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BKGEST: what changed

Two fiscal 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.

What changed

BKGEST

BE 0430.639.022
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€112,680
2024 · €110,860+€1,820
Equity
€60,795
2024 · €60,616+€180
Cash
€53,032
2024 · €46,398+€6,634
Balance sheet total
€190,099
2024 · €182,858+€7,242

Largest movements

2024 to 2025
Assets
  • Cash +€6,634

    up €6,634 (+14.3%), from €46,398 to €53,032

    mainly Net result for the year (+€112,680) and Tax, wage and social debts (+€10,166)

Equity and liabilities
  • Tax, wage and social debts +€10,166

    up €10,166 (+166.7%), from €6,099 to €16,265

    of which Remuneration and social security: +€9,000

  • Trade debts -€3,062

    down €3,062 (-86.6%), from €3,537 to €475

Income statement
  • Gross operating margin +€1,290

    up €1,290 (+2.1%), from €62,730 to €64,020

  • Other operating charges -€1,146

    down €1,146 (-71.1%), from €1,613 to €467

  • Taxes +€774

    up €774 (+5.0%), from €15,425 to €16,199

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €110,860
Gross operating margin +€1,290
Other operating charges +€1,146
Financial income -€3
Financial charges +€160
Taxes -€774
Result 2025 €112,680

Cash bridge derived

cash 2024 to 2025

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.

From operations +€119,134
Investment €0
Financing -€112,500
Cash 2024 €46,398
Net result for the year +€112,680
Receivables within one year -€607
Trade debts -€3,062
Tax, wage and social debts +€10,166
Accrued charges and deferred income -€42
Contributions, distributions and other -€112,500
Cash 2025 €53,032
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €182,858 €190,099 +€7,242 +4.0%
Fixed assets 21/28 €101,000 €101,000 = 0.0%
Intangible fixed assets 21 €0 - =
Financial fixed assets 28 €101,000 €101,000 = 0.0%
Current assets 29/58 €81,858 €89,099 +€7,242 +8.8%
Amounts receivable within one year 40/41 €35,460 €36,067 +€607 +1.7%
Other amounts receivable 41 €35,460 €36,067 +€607 +1.7%
Cash at bank and in hand 54/58 €46,398 €53,032 +€6,634 +14.3%
Total equity and liabilities 10/49 €182,858 €190,099 +€7,242 +4.0%
Equity 10/15 €60,616 €60,795 +€180 +0.3%
Contributions 10/11 €33,052 €33,052 = 0.0%
Reserves 13 €24,913 €24,913 = 0.0%
Distributable reserves 133 €24,913 €24,913 = 0.0%
Profit (loss) carried forward 14 €2,650 €2,830 +€180 +6.8%
Amounts payable 17/49 €122,242 €129,304 +€7,062 +5.8%
Amounts payable within one year 42/48 €122,200 €129,304 +€7,104 +5.8%
Trade debts 44 €3,537 €475 -€3,062 -86.6%
Suppliers 440/4 €3,537 €475 -€3,062 -86.6%
Taxes, remuneration and social security 45 €6,099 €16,265 +€10,166 +166.7%
Taxes 450/3 €3,099 €4,265 +€1,166 +37.6%
Remuneration and social security 454/9 €3,000 €12,000 +€9,000 +300.0%
Other amounts payable 47/48 €112,564 €112,564 = 0.0%
Accrued charges and deferred income 492/3 €42 - -€42
Other operating charges 640/8 €1,613 €467 -€1,146 -71.1%
Gross operating margin 9900 €62,730 €64,020 +€1,290 +2.1%
Operating profit (loss) 9901 €61,117 €63,553 +€2,436 +4.0%
Financial income 75/76B €65,653 €65,650 -€3 0.0%
Recurring financial income 75 €65,653 €65,650 -€3 0.0%
Financial charges 65/66B €485 €324 -€160 -33.1%
Recurring financial charges 65 €485 €324 -€160 -33.1%
Profit (loss) for the period before taxes 9903 €126,285 €128,879 +€2,594 +2.1%
Income taxes 67/77 €15,425 €16,199 +€774 +5.0%
Profit (loss) for the period 9904 €110,860 €112,680 +€1,820 +1.6%
Profit (loss) for the period to be appropriated 9905 €110,860 €112,680 +€1,820 +1.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.