NDX CONSULT: 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.
NDX CONSULT
Largest movements
- Cash +€139,955
up €139,955 (+572.9%), from €24,429 to €164,384
mainly Other debts (+€108,735) and Tax, wage and social debts (+€32,425)
- Other debts +€108,735
up €108,735 (+51.5%), from €211,212 to €319,946
- Tax, wage and social debts +€32,425
up €32,425 (+96.6%), from €33,552 to €65,977
of which Taxes: +€41,425
- Profit (loss) carried forward -€13,066
down €13,066 (-97.7%), from €13,376 to €310
- Trade debts +€11,000
up €11,000 (+213.2%), from €5,161 to €16,161
- Gross operating margin -€21,895
down €21,895 (-21.6%), from €101,211 to €79,315
- Financial charges -€11,809
down €11,809 (-14.3%), from €82,321 to €70,512
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 | €278,593 | €418,501 | +€139,908 | +50.2% |
| Fixed assets | 21/28 | €212,324 | €212,324 | = | 0.0% |
| Tangible fixed assets | 22/27 | €212,324 | €212,324 | = | 0.0% |
| Furniture and vehicles | 24 | €212,324 | €212,324 | = | 0.0% |
| Current assets | 29/58 | €66,268 | €206,177 | +€139,908 | +211.1% |
| Amounts receivable within one year | 40/41 | €41,007 | €38,607 | -€2,400 | -5.9% |
| Trade receivables | 40 | €31,007 | €38,548 | +€7,541 | +24.3% |
| Other amounts receivable | 41 | €10,000 | €59 | -€9,941 | -99.4% |
| Cash at bank and in hand | 54/58 | €24,429 | €164,384 | +€139,955 | +572.9% |
| Deferred charges and accrued income | 490/1 | €832 | €3,186 | +€2,353 | +282.7% |
| Total equity and liabilities | 10/49 | €278,593 | €418,501 | +€139,908 | +50.2% |
| Equity | 10/15 | €27,533 | €14,467 | -€13,066 | -47.5% |
| Reserves | 13 | €14,156 | €14,156 | = | 0.0% |
| Distributable reserves | 133 | €14,156 | €14,156 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,376 | €310 | -€13,066 | -97.7% |
| Amounts payable | 17/49 | €251,060 | €404,034 | +€152,974 | +60.9% |
| Amounts payable within one year | 42/48 | €249,925 | €402,085 | +€152,160 | +60.9% |
| Trade debts | 44 | €5,161 | €16,161 | +€11,000 | +213.2% |
| Suppliers | 440/4 | €5,161 | €16,161 | +€11,000 | +213.2% |
| Taxes, remuneration and social security | 45 | €33,552 | €65,977 | +€32,425 | +96.6% |
| Taxes | 450/3 | €24,552 | €65,977 | +€41,425 | +168.7% |
| Remuneration and social security | 454/9 | €9,000 | €0 | -€9,000 | -100.0% |
| Other amounts payable | 47/48 | €211,212 | €319,946 | +€108,735 | +51.5% |
| Accrued charges and deferred income | 492/3 | €1,135 | €1,949 | +€814 | +71.7% |
| Remuneration, social security and pensions | 62 | €300 | €0 | -€300 | -100.0% |
| Other operating charges | 640/8 | €469 | €928 | +€458 | +97.6% |
| Gross operating margin | 9900 | €101,211 | €79,315 | -€21,895 | -21.6% |
| Operating profit (loss) | 9901 | €100,442 | €78,388 | -€22,054 | -22.0% |
| Financial charges | 65/66B | €82,321 | €70,512 | -€11,809 | -14.3% |
| Recurring financial charges | 65 | €82,321 | €70,512 | -€11,809 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €18,120 | €7,876 | -€10,244 | -56.5% |
| Income taxes | 67/77 | €3,911 | €2,941 | -€970 | -24.8% |
| Profit (loss) for the period | 9904 | €14,209 | €4,934 | -€9,275 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,209 | €4,934 | -€9,275 | -65.3% |
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 8 October 2026 via checked.be.