N.S.: 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.S.
Largest movements
- Tangible fixed assets +€59,084
up €59,084 (+319.0%), from €18,519 to €77,603
of which Leasing and similar rights: +€48,572
- Cash +€24,350
up €24,350 (+22.2%), from €109,630 to €133,980
mainly Net result for the year (+€37,562) and Debts after one year (+€26,317)
- Receivables within one year -€14,077
down €14,077 (-53.0%), from €26,538 to €12,461
of which Other amounts receivable: -€8,255
- Reserves +€37,562
up €37,562 (+138.6%), from €27,108 to €64,670
of which Distributable reserves: +€37,562
- Debts after one year +€26,317
new in 2024: €26,317
- Current portion of long-term debt +€9,260
new in 2024: €9,260
- Other debts -€7,568
down €7,568 (-58.5%), from €12,939 to €5,371
- Trade debts +€7,090
up €7,090 (+236.4%), from €3,000 to €10,089
- Gross operating margin +€50,627
up €50,627 (+106.1%), from €47,732 to €98,358
- Staff costs +€14,185
up €14,185 (+380.1%), from €3,732 to €17,917
- Taxes +€13,298
up €13,298 (+241.9%), from €5,497 to €18,795
- Depreciation +€10,711
up €10,711 (+283.4%), from €3,780 to €14,491
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 | €157,689 | €227,046 | +€69,358 | +44.0% |
| Fixed assets | 21/28 | €21,520 | €80,605 | +€59,084 | +274.5% |
| Tangible fixed assets | 22/27 | €18,519 | €77,603 | +€59,084 | +319.0% |
| Land and buildings | 22 | €15,404 | €19,939 | +€4,535 | +29.4% |
| Furniture and vehicles | 24 | €3,115 | €9,091 | +€5,977 | +191.9% |
| Leasing and similar rights | 25 | - | €48,572 | +€48,572 | |
| Financial fixed assets | 28 | €3,002 | €3,002 | = | 0.0% |
| Current assets | 29/58 | €136,168 | €146,442 | +€10,274 | +7.5% |
| Amounts receivable within one year | 40/41 | €26,538 | €12,461 | -€14,077 | -53.0% |
| Trade receivables | 40 | €16,704 | €10,882 | -€5,821 | -34.9% |
| Other amounts receivable | 41 | €9,834 | €1,579 | -€8,255 | -83.9% |
| Cash at bank and in hand | 54/58 | €109,630 | €133,980 | +€24,350 | +22.2% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €157,689 | €227,046 | +€69,358 | +44.0% |
| Equity | 10/15 | €135,832 | €173,394 | +€37,562 | +27.7% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €27,108 | €64,670 | +€37,562 | +138.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €25,249 | €62,811 | +€37,562 | +148.8% |
| Profit (loss) carried forward | 14 | €96,329 | €96,329 | = | 0.0% |
| Amounts payable | 17/49 | €21,856 | €53,652 | +€31,796 | +145.5% |
| Amounts payable after more than one year | 17 | - | €26,317 | +€26,317 | |
| Financial debts | 170/4 | - | €26,317 | +€26,317 | |
| Amounts payable within one year | 42/48 | €21,856 | €27,333 | +€5,477 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | - | €9,260 | +€9,260 | |
| Trade debts | 44 | €3,000 | €10,089 | +€7,090 | +236.4% |
| Suppliers | 440/4 | €3,000 | €10,089 | +€7,090 | +236.4% |
| Taxes, remuneration and social security | 45 | €5,918 | €2,613 | -€3,305 | -55.9% |
| Taxes | 450/3 | €5,918 | €109 | -€5,809 | -98.2% |
| Remuneration and social security | 454/9 | - | €2,504 | +€2,504 | |
| Other amounts payable | 47/48 | €12,939 | €5,371 | -€7,568 | -58.5% |
| Accrued charges and deferred income | 492/3 | - | €2 | +€2 | |
| Remuneration, social security and pensions | 62 | €3,732 | €17,917 | +€14,185 | +380.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,780 | €14,491 | +€10,711 | +283.4% |
| Other operating charges | 640/8 | €5,395 | €5,888 | +€492 | +9.1% |
| Gross operating margin | 9900 | €47,732 | €98,358 | +€50,627 | +106.1% |
| Operating profit (loss) | 9901 | €34,824 | €60,062 | +€25,238 | +72.5% |
| Financial income | 75/76B | €1 | €0 | -€0 | -73.3% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -73.3% |
| Financial charges | 65/66B | €4,079 | €3,705 | -€373 | -9.1% |
| Recurring financial charges | 65 | €4,079 | €3,705 | -€373 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €30,746 | €56,357 | +€25,611 | +83.3% |
| Income taxes | 67/77 | €5,497 | €18,795 | +€13,298 | +241.9% |
| Profit (loss) for the period | 9904 | €25,249 | €37,562 | +€12,313 | +48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,249 | €37,562 | +€12,313 | +48.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.