BSTB E-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.
BSTB E-consult
Largest movements
- Receivables within one year +€15,271
up €15,271 (+122%), from €12,496 to €27,767
- Cash +€4,628
up €4,628 (+128%), from €3,611 to €8,240
mainly Net result for the year (+€14,532) and Depreciation (+€5,115)
- Intangible fixed assets -€3,709
down €3,709 (-81.0%), from €4,577 to €868
- Tangible fixed assets -€1,406
down €1,406 (-50.8%), from €2,766 to €1,360
- Deferred charges and accrued income +€500
new in 2025: €500
- Profit (loss) carried forward +€14,532
up €14,532 (+37.7%), from -€38,588 to -€24,055
- Other debts -€1,061
down €1,061 (-12.6%), from €8,419 to €7,358
- Trade debts +€1,043
up €1,043 (+126%), from €826 to €1,869
- Tax, wage and social debts +€771
up €771 (+64.7%), from €1,192 to €1,963
- Gross operating margin +€13,678
up €13,678 (+173%), from €7,901 to €21,579
- Financial charges -€648
down €648 (-43.8%), from €1,480 to €832
- Taxes +€234
no longer reported in 2025 (was -€234)
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 | €23,450 | €38,734 | +€15,285 | +65.2% |
| Fixed assets | 21/28 | €7,343 | €2,228 | -€5,115 | -69.7% |
| Intangible fixed assets | 21 | €4,577 | €868 | -€3,709 | -81.0% |
| Tangible fixed assets | 22/27 | €2,766 | €1,360 | -€1,406 | -50.8% |
| Land and buildings | 22 | €342 | €0 | -€342 | -100% |
| Plant, machinery and equipment | 23 | €1,660 | €1,216 | -€444 | -26.8% |
| Furniture and vehicles | 24 | €764 | €144 | -€620 | -81.1% |
| Current assets | 29/58 | €16,107 | €36,507 | +€20,400 | +127% |
| Amounts receivable within one year | 40/41 | €12,496 | €27,767 | +€15,271 | +122% |
| Trade receivables | 40 | €12,496 | €27,767 | +€15,271 | +122% |
| Cash at bank and in hand | 54/58 | €3,611 | €8,240 | +€4,628 | +128% |
| Deferred charges and accrued income | 490/1 | - | €500 | +€500 | |
| Total equity and liabilities | 10/49 | €23,450 | €38,734 | +€15,285 | +65.2% |
| Equity | 10/15 | €13,012 | €27,545 | +€14,532 | +112% |
| Contributions | 10/11 | €51,600 | €51,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,588 | -€24,055 | +€14,532 | +37.7% |
| Amounts payable | 17/49 | €10,438 | €11,190 | +€752 | +7.2% |
| Amounts payable within one year | 42/48 | €10,438 | €11,190 | +€752 | +7.2% |
| Trade debts | 44 | €826 | €1,869 | +€1,043 | +126% |
| Suppliers | 440/4 | €826 | €1,869 | +€1,043 | +126% |
| Taxes, remuneration and social security | 45 | €1,192 | €1,963 | +€771 | +64.7% |
| Taxes | 450/3 | €1,192 | €1,963 | +€771 | +64.7% |
| Other amounts payable | 47/48 | €8,419 | €7,358 | -€1,061 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,213 | €5,115 | -€98 | -1.9% |
| Other operating charges | 640/8 | €1,005 | €1,101 | +€95 | +9.5% |
| Gross operating margin | 9900 | €7,901 | €21,579 | +€13,678 | +173% |
| Operating profit (loss) | 9901 | €1,683 | €15,363 | +€13,680 | +813% |
| Financial income | 75/76B | €1 | €2 | +€1 | +88.9% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +88.9% |
| Financial charges | 65/66B | €1,480 | €832 | -€648 | -43.8% |
| Recurring financial charges | 65 | €1,480 | €832 | -€648 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €203 | €14,532 | +€14,329 | +7,045% |
| Income taxes | 67/77 | -€234 | - | +€234 | |
| Profit (loss) for the period | 9904 | €437 | €14,532 | +€14,095 | +3,222% |
| Profit (loss) for the period to be appropriated | 9905 | €437 | €14,532 | +€14,095 | +3,222% |
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 14 October 2026 via checked.be.