NERO 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.
NERO CONSULTING
Largest movements
- Cash -€5,275
down €5,275 (-12.3%), from €42,946 to €37,671
mainly Contributions, distributions and other (-€28,000) and Tax, wage and social debts (-€10,600)
- Tangible fixed assets -€3,169
down €3,169 (-11.7%), from €27,036 to €23,867
of which Other tangible fixed assets: -€2,438
- Reserves +€16,464
up €16,464 (+10.4%), from €158,860 to €175,324
- Tax, wage and social debts -€10,600
down €10,600 (-28.2%), from €37,529 to €26,929
of which Taxes: -€10,477
- Trade debts -€6,517
down €6,517 (-50.5%), from €12,902 to €6,385
- Other debts -€6,309
down €6,309 (-37.1%), from €17,021 to €10,712
- Debts after one year -€5,002
no longer reported in 2024 (was €5,002)
- Taxes -€4,904
down €4,904 (-17.7%), from €27,652 to €22,748
- Other operating charges -€4,407
down €4,407 (-91.1%), from €4,835 to €428
- Gross operating margin +€2,358
up €2,358 (+2.6%), from €90,570 to €92,928
- Financial charges -€1,307
down €1,307 (-43.3%), from €3,018 to €1,712
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €266,053 | €254,103 | -€11,950 | -4.5% |
| Fixed assets | 21/28 | €27,093 | €23,924 | -€3,169 | -11.7% |
| Tangible fixed assets | 22/27 | €27,036 | €23,867 | -€3,169 | -11.7% |
| Plant, machinery and equipment | 23 | €1,019 | €2,410 | +€1,390 | +136% |
| Furniture and vehicles | 24 | €7,854 | €5,732 | -€2,122 | -27.0% |
| Other tangible fixed assets | 26 | €18,162 | €15,724 | -€2,438 | -13.4% |
| Financial fixed assets | 28 | €58 | €58 | = | 0.0% |
| Current assets | 29/58 | €238,960 | €230,179 | -€8,781 | -3.7% |
| Amounts receivable within one year | 40/41 | €58,619 | €56,369 | -€2,250 | -3.8% |
| Trade receivables | 40 | €58,600 | €56,233 | -€2,367 | -4.0% |
| Other amounts receivable | 41 | €19 | €136 | +€117 | +605% |
| Current investments | 50/53 | €137,395 | €134,830 | -€2,565 | -1.9% |
| Cash at bank and in hand | 54/58 | €42,946 | €37,671 | -€5,275 | -12.3% |
| Deferred charges and accrued income | 490/1 | - | €1,308 | +€1,308 | |
| Total equity and liabilities | 10/49 | €266,053 | €254,103 | -€11,950 | -4.5% |
| Equity | 10/15 | €165,096 | €181,561 | +€16,465 | +10.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €158,860 | €175,324 | +€16,464 | +10.4% |
| Distributable reserves | 133 | €158,860 | €175,324 | +€16,464 | +10.4% |
| Profit (loss) carried forward | 14 | €36 | €38 | +€2 | +5.0% |
| Amounts payable | 17/49 | €100,957 | €72,542 | -€28,416 | -28.1% |
| Amounts payable after more than one year | 17 | €5,002 | - | -€5,002 | |
| Financial debts | 170/4 | €5,002 | - | -€5,002 | |
| Amounts payable within one year | 42/48 | €89,391 | €67,028 | -€22,363 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €8,939 | €5,002 | -€3,937 | -44.0% |
| Financial debts | 43 | €13,000 | €18,000 | +€5,000 | +38.5% |
| Credit institutions | 430/8 | €13,000 | €18,000 | +€5,000 | +38.5% |
| Trade debts | 44 | €12,902 | €6,385 | -€6,517 | -50.5% |
| Suppliers | 440/4 | €12,902 | €6,385 | -€6,517 | -50.5% |
| Taxes, remuneration and social security | 45 | €37,529 | €26,929 | -€10,600 | -28.2% |
| Taxes | 450/3 | €35,293 | €24,816 | -€10,477 | -29.7% |
| Remuneration and social security | 454/9 | €2,236 | €2,113 | -€123 | -5.5% |
| Other amounts payable | 47/48 | €17,021 | €10,712 | -€6,309 | -37.1% |
| Accrued charges and deferred income | 492/3 | €6,564 | €5,514 | -€1,050 | -16.0% |
| Remuneration, social security and pensions | 62 | €18,405 | €19,190 | +€784 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,843 | €5,093 | -€750 | -12.8% |
| Other operating charges | 640/8 | €4,835 | €428 | -€4,407 | -91.1% |
| Non-recurring operating charges | 66A | €600 | - | -€600 | |
| Gross operating margin | 9900 | €90,570 | €92,928 | +€2,358 | +2.6% |
| Operating profit (loss) | 9901 | €60,887 | €68,217 | +€7,330 | +12.0% |
| Financial income | 75/76B | €869 | €708 | -€161 | -18.6% |
| Recurring financial income | 75 | €869 | €708 | -€161 | -18.6% |
| Financial charges | 65/66B | €3,018 | €1,712 | -€1,307 | -43.3% |
| Recurring financial charges | 65 | €3,018 | €1,712 | -€1,307 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | €58,738 | €67,213 | +€8,475 | +14.4% |
| Income taxes | 67/77 | €27,652 | €22,748 | -€4,904 | -17.7% |
| Profit (loss) for the period | 9904 | €31,086 | €44,465 | +€13,380 | +43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,086 | €44,465 | +€13,380 | +43.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.