NVDH CONSULTANCY: 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.
NVDH CONSULTANCY
Largest movements
- Cash +€31,713
up €31,713 (+68.3%), from €46,456 to €78,169
mainly Investment in fixed assets (net) (+€20,625) and Net result for the year (+€7,833)
- Tangible fixed assets -€21,282
down €21,282 (-96.8%), from €21,987 to €705
- Receivables within one year -€1,896
down €1,896 (-7.5%), from €25,267 to €23,371
of which Trade receivables: -€1,000
- Profit (loss) carried forward +€8,243
up €8,243, from -€8,243 to €0
- Depreciation -€10,236
down €10,236 (-94.0%), from €10,893 to €657
- Gross operating margin +€6,168
up €6,168 (+218%), from €2,836 to €9,003
- Taxes +€959
up €959 (+600%), from €160 to €1,119
- Other operating charges -€746
down €746 (-65.1%), from €1,146 to €400
- Financial income +€170
up €170 (+12.9%), from €1,319 to €1,489
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 | €93,710 | €102,245 | +€8,535 | +9.1% |
| Fixed assets | 21/28 | €21,987 | €705 | -€21,282 | -96.8% |
| Tangible fixed assets | 22/27 | €21,987 | €705 | -€21,282 | -96.8% |
| Furniture and vehicles | 24 | €21,987 | €705 | -€21,282 | -96.8% |
| Current assets | 29/58 | €71,723 | €101,540 | +€29,817 | +41.6% |
| Amounts receivable within one year | 40/41 | €25,267 | €23,371 | -€1,896 | -7.5% |
| Trade receivables | 40 | €1,000 | €0 | -€1,000 | -100% |
| Other amounts receivable | 41 | €24,267 | €23,371 | -€896 | -3.7% |
| Cash at bank and in hand | 54/58 | €46,456 | €78,169 | +€31,713 | +68.3% |
| Total equity and liabilities | 10/49 | €93,710 | €102,245 | +€8,535 | +9.1% |
| Equity | 10/15 | €93,477 | €101,310 | +€7,833 | +8.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €89,320 | €88,910 | -€410 | -0.5% |
| Non-distributable reserves | 130/1 | €1,867 | €1,867 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,867 | €1,867 | = | 0.0% |
| Distributable reserves | 133 | €87,453 | €87,043 | -€410 | -0.5% |
| Profit (loss) carried forward | 14 | -€8,243 | €0 | +€8,243 | |
| Amounts payable | 17/49 | €233 | €935 | +€702 | +302% |
| Amounts payable within one year | 42/48 | €233 | €935 | +€702 | +302% |
| Trade debts | 44 | €79 | €0 | -€79 | -100% |
| Suppliers | 440/4 | €79 | €0 | -€79 | -100% |
| Taxes, remuneration and social security | 45 | €154 | €935 | +€781 | +507% |
| Taxes | 450/3 | €154 | €935 | +€781 | +507% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,893 | €657 | -€10,236 | -94.0% |
| Other operating charges | 640/8 | €1,146 | €400 | -€746 | -65.1% |
| Non-recurring operating charges | 66A | - | €275 | +€275 | |
| Gross operating margin | 9900 | €2,836 | €9,003 | +€6,168 | +218% |
| Operating profit (loss) | 9901 | -€9,203 | €7,671 | +€16,874 | |
| Financial income | 75/76B | €1,319 | €1,489 | +€170 | +12.9% |
| Recurring financial income | 75 | €1,319 | €1,489 | +€170 | +12.9% |
| Financial charges | 65/66B | €199 | €207 | +€9 | +4.3% |
| Recurring financial charges | 65 | €199 | €207 | +€9 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,083 | €8,952 | +€17,035 | |
| Income taxes | 67/77 | €160 | €1,119 | +€959 | +600% |
| Profit (loss) for the period | 9904 | -€8,243 | €7,833 | +€16,076 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,243 | €7,833 | +€16,076 |
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 16 October 2026 via checked.be.