BD CONSULTANT: 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 CONSULTANT
Largest movements
- Tangible fixed assets +€75,413
up €75,413 (+366.6%), from €20,572 to €95,986
of which Leasing and similar rights: +€46,838
- Cash -€72,634
down €72,634 (-68.5%), from €106,102 to €33,468
mainly Investment in fixed assets (net) (-€92,312) and Contributions, distributions and other (-€40,000)
- Current investments +€20,000
up €20,000 (+79.5%), from €25,163 to €45,163
- Profit (loss) carried forward -€24,557
down €24,557 (-20.4%), from €120,409 to €95,852
- Current portion of long-term debt +€21,071
up €21,071 (+227.6%), from €9,257 to €30,327
- Other debts +€20,027
up €20,027 (+100.5%), from €19,923 to €39,950
- Debts after one year +€16,123
new in 2025: €16,123
- Tax, wage and social debts -€7,678
down €7,678 (-35.1%), from €21,851 to €14,173
of which Taxes: -€7,678
- Gross operating margin -€43,199
down €43,199 (-52.6%), from €82,128 to €38,930
- Taxes -€10,469
down €10,469 (-70.0%), from €14,949 to €4,480
- Depreciation +€4,008
up €4,008 (+31.1%), from €12,891 to €16,899
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 | €179,031 | €201,856 | +€22,826 | +12.7% |
| Fixed assets | 21/28 | €20,572 | €95,986 | +€75,413 | +366.6% |
| Tangible fixed assets | 22/27 | €20,572 | €95,986 | +€75,413 | +366.6% |
| Plant, machinery and equipment | 23 | €2,723 | €5,252 | +€2,529 | +92.9% |
| Furniture and vehicles | 24 | - | €2,546 | +€2,546 | |
| Leasing and similar rights | 25 | €16,403 | €63,241 | +€46,838 | +285.5% |
| Other tangible fixed assets | 26 | €1,446 | €24,947 | +€23,501 | +1625.3% |
| Current assets | 29/58 | €158,458 | €105,871 | -€52,587 | -33.2% |
| Amounts receivable within one year | 40/41 | €23,892 | €23,195 | -€697 | -2.9% |
| Trade receivables | 40 | €23,892 | €22,006 | -€1,885 | -7.9% |
| Other amounts receivable | 41 | - | €1,188 | +€1,188 | |
| Current investments | 50/53 | €25,163 | €45,163 | +€20,000 | +79.5% |
| Cash at bank and in hand | 54/58 | €106,102 | €33,468 | -€72,634 | -68.5% |
| Deferred charges and accrued income | 490/1 | €3,302 | €4,045 | +€743 | +22.5% |
| Total equity and liabilities | 10/49 | €179,031 | €201,856 | +€22,826 | +12.7% |
| Equity | 10/15 | €125,409 | €100,852 | -€24,557 | -19.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,409 | €95,852 | -€24,557 | -20.4% |
| Amounts payable | 17/49 | €53,621 | €101,004 | +€47,383 | +88.4% |
| Amounts payable after more than one year | 17 | - | €16,123 | +€16,123 | |
| Financial debts | 170/4 | - | €16,123 | +€16,123 | |
| Amounts payable within one year | 42/48 | €53,621 | €84,881 | +€31,260 | +58.3% |
| Current portion of amounts payable after more than one year | 42 | €9,257 | €30,327 | +€21,071 | +227.6% |
| Trade debts | 44 | €2,591 | €431 | -€2,160 | -83.4% |
| Suppliers | 440/4 | €2,591 | €431 | -€2,160 | -83.4% |
| Taxes, remuneration and social security | 45 | €21,851 | €14,173 | -€7,678 | -35.1% |
| Taxes | 450/3 | €20,151 | €12,473 | -€7,678 | -38.1% |
| Remuneration and social security | 454/9 | €1,700 | €1,700 | = | 0.0% |
| Other amounts payable | 47/48 | €19,923 | €39,950 | +€20,027 | +100.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,891 | €16,899 | +€4,008 | +31.1% |
| Other operating charges | 640/8 | €1,522 | €1,460 | -€62 | -4.1% |
| Gross operating margin | 9900 | €82,128 | €38,930 | -€43,199 | -52.6% |
| Operating profit (loss) | 9901 | €67,715 | €20,571 | -€47,144 | -69.6% |
| Financial income | 75/76B | €15 | €462 | +€447 | +2930.4% |
| Recurring financial income | 75 | €15 | €462 | +€447 | +2930.4% |
| Financial charges | 65/66B | €759 | €1,110 | +€351 | +46.3% |
| Recurring financial charges | 65 | €759 | €1,110 | +€351 | +46.3% |
| Profit (loss) for the period before taxes | 9903 | €66,972 | €19,923 | -€47,048 | -70.3% |
| Income taxes | 67/77 | €14,949 | €4,480 | -€10,469 | -70.0% |
| Profit (loss) for the period | 9904 | €52,023 | €15,443 | -€36,580 | -70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,023 | €15,443 | -€36,580 | -70.3% |
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 3 October 2026 via checked.be.