BDG Consulting: what changed
Two financial 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.
BDG Consulting
Largest movements
- Tangible fixed assets +€51,528
up €51,528 (+335.4%), from €15,365 to €66,893
of which Land and buildings: +€42,420
- Current investments -€45,000
down €45,000 (-100.0%), from €45,000 to €0
- Receivables within one year +€13,013
up €13,013 (+74.8%), from €17,403 to €30,417
of which Trade receivables: +€8,981
- Debts after one year +€26,747
new in 2025: €26,747
- Other debts -€12,462
down €12,462 (-16.1%), from €77,483 to €65,022
- Current portion of long-term debt +€8,295
new in 2025: €8,295
- Tax, wage and social debts -€2,261
down €2,261 (-7.7%), from €29,231 to €26,970
- Gross operating margin +€28,607
up €28,607 (+36.1%), from €79,302 to €107,908
- Taxes +€4,292
up €4,292 (+27.9%), from €15,378 to €19,670
- Depreciation +€3,896
up €3,896 (+70.7%), from €5,513 to €9,409
- Financial income +€1,215
up €1,215 (+1012425.0%), from €0 to €1,215
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 | €112,548 | €132,248 | +€19,701 | +17.5% |
| Fixed assets | 21/28 | €15,365 | €66,893 | +€51,528 | +335.4% |
| Tangible fixed assets | 22/27 | €15,365 | €66,893 | +€51,528 | +335.4% |
| Land and buildings | 22 | €9,390 | €51,810 | +€42,420 | +451.7% |
| Plant, machinery and equipment | 23 | €1,831 | €771 | -€1,060 | -57.9% |
| Furniture and vehicles | 24 | €4,144 | €14,312 | +€10,168 | +245.4% |
| Current assets | 29/58 | €97,183 | €65,355 | -€31,827 | -32.8% |
| Amounts receivable within one year | 40/41 | €17,403 | €30,417 | +€13,013 | +74.8% |
| Trade receivables | 40 | €17,243 | €26,223 | +€8,981 | +52.1% |
| Other amounts receivable | 41 | €161 | €4,194 | +€4,033 | +2505.4% |
| Current investments | 50/53 | €45,000 | €0 | -€45,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €31,975 | €33,198 | +€1,223 | +3.8% |
| Deferred charges and accrued income | 490/1 | €2,804 | €1,740 | -€1,064 | -37.9% |
| Total equity and liabilities | 10/49 | €112,548 | €132,248 | +€19,701 | +17.5% |
| Equity | 10/15 | €4,063 | €4,000 | -€63 | -1.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €63 | €0 | -€63 | -100.0% |
| Distributable reserves | 133 | €63 | €0 | -€63 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €108,485 | €128,248 | +€19,764 | +18.2% |
| Amounts payable after more than one year | 17 | - | €26,747 | +€26,747 | |
| Financial debts | 170/4 | - | €26,747 | +€26,747 | |
| Amounts payable within one year | 42/48 | €108,485 | €101,405 | -€7,080 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | - | €8,295 | +€8,295 | |
| Trade debts | 44 | €1,770 | €1,119 | -€652 | -36.8% |
| Suppliers | 440/4 | €1,770 | €1,119 | -€652 | -36.8% |
| Taxes, remuneration and social security | 45 | €29,231 | €26,970 | -€2,261 | -7.7% |
| Taxes | 450/3 | €29,231 | €26,970 | -€2,261 | -7.7% |
| Other amounts payable | 47/48 | €77,483 | €65,022 | -€12,462 | -16.1% |
| Accrued charges and deferred income | 492/3 | €0 | €97 | +€97 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,513 | €9,409 | +€3,896 | +70.7% |
| Other operating charges | 640/8 | €1,303 | €1,500 | +€197 | +15.1% |
| Gross operating margin | 9900 | €79,302 | €107,908 | +€28,607 | +36.1% |
| Operating profit (loss) | 9901 | €72,485 | €96,999 | +€24,514 | +33.8% |
| Financial income | 75/76B | €0 | €1,215 | +€1,215 | +1012425.0% |
| Recurring financial income | 75 | €0 | €1,215 | +€1,215 | +1012425.0% |
| Financial charges | 65/66B | €1,118 | €2,112 | +€994 | +89.0% |
| Recurring financial charges | 65 | €1,118 | €2,112 | +€994 | +89.0% |
| Profit (loss) for the period before taxes | 9903 | €71,368 | €96,102 | +€24,734 | +34.7% |
| Income taxes | 67/77 | €15,378 | €19,670 | +€4,292 | +27.9% |
| Profit (loss) for the period | 9904 | €55,990 | €76,433 | +€20,443 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,990 | €76,433 | +€20,443 | +36.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.