NGRD 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.
NGRD Consulting
Largest movements
- Tangible fixed assets -€12,611
down €12,611 (-31.9%), from €39,495 to €26,884
of which Furniture and vehicles: -€10,715
- Cash +€9,361
up €9,361 (+9.9%), from €94,392 to €103,753
mainly Other debts (+€84,348) and Net result for the year (+€45,865)
- Receivables within one year +€7,391
up €7,391 (+43.4%), from €17,030 to €24,420
- Other debts +€84,348
up €84,348 (+185%), from €45,568 to €129,916
- Reserves -€76,365
down €76,365 (-100%), from €76,365 to €0
- Current portion of long-term debt -€7,492
down €7,492 (-74.9%), from €10,008 to €2,516
- Tax, wage and social debts +€6,891
up €6,891 (+63.5%), from €10,852 to €17,744
- Debts after one year -€2,516
down €2,516 (-100%), from €2,516 to €0
- Gross operating margin +€2,430
up €2,430 (+3.3%), from €72,576 to €75,006
- Other operating charges -€1,597
down €1,597 (-69.3%), from €2,305 to €708
- Taxes +€1,205
up €1,205 (+10.0%), from €12,012 to €13,217
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 | €152,947 | €157,490 | +€4,543 | +3.0% |
| Fixed assets | 21/28 | €39,568 | €26,957 | -€12,611 | -31.9% |
| Tangible fixed assets | 22/27 | €39,495 | €26,884 | -€12,611 | -31.9% |
| Furniture and vehicles | 24 | €25,932 | €15,218 | -€10,715 | -41.3% |
| Other tangible fixed assets | 26 | €13,562 | €11,666 | -€1,896 | -14.0% |
| Financial fixed assets | 28 | €73 | €73 | = | 0.0% |
| Current assets | 29/58 | €113,379 | €130,533 | +€17,154 | +15.1% |
| Stocks and contracts in progress | 3 | €109 | €0 | -€109 | -100% |
| Stocks | 30/36 | €109 | €0 | -€109 | -100% |
| Amounts receivable within one year | 40/41 | €17,030 | €24,420 | +€7,391 | +43.4% |
| Trade receivables | 40 | €17,030 | €24,420 | +€7,391 | +43.4% |
| Cash at bank and in hand | 54/58 | €94,392 | €103,753 | +€9,361 | +9.9% |
| Deferred charges and accrued income | 490/1 | €1,848 | €2,359 | +€511 | +27.6% |
| Total equity and liabilities | 10/49 | €152,947 | €157,490 | +€4,543 | +3.0% |
| Equity | 10/15 | €77,878 | €1,518 | -€76,360 | -98.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €76,365 | €0 | -€76,365 | -100% |
| Distributable reserves | 133 | €76,365 | €0 | -€76,365 | -100% |
| Profit (loss) carried forward | 14 | €13 | €18 | +€5 | +36.6% |
| Amounts payable | 17/49 | €75,069 | €155,972 | +€80,904 | +108% |
| Amounts payable after more than one year | 17 | €2,516 | €0 | -€2,516 | -100% |
| Financial debts | 170/4 | €2,516 | €0 | -€2,516 | -100% |
| Amounts payable within one year | 42/48 | €72,553 | €155,972 | +€83,420 | +115% |
| Current portion of amounts payable after more than one year | 42 | €10,008 | €2,516 | -€7,492 | -74.9% |
| Trade debts | 44 | €6,124 | €5,797 | -€327 | -5.3% |
| Suppliers | 440/4 | €6,124 | €5,797 | -€327 | -5.3% |
| Taxes, remuneration and social security | 45 | €10,852 | €17,744 | +€6,891 | +63.5% |
| Taxes | 450/3 | €10,852 | €17,744 | +€6,891 | +63.5% |
| Other amounts payable | 47/48 | €45,568 | €129,916 | +€84,348 | +185% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,731 | €12,912 | +€180 | +1.4% |
| Other operating charges | 640/8 | €2,305 | €708 | -€1,597 | -69.3% |
| Gross operating margin | 9900 | €72,576 | €75,006 | +€2,430 | +3.3% |
| Operating profit (loss) | 9901 | €57,539 | €61,386 | +€3,847 | +6.7% |
| Financial income | 75/76B | €0 | €3 | +€3 | |
| Recurring financial income | 75 | €0 | €3 | +€3 | |
| Financial charges | 65/66B | €3,010 | €2,308 | -€702 | -23.3% |
| Recurring financial charges | 65 | €3,010 | €2,308 | -€702 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €54,529 | €59,081 | +€4,552 | +8.3% |
| Income taxes | 67/77 | €12,012 | €13,217 | +€1,205 | +10.0% |
| Profit (loss) for the period | 9904 | €42,517 | €45,865 | +€3,348 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,517 | €45,865 | +€3,348 | +7.9% |
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 14 October 2026 via checked.be.