BST: what changed
What changed
BST
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€33,121
2023 · €35,358-€2,237
Equity
€1.1m
2023 · €1.1m+€33,121
Cash
€3,301
2023 · €1,139+€2,162
Balance sheet total
€1.8m
2023 · €1.3m+€473,401
Largest movements
Assets
- Financial fixed assets +€500,000
up €500,000 (+43.6%), from €1.1m to €1.6m
- Receivables within one year -€29,034
down €29,034 (-15.3%), from €189,757 to €160,723
of which Trade receivables: -€22,940
Equity and liabilities
- Other debts +€403,466
up €403,466 (+1,120%), from €36,017 to €439,483
- Tax, wage and social debts +€39,342
up €39,342 (+74.7%), from €52,633 to €91,975
of which Taxes: +€23,208
- Profit (loss) carried forward +€33,121
up €33,121 (+8.2%), from €406,043 to €439,164
Income statement
- Gross operating margin -€9,095
down €9,095 (-9.3%), from €97,289 to €88,194
- Other operating charges -€4,689
down €4,689 (-67.3%), from €6,972 to €2,283
- Taxes -€4,273
down €4,273 (-19.1%), from €22,340 to €18,067
- Financial charges +€3,894
up €3,894 (+60.9%), from €6,397 to €10,291
- Staff costs -€1,789
down €1,789 (-7.4%), from €24,245 to €22,456
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€35,358
Gross operating margin
-€9,095
Staff costs
+€1,789
Other operating charges
+€4,689
Financial income
+€1
Financial charges
-€3,894
Taxes
+€4,273
Result 2024
€33,121
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€502,162
Investment
-€500,000
Financing
€0
Cash 2023
€1,139
From operations (derived)
+€502,162
Net result for the year
+€33,121
Depreciation
+€1,977
Receivables within one year
+€29,034
Deferred charges and accrued income
-€2,249
Trade debts
-€2,527
Tax, wage and social debts
+€39,342
Other debts
+€403,466
Investment (derived)
-€500,000
Investment in fixed assets (net)
-€500,000
Cash 2024
€3,301
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,348,454 | €1,821,855 | +€473,401 | +35.1% |
| Fixed assets | 21/28 | €1,154,820 | €1,652,843 | +€498,023 | +43.1% |
| Tangible fixed assets | 22/27 | €7,824 | €5,847 | -€1,977 | -25.3% |
| Furniture and vehicles | 24 | €7,824 | €5,847 | -€1,977 | -25.3% |
| Financial fixed assets | 28 | €1,146,996 | €1,646,996 | +€500,000 | +43.6% |
| Current assets | 29/58 | €193,634 | €169,012 | -€24,622 | -12.7% |
| Amounts receivable within one year | 40/41 | €189,757 | €160,723 | -€29,034 | -15.3% |
| Trade receivables | 40 | €183,662 | €160,723 | -€22,940 | -12.5% |
| Other amounts receivable | 41 | €6,094 | - | -€6,094 | |
| Cash at bank and in hand | 54/58 | €1,139 | €3,301 | +€2,162 | +190% |
| Deferred charges and accrued income | 490/1 | €2,739 | €4,988 | +€2,249 | +82.1% |
| Total equity and liabilities | 10/49 | €1,348,454 | €1,821,855 | +€473,401 | +35.1% |
| Equity | 10/15 | €1,095,743 | €1,128,864 | +€33,121 | +3.0% |
| Contributions | 10/11 | €627,000 | €627,000 | = | 0.0% |
| Capital | 10 | €627,000 | €627,000 | = | 0.0% |
| Issued capital | 100 | €627,000 | €627,000 | = | 0.0% |
| Reserves | 13 | €62,700 | €62,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €62,700 | €62,700 | = | 0.0% |
| Legal reserve | 130 | €62,700 | €62,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €406,043 | €439,164 | +€33,121 | +8.2% |
| Amounts payable | 17/49 | €252,711 | €692,991 | +€440,280 | +174% |
| Amounts payable after more than one year | 17 | €134,000 | €134,000 | = | 0.0% |
| Financial debts | 170/4 | €134,000 | €134,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €113,351 | €553,631 | +€440,280 | +388% |
| Trade debts | 44 | €24,701 | €22,174 | -€2,527 | -10.2% |
| Suppliers | 440/4 | €24,701 | €22,174 | -€2,527 | -10.2% |
| Taxes, remuneration and social security | 45 | €52,633 | €91,975 | +€39,342 | +74.7% |
| Taxes | 450/3 | €38,590 | €61,797 | +€23,208 | +60.1% |
| Remuneration and social security | 454/9 | €14,043 | €30,178 | +€16,134 | +115% |
| Other amounts payable | 47/48 | €36,017 | €439,483 | +€403,466 | +1,120% |
| Accrued charges and deferred income | 492/3 | €5,360 | €5,360 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €24,245 | €22,456 | -€1,789 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,977 | €1,977 | = | 0.0% |
| Other operating charges | 640/8 | €6,972 | €2,283 | -€4,689 | -67.3% |
| Gross operating margin | 9900 | €97,289 | €88,194 | -€9,095 | -9.3% |
| Operating profit (loss) | 9901 | €64,095 | €61,478 | -€2,617 | -4.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €6,397 | €10,291 | +€3,894 | +60.9% |
| Recurring financial charges | 65 | €6,397 | €10,291 | +€3,894 | +60.9% |
| Profit (loss) for the period before taxes | 9903 | €57,697 | €51,188 | -€6,509 | -11.3% |
| Income taxes | 67/77 | €22,340 | €18,067 | -€4,273 | -19.1% |
| Profit (loss) for the period | 9904 | €35,358 | €33,121 | -€2,237 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,358 | €33,121 | -€2,237 | -6.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.