BD Brigade 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.
BD Brigade Consulting
Largest movements
- Financial fixed assets +€64,074
new in 2025: €64,074
- Receivables within one year +€46,040
up €46,040 (+228%), from €20,204 to €66,244
of which Trade receivables: +€45,664
- Tangible fixed assets +€36,863
up €36,863 (+1,083%), from €3,403 to €40,266
- Current investments +€25,625
up €25,625 (+128%), from €20,000 to €45,625
- Cash +€18,522
up €18,522 (+14.7%), from €125,868 to €144,389
mainly Net result for the year (+€106,987) and Tax, wage and social debts (+€43,745)
- Reserves +€106,987
up €106,987 (+104%), from €102,740 to €209,727
- Tax, wage and social debts +€43,745
up €43,745 (+85.7%), from €51,045 to €94,790
- Provisions +€20,343
new in 2025: €20,343
- Debts after one year +€14,569
new in 2025: €14,569
- Current portion of long-term debt +€9,847
new in 2025: €9,847
- Gross operating margin +€33,948
up €33,948 (+24.0%), from €141,620 to €175,568
- Provisions +€20,343
new in 2025: €20,343
- Taxes +€6,886
up €6,886 (+19.2%), from €35,886 to €42,772
- Depreciation +€6,124
up €6,124 (+6,615%), from €93 to €6,217
- Financial income +€2,983
up €2,983 (+8,699%), from €34 to €3,017
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 | €169,828 | €364,009 | +€194,181 | +114% |
| Fixed assets | 21/28 | €3,403 | €104,340 | +€100,937 | +2,966% |
| Tangible fixed assets | 22/27 | €3,403 | €40,266 | +€36,863 | +1,083% |
| Furniture and vehicles | 24 | €3,403 | €40,266 | +€36,863 | +1,083% |
| Financial fixed assets | 28 | - | €64,074 | +€64,074 | |
| Current assets | 29/58 | €166,424 | €259,668 | +€93,244 | +56.0% |
| Amounts receivable within one year | 40/41 | €20,204 | €66,244 | +€46,040 | +228% |
| Trade receivables | 40 | €20,204 | €65,867 | +€45,664 | +226% |
| Other amounts receivable | 41 | - | €377 | +€377 | |
| Current investments | 50/53 | €20,000 | €45,625 | +€25,625 | +128% |
| Cash at bank and in hand | 54/58 | €125,868 | €144,389 | +€18,522 | +14.7% |
| Deferred charges and accrued income | 490/1 | €353 | €3,410 | +€3,057 | +866% |
| Total equity and liabilities | 10/49 | €169,828 | €364,009 | +€194,181 | +114% |
| Equity | 10/15 | €107,740 | €214,727 | +€106,987 | +99.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €102,740 | €209,727 | +€106,987 | +104% |
| Distributable reserves | 133 | €102,740 | €209,727 | +€106,987 | +104% |
| Provisions and deferred taxes | 16 | - | €20,343 | +€20,343 | |
| Provisions for liabilities and charges | 160/5 | - | €20,343 | +€20,343 | |
| Other liabilities and charges | 164/5 | - | €20,343 | +€20,343 | |
| Amounts payable | 17/49 | €62,088 | €128,938 | +€66,851 | +108% |
| Amounts payable after more than one year | 17 | - | €14,569 | +€14,569 | |
| Financial debts | 170/4 | - | €14,569 | +€14,569 | |
| Amounts payable within one year | 42/48 | €62,083 | €112,974 | +€50,891 | +82.0% |
| Current portion of amounts payable after more than one year | 42 | - | €9,847 | +€9,847 | |
| Trade debts | 44 | €2,539 | €3,176 | +€637 | +25.1% |
| Suppliers | 440/4 | €2,539 | €3,176 | +€637 | +25.1% |
| Taxes, remuneration and social security | 45 | €51,045 | €94,790 | +€43,745 | +85.7% |
| Taxes | 450/3 | €51,045 | €94,790 | +€43,745 | +85.7% |
| Other amounts payable | 47/48 | €8,499 | €5,161 | -€3,339 | -39.3% |
| Accrued charges and deferred income | 492/3 | €5 | €1,395 | +€1,391 | +30,900% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93 | €6,217 | +€6,124 | +6,615% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €20,343 | +€20,343 | |
| Other operating charges | 640/8 | €387 | €528 | +€140 | +36.2% |
| Gross operating margin | 9900 | €141,620 | €175,568 | +€33,948 | +24.0% |
| Operating profit (loss) | 9901 | €141,140 | €148,480 | +€7,340 | +5.2% |
| Financial income | 75/76B | €34 | €3,017 | +€2,983 | +8,699% |
| Recurring financial income | 75 | €34 | €3,017 | +€2,983 | +8,699% |
| Financial charges | 65/66B | €2,548 | €1,738 | -€809 | -31.8% |
| Recurring financial charges | 65 | €2,548 | €1,738 | -€809 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €138,626 | €149,758 | +€11,132 | +8.0% |
| Income taxes | 67/77 | €35,886 | €42,772 | +€6,886 | +19.2% |
| Profit (loss) for the period | 9904 | €102,740 | €106,987 | +€4,246 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €102,740 | €106,987 | +€4,246 | +4.1% |
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 17 October 2026 via checked.be.