CD CONSULTING: what changed
Two fiscal 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 CONSULTING
Largest movements
- Cash +€17,007
up €17,007 (+36.4%), from €46,780 to €63,787
mainly Net result for the year (+€77,386) and Trade debts (+€52,604)
- Trade debts +€52,604
up €52,604 (+89.1%), from €59,055 to €111,659
- Reserves -€48,000
down €48,000 (-16.8%), from €286,005 to €238,005
of which Distributable reserves: -€48,000
- Debts after one year +€38,515
up €38,515 (+335.4%), from €11,485 to €50,000
- Short-term financial debts -€25,000
no longer reported in 2025 (was €25,000)
- Current portion of long-term debt -€15,677
down €15,677 (-57.7%), from €27,162 to €11,485
- Financial charges -€60,577
down €60,577 (-93.7%), from €64,618 to €4,041
- Taxes +€30,170
up €30,170 (+83.1%), from €36,306 to €66,476
- Gross operating margin +€15,874
up €15,874 (+11.1%), from €142,956 to €158,830
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €778,139 | €791,105 | +€12,966 | +1.7% |
| Fixed assets | 21/28 | €477,877 | €470,068 | -€7,809 | -1.6% |
| Tangible fixed assets | 22/27 | €467,877 | €460,068 | -€7,809 | -1.7% |
| Land and buildings | 22 | €442,195 | €434,281 | -€7,914 | -1.8% |
| Plant, machinery and equipment | 23 | €5,534 | €3,562 | -€1,972 | -35.6% |
| Furniture and vehicles | 24 | €20,148 | €22,225 | +€2,077 | +10.3% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €300,262 | €321,037 | +€20,775 | +6.9% |
| Amounts receivable after more than one year | 29 | €101,000 | €101,000 | = | 0.0% |
| Other amounts receivable | 291 | €101,000 | €101,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €132,575 | €134,434 | +€1,859 | +1.4% |
| Trade receivables | 40 | €129,719 | €124,574 | -€5,145 | -4.0% |
| Other amounts receivable | 41 | €2,856 | €9,860 | +€7,004 | +245.2% |
| Cash at bank and in hand | 54/58 | €46,780 | €63,787 | +€17,007 | +36.4% |
| Deferred charges and accrued income | 490/1 | €19,907 | €21,816 | +€1,909 | +9.6% |
| Total equity and liabilities | 10/49 | €778,139 | €791,105 | +€12,966 | +1.7% |
| Equity | 10/15 | €417,015 | €370,001 | -€47,014 | -11.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €286,005 | €238,005 | -€48,000 | -16.8% |
| Tax-exempt reserves | 132 | €102,150 | €102,150 | = | 0.0% |
| Distributable reserves | 133 | €183,855 | €135,855 | -€48,000 | -26.1% |
| Profit (loss) carried forward | 14 | €124,810 | €125,796 | +€986 | +0.8% |
| Amounts payable | 17/49 | €361,124 | €421,104 | +€59,980 | +16.6% |
| Amounts payable after more than one year | 17 | €11,485 | €50,000 | +€38,515 | +335.4% |
| Financial debts | 170/4 | €11,485 | €50,000 | +€38,515 | +335.4% |
| Amounts payable within one year | 42/48 | €302,773 | €323,183 | +€20,410 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €27,162 | €11,485 | -€15,677 | -57.7% |
| Financial debts | 43 | €25,000 | - | -€25,000 | |
| Credit institutions | 430/8 | €25,000 | - | -€25,000 | |
| Trade debts | 44 | €59,055 | €111,659 | +€52,604 | +89.1% |
| Suppliers | 440/4 | €59,055 | €111,659 | +€52,604 | +89.1% |
| Taxes, remuneration and social security | 45 | €328 | €806 | +€478 | +145.7% |
| Taxes | 450/3 | €328 | €806 | +€478 | +145.7% |
| Other amounts payable | 47/48 | €191,228 | €199,233 | +€8,005 | +4.2% |
| Accrued charges and deferred income | 492/3 | €46,866 | €47,921 | +€1,055 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,974 | €10,865 | -€1,109 | -9.3% |
| Other operating charges | 640/8 | €2,565 | €3,119 | +€554 | +21.6% |
| Gross operating margin | 9900 | €142,956 | €158,830 | +€15,874 | +11.1% |
| Operating profit (loss) | 9901 | €128,417 | €144,846 | +€16,429 | +12.8% |
| Financial income | 75/76B | €3,039 | €3,057 | +€18 | +0.6% |
| Recurring financial income | 75 | €3,039 | €3,057 | +€18 | +0.6% |
| Financial charges | 65/66B | €64,618 | €4,041 | -€60,577 | -93.7% |
| Recurring financial charges | 65 | €64,618 | €4,041 | -€60,577 | -93.7% |
| Profit (loss) for the period before taxes | 9903 | €66,838 | €143,862 | +€77,024 | +115.2% |
| Income taxes | 67/77 | €36,306 | €66,476 | +€30,170 | +83.1% |
| Profit (loss) for the period | 9904 | €30,532 | €77,386 | +€46,854 | +153.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,532 | €77,386 | +€46,854 | +153.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.