N&T ISO: 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&T ISO
Largest movements
- Cash -€72,164
down €72,164 (-40.7%), from €177,261 to €105,096
mainly Net result for the year (-€69,401) and Investment in fixed assets (net) (-€1,479)
- Profit (loss) carried forward -€69,401
down €69,401 (-31.4%), from €220,946 to €151,545
- Gross operating margin -€201,658
down €201,658, from €139,983 to -€61,676
- Taxes -€7,300
down €7,300 (-63.2%), from €11,550 to €4,250
- Staff costs +€2,777
new in 2024: €2,777
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.
Derived cash bridge
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 | €230,222 | €160,377 | -€69,845 | -30.3% |
| Fixed assets | 21/28 | €853 | €1,782 | +€930 | +109% |
| Tangible fixed assets | 22/27 | €853 | €1,782 | +€930 | +109% |
| Furniture and vehicles | 24 | €853 | €1,782 | +€930 | +109% |
| Current assets | 29/58 | €229,370 | €158,595 | -€70,774 | -30.9% |
| Amounts receivable within one year | 40/41 | €52,109 | €53,499 | +€1,390 | +2.7% |
| Trade receivables | 40 | €33,063 | €25,413 | -€7,650 | -23.1% |
| Other amounts receivable | 41 | €19,046 | €28,086 | +€9,040 | +47.5% |
| Cash at bank and in hand | 54/58 | €177,261 | €105,096 | -€72,164 | -40.7% |
| Total equity and liabilities | 10/49 | €230,222 | €160,377 | -€69,845 | -30.3% |
| Equity | 10/15 | €227,446 | €158,045 | -€69,401 | -30.5% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €220,946 | €151,545 | -€69,401 | -31.4% |
| Amounts payable | 17/49 | €2,776 | €2,332 | -€444 | -16.0% |
| Amounts payable within one year | 42/48 | €2,776 | €2,332 | -€444 | -16.0% |
| Trade debts | 44 | €2,776 | €2,332 | -€444 | -16.0% |
| Suppliers | 440/4 | €2,776 | €2,332 | -€444 | -16.0% |
| Remuneration, social security and pensions | 62 | - | €2,777 | +€2,777 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €426 | €550 | +€123 | +28.9% |
| Other operating charges | 640/8 | €513 | €149 | -€364 | -71.0% |
| Gross operating margin | 9900 | €139,983 | -€61,676 | -€201,658 | |
| Operating profit (loss) | 9901 | €139,043 | -€65,151 | -€204,194 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €50 | - | -€50 | |
| Recurring financial charges | 65 | €50 | - | -€50 | |
| Profit (loss) for the period before taxes | 9903 | €138,993 | -€65,151 | -€204,144 | |
| Income taxes | 67/77 | €11,550 | €4,250 | -€7,300 | -63.2% |
| Profit (loss) for the period | 9904 | €127,443 | -€69,401 | -€196,844 | |
| Profit (loss) for the period to be appropriated | 9905 | €127,443 | -€69,401 | -€196,844 |
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 31 October 2026 via checked.be.