NVDB 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.
NVDB Consulting
Largest movements
- Current investments +€72,154
up €72,154 (+24.1%), from €299,600 to €371,754
- Cash +€55,935
up €55,935 (+30.4%), from €183,929 to €239,864
mainly Net result for the year (+€112,873) and Receivables within one year (+€23,334)
- Receivables within one year -€23,334
down €23,334 (-49.2%), from €47,422 to €24,088
of which Other amounts receivable: -€27,250
- Tangible fixed assets -€22,378
down €22,378 (-17.8%), from €126,014 to €103,636
of which Furniture and vehicles: -€14,411
- Reserves +€50,000
up €50,000 (+14.2%), from €351,860 to €401,860
of which Distributable reserves: +€50,000
- Profit (loss) carried forward +€42,873
up €42,873 (+15.7%), from €272,993 to €315,866
- Debts after one year -€17,188
down €17,188 (-51.9%), from €33,092 to €15,904
- Other debts +€10,000
up €10,000 (+100%), from €10,000 to €20,000
- Financial income +€54,086
up €54,086 (+249%), from €21,706 to €75,792
of which Financial income: +€54,086
- Turnover +€20,146
up €20,146 (+12.1%), from €165,974 to €186,120
- Depreciation +€12,599
up €12,599 (+129%), from €9,779 to €22,378
- Purchases and services +€6,084
up €6,084 (+7.4%), from €82,338 to €88,422
- Taxes +€2,083
up €2,083 (+6.7%), from €30,872 to €32,955
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 | €702,138 | €794,050 | +€91,912 | +13.1% |
| Fixed assets | 21/28 | €126,014 | €103,636 | -€22,378 | -17.8% |
| Tangible fixed assets | 22/27 | €126,014 | €103,636 | -€22,378 | -17.8% |
| Land and buildings | 22 | €55,772 | €47,805 | -€7,967 | -14.3% |
| Furniture and vehicles | 24 | €70,242 | €55,831 | -€14,411 | -20.5% |
| Current assets | 29/58 | €576,124 | €690,414 | +€114,290 | +19.8% |
| Amounts receivable after more than one year | 29 | €41,605 | €47,728 | +€6,123 | +14.7% |
| Other amounts receivable | 291 | €41,605 | €47,728 | +€6,123 | +14.7% |
| Amounts receivable within one year | 40/41 | €47,422 | €24,088 | -€23,334 | -49.2% |
| Trade receivables | 40 | €12,584 | €16,500 | +€3,916 | +31.1% |
| Other amounts receivable | 41 | €34,838 | €7,588 | -€27,250 | -78.2% |
| Current investments | 50/53 | €299,600 | €371,754 | +€72,154 | +24.1% |
| Cash at bank and in hand | 54/58 | €183,929 | €239,864 | +€55,935 | +30.4% |
| Deferred charges and accrued income | 490/1 | €3,568 | €6,980 | +€3,412 | +95.6% |
| Total equity and liabilities | 10/49 | €702,138 | €794,050 | +€91,912 | +13.1% |
| Equity | 10/15 | €631,053 | €723,926 | +€92,873 | +14.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €351,860 | €401,860 | +€50,000 | +14.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €350,000 | €400,000 | +€50,000 | +14.3% |
| Profit (loss) carried forward | 14 | €272,993 | €315,866 | +€42,873 | +15.7% |
| Amounts payable | 17/49 | €71,085 | €70,124 | -€961 | -1.4% |
| Amounts payable after more than one year | 17 | €33,092 | €15,904 | -€17,188 | -51.9% |
| Financial debts | 170/4 | €33,092 | €15,904 | -€17,188 | -51.9% |
| Amounts payable within one year | 42/48 | €37,818 | €54,220 | +€16,402 | +43.4% |
| Current portion of amounts payable after more than one year | 42 | €15,600 | €16,713 | +€1,113 | +7.1% |
| Trade debts | 44 | €1,731 | €3,804 | +€2,073 | +120% |
| Suppliers | 440/4 | €1,731 | €3,804 | +€2,073 | +120% |
| Taxes, remuneration and social security | 45 | €10,487 | €13,703 | +€3,216 | +30.7% |
| Taxes | 450/3 | €10,487 | €13,703 | +€3,216 | +30.7% |
| Other amounts payable | 47/48 | €10,000 | €20,000 | +€10,000 | +100% |
| Accrued charges and deferred income | 492/3 | €175 | - | -€175 | |
| Turnover | 70 | €165,974 | €186,120 | +€20,146 | +12.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €82,338 | €88,422 | +€6,084 | +7.4% |
| Remuneration, social security and pensions | 62 | €2,096 | €1,985 | -€111 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,779 | €22,378 | +€12,599 | +129% |
| Other operating charges | 640/8 | €140 | €1,399 | +€1,259 | +899% |
| Gross operating margin | 9900 | €96,032 | €97,698 | +€1,666 | +1.7% |
| Operating profit (loss) | 9901 | €84,017 | €71,936 | -€12,081 | -14.4% |
| Financial income | 75/76B | €21,706 | €75,792 | +€54,086 | +249% |
| Recurring financial income | 75 | €21,706 | €75,792 | +€54,086 | +249% |
| Non-recurring financial income | 76B | €21,706 | €75,792 | +€54,086 | +249% |
| Financial charges | 65/66B | €757 | €1,900 | +€1,143 | +151% |
| Recurring financial charges | 65 | €757 | €1,900 | +€1,143 | +151% |
| Profit (loss) for the period before taxes | 9903 | €104,966 | €145,828 | +€40,862 | +38.9% |
| Income taxes | 67/77 | €30,872 | €32,955 | +€2,083 | +6.7% |
| Profit (loss) for the period | 9904 | €74,094 | €112,873 | +€38,779 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €74,094 | €112,873 | +€38,779 | +52.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.