Nachtegaele Consulting: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Nachtegaele Consulting
Largest movements
- Cash -€95,349
down €95,349 (-55.5%), from €171,841 to €76,492
mainly Contributions, distributions and other (-€272,617) and Tax, wage and social debts (-€16,112)
- Receivables within one year +€12,106
up €12,106 (+83.4%), from €14,520 to €26,626
- Tangible fixed assets -€10,155
down €10,155 (-27.9%), from €36,448 to €26,293
of which Furniture and vehicles: -€9,175
- Reserves -€184,365
no longer reported in 2025 (was €184,365)
- Other debts +€110,013
up €110,013 (+60,771%), from €181 to €110,194
- Tax, wage and social debts -€16,112
down €16,112 (-49.3%), from €32,687 to €16,575
- Current portion of long-term debt -€2,950
no longer reported in 2025 (was €2,950)
- Gross operating margin -€2,172
down €2,172 (-1.7%), from €126,161 to €123,988
- Taxes -€1,650
down €1,650 (-6.7%), from €24,632 to €22,983
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,830 | €129,412 | -€93,419 | -41.9% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €36,448 | €26,293 | -€10,155 | -27.9% |
| Tangible fixed assets | 22/27 | €36,448 | €26,293 | -€10,155 | -27.9% |
| Plant, machinery and equipment | 23 | €2,242 | €1,262 | -€980 | -43.7% |
| Furniture and vehicles | 24 | €34,207 | €25,032 | -€9,175 | -26.8% |
| Current assets | 29/58 | €186,382 | €103,118 | -€83,264 | -44.7% |
| Amounts receivable within one year | 40/41 | €14,520 | €26,626 | +€12,106 | +83.4% |
| Trade receivables | 40 | €14,520 | €26,626 | +€12,106 | +83.4% |
| Cash at bank and in hand | 54/58 | €171,841 | €76,492 | -€95,349 | -55.5% |
| Deferred charges and accrued income | 490/1 | €22 | - | -€22 | |
| Total equity and liabilities | 10/49 | €222,830 | €129,412 | -€93,419 | -41.9% |
| Equity | 10/15 | €186,865 | €2,500 | -€184,365 | -98.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €184,365 | - | -€184,365 | |
| Distributable reserves | 133 | €184,365 | - | -€184,365 | |
| Amounts payable | 17/49 | €35,966 | €126,912 | +€90,946 | +253% |
| Amounts payable within one year | 42/48 | €35,966 | €126,912 | +€90,946 | +253% |
| Current portion of amounts payable after more than one year | 42 | €2,950 | - | -€2,950 | |
| Trade debts | 44 | €148 | €143 | -€5 | -3.3% |
| Suppliers | 440/4 | €148 | €143 | -€5 | -3.3% |
| Taxes, remuneration and social security | 45 | €32,687 | €16,575 | -€16,112 | -49.3% |
| Taxes | 450/3 | €32,687 | €16,575 | -€16,112 | -49.3% |
| Other amounts payable | 47/48 | €181 | €110,194 | +€110,013 | +60,771% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,915 | €11,803 | +€888 | +8.1% |
| Other operating charges | 640/8 | €341 | €644 | +€303 | +89.1% |
| Gross operating margin | 9900 | €126,161 | €123,988 | -€2,172 | -1.7% |
| Operating profit (loss) | 9901 | €114,905 | €111,542 | -€3,364 | -2.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €545 | €308 | -€237 | -43.6% |
| Recurring financial charges | 65 | €545 | €308 | -€237 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €114,360 | €111,235 | -€3,125 | -2.7% |
| Income taxes | 67/77 | €24,632 | €22,983 | -€1,650 | -6.7% |
| Profit (loss) for the period | 9904 | €89,728 | €88,253 | -€1,475 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €89,728 | €88,253 | -€1,475 | -1.6% |
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 1 November 2026 via checked.be.