BD-CONSULTANCY: what changed
Two fiscal 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-CONSULTANCY
Largest movements
- Cash -€101,514
down €101,514 (-61.0%), from €166,510 to €64,996
mainly Contributions, distributions and other (-€51,251) and Receivables within one year (-€38,146)
- Receivables within one year +€38,146
up €38,146 (+352.2%), from €10,831 to €48,977
of which Trade receivables: +€36,542
- Tangible fixed assets -€16,113
down €16,113 (-4.1%), from €395,480 to €379,367
of which Land and buildings: -€15,413
- Reserves -€33,583
down €33,583 (-11.3%), from €296,654 to €263,071
of which Distributable reserves: -€33,583
- Tax, wage and social debts -€25,437
down €25,437 (-52.6%), from €48,395 to €22,958
- Debts after one year -€24,333
down €24,333 (-14.2%), from €171,296 to €146,963
- Trade debts +€7,241
up €7,241 (+50.9%), from €14,218 to €21,459
- Gross operating margin -€83,111
down €83,111 (-48.5%), from €171,290 to €88,179
- Taxes -€15,794
down €15,794 (-40.3%), from €39,190 to €23,396
- Depreciation -€13,242
down €13,242 (-29.6%), from €44,717 to €31,475
- Financial charges -€2,669
down €2,669 (-16.4%), from €16,287 to €13,618
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.
Cash bridge derived
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 | €609,660 | €532,162 | -€77,498 | -12.7% |
| Fixed assets | 21/28 | €395,480 | €379,367 | -€16,113 | -4.1% |
| Tangible fixed assets | 22/27 | €395,480 | €379,367 | -€16,113 | -4.1% |
| Land and buildings | 22 | €343,854 | €328,440 | -€15,413 | -4.5% |
| Furniture and vehicles | 24 | €17,495 | €14,557 | -€2,938 | -16.8% |
| Other tangible fixed assets | 26 | €34,131 | €36,369 | +€2,238 | +6.6% |
| Current assets | 29/58 | €214,180 | €152,795 | -€61,385 | -28.7% |
| Amounts receivable within one year | 40/41 | €10,831 | €48,977 | +€38,146 | +352.2% |
| Trade receivables | 40 | €10,831 | €47,373 | +€36,542 | +337.4% |
| Other amounts receivable | 41 | €0 | €1,604 | +€1,604 | |
| Cash at bank and in hand | 54/58 | €166,510 | €64,996 | -€101,514 | -61.0% |
| Deferred charges and accrued income | 490/1 | €36,838 | €38,822 | +€1,984 | +5.4% |
| Total equity and liabilities | 10/49 | €609,660 | €532,162 | -€77,498 | -12.7% |
| Equity | 10/15 | €302,854 | €269,271 | -€33,583 | -11.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €296,654 | €263,071 | -€33,583 | -11.3% |
| Tax-exempt reserves | 132 | €8,425 | €8,425 | = | 0.0% |
| Distributable reserves | 133 | €288,229 | €254,646 | -€33,583 | -11.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €306,806 | €262,891 | -€43,915 | -14.3% |
| Amounts payable after more than one year | 17 | €171,296 | €146,963 | -€24,333 | -14.2% |
| Financial debts | 170/4 | €171,296 | €146,963 | -€24,333 | -14.2% |
| Amounts payable within one year | 42/48 | €135,510 | €115,928 | -€19,582 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €23,494 | €24,333 | +€839 | +3.6% |
| Trade debts | 44 | €14,218 | €21,459 | +€7,241 | +50.9% |
| Suppliers | 440/4 | €14,218 | €21,459 | +€7,241 | +50.9% |
| Taxes, remuneration and social security | 45 | €48,395 | €22,958 | -€25,437 | -52.6% |
| Taxes | 450/3 | €48,395 | €22,958 | -€25,437 | -52.6% |
| Other amounts payable | 47/48 | €49,402 | €47,177 | -€2,225 | -4.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,717 | €31,475 | -€13,242 | -29.6% |
| Other operating charges | 640/8 | €2,954 | €2,022 | -€933 | -31.6% |
| Gross operating margin | 9900 | €171,290 | €88,179 | -€83,111 | -48.5% |
| Operating profit (loss) | 9901 | €123,618 | €54,682 | -€68,936 | -55.8% |
| Financial income | 75/76B | €88 | €0 | -€88 | -100.0% |
| Recurring financial income | 75 | €88 | €0 | -€88 | -100.0% |
| Financial charges | 65/66B | €16,287 | €13,618 | -€2,669 | -16.4% |
| Recurring financial charges | 65 | €16,287 | €13,618 | -€2,669 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €107,419 | €41,065 | -€66,354 | -61.8% |
| Income taxes | 67/77 | €39,190 | €23,396 | -€15,794 | -40.3% |
| Profit (loss) for the period | 9904 | €68,229 | €17,668 | -€50,561 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,229 | €17,668 | -€50,561 | -74.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.