NDB 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.
NDB Consulting
Largest movements
- Receivables within one year -€11,746
down €11,746 (-80.4%), from €14,603 to €2,857
of which Trade receivables: -€12,584
- Tangible fixed assets -€11,267
down €11,267 (-11.8%), from €95,332 to €84,064
of which Other tangible fixed assets: -€6,628
- Stocks and contracts -€4,052
down €4,052 (-100%), from €4,052 to €0
- Debts after one year -€10,388
down €10,388 (-23.4%), from €44,411 to €34,023
- Advances received -€9,438
down €9,438 (-100%), from €9,438 to €0
- Reserves -€5,128
down €5,128 (-68.2%), from €7,524 to €2,396
- Tax, wage and social debts -€1,967
down €1,967 (-18.0%), from €10,936 to €8,969
of which Remuneration and social security: -€2,432
- Trade debts -€1,720
down €1,720 (-34.0%), from €5,054 to €3,334
- Gross operating margin -€11,149
down €11,149 (-52.9%), from €21,068 to €9,919
- Write-downs +€4,052
new in 2025: €4,052
- Depreciation -€3,112
down €3,112 (-31.1%), from €10,020 to €6,908
- Taxes -€1,838
down €1,838 (-92.8%), from €1,981 to €143
- Financial charges -€681
down €681 (-18.0%), from €3,795 to €3,113
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 | €124,193 | €97,045 | -€27,148 | -21.9% |
| Fixed assets | 21/28 | €95,612 | €84,064 | -€11,547 | -12.1% |
| Intangible fixed assets | 21 | €280 | €0 | -€280 | -100% |
| Tangible fixed assets | 22/27 | €95,332 | €84,064 | -€11,267 | -11.8% |
| Plant, machinery and equipment | 23 | €507 | €0 | -€507 | -100% |
| Furniture and vehicles | 24 | €4,132 | €0 | -€4,132 | -100% |
| Other tangible fixed assets | 26 | €90,693 | €84,064 | -€6,628 | -7.3% |
| Current assets | 29/58 | €28,581 | €12,981 | -€15,600 | -54.6% |
| Stocks and contracts in progress | 3 | €4,052 | €0 | -€4,052 | -100% |
| Stocks | 30/36 | €4,052 | €0 | -€4,052 | -100% |
| Amounts receivable within one year | 40/41 | €14,603 | €2,857 | -€11,746 | -80.4% |
| Trade receivables | 40 | €12,584 | €0 | -€12,584 | -100% |
| Other amounts receivable | 41 | €2,019 | €2,857 | +€838 | +41.5% |
| Cash at bank and in hand | 54/58 | €7,786 | €8,628 | +€842 | +10.8% |
| Deferred charges and accrued income | 490/1 | €2,141 | €1,496 | -€645 | -30.1% |
| Total equity and liabilities | 10/49 | €124,193 | €97,045 | -€27,148 | -21.9% |
| Equity | 10/15 | €13,724 | €8,596 | -€5,128 | -37.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,524 | €2,396 | -€5,128 | -68.2% |
| Distributable reserves | 133 | €7,524 | €2,396 | -€5,128 | -68.2% |
| Amounts payable | 17/49 | €110,469 | €88,449 | -€22,020 | -19.9% |
| Amounts payable after more than one year | 17 | €44,411 | €34,023 | -€10,388 | -23.4% |
| Financial debts | 170/4 | €44,411 | €34,023 | -€10,388 | -23.4% |
| Amounts payable within one year | 42/48 | €66,057 | €54,426 | -€11,632 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €10,087 | €10,388 | +€301 | +3.0% |
| Trade debts | 44 | €5,054 | €3,334 | -€1,720 | -34.0% |
| Suppliers | 440/4 | €5,054 | €3,334 | -€1,720 | -34.0% |
| Advances received on contracts in progress | 46 | €9,438 | €0 | -€9,438 | -100% |
| Taxes, remuneration and social security | 45 | €10,936 | €8,969 | -€1,967 | -18.0% |
| Taxes | 450/3 | €8,505 | €8,969 | +€464 | +5.5% |
| Remuneration and social security | 454/9 | €2,432 | €0 | -€2,432 | -100% |
| Other amounts payable | 47/48 | €30,542 | €31,734 | +€1,193 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,020 | €6,908 | -€3,112 | -31.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,052 | +€4,052 | |
| Other operating charges | 640/8 | €1,207 | €829 | -€378 | -31.3% |
| Gross operating margin | 9900 | €21,068 | €9,919 | -€11,149 | -52.9% |
| Operating profit (loss) | 9901 | €9,840 | -€1,871 | -€11,711 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €3,795 | €3,113 | -€681 | -18.0% |
| Recurring financial charges | 65 | €3,795 | €3,113 | -€681 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €6,046 | -€4,985 | -€11,031 | |
| Income taxes | 67/77 | €1,981 | €143 | -€1,838 | -92.8% |
| Profit (loss) for the period | 9904 | €4,065 | -€5,128 | -€9,193 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,065 | -€5,128 | -€9,193 |
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 16 October 2026 via checked.be.