2D CONSEIL: 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
2D CONSEIL
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€15.0m
2024 · €96,290+€14.9m
Equity
€18.8m
2024 · €4.2m+€14.6m
Cash
€1.1m
2024 · €11,266+€1.1m
Balance sheet total
€20.2m
2024 · €5.4m+€14.7m
Largest movements
Assets
- Financial fixed assets +€13.6m
up €13.6m (+373.1%), from €3.6m to €17.3m
- Cash +€1.1m
up €1.1m (+10095.9%), from €11,266 to €1.1m
mainly Net result for the year (+€15.0m) and Tax, wage and social debts (+€145,349)
Equity and liabilities
- Reserves +€14.6m
up €14.6m (+26874.3%), from €54,476 to €14.7m
of which Distributable reserves: +€14.6m
Income statement
- Financial income +€15.0m
up €15.0m (+1675757.9%), from €892 to €15.0m
of which Non-recurring financial income: +€15.0m
- Services and other goods +€33,138
up €33,138 (+20.5%), from €161,940 to €195,078
- Turnover +€17,433
up €17,433 (+4.5%), from €391,663 to €409,095
- Other operating income -€11,099
down €11,099 (-11.8%), from €94,193 to €83,094
- Financial charges -€9,874
down €9,874 (-18.0%), from €54,952 to €45,078
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.
Result 2024
€96,290
Turnover
+€17,433
Other operating income
-€11,099
Services and other goods
-€33,138
Depreciation
+€5,906
Other operating charges
+€1,275
Financial income
+€15.0m
Financial charges
+€9,874
Taxes
-€839
Result 2025
€15.0m
Cash bridge derived
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
+€15.3m
Investment
-€13.7m
Financing
-€499,813
Cash 2024
€11,266
From operations (derived)
+€15.3m
Net result for the year
+€15.0m
Depreciation
+€116,584
Smaller working-capital items
-€15,018
Tax, wage and social debts
+€145,349
Investment (derived)
-€13.7m
Investment in fixed assets (net)
-€13.7m
Financing
-€499,813
Debts after one year
-€106,441
Current portion of long-term debt
+€3,266
Short-term financial debts
+€3,362
Contributions, distributions and other
-€400,000
Cash 2025
€1.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,447,668 | €20,150,655 | +€14.7m | +269.9% |
| Fixed assets | 21/28 | €5,288,259 | €18,821,847 | +€13.5m | +255.9% |
| Tangible fixed assets | 22/27 | €1,638,748 | €1,555,651 | -€83,097 | -5.1% |
| Land and buildings | 22 | €1,590,555 | €1,520,592 | -€69,963 | -4.4% |
| Plant, machinery and equipment | 23 | €31,720 | €34,420 | +€2,700 | +8.5% |
| Furniture and vehicles | 24 | €16,473 | €639 | -€15,834 | -96.1% |
| Financial fixed assets | 28 | €3,649,511 | €17,266,196 | +€13.6m | +373.1% |
| Affiliated companies | 280/1 | €3,649,511 | €17,266,196 | +€13.6m | +373.1% |
| Participating interests | 280 | €3,649,511 | €17,266,196 | +€13.6m | +373.1% |
| Current assets | 29/58 | €159,410 | €1,328,808 | +€1.2m | +733.6% |
| Amounts receivable within one year | 40/41 | €147,899 | €177,349 | +€29,450 | +19.9% |
| Trade receivables | 40 | €85,967 | €97,056 | +€11,089 | +12.9% |
| Other amounts receivable | 41 | €61,933 | €80,293 | +€18,360 | +29.6% |
| Cash at bank and in hand | 54/58 | €11,266 | €1,148,695 | +€1.1m | +10095.9% |
| Deferred charges and accrued income | 490/1 | €244 | €2,764 | +€2,520 | +1033.1% |
| Total equity and liabilities | 10/49 | €5,447,668 | €20,150,655 | +€14.7m | +269.9% |
| Equity | 10/15 | €4,200,323 | €18,840,822 | +€14.6m | +348.6% |
| Contributions | 10/11 | €4,144,870 | €4,144,870 | = | 0.0% |
| Reserves | 13 | €54,476 | €14,694,476 | +€14.6m | +26874.3% |
| Non-distributable reserves | 130/1 | €1,476 | €1,476 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,476 | €1,476 | = | 0.0% |
| Distributable reserves | 133 | €53,000 | €14,693,000 | +€14.6m | +27622.6% |
| Profit (loss) carried forward | 14 | €977 | €1,477 | +€500 | +51.1% |
| Amounts payable | 17/49 | €1,247,345 | €1,309,833 | +€62,488 | +5.0% |
| Amounts payable after more than one year | 17 | €784,813 | €678,373 | -€106,441 | -13.6% |
| Financial debts | 170/4 | €784,813 | €678,373 | -€106,441 | -13.6% |
| Credit institutions | 173 | €784,813 | €678,373 | -€106,441 | -13.6% |
| Amounts payable within one year | 42/48 | €462,532 | €631,078 | +€168,546 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €103,175 | €106,441 | +€3,266 | +3.2% |
| Financial debts | 43 | - | €3,362 | +€3,362 | |
| Credit institutions | 430/8 | - | €3,362 | +€3,362 | |
| Trade debts | 44 | €18,160 | €10,213 | -€7,947 | -43.8% |
| Suppliers | 440/4 | €18,160 | €10,213 | -€7,947 | -43.8% |
| Taxes, remuneration and social security | 45 | €81,895 | €227,244 | +€145,349 | +177.5% |
| Taxes | 450/3 | €81,529 | €225,547 | +€144,018 | +176.6% |
| Remuneration and social security | 454/9 | €366 | €1,697 | +€1,331 | +363.8% |
| Other amounts payable | 47/48 | €259,303 | €283,820 | +€24,517 | +9.5% |
| Accrued charges and deferred income | 492/3 | €0 | €382 | +€382 | |
| Operating income | 70/76A | €485,856 | €492,189 | +€6,333 | +1.3% |
| Turnover | 70 | €391,663 | €409,095 | +€17,433 | +4.5% |
| Other operating income | 74 | €94,193 | €83,094 | -€11,099 | -11.8% |
| Operating charges | 60/66A | €296,481 | €322,438 | +€25,957 | +8.8% |
| Services and other goods | 61 | €161,940 | €195,078 | +€33,138 | +20.5% |
| Remuneration, social security and pensions | 62 | €180 | €180 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,490 | €116,584 | -€5,906 | -4.8% |
| Other operating charges | 640/8 | €11,871 | €10,596 | -€1,275 | -10.7% |
| Operating profit (loss) | 9901 | €189,375 | €169,752 | -€19,624 | -10.4% |
| Financial income | 75/76B | €892 | €14,955,691 | +€15.0m | +1675757.9% |
| Recurring financial income | 75 | €892 | €1,110 | +€217 | +24.4% |
| Income from current assets | 751 | €892 | €1,110 | +€217 | +24.4% |
| Other financial income | 752/9 | €0 | - | = | |
| Non-recurring financial income | 76B | - | €14,954,581 | +€15.0m | |
| Financial charges | 65/66B | €54,952 | €45,078 | -€9,874 | -18.0% |
| Recurring financial charges | 65 | €54,952 | €45,078 | -€9,874 | -18.0% |
| Debt charges | 650 | €33,779 | €30,746 | -€3,032 | -9.0% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €20,564 | €13,567 | -€6,997 | -34.0% |
| Other financial charges | 652/9 | €609 | €764 | +€156 | +25.6% |
| Profit (loss) for the period before taxes | 9903 | €135,316 | €15,080,364 | +€14.9m | +11044.5% |
| Income taxes | 67/77 | €39,026 | €39,865 | +€839 | +2.2% |
| Taxes | 670/3 | €39,074 | €39,865 | +€791 | +2.0% |
| Tax adjustments and reversals of tax provisions | 77 | €48 | - | -€48 | |
| Profit (loss) for the period | 9904 | €96,290 | €15,040,500 | +€14.9m | +15519.9% |
| Profit (loss) for the period to be appropriated | 9905 | €96,290 | €15,040,500 | +€14.9m | +15519.9% |
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.