BG 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.
BG CONSULTING
Largest movements
- Tangible fixed assets -€7,374
down €7,374 (-7.9%), from €93,830 to €86,456
of which Land and buildings: -€4,842
- Current investments -€5,115
down €5,115 (-28.2%), from €18,123 to €13,008
- Receivables within one year -€3,625
down €3,625 (-17.1%), from €21,149 to €17,524
of which Trade receivables: -€8,203
- Cash -€1,971
down €1,971 (-69.0%), from €2,857 to €886
mainly Debts after one year (-€29,444) and Current portion of long-term debt (-€6,667)
- Debts after one year -€29,444
no longer reported in 2025 (was €29,444)
- Reserves +€17,253
up €17,253 (+75.4%), from €22,889 to €40,142
- Current portion of long-term debt -€6,667
no longer reported in 2025 (was €6,667)
- Trade debts -€4,078
down €4,078 (-86.8%), from €4,700 to €623
- Tax, wage and social debts +€3,356
up €3,356 (+108%), from €3,111 to €6,467
- Gross operating margin +€11,473
up €11,473 (+71.6%), from €16,025 to €27,498
- Write-downs -€6,585
new in 2025: -€6,585
- Taxes +€5,814
up €5,814 (+279%), from €2,084 to €7,899
- Depreciation -€2,966
down €2,966 (-35.0%), from €8,470 to €5,504
- Financial charges +€479
up €479 (+40.0%), from €1,198 to €1,676
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.
Derived cash bridge
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 | €136,969 | €118,099 | -€18,870 | -13.8% |
| Fixed assets | 21/28 | €93,855 | €86,481 | -€7,374 | -7.9% |
| Tangible fixed assets | 22/27 | €93,830 | €86,456 | -€7,374 | -7.9% |
| Land and buildings | 22 | €89,678 | €84,837 | -€4,842 | -5.4% |
| Plant, machinery and equipment | 23 | €412 | €237 | -€175 | -42.5% |
| Furniture and vehicles | 24 | €3,740 | €1,382 | -€2,357 | -63.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €43,113 | €31,618 | -€11,496 | -26.7% |
| Amounts receivable within one year | 40/41 | €21,149 | €17,524 | -€3,625 | -17.1% |
| Trade receivables | 40 | €14,469 | €6,266 | -€8,203 | -56.7% |
| Other amounts receivable | 41 | €6,680 | €11,258 | +€4,578 | +68.5% |
| Current investments | 50/53 | €18,123 | €13,008 | -€5,115 | -28.2% |
| Cash at bank and in hand | 54/58 | €2,857 | €886 | -€1,971 | -69.0% |
| Deferred charges and accrued income | 490/1 | €985 | €200 | -€785 | -79.7% |
| Total equity and liabilities | 10/49 | €136,969 | €118,099 | -€18,870 | -13.8% |
| Equity | 10/15 | €92,668 | €109,921 | +€17,253 | +18.6% |
| Contributions | 10/11 | €78,592 | €78,592 | = | 0.0% |
| Reserves | 13 | €22,889 | €40,142 | +€17,253 | +75.4% |
| Distributable reserves | 133 | €22,889 | €40,142 | +€17,253 | +75.4% |
| Profit (loss) carried forward | 14 | -€8,813 | -€8,813 | = | 0.0% |
| Amounts payable | 17/49 | €44,300 | €8,178 | -€36,123 | -81.5% |
| Amounts payable after more than one year | 17 | €29,444 | - | -€29,444 | |
| Financial debts | 170/4 | €29,444 | - | -€29,444 | |
| Amounts payable within one year | 42/48 | €14,478 | €8,089 | -€6,389 | -44.1% |
| Current portion of amounts payable after more than one year | 42 | €6,667 | - | -€6,667 | |
| Trade debts | 44 | €4,700 | €623 | -€4,078 | -86.8% |
| Suppliers | 440/4 | €4,700 | €623 | -€4,078 | -86.8% |
| Taxes, remuneration and social security | 45 | €3,111 | €6,467 | +€3,356 | +108% |
| Taxes | 450/3 | €3,111 | €6,467 | +€3,356 | +108% |
| Other amounts payable | 47/48 | - | €1,000 | +€1,000 | |
| Accrued charges and deferred income | 492/3 | €379 | €89 | -€290 | -76.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,470 | €5,504 | -€2,966 | -35.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€6,585 | -€6,585 | |
| Other operating charges | 640/8 | €1,505 | €1,323 | -€182 | -12.1% |
| Gross operating margin | 9900 | €16,025 | €27,498 | +€11,473 | +71.6% |
| Operating profit (loss) | 9901 | €6,050 | €27,256 | +€21,206 | +351% |
| Financial income | 75/76B | €321 | €572 | +€250 | +77.9% |
| Recurring financial income | 75 | €321 | €572 | +€250 | +77.9% |
| Financial charges | 65/66B | €1,198 | €1,676 | +€479 | +40.0% |
| Recurring financial charges | 65 | €1,198 | €1,676 | +€479 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €5,174 | €26,151 | +€20,977 | +405% |
| Income taxes | 67/77 | €2,084 | €7,899 | +€5,814 | +279% |
| Profit (loss) for the period | 9904 | €3,090 | €18,253 | +€15,163 | +491% |
| Profit (loss) for the period to be appropriated | 9905 | €3,090 | €18,253 | +€15,163 | +491% |
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 19 October 2026 via checked.be.