BUSINESS APPLICATIONS CONSULTING: what changed
BUSINESS APPLICATIONS CONSULTING
Largest movements
- Tangible fixed assets -€7,500
down €7,500 (-25.1%), from €29,894 to €22,394
of which Land and buildings: -€3,889
- Intangible fixed assets -€4,596
down €4,596 (-16.7%), from €27,576 to €22,980
- Current investments -€4,094
down €4,094 (-98.9%), from €4,139 to €46
- Receivables within one year +€1,432
up €1,432 (+348%), from €411 to €1,842
of which Trade receivables: +€962
- Cash -€639
down €639 (-78.0%), from €820 to €180
mainly Net result for the year (-€16,965) and Receivables within one year (-€1,432)
- Reserves -€16,117
down €16,117 (-43.4%), from €37,165 to €21,049
of which Distributable reserves: -€16,117
- Other debts +€1,955
up €1,955 (+10.7%), from €18,337 to €20,292
- Profit (loss) carried forward -€848
new in 2026: -€848
- Gross operating margin +€6,737
up €6,737 (+61.0%), from -€11,040 to -€4,303
- Depreciation +€2,351
up €2,351 (+24.1%), from €9,745 to €12,096
- Financial income -€191
down €191 (-90.4%), from €212 to €20
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,964 | €48,025 | -€14,939 | -23.7% |
| Fixed assets | 21/28 | €57,594 | €45,498 | -€12,096 | -21.0% |
| Intangible fixed assets | 21 | €27,576 | €22,980 | -€4,596 | -16.7% |
| Tangible fixed assets | 22/27 | €29,894 | €22,394 | -€7,500 | -25.1% |
| Land and buildings | 22 | €13,522 | €9,633 | -€3,889 | -28.8% |
| Furniture and vehicles | 24 | €16,373 | €12,761 | -€3,611 | -22.1% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €5,370 | €2,527 | -€2,843 | -52.9% |
| Amounts receivable within one year | 40/41 | €411 | €1,842 | +€1,432 | +348% |
| Trade receivables | 40 | €411 | €1,373 | +€962 | +234% |
| Other amounts receivable | 41 | €0 | €469 | +€469 | |
| Current investments | 50/53 | €4,139 | €46 | -€4,094 | -98.9% |
| Cash at bank and in hand | 54/58 | €820 | €180 | -€639 | -78.0% |
| Deferred charges and accrued income | 490/1 | - | €459 | +€459 | |
| Total equity and liabilities | 10/49 | €62,964 | €48,025 | -€14,939 | -23.7% |
| Equity | 10/15 | €43,363 | €26,398 | -€16,965 | -39.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €37,165 | €21,049 | -€16,117 | -43.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €35,306 | €19,190 | -€16,117 | -45.6% |
| Profit (loss) carried forward | 14 | - | -€848 | -€848 | |
| Amounts payable | 17/49 | €19,601 | €21,627 | +€2,026 | +10.3% |
| Amounts payable within one year | 42/48 | €19,601 | €21,619 | +€2,017 | +10.3% |
| Trade debts | 44 | €821 | €1,057 | +€236 | +28.8% |
| Suppliers | 440/4 | €821 | €1,057 | +€236 | +28.8% |
| Advances received on contracts in progress | 46 | - | €216 | +€216 | |
| Taxes, remuneration and social security | 45 | €444 | €54 | -€390 | -87.9% |
| Taxes | 450/3 | €444 | €54 | -€390 | -87.9% |
| Other amounts payable | 47/48 | €18,337 | €20,292 | +€1,955 | +10.7% |
| Accrued charges and deferred income | 492/3 | - | €9 | +€9 | |
| Non-recurring operating income | 76A | €2,500 | €0 | -€2,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,745 | €12,096 | +€2,351 | +24.1% |
| Other operating charges | 640/8 | €403 | €368 | -€35 | -8.8% |
| Gross operating margin | 9900 | -€11,040 | -€4,303 | +€6,737 | +61.0% |
| Operating profit (loss) | 9901 | -€21,188 | -€16,767 | +€4,421 | +20.9% |
| Financial income | 75/76B | €212 | €20 | -€191 | -90.4% |
| Recurring financial income | 75 | €212 | €20 | -€191 | -90.4% |
| Financial charges | 65/66B | €142 | €158 | +€16 | +11.1% |
| Recurring financial charges | 65 | €142 | €158 | +€16 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€21,118 | -€16,905 | +€4,213 | +20.0% |
| Income taxes | 67/77 | €147 | €60 | -€87 | -59.2% |
| Profit (loss) for the period | 9904 | -€21,265 | -€16,965 | +€4,300 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,265 | -€16,965 | +€4,300 | +20.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.