BGA 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.
BGA Consulting
Largest movements
- Deferred charges and accrued income -€33,341
down €33,341 (-86.1%), from €38,741 to €5,400
- Tangible fixed assets -€15,769
down €15,769 (-16.7%), from €94,649 to €78,880
of which Furniture and vehicles: -€15,871
- Receivables within one year +€8,829
up €8,829 (+59.8%), from €14,760 to €23,589
of which Other amounts receivable: +€11,854
- Cash -€5,157
down €5,157 (-61.2%), from €8,427 to €3,270
mainly Other debts (-€46,486) and Contributions, distributions and other (-€40,843)
- Other debts -€46,486
no longer reported in 2025 (was €46,486)
- Current portion of long-term debt +€23,984
up €23,984 (+156%), from €15,353 to €39,337
- Debts after one year -€15,899
down €15,899 (-24.2%), from €65,575 to €49,676
- Trade debts -€6,026
down €6,026 (-92.4%), from €6,523 to €497
- Gross operating margin +€34,552
up €34,552 (+73.8%), from €46,845 to €81,397
- Depreciation +€14,820
up €14,820 (+270%), from €5,499 to €20,319
- Taxes +€7,986
up €7,986 (+106%), from €7,546 to €15,531
- Financial charges +€1,912
up €1,912 (+78.7%), from €2,430 to €4,342
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 | €156,577 | €111,139 | -€45,439 | -29.0% |
| Fixed assets | 21/28 | €94,649 | €78,880 | -€15,769 | -16.7% |
| Tangible fixed assets | 22/27 | €94,649 | €78,880 | -€15,769 | -16.7% |
| Plant, machinery and equipment | 23 | €1,619 | €5,047 | +€3,428 | +212% |
| Furniture and vehicles | 24 | €80,202 | €64,331 | -€15,871 | -19.8% |
| Other tangible fixed assets | 26 | €12,828 | €9,502 | -€3,326 | -25.9% |
| Current assets | 29/58 | €61,929 | €32,259 | -€29,669 | -47.9% |
| Amounts receivable within one year | 40/41 | €14,760 | €23,589 | +€8,829 | +59.8% |
| Trade receivables | 40 | €3,025 | - | -€3,025 | |
| Other amounts receivable | 41 | €11,735 | €23,589 | +€11,854 | +101% |
| Cash at bank and in hand | 54/58 | €8,427 | €3,270 | -€5,157 | -61.2% |
| Deferred charges and accrued income | 490/1 | €38,741 | €5,400 | -€33,341 | -86.1% |
| Total equity and liabilities | 10/49 | €156,577 | €111,139 | -€45,439 | -29.0% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €153,577 | €108,139 | -€45,439 | -29.6% |
| Amounts payable after more than one year | 17 | €65,575 | €49,676 | -€15,899 | -24.2% |
| Financial debts | 170/4 | €65,575 | €49,676 | -€15,899 | -24.2% |
| Amounts payable within one year | 42/48 | €88,003 | €58,463 | -€29,539 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €15,353 | €39,337 | +€23,984 | +156% |
| Trade debts | 44 | €6,523 | €497 | -€6,026 | -92.4% |
| Suppliers | 440/4 | €6,523 | €497 | -€6,026 | -92.4% |
| Taxes, remuneration and social security | 45 | €19,641 | €18,629 | -€1,013 | -5.2% |
| Taxes | 450/3 | €19,641 | €18,629 | -€1,013 | -5.2% |
| Other amounts payable | 47/48 | €46,486 | - | -€46,486 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,499 | €20,319 | +€14,820 | +270% |
| Other operating charges | 640/8 | €746 | €361 | -€385 | -51.6% |
| Gross operating margin | 9900 | €46,845 | €81,397 | +€34,552 | +73.8% |
| Operating profit (loss) | 9901 | €40,600 | €60,717 | +€20,117 | +49.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,430 | €4,342 | +€1,912 | +78.7% |
| Recurring financial charges | 65 | €2,430 | €4,342 | +€1,912 | +78.7% |
| Profit (loss) for the period before taxes | 9903 | €38,170 | €56,375 | +€18,205 | +47.7% |
| Income taxes | 67/77 | €7,546 | €15,531 | +€7,986 | +106% |
| Profit (loss) for the period | 9904 | €30,624 | €40,843 | +€10,219 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,624 | €40,843 | +€10,219 | +33.4% |
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 18 October 2026 via checked.be.