NARCIS DENT: 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.
NARCIS DENT
Largest movements
- Cash +€35,648
up €35,648 (+627%), from €5,684 to €41,332
mainly Net result for the year (+€42,600) and Tax, wage and social debts (+€10,615)
- Receivables within one year +€14,153
up €14,153 (+708%), from €2,000 to €16,153
- Tangible fixed assets +€8,066
new in 2025: €8,066
- Deferred charges and accrued income +€1,810
new in 2025: €1,810
- Formation expenses -€1,082
down €1,082 (-50.7%), from €2,135 to €1,053
- Profit (loss) carried forward +€42,600
up €42,600 (+1,534%), from €2,776 to €45,376
- Tax, wage and social debts +€10,615
up €10,615 (+1,389%), from €764 to €11,379
- Trade debts +€5,380
up €5,380 (+164%), from €3,279 to €8,659
- Gross operating margin +€55,469
up €55,469 (+1,069%), from €5,190 to €60,659
- Taxes +€10,615
up €10,615 (+1,389%), from €764 to €11,379
- Staff costs +€2,774
up €2,774 (+750%), from €370 to €3,144
- Depreciation +€1,987
up €1,987 (+179%), from €1,111 to €3,099
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 | €9,819 | €68,414 | +€58,595 | +597% |
| Formation expenses | 20 | €2,135 | €1,053 | -€1,082 | -50.7% |
| Fixed assets | 21/28 | - | €8,066 | +€8,066 | |
| Tangible fixed assets | 22/27 | - | €8,066 | +€8,066 | |
| Furniture and vehicles | 24 | - | €8,066 | +€8,066 | |
| Current assets | 29/58 | €7,684 | €59,295 | +€51,611 | +672% |
| Amounts receivable within one year | 40/41 | €2,000 | €16,153 | +€14,153 | +708% |
| Trade receivables | 40 | €2,000 | €16,153 | +€14,153 | +708% |
| Cash at bank and in hand | 54/58 | €5,684 | €41,332 | +€35,648 | +627% |
| Deferred charges and accrued income | 490/1 | - | €1,810 | +€1,810 | |
| Total equity and liabilities | 10/49 | €9,819 | €68,414 | +€58,595 | +597% |
| Equity | 10/15 | €5,776 | €48,376 | +€42,600 | +737% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,776 | €45,376 | +€42,600 | +1,534% |
| Amounts payable | 17/49 | €4,043 | €20,038 | +€15,995 | +396% |
| Amounts payable within one year | 42/48 | €4,043 | €20,038 | +€15,995 | +396% |
| Trade debts | 44 | €3,279 | €8,659 | +€5,380 | +164% |
| Suppliers | 440/4 | €3,279 | €8,659 | +€5,380 | +164% |
| Taxes, remuneration and social security | 45 | €764 | €11,379 | +€10,615 | +1,389% |
| Taxes | 450/3 | €764 | €11,379 | +€10,615 | +1,389% |
| Remuneration, social security and pensions | 62 | €370 | €3,144 | +€2,774 | +750% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,111 | €3,099 | +€1,987 | +179% |
| Other operating charges | 640/8 | €118 | €393 | +€275 | +233% |
| Gross operating margin | 9900 | €5,190 | €60,659 | +€55,469 | +1,069% |
| Operating profit (loss) | 9901 | €3,591 | €54,024 | +€50,433 | +1,405% |
| Financial charges | 65/66B | €50 | €45 | -€5 | -10.0% |
| Recurring financial charges | 65 | €50 | €45 | -€5 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €3,541 | €53,979 | +€50,438 | +1,425% |
| Income taxes | 67/77 | €764 | €11,379 | +€10,615 | +1,389% |
| Profit (loss) for the period | 9904 | €2,776 | €42,600 | +€39,823 | +1,434% |
| Profit (loss) for the period to be appropriated | 9905 | €2,776 | €42,600 | +€39,823 | +1,434% |
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 20 October 2026 via checked.be.