BDC CONSULT: 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.
BDC CONSULT
Largest movements
- Cash +€110,790
up €110,790 (+6105.8%), from €1,815 to €112,605
mainly Other debts (+€369,722) and Net result for the year (+€274,826)
- Receivables within one year +€59,506
up €59,506 (+69.0%), from €86,201 to €145,706
of which Other amounts receivable: +€60,141
- Tangible fixed assets -€19,433
down €19,433 (-3.6%), from €535,897 to €516,464
of which Furniture and vehicles: -€12,915
- Other debts +€369,722
up €369,722 (+884.5%), from €41,800 to €411,521
- Reserves -€225,174
down €225,174 (-25.7%), from €876,268 to €651,093
- Tax, wage and social debts +€62,987
up €62,987 (+440.1%), from €14,313 to €77,300
- Debts after one year -€57,952
down €57,952 (-32.1%), from €180,445 to €122,493
- Financial income +€260,480
up €260,480 (+2735.5%), from €9,522 to €270,002
- Gross operating margin -€14,123
down €14,123 (-14.5%), from €97,430 to €83,307
- Depreciation +€5,877
up €5,877 (+9.2%), from €64,167 to €70,044
- Taxes -€2,401
down €2,401 (-39.8%), from €6,034 to €3,633
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 | €1,191,397 | €1,342,496 | +€151,099 | +12.7% |
| Fixed assets | 21/28 | €1,100,650 | €1,081,217 | -€19,433 | -1.8% |
| Tangible fixed assets | 22/27 | €535,897 | €516,464 | -€19,433 | -3.6% |
| Land and buildings | 22 | €499,484 | €494,710 | -€4,773 | -1.0% |
| Plant, machinery and equipment | 23 | €4,792 | €3,047 | -€1,745 | -36.4% |
| Furniture and vehicles | 24 | €31,622 | €18,707 | -€12,915 | -40.8% |
| Financial fixed assets | 28 | €564,753 | €564,753 | = | 0.0% |
| Current assets | 29/58 | €90,747 | €261,279 | +€170,532 | +187.9% |
| Amounts receivable within one year | 40/41 | €86,201 | €145,706 | +€59,506 | +69.0% |
| Trade receivables | 40 | €19,965 | €19,330 | -€635 | -3.2% |
| Other amounts receivable | 41 | €66,236 | €126,377 | +€60,141 | +90.8% |
| Cash at bank and in hand | 54/58 | €1,815 | €112,605 | +€110,790 | +6105.8% |
| Deferred charges and accrued income | 490/1 | €2,732 | €2,967 | +€236 | +8.6% |
| Total equity and liabilities | 10/49 | €1,191,397 | €1,342,496 | +€151,099 | +12.7% |
| Equity | 10/15 | €894,918 | €669,743 | -€225,174 | -25.2% |
| Contributions | 10/11 | €18,650 | €18,650 | = | 0.0% |
| Reserves | 13 | €876,268 | €651,093 | -€225,174 | -25.7% |
| Distributable reserves | 133 | €876,268 | €651,093 | -€225,174 | -25.7% |
| Amounts payable | 17/49 | €296,479 | €672,752 | +€376,273 | +126.9% |
| Amounts payable after more than one year | 17 | €180,445 | €122,493 | -€57,952 | -32.1% |
| Financial debts | 170/4 | €180,445 | €122,493 | -€57,952 | -32.1% |
| Amounts payable within one year | 42/48 | €115,924 | €550,149 | +€434,225 | +374.6% |
| Current portion of amounts payable after more than one year | 42 | €57,920 | €57,952 | +€33 | +0.1% |
| Trade debts | 44 | €1,891 | €3,375 | +€1,484 | +78.5% |
| Suppliers | 440/4 | €1,891 | €3,375 | +€1,484 | +78.5% |
| Taxes, remuneration and social security | 45 | €14,313 | €77,300 | +€62,987 | +440.1% |
| Taxes | 450/3 | €14,313 | €77,300 | +€62,987 | +440.1% |
| Other amounts payable | 47/48 | €41,800 | €411,521 | +€369,722 | +884.5% |
| Accrued charges and deferred income | 492/3 | €110 | €110 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,167 | €70,044 | +€5,877 | +9.2% |
| Other operating charges | 640/8 | €708 | €937 | +€228 | +32.2% |
| Gross operating margin | 9900 | €97,430 | €83,307 | -€14,123 | -14.5% |
| Operating profit (loss) | 9901 | €32,555 | €12,326 | -€20,228 | -62.1% |
| Financial income | 75/76B | €9,522 | €270,002 | +€260,480 | +2735.5% |
| Recurring financial income | 75 | €9,522 | €270,002 | +€260,480 | +2735.5% |
| Financial charges | 65/66B | €4,737 | €3,870 | -€867 | -18.3% |
| Recurring financial charges | 65 | €4,737 | €3,870 | -€867 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €37,340 | €278,458 | +€241,118 | +645.7% |
| Income taxes | 67/77 | €6,034 | €3,633 | -€2,401 | -39.8% |
| Profit (loss) for the period | 9904 | €31,306 | €274,826 | +€243,520 | +777.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,306 | €274,826 | +€243,520 | +777.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.