BD CONSULTING: 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 CONSULTING
Largest movements
- Receivables within one year -€33,393
down €33,393 (-58.4%), from €57,174 to €23,782
of which Trade receivables: -€32,734
- Cash +€19,657
up €19,657 (+28.5%), from €69,045 to €88,702
mainly Receivables within one year (+€33,393) and Net result for the year (+€24,626)
- Tangible fixed assets -€8,530
down €8,530 (-29.5%), from €28,915 to €20,385
- Trade debts -€21,359
down €21,359 (-94.1%), from €22,692 to €1,333
- Tax, wage and social debts -€6,307
down €6,307 (-29.9%), from €21,089 to €14,782
- Other debts +€4,293
up €4,293 (+254.2%), from €1,689 to €5,982
- Taxes -€22,965
down €22,965 (-60.8%), from €37,794 to €14,829
- Gross operating margin -€8,937
down €8,937 (-15.2%), from €58,638 to €49,702
- Other operating charges +€840
up €840 (+124.9%), from €673 to €1,513
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 | €218,738 | €196,491 | -€22,247 | -10.2% |
| Fixed assets | 21/28 | €43,665 | €35,135 | -€8,530 | -19.5% |
| Tangible fixed assets | 22/27 | €28,915 | €20,385 | -€8,530 | -29.5% |
| Furniture and vehicles | 24 | €28,915 | €20,385 | -€8,530 | -29.5% |
| Financial fixed assets | 28 | €14,750 | €14,750 | = | 0.0% |
| Current assets | 29/58 | €175,073 | €161,356 | -€13,717 | -7.8% |
| Amounts receivable within one year | 40/41 | €57,174 | €23,782 | -€33,393 | -58.4% |
| Trade receivables | 40 | €56,516 | €23,782 | -€32,734 | -57.9% |
| Other amounts receivable | 41 | €659 | - | -€659 | |
| Current investments | 50/53 | €45,631 | €45,631 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €69,045 | €88,702 | +€19,657 | +28.5% |
| Deferred charges and accrued income | 490/1 | €3,223 | €3,241 | +€19 | +0.6% |
| Total equity and liabilities | 10/49 | €218,738 | €196,491 | -€22,247 | -10.2% |
| Equity | 10/15 | €173,268 | €174,394 | +€1,126 | +0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €103,110 | €102,610 | -€500 | -0.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €101,250 | €100,750 | -€500 | -0.5% |
| Profit (loss) carried forward | 14 | €63,958 | €65,584 | +€1,626 | +2.5% |
| Amounts payable | 17/49 | €45,470 | €22,097 | -€23,373 | -51.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €45,470 | €22,097 | -€23,373 | -51.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €22,692 | €1,333 | -€21,359 | -94.1% |
| Suppliers | 440/4 | €22,692 | €1,333 | -€21,359 | -94.1% |
| Taxes, remuneration and social security | 45 | €21,089 | €14,782 | -€6,307 | -29.9% |
| Taxes | 450/3 | €21,089 | €14,782 | -€6,307 | -29.9% |
| Other amounts payable | 47/48 | €1,689 | €5,982 | +€4,293 | +254.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,530 | €8,530 | = | 0.0% |
| Other operating charges | 640/8 | €673 | €1,513 | +€840 | +124.9% |
| Gross operating margin | 9900 | €58,638 | €49,702 | -€8,937 | -15.2% |
| Operating profit (loss) | 9901 | €49,436 | €39,659 | -€9,777 | -19.8% |
| Financial income | 75/76B | €54 | €64 | +€10 | +19.2% |
| Recurring financial income | 75 | €54 | €64 | +€10 | +19.2% |
| Financial charges | 65/66B | €350 | €268 | -€82 | -23.4% |
| Recurring financial charges | 65 | €350 | €268 | -€82 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €49,139 | €39,455 | -€9,684 | -19.7% |
| Income taxes | 67/77 | €37,794 | €14,829 | -€22,965 | -60.8% |
| Profit (loss) for the period | 9904 | €11,345 | €24,626 | +€13,281 | +117.1% |
| Transfer from tax-exempt reserves | 789 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €11,345 | €24,626 | +€13,281 | +117.1% |
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 5 October 2026 via checked.be.