BQS 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.
BQS Consulting
Largest movements
- Receivables within one year +€7,481
up €7,481 (+15.6%), from €47,902 to €55,383
of which Trade receivables: +€7,292
- Cash +€5,726
up €5,726 (+24.7%), from €23,192 to €28,919
mainly Tax, wage and social debts (+€17,410) and Net result for the year (+€8,792)
- Tangible fixed assets -€1,182
down €1,182 (-49.9%), from €2,370 to €1,188
- Tax, wage and social debts +€17,410
up €17,410 (+298%), from €5,842 to €23,252
of which Remuneration and social security: +€12,733
- Advances received -€13,900
no longer reported in 2025 (was €13,900)
- Profit (loss) carried forward +€8,792
up €8,792 (+34.2%), from €25,676 to €34,468
- Trade debts +€949
up €949 (+24.1%), from €3,944 to €4,893
- Turnover -€344,680
no longer reported in 2025 (was €344,680)
- Purchases and services -€325,534
no longer reported in 2025 (was €325,534)
- Staff costs +€43,946
up €43,946 (+285%), from €15,425 to €59,371
- Gross operating margin +€37,560
up €37,560 (+93.2%), from €40,290 to €77,851
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 | €77,990 | €89,934 | +€11,944 | +15.3% |
| Fixed assets | 21/28 | €5,370 | €4,188 | -€1,182 | -22.0% |
| Tangible fixed assets | 22/27 | €2,370 | €1,188 | -€1,182 | -49.9% |
| Other tangible fixed assets | 26 | €2,370 | €1,188 | -€1,182 | -49.9% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €72,620 | €85,746 | +€13,126 | +18.1% |
| Amounts receivable within one year | 40/41 | €47,902 | €55,383 | +€7,481 | +15.6% |
| Trade receivables | 40 | €47,785 | €55,076 | +€7,292 | +15.3% |
| Other amounts receivable | 41 | €117 | €307 | +€190 | +162% |
| Cash at bank and in hand | 54/58 | €23,192 | €28,919 | +€5,726 | +24.7% |
| Deferred charges and accrued income | 490/1 | €1,525 | €1,444 | -€81 | -5.3% |
| Total equity and liabilities | 10/49 | €77,990 | €89,934 | +€11,944 | +15.3% |
| Equity | 10/15 | €44,276 | €53,068 | +€8,792 | +19.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,676 | €34,468 | +€8,792 | +34.2% |
| Amounts payable | 17/49 | €33,714 | €36,866 | +€3,152 | +9.3% |
| Amounts payable within one year | 42/48 | €33,714 | €36,866 | +€3,152 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €750 | - | -€750 | |
| Trade debts | 44 | €3,944 | €4,893 | +€949 | +24.1% |
| Suppliers | 440/4 | €3,944 | €4,893 | +€949 | +24.1% |
| Advances received on contracts in progress | 46 | €13,900 | - | -€13,900 | |
| Taxes, remuneration and social security | 45 | €5,842 | €23,252 | +€17,410 | +298% |
| Taxes | 450/3 | €5,447 | €10,123 | +€4,676 | +85.8% |
| Remuneration and social security | 454/9 | €395 | €13,129 | +€12,733 | +3,222% |
| Other amounts payable | 47/48 | €9,277 | €8,721 | -€556 | -6.0% |
| Turnover | 70 | €344,680 | - | -€344,680 | |
| Goods, raw materials, services and sundry goods | 60/61 | €325,534 | - | -€325,534 | |
| Remuneration, social security and pensions | 62 | €15,425 | €59,371 | +€43,946 | +285% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,938 | €1,182 | -€1,757 | -59.8% |
| Other operating charges | 640/8 | €3,926 | €2,718 | -€1,208 | -30.8% |
| Gross operating margin | 9900 | €40,290 | €77,851 | +€37,560 | +93.2% |
| Operating profit (loss) | 9901 | €18,001 | €14,580 | -€3,421 | -19.0% |
| Financial income | 75/76B | €407 | €84 | -€322 | -79.3% |
| Recurring financial income | 75 | €407 | €84 | -€322 | -79.3% |
| Financial charges | 65/66B | €3,667 | €295 | -€3,372 | -92.0% |
| Recurring financial charges | 65 | €1,942 | €295 | -€1,647 | -84.8% |
| Non-recurring financial charges | 66B | €1,724 | - | -€1,724 | |
| Profit (loss) for the period before taxes | 9903 | €14,742 | €14,370 | -€372 | -2.5% |
| Income taxes | 67/77 | €5,334 | €5,578 | +€243 | +4.6% |
| Profit (loss) for the period | 9904 | €9,407 | €8,792 | -€615 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,407 | €8,792 | -€615 | -6.5% |
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 13 October 2026 via checked.be.