NC ACCOUNTANCY: 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.
NC ACCOUNTANCY
Largest movements
- Cash +€151,566
up €151,566 (+132%), from €114,818 to €266,383
mainly Current investments (+€90,000) and Net result for the year (+€65,310)
- Current investments -€90,000
no longer reported in 2025 (was €90,000)
- Tangible fixed assets -€12,979
down €12,979 (-22.3%), from €58,170 to €45,191
- Deferred charges and accrued income -€4,961
no longer reported in 2025 (was €4,961)
- Reserves +€65,310
up €65,310 (+34.3%), from €190,264 to €255,574
- Tax, wage and social debts -€16,636
down €16,636 (-25.7%), from €64,672 to €48,036
- Trade debts -€5,430
down €5,430 (-98.8%), from €5,498 to €68
- Depreciation +€6,254
up €6,254 (+93.0%), from €6,725 to €12,979
- Gross operating margin -€4,451
down €4,451 (-4.2%), from €106,487 to €102,036
- Taxes -€3,262
down €3,262 (-11.5%), from €28,371 to €25,109
- Financial income -€1,924
down €1,924 (-49.2%), from €3,913 to €1,989
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 | €267,948 | €311,574 | +€43,626 | +16.3% |
| Fixed assets | 21/28 | €58,170 | €45,191 | -€12,979 | -22.3% |
| Tangible fixed assets | 22/27 | €58,170 | €45,191 | -€12,979 | -22.3% |
| Furniture and vehicles | 24 | €58,170 | €45,191 | -€12,979 | -22.3% |
| Current assets | 29/58 | €209,778 | €266,383 | +€56,605 | +27.0% |
| Current investments | 50/53 | €90,000 | - | -€90,000 | |
| Cash at bank and in hand | 54/58 | €114,818 | €266,383 | +€151,566 | +132% |
| Deferred charges and accrued income | 490/1 | €4,961 | - | -€4,961 | |
| Total equity and liabilities | 10/49 | €267,948 | €311,574 | +€43,626 | +16.3% |
| Equity | 10/15 | €195,264 | €260,574 | +€65,310 | +33.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €190,264 | €255,574 | +€65,310 | +34.3% |
| Distributable reserves | 133 | €190,264 | €255,574 | +€65,310 | +34.3% |
| Amounts payable | 17/49 | €72,684 | €51,001 | -€21,684 | -29.8% |
| Amounts payable within one year | 42/48 | €71,196 | €50,872 | -€20,325 | -28.5% |
| Trade debts | 44 | €5,498 | €68 | -€5,430 | -98.8% |
| Suppliers | 440/4 | €5,498 | €68 | -€5,430 | -98.8% |
| Taxes, remuneration and social security | 45 | €64,672 | €48,036 | -€16,636 | -25.7% |
| Taxes | 450/3 | €64,672 | €48,036 | -€16,636 | -25.7% |
| Other amounts payable | 47/48 | €1,026 | €2,767 | +€1,741 | +170% |
| Accrued charges and deferred income | 492/3 | €1,488 | €129 | -€1,359 | -91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,725 | €12,979 | +€6,254 | +93.0% |
| Other operating charges | 640/8 | €756 | €529 | -€227 | -30.0% |
| Gross operating margin | 9900 | €106,487 | €102,036 | -€4,451 | -4.2% |
| Operating profit (loss) | 9901 | €99,006 | €88,528 | -€10,478 | -10.6% |
| Financial income | 75/76B | €3,913 | €1,989 | -€1,924 | -49.2% |
| Recurring financial income | 75 | €3,913 | €1,989 | -€1,924 | -49.2% |
| Financial charges | 65/66B | €379 | €99 | -€280 | -74.0% |
| Recurring financial charges | 65 | €379 | €99 | -€280 | -74.0% |
| Profit (loss) for the period before taxes | 9903 | €102,540 | €90,419 | -€12,122 | -11.8% |
| Income taxes | 67/77 | €28,371 | €25,109 | -€3,262 | -11.5% |
| Profit (loss) for the period | 9904 | €74,170 | €65,310 | -€8,860 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €74,170 | €65,310 | -€8,860 | -11.9% |
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 28 October 2026 via checked.be.