NDF 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.
NDF CONSULTING
Largest movements
- Cash +€33,509
up €33,509 (+25.6%), from €130,715 to €164,224
mainly Net result for the year (+€28,647) and Depreciation (+€18,690)
- Tangible fixed assets -€15,548
down €15,548 (-33.4%), from €46,537 to €30,989
of which Furniture and vehicles: -€15,996
- Receivables within one year -€3,827
down €3,827 (-8.6%), from €44,293 to €40,466
of which Other amounts receivable: -€6,185
- Reserves +€28,647
up €28,647 (+100%), from €28,549 to €57,196
of which Distributable reserves: +€28,647
- Debts after one year -€13,697
down €13,697 (-46.0%), from €29,763 to €16,066
- Gross operating margin +€2,750
up €2,750 (+4.3%), from €64,330 to €67,080
- Taxes +€731
up €731 (+5.7%), from €12,773 to €13,504
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,545 | €235,679 | +€14,134 | +6.4% |
| Fixed assets | 21/28 | €46,537 | €30,989 | -€15,548 | -33.4% |
| Tangible fixed assets | 22/27 | €46,537 | €30,989 | -€15,548 | -33.4% |
| Plant, machinery and equipment | 23 | €2,566 | €3,014 | +€448 | +17.5% |
| Furniture and vehicles | 24 | €43,971 | €27,975 | -€15,996 | -36.4% |
| Current assets | 29/58 | €175,008 | €204,690 | +€29,682 | +17.0% |
| Amounts receivable within one year | 40/41 | €44,293 | €40,466 | -€3,827 | -8.6% |
| Trade receivables | 40 | €24,773 | €27,131 | +€2,358 | +9.5% |
| Other amounts receivable | 41 | €19,520 | €13,335 | -€6,185 | -31.7% |
| Cash at bank and in hand | 54/58 | €130,715 | €164,224 | +€33,509 | +25.6% |
| Total equity and liabilities | 10/49 | €221,545 | €235,679 | +€14,134 | +6.4% |
| Equity | 10/15 | €160,548 | €189,195 | +€28,647 | +17.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,549 | €57,196 | +€28,647 | +100% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,689 | €55,336 | +€28,647 | +107% |
| Profit (loss) carried forward | 14 | €125,799 | €125,799 | = | 0.0% |
| Amounts payable | 17/49 | €60,997 | €46,484 | -€14,513 | -23.8% |
| Amounts payable after more than one year | 17 | €29,763 | €16,066 | -€13,697 | -46.0% |
| Financial debts | 170/4 | €29,763 | €16,066 | -€13,697 | -46.0% |
| Amounts payable within one year | 42/48 | €31,234 | €30,418 | -€816 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €16,024 | €13,697 | -€2,327 | -14.5% |
| Trade debts | 44 | €3,154 | €4,136 | +€982 | +31.1% |
| Suppliers | 440/4 | €3,154 | €4,136 | +€982 | +31.1% |
| Taxes, remuneration and social security | 45 | €12,056 | €12,585 | +€529 | +4.4% |
| Taxes | 450/3 | €12,056 | €12,585 | +€529 | +4.4% |
| Remuneration, social security and pensions | 62 | €4,563 | €4,838 | +€275 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,826 | €18,690 | -€136 | -0.7% |
| Other operating charges | 640/8 | €926 | €976 | +€50 | +5.4% |
| Gross operating margin | 9900 | €64,330 | €67,080 | +€2,750 | +4.3% |
| Operating profit (loss) | 9901 | €40,015 | €42,576 | +€2,561 | +6.4% |
| Financial charges | 65/66B | €553 | €425 | -€128 | -23.1% |
| Recurring financial charges | 65 | €553 | €425 | -€128 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €39,462 | €42,151 | +€2,689 | +6.8% |
| Income taxes | 67/77 | €12,773 | €13,504 | +€731 | +5.7% |
| Profit (loss) for the period | 9904 | €26,689 | €28,647 | +€1,958 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,689 | €28,647 | +€1,958 | +7.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.