LE NYD: 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.
LE NYD
Largest movements
- Receivables within one year +€76,040
up €76,040 (+49.1%), from €154,780 to €230,820
of which Trade receivables: +€76,984
- Current investments +€50,000
up €50,000 (+50.0%), from €100,000 to €150,000
- Tangible fixed assets +€27,848
up €27,848 (+3.0%), from €928,762 to €956,610
of which Land and buildings: +€60,794
- Profit (loss) carried forward +€169,231
up €169,231 (+41.3%), from €409,799 to €579,030
- Debts after one year -€56,177
down €56,177 (-20.8%), from €270,556 to €214,379
- Tax, wage and social debts +€33,043
up €33,043 (+111%), from €29,772 to €62,815
- Gross operating margin +€90,805
up €90,805 (+39.2%), from €231,772 to €322,577
- Taxes +€27,158
up €27,158 (+95.8%), from €28,357 to €55,515
- Depreciation +€17,350
up €17,350 (+34.3%), from €50,554 to €67,904
- Other operating charges -€4,815
down €4,815 (-48.4%), from €9,949 to €5,134
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 | €1,225,595 | €1,375,366 | +€149,770 | +12.2% |
| Fixed assets | 21/28 | €928,762 | €956,610 | +€27,848 | +3.0% |
| Tangible fixed assets | 22/27 | €928,762 | €956,610 | +€27,848 | +3.0% |
| Land and buildings | 22 | €797,384 | €858,177 | +€60,794 | +7.6% |
| Plant, machinery and equipment | 23 | €16,334 | €12,341 | -€3,993 | -24.4% |
| Furniture and vehicles | 24 | €110,771 | €83,095 | -€27,676 | -25.0% |
| Other tangible fixed assets | 26 | €4,273 | €2,996 | -€1,277 | -29.9% |
| Current assets | 29/58 | €296,833 | €418,756 | +€121,923 | +41.1% |
| Amounts receivable within one year | 40/41 | €154,780 | €230,820 | +€76,040 | +49.1% |
| Trade receivables | 40 | €153,836 | €230,820 | +€76,984 | +50.0% |
| Other amounts receivable | 41 | €944 | - | -€944 | |
| Current investments | 50/53 | €100,000 | €150,000 | +€50,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €36,309 | €31,886 | -€4,423 | -12.2% |
| Deferred charges and accrued income | 490/1 | €5,744 | €6,050 | +€306 | +5.3% |
| Total equity and liabilities | 10/49 | €1,225,595 | €1,375,366 | +€149,770 | +12.2% |
| Equity | 10/15 | €430,399 | €599,630 | +€169,231 | +39.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €409,799 | €579,030 | +€169,231 | +41.3% |
| Amounts payable | 17/49 | €795,196 | €775,736 | -€19,460 | -2.4% |
| Amounts payable after more than one year | 17 | €270,556 | €214,379 | -€56,177 | -20.8% |
| Financial debts | 170/4 | €270,556 | €214,379 | -€56,177 | -20.8% |
| Amounts payable within one year | 42/48 | €510,402 | €548,219 | +€37,817 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €58,198 | €59,477 | +€1,278 | +2.2% |
| Trade debts | 44 | €4,600 | €4,504 | -€96 | -2.1% |
| Suppliers | 440/4 | €4,600 | €4,504 | -€96 | -2.1% |
| Taxes, remuneration and social security | 45 | €29,772 | €62,815 | +€33,043 | +111% |
| Taxes | 450/3 | €29,772 | €62,815 | +€33,043 | +111% |
| Other amounts payable | 47/48 | €417,832 | €421,423 | +€3,591 | +0.9% |
| Accrued charges and deferred income | 492/3 | €14,238 | €13,138 | -€1,101 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,554 | €67,904 | +€17,350 | +34.3% |
| Other operating charges | 640/8 | €9,949 | €5,134 | -€4,815 | -48.4% |
| Gross operating margin | 9900 | €231,772 | €322,577 | +€90,805 | +39.2% |
| Operating profit (loss) | 9901 | €171,269 | €249,538 | +€78,269 | +45.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €23,717 | €24,793 | +€1,076 | +4.5% |
| Recurring financial charges | 65 | €23,717 | €24,793 | +€1,076 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €147,552 | €224,746 | +€77,193 | +52.3% |
| Income taxes | 67/77 | €28,357 | €55,515 | +€27,158 | +95.8% |
| Profit (loss) for the period | 9904 | €119,195 | €169,231 | +€50,036 | +42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €119,195 | €169,231 | +€50,036 | +42.0% |
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 14 October 2026 via checked.be.