PD-Consult: what changed
Two fiscal 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.
PD-Consult
Largest movements
- Cash -€32,384
down €32,384 (-93.8%), from €34,533 to €2,149
mainly Net result for the year (-€91,316) and Tax, wage and social debts (-€28,715)
- Intangible fixed assets +€10,183
up €10,183 (+15.3%), from €66,708 to €76,891
- Tangible fixed assets -€9,316
down €9,316 (-68.7%), from €13,560 to €4,244
of which Furniture and vehicles: -€11,489
- Current investments -€8,322
down €8,322 (-73.1%), from €11,387 to €3,065
- Receivables within one year +€5,533
up €5,533 (+4.8%), from €116,186 to €121,720
of which Other amounts receivable: +€7,408
- Reserves -€91,316
down €91,316 (-80.5%), from €113,430 to €22,114
of which Distributable reserves: -€91,316
- Short-term financial debts +€53,205
up €53,205 (+664.2%), from €8,010 to €61,216
- Tax, wage and social debts -€28,715
down €28,715 (-52.1%), from €55,073 to €26,358
of which Taxes: -€15,304
- Debts after one year +€20,012
up €20,012, from €0 to €20,012
- Accrued charges and deferred income +€16,416
up €16,416 (+77.2%), from €21,266 to €37,683
- Gross operating margin -€177,727
down €177,727 (-95.1%), from €186,831 to €9,104
- Financial income +€30,355
up €30,355 (+1758.0%), from €1,727 to €32,082
of which Non-recurring financial income: +€32,032
- Staff costs -€16,155
down €16,155 (-13.4%), from €120,906 to €104,751
- Taxes -€10,687
down €10,687 (-93.9%), from €11,378 to €691
- Depreciation -€4,210
down €4,210 (-17.2%), from €24,466 to €20,256
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 | €247,731 | €211,004 | -€36,727 | -14.8% |
| Fixed assets | 21/28 | €80,468 | €81,335 | +€867 | +1.1% |
| Intangible fixed assets | 21 | €66,708 | €76,891 | +€10,183 | +15.3% |
| Tangible fixed assets | 22/27 | €13,560 | €4,244 | -€9,316 | -68.7% |
| Plant, machinery and equipment | 23 | - | €2,173 | +€2,173 | |
| Furniture and vehicles | 24 | €13,560 | €2,071 | -€11,489 | -84.7% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €167,262 | €129,669 | -€37,594 | -22.5% |
| Amounts receivable within one year | 40/41 | €116,186 | €121,720 | +€5,533 | +4.8% |
| Trade receivables | 40 | €115,691 | €113,816 | -€1,875 | -1.6% |
| Other amounts receivable | 41 | €495 | €7,903 | +€7,408 | +1495.8% |
| Current investments | 50/53 | €11,387 | €3,065 | -€8,322 | -73.1% |
| Cash at bank and in hand | 54/58 | €34,533 | €2,149 | -€32,384 | -93.8% |
| Deferred charges and accrued income | 490/1 | €5,156 | €2,735 | -€2,420 | -46.9% |
| Total equity and liabilities | 10/49 | €247,731 | €211,004 | -€36,727 | -14.8% |
| Equity | 10/15 | €132,030 | €40,714 | -€91,316 | -69.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €113,430 | €22,114 | -€91,316 | -80.5% |
| 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 | €111,570 | €20,254 | -€91,316 | -81.8% |
| Amounts payable | 17/49 | €115,701 | €170,290 | +€54,589 | +47.2% |
| Amounts payable after more than one year | 17 | €0 | €20,012 | +€20,012 | |
| Financial debts | 170/4 | €0 | €20,012 | +€20,012 | |
| Amounts payable within one year | 42/48 | €94,435 | €112,595 | +€18,160 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €8,130 | €11,323 | +€3,193 | +39.3% |
| Financial debts | 43 | €8,010 | €61,216 | +€53,205 | +664.2% |
| Credit institutions | 430/8 | €8,010 | €61,216 | +€53,205 | +664.2% |
| Trade debts | 44 | €22,950 | €12,052 | -€10,898 | -47.5% |
| Suppliers | 440/4 | €22,950 | €12,052 | -€10,898 | -47.5% |
| Taxes, remuneration and social security | 45 | €55,073 | €26,358 | -€28,715 | -52.1% |
| Taxes | 450/3 | €29,189 | €13,886 | -€15,304 | -52.4% |
| Remuneration and social security | 454/9 | €25,884 | €12,473 | -€13,411 | -51.8% |
| Other amounts payable | 47/48 | €271 | €1,646 | +€1,374 | +506.6% |
| Accrued charges and deferred income | 492/3 | €21,266 | €37,683 | +€16,416 | +77.2% |
| Remuneration, social security and pensions | 62 | €120,906 | €104,751 | -€16,155 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,466 | €20,256 | -€4,210 | -17.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €968 | €0 | -€968 | -100.0% |
| Other operating charges | 640/8 | €1,136 | €2,344 | +€1,208 | +106.4% |
| Gross operating margin | 9900 | €186,831 | €9,104 | -€177,727 | -95.1% |
| Operating profit (loss) | 9901 | €39,356 | -€118,247 | -€157,602 | |
| Financial income | 75/76B | €1,727 | €32,082 | +€30,355 | +1758.0% |
| Recurring financial income | 75 | €1,727 | €50 | -€1,677 | -97.1% |
| Non-recurring financial income | 76B | €0 | €32,032 | +€32,032 | |
| Financial charges | 65/66B | €2,693 | €4,460 | +€1,767 | +65.6% |
| Recurring financial charges | 65 | €2,693 | €4,460 | +€1,767 | +65.6% |
| Profit (loss) for the period before taxes | 9903 | €38,389 | -€90,625 | -€129,014 | |
| Income taxes | 67/77 | €11,378 | €691 | -€10,687 | -93.9% |
| Profit (loss) for the period | 9904 | €27,011 | -€91,316 | -€118,327 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,011 | -€91,316 | -€118,327 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.