BT & 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.
BT & CONSULT
Largest movements
- Cash +€18,077
up €18,077 (+43.0%), from €42,011 to €60,088
mainly Net result for the year (+€37,918) and Depreciation (+€5,467)
- Intangible fixed assets -€2,764
down €2,764 (-11.1%), from €25,007 to €22,243
- Tangible fixed assets -€2,645
down €2,645 (-34.2%), from €7,726 to €5,081
of which Plant, machinery and equipment: -€1,949
- Stocks and contracts -€2,513
down €2,513 (-49.5%), from €5,073 to €2,560
- Receivables within one year +€1,990
new in 2025: €1,990
- Profit (loss) carried forward +€37,918
up €37,918 (+100%), from €37,901 to €75,819
- Current portion of long-term debt -€19,089
no longer reported in 2025 (was €19,089)
- Trade debts -€4,884
down €4,884 (-56.7%), from €8,607 to €3,723
- Turnover -€172,570
no longer reported in 2025 (was €172,570)
- Purchases and services -€115,777
no longer reported in 2025 (was €115,777)
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 | €80,286 | €93,747 | +€13,461 | +16.8% |
| Formation expenses | 20 | €58 | - | -€58 | |
| Fixed assets | 21/28 | €32,733 | €27,564 | -€5,169 | -15.8% |
| Intangible fixed assets | 21 | €25,007 | €22,243 | -€2,764 | -11.1% |
| Tangible fixed assets | 22/27 | €7,726 | €5,081 | -€2,645 | -34.2% |
| Plant, machinery and equipment | 23 | €5,966 | €4,017 | -€1,949 | -32.7% |
| Furniture and vehicles | 24 | €1,760 | €1,064 | -€696 | -39.5% |
| Financial fixed assets | 28 | - | €240 | +€240 | |
| Current assets | 29/58 | €47,495 | €66,183 | +€18,688 | +39.3% |
| Stocks and contracts in progress | 3 | €5,073 | €2,560 | -€2,513 | -49.5% |
| Stocks | 30/36 | €5,073 | €2,560 | -€2,513 | -49.5% |
| Amounts receivable within one year | 40/41 | - | €1,990 | +€1,990 | |
| Trade receivables | 40 | - | €1,990 | +€1,990 | |
| Cash at bank and in hand | 54/58 | €42,011 | €60,088 | +€18,077 | +43.0% |
| Deferred charges and accrued income | 490/1 | €411 | €1,545 | +€1,134 | +276% |
| Total equity and liabilities | 10/49 | €80,286 | €93,747 | +€13,461 | +16.8% |
| Equity | 10/15 | €38,901 | €76,819 | +€37,918 | +97.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,901 | €75,819 | +€37,918 | +100% |
| Amounts payable | 17/49 | €41,385 | €16,928 | -€24,457 | -59.1% |
| Amounts payable within one year | 42/48 | €41,362 | €16,928 | -€24,434 | -59.1% |
| Current portion of amounts payable after more than one year | 42 | €19,089 | - | -€19,089 | |
| Trade debts | 44 | €8,607 | €3,723 | -€4,884 | -56.7% |
| Suppliers | 440/4 | €8,607 | €3,723 | -€4,884 | -56.7% |
| Taxes, remuneration and social security | 45 | €12,299 | €12,233 | -€66 | -0.5% |
| Taxes | 450/3 | €10,299 | €10,733 | +€434 | +4.2% |
| Remuneration and social security | 454/9 | €2,000 | €1,500 | -€500 | -25.0% |
| Other amounts payable | 47/48 | €1,367 | €972 | -€395 | -28.9% |
| Accrued charges and deferred income | 492/3 | €23 | - | -€23 | |
| Turnover | 70 | €172,570 | - | -€172,570 | |
| Goods, raw materials, services and sundry goods | 60/61 | €115,777 | - | -€115,777 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,940 | €5,467 | -€473 | -8.0% |
| Other operating charges | 640/8 | €984 | €1,360 | +€376 | +38.2% |
| Gross operating margin | 9900 | €56,793 | €58,303 | +€1,510 | +2.7% |
| Operating profit (loss) | 9901 | €49,869 | €51,476 | +€1,607 | +3.2% |
| Financial income | 75/76B | €39 | €181 | +€142 | +364% |
| Recurring financial income | 75 | €39 | €181 | +€142 | +364% |
| Financial charges | 65/66B | €2,533 | €3,916 | +€1,383 | +54.6% |
| Recurring financial charges | 65 | €2,533 | €3,916 | +€1,383 | +54.6% |
| Profit (loss) for the period before taxes | 9903 | €47,375 | €47,741 | +€366 | +0.8% |
| Income taxes | 67/77 | €9,474 | €9,823 | +€349 | +3.7% |
| Profit (loss) for the period | 9904 | €37,901 | €37,918 | +€17 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,901 | €37,918 | +€17 | 0.0% |
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 16 October 2026 via checked.be.