Bulté 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.
Bulté Consulting
Largest movements
- Tangible fixed assets -€7,568
down €7,568 (-14.2%), from €53,205 to €45,637
of which Furniture and vehicles: -€6,009
- Receivables within one year -€1,828
down €1,828 (-13.3%), from €13,749 to €11,920
of which Other amounts receivable: -€2,863
- Reserves +€15,316
up €15,316 (+44.6%), from €34,363 to €49,679
- Other debts -€10,384
down €10,384 (-91.9%), from €11,305 to €921
- Current portion of long-term debt -€9,521
down €9,521 (-74.8%), from €12,735 to €3,214
- Debts after one year -€3,214
down €3,214 (-100%), from €3,214 to €0
- Accrued charges and deferred income -€1,178
down €1,178 (-100%), from €1,178 to €0
- Gross operating margin -€5,853
down €5,853 (-14.5%), from €40,248 to €34,395
- Financial charges -€1,370
down €1,370 (-83.7%), from €1,635 to €266
- Taxes -€915
down €915 (-13.2%), from €6,924 to €6,009
- Other operating charges +€869
up €869 (+217%), from €400 to €1,270
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 | €79,256 | €70,474 | -€8,782 | -11.1% |
| Fixed assets | 21/28 | €53,205 | €45,637 | -€7,568 | -14.2% |
| Tangible fixed assets | 22/27 | €53,205 | €45,637 | -€7,568 | -14.2% |
| Land and buildings | 22 | €31,615 | €30,055 | -€1,560 | -4.9% |
| Furniture and vehicles | 24 | €21,591 | €15,582 | -€6,009 | -27.8% |
| Current assets | 29/58 | €26,050 | €24,837 | -€1,213 | -4.7% |
| Amounts receivable within one year | 40/41 | €13,749 | €11,920 | -€1,828 | -13.3% |
| Trade receivables | 40 | €10,672 | €11,707 | +€1,035 | +9.7% |
| Other amounts receivable | 41 | €3,076 | €214 | -€2,863 | -93.1% |
| Cash at bank and in hand | 54/58 | €11,690 | €11,951 | +€261 | +2.2% |
| Deferred charges and accrued income | 490/1 | €612 | €966 | +€354 | +57.9% |
| Total equity and liabilities | 10/49 | €79,256 | €70,474 | -€8,782 | -11.1% |
| Equity | 10/15 | €37,363 | €52,679 | +€15,316 | +41.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,363 | €49,679 | +€15,316 | +44.6% |
| Distributable reserves | 133 | €34,363 | €49,679 | +€15,316 | +44.6% |
| Amounts payable | 17/49 | €41,893 | €17,796 | -€24,098 | -57.5% |
| Amounts payable after more than one year | 17 | €3,214 | €0 | -€3,214 | -100% |
| Financial debts | 170/4 | €3,214 | €0 | -€3,214 | -100% |
| Amounts payable within one year | 42/48 | €37,502 | €17,796 | -€19,706 | -52.5% |
| Current portion of amounts payable after more than one year | 42 | €12,735 | €3,214 | -€9,521 | -74.8% |
| Financial debts | 43 | €501 | €751 | +€250 | +49.8% |
| Credit institutions | 430/8 | €501 | €751 | +€250 | +49.8% |
| Trade debts | 44 | €866 | €380 | -€486 | -56.1% |
| Suppliers | 440/4 | €866 | €380 | -€486 | -56.1% |
| Taxes, remuneration and social security | 45 | €12,094 | €12,530 | +€436 | +3.6% |
| Taxes | 450/3 | €12,094 | €12,530 | +€436 | +3.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €11,305 | €921 | -€10,384 | -91.9% |
| Accrued charges and deferred income | 492/3 | €1,178 | €0 | -€1,178 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,368 | €11,534 | +€166 | +1.5% |
| Other operating charges | 640/8 | €400 | €1,270 | +€869 | +217% |
| Gross operating margin | 9900 | €40,248 | €34,395 | -€5,853 | -14.5% |
| Operating profit (loss) | 9901 | €28,480 | €21,591 | -€6,889 | -24.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,635 | €266 | -€1,370 | -83.7% |
| Recurring financial charges | 65 | €1,635 | €266 | -€1,370 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | €26,844 | €21,325 | -€5,520 | -20.6% |
| Income taxes | 67/77 | €6,924 | €6,009 | -€915 | -13.2% |
| Profit (loss) for the period | 9904 | €19,920 | €15,316 | -€4,604 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,920 | €15,316 | -€4,604 | -23.1% |
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 28 October 2026 via checked.be.