BQ 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.
BQ CONSULTING
Largest movements
- Financial fixed assets -€39,897
down €39,897 (-23.3%), from €170,959 to €131,062
- Cash +€33,253
up €33,253 (+63.1%), from €52,659 to €85,912
- Receivables within one year +€31,622
up €31,622 (+168%), from €18,782 to €50,404
of which Trade receivables: +€23,946
- Tangible fixed assets +€7,384
up €7,384 (+12.7%), from €58,318 to €65,702
of which Furniture and vehicles: +€8,107
- Reserves +€41,902
up €41,902 (+19.2%), from €217,682 to €259,584
of which Distributable reserves: +€47,530
- Debts after one year -€25,766
no longer reported in 2025 (was €25,766)
- Tax, wage and social debts +€17,896
up €17,896 (+187%), from €9,587 to €27,483
of which Remuneration and social security: +€9,796
- Turnover -€130,594
no longer reported in 2025 (was €130,594)
- Purchases and services -€95,312
no longer reported in 2025 (was €95,312)
- Gross operating margin +€21,345
up €21,345 (+48.4%), from €44,134 to €65,480
- Depreciation +€13,723
up €13,723 (+70.6%), from €19,435 to €33,158
- Taxes +€5,001
up €5,001 (+58.6%), from €8,537 to €13,538
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €300,719 | €333,081 | +€32,362 | +10.8% |
| Fixed assets | 21/28 | €229,277 | €196,764 | -€32,513 | -14.2% |
| Tangible fixed assets | 22/27 | €58,318 | €65,702 | +€7,384 | +12.7% |
| Land and buildings | 22 | €723 | - | -€723 | |
| Furniture and vehicles | 24 | €57,595 | €65,702 | +€8,107 | +14.1% |
| Financial fixed assets | 28 | €170,959 | €131,062 | -€39,897 | -23.3% |
| Current assets | 29/58 | €71,441 | €136,316 | +€64,875 | +90.8% |
| Amounts receivable within one year | 40/41 | €18,782 | €50,404 | +€31,622 | +168% |
| Trade receivables | 40 | €13,959 | €37,904 | +€23,946 | +172% |
| Other amounts receivable | 41 | €4,823 | €12,500 | +€7,677 | +159% |
| Cash at bank and in hand | 54/58 | €52,659 | €85,912 | +€33,253 | +63.1% |
| Total equity and liabilities | 10/49 | €300,719 | €333,081 | +€32,362 | +10.8% |
| Equity | 10/15 | €238,882 | €280,784 | +€41,902 | +17.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €217,682 | €259,584 | +€41,902 | +19.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,138 | €22,511 | -€5,628 | -20.0% |
| Distributable reserves | 133 | €187,684 | €235,214 | +€47,530 | +25.3% |
| Profit (loss) carried forward | 14 | €15,000 | €15,000 | = | 0.0% |
| Provisions and deferred taxes | 16 | €7,035 | €5,628 | -€1,407 | -20.0% |
| Deferred taxes | 168 | €7,035 | €5,628 | -€1,407 | -20.0% |
| Amounts payable | 17/49 | €54,802 | €46,669 | -€8,133 | -14.8% |
| Amounts payable after more than one year | 17 | €25,766 | - | -€25,766 | |
| Financial debts | 170/4 | €25,766 | - | -€25,766 | |
| Amounts payable within one year | 42/48 | €29,036 | €46,669 | +€17,633 | +60.7% |
| Current portion of amounts payable after more than one year | 42 | €12,276 | €13,057 | +€781 | +6.4% |
| Trade debts | 44 | €7,173 | €6,128 | -€1,044 | -14.6% |
| Suppliers | 440/4 | €7,173 | €6,128 | -€1,044 | -14.6% |
| Taxes, remuneration and social security | 45 | €9,587 | €27,483 | +€17,896 | +187% |
| Taxes | 450/3 | €9,587 | €17,688 | +€8,100 | +84.5% |
| Remuneration and social security | 454/9 | - | €9,796 | +€9,796 | |
| Turnover | 70 | €130,594 | - | -€130,594 | |
| Goods, raw materials, services and sundry goods | 60/61 | €95,312 | - | -€95,312 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,435 | €33,158 | +€13,723 | +70.6% |
| Other operating charges | 640/8 | €469 | €500 | +€30 | +6.5% |
| Gross operating margin | 9900 | €44,134 | €65,480 | +€21,345 | +48.4% |
| Operating profit (loss) | 9901 | €24,231 | €31,823 | +€7,592 | +31.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,860 | €2,501 | +€641 | +34.4% |
| Recurring financial charges | 65 | €1,860 | €2,501 | +€641 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | €22,370 | €29,322 | +€6,951 | +31.1% |
| Transfer from deferred taxes | 780 | - | €1,407 | +€1,407 | |
| Income taxes | 67/77 | €8,537 | €13,538 | +€5,001 | +58.6% |
| Profit (loss) for the period | 9904 | €13,834 | €17,190 | +€3,357 | +24.3% |
| Transfer from tax-exempt reserves | 789 | - | €5,628 | +€5,628 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,834 | €22,818 | +€8,984 | +64.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 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.