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NC1302: 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.

What changed

NC1302

BE 0735.832.003
NACE 46.495, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€35,225
2024 · -€16,974+€52,198
Equity
€15,350
2024 · -€19,875+€35,225
Cash
€63,327
2024 · €8,248+€55,079
Balance sheet total
€441,004
2024 · €414,309+€26,695

Largest movements

2024 to 2025
Assets
  • Cash +€55,079

    up €55,079 (+667.8%), from €8,248 to €63,327

    mainly Depreciation (+€41,207) and Net result for the year (+€35,225)

  • Tangible fixed assets -€37,190

    down €37,190 (-11.4%), from €325,414 to €288,224

    of which Furniture and vehicles: -€23,802

  • Receivables within one year +€22,989

    up €22,989 (+179.9%), from €12,776 to €35,765

    of which Trade receivables: +€23,659

  • Intangible fixed assets -€14,842

    down €14,842 (-22.0%), from €67,409 to €52,568

Equity and liabilities
  • Profit (loss) carried forward +€22,375

    up €22,375, from -€22,375 to €0

  • Debts after one year -€18,706

    down €18,706 (-11.2%), from €166,778 to €148,072

  • Tax, wage and social debts +€17,769

    up €17,769, from €0 to €17,769

    of which Taxes: +€12,169

  • Reserves +€12,850

    new in 2025: €12,850

  • Other debts +€12,027

    up €12,027 (+5.4%), from €224,106 to €236,133

Income statement
  • Gross operating margin +€57,435

    up €57,435 (+184.4%), from €31,153 to €88,589

  • Taxes +€5,099

    new in 2025: €5,099

  • Depreciation -€1,943

    down €1,943 (-4.5%), from €43,150 to €41,207

  • Other operating charges +€1,669

    up €1,669 (+81.8%), from €2,041 to €3,710

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€16,974
Gross operating margin +€57,435
Depreciation +€1,943
Other operating charges -€1,669
Financial income -€61
Financial charges -€352
Taxes -€5,099
Result 2025 €35,225

Cash bridge derived

cash 2024 to 2025

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.

From operations +€72,951
Investment +€10,825
Financing -€28,696
Cash 2024 €8,248
Net result for the year +€35,225
Depreciation +€41,207
Receivables within one year -€22,989
Deferred charges and accrued income -€658
Trade debts -€9,630
Tax, wage and social debts +€17,769
Other debts +€12,027
Investment in fixed assets (net) +€10,825
Debts after one year -€18,706
Current portion of long-term debt -€9,990
Cash 2025 €63,327
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €414,309 €441,004 +€26,695 +6.4%
Fixed assets 21/28 €392,823 €340,792 -€52,032 -13.2%
Intangible fixed assets 21 €67,409 €52,568 -€14,842 -22.0%
Tangible fixed assets 22/27 €325,414 €288,224 -€37,190 -11.4%
Land and buildings 22 €294,781 €281,927 -€12,854 -4.4%
Plant, machinery and equipment 23 €1,278 €744 -€534 -41.8%
Furniture and vehicles 24 €29,355 €5,554 -€23,802 -81.1%
Current assets 29/58 €21,486 €100,212 +€78,726 +366.4%
Amounts receivable within one year 40/41 €12,776 €35,765 +€22,989 +179.9%
Trade receivables 40 €11,813 €35,472 +€23,659 +200.3%
Other amounts receivable 41 €963 €293 -€669 -69.5%
Cash at bank and in hand 54/58 €8,248 €63,327 +€55,079 +667.8%
Deferred charges and accrued income 490/1 €462 €1,120 +€658 +142.5%
Total equity and liabilities 10/49 €414,309 €441,004 +€26,695 +6.4%
Equity 10/15 -€19,875 €15,350 +€35,225
Contributions 10/11 €2,500 €2,500 = 0.0%
Reserves 13 - €12,850 +€12,850
Distributable reserves 133 - €12,850 +€12,850
Profit (loss) carried forward 14 -€22,375 €0 +€22,375
Amounts payable 17/49 €434,184 €425,654 -€8,530 -2.0%
Amounts payable after more than one year 17 €166,778 €148,072 -€18,706 -11.2%
Financial debts 170/4 €166,778 €148,072 -€18,706 -11.2%
Amounts payable within one year 42/48 €267,406 €277,582 +€10,176 +3.8%
Current portion of amounts payable after more than one year 42 €19,322 €9,331 -€9,990 -51.7%
Trade debts 44 €23,978 €14,348 -€9,630 -40.2%
Suppliers 440/4 €23,978 €14,348 -€9,630 -40.2%
Taxes, remuneration and social security 45 €0 €17,769 +€17,769
Taxes 450/3 €0 €12,169 +€12,169
Remuneration and social security 454/9 €0 €5,600 +€5,600
Other amounts payable 47/48 €224,106 €236,133 +€12,027 +5.4%
Non-recurring operating income 76A - €14,148 +€14,148
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €43,150 €41,207 -€1,943 -4.5%
Other operating charges 640/8 €2,041 €3,710 +€1,669 +81.8%
Gross operating margin 9900 €31,153 €88,589 +€57,435 +184.4%
Operating profit (loss) 9901 -€14,038 €43,672 +€57,709
Financial income 75/76B €61 €0 -€61 -100.0%
Recurring financial income 75 €61 €0 -€61 -100.0%
Financial charges 65/66B €2,997 €3,349 +€352 +11.7%
Recurring financial charges 65 €2,997 €3,349 +€352 +11.7%
Profit (loss) for the period before taxes 9903 -€16,974 €40,323 +€57,297
Income taxes 67/77 - €5,099 +€5,099
Profit (loss) for the period 9904 -€16,974 €35,225 +€52,198
Profit (loss) for the period to be appropriated 9905 -€16,974 €35,225 +€52,198

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.