N.X. - EXPRESS: 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.X. - EXPRESS
Largest movements
- Cash +€5,198
up €5,198 (+10.6%), from €48,826 to €54,024
mainly Net result for the year (+€8,200)
- Profit (loss) carried forward +€8,200
up €8,200 (+94.8%), from €8,652 to €16,852
- Trade debts -€1,472
down €1,472 (-45.1%), from €3,264 to €1,792
- Tax, wage and social debts -€1,177
down €1,177 (-11.5%), from €10,274 to €9,097
of which Remuneration and social security: -€5,134
- Staff costs -€9,361
down €9,361 (-20.6%), from €45,513 to €36,152
- Gross operating margin -€5,368
down €5,368 (-10.2%), from €52,630 to €47,262
- Taxes +€958
up €958 (+49.7%), from €1,928 to €2,886
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 | €60,692 | €66,243 | +€5,551 | +9.1% |
| Fixed assets | 21/28 | €281 | €281 | = | 0.0% |
| Financial fixed assets | 28 | €281 | €281 | = | 0.0% |
| Current assets | 29/58 | €60,411 | €65,962 | +€5,551 | +9.2% |
| Amounts receivable within one year | 40/41 | €11,585 | €11,938 | +€353 | +3.0% |
| Trade receivables | 40 | €11,585 | €11,938 | +€353 | +3.0% |
| Cash at bank and in hand | 54/58 | €48,826 | €54,024 | +€5,198 | +10.6% |
| Total equity and liabilities | 10/49 | €60,692 | €66,243 | +€5,551 | +9.1% |
| Equity | 10/15 | €27,244 | €35,444 | +€8,200 | +30.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,652 | €16,852 | +€8,200 | +94.8% |
| Amounts payable | 17/49 | €33,448 | €30,799 | -€2,649 | -7.9% |
| Amounts payable after more than one year | 17 | €19,910 | €19,910 | = | 0.0% |
| Other amounts payable | 178/9 | €19,910 | €19,910 | = | 0.0% |
| Amounts payable within one year | 42/48 | €13,538 | €10,889 | -€2,649 | -19.6% |
| Trade debts | 44 | €3,264 | €1,792 | -€1,472 | -45.1% |
| Suppliers | 440/4 | €3,264 | €1,792 | -€1,472 | -45.1% |
| Taxes, remuneration and social security | 45 | €10,274 | €9,097 | -€1,177 | -11.5% |
| Taxes | 450/3 | €5,140 | €9,097 | +€3,957 | +77.0% |
| Remuneration and social security | 454/9 | €5,134 | - | -€5,134 | |
| Remuneration, social security and pensions | 62 | €45,513 | €36,152 | -€9,361 | -20.6% |
| Other operating charges | 640/8 | €197 | - | -€197 | |
| Gross operating margin | 9900 | €52,630 | €47,262 | -€5,368 | -10.2% |
| Operating profit (loss) | 9901 | €6,920 | €11,110 | +€4,190 | +60.5% |
| Financial charges | 65/66B | €66 | €24 | -€42 | -63.6% |
| Recurring financial charges | 65 | €66 | €24 | -€42 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | €6,854 | €11,086 | +€4,232 | +61.7% |
| Income taxes | 67/77 | €1,928 | €2,886 | +€958 | +49.7% |
| Profit (loss) for the period | 9904 | €4,926 | €8,200 | +€3,274 | +66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,926 | €8,200 | +€3,274 | +66.5% |
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 8 October 2026 via checked.be.