NVD 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.
NVD Consulting
Largest movements
- Receivables within one year +€7,365
up €7,365 (+50.0%), from €14,719 to €22,084
of which Trade receivables: +€6,991
- Tangible fixed assets -€5,288
down €5,288 (-50.5%), from €10,469 to €5,182
- Cash +€2,001
up €2,001 (+11.4%), from €17,565 to €19,566
mainly Net result for the year (+€38,099) and Other debts (+€15,486)
- Reserves -€15,901
down €15,901 (-64.6%), from €24,614 to €8,713
- Other debts +€15,486
up €15,486 (+155%), from €10,014 to €25,500
- Tax, wage and social debts +€4,808
up €4,808 (+115%), from €4,189 to €8,998
- Trade debts -€745
down €745 (-22.1%), from €3,365 to €2,620
- Gross operating margin +€19,578
up €19,578 (+48.0%), from €40,761 to €60,340
- Taxes +€3,647
up €3,647 (+48.8%), from €7,474 to €11,121
- Other operating charges +€977
up €977 (+188%), from €519 to €1,495
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 | €43,183 | €46,831 | +€3,648 | +8.4% |
| Fixed assets | 21/28 | €10,469 | €5,182 | -€5,288 | -50.5% |
| Tangible fixed assets | 22/27 | €10,469 | €5,182 | -€5,288 | -50.5% |
| Land and buildings | 22 | €4,117 | €1,665 | -€2,451 | -59.5% |
| Plant, machinery and equipment | 23 | €2,915 | €2,010 | -€906 | -31.1% |
| Furniture and vehicles | 24 | €3,437 | €1,506 | -€1,931 | -56.2% |
| Current assets | 29/58 | €32,714 | €41,650 | +€8,936 | +27.3% |
| Amounts receivable within one year | 40/41 | €14,719 | €22,084 | +€7,365 | +50.0% |
| Trade receivables | 40 | €14,193 | €21,184 | +€6,991 | +49.3% |
| Other amounts receivable | 41 | €526 | €900 | +€374 | +71.2% |
| Cash at bank and in hand | 54/58 | €17,565 | €19,566 | +€2,001 | +11.4% |
| Deferred charges and accrued income | 490/1 | €430 | - | -€430 | |
| Total equity and liabilities | 10/49 | €43,183 | €46,831 | +€3,648 | +8.4% |
| Equity | 10/15 | €25,614 | €9,713 | -€15,901 | -62.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €24,614 | €8,713 | -€15,901 | -64.6% |
| Distributable reserves | 133 | €24,614 | €8,713 | -€15,901 | -64.6% |
| Amounts payable | 17/49 | €17,569 | €37,118 | +€19,549 | +111% |
| Amounts payable within one year | 42/48 | €17,569 | €37,118 | +€19,549 | +111% |
| Trade debts | 44 | €3,365 | €2,620 | -€745 | -22.1% |
| Suppliers | 440/4 | €3,365 | €2,620 | -€745 | -22.1% |
| Taxes, remuneration and social security | 45 | €4,189 | €8,998 | +€4,808 | +115% |
| Taxes | 450/3 | €4,189 | €8,998 | +€4,808 | +115% |
| Other amounts payable | 47/48 | €10,014 | €25,500 | +€15,486 | +155% |
| Non-recurring operating income | 76A | €4,633 | - | -€4,633 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,867 | €5,288 | +€421 | +8.6% |
| Other operating charges | 640/8 | €519 | €1,495 | +€977 | +188% |
| Gross operating margin | 9900 | €40,761 | €60,340 | +€19,578 | +48.0% |
| Operating profit (loss) | 9901 | €35,376 | €53,557 | +€18,181 | +51.4% |
| Financial charges | 65/66B | €3,775 | €4,337 | +€562 | +14.9% |
| Recurring financial charges | 65 | €3,775 | €4,337 | +€562 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €31,601 | €49,220 | +€17,619 | +55.8% |
| Income taxes | 67/77 | €7,474 | €11,121 | +€3,647 | +48.8% |
| Profit (loss) for the period | 9904 | €24,127 | €38,099 | +€13,972 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,127 | €38,099 | +€13,972 | +57.9% |
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 23 October 2026 via checked.be.