N&N Construct: 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&N Construct
Largest movements
- Cash +€32,799
up €32,799 (+345.9%), from €9,482 to €42,281
mainly Net result for the year (+€40,370) and Trade debts (+€38,891)
- Tangible fixed assets +€30,728
new in 2024: €30,728
- Receivables within one year -€11,876
down €11,876 (-13.7%), from €86,857 to €74,981
of which Trade receivables: -€13,867
- Profit (loss) carried forward +€40,370
up €40,370 (+204.1%), from €19,782 to €60,152
- Trade debts +€38,891
up €38,891 (+130.7%), from €29,759 to €68,650
- Other debts -€31,393
no longer reported in 2024 (was €31,393)
- Tax, wage and social debts +€3,592
up €3,592 (+33.9%), from €10,597 to €14,189
of which Taxes: +€5,194
- Gross operating margin +€30,401
up €30,401 (+122.0%), from €24,929 to €55,330
- Taxes +€5,147
up €5,147 (+104.1%), from €4,945 to €10,092
- Depreciation +€3,056
new in 2024: €3,056
- Other operating charges +€1,462
up €1,462 (+791.5%), from €185 to €1,646
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 | €96,531 | €147,991 | +€51,459 | +53.3% |
| Fixed assets | 21/28 | - | €30,728 | +€30,728 | |
| Tangible fixed assets | 22/27 | - | €30,728 | +€30,728 | |
| Furniture and vehicles | 24 | - | €30,728 | +€30,728 | |
| Current assets | 29/58 | €96,531 | €117,263 | +€20,731 | +21.5% |
| Amounts receivable within one year | 40/41 | €86,857 | €74,981 | -€11,876 | -13.7% |
| Trade receivables | 40 | €85,920 | €72,053 | -€13,867 | -16.1% |
| Other amounts receivable | 41 | €938 | €2,928 | +€1,991 | +212.3% |
| Cash at bank and in hand | 54/58 | €9,482 | €42,281 | +€32,799 | +345.9% |
| Deferred charges and accrued income | 490/1 | €191 | - | -€191 | |
| Total equity and liabilities | 10/49 | €96,531 | €147,991 | +€51,459 | +53.3% |
| Equity | 10/15 | €24,782 | €65,152 | +€40,370 | +162.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,782 | €60,152 | +€40,370 | +204.1% |
| Amounts payable | 17/49 | €71,749 | €82,839 | +€11,090 | +15.5% |
| Amounts payable within one year | 42/48 | €71,749 | €82,839 | +€11,090 | +15.5% |
| Trade debts | 44 | €29,759 | €68,650 | +€38,891 | +130.7% |
| Suppliers | 440/4 | €29,759 | €68,650 | +€38,891 | +130.7% |
| Taxes, remuneration and social security | 45 | €10,597 | €14,189 | +€3,592 | +33.9% |
| Taxes | 450/3 | €4,945 | €10,139 | +€5,194 | +105.0% |
| Remuneration and social security | 454/9 | €5,652 | €4,050 | -€1,602 | -28.3% |
| Other amounts payable | 47/48 | €31,393 | - | -€31,393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,056 | +€3,056 | |
| Other operating charges | 640/8 | €185 | €1,646 | +€1,462 | +791.5% |
| Gross operating margin | 9900 | €24,929 | €55,330 | +€30,401 | +122.0% |
| Operating profit (loss) | 9901 | €24,744 | €50,627 | +€25,883 | +104.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €17 | €166 | +€150 | +897.8% |
| Recurring financial charges | 65 | €17 | €166 | +€150 | +897.8% |
| Profit (loss) for the period before taxes | 9903 | €24,727 | €50,462 | +€25,735 | +104.1% |
| Income taxes | 67/77 | €4,945 | €10,092 | +€5,147 | +104.1% |
| Profit (loss) for the period | 9904 | €19,782 | €40,370 | +€20,588 | +104.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,782 | €40,370 | +€20,588 | +104.1% |
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 11 October 2026 via checked.be.