BO CONSULT: 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.
BO CONSULT
Largest movements
- Receivables within one year +€34,996
up €34,996 (+199%), from €17,602 to €52,598
- Cash -€34,338
down €34,338 (-74.8%), from €45,916 to €11,578
mainly Receivables within one year (-€34,996) and Debts after one year (-€8,156)
- Tangible fixed assets -€5,030
down €5,030 (-6.7%), from €74,746 to €69,716
of which Land and buildings: -€3,096
- Deferred charges and accrued income -€2,242
down €2,242 (-23.1%), from €9,723 to €7,481
- Debts after one year -€8,156
down €8,156 (-33.1%), from €24,637 to €16,482
- Other debts -€5,663
down €5,663 (-95.8%), from €5,912 to €248
- Tax, wage and social debts +€4,708
up €4,708 (+30.2%), from €15,602 to €20,310
- Trade debts +€2,619
up €2,619 (+14.1%), from €18,558 to €21,177
- Gross operating margin -€26,091
down €26,091 (-67.0%), from €38,969 to €12,879
- Taxes -€7,690
down €7,690 (-72.4%), from €10,627 to €2,938
- Depreciation +€673
up €673 (+15.5%), from €4,357 to €5,030
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 | €154,884 | €148,458 | -€6,426 | -4.1% |
| Fixed assets | 21/28 | €74,746 | €69,716 | -€5,030 | -6.7% |
| Tangible fixed assets | 22/27 | €74,746 | €69,716 | -€5,030 | -6.7% |
| Land and buildings | 22 | €64,819 | €61,723 | -€3,096 | -4.8% |
| Plant, machinery and equipment | 23 | €6,696 | €5,699 | -€997 | -14.9% |
| Furniture and vehicles | 24 | €3,231 | €2,294 | -€937 | -29.0% |
| Current assets | 29/58 | €80,138 | €78,742 | -€1,396 | -1.7% |
| Stocks and contracts in progress | 3 | €6,897 | €7,085 | +€188 | +2.7% |
| Stocks | 30/36 | €6,897 | €7,085 | +€188 | +2.7% |
| Amounts receivable within one year | 40/41 | €17,602 | €52,598 | +€34,996 | +199% |
| Trade receivables | 40 | €17,602 | €52,598 | +€34,996 | +199% |
| Cash at bank and in hand | 54/58 | €45,916 | €11,578 | -€34,338 | -74.8% |
| Deferred charges and accrued income | 490/1 | €9,723 | €7,481 | -€2,242 | -23.1% |
| Total equity and liabilities | 10/49 | €154,884 | €148,458 | -€6,426 | -4.1% |
| Equity | 10/15 | €81,749 | €81,892 | +€144 | +0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €75,280 | €75,280 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €73,280 | €73,280 | = | 0.0% |
| Profit (loss) carried forward | 14 | €269 | €412 | +€144 | +53.4% |
| Amounts payable | 17/49 | €73,135 | €66,566 | -€6,570 | -9.0% |
| Amounts payable after more than one year | 17 | €24,637 | €16,482 | -€8,156 | -33.1% |
| Financial debts | 170/4 | €24,637 | €16,482 | -€8,156 | -33.1% |
| Amounts payable within one year | 42/48 | €48,498 | €50,084 | +€1,586 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €7,865 | €8,156 | +€290 | +3.7% |
| Financial debts | 43 | €560 | €192 | -€368 | -65.7% |
| Other loans | 439 | €560 | €192 | -€368 | -65.7% |
| Trade debts | 44 | €18,558 | €21,177 | +€2,619 | +14.1% |
| Suppliers | 440/4 | €18,558 | €21,177 | +€2,619 | +14.1% |
| Taxes, remuneration and social security | 45 | €15,602 | €20,310 | +€4,708 | +30.2% |
| Taxes | 450/3 | €15,602 | €20,310 | +€4,708 | +30.2% |
| Other amounts payable | 47/48 | €5,912 | €248 | -€5,663 | -95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,357 | €5,030 | +€673 | +15.5% |
| Other operating charges | 640/8 | €2,867 | €3,037 | +€170 | +5.9% |
| Gross operating margin | 9900 | €38,969 | €12,879 | -€26,091 | -67.0% |
| Operating profit (loss) | 9901 | €31,746 | €4,812 | -€26,934 | -84.8% |
| Financial income | 75/76B | €0 | €3 | +€3 | +1,185% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +1,185% |
| Financial charges | 65/66B | €2,114 | €1,734 | -€380 | -18.0% |
| Recurring financial charges | 65 | €2,114 | €1,734 | -€380 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €29,632 | €3,081 | -€26,551 | -89.6% |
| Income taxes | 67/77 | €10,627 | €2,938 | -€7,690 | -72.4% |
| Profit (loss) for the period | 9904 | €19,005 | €144 | -€18,861 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,005 | €144 | -€18,861 | -99.2% |
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.