NCAH: 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.
NCAH
Largest movements
- Receivables after one year +€27,000
up €27,000 (+24.5%), from €110,000 to €137,000
- Cash -€14,720
down €14,720 (-36.5%), from €40,359 to €25,638
mainly Investment in fixed assets (net) (-€29,629) and Other debts (-€29,426)
- Tangible fixed assets +€14,254
up €14,254 (+63.1%), from €22,603 to €36,857
- Deferred charges and accrued income +€2,750
up €2,750 (+50.0%), from €5,500 to €8,250
- Trade debts +€83,223
up €83,223 (+261.2%), from €31,857 to €115,080
- Other debts -€29,426
down €29,426 (-98.7%), from €29,821 to €395
- Tax, wage and social debts -€24,159
down €24,159 (-22.6%), from €106,689 to €82,531
of which Taxes: -€23,295
- Staff costs +€69,761
up €69,761 (+10.6%), from €658,531 to €728,292
- Gross operating margin +€35,065
up €35,065 (+4.8%), from €727,275 to €762,340
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €233,076 | €263,211 | +€30,135 | +12.9% |
| Fixed assets | 21/28 | €22,603 | €36,857 | +€14,254 | +63.1% |
| Tangible fixed assets | 22/27 | €22,603 | €36,857 | +€14,254 | +63.1% |
| Land and buildings | 22 | €3,238 | €8,760 | +€5,522 | +170.5% |
| Plant, machinery and equipment | 23 | €11,087 | €15,109 | +€4,022 | +36.3% |
| Furniture and vehicles | 24 | €8,278 | €12,987 | +€4,710 | +56.9% |
| Current assets | 29/58 | €210,473 | €226,354 | +€15,881 | +7.5% |
| Amounts receivable after more than one year | 29 | €110,000 | €137,000 | +€27,000 | +24.5% |
| Other amounts receivable | 291 | €110,000 | €137,000 | +€27,000 | +24.5% |
| Amounts receivable within one year | 40/41 | €54,614 | €55,465 | +€851 | +1.6% |
| Trade receivables | 40 | €3,042 | €3,669 | +€628 | +20.6% |
| Other amounts receivable | 41 | €51,573 | €51,796 | +€223 | +0.4% |
| Cash at bank and in hand | 54/58 | €40,359 | €25,638 | -€14,720 | -36.5% |
| Deferred charges and accrued income | 490/1 | €5,500 | €8,250 | +€2,750 | +50.0% |
| Total equity and liabilities | 10/49 | €233,076 | €263,211 | +€30,135 | +12.9% |
| Equity | 10/15 | €64,708 | €65,205 | +€497 | +0.8% |
| Reserves | 13 | €64,700 | €64,700 | = | 0.0% |
| Distributable reserves | 133 | €64,700 | €64,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8 | €505 | +€497 | +6022.4% |
| Amounts payable | 17/49 | €168,368 | €198,005 | +€29,638 | +17.6% |
| Amounts payable within one year | 42/48 | €168,368 | €198,005 | +€29,638 | +17.6% |
| Trade debts | 44 | €31,857 | €115,080 | +€83,223 | +261.2% |
| Suppliers | 440/4 | €31,857 | €115,080 | +€83,223 | +261.2% |
| Taxes, remuneration and social security | 45 | €106,689 | €82,531 | -€24,159 | -22.6% |
| Taxes | 450/3 | €48,888 | €25,593 | -€23,295 | -47.6% |
| Remuneration and social security | 454/9 | €57,801 | €56,938 | -€863 | -1.5% |
| Other amounts payable | 47/48 | €29,821 | €395 | -€29,426 | -98.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €658,531 | €728,292 | +€69,761 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,904 | €15,375 | -€2,529 | -14.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €15,499 | €10,018 | -€5,482 | -35.4% |
| Gross operating margin | 9900 | €727,275 | €762,340 | +€35,065 | +4.8% |
| Operating profit (loss) | 9901 | €35,341 | €8,656 | -€26,685 | -75.5% |
| Financial income | 75/76B | €2,859 | €3,004 | +€145 | +5.1% |
| Recurring financial income | 75 | €2,859 | €3,004 | +€145 | +5.1% |
| Financial charges | 65/66B | €4,197 | €632 | -€3,565 | -84.9% |
| Recurring financial charges | 65 | €4,197 | €632 | -€3,565 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | €34,003 | €11,028 | -€22,975 | -67.6% |
| Income taxes | 67/77 | €15,497 | €10,531 | -€4,966 | -32.0% |
| Profit (loss) for the period | 9904 | €18,506 | €497 | -€18,009 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,506 | €497 | -€18,009 | -97.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.