NCM SERVICES: what changed
Two financial 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.
NCM SERVICES
Largest movements
- Tangible fixed assets -€42,361
down €42,361 (-38.0%), from €111,536 to €69,175
of which Furniture and vehicles: -€35,414
- Cash +€21,510
up €21,510 (+474.7%), from €4,531 to €26,041
mainly Depreciation (+€44,829) and Trade debts (+€12,742)
- Receivables within one year +€16,790
up €16,790 (+16.9%), from €99,515 to €116,305
of which Trade receivables: +€16,489
- Debts after one year -€19,204
down €19,204 (-42.9%), from €44,801 to €25,597
- Trade debts +€12,742
up €12,742 (+1521.9%), from €837 to €13,580
- Current portion of long-term debt -€3,869
down €3,869 (-19.2%), from €20,137 to €16,268
- Profit (loss) carried forward +€3,271
up €3,271 (+2.9%), from €113,415 to €116,687
- Tax, wage and social debts -€3,072
down €3,072 (-27.8%), from €11,047 to €7,975
of which Taxes: -€6,772
- Gross operating margin +€6,643
up €6,643 (+12.4%), from €53,478 to €60,121
- Taxes +€3,728
up €3,728 (+681.4%), from €547 to €4,275
- Other operating charges -€1,143
down €1,143 (-37.7%), from €3,028 to €1,885
- Financial charges -€1,006
down €1,006 (-25.9%), from €3,885 to €2,879
- Depreciation -€927
down €927 (-2.0%), from €45,756 to €44,829
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 | €225,238 | €219,658 | -€5,579 | -2.5% |
| Fixed assets | 21/28 | €111,536 | €69,175 | -€42,361 | -38.0% |
| Tangible fixed assets | 22/27 | €111,536 | €69,175 | -€42,361 | -38.0% |
| Furniture and vehicles | 24 | €83,444 | €48,030 | -€35,414 | -42.4% |
| Leasing and similar rights | 25 | €28,092 | €21,145 | -€6,947 | -24.7% |
| Current assets | 29/58 | €113,702 | €150,483 | +€36,782 | +32.3% |
| Amounts receivable within one year | 40/41 | €99,515 | €116,305 | +€16,790 | +16.9% |
| Trade receivables | 40 | €42,638 | €59,127 | +€16,489 | +38.7% |
| Other amounts receivable | 41 | €56,877 | €57,178 | +€301 | +0.5% |
| Cash at bank and in hand | 54/58 | €4,531 | €26,041 | +€21,510 | +474.7% |
| Deferred charges and accrued income | 490/1 | €9,655 | €8,137 | -€1,518 | -15.7% |
| Total equity and liabilities | 10/49 | €225,238 | €219,658 | -€5,579 | -2.5% |
| Equity | 10/15 | €148,415 | €154,687 | +€6,271 | +4.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €28,000 | +€3,000 | +12.0% |
| Distributable reserves | 133 | €25,000 | €28,000 | +€3,000 | +12.0% |
| Profit (loss) carried forward | 14 | €113,415 | €116,687 | +€3,271 | +2.9% |
| Amounts payable | 17/49 | €76,822 | €64,972 | -€11,851 | -15.4% |
| Amounts payable after more than one year | 17 | €44,801 | €25,597 | -€19,204 | -42.9% |
| Financial debts | 170/4 | €44,801 | €25,597 | -€19,204 | -42.9% |
| Amounts payable within one year | 42/48 | €32,022 | €37,823 | +€5,801 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €20,137 | €16,268 | -€3,869 | -19.2% |
| Trade debts | 44 | €837 | €13,580 | +€12,742 | +1521.9% |
| Suppliers | 440/4 | €837 | €13,580 | +€12,742 | +1521.9% |
| Taxes, remuneration and social security | 45 | €11,047 | €7,975 | -€3,072 | -27.8% |
| Taxes | 450/3 | €11,047 | €4,275 | -€6,772 | -61.3% |
| Remuneration and social security | 454/9 | - | €3,700 | +€3,700 | |
| Accrued charges and deferred income | 492/3 | - | €1,553 | +€1,553 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,756 | €44,829 | -€927 | -2.0% |
| Other operating charges | 640/8 | €3,028 | €1,885 | -€1,143 | -37.7% |
| Gross operating margin | 9900 | €53,478 | €60,121 | +€6,643 | +12.4% |
| Operating profit (loss) | 9901 | €4,694 | €13,406 | +€8,712 | +185.6% |
| Financial income | 75/76B | €1 | €19 | +€18 | +2962.3% |
| Recurring financial income | 75 | €1 | €19 | +€18 | +2962.3% |
| Financial charges | 65/66B | €3,885 | €2,879 | -€1,006 | -25.9% |
| Recurring financial charges | 65 | €3,885 | €2,879 | -€1,006 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €810 | €10,546 | +€9,736 | +1201.5% |
| Income taxes | 67/77 | €547 | €4,275 | +€3,728 | +681.4% |
| Profit (loss) for the period | 9904 | €263 | €6,271 | +€6,008 | +2282.1% |
| Profit (loss) for the period to be appropriated | 9905 | €263 | €6,271 | +€6,008 | +2282.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.