N.F.D. CREATION: what changed
N.F.D. CREATION
Largest movements
- Tangible fixed assets +€5,593
new in 2025: €5,593
- Receivables within one year -€3,508
down €3,508 (-19.6%), from €17,940 to €14,433
of which Other amounts receivable: -€3,883
- Cash -€773
down €773 (-2.8%), from €28,041 to €27,268
mainly Trade debts (-€7,364) and Investment in fixed assets (net) (-€7,130)
- Trade debts -€7,364
down €7,364 (-86.4%), from €8,524 to €1,160
- Profit (loss) carried forward +€6,850
up €6,850 (+36.3%), from €18,858 to €25,707
- Tax, wage and social debts +€1,826
new in 2025: €1,826
- Gross operating margin +€13,314
up €13,314, from -€2,505 to €10,809
- Taxes +€1,826
new in 2025: €1,826
- Other operating charges +€810
up €810 (+545%), from €149 to €959
- Financial income -€346
down €346 (-45.2%), from €767 to €421
- Depreciation +€119
up €119 (+8.4%), from €1,418 to €1,537
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,981 | €47,293 | +€1,312 | +2.9% |
| Fixed assets | 21/28 | - | €5,593 | +€5,593 | |
| Tangible fixed assets | 22/27 | - | €5,593 | +€5,593 | |
| Furniture and vehicles | 24 | - | €5,593 | +€5,593 | |
| Current assets | 29/58 | €45,981 | €41,700 | -€4,281 | -9.3% |
| Amounts receivable within one year | 40/41 | €17,940 | €14,433 | -€3,508 | -19.6% |
| Trade receivables | 40 | €5,330 | €5,705 | +€375 | +7.0% |
| Other amounts receivable | 41 | €12,610 | €8,728 | -€3,883 | -30.8% |
| Cash at bank and in hand | 54/58 | €28,041 | €27,268 | -€773 | -2.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €45,981 | €47,293 | +€1,312 | +2.9% |
| Equity | 10/15 | €37,458 | €44,307 | +€6,850 | +18.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,858 | €25,707 | +€6,850 | +36.3% |
| Amounts payable | 17/49 | €8,524 | €2,986 | -€5,537 | -65.0% |
| Amounts payable within one year | 42/48 | €8,524 | €2,986 | -€5,537 | -65.0% |
| Trade debts | 44 | €8,524 | €1,160 | -€7,364 | -86.4% |
| Suppliers | 440/4 | €8,524 | €1,160 | -€7,364 | -86.4% |
| Taxes, remuneration and social security | 45 | - | €1,826 | +€1,826 | |
| Taxes | 450/3 | - | €1,826 | +€1,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,418 | €1,537 | +€119 | +8.4% |
| Other operating charges | 640/8 | €149 | €959 | +€810 | +545% |
| Gross operating margin | 9900 | -€2,505 | €10,809 | +€13,314 | |
| Operating profit (loss) | 9901 | -€4,071 | €8,314 | +€12,385 | |
| Financial income | 75/76B | €767 | €421 | -€346 | -45.2% |
| Recurring financial income | 75 | €767 | €421 | -€346 | -45.2% |
| Financial charges | 65/66B | €78 | €59 | -€19 | -24.8% |
| Recurring financial charges | 65 | €78 | €59 | -€19 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,382 | €8,676 | +€12,058 | |
| Income taxes | 67/77 | - | €1,826 | +€1,826 | |
| Profit (loss) for the period | 9904 | -€3,382 | €6,850 | +€10,232 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,382 | €6,850 | +€10,232 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.