NDE Conseils: 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.
NDE Conseils
Largest movements
- Cash +€73,076
up €73,076 (+349.8%), from €20,890 to €93,966
mainly Net result for the year (+€54,779) and Current investments (+€37,472)
- Current investments -€37,472
down €37,472 (-100.0%), from €37,472 to €0
- Receivables within one year +€13,084
up €13,084 (+1998.3%), from €655 to €13,739
of which Trade receivables: +€13,244
- Tangible fixed assets +€1,295
up €1,295 (+68.0%), from €1,904 to €3,198
- Profit (loss) carried forward +€54,779
up €54,779 (+135.3%), from €40,481 to €95,260
- Other debts -€7,865
down €7,865 (-61.2%), from €12,842 to €4,977
- Tax, wage and social debts +€3,377
up €3,377 (+29.9%), from €11,285 to €14,662
- Gross operating margin +€26,410
up €26,410 (+61.2%), from €43,133 to €69,542
- Taxes +€2,609
up €2,609 (+21.9%), from €11,921 to €14,531
- Financial income -€788
down €788 (-37.1%), from €2,122 to €1,335
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 | €68,000 | €117,883 | +€49,883 | +73.4% |
| Fixed assets | 21/28 | €8,794 | €10,089 | +€1,295 | +14.7% |
| Tangible fixed assets | 22/27 | €1,904 | €3,198 | +€1,295 | +68.0% |
| Furniture and vehicles | 24 | €1,904 | €3,198 | +€1,295 | +68.0% |
| Financial fixed assets | 28 | €6,891 | €6,891 | = | 0.0% |
| Current assets | 29/58 | €59,206 | €107,794 | +€48,588 | +82.1% |
| Amounts receivable within one year | 40/41 | €655 | €13,739 | +€13,084 | +1998.3% |
| Trade receivables | 40 | €182 | €13,426 | +€13,244 | +7273.3% |
| Other amounts receivable | 41 | €473 | €313 | -€160 | -33.9% |
| Current investments | 50/53 | €37,472 | €0 | -€37,472 | -100.0% |
| Cash at bank and in hand | 54/58 | €20,890 | €93,966 | +€73,076 | +349.8% |
| Deferred charges and accrued income | 490/1 | €189 | €90 | -€99 | -52.5% |
| Total equity and liabilities | 10/49 | €68,000 | €117,883 | +€49,883 | +73.4% |
| Equity | 10/15 | €41,481 | €96,260 | +€54,779 | +132.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,481 | €95,260 | +€54,779 | +135.3% |
| Amounts payable | 17/49 | €26,519 | €21,623 | -€4,896 | -18.5% |
| Amounts payable within one year | 42/48 | €26,519 | €21,623 | -€4,896 | -18.5% |
| Trade debts | 44 | €2,392 | €1,984 | -€409 | -17.1% |
| Suppliers | 440/4 | €2,392 | €1,984 | -€409 | -17.1% |
| Taxes, remuneration and social security | 45 | €11,285 | €14,662 | +€3,377 | +29.9% |
| Taxes | 450/3 | €11,285 | €14,662 | +€3,377 | +29.9% |
| Other amounts payable | 47/48 | €12,842 | €4,977 | -€7,865 | -61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €495 | €1,008 | +€513 | +103.7% |
| Other operating charges | 640/8 | €387 | €404 | +€17 | +4.3% |
| Gross operating margin | 9900 | €43,133 | €69,542 | +€26,410 | +61.2% |
| Operating profit (loss) | 9901 | €42,250 | €68,130 | +€25,880 | +61.3% |
| Financial income | 75/76B | €2,122 | €1,335 | -€788 | -37.1% |
| Recurring financial income | 75 | €2,122 | €1,335 | -€788 | -37.1% |
| Financial charges | 65/66B | €23 | €154 | +€131 | +572.6% |
| Recurring financial charges | 65 | €23 | €154 | +€131 | +572.6% |
| Profit (loss) for the period before taxes | 9903 | €44,349 | €69,310 | +€24,961 | +56.3% |
| Income taxes | 67/77 | €11,921 | €14,531 | +€2,609 | +21.9% |
| Profit (loss) for the period | 9904 | €32,428 | €54,779 | +€22,351 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,428 | €54,779 | +€22,351 | +68.9% |
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 9 October 2026 via checked.be.