BFN 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.
BFN Consulting
Largest movements
- Cash -€164,427
down €164,427 (-86.3%), from €190,526 to €26,099
mainly Contributions, distributions and other (-€371,177) and Receivables within one year (-€63,912)
- Receivables within one year +€63,912
up €63,912 (+735.3%), from €8,692 to €72,604
of which Trade receivables: +€63,912
- Tangible fixed assets +€25,420
up €25,420 (+82.1%), from €30,959 to €56,379
of which Land and buildings: +€22,177
- Receivables after one year -€11,825
no longer reported in 2025 (was €11,825)
- Profit (loss) carried forward -€161,174
down €161,174 (-99.8%), from €161,525 to €351
- Other debts +€88,391
new in 2025: €88,391
- Tax, wage and social debts -€7,169
down €7,169 (-11.4%), from €62,681 to €55,512
of which Taxes: -€10,739
- Trade debts -€6,406
down €6,406 (-43.3%), from €14,796 to €8,390
- Gross operating margin +€122,969
up €122,969 (+80.0%), from €153,725 to €276,694
- Taxes +€27,698
up €27,698 (+81.2%), from €34,113 to €61,811
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 | €242,002 | €156,184 | -€85,818 | -35.5% |
| Fixed assets | 21/28 | €30,959 | €56,379 | +€25,420 | +82.1% |
| Tangible fixed assets | 22/27 | €30,959 | €56,379 | +€25,420 | +82.1% |
| Land and buildings | 22 | €30,226 | €52,403 | +€22,177 | +73.4% |
| Furniture and vehicles | 24 | €733 | €3,976 | +€3,243 | +442.4% |
| Current assets | 29/58 | €211,043 | €99,805 | -€111,238 | -52.7% |
| Amounts receivable after more than one year | 29 | €11,825 | - | -€11,825 | |
| Other amounts receivable | 291 | €11,825 | - | -€11,825 | |
| Amounts receivable within one year | 40/41 | €8,692 | €72,604 | +€63,912 | +735.3% |
| Trade receivables | 40 | €2,034 | €65,946 | +€63,912 | +3142.2% |
| Other amounts receivable | 41 | €6,658 | €6,658 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €190,526 | €26,099 | -€164,427 | -86.3% |
| Deferred charges and accrued income | 490/1 | - | €1,102 | +€1,102 | |
| Total equity and liabilities | 10/49 | €242,002 | €156,184 | -€85,818 | -35.5% |
| Equity | 10/15 | €164,525 | €3,351 | -€161,174 | -98.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,525 | €351 | -€161,174 | -99.8% |
| Amounts payable | 17/49 | €77,477 | €152,833 | +€75,356 | +97.3% |
| Amounts payable within one year | 42/48 | €77,477 | €152,293 | +€74,816 | +96.6% |
| Trade debts | 44 | €14,796 | €8,390 | -€6,406 | -43.3% |
| Suppliers | 440/4 | €14,796 | €8,390 | -€6,406 | -43.3% |
| Taxes, remuneration and social security | 45 | €62,681 | €55,512 | -€7,169 | -11.4% |
| Taxes | 450/3 | €62,681 | €51,942 | -€10,739 | -17.1% |
| Remuneration and social security | 454/9 | - | €3,570 | +€3,570 | |
| Other amounts payable | 47/48 | - | €88,391 | +€88,391 | |
| Accrued charges and deferred income | 492/3 | - | €540 | +€540 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,081 | €6,051 | +€1,970 | +48.3% |
| Other operating charges | 640/8 | €898 | €528 | -€370 | -41.2% |
| Gross operating margin | 9900 | €153,725 | €276,694 | +€122,969 | +80.0% |
| Operating profit (loss) | 9901 | €148,746 | €270,115 | +€121,369 | +81.6% |
| Financial income | 75/76B | €3,141 | €1,814 | -€1,327 | -42.2% |
| Recurring financial income | 75 | €3,141 | €1,814 | -€1,327 | -42.2% |
| Financial charges | 65/66B | €243 | €115 | -€128 | -52.7% |
| Recurring financial charges | 65 | €243 | €115 | -€128 | -52.7% |
| Profit (loss) for the period before taxes | 9903 | €151,644 | €271,814 | +€120,170 | +79.2% |
| Income taxes | 67/77 | €34,113 | €61,811 | +€27,698 | +81.2% |
| Profit (loss) for the period | 9904 | €117,531 | €210,003 | +€92,472 | +78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €117,531 | €210,003 | +€92,472 | +78.7% |
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 11 October 2026 via checked.be.