N.S. Système: 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.S. Système
Largest movements
- Receivables within one year -€11,418
down €11,418 (-61.2%), from €18,665 to €7,246
of which Trade receivables: -€10,271
- Stocks and contracts +€9,833
up €9,833 (+800.1%), from €1,229 to €11,062
of which Contracts in progress: +€5,983
- Tangible fixed assets -€4,415
down €4,415 (-48.9%), from €9,030 to €4,615
of which Plant, machinery and equipment: -€2,500
- Cash +€1,371
up €1,371 (+100.2%), from €1,369 to €2,740
mainly Receivables within one year (+€11,418) and Net result for the year (+€7,185)
- Trade debts -€10,318
down €10,318 (-67.0%), from €15,401 to €5,083
- Profit (loss) carried forward +€7,185
up €7,185, from -€35 to €7,150
- Other debts -€4,322
down €4,322 (-54.1%), from €7,995 to €3,673
- Tax, wage and social debts +€2,762
up €2,762 (+54.9%), from €5,029 to €7,791
of which Taxes: +€3,977
- Turnover -€93,045
no longer reported in 2025 (was €93,045)
- Purchases and services -€92,014
no longer reported in 2025 (was €92,014)
- Gross operating margin +€4,926
up €4,926 (+15.0%), from €32,940 to €37,866
- Staff costs -€2,544
down €2,544 (-12.5%), from €20,314 to €17,770
- Taxes +€2,465
up €2,465 (+136.2%), from €1,810 to €4,275
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.
Cash bridge derived
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 | €30,890 | €26,197 | -€4,694 | -15.2% |
| Fixed assets | 21/28 | €9,294 | €4,879 | -€4,415 | -47.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €9,030 | €4,615 | -€4,415 | -48.9% |
| Plant, machinery and equipment | 23 | €5,635 | €3,135 | -€2,500 | -44.4% |
| Furniture and vehicles | 24 | €3,395 | €1,480 | -€1,915 | -56.4% |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | €265 | €265 | = | 0.0% |
| Current assets | 29/58 | €21,596 | €21,317 | -€279 | -1.3% |
| Stocks and contracts in progress | 3 | €1,229 | €11,062 | +€9,833 | +800.1% |
| Stocks | 30/36 | - | €3,850 | +€3,850 | |
| Contracts in progress | 37 | €1,229 | €7,212 | +€5,983 | +486.8% |
| Amounts receivable within one year | 40/41 | €18,665 | €7,246 | -€11,418 | -61.2% |
| Trade receivables | 40 | €16,130 | €5,859 | -€10,271 | -63.7% |
| Other amounts receivable | 41 | €2,535 | €1,387 | -€1,148 | -45.3% |
| Cash at bank and in hand | 54/58 | €1,369 | €2,740 | +€1,371 | +100.2% |
| Deferred charges and accrued income | 490/1 | €334 | €269 | -€65 | -19.3% |
| Total equity and liabilities | 10/49 | €30,890 | €26,197 | -€4,694 | -15.2% |
| Equity | 10/15 | €2,465 | €9,650 | +€7,185 | +291.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35 | €7,150 | +€7,185 | |
| Amounts payable | 17/49 | €28,425 | €16,547 | -€11,878 | -41.8% |
| Amounts payable within one year | 42/48 | €28,425 | €16,547 | -€11,878 | -41.8% |
| Trade debts | 44 | €15,401 | €5,083 | -€10,318 | -67.0% |
| Suppliers | 440/4 | €15,401 | €5,083 | -€10,318 | -67.0% |
| Taxes, remuneration and social security | 45 | €5,029 | €7,791 | +€2,762 | +54.9% |
| Taxes | 450/3 | €2,108 | €6,085 | +€3,977 | +188.7% |
| Remuneration and social security | 454/9 | €2,921 | €1,706 | -€1,215 | -41.6% |
| Other amounts payable | 47/48 | €7,995 | €3,673 | -€4,322 | -54.1% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | €93,045 | - | -€93,045 | |
| Goods, raw materials, services and sundry goods | 60/61 | €92,014 | - | -€92,014 | |
| Remuneration, social security and pensions | 62 | €20,314 | €17,770 | -€2,544 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,273 | €4,915 | -€358 | -6.8% |
| Other operating charges | 640/8 | €984 | €1,341 | +€358 | +36.3% |
| Non-recurring operating charges | 66A | €292 | - | -€292 | |
| Gross operating margin | 9900 | €32,940 | €37,866 | +€4,926 | +15.0% |
| Operating profit (loss) | 9901 | €6,078 | €13,840 | +€7,762 | +127.7% |
| Financial income | 75/76B | €440 | €5 | -€436 | -99.0% |
| Recurring financial income | 75 | €440 | €5 | -€436 | -99.0% |
| Financial charges | 65/66B | €2,013 | €2,385 | +€372 | +18.5% |
| Recurring financial charges | 65 | €2,013 | €2,385 | +€372 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €4,505 | €11,460 | +€6,954 | +154.4% |
| Income taxes | 67/77 | €1,810 | €4,275 | +€2,465 | +136.2% |
| Profit (loss) for the period | 9904 | €2,695 | €7,185 | +€4,489 | +166.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,695 | €7,185 | +€4,489 | +166.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.