247,335 | €247,335 | = | 0.0% |
| Pensions and similar obligations | 160 | €247,335 | €247,335 | = | 0.0% |
| Deferred taxes | 168 | €329,218 | €316,358 | -€12,860 | -3.9% |
| Amounts payable | 17/49 | €1,160,484 | €1,097,100 | -€63,384 | -5.5% |
| Amounts payable after more than one year | 17 | €647,414 | €486,494 | -€160,920 | -24.9% |
| Financial debts | 170/4 | €647,414 | €486,494 | -€160,920 | -24.9% |
| Amounts payable within one year | 42/48 | €491,137 | €589,377 | +€98,240 | +20.0% |
| Current portion of amounts payable after more than one year | 42 | €160,302 | €160,920 | +€619 | +0.4% |
| Trade debts | 44 | €25,699 | €56,759 | +€31,060 | +121% |
| Suppliers | 440/4 | €25,699 | €56,759 | +€31,060 | +121% |
| Taxes, remuneration and social security | 45 | €11,821 | €4,552 | -€7,269 | -61.5% |
| Taxes | 450/3 | €11,821 | €4,552 | -€7,269 | -61.5% |
| Other amounts payable | 47/48 | €293,316 | €367,146 | +€73,830 | +25.2% |
| Accrued charges and deferred income | 492/3 | €21,933 | €21,229 | -€704 | -3.2% |
| Non-recurring operating income | 76A | €59,661 | €36,142 | -€23,519 | -39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,293 | €40,785 | -€7,508 | -15.5% |
| Other operating charges | 640/8 | €5,861 | €11,877 | +€6,015 | +103% |
| Gross operating margin | 9900 | €268,900 | €88,546 | -€180,354 | -67.1% |
| Operating profit (loss) | 9901 | €214,745 | €35,884 | -€178,861 | -83.3% |
| Financial income | 75/76B | €59,811 | €53,840 | -€5,971 | -10.0% |
| Recurring financial income | 75 | €59,811 | €53,840 | -€5,971 | -10.0% |
| Financial charges | 65/66B | €25,686 | €25,058 | -€628 | -2.4% |
| Recurring financial charges | 65 | €25,686 | €25,058 | -€628 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €248,870 | €64,666 | -€184,203 | -74.0% |
| Transfer from deferred taxes | 780 | €12,860 | €12,860 | = | 0.0% |
| Income taxes | 67/77 | €69,454 | €26,772 | -€42,682 | -61.5% |
| Profit (loss) for the period | 9904 | €192,276 | €50,754 | -€141,522 | -73.6% |
| Transfer from tax-exempt reserves | 789 | €24,975 | €24,975 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €217,250 | €75,729 | -€141,522 | -65.1% |
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 1 November 2026 via checked.be.