N.S. FINITION: 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. FINITION
Largest movements
- Cash -€9,946
down €9,946 (-93.5%), from €10,638 to €692
mainly Trade debts (-€3,863) and Receivables within one year (-€2,932)
- Receivables within one year +€2,932
up €2,932 (+70.7%), from €4,146 to €7,078
- Tangible fixed assets -€365
down €365 (-100%), from €365 to €0
- Trade debts -€3,863
no longer reported in 2025 (was €3,863)
- Profit (loss) carried forward -€1,805
down €1,805 (-32.4%), from €5,574 to €3,769
- Other debts -€1,339
no longer reported in 2025 (was €1,339)
- Tax, wage and social debts -€373
no longer reported in 2025 (was €373)
- Taxes -€1,108
no longer reported in 2025 (was €1,108)
- Gross operating margin -€430
down €430 (-53.6%), from -€802 to -€1,231
- Financial income +€113
up €113 (+1,134,900%), from €0 to €114
- Other operating charges +€108
new in 2025: €108
- Financial charges -€65
down €65 (-23.3%), from €279 to €214
From the 2024 result to the 2025 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.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,148 | €7,769 | -€7,379 | -48.7% |
| Fixed assets | 21/28 | €365 | €0 | -€365 | -100% |
| Tangible fixed assets | 22/27 | €365 | €0 | -€365 | -100% |
| Furniture and vehicles | 24 | €365 | €0 | -€365 | -100% |
| Current assets | 29/58 | €14,784 | €7,769 | -€7,014 | -47.4% |
| Amounts receivable within one year | 40/41 | €4,146 | €7,078 | +€2,932 | +70.7% |
| Other amounts receivable | 41 | €4,146 | €7,078 | +€2,932 | +70.7% |
| Cash at bank and in hand | 54/58 | €10,638 | €692 | -€9,946 | -93.5% |
| Total equity and liabilities | 10/49 | €15,148 | €7,769 | -€7,379 | -48.7% |
| Equity | 10/15 | €9,574 | €7,769 | -€1,805 | -18.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €4,000 | +€4,000 | |
| Other | 1109/19 | - | €4,000 | +€4,000 | |
| Profit (loss) carried forward | 14 | €5,574 | €3,769 | -€1,805 | -32.4% |
| Amounts payable | 17/49 | €5,575 | - | -€5,575 | |
| Amounts payable within one year | 42/48 | €5,575 | - | -€5,575 | |
| Trade debts | 44 | €3,863 | - | -€3,863 | |
| Suppliers | 440/4 | €3,863 | - | -€3,863 | |
| Taxes, remuneration and social security | 45 | €373 | - | -€373 | |
| Taxes | 450/3 | €373 | - | -€373 | |
| Other amounts payable | 47/48 | €1,339 | - | -€1,339 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €429 | €365 | -€64 | -15.0% |
| Other operating charges | 640/8 | - | €108 | +€108 | |
| Gross operating margin | 9900 | -€802 | -€1,231 | -€430 | -53.6% |
| Operating profit (loss) | 9901 | -€1,231 | -€1,704 | -€474 | -38.5% |
| Financial income | 75/76B | €0 | €114 | +€113 | +1,134,900% |
| Recurring financial income | 75 | €0 | €114 | +€113 | +1,134,900% |
| Financial charges | 65/66B | €279 | €214 | -€65 | -23.3% |
| Recurring financial charges | 65 | €279 | €214 | -€65 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,510 | -€1,805 | -€295 | -19.5% |
| Income taxes | 67/77 | €1,108 | - | -€1,108 | |
| Profit (loss) for the period | 9904 | -€2,618 | -€1,805 | +€814 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,618 | -€1,805 | +€814 | +31.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.