NDB Consultancy: 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.
NDB Consultancy
Largest movements
- Cash -€58,095
down €58,095 (-47.8%), from €121,540 to €63,445
mainly Contributions, distributions and other (-€71,800) and Other debts (-€19,409)
- Receivables within one year +€6,091
up €6,091 (+50.7%), from €12,015 to €18,106
- Tangible fixed assets -€5,060
down €5,060 (-25.6%), from €19,747 to €14,687
of which Furniture and vehicles: -€3,972
- Deferred charges and accrued income -€2,177
down €2,177 (-100.0%), from €2,177 to €0
- Profit (loss) carried forward -€35,017
down €35,017, from €5,824 to -€29,193
- Other debts -€19,409
down €19,409 (-17.3%), from €111,964 to €92,555
- Trade debts -€3,138
down €3,138 (-53.1%), from €5,913 to €2,775
- Tax, wage and social debts -€1,677
down €1,677 (-5.6%), from €29,778 to €28,101
of which Remuneration and social security: -€2,572
- Taxes +€2,313
up €2,313 (+20.3%), from €11,389 to €13,702
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 | €155,479 | €96,238 | -€59,241 | -38.1% |
| Fixed assets | 21/28 | €19,747 | €14,687 | -€5,060 | -25.6% |
| Tangible fixed assets | 22/27 | €19,747 | €14,687 | -€5,060 | -25.6% |
| Plant, machinery and equipment | 23 | €6,947 | €5,859 | -€1,088 | -15.7% |
| Furniture and vehicles | 24 | €12,800 | €8,828 | -€3,972 | -31.0% |
| Current assets | 29/58 | €135,732 | €81,551 | -€54,181 | -39.9% |
| Amounts receivable within one year | 40/41 | €12,015 | €18,106 | +€6,091 | +50.7% |
| Trade receivables | 40 | €12,015 | €18,106 | +€6,091 | +50.7% |
| Cash at bank and in hand | 54/58 | €121,540 | €63,445 | -€58,095 | -47.8% |
| Deferred charges and accrued income | 490/1 | €2,177 | €0 | -€2,177 | -100.0% |
| Total equity and liabilities | 10/49 | €155,479 | €96,238 | -€59,241 | -38.1% |
| Equity | 10/15 | €7,824 | -€27,193 | -€35,017 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,824 | -€29,193 | -€35,017 | |
| Amounts payable | 17/49 | €147,655 | €123,431 | -€24,224 | -16.4% |
| Amounts payable within one year | 42/48 | €147,655 | €123,431 | -€24,224 | -16.4% |
| Trade debts | 44 | €5,913 | €2,775 | -€3,138 | -53.1% |
| Suppliers | 440/4 | €5,913 | €2,775 | -€3,138 | -53.1% |
| Taxes, remuneration and social security | 45 | €29,778 | €28,101 | -€1,677 | -5.6% |
| Taxes | 450/3 | €27,206 | €28,101 | +€896 | +3.3% |
| Remuneration and social security | 454/9 | €2,572 | €0 | -€2,572 | -100.0% |
| Other amounts payable | 47/48 | €111,964 | €92,555 | -€19,409 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,929 | €7,268 | +€339 | +4.9% |
| Other operating charges | 640/8 | €546 | €548 | +€2 | +0.3% |
| Gross operating margin | 9900 | €58,607 | €58,557 | -€51 | -0.1% |
| Operating profit (loss) | 9901 | €51,132 | €50,741 | -€392 | -0.8% |
| Financial charges | 65/66B | €58 | €256 | +€197 | +337.1% |
| Recurring financial charges | 65 | €58 | €256 | +€197 | +337.1% |
| Profit (loss) for the period before taxes | 9903 | €51,074 | €50,485 | -€589 | -1.2% |
| Income taxes | 67/77 | €11,389 | €13,702 | +€2,313 | +20.3% |
| Profit (loss) for the period | 9904 | €39,684 | €36,783 | -€2,901 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,684 | €36,783 | -€2,901 | -7.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.