BD 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.
BD CONSULT
Largest movements
- Cash +€155,511
up €155,511 (+440%), from €35,310 to €190,821
mainly Net result for the year (+€104,639) and Tax, wage and social debts (+€36,883)
- Tangible fixed assets -€14,664
down €14,664 (-29.5%), from €49,649 to €34,985
of which Land and buildings: -€48,885
- Receivables after one year +€8,480
new in 2025: €8,480
- Receivables within one year -€7,675
down €7,675 (-19.1%), from €40,224 to €32,549
of which Trade receivables: -€8,068
- Reserves +€100,000
up €100,000 (+262%), from €38,200 to €138,200
- Tax, wage and social debts +€36,883
up €36,883 (+418%), from €8,826 to €45,708
of which Taxes: +€36,583
- Current portion of long-term debt +€7,332
up €7,332 (+174%), from €4,219 to €11,550
- Debts after one year -€5,226
down €5,226 (-24.7%), from €21,164 to €15,937
- Profit (loss) carried forward +€4,639
up €4,639 (+9.8%), from €47,158 to €51,797
- Gross operating margin +€138,275
up €138,275 (+738%), from €18,741 to €157,017
- Taxes +€42,796
up €42,796 (+2,243%), from €1,908 to €44,704
- Depreciation -€3,327
down €3,327 (-35.3%), from €9,434 to €6,107
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 | €125,208 | €267,633 | +€142,425 | +114% |
| Fixed assets | 21/28 | €49,649 | €34,985 | -€14,664 | -29.5% |
| Tangible fixed assets | 22/27 | €49,649 | €34,985 | -€14,664 | -29.5% |
| Land and buildings | 22 | €48,885 | - | -€48,885 | |
| Furniture and vehicles | 24 | €764 | €34,985 | +€34,221 | +4,479% |
| Current assets | 29/58 | €75,560 | €232,648 | +€157,089 | +208% |
| Amounts receivable after more than one year | 29 | - | €8,480 | +€8,480 | |
| Other amounts receivable | 291 | - | €8,480 | +€8,480 | |
| Amounts receivable within one year | 40/41 | €40,224 | €32,549 | -€7,675 | -19.1% |
| Trade receivables | 40 | €11,522 | €3,454 | -€8,068 | -70.0% |
| Other amounts receivable | 41 | €28,702 | €29,094 | +€393 | +1.4% |
| Cash at bank and in hand | 54/58 | €35,310 | €190,821 | +€155,511 | +440% |
| Deferred charges and accrued income | 490/1 | €27 | €799 | +€773 | +2,916% |
| Total equity and liabilities | 10/49 | €125,208 | €267,633 | +€142,425 | +114% |
| Equity | 10/15 | €86,358 | €190,997 | +€104,639 | +121% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €38,200 | €138,200 | +€100,000 | +262% |
| Distributable reserves | 133 | €38,200 | €138,200 | +€100,000 | +262% |
| Profit (loss) carried forward | 14 | €47,158 | €51,797 | +€4,639 | +9.8% |
| Amounts payable | 17/49 | €38,850 | €76,636 | +€37,786 | +97.3% |
| Amounts payable after more than one year | 17 | €21,164 | €15,937 | -€5,226 | -24.7% |
| Financial debts | 170/4 | €21,164 | €15,937 | -€5,226 | -24.7% |
| Amounts payable within one year | 42/48 | €17,687 | €60,699 | +€43,012 | +243% |
| Current portion of amounts payable after more than one year | 42 | €4,219 | €11,550 | +€7,332 | +174% |
| Trade debts | 44 | €2,268 | €2,666 | +€398 | +17.5% |
| Suppliers | 440/4 | €2,268 | €2,666 | +€398 | +17.5% |
| Taxes, remuneration and social security | 45 | €8,826 | €45,708 | +€36,883 | +418% |
| Taxes | 450/3 | €6,826 | €43,408 | +€36,583 | +536% |
| Remuneration and social security | 454/9 | €2,000 | €2,300 | +€300 | +15.0% |
| Other amounts payable | 47/48 | €2,374 | €774 | -€1,600 | -67.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,434 | €6,107 | -€3,327 | -35.3% |
| Other operating charges | 640/8 | €872 | €714 | -€157 | -18.0% |
| Gross operating margin | 9900 | €18,741 | €157,017 | +€138,275 | +738% |
| Operating profit (loss) | 9901 | €8,436 | €150,196 | +€141,760 | +1,680% |
| Financial income | 75/76B | €1,255 | €1,786 | +€531 | +42.3% |
| Recurring financial income | 75 | €1,255 | €1,786 | +€531 | +42.3% |
| Financial charges | 65/66B | €3,780 | €2,639 | -€1,141 | -30.2% |
| Recurring financial charges | 65 | €3,780 | €2,639 | -€1,141 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €5,911 | €149,343 | +€143,432 | +2,427% |
| Income taxes | 67/77 | €1,908 | €44,704 | +€42,796 | +2,243% |
| Profit (loss) for the period | 9904 | €4,003 | €104,639 | +€100,636 | +2,514% |
| Profit (loss) for the period to be appropriated | 9905 | €4,003 | €104,639 | +€100,636 | +2,514% |
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 15 October 2026 via checked.be.