NEDELEC Consult & Management: 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.
NEDELEC Consult & Management
Largest movements
- Cash +€14,531
up €14,531 (+115%), from €12,647 to €27,178
mainly Net result for the year (+€38,800) and Depreciation (+€16,284)
- Tangible fixed assets -€13,971
down €13,971 (-23.8%), from €58,670 to €44,699
of which Furniture and vehicles: -€12,336
- Receivables within one year +€4,384
up €4,384 (+15.2%), from €28,919 to €33,303
of which Trade receivables: +€2,432
- Profit (loss) carried forward +€38,800
up €38,800, from -€8,525 to €30,275
- Debts after one year -€15,855
down €15,855 (-55.8%), from €28,436 to €12,581
- Reserves -€8,746
down €8,746 (-41.2%), from €21,236 to €12,490
- Tax, wage and social debts -€8,262
down €8,262 (-22.9%), from €36,141 to €27,879
of which Remuneration and social security: -€7,305
- Trade debts -€1,187
down €1,187 (-22.4%), from €5,286 to €4,099
- Gross operating margin +€58,762
up €58,762 (+179%), from €32,737 to €91,499
- Taxes +€12,583
up €12,583 (+629%), from €2,002 to €14,585
- Financial charges -€1,097
down €1,097 (-27.9%), from €3,928 to €2,831
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 | €100,237 | €105,180 | +€4,943 | +4.9% |
| Fixed assets | 21/28 | €58,670 | €44,699 | -€13,971 | -23.8% |
| Tangible fixed assets | 22/27 | €58,670 | €44,699 | -€13,971 | -23.8% |
| Plant, machinery and equipment | 23 | €3,786 | €2,704 | -€1,083 | -28.6% |
| Furniture and vehicles | 24 | €53,779 | €41,443 | -€12,336 | -22.9% |
| Other tangible fixed assets | 26 | €1,105 | €553 | -€552 | -49.9% |
| Current assets | 29/58 | €41,567 | €60,481 | +€18,914 | +45.5% |
| Amounts receivable within one year | 40/41 | €28,919 | €33,303 | +€4,384 | +15.2% |
| Trade receivables | 40 | €26,149 | €28,581 | +€2,432 | +9.3% |
| Other amounts receivable | 41 | €2,770 | €4,722 | +€1,952 | +70.5% |
| Cash at bank and in hand | 54/58 | €12,647 | €27,178 | +€14,531 | +115% |
| Total equity and liabilities | 10/49 | €100,237 | €105,180 | +€4,943 | +4.9% |
| Equity | 10/15 | €14,712 | €44,766 | +€30,054 | +204% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €21,236 | €12,490 | -€8,746 | -41.2% |
| Distributable reserves | 133 | €21,236 | €12,490 | -€8,746 | -41.2% |
| Profit (loss) carried forward | 14 | -€8,525 | €30,275 | +€38,800 | |
| Amounts payable | 17/49 | €85,525 | €60,415 | -€25,110 | -29.4% |
| Amounts payable after more than one year | 17 | €28,436 | €12,581 | -€15,855 | -55.8% |
| Financial debts | 170/4 | €28,436 | €12,581 | -€15,855 | -55.8% |
| Amounts payable within one year | 42/48 | €57,089 | €47,834 | -€9,255 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €14,864 | €15,855 | +€991 | +6.7% |
| Trade debts | 44 | €5,286 | €4,099 | -€1,187 | -22.4% |
| Suppliers | 440/4 | €5,286 | €4,099 | -€1,187 | -22.4% |
| Taxes, remuneration and social security | 45 | €36,141 | €27,879 | -€8,262 | -22.9% |
| Taxes | 450/3 | €26,312 | €25,355 | -€957 | -3.6% |
| Remuneration and social security | 454/9 | €9,829 | €2,524 | -€7,305 | -74.3% |
| Other amounts payable | 47/48 | €798 | - | -€798 | |
| Remuneration, social security and pensions | 62 | €19,128 | €18,345 | -€784 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,623 | €16,284 | +€661 | +4.2% |
| Other operating charges | 640/8 | €580 | €654 | +€74 | +12.7% |
| Gross operating margin | 9900 | €32,737 | €91,499 | +€58,762 | +179% |
| Operating profit (loss) | 9901 | -€2,595 | €56,216 | +€58,811 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3,928 | €2,831 | -€1,097 | -27.9% |
| Recurring financial charges | 65 | €3,928 | €2,831 | -€1,097 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,523 | €53,386 | +€59,908 | |
| Income taxes | 67/77 | €2,002 | €14,585 | +€12,583 | +629% |
| Profit (loss) for the period | 9904 | -€8,525 | €38,800 | +€47,325 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,525 | €38,800 | +€47,325 |
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 30 October 2026 via checked.be.