NCONSULTING: 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.
NCONSULTING
Largest movements
- Cash +€265,018
up €265,018 (+195%), from €135,633 to €400,651
mainly Net result for the year (+€192,639) and Current investments (+€150,000)
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Tangible fixed assets +€47,968
up €47,968 (+57.7%), from €83,149 to €131,117
of which Other tangible fixed assets: +€58,581
- Receivables within one year +€30,576
up €30,576 (+43.3%), from €70,560 to €101,136
of which Other amounts receivable: +€40,754
- Reserves +€190,973
up €190,973 (+81.1%), from €235,438 to €426,411
- Tax, wage and social debts +€44,323
up €44,323 (+47.1%), from €94,130 to €138,453
- Other debts -€18,334
down €18,334 (-91.7%), from €20,000 to €1,666
- Debts after one year -€16,938
down €16,938 (-32.2%), from €52,644 to €35,705
- Gross operating margin -€70,529
down €70,529 (-20.2%), from €349,785 to €279,256
- Taxes -€23,265
down €23,265 (-26.4%), from €88,116 to €64,852
- Depreciation +€15,247
up €15,247 (+305%), from €4,995 to €20,242
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 | €446,851 | €640,333 | +€193,481 | +43.3% |
| Fixed assets | 21/28 | €83,149 | €131,117 | +€47,968 | +57.7% |
| Tangible fixed assets | 22/27 | €83,149 | €131,117 | +€47,968 | +57.7% |
| Furniture and vehicles | 24 | €65,041 | €54,429 | -€10,613 | -16.3% |
| Other tangible fixed assets | 26 | €18,108 | €76,689 | +€58,581 | +324% |
| Current assets | 29/58 | €363,702 | €509,215 | +€145,513 | +40.0% |
| Amounts receivable within one year | 40/41 | €70,560 | €101,136 | +€30,576 | +43.3% |
| Trade receivables | 40 | €45,331 | €35,153 | -€10,178 | -22.5% |
| Other amounts receivable | 41 | €25,229 | €65,983 | +€40,754 | +162% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €135,633 | €400,651 | +€265,018 | +195% |
| Deferred charges and accrued income | 490/1 | €7,510 | €7,428 | -€81 | -1.1% |
| Total equity and liabilities | 10/49 | €446,851 | €640,333 | +€193,481 | +43.3% |
| Equity | 10/15 | €240,438 | €431,411 | +€190,973 | +79.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €235,438 | €426,411 | +€190,973 | +81.1% |
| Distributable reserves | 133 | €235,438 | €426,411 | +€190,973 | +81.1% |
| Amounts payable | 17/49 | €206,413 | €208,922 | +€2,508 | +1.2% |
| Amounts payable after more than one year | 17 | €52,644 | €35,705 | -€16,938 | -32.2% |
| Financial debts | 170/4 | €52,644 | €35,705 | -€16,938 | -32.2% |
| Amounts payable within one year | 42/48 | €151,212 | €173,216 | +€22,004 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €16,356 | €16,938 | +€582 | +3.6% |
| Trade debts | 44 | €20,726 | €16,159 | -€4,567 | -22.0% |
| Suppliers | 440/4 | €20,726 | €16,159 | -€4,567 | -22.0% |
| Taxes, remuneration and social security | 45 | €94,130 | €138,453 | +€44,323 | +47.1% |
| Taxes | 450/3 | €94,130 | €138,453 | +€44,323 | +47.1% |
| Other amounts payable | 47/48 | €20,000 | €1,666 | -€18,334 | -91.7% |
| Accrued charges and deferred income | 492/3 | €2,557 | - | -€2,557 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,995 | €20,242 | +€15,247 | +305% |
| Other operating charges | 640/8 | €897 | €1,543 | +€646 | +72.0% |
| Gross operating margin | 9900 | €349,785 | €279,256 | -€70,529 | -20.2% |
| Operating profit (loss) | 9901 | €343,893 | €257,470 | -€86,422 | -25.1% |
| Financial income | 75/76B | €1,210 | €2,611 | +€1,401 | +116% |
| Recurring financial income | 75 | €1,210 | €2,611 | +€1,401 | +116% |
| Financial charges | 65/66B | €1,549 | €2,591 | +€1,043 | +67.3% |
| Recurring financial charges | 65 | €1,549 | €2,591 | +€1,043 | +67.3% |
| Profit (loss) for the period before taxes | 9903 | €343,555 | €257,490 | -€86,064 | -25.1% |
| Income taxes | 67/77 | €88,116 | €64,852 | -€23,265 | -26.4% |
| Profit (loss) for the period | 9904 | €255,438 | €192,639 | -€62,799 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €255,438 | €192,639 | -€62,799 | -24.6% |
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 17 October 2026 via checked.be.