NEDEE 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.
NEDEE CONSULTING
Largest movements
- Tangible fixed assets +€38,182
up €38,182 (+44.4%), from €85,974 to €124,155
of which Land and buildings: +€31,597
- Other debts +€90,083
up €90,083 (+210%), from €42,826 to €132,909
- Reserves -€36,327
down €36,327 (-69.3%), from €52,435 to €16,108
- Trade debts -€18,781
down €18,781 (-87.4%), from €21,491 to €2,710
- Depreciation +€8,628
up €8,628 (+158%), from €5,474 to €14,102
- Gross operating margin +€6,746
up €6,746 (+8.0%), from €84,591 to €91,338
- Taxes +€5,726
up €5,726 (+54.2%), from €10,571 to €16,298
- Other operating charges -€3,708
down €3,708 (-76.7%), from €4,832 to €1,124
- Financial income -€3,140
down €3,140 (-100.0%), from €3,140 to €0
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 | €141,241 | €177,195 | +€35,954 | +25.5% |
| Fixed assets | 21/28 | €85,974 | €124,155 | +€38,182 | +44.4% |
| Tangible fixed assets | 22/27 | €85,974 | €124,155 | +€38,182 | +44.4% |
| Land and buildings | 22 | €14,877 | €46,474 | +€31,597 | +212% |
| Plant, machinery and equipment | 23 | €69,544 | €61,941 | -€7,603 | -10.9% |
| Furniture and vehicles | 24 | €1,553 | €15,740 | +€14,188 | +914% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €55,267 | €53,039 | -€2,228 | -4.0% |
| Amounts receivable within one year | 40/41 | €19,801 | €18,821 | -€980 | -4.9% |
| Trade receivables | 40 | €19,801 | €13,725 | -€6,075 | -30.7% |
| Other amounts receivable | 41 | - | €5,095 | +€5,095 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €32,863 | €31,727 | -€1,136 | -3.5% |
| Deferred charges and accrued income | 490/1 | €2,604 | €2,491 | -€113 | -4.3% |
| Total equity and liabilities | 10/49 | €141,241 | €177,195 | +€35,954 | +25.5% |
| Equity | 10/15 | €70,985 | €34,658 | -€36,327 | -51.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €52,435 | €16,108 | -€36,327 | -69.3% |
| Distributable reserves | 133 | €52,435 | €16,108 | -€36,327 | -69.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €70,256 | €142,537 | +€72,281 | +103% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €70,256 | €142,537 | +€72,281 | +103% |
| Trade debts | 44 | €21,491 | €2,710 | -€18,781 | -87.4% |
| Suppliers | 440/4 | €21,491 | €2,710 | -€18,781 | -87.4% |
| Taxes, remuneration and social security | 45 | €5,939 | €6,918 | +€979 | +16.5% |
| Taxes | 450/3 | €3,056 | €6,918 | +€3,862 | +126% |
| Remuneration and social security | 454/9 | €2,883 | €0 | -€2,883 | -100% |
| Other amounts payable | 47/48 | €42,826 | €132,909 | +€90,083 | +210% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,474 | €14,102 | +€8,628 | +158% |
| Other operating charges | 640/8 | €4,832 | €1,124 | -€3,708 | -76.7% |
| Non-recurring operating charges | 66A | €1,181 | €0 | -€1,181 | -100% |
| Gross operating margin | 9900 | €84,591 | €91,338 | +€6,746 | +8.0% |
| Operating profit (loss) | 9901 | €73,105 | €76,112 | +€3,007 | +4.1% |
| Financial income | 75/76B | €3,140 | €0 | -€3,140 | -100.0% |
| Recurring financial income | 75 | €3,140 | €0 | -€3,140 | -100.0% |
| Financial charges | 65/66B | €4,487 | €3,401 | -€1,086 | -24.2% |
| Recurring financial charges | 65 | €4,487 | €3,401 | -€1,086 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €71,758 | €72,711 | +€953 | +1.3% |
| Income taxes | 67/77 | €10,571 | €16,298 | +€5,726 | +54.2% |
| Profit (loss) for the period | 9904 | €61,186 | €56,413 | -€4,773 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €61,186 | €56,413 | -€4,773 | -7.8% |
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 25 October 2026 via checked.be.