BDL 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.
BDL CONSULTING
Largest movements
- Tangible fixed assets +€184,919
up €184,919 (+70.6%), from €261,923 to €446,842
of which Land and buildings: +€177,893
- Receivables within one year -€98,520
down €98,520 (-37.2%), from €264,804 to €166,284
of which Other amounts receivable: -€82,279
- Cash -€23,679
down €23,679 (-39.6%), from €59,767 to €36,088
mainly Investment in fixed assets (net) (-€224,963) and Tax, wage and social debts (-€44,695)
- Reserves +€54,380
up €54,380 (+38.1%), from €142,871 to €197,251
- Tax, wage and social debts -€44,695
down €44,695 (-68.4%), from €65,347 to €20,652
- Debts after one year +€27,621
up €27,621 (+6.9%), from €400,796 to €428,417
- Current portion of long-term debt +€17,454
up €17,454 (+110.4%), from €15,804 to €33,257
- Trade debts +€9,103
up €9,103 (+48.9%), from €18,602 to €27,705
- Depreciation -€19,075
down €19,075 (-32.3%), from €59,119 to €40,044
- Financial charges +€8,406
up €8,406 (+281.1%), from €2,991 to €11,397
- Gross operating margin -€7,575
down €7,575 (-5.9%), from €127,559 to €119,984
- Taxes -€4,666
down €4,666 (-24.7%), from €18,925 to €14,258
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 | €653,420 | €717,283 | +€63,864 | +9.8% |
| Fixed assets | 21/28 | €261,923 | €446,842 | +€184,919 | +70.6% |
| Tangible fixed assets | 22/27 | €261,923 | €446,842 | +€184,919 | +70.6% |
| Land and buildings | 22 | €235,147 | €413,040 | +€177,893 | +75.7% |
| Furniture and vehicles | 24 | €26,777 | €18,681 | -€8,096 | -30.2% |
| Other tangible fixed assets | 26 | - | €15,122 | +€15,122 | |
| Current assets | 29/58 | €391,497 | €270,441 | -€121,055 | -30.9% |
| Amounts receivable within one year | 40/41 | €264,804 | €166,284 | -€98,520 | -37.2% |
| Trade receivables | 40 | €57,486 | €41,245 | -€16,241 | -28.3% |
| Other amounts receivable | 41 | €207,318 | €125,039 | -€82,279 | -39.7% |
| Current investments | 50/53 | €66,005 | €67,305 | +€1,300 | +2.0% |
| Cash at bank and in hand | 54/58 | €59,767 | €36,088 | -€23,679 | -39.6% |
| Deferred charges and accrued income | 490/1 | €920 | €764 | -€156 | -17.0% |
| Total equity and liabilities | 10/49 | €653,420 | €717,283 | +€63,864 | +9.8% |
| Equity | 10/15 | €152,871 | €207,251 | +€54,380 | +35.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €142,871 | €197,251 | +€54,380 | +38.1% |
| Distributable reserves | 133 | €142,871 | €197,251 | +€54,380 | +38.1% |
| Amounts payable | 17/49 | €500,549 | €510,032 | +€9,483 | +1.9% |
| Amounts payable after more than one year | 17 | €400,796 | €428,417 | +€27,621 | +6.9% |
| Financial debts | 170/4 | €400,796 | €428,417 | +€27,621 | +6.9% |
| Amounts payable within one year | 42/48 | €99,752 | €81,615 | -€18,138 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €15,804 | €33,257 | +€17,454 | +110.4% |
| Trade debts | 44 | €18,602 | €27,705 | +€9,103 | +48.9% |
| Suppliers | 440/4 | €18,602 | €27,705 | +€9,103 | +48.9% |
| Taxes, remuneration and social security | 45 | €65,347 | €20,652 | -€44,695 | -68.4% |
| Taxes | 450/3 | €65,347 | €20,652 | -€44,695 | -68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,119 | €40,044 | -€19,075 | -32.3% |
| Other operating charges | 640/8 | €1,763 | €1,205 | -€558 | -31.7% |
| Gross operating margin | 9900 | €127,559 | €119,984 | -€7,575 | -5.9% |
| Operating profit (loss) | 9901 | €66,677 | €78,736 | +€12,059 | +18.1% |
| Financial income | 75/76B | €1,045 | €1,300 | +€255 | +24.4% |
| Recurring financial income | 75 | €1,045 | €1,300 | +€255 | +24.4% |
| Financial charges | 65/66B | €2,991 | €11,397 | +€8,406 | +281.1% |
| Recurring financial charges | 65 | €2,991 | €11,397 | +€8,406 | +281.1% |
| Profit (loss) for the period before taxes | 9903 | €64,731 | €68,639 | +€3,907 | +6.0% |
| Income taxes | 67/77 | €18,925 | €14,258 | -€4,666 | -24.7% |
| Profit (loss) for the period | 9904 | €45,807 | €54,380 | +€8,573 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,807 | €54,380 | +€8,573 | +18.7% |
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 10 October 2026 via checked.be.