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
- Cash +€121,445
up €121,445 (+85.6%), from €141,897 to €263,342
mainly Net result for the year (+€98,966) and Tax, wage and social debts (+€19,277)
- Receivables within one year -€4,914
down €4,914 (-13.5%), from €36,511 to €31,597
of which Trade receivables: -€2,882
- Tangible fixed assets -€3,231
down €3,231 (-20.5%), from €15,766 to €12,535
of which Furniture and vehicles: -€2,365
- Profit (loss) carried forward +€98,966
up €98,966 (+72.4%), from €136,627 to €235,593
- Tax, wage and social debts +€19,277
up €19,277 (+39.4%), from €48,926 to €68,203
of which Taxes: +€16,777
- Trade debts -€6,188
down €6,188 (-84.0%), from €7,367 to €1,179
- Gross operating margin +€8,887
up €8,887 (+7.2%), from €123,111 to €131,998
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 | €195,419 | €307,474 | +€112,055 | +57.3% |
| Fixed assets | 21/28 | €15,766 | €12,535 | -€3,231 | -20.5% |
| Tangible fixed assets | 22/27 | €15,766 | €12,535 | -€3,231 | -20.5% |
| Furniture and vehicles | 24 | €7,699 | €5,334 | -€2,365 | -30.7% |
| Other tangible fixed assets | 26 | €8,067 | €7,201 | -€866 | -10.7% |
| Current assets | 29/58 | €179,653 | €294,939 | +€115,286 | +64.2% |
| Amounts receivable within one year | 40/41 | €36,511 | €31,597 | -€4,914 | -13.5% |
| Trade receivables | 40 | €20,173 | €17,291 | -€2,882 | -14.3% |
| Other amounts receivable | 41 | €16,338 | €14,306 | -€2,032 | -12.4% |
| Cash at bank and in hand | 54/58 | €141,897 | €263,342 | +€121,445 | +85.6% |
| Deferred charges and accrued income | 490/1 | €1,245 | - | -€1,245 | |
| Total equity and liabilities | 10/49 | €195,419 | €307,474 | +€112,055 | +57.3% |
| Equity | 10/15 | €139,127 | €238,093 | +€98,966 | +71.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,627 | €235,593 | +€98,966 | +72.4% |
| Amounts payable | 17/49 | €56,293 | €69,381 | +€13,089 | +23.3% |
| Amounts payable within one year | 42/48 | €56,293 | €69,381 | +€13,089 | +23.3% |
| Trade debts | 44 | €7,367 | €1,179 | -€6,188 | -84.0% |
| Suppliers | 440/4 | €7,367 | €1,179 | -€6,188 | -84.0% |
| Taxes, remuneration and social security | 45 | €48,926 | €68,203 | +€19,277 | +39.4% |
| Taxes | 450/3 | €48,926 | €65,703 | +€16,777 | +34.3% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,083 | €3,974 | +€891 | +28.9% |
| Other operating charges | 640/8 | €182 | €293 | +€111 | +61.0% |
| Gross operating margin | 9900 | €123,111 | €131,998 | +€8,887 | +7.2% |
| Operating profit (loss) | 9901 | €119,846 | €127,731 | +€7,885 | +6.6% |
| Financial charges | 65/66B | €1,989 | €1,616 | -€373 | -18.8% |
| Recurring financial charges | 65 | €1,989 | €1,616 | -€373 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €117,857 | €126,115 | +€8,258 | +7.0% |
| Income taxes | 67/77 | €27,532 | €27,149 | -€383 | -1.4% |
| Profit (loss) for the period | 9904 | €90,325 | €98,966 | +€8,642 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €90,325 | €98,966 | +€8,642 | +9.6% |
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 15 October 2026 via checked.be.