NDM 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.
NDM Consulting
Largest movements
- Cash +€1.3m
up €1.3m (+859%), from €156,016 to €1.5m
mainly Net result for the year (+€1.9m) and Other debts (+€987,616)
- Receivables after one year +€200,000
new in 2025: €200,000
- Receivables within one year +€158,886
up €158,886 (+171%), from €92,868 to €251,754
of which Other amounts receivable: +€142,362
- Other debts +€987,616
up €987,616 (+440%), from €224,406 to €1.2m
- Reserves +€686,858
up €686,858 (+2,410%), from €28,500 to €715,358
- Financial income +€1.7m
up €1.7m (+773%), from €219,402 to €1.9m
of which Non-recurring financial income: +€1.9m
- Gross operating margin +€11,534
up €11,534 (+53.5%), from €21,550 to €33,085
- Taxes +€7,483
up €7,483 (+154%), from €4,865 to €12,349
- Depreciation -€1,029
down €1,029 (-8.9%), from €11,608 to €10,579
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 | €281,912 | €1,958,690 | +€1.7m | +595% |
| Fixed assets | 21/28 | €30,635 | €7,587 | -€23,048 | -75.2% |
| Tangible fixed assets | 22/27 | €18,635 | €7,587 | -€11,048 | -59.3% |
| Plant, machinery and equipment | 23 | €2,213 | €1,937 | -€276 | -12.5% |
| Furniture and vehicles | 24 | €3,780 | €1,358 | -€2,422 | -64.1% |
| Other tangible fixed assets | 26 | €12,642 | €4,292 | -€8,350 | -66.0% |
| Financial fixed assets | 28 | €12,000 | €0 | -€12,000 | -100% |
| Current assets | 29/58 | €251,277 | €1,951,104 | +€1.7m | +676% |
| Amounts receivable after more than one year | 29 | - | €200,000 | +€200,000 | |
| Other amounts receivable | 291 | - | €200,000 | +€200,000 | |
| Amounts receivable within one year | 40/41 | €92,868 | €251,754 | +€158,886 | +171% |
| Trade receivables | 40 | €16,730 | €33,254 | +€16,524 | +98.8% |
| Other amounts receivable | 41 | €76,138 | €218,500 | +€142,362 | +187% |
| Cash at bank and in hand | 54/58 | €156,016 | €1,496,592 | +€1.3m | +859% |
| Deferred charges and accrued income | 490/1 | €2,393 | €2,758 | +€365 | +15.3% |
| Total equity and liabilities | 10/49 | €281,912 | €1,958,690 | +€1.7m | +595% |
| Equity | 10/15 | €47,100 | €733,958 | +€686,858 | +1,458% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,500 | €715,358 | +€686,858 | +2,410% |
| Distributable reserves | 133 | €28,500 | €715,358 | +€686,858 | +2,410% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €234,812 | €1,224,733 | +€989,921 | +422% |
| Amounts payable after more than one year | 17 | €2,464 | €0 | -€2,464 | -100% |
| Financial debts | 170/4 | €2,464 | €0 | -€2,464 | -100% |
| Amounts payable within one year | 42/48 | €232,348 | €1,224,733 | +€992,385 | +427% |
| Current portion of amounts payable after more than one year | 42 | €4,885 | €2,464 | -€2,421 | -49.6% |
| Trade debts | 44 | €2,111 | €10,247 | +€8,136 | +385% |
| Suppliers | 440/4 | €2,111 | €10,247 | +€8,136 | +385% |
| Taxes, remuneration and social security | 45 | €946 | €0 | -€946 | -100% |
| Taxes | 450/3 | €946 | €0 | -€946 | -100% |
| Other amounts payable | 47/48 | €224,406 | €1,212,022 | +€987,616 | +440% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,608 | €10,579 | -€1,029 | -8.9% |
| Other operating charges | 640/8 | €1,049 | €885 | -€164 | -15.6% |
| Non-recurring operating charges | 66A | - | €469 | +€469 | |
| Gross operating margin | 9900 | €21,550 | €33,085 | +€11,534 | +53.5% |
| Operating profit (loss) | 9901 | €8,894 | €21,151 | +€12,258 | +138% |
| Financial income | 75/76B | €219,402 | €1,915,289 | +€1.7m | +773% |
| Recurring financial income | 75 | €219,402 | €27,289 | -€192,113 | -87.6% |
| Non-recurring financial income | 76B | - | €1,888,000 | +€1.9m | |
| Financial charges | 65/66B | €2,011 | €1,940 | -€71 | -3.5% |
| Recurring financial charges | 65 | €2,011 | €1,940 | -€71 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €226,285 | €1,934,500 | +€1.7m | +755% |
| Income taxes | 67/77 | €4,865 | €12,349 | +€7,483 | +154% |
| Profit (loss) for the period | 9904 | €221,420 | €1,922,152 | +€1.7m | +768% |
| Profit (loss) for the period to be appropriated | 9905 | €221,420 | €1,922,152 | +€1.7m | +768% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.