N.G.E.E.: what changed
Two fiscal 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.G.E.E.
Largest movements
- Cash -€11,236
down €11,236 (-79.2%), from €14,180 to €2,944
mainly Other debts (-€52,525) and Debts after one year (-€16,623)
- Deferred charges and accrued income +€10,613
up €10,613, from €0 to €10,613
- Receivables within one year +€9,689
up €9,689 (+27.3%), from €35,469 to €45,158
of which Trade receivables: +€18,343
- Tangible fixed assets +€5,227
up €5,227 (+1.1%), from €457,680 to €462,907
of which Other tangible fixed assets: +€5,569
- Other debts -€52,525
down €52,525 (-30.2%), from €174,000 to €121,475
- Profit (loss) carried forward +€45,226
up €45,226 (+18103.5%), from €250 to €45,476
- Tax, wage and social debts +€33,659
up €33,659 (+284.0%), from €11,853 to €45,512
- Debts after one year -€16,623
down €16,623 (-5.8%), from €288,121 to €271,498
- Trade debts +€6,350
up €6,350 (+291.0%), from €2,182 to €8,532
- Gross operating margin -€9,382
down €9,382 (-11.0%), from €85,355 to €75,973
- Taxes -€4,333
down €4,333 (-25.1%), from €17,277 to €12,944
- Financial charges +€1,463
up €1,463 (+10.0%), from €14,579 to €16,041
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 | €507,329 | €521,623 | +€14,294 | +2.8% |
| Fixed assets | 21/28 | €457,680 | €462,907 | +€5,227 | +1.1% |
| Tangible fixed assets | 22/27 | €457,680 | €462,907 | +€5,227 | +1.1% |
| Land and buildings | 22 | €457,011 | €457,011 | = | 0.0% |
| Furniture and vehicles | 24 | €669 | €326 | -€343 | -51.2% |
| Other tangible fixed assets | 26 | - | €5,569 | +€5,569 | |
| Current assets | 29/58 | €49,649 | €58,716 | +€9,067 | +18.3% |
| Amounts receivable within one year | 40/41 | €35,469 | €45,158 | +€9,689 | +27.3% |
| Trade receivables | 40 | €23,765 | €42,108 | +€18,343 | +77.2% |
| Other amounts receivable | 41 | €11,704 | €3,050 | -€8,654 | -73.9% |
| Cash at bank and in hand | 54/58 | €14,180 | €2,944 | -€11,236 | -79.2% |
| Deferred charges and accrued income | 490/1 | €0 | €10,613 | +€10,613 | |
| Total equity and liabilities | 10/49 | €507,329 | €521,623 | +€14,294 | +2.8% |
| Equity | 10/15 | €3,250 | €48,476 | +€45,226 | +1391.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €250 | €45,476 | +€45,226 | +18103.5% |
| Amounts payable | 17/49 | €504,079 | €473,147 | -€30,932 | -6.1% |
| Amounts payable after more than one year | 17 | €288,121 | €271,498 | -€16,623 | -5.8% |
| Financial debts | 170/4 | €288,121 | €271,498 | -€16,623 | -5.8% |
| Amounts payable within one year | 42/48 | €215,958 | €201,649 | -€14,310 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €27,923 | €26,131 | -€1,792 | -6.4% |
| Trade debts | 44 | €2,182 | €8,532 | +€6,350 | +291.0% |
| Suppliers | 440/4 | €2,182 | €8,532 | +€6,350 | +291.0% |
| Taxes, remuneration and social security | 45 | €11,853 | €45,512 | +€33,659 | +284.0% |
| Taxes | 450/3 | €11,853 | €45,512 | +€33,659 | +284.0% |
| Other amounts payable | 47/48 | €174,000 | €121,475 | -€52,525 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €708 | €511 | -€197 | -27.8% |
| Other operating charges | 640/8 | €23 | €418 | +€395 | +1751.7% |
| Gross operating margin | 9900 | €85,355 | €75,973 | -€9,382 | -11.0% |
| Operating profit (loss) | 9901 | €84,624 | €75,044 | -€9,580 | -11.3% |
| Financial income | 75/76B | €203 | - | -€203 | |
| Recurring financial income | 75 | €203 | - | -€203 | |
| Financial charges | 65/66B | €14,579 | €16,041 | +€1,463 | +10.0% |
| Recurring financial charges | 65 | €14,579 | €16,041 | +€1,463 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €70,249 | €59,003 | -€11,246 | -16.0% |
| Income taxes | 67/77 | €17,277 | €12,944 | -€4,333 | -25.1% |
| Profit (loss) for the period | 9904 | €52,972 | €46,059 | -€6,913 | -13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,972 | €46,059 | -€6,913 | -13.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.