NDR CONSULT: 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.
NDR CONSULT
Largest movements
- Receivables within one year +€14,316
up €14,316 (+25.8%), from €55,435 to €69,751
of which Trade receivables: +€14,334
- Tangible fixed assets -€5,561
down €5,561 (-22.0%), from €25,322 to €19,760
of which Furniture and vehicles: -€4,357
- Cash -€5,252
down €5,252 (-14.3%), from €36,715 to €31,464
mainly Contributions, distributions and other (-€77,288) and Receivables within one year (-€14,316)
- Other debts +€41,143
up €41,143 (+91.3%), from €45,086 to €86,228
- Reserves -€34,952
down €34,952 (-98.3%), from €35,572 to €620
of which Distributable reserves: -€34,952
- Accrued charges and deferred income -€3,033
down €3,033 (-100.0%), from €3,033 to €0
- Tax, wage and social debts +€2,145
up €2,145 (+8.5%), from €25,364 to €27,509
of which Taxes: +€3,745
- Gross operating margin -€11,128
down €11,128 (-14.8%), from €74,999 to €63,871
- Taxes -€3,086
down €3,086 (-21.1%), from €14,606 to €11,521
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 | €118,454 | €122,749 | +€4,295 | +3.6% |
| Fixed assets | 21/28 | €25,322 | €19,760 | -€5,561 | -22.0% |
| Tangible fixed assets | 22/27 | €25,322 | €19,760 | -€5,561 | -22.0% |
| Plant, machinery and equipment | 23 | €5,692 | €4,492 | -€1,200 | -21.1% |
| Furniture and vehicles | 24 | €10,605 | €6,249 | -€4,357 | -41.1% |
| Other tangible fixed assets | 26 | €9,024 | €9,020 | -€4 | 0.0% |
| Current assets | 29/58 | €93,133 | €102,988 | +€9,856 | +10.6% |
| Amounts receivable within one year | 40/41 | €55,435 | €69,751 | +€14,316 | +25.8% |
| Trade receivables | 40 | €55,417 | €69,751 | +€14,334 | +25.9% |
| Other amounts receivable | 41 | €18 | €0 | -€18 | -100.0% |
| Cash at bank and in hand | 54/58 | €36,715 | €31,464 | -€5,252 | -14.3% |
| Deferred charges and accrued income | 490/1 | €982 | €1,774 | +€792 | +80.6% |
| Total equity and liabilities | 10/49 | €118,454 | €122,749 | +€4,295 | +3.6% |
| Equity | 10/15 | €43,420 | €8,468 | -€34,952 | -80.5% |
| Contributions | 10/11 | €7,848 | €7,848 | = | 0.0% |
| Reserves | 13 | €35,572 | €620 | -€34,952 | -98.3% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €34,952 | €0 | -€34,952 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €75,034 | €114,281 | +€39,247 | +52.3% |
| Amounts payable within one year | 42/48 | €72,001 | €114,281 | +€42,280 | +58.7% |
| Trade debts | 44 | €1,552 | €544 | -€1,008 | -65.0% |
| Suppliers | 440/4 | €1,552 | €544 | -€1,008 | -65.0% |
| Taxes, remuneration and social security | 45 | €25,364 | €27,509 | +€2,145 | +8.5% |
| Taxes | 450/3 | €23,764 | €27,509 | +€3,745 | +15.8% |
| Remuneration and social security | 454/9 | €1,600 | €0 | -€1,600 | -100.0% |
| Other amounts payable | 47/48 | €45,086 | €86,228 | +€41,143 | +91.3% |
| Accrued charges and deferred income | 492/3 | €3,033 | €0 | -€3,033 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,244 | €7,143 | -€100 | -1.4% |
| Other operating charges | 640/8 | €570 | €493 | -€77 | -13.5% |
| Gross operating margin | 9900 | €74,999 | €63,871 | -€11,128 | -14.8% |
| Operating profit (loss) | 9901 | €67,186 | €56,235 | -€10,951 | -16.3% |
| Financial income | 75/76B | €53 | €2 | -€50 | -95.3% |
| Recurring financial income | 75 | €53 | €2 | -€50 | -95.3% |
| Financial charges | 65/66B | €2,058 | €2,381 | +€323 | +15.7% |
| Recurring financial charges | 65 | €2,058 | €2,381 | +€323 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €65,180 | €53,856 | -€11,324 | -17.4% |
| Income taxes | 67/77 | €14,606 | €11,521 | -€3,086 | -21.1% |
| Profit (loss) for the period | 9904 | €50,574 | €42,336 | -€8,238 | -16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,574 | €42,336 | -€8,238 | -16.3% |
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 11 October 2026 via checked.be.