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
- Cash +€29,435
up €29,435 (+17.3%), from €170,194 to €199,629
mainly Net result for the year (+€67,616) and Tax, wage and social debts (+€3,547)
- Current investments +€22,921
new in 2025: €22,921
- Receivables within one year +€21,333
up €21,333 (+18.9%), from €112,778 to €134,111
of which Trade receivables: +€11,239
- Reserves +€67,616
up €67,616 (+26.3%), from €256,809 to €324,425
of which Distributable reserves: +€67,616
- Gross operating margin +€19,080
up €19,080 (+21.8%), from €87,378 to €106,458
- Financial charges +€15,695
up €15,695 (+1475.3%), from €1,064 to €16,759
- Financial income -€3,650
down €3,650 (-39.8%), from €9,162 to €5,512
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 | €290,342 | €361,149 | +€70,806 | +24.4% |
| Fixed assets | 21/28 | €624 | €110 | -€514 | -82.3% |
| Tangible fixed assets | 22/27 | €624 | €110 | -€514 | -82.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €624 | €110 | -€514 | -82.3% |
| Current assets | 29/58 | €289,718 | €361,038 | +€71,320 | +24.6% |
| Amounts receivable within one year | 40/41 | €112,778 | €134,111 | +€21,333 | +18.9% |
| Trade receivables | 40 | €58,989 | €70,228 | +€11,239 | +19.1% |
| Other amounts receivable | 41 | €53,789 | €63,883 | +€10,094 | +18.8% |
| Current investments | 50/53 | - | €22,921 | +€22,921 | |
| Cash at bank and in hand | 54/58 | €170,194 | €199,629 | +€29,435 | +17.3% |
| Deferred charges and accrued income | 490/1 | €6,746 | €4,377 | -€2,369 | -35.1% |
| Total equity and liabilities | 10/49 | €290,342 | €361,149 | +€70,806 | +24.4% |
| Equity | 10/15 | €269,209 | €336,825 | +€67,616 | +25.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €256,809 | €324,425 | +€67,616 | +26.3% |
| Non-distributable reserves | 130/1 | €7,914 | €7,914 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,914 | €7,914 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,216 | €6,216 | = | 0.0% |
| Distributable reserves | 133 | €242,679 | €310,295 | +€67,616 | +27.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,134 | €24,324 | +€3,190 | +15.1% |
| Amounts payable within one year | 42/48 | €21,134 | €24,324 | +€3,190 | +15.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,555 | €2,198 | -€357 | -14.0% |
| Suppliers | 440/4 | €2,555 | €2,198 | -€357 | -14.0% |
| Taxes, remuneration and social security | 45 | €18,579 | €22,125 | +€3,547 | +19.1% |
| Taxes | 450/3 | €18,579 | €22,125 | +€3,547 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,249 | €514 | -€735 | -58.8% |
| Other operating charges | 640/8 | €188 | €449 | +€261 | +139.0% |
| Gross operating margin | 9900 | €87,378 | €106,458 | +€19,080 | +21.8% |
| Operating profit (loss) | 9901 | €85,941 | €105,495 | +€19,554 | +22.8% |
| Financial income | 75/76B | €9,162 | €5,512 | -€3,650 | -39.8% |
| Recurring financial income | 75 | €9,162 | €5,512 | -€3,650 | -39.8% |
| Financial charges | 65/66B | €1,064 | €16,759 | +€15,695 | +1475.3% |
| Recurring financial charges | 65 | €1,064 | €16,759 | +€15,695 | +1475.3% |
| Profit (loss) for the period before taxes | 9903 | €94,040 | €94,248 | +€208 | +0.2% |
| Income taxes | 67/77 | €26,486 | €26,632 | +€146 | +0.5% |
| Profit (loss) for the period | 9904 | €67,554 | €67,616 | +€63 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €67,554 | €67,616 | +€63 | +0.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.