Bormans Consulting: 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.
Bormans Consulting
Largest movements
- Tangible fixed assets +€80,335
up €80,335 (+818.6%), from €9,814 to €90,149
of which Furniture and vehicles: +€81,593
- Cash +€47,583
up €47,583 (+61.1%), from €77,925 to €125,508
mainly Net result for the year (+€99,589) and Debts after one year (+€41,866)
- Receivables within one year +€33,602
up €33,602 (+337.9%), from €9,943 to €43,545
of which Trade receivables: +€33,107
- Current investments +€14,661
up €14,661, from €0 to €14,661
- Deferred charges and accrued income +€2,919
up €2,919 (+676.9%), from €431 to €3,350
- Reserves +€91,880
up €91,880 (+113.2%), from €81,181 to €173,061
- Debts after one year +€41,866
new in 2025: €41,866
- Current portion of long-term debt +€27,112
new in 2025: €27,112
- Tax, wage and social debts +€14,788
up €14,788 (+559.9%), from €2,641 to €17,430
- Gross operating margin +€139,883
up €139,883 (+607.2%), from €23,038 to €162,922
- Taxes +€36,088
up €36,088 (+469.8%), from €7,682 to €43,770
- Depreciation +€13,480
up €13,480 (+648.4%), from €2,079 to €15,559
- Financial charges +€3,411
up €3,411 (+691.4%), from €493 to €3,904
- Financial income -€1,948
down €1,948 (-86.6%), from €2,249 to €301
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 | €98,113 | €277,214 | +€179,101 | +182.5% |
| Fixed assets | 21/28 | €9,814 | €90,149 | +€80,335 | +818.6% |
| Tangible fixed assets | 22/27 | €9,814 | €90,149 | +€80,335 | +818.6% |
| Plant, machinery and equipment | 23 | €1,497 | €778 | -€719 | -48.0% |
| Furniture and vehicles | 24 | €1,343 | €82,936 | +€81,593 | +6077.4% |
| Other tangible fixed assets | 26 | €6,974 | €6,435 | -€539 | -7.7% |
| Current assets | 29/58 | €88,299 | €187,065 | +€98,766 | +111.9% |
| Amounts receivable within one year | 40/41 | €9,943 | €43,545 | +€33,602 | +337.9% |
| Trade receivables | 40 | €9,943 | €43,050 | +€33,107 | +333.0% |
| Other amounts receivable | 41 | - | €495 | +€495 | |
| Current investments | 50/53 | €0 | €14,661 | +€14,661 | |
| Cash at bank and in hand | 54/58 | €77,925 | €125,508 | +€47,583 | +61.1% |
| Deferred charges and accrued income | 490/1 | €431 | €3,350 | +€2,919 | +676.9% |
| Total equity and liabilities | 10/49 | €98,113 | €277,214 | +€179,101 | +182.5% |
| Equity | 10/15 | €87,381 | €179,261 | +€91,880 | +105.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €81,181 | €173,061 | +€91,880 | +113.2% |
| Distributable reserves | 133 | €81,181 | €173,061 | +€91,880 | +113.2% |
| Amounts payable | 17/49 | €10,732 | €97,953 | +€87,221 | +812.7% |
| Amounts payable after more than one year | 17 | - | €41,866 | +€41,866 | |
| Financial debts | 170/4 | - | €41,866 | +€41,866 | |
| Amounts payable within one year | 42/48 | €10,732 | €56,087 | +€45,355 | +422.6% |
| Current portion of amounts payable after more than one year | 42 | - | €27,112 | +€27,112 | |
| Trade debts | 44 | €2,045 | €3,836 | +€1,791 | +87.6% |
| Suppliers | 440/4 | €2,045 | €3,836 | +€1,791 | +87.6% |
| Taxes, remuneration and social security | 45 | €2,641 | €17,430 | +€14,788 | +559.9% |
| Taxes | 450/3 | €2,641 | €17,430 | +€14,788 | +559.9% |
| Other amounts payable | 47/48 | €6,046 | €7,710 | +€1,663 | +27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,079 | €15,559 | +€13,480 | +648.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €23,038 | €162,922 | +€139,883 | +607.2% |
| Operating profit (loss) | 9901 | €20,572 | €146,963 | +€126,391 | +614.4% |
| Financial income | 75/76B | €2,249 | €301 | -€1,948 | -86.6% |
| Recurring financial income | 75 | €2,249 | €301 | -€1,948 | -86.6% |
| Financial charges | 65/66B | €493 | €3,904 | +€3,411 | +691.4% |
| Recurring financial charges | 65 | €493 | €3,904 | +€3,411 | +691.4% |
| Profit (loss) for the period before taxes | 9903 | €22,327 | €143,359 | +€121,032 | +542.1% |
| Income taxes | 67/77 | €7,682 | €43,770 | +€36,088 | +469.8% |
| Profit (loss) for the period | 9904 | €14,645 | €99,589 | +€84,944 | +580.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,645 | €99,589 | +€84,944 | +580.0% |
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 1 October 2026 via checked.be.