NF 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.
NF Consult
Largest movements
- Intangible fixed assets +€48,284
new in 2025: €48,284
- Deferred charges and accrued income +€5,231
up €5,231 (+220.4%), from €2,374 to €7,605
- Cash -€2,030
down €2,030 (-31.7%), from €6,398 to €4,368
mainly Investment in fixed assets (net) (-€53,176) and Deferred charges and accrued income (-€5,231)
- Tangible fixed assets +€1,754
up €1,754 (+151.0%), from €1,162 to €2,915
- Receivables within one year +€939
up €939 (+11.3%), from €8,283 to €9,222
of which Trade receivables: +€745
- Other debts +€51,398
up €51,398 (+1556.5%), from €3,302 to €54,700
- Trade debts +€6,930
up €6,930 (+216.5%), from €3,201 to €10,131
- Tax, wage and social debts -€4,310
down €4,310 (-49.7%), from €8,674 to €4,364
of which Remuneration and social security: -€2,300
- Gross operating margin +€6,956
up €6,956 (+258.9%), from €2,687 to €9,643
- Other operating charges +€3,477
up €3,477 (+376.6%), from €923 to €4,401
- Depreciation +€2,761
up €2,761 (+732.7%), from €377 to €3,138
- Financial charges +€629
up €629 (+360.7%), from €174 to €803
- Taxes +€325
up €325 (+39.9%), from €815 to €1,141
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 | €18,216 | €72,394 | +€54,178 | +297.4% |
| Fixed assets | 21/28 | €1,162 | €51,199 | +€50,037 | +4307.4% |
| Intangible fixed assets | 21 | - | €48,284 | +€48,284 | |
| Tangible fixed assets | 22/27 | €1,162 | €2,915 | +€1,754 | +151.0% |
| Furniture and vehicles | 24 | €1,162 | €2,915 | +€1,754 | +151.0% |
| Current assets | 29/58 | €17,055 | €21,195 | +€4,141 | +24.3% |
| Amounts receivable within one year | 40/41 | €8,283 | €9,222 | +€939 | +11.3% |
| Trade receivables | 40 | €8,098 | €8,843 | +€745 | +9.2% |
| Other amounts receivable | 41 | €185 | €379 | +€194 | +105.1% |
| Cash at bank and in hand | 54/58 | €6,398 | €4,368 | -€2,030 | -31.7% |
| Deferred charges and accrued income | 490/1 | €2,374 | €7,605 | +€5,231 | +220.4% |
| Total equity and liabilities | 10/49 | €18,216 | €72,394 | +€54,178 | +297.4% |
| Equity | 10/15 | €3,040 | €3,199 | +€160 | +5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,160 | -€3,001 | +€160 | +5.1% |
| Amounts payable | 17/49 | €15,177 | €69,195 | +€54,018 | +355.9% |
| Amounts payable within one year | 42/48 | €15,177 | €69,195 | +€54,018 | +355.9% |
| Trade debts | 44 | €3,201 | €10,131 | +€6,930 | +216.5% |
| Suppliers | 440/4 | €3,201 | €10,131 | +€6,930 | +216.5% |
| Taxes, remuneration and social security | 45 | €8,674 | €4,364 | -€4,310 | -49.7% |
| Taxes | 450/3 | €6,374 | €4,364 | -€2,010 | -31.5% |
| Remuneration and social security | 454/9 | €2,300 | €0 | -€2,300 | -100.0% |
| Other amounts payable | 47/48 | €3,302 | €54,700 | +€51,398 | +1556.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €377 | €3,138 | +€2,761 | +732.7% |
| Other operating charges | 640/8 | €923 | €4,401 | +€3,477 | +376.6% |
| Gross operating margin | 9900 | €2,687 | €9,643 | +€6,956 | +258.9% |
| Operating profit (loss) | 9901 | €1,386 | €2,104 | +€717 | +51.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €174 | €803 | +€629 | +360.7% |
| Recurring financial charges | 65 | €174 | €803 | +€629 | +360.7% |
| Profit (loss) for the period before taxes | 9903 | €1,212 | €1,300 | +€89 | +7.3% |
| Income taxes | 67/77 | €815 | €1,141 | +€325 | +39.9% |
| Profit (loss) for the period | 9904 | €397 | €160 | -€237 | -59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €397 | €160 | -€237 | -59.7% |
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 12 October 2026 via checked.be.