N&A SERVICES: 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.
N&A SERVICES
Largest movements
- Tangible fixed assets +€65,920
up €65,920 (+34.9%), from €188,790 to €254,710
of which Leasing and similar rights: +€61,877
- Receivables within one year +€51,819
up €51,819 (+8.5%), from €607,783 to €659,602
of which Trade receivables: +€51,590
- Cash +€16,814
up €16,814 (+29.0%), from €57,968 to €74,782
mainly Trade debts (+€120,373) and Depreciation (+€49,008)
- Stocks and contracts +€13,000
up €13,000 (+20.8%), from €62,500 to €75,500
- Trade debts +€120,373
up €120,373 (+368.0%), from €32,708 to €153,081
- Other debts -€21,908
down €21,908 (-17.3%), from €126,871 to €104,963
- Debts after one year +€21,465
up €21,465 (+15.5%), from €138,259 to €159,724
- Current portion of long-term debt +€17,386
up €17,386 (+31.4%), from €55,331 to €72,717
- Gross operating margin -€164,749
down €164,749 (-23.4%), from €702,923 to €538,174
- Staff costs -€143,531
down €143,531 (-24.0%), from €598,520 to €454,989
- Financial income -€44,900
down €44,900 (-93.3%), from €48,140 to €3,240
of which Non-recurring financial income: -€26,869
- Other operating charges -€29,494
down €29,494 (-67.1%), from €43,978 to €14,484
- Taxes -€20,637
down €20,637 (-99.3%), from €20,777 to €140
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €928,947 | €1,076,463 | +€147,516 | +15.9% |
| Fixed assets | 21/28 | €188,980 | €254,900 | +€65,920 | +34.9% |
| Tangible fixed assets | 22/27 | €188,790 | €254,710 | +€65,920 | +34.9% |
| Plant, machinery and equipment | 23 | €467 | €754 | +€287 | +61.4% |
| Furniture and vehicles | 24 | €4,335 | €8,091 | +€3,757 | +86.7% |
| Leasing and similar rights | 25 | €183,988 | €245,865 | +€61,877 | +33.6% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €739,967 | €821,563 | +€81,596 | +11.0% |
| Stocks and contracts in progress | 3 | €62,500 | €75,500 | +€13,000 | +20.8% |
| Stocks | 30/36 | €62,500 | €75,500 | +€13,000 | +20.8% |
| Amounts receivable within one year | 40/41 | €607,783 | €659,602 | +€51,819 | +8.5% |
| Trade receivables | 40 | €605,929 | €657,519 | +€51,590 | +8.5% |
| Other amounts receivable | 41 | €1,854 | €2,083 | +€230 | +12.4% |
| Cash at bank and in hand | 54/58 | €57,968 | €74,782 | +€16,814 | +29.0% |
| Deferred charges and accrued income | 490/1 | €11,715 | €11,679 | -€36 | -0.3% |
| Total equity and liabilities | 10/49 | €928,947 | €1,076,463 | +€147,516 | +15.9% |
| Equity | 10/15 | €152,609 | €154,192 | +€1,583 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,549 | €146,132 | +€1,583 | +1.1% |
| Amounts payable | 17/49 | €776,338 | €922,271 | +€145,933 | +18.8% |
| Amounts payable after more than one year | 17 | €138,259 | €159,724 | +€21,465 | +15.5% |
| Financial debts | 170/4 | €138,259 | €159,724 | +€21,465 | +15.5% |
| Amounts payable within one year | 42/48 | €638,079 | €758,048 | +€119,968 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €55,331 | €72,717 | +€17,386 | +31.4% |
| Trade debts | 44 | €32,708 | €153,081 | +€120,373 | +368.0% |
| Suppliers | 440/4 | €32,708 | €153,081 | +€120,373 | +368.0% |
| Taxes, remuneration and social security | 45 | €423,169 | €427,287 | +€4,118 | +1.0% |
| Taxes | 450/3 | €78,175 | €119,558 | +€41,382 | +52.9% |
| Remuneration and social security | 454/9 | €344,993 | €307,729 | -€37,264 | -10.8% |
| Other amounts payable | 47/48 | €126,871 | €104,963 | -€21,908 | -17.3% |
| Accrued charges and deferred income | 492/3 | - | €4,500 | +€4,500 | |
| Remuneration, social security and pensions | 62 | €598,520 | €454,989 | -€143,531 | -24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,524 | €49,008 | +€2,484 | +5.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,910 | - | -€2,910 | |
| Other operating charges | 640/8 | €43,978 | €14,484 | -€29,494 | -67.1% |
| Non-recurring operating charges | 66A | €21,204 | €4,052 | -€17,152 | -80.9% |
| Gross operating margin | 9900 | €702,923 | €538,174 | -€164,749 | -23.4% |
| Operating profit (loss) | 9901 | -€10,212 | €15,641 | +€25,853 | |
| Financial income | 75/76B | €48,140 | €3,240 | -€44,900 | -93.3% |
| Recurring financial income | 75 | €21,271 | €3,240 | -€18,031 | -84.8% |
| Non-recurring financial income | 76B | €26,869 | - | -€26,869 | |
| Financial charges | 65/66B | €16,436 | €17,158 | +€722 | +4.4% |
| Recurring financial charges | 65 | €16,436 | €17,158 | +€722 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €21,492 | €1,723 | -€19,769 | -92.0% |
| Income taxes | 67/77 | €20,777 | €140 | -€20,637 | -99.3% |
| Profit (loss) for the period | 9904 | €715 | €1,583 | +€868 | +121.4% |
| Profit (loss) for the period to be appropriated | 9905 | €715 | €1,583 | +€868 | +121.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.