NC SALES: 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.
NC SALES
Largest movements
- Tangible fixed assets -€444
down €444 (-100.0%), from €444 to €0
- Receivables within one year -€288
down €288 (-63.0%), from €457 to €169
of which Trade receivables: -€380
- Cash -€133
down €133 (-86.5%), from €154 to €21
mainly Net result for the year (-€1,689) and Trade debts (-€27)
- Profit (loss) carried forward -€1,689
down €1,689 (-39.5%), from -€4,278 to -€5,967
- Other debts +€851
up €851 (+65.2%), from €1,306 to €2,157
- Trade debts -€27
down €27 (-100.0%), from €27 to €0
- Gross operating margin -€19,096
down €19,096, from €17,906 to -€1,189
- Depreciation -€384
down €384 (-46.4%), from €828 to €444
- Other operating charges -€294
down €294 (-100.0%), from €294 to €0
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 | €1,055 | €190 | -€865 | -82.0% |
| Fixed assets | 21/28 | €444 | €0 | -€444 | -100.0% |
| Tangible fixed assets | 22/27 | €444 | €0 | -€444 | -100.0% |
| Plant, machinery and equipment | 23 | €444 | €0 | -€444 | -100.0% |
| Current assets | 29/58 | €611 | €190 | -€421 | -68.9% |
| Amounts receivable within one year | 40/41 | €457 | €169 | -€288 | -63.0% |
| Trade receivables | 40 | €380 | €0 | -€380 | -100.0% |
| Other amounts receivable | 41 | €78 | €169 | +€92 | +117.8% |
| Cash at bank and in hand | 54/58 | €154 | €21 | -€133 | -86.5% |
| Total equity and liabilities | 10/49 | €1,055 | €190 | -€865 | -82.0% |
| Equity | 10/15 | -€278 | -€1,967 | -€1,689 | -607.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,278 | -€5,967 | -€1,689 | -39.5% |
| Amounts payable | 17/49 | €1,333 | €2,157 | +€824 | +61.8% |
| Amounts payable within one year | 42/48 | €1,333 | €2,157 | +€824 | +61.8% |
| Trade debts | 44 | €27 | €0 | -€27 | -100.0% |
| Suppliers | 440/4 | €27 | €0 | -€27 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,306 | €2,157 | +€851 | +65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €828 | €444 | -€384 | -46.4% |
| Other operating charges | 640/8 | €294 | €0 | -€294 | -100.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €17,906 | -€1,189 | -€19,096 | |
| Operating profit (loss) | 9901 | €16,784 | -€1,633 | -€18,418 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €100 | €55 | -€45 | -44.7% |
| Recurring financial charges | 65 | €100 | €55 | -€45 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | €16,685 | -€1,689 | -€18,374 | |
| Income taxes | 67/77 | €80 | €0 | -€80 | -100.0% |
| Profit (loss) for the period | 9904 | €16,605 | -€1,689 | -€18,294 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,605 | -€1,689 | -€18,294 |
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.