NC Consulting: 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.
NC Consulting
Largest movements
- Current investments +€45,600
up €45,600 (+142.5%), from €32,000 to €77,600
- Cash -€15,348
down €15,348 (-27.9%), from €55,023 to €39,675
mainly Current investments (-€45,600) and Receivables within one year (-€10,991)
- Receivables within one year +€10,991
up €10,991 (+2496.5%), from €440 to €11,432
of which Other amounts receivable: +€10,991
- Tangible fixed assets -€2,123
down €2,123 (-46.4%), from €4,571 to €2,448
- Profit (loss) carried forward +€39,459
up €39,459 (+65.2%), from €60,519 to €99,978
- Trade debts -€4,151
down €4,151 (-68.5%), from €6,057 to €1,905
- Tax, wage and social debts +€3,527
up €3,527 (+14.2%), from €24,892 to €28,419
- Financial income +€22,967
up €22,967 (+1159957.1%), from €2 to €22,969
- Gross operating margin -€17,101
down €17,101 (-35.6%), from €48,017 to €30,916
- Taxes +€1,331
up €1,331 (+12.6%), from €10,574 to €11,905
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 | €93,315 | €131,303 | +€37,988 | +40.7% |
| Fixed assets | 21/28 | €4,571 | €2,448 | -€2,123 | -46.4% |
| Tangible fixed assets | 22/27 | €4,571 | €2,448 | -€2,123 | -46.4% |
| Furniture and vehicles | 24 | €4,571 | €2,448 | -€2,123 | -46.4% |
| Current assets | 29/58 | €88,744 | €128,855 | +€40,111 | +45.2% |
| Amounts receivable within one year | 40/41 | €440 | €11,432 | +€10,991 | +2496.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €440 | €11,432 | +€10,991 | +2496.5% |
| Current investments | 50/53 | €32,000 | €77,600 | +€45,600 | +142.5% |
| Cash at bank and in hand | 54/58 | €55,023 | €39,675 | -€15,348 | -27.9% |
| Deferred charges and accrued income | 490/1 | €1,280 | €148 | -€1,132 | -88.5% |
| Total equity and liabilities | 10/49 | €93,315 | €131,303 | +€37,988 | +40.7% |
| Equity | 10/15 | €61,519 | €100,978 | +€39,459 | +64.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,519 | €99,978 | +€39,459 | +65.2% |
| Amounts payable | 17/49 | €31,796 | €30,324 | -€1,471 | -4.6% |
| Amounts payable within one year | 42/48 | €31,796 | €30,324 | -€1,471 | -4.6% |
| Trade debts | 44 | €6,057 | €1,905 | -€4,151 | -68.5% |
| Suppliers | 440/4 | €6,057 | €1,905 | -€4,151 | -68.5% |
| Advances received on contracts in progress | 46 | €847 | €0 | -€847 | -100.0% |
| Taxes, remuneration and social security | 45 | €24,892 | €28,419 | +€3,527 | +14.2% |
| Taxes | 450/3 | €24,892 | €28,419 | +€3,527 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,674 | €2,123 | +€450 | +26.9% |
| Other operating charges | 640/8 | €564 | €189 | -€375 | -66.5% |
| Gross operating margin | 9900 | €48,017 | €30,916 | -€17,101 | -35.6% |
| Operating profit (loss) | 9901 | €45,779 | €28,604 | -€17,175 | -37.5% |
| Financial income | 75/76B | €2 | €22,969 | +€22,967 | +1159957.1% |
| Recurring financial income | 75 | €2 | €22,969 | +€22,967 | +1159957.1% |
| Financial charges | 65/66B | €147 | €209 | +€63 | +42.8% |
| Recurring financial charges | 65 | €147 | €209 | +€63 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €45,635 | €51,364 | +€5,729 | +12.6% |
| Income taxes | 67/77 | €10,574 | €11,905 | +€1,331 | +12.6% |
| Profit (loss) for the period | 9904 | €35,061 | €39,459 | +€4,398 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,061 | €39,459 | +€4,398 | +12.5% |
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 9 October 2026 via checked.be.