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BxTech: 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.

What changed

BxTech

BE 0763.525.107
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€36,840
2024 · €35,094+€1,746
Equity
€25,943
2024 · €36,162-€10,219
Cash
€44,348
2024 · €85,588-€41,240
Balance sheet total
€83,567
2024 · €117,355-€33,788

Largest movements

2024 to 2025
Assets
  • Cash -€41,240

    down €41,240 (-48.2%), from €85,588 to €44,348

    mainly Contributions, distributions and other (-€47,059) and Other debts (-€20,350)

  • Tangible fixed assets +€5,127

    up €5,127 (+222.3%), from €2,307 to €7,434

  • Current investments +€3,500

    up €3,500 (+67.3%), from €5,200 to €8,700

  • Receivables within one year -€1,355

    down €1,355 (-6.0%), from €22,409 to €21,054

    of which Trade receivables: -€872

Equity and liabilities
  • Other debts -€20,350

    down €20,350 (-33.7%), from €60,350 to €40,000

  • Profit (loss) carried forward -€10,219

    down €10,219 (-29.9%), from €34,162 to €23,943

  • Tax, wage and social debts -€3,055

    down €3,055 (-16.1%), from €18,925 to €15,870

Income statement
  • Gross operating margin +€11,750

    up €11,750 (+26.3%), from €44,685 to €56,435

  • Taxes +€8,739

    up €8,739 (+131.8%), from €6,629 to €15,368

  • Depreciation +€1,876

    up €1,876 (+112.8%), from €1,663 to €3,539

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €35,094
Gross operating margin +€11,750
Depreciation -€1,876
Other operating charges -€30
Financial income +€456
Financial charges +€184
Taxes -€8,739
Result 2025 €36,840

Cash bridge derived

cash 2024 to 2025

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.

From operations +€17,985
Investment -€12,166
Financing -€47,059
Cash 2024 €85,588
Net result for the year +€36,840
Depreciation +€3,539
Receivables within one year +€1,355
Deferred charges and accrued income -€179
Trade debts -€164
Tax, wage and social debts -€3,055
Other debts -€20,350
Investment in fixed assets (net) -€8,666
Current investments -€3,500
Contributions, distributions and other -€47,059
Cash 2025 €44,348
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €117,355 €83,567 -€33,788 -28.8%
Fixed assets 21/28 €3,707 €8,834 +€5,127 +138.3%
Tangible fixed assets 22/27 €2,307 €7,434 +€5,127 +222.3%
Furniture and vehicles 24 €2,307 €7,434 +€5,127 +222.3%
Financial fixed assets 28 €1,400 €1,400 = 0.0%
Current assets 29/58 €113,648 €74,733 -€38,916 -34.2%
Amounts receivable within one year 40/41 €22,409 €21,054 -€1,355 -6.0%
Trade receivables 40 €14,789 €13,917 -€872 -5.9%
Other amounts receivable 41 €7,620 €7,137 -€483 -6.3%
Current investments 50/53 €5,200 €8,700 +€3,500 +67.3%
Cash at bank and in hand 54/58 €85,588 €44,348 -€41,240 -48.2%
Deferred charges and accrued income 490/1 €452 €631 +€179 +39.7%
Total equity and liabilities 10/49 €117,355 €83,567 -€33,788 -28.8%
Equity 10/15 €36,162 €25,943 -€10,219 -28.3%
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €34,162 €23,943 -€10,219 -29.9%
Amounts payable 17/49 €81,193 €57,624 -€23,569 -29.0%
Amounts payable within one year 42/48 €81,193 €57,624 -€23,569 -29.0%
Trade debts 44 €1,918 €1,753 -€164 -8.6%
Suppliers 440/4 €1,918 €1,753 -€164 -8.6%
Taxes, remuneration and social security 45 €18,925 €15,870 -€3,055 -16.1%
Taxes 450/3 €18,925 €15,870 -€3,055 -16.1%
Other amounts payable 47/48 €60,350 €40,000 -€20,350 -33.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,663 €3,539 +€1,876 +112.8%
Other operating charges 640/8 €962 €992 +€30 +3.1%
Gross operating margin 9900 €44,685 €56,435 +€11,750 +26.3%
Operating profit (loss) 9901 €42,060 €51,905 +€9,845 +23.4%
Financial income 75/76B €1 €457 +€456 +74785.2%
Recurring financial income 75 €1 €457 +€456 +74785.2%
Financial charges 65/66B €338 €154 -€184 -54.4%
Recurring financial charges 65 €338 €154 -€184 -54.4%
Profit (loss) for the period before taxes 9903 €41,723 €52,207 +€10,484 +25.1%
Income taxes 67/77 €6,629 €15,368 +€8,739 +131.8%
Profit (loss) for the period 9904 €35,094 €36,840 +€1,746 +5.0%
Profit (loss) for the period to be appropriated 9905 €35,094 €36,840 +€1,746 +5.0%

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 10 October 2026 via checked.be.