NCC INTERNATIONAL: what changed
NCC INTERNATIONAL
Largest movements
- Receivables within one year +€32,771
up €32,771 (+12.1%), from €271,292 to €304,063
of which Other amounts receivable: +€62,105
- Stocks and contracts +€24,197
up €24,197 (+17.1%), from €141,561 to €165,759
- Tangible fixed assets -€18,272
down €18,272 (-23.1%), from €79,099 to €60,826
of which Other tangible fixed assets: -€11,438
- Cash -€9,793
down €9,793 (-3.5%), from €279,231 to €269,438
mainly Trade debts (-€48,621) and Receivables within one year (-€32,771)
- Profit (loss) carried forward +€48,758
up €48,758 (+33.3%), from €146,614 to €195,372
- Trade debts -€48,621
down €48,621 (-13.4%), from €364,062 to €315,441
- Advances received +€14,931
up €14,931 (+15.7%), from €95,333 to €110,264
- Tax, wage and social debts +€13,579
up €13,579 (+21.8%), from €62,423 to €76,002
of which Taxes: +€15,990
- Gross operating margin -€31,488
down €31,488 (-11.4%), from €276,615 to €245,127
- Staff costs -€29,271
down €29,271 (-15.9%), from €183,561 to €154,290
- Financial income +€6,406
up €6,406 (+225%), from €2,848 to €9,254
- Depreciation +€3,039
up €3,039 (+15.2%), from €19,958 to €22,997
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €771,182 | €800,086 | +€28,904 | +3.7% |
| Fixed assets | 21/28 | €79,099 | €60,826 | -€18,272 | -23.1% |
| Tangible fixed assets | 22/27 | €79,099 | €60,826 | -€18,272 | -23.1% |
| Plant, machinery and equipment | 23 | €20,301 | €15,402 | -€4,899 | -24.1% |
| Furniture and vehicles | 24 | €2,742 | €806 | -€1,935 | -70.6% |
| Other tangible fixed assets | 26 | €56,056 | €44,618 | -€11,438 | -20.4% |
| Current assets | 29/58 | €692,084 | €739,260 | +€47,176 | +6.8% |
| Stocks and contracts in progress | 3 | €141,561 | €165,759 | +€24,197 | +17.1% |
| Stocks | 30/36 | €141,561 | €165,759 | +€24,197 | +17.1% |
| Amounts receivable within one year | 40/41 | €271,292 | €304,063 | +€32,771 | +12.1% |
| Trade receivables | 40 | €58,422 | €29,089 | -€29,334 | -50.2% |
| Other amounts receivable | 41 | €212,870 | €274,974 | +€62,105 | +29.2% |
| Cash at bank and in hand | 54/58 | €279,231 | €269,438 | -€9,793 | -3.5% |
| Total equity and liabilities | 10/49 | €771,182 | €800,086 | +€28,904 | +3.7% |
| Equity | 10/15 | €247,614 | €296,372 | +€48,758 | +19.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,614 | €195,372 | +€48,758 | +33.3% |
| Amounts payable | 17/49 | €523,568 | €503,714 | -€19,854 | -3.8% |
| Amounts payable within one year | 42/48 | €523,568 | €503,714 | -€19,854 | -3.8% |
| Trade debts | 44 | €364,062 | €315,441 | -€48,621 | -13.4% |
| Suppliers | 440/4 | €364,062 | €315,441 | -€48,621 | -13.4% |
| Advances received on contracts in progress | 46 | €95,333 | €110,264 | +€14,931 | +15.7% |
| Taxes, remuneration and social security | 45 | €62,423 | €76,002 | +€13,579 | +21.8% |
| Taxes | 450/3 | €37,801 | €53,791 | +€15,990 | +42.3% |
| Remuneration and social security | 454/9 | €24,622 | €22,211 | -€2,411 | -9.8% |
| Other amounts payable | 47/48 | €1,750 | €2,007 | +€257 | +14.7% |
| Remuneration, social security and pensions | 62 | €183,561 | €154,290 | -€29,271 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,958 | €22,997 | +€3,039 | +15.2% |
| Other operating charges | 640/8 | €2,190 | €697 | -€1,492 | -68.2% |
| Gross operating margin | 9900 | €276,615 | €245,127 | -€31,488 | -11.4% |
| Operating profit (loss) | 9901 | €70,907 | €67,142 | -€3,764 | -5.3% |
| Financial income | 75/76B | €2,848 | €9,254 | +€6,406 | +225% |
| Recurring financial income | 75 | €2,848 | €9,254 | +€6,406 | +225% |
| Financial charges | 65/66B | €6,733 | €4,684 | -€2,049 | -30.4% |
| Recurring financial charges | 65 | €6,733 | €4,684 | -€2,049 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €67,022 | €71,712 | +€4,691 | +7.0% |
| Income taxes | 67/77 | €22,008 | €22,954 | +€946 | +4.3% |
| Profit (loss) for the period | 9904 | €45,014 | €48,758 | +€3,744 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,014 | €48,758 | +€3,744 | +8.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.