JAN BULTINCK: what changed
What changed
JAN BULTINCK
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€30,674
2024 · €35,885-€5,211
Equity
€246,850
2024 · €216,176+€30,674
Cash
€1
2024 · €1-€0
Balance sheet total
€294,653
2024 · €264,703+€29,950
Largest movements
Assets
- Receivables within one year +€36,170
up €36,170 (+15.3%), from €235,745 to €271,915
of which Other amounts receivable: +€24,178
- Tangible fixed assets -€5,453
down €5,453 (-20.5%), from €26,611 to €21,158
of which Other tangible fixed assets: -€4,877
Equity and liabilities
- Reserves +€30,674
up €30,674 (+14.2%), from €216,176 to €246,850
Income statement
- Gross operating margin -€6,201
down €6,201 (-9.5%), from €65,436 to €59,235
- Taxes -€1,112
down €1,112 (-6.2%), from €17,897 to €16,785
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€35,885
Gross operating margin
-€6,201
Depreciation
+€238
Other operating charges
-€316
Financial income
-€52
Financial charges
+€7
Taxes
+€1,112
Result 2025
€30,674
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4,616
Investment
-€2,446
Financing
-€2,170
Cash 2024
€1
From operations (derived)
+€4,616
Net result for the year
+€30,674
Depreciation
+€7,899
Receivables within one year
-€36,170
Deferred charges and accrued income
+€767
Trade debts
-€918
Tax, wage and social debts
+€2,226
Accrued charges and deferred income
+€138
Investment (derived)
-€2,446
Investment in fixed assets (net)
-€2,446
Financing
-€2,170
Short-term financial debts
-€2,170
Cash 2025
€1
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,703 | €294,653 | +€29,950 | +11.3% |
| Fixed assets | 21/28 | €26,611 | €21,158 | -€5,453 | -20.5% |
| Tangible fixed assets | 22/27 | €26,611 | €21,158 | -€5,453 | -20.5% |
| Plant, machinery and equipment | 23 | €1,152 | €305 | -€846 | -73.5% |
| Furniture and vehicles | 24 | €238 | €508 | +€270 | +114% |
| Other tangible fixed assets | 26 | €25,222 | €20,345 | -€4,877 | -19.3% |
| Current assets | 29/58 | €238,092 | €273,495 | +€35,403 | +14.9% |
| Amounts receivable within one year | 40/41 | €235,745 | €271,915 | +€36,170 | +15.3% |
| Trade receivables | 40 | €22,456 | €34,448 | +€11,992 | +53.4% |
| Other amounts receivable | 41 | €213,289 | €237,467 | +€24,178 | +11.3% |
| Cash at bank and in hand | 54/58 | €1 | €1 | -€0 | -22.1% |
| Deferred charges and accrued income | 490/1 | €2,346 | €1,579 | -€767 | -32.7% |
| Total equity and liabilities | 10/49 | €264,703 | €294,653 | +€29,950 | +11.3% |
| Equity | 10/15 | €216,176 | €246,850 | +€30,674 | +14.2% |
| Reserves | 13 | €216,176 | €246,850 | +€30,674 | +14.2% |
| Distributable reserves | 133 | €216,176 | €246,850 | +€30,674 | +14.2% |
| Amounts payable | 17/49 | €48,527 | €47,803 | -€724 | -1.5% |
| Amounts payable within one year | 42/48 | €48,527 | €47,665 | -€862 | -1.8% |
| Financial debts | 43 | €4,275 | €2,104 | -€2,170 | -50.8% |
| Credit institutions | 430/8 | €4,275 | €2,104 | -€2,170 | -50.8% |
| Trade debts | 44 | €6,306 | €5,388 | -€918 | -14.6% |
| Suppliers | 440/4 | €6,306 | €5,388 | -€918 | -14.6% |
| Taxes, remuneration and social security | 45 | €37,947 | €40,172 | +€2,226 | +5.9% |
| Taxes | 450/3 | €35,272 | €37,497 | +€2,226 | +6.3% |
| Remuneration and social security | 454/9 | €2,675 | €2,675 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €138 | +€138 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,137 | €7,899 | -€238 | -2.9% |
| Other operating charges | 640/8 | €1,010 | €1,326 | +€316 | +31.3% |
| Gross operating margin | 9900 | €65,436 | €59,235 | -€6,201 | -9.5% |
| Operating profit (loss) | 9901 | €56,289 | €50,010 | -€6,279 | -11.2% |
| Financial income | 75/76B | €52 | €1 | -€52 | -98.4% |
| Recurring financial income | 75 | €52 | €1 | -€52 | -98.4% |
| Financial charges | 65/66B | €2,560 | €2,552 | -€7 | -0.3% |
| Recurring financial charges | 65 | €2,560 | €2,552 | -€7 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €53,782 | €47,459 | -€6,323 | -11.8% |
| Income taxes | 67/77 | €17,897 | €16,785 | -€1,112 | -6.2% |
| Profit (loss) for the period | 9904 | €35,885 | €30,674 | -€5,211 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,885 | €30,674 | -€5,211 | -14.5% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.