ND 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.
ND Consulting
Largest movements
- Tangible fixed assets -€10,110
down €10,110 (-4.6%), from €217,609 to €207,498
of which Land and buildings: -€9,676
- Cash -€4,110
no longer reported in 2025 (was €4,110)
mainly Debts after one year (-€18,355) and Current portion of long-term debt (-€8,081)
- Other debts +€21,165
up €21,165 (+2,381%), from €889 to €22,054
- Debts after one year -€18,355
down €18,355 (-7.5%), from €245,772 to €227,417
- Current portion of long-term debt -€8,081
down €8,081 (-34.2%), from €23,651 to €15,571
- Trade debts -€6,418
down €6,418 (-57.6%), from €11,134 to €4,716
- Tax, wage and social debts -€3,655
down €3,655 (-51.4%), from €7,105 to €3,450
of which Taxes: -€2,305
- Gross operating margin +€7,752
up €7,752 (+42.4%), from €18,300 to €26,052
- Depreciation -€4,222
down €4,222 (-29.5%), from €14,332 to €10,110
- Financial charges +€2,847
up €2,847 (+44.0%), from €6,474 to €9,321
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 | €223,688 | €207,922 | -€15,767 | -7.0% |
| Fixed assets | 21/28 | €217,714 | €207,603 | -€10,110 | -4.6% |
| Tangible fixed assets | 22/27 | €217,609 | €207,498 | -€10,110 | -4.6% |
| Land and buildings | 22 | €217,071 | €207,395 | -€9,676 | -4.5% |
| Plant, machinery and equipment | 23 | €538 | €103 | -€434 | -80.8% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €5,975 | €318 | -€5,656 | -94.7% |
| Amounts receivable within one year | 40/41 | €127 | - | -€127 | |
| Trade receivables | 40 | €121 | - | -€121 | |
| Other amounts receivable | 41 | €6 | - | -€6 | |
| Cash at bank and in hand | 54/58 | €4,110 | - | -€4,110 | |
| Deferred charges and accrued income | 490/1 | €1,738 | €318 | -€1,420 | -81.7% |
| Total equity and liabilities | 10/49 | €223,688 | €207,922 | -€15,767 | -7.0% |
| Equity | 10/15 | -€68,063 | -€66,268 | +€1,795 | +2.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,063 | -€71,268 | +€1,795 | +2.5% |
| Amounts payable | 17/49 | €291,751 | €274,190 | -€17,561 | -6.0% |
| Amounts payable after more than one year | 17 | €245,772 | €227,417 | -€18,355 | -7.5% |
| Financial debts | 170/4 | €245,772 | €227,417 | -€18,355 | -7.5% |
| Amounts payable within one year | 42/48 | €45,979 | €46,773 | +€794 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €23,651 | €15,571 | -€8,081 | -34.2% |
| Financial debts | 43 | - | €983 | +€983 | |
| Credit institutions | 430/8 | - | €983 | +€983 | |
| Trade debts | 44 | €11,134 | €4,716 | -€6,418 | -57.6% |
| Suppliers | 440/4 | €11,134 | €4,716 | -€6,418 | -57.6% |
| Advances received on contracts in progress | 46 | €3,200 | - | -€3,200 | |
| Taxes, remuneration and social security | 45 | €7,105 | €3,450 | -€3,655 | -51.4% |
| Taxes | 450/3 | €5,755 | €3,450 | -€2,305 | -40.1% |
| Remuneration and social security | 454/9 | €1,350 | - | -€1,350 | |
| Other amounts payable | 47/48 | €889 | €22,054 | +€21,165 | +2,381% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,332 | €10,110 | -€4,222 | -29.5% |
| Other operating charges | 640/8 | €4,654 | €4,583 | -€71 | -1.5% |
| Gross operating margin | 9900 | €18,300 | €26,052 | +€7,752 | +42.4% |
| Operating profit (loss) | 9901 | -€686 | €11,359 | +€12,044 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €6,474 | €9,321 | +€2,847 | +44.0% |
| Recurring financial charges | 65 | €6,474 | €9,321 | +€2,847 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,159 | €2,038 | +€9,197 | |
| Income taxes | 67/77 | €346 | €244 | -€102 | -29.6% |
| Profit (loss) for the period | 9904 | -€7,505 | €1,795 | +€9,300 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,505 | €1,795 | +€9,300 |
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 13 October 2026 via checked.be.