PND 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.
PND Consulting
Largest movements
- Cash -€52,426
down €52,426 (-61.7%), from €84,926 to €32,500
mainly Other debts (-€61,971) and Contributions, distributions and other (-€17,250)
- Receivables after one year -€34,170
down €34,170 (-100.0%), from €34,170 to €0
- Receivables within one year +€7,931
up €7,931 (+72.6%), from €10,931 to €18,862
of which Trade receivables: +€6,000
- Tangible fixed assets +€4,198
up €4,198 (+37.5%), from €11,198 to €15,396
of which Other tangible fixed assets: +€5,741
- Other debts -€61,971
down €61,971 (-63.1%), from €98,250 to €36,279
- Profit (loss) carried forward -€11,283
down €11,283 (-59.2%), from €19,072 to €7,789
- Tax, wage and social debts -€5,952
down €5,952 (-32.3%), from €18,420 to €12,468
of which Remuneration and social security: -€3,548
- Debts after one year +€4,677
new in 2025: €4,677
- Gross operating margin -€35,566
down €35,566 (-69.9%), from €50,882 to €15,316
- Taxes -€7,373
down €7,373 (-67.4%), from €10,943 to €3,570
- Depreciation +€2,285
up €2,285 (+137.7%), from €1,659 to €3,944
- Financial income -€1,113
no longer reported in 2025 (was €1,113)
- Other operating charges +€559
up €559 (+48.9%), from €1,143 to €1,703
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 | €141,804 | €67,602 | -€74,202 | -52.3% |
| Fixed assets | 21/28 | €11,198 | €15,396 | +€4,198 | +37.5% |
| Tangible fixed assets | 22/27 | €11,198 | €15,396 | +€4,198 | +37.5% |
| Furniture and vehicles | 24 | €7,590 | €6,047 | -€1,543 | -20.3% |
| Other tangible fixed assets | 26 | €3,609 | €9,349 | +€5,741 | +159.1% |
| Current assets | 29/58 | €130,605 | €52,206 | -€78,399 | -60.0% |
| Amounts receivable after more than one year | 29 | €34,170 | €0 | -€34,170 | -100.0% |
| Other amounts receivable | 291 | €34,170 | €0 | -€34,170 | -100.0% |
| Amounts receivable within one year | 40/41 | €10,931 | €18,862 | +€7,931 | +72.6% |
| Trade receivables | 40 | €10,931 | €16,931 | +€6,000 | +54.9% |
| Other amounts receivable | 41 | - | €1,930 | +€1,930 | |
| Cash at bank and in hand | 54/58 | €84,926 | €32,500 | -€52,426 | -61.7% |
| Deferred charges and accrued income | 490/1 | €578 | €844 | +€266 | +46.1% |
| Total equity and liabilities | 10/49 | €141,804 | €67,602 | -€74,202 | -52.3% |
| Equity | 10/15 | €23,072 | €11,789 | -€11,283 | -48.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,072 | €7,789 | -€11,283 | -59.2% |
| Amounts payable | 17/49 | €118,732 | €55,813 | -€62,918 | -53.0% |
| Amounts payable after more than one year | 17 | - | €4,677 | +€4,677 | |
| Other amounts payable | 178/9 | - | €4,677 | +€4,677 | |
| Amounts payable within one year | 42/48 | €118,732 | €51,137 | -€67,595 | -56.9% |
| Trade debts | 44 | €2,062 | €2,390 | +€328 | +15.9% |
| Suppliers | 440/4 | €2,062 | €2,390 | +€328 | +15.9% |
| Taxes, remuneration and social security | 45 | €18,420 | €12,468 | -€5,952 | -32.3% |
| Taxes | 450/3 | €14,872 | €12,468 | -€2,404 | -16.2% |
| Remuneration and social security | 454/9 | €3,548 | €0 | -€3,548 | -100.0% |
| Other amounts payable | 47/48 | €98,250 | €36,279 | -€61,971 | -63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,659 | €3,944 | +€2,285 | +137.7% |
| Other operating charges | 640/8 | €1,143 | €1,703 | +€559 | +48.9% |
| Gross operating margin | 9900 | €50,882 | €15,316 | -€35,566 | -69.9% |
| Operating profit (loss) | 9901 | €48,079 | €9,669 | -€38,410 | -79.9% |
| Financial income | 75/76B | €1,113 | - | -€1,113 | |
| Recurring financial income | 75 | €1,113 | - | -€1,113 | |
| Financial charges | 65/66B | €151 | €132 | -€18 | -12.1% |
| Recurring financial charges | 65 | €151 | €132 | -€18 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €49,042 | €9,537 | -€39,505 | -80.6% |
| Income taxes | 67/77 | €10,943 | €3,570 | -€7,373 | -67.4% |
| Profit (loss) for the period | 9904 | €38,099 | €5,967 | -€32,132 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,099 | €5,967 | -€32,132 | -84.3% |
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 11 October 2026 via checked.be.