ncElement: 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.
ncElement
Largest movements
- Cash +€10,976
up €10,976 (+54.8%), from €20,043 to €31,019
mainly Net result for the year (+€10,570) and Depreciation (+€6,885)
- Tangible fixed assets -€6,885
down €6,885 (-27.7%), from €24,868 to €17,983
of which Furniture and vehicles: -€6,374
- Receivables within one year -€1,404
down €1,404 (-12.2%), from €11,548 to €10,144
of which Other amounts receivable: -€1,235
- Reserves +€5,570
up €5,570 (+34.5%), from €16,146 to €21,716
of which Distributable reserves: +€5,570
- Debts after one year -€4,549
down €4,549 (-100.0%), from €4,549 to €0
- Tax, wage and social debts +€4,015
up €4,015 (+35.5%), from €11,307 to €15,322
of which Taxes: +€4,015
- Current portion of long-term debt -€1,954
down €1,954 (-30.0%), from €6,502 to €4,549
- Other debts -€1,126
down €1,126 (-11.3%), from €10,000 to €8,874
- Other operating charges -€726
down €726 (-42.4%), from €1,710 to €985
- Depreciation -€705
down €705 (-9.3%), from €7,589 to €6,885
- Gross operating margin -€654
down €654 (-2.7%), from €24,659 to €24,005
- Financial charges -€435
down €435 (-21.5%), from €2,023 to €1,588
- Taxes +€296
up €296 (+8.0%), from €3,717 to €4,013
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 | €57,560 | €60,273 | +€2,713 | +4.7% |
| Fixed assets | 21/28 | €24,868 | €17,983 | -€6,885 | -27.7% |
| Tangible fixed assets | 22/27 | €24,868 | €17,983 | -€6,885 | -27.7% |
| Plant, machinery and equipment | 23 | €4,259 | €3,748 | -€511 | -12.0% |
| Furniture and vehicles | 24 | €20,609 | €14,235 | -€6,374 | -30.9% |
| Current assets | 29/58 | €32,692 | €42,290 | +€9,598 | +29.4% |
| Amounts receivable within one year | 40/41 | €11,548 | €10,144 | -€1,404 | -12.2% |
| Trade receivables | 40 | €10,285 | €10,116 | -€169 | -1.6% |
| Other amounts receivable | 41 | €1,263 | €28 | -€1,235 | -97.8% |
| Cash at bank and in hand | 54/58 | €20,043 | €31,019 | +€10,976 | +54.8% |
| Deferred charges and accrued income | 490/1 | €1,101 | €1,127 | +€26 | +2.3% |
| Total equity and liabilities | 10/49 | €57,560 | €60,273 | +€2,713 | +4.7% |
| Equity | 10/15 | €23,146 | €28,716 | +€5,570 | +24.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €16,146 | €21,716 | +€5,570 | +34.5% |
| Tax-exempt reserves | 132 | €30 | €30 | = | 0.0% |
| Distributable reserves | 133 | €16,116 | €21,686 | +€5,570 | +34.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €34,414 | €31,557 | -€2,857 | -8.3% |
| Amounts payable after more than one year | 17 | €4,549 | €0 | -€4,549 | -100.0% |
| Financial debts | 170/4 | €4,549 | €0 | -€4,549 | -100.0% |
| Amounts payable within one year | 42/48 | €29,722 | €31,420 | +€1,698 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €6,502 | €4,549 | -€1,954 | -30.0% |
| Trade debts | 44 | €1,913 | €2,675 | +€762 | +39.8% |
| Suppliers | 440/4 | €1,913 | €2,675 | +€762 | +39.8% |
| Taxes, remuneration and social security | 45 | €11,307 | €15,322 | +€4,015 | +35.5% |
| Taxes | 450/3 | €8,807 | €12,822 | +€4,015 | +45.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €10,000 | €8,874 | -€1,126 | -11.3% |
| Accrued charges and deferred income | 492/3 | €143 | €137 | -€6 | -4.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,589 | €6,885 | -€705 | -9.3% |
| Other operating charges | 640/8 | €1,710 | €985 | -€726 | -42.4% |
| Gross operating margin | 9900 | €24,659 | €24,005 | -€654 | -2.7% |
| Operating profit (loss) | 9901 | €15,359 | €16,136 | +€776 | +5.1% |
| Financial income | 75/76B | €38 | €36 | -€2 | -5.4% |
| Recurring financial income | 75 | €38 | €36 | -€2 | -5.4% |
| Financial charges | 65/66B | €2,023 | €1,588 | -€435 | -21.5% |
| Recurring financial charges | 65 | €2,023 | €1,588 | -€435 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €13,374 | €14,583 | +€1,210 | +9.0% |
| Income taxes | 67/77 | €3,717 | €4,013 | +€296 | +8.0% |
| Profit (loss) for the period | 9904 | €9,656 | €10,570 | +€914 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,656 | €10,570 | +€914 | +9.5% |
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 6 October 2026 via checked.be.