CD CONSULTANCE: 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.
CD CONSULTANCE
Largest movements
- Cash -€16,921
no longer reported in 2025 (was €16,921)
mainly Contributions, distributions and other (-€77,000) and Receivables within one year (-€9,723)
- Receivables within one year +€9,723
up €9,723 (+6.8%), from €142,296 to €152,019
of which Trade receivables: +€5,331
- Tangible fixed assets -€3,514
down €3,514 (-36.8%), from €9,560 to €6,046
of which Furniture and vehicles: -€3,334
- Reserves -€67,000
down €67,000 (-63.3%), from €105,860 to €38,860
of which Distributable reserves: -€67,000
- Tax, wage and social debts +€56,565
up €56,565 (+145%), from €38,897 to €95,462
of which Remuneration and social security: +€53,000
- Short-term financial debts +€5,649
new in 2025: €5,649
- Trade debts -€4,411
down €4,411 (-69.6%), from €6,337 to €1,926
- Debts after one year -€2,088
down €2,088 (-49.4%), from €4,229 to €2,141
- Gross operating margin -€17,065
down €17,065 (-40.2%), from €42,408 to €25,343
- Taxes -€4,480
down €4,480 (-38.2%), from €11,720 to €7,240
- Financial charges -€512
down €512 (-34.0%), from €1,507 to €995
- Other operating charges -€468
down €468 (-21.0%), from €2,225 to €1,757
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 | €170,770 | €159,625 | -€11,145 | -6.5% |
| Fixed assets | 21/28 | €11,553 | €7,462 | -€4,091 | -35.4% |
| Intangible fixed assets | 21 | €1,968 | €1,391 | -€577 | -29.3% |
| Tangible fixed assets | 22/27 | €9,560 | €6,046 | -€3,514 | -36.8% |
| Plant, machinery and equipment | 23 | €360 | €180 | -€180 | -50.0% |
| Furniture and vehicles | 24 | €9,200 | €5,866 | -€3,334 | -36.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €159,217 | €152,163 | -€7,054 | -4.4% |
| Amounts receivable within one year | 40/41 | €142,296 | €152,019 | +€9,723 | +6.8% |
| Trade receivables | 40 | €3,620 | €8,951 | +€5,331 | +147% |
| Other amounts receivable | 41 | €138,676 | €143,068 | +€4,392 | +3.2% |
| Cash at bank and in hand | 54/58 | €16,921 | - | -€16,921 | |
| Deferred charges and accrued income | 490/1 | - | €144 | +€144 | |
| Total equity and liabilities | 10/49 | €170,770 | €159,625 | -€11,145 | -6.5% |
| Equity | 10/15 | €117,692 | €50,759 | -€66,933 | -56.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €105,860 | €38,860 | -€67,000 | -63.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €104,000 | €37,000 | -€67,000 | -64.4% |
| Profit (loss) carried forward | 14 | €5,632 | €5,699 | +€67 | +1.2% |
| Amounts payable | 17/49 | €53,078 | €108,866 | +€55,788 | +105% |
| Amounts payable after more than one year | 17 | €4,229 | €2,141 | -€2,088 | -49.4% |
| Financial debts | 170/4 | €4,229 | €2,141 | -€2,088 | -49.4% |
| Amounts payable within one year | 42/48 | €48,849 | €106,725 | +€57,876 | +118% |
| Current portion of amounts payable after more than one year | 42 | €3,615 | €3,688 | +€73 | +2.0% |
| Financial debts | 43 | - | €5,649 | +€5,649 | |
| Other loans | 439 | - | €5,649 | +€5,649 | |
| Trade debts | 44 | €6,337 | €1,926 | -€4,411 | -69.6% |
| Suppliers | 440/4 | €6,337 | €1,926 | -€4,411 | -69.6% |
| Taxes, remuneration and social security | 45 | €38,897 | €95,462 | +€56,565 | +145% |
| Taxes | 450/3 | €14,897 | €18,462 | +€3,565 | +23.9% |
| Remuneration and social security | 454/9 | €24,000 | €77,000 | +€53,000 | +221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,012 | €5,284 | +€272 | +5.4% |
| Other operating charges | 640/8 | €2,225 | €1,757 | -€468 | -21.0% |
| Gross operating margin | 9900 | €42,408 | €25,343 | -€17,065 | -40.2% |
| Operating profit (loss) | 9901 | €35,171 | €18,302 | -€16,869 | -48.0% |
| Financial charges | 65/66B | €1,507 | €995 | -€512 | -34.0% |
| Recurring financial charges | 65 | €1,507 | €995 | -€512 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €33,664 | €17,307 | -€16,357 | -48.6% |
| Income taxes | 67/77 | €11,720 | €7,240 | -€4,480 | -38.2% |
| Profit (loss) for the period | 9904 | €21,944 | €10,067 | -€11,877 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,944 | €10,067 | -€11,877 | -54.1% |
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.