DOC NTEMA: 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.
DOC NTEMA
Largest movements
- Cash -€2,397
down €2,397 (-31.3%), from €7,661 to €5,264
mainly Net result for the year (-€3,416) and Deferred charges and accrued income (-€1,426)
- Tangible fixed assets -€1,976
down €1,976 (-15.3%), from €12,939 to €10,964
of which Furniture and vehicles: -€2,758
- Deferred charges and accrued income +€1,426
up €1,426 (+26.1%), from €5,473 to €6,899
- Formation expenses -€516
down €516 (-21.6%), from €2,393 to €1,877
- Profit (loss) carried forward -€3,416
down €3,416 (-193%), from -€1,774 to -€5,190
- Tax, wage and social debts +€1,882
up €1,882 (+108%), from €1,750 to €3,632
- Other debts -€1,305
down €1,305 (-5.3%), from €24,810 to €23,505
- Trade debts -€643
down €643 (-54.5%), from €1,180 to €537
- Depreciation +€2,302
up €2,302 (+222%), from €1,039 to €3,341
- Gross operating margin +€1,012
up €1,012, from -€179 to €832
- Other operating charges +€182
up €182 (+32.8%), from €556 to €738
- Taxes +€132
new in 2025: €132
- Financial charges +€38
new in 2025: €38
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 | €28,466 | €25,003 | -€3,463 | -12.2% |
| Formation expenses | 20 | €2,393 | €1,877 | -€516 | -21.6% |
| Fixed assets | 21/28 | €12,939 | €10,964 | -€1,976 | -15.3% |
| Tangible fixed assets | 22/27 | €12,939 | €10,964 | -€1,976 | -15.3% |
| Plant, machinery and equipment | 23 | - | €782 | +€782 | |
| Furniture and vehicles | 24 | €12,939 | €10,181 | -€2,758 | -21.3% |
| Current assets | 29/58 | €13,134 | €12,163 | -€971 | -7.4% |
| Cash at bank and in hand | 54/58 | €7,661 | €5,264 | -€2,397 | -31.3% |
| Deferred charges and accrued income | 490/1 | €5,473 | €6,899 | +€1,426 | +26.1% |
| Total equity and liabilities | 10/49 | €28,466 | €25,003 | -€3,463 | -12.2% |
| Equity | 10/15 | €726 | -€2,690 | -€3,416 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,774 | -€5,190 | -€3,416 | -193% |
| Amounts payable | 17/49 | €27,740 | €27,693 | -€47 | -0.2% |
| Amounts payable within one year | 42/48 | €27,740 | €27,674 | -€66 | -0.2% |
| Trade debts | 44 | €1,180 | €537 | -€643 | -54.5% |
| Suppliers | 440/4 | €1,180 | €537 | -€643 | -54.5% |
| Taxes, remuneration and social security | 45 | €1,750 | €3,632 | +€1,882 | +108% |
| Taxes | 450/3 | €1,750 | €3,632 | +€1,882 | +108% |
| Other amounts payable | 47/48 | €24,810 | €23,505 | -€1,305 | -5.3% |
| Accrued charges and deferred income | 492/3 | - | €19 | +€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,039 | €3,341 | +€2,302 | +222% |
| Other operating charges | 640/8 | €556 | €738 | +€182 | +32.8% |
| Gross operating margin | 9900 | -€179 | €832 | +€1,012 | |
| Operating profit (loss) | 9901 | -€1,774 | -€3,247 | -€1,473 | -83.0% |
| Financial charges | 65/66B | - | €38 | +€38 | |
| Recurring financial charges | 65 | - | €38 | +€38 | |
| Profit (loss) for the period before taxes | 9903 | -€1,774 | -€3,284 | -€1,510 | -85.2% |
| Income taxes | 67/77 | - | €132 | +€132 | |
| Profit (loss) for the period | 9904 | -€1,774 | -€3,416 | -€1,642 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,774 | -€3,416 | -€1,642 | -92.6% |
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 13 October 2026 via checked.be.