Bayram Consult: 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.
Bayram Consult
Largest movements
- Cash +€102,373
up €102,373 (+472%), from €21,699 to €124,072
mainly Net result for the year (+€108,585) and Tax, wage and social debts (+€62,421)
- Receivables within one year +€37,352
up €37,352 (+299%), from €12,489 to €49,841
of which Trade receivables: +€29,040
- Tangible fixed assets +€11,430
up €11,430 (+16.1%), from €70,931 to €82,361
of which Other tangible fixed assets: +€7,032
- Deferred charges and accrued income +€10,530
up €10,530 (+527%), from €1,997 to €12,527
- Reserves +€108,585
up €108,585 (+375%), from €28,991 to €137,576
- Tax, wage and social debts +€62,421
up €62,421 (+565%), from €11,047 to €73,468
of which Taxes: +€49,921
- Debts after one year -€17,965
down €17,965 (-41.6%), from €43,167 to €25,202
- Trade debts +€7,879
up €7,879 (+291%), from €2,710 to €10,590
- Gross operating margin +€116,833
up €116,833 (+229%), from €51,038 to €167,870
- Taxes +€26,177
up €26,177 (+336%), from €7,797 to €33,974
- Depreciation +€7,774
up €7,774 (+72.6%), from €10,704 to €18,477
- Financial charges +€3,032
up €3,032 (+141%), from €2,148 to €5,181
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 | €107,116 | €268,801 | +€161,686 | +151% |
| Fixed assets | 21/28 | €70,931 | €82,361 | +€11,430 | +16.1% |
| Tangible fixed assets | 22/27 | €70,931 | €82,361 | +€11,430 | +16.1% |
| Furniture and vehicles | 24 | €70,931 | €75,329 | +€4,398 | +6.2% |
| Other tangible fixed assets | 26 | - | €7,032 | +€7,032 | |
| Current assets | 29/58 | €36,185 | €186,440 | +€150,256 | +415% |
| Amounts receivable within one year | 40/41 | €12,489 | €49,841 | +€37,352 | +299% |
| Trade receivables | 40 | - | €29,040 | +€29,040 | |
| Other amounts receivable | 41 | €12,489 | €20,801 | +€8,312 | +66.6% |
| Cash at bank and in hand | 54/58 | €21,699 | €124,072 | +€102,373 | +472% |
| Deferred charges and accrued income | 490/1 | €1,997 | €12,527 | +€10,530 | +527% |
| Total equity and liabilities | 10/49 | €107,116 | €268,801 | +€161,686 | +151% |
| Equity | 10/15 | €32,991 | €141,576 | +€108,585 | +329% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €28,991 | €137,576 | +€108,585 | +375% |
| Distributable reserves | 133 | €28,991 | €137,576 | +€108,585 | +375% |
| Amounts payable | 17/49 | €74,125 | €127,225 | +€53,100 | +71.6% |
| Amounts payable after more than one year | 17 | €43,167 | €25,202 | -€17,965 | -41.6% |
| Financial debts | 170/4 | €43,167 | €25,202 | -€17,965 | -41.6% |
| Amounts payable within one year | 42/48 | €30,958 | €102,023 | +€71,065 | +230% |
| Current portion of amounts payable after more than one year | 42 | €17,200 | €17,965 | +€765 | +4.4% |
| Trade debts | 44 | €2,710 | €10,590 | +€7,879 | +291% |
| Suppliers | 440/4 | €2,710 | €10,590 | +€7,879 | +291% |
| Taxes, remuneration and social security | 45 | €11,047 | €73,468 | +€62,421 | +565% |
| Taxes | 450/3 | €11,047 | €60,968 | +€49,921 | +452% |
| Remuneration and social security | 454/9 | - | €12,500 | +€12,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,704 | €18,477 | +€7,774 | +72.6% |
| Other operating charges | 640/8 | €1,401 | €2,360 | +€960 | +68.5% |
| Gross operating margin | 9900 | €51,038 | €167,870 | +€116,833 | +229% |
| Operating profit (loss) | 9901 | €38,933 | €147,033 | +€108,099 | +278% |
| Financial income | 75/76B | €3 | €707 | +€704 | +23,873% |
| Recurring financial income | 75 | €3 | €707 | +€704 | +23,873% |
| Financial charges | 65/66B | €2,148 | €5,181 | +€3,032 | +141% |
| Recurring financial charges | 65 | €2,148 | €5,181 | +€3,032 | +141% |
| Profit (loss) for the period before taxes | 9903 | €36,788 | €142,559 | +€105,771 | +288% |
| Income taxes | 67/77 | €7,797 | €33,974 | +€26,177 | +336% |
| Profit (loss) for the period | 9904 | €28,991 | €108,585 | +€79,594 | +275% |
| Profit (loss) for the period to be appropriated | 9905 | €28,991 | €108,585 | +€79,594 | +275% |
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 13 October 2026 via checked.be.