NCNP: 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.
NCNP
Largest movements
- Receivables within one year -€50,163
down €50,163 (-71.1%), from €70,570 to €20,407
of which Trade receivables: -€39,662
- Other debts -€68,242
down €68,242 (-71.6%), from €95,273 to €27,031
- Debts after one year +€17,500
up €17,500 (+3.3%), from €532,500 to €550,000
- Financial charges -€14,734
down €14,734 (-75.3%), from €19,562 to €4,828
- Gross operating margin -€3,851
down €3,851 (-9.5%), from €40,510 to €36,659
- Taxes +€1,487
up €1,487 (+22.0%), from €6,757 to €8,244
- Depreciation +€458
up €458 (+43.4%), from €1,055 to €1,513
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 | €753,213 | €702,480 | -€50,733 | -6.7% |
| Fixed assets | 21/28 | €606,784 | €606,319 | -€465 | -0.1% |
| Tangible fixed assets | 22/27 | €6,784 | €6,319 | -€465 | -6.9% |
| Plant, machinery and equipment | 23 | €5,102 | €5,317 | +€216 | +4.2% |
| Furniture and vehicles | 24 | €1,682 | €1,001 | -€681 | -40.5% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €146,430 | €96,161 | -€50,268 | -34.3% |
| Amounts receivable within one year | 40/41 | €70,570 | €20,407 | -€50,163 | -71.1% |
| Trade receivables | 40 | €58,314 | €18,652 | -€39,662 | -68.0% |
| Other amounts receivable | 41 | €12,256 | €1,756 | -€10,500 | -85.7% |
| Cash at bank and in hand | 54/58 | €73,173 | €72,960 | -€214 | -0.3% |
| Deferred charges and accrued income | 490/1 | €2,686 | €2,794 | +€108 | +4.0% |
| Total equity and liabilities | 10/49 | €753,213 | €702,480 | -€50,733 | -6.7% |
| Equity | 10/15 | €99,022 | €99,022 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €94,022 | €94,022 | = | 0.0% |
| Distributable reserves | 133 | €94,022 | €94,022 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €654,191 | €603,458 | -€50,733 | -7.8% |
| Amounts payable after more than one year | 17 | €532,500 | €550,000 | +€17,500 | +3.3% |
| Other amounts payable | 178/9 | €532,500 | €550,000 | +€17,500 | +3.3% |
| Amounts payable within one year | 42/48 | €121,691 | €53,346 | -€68,344 | -56.2% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €15,119 | +€119 | +0.8% |
| Trade debts | 44 | €4,516 | €4,537 | +€20 | +0.5% |
| Suppliers | 440/4 | €4,516 | €4,537 | +€20 | +0.5% |
| Taxes, remuneration and social security | 45 | €6,902 | €6,660 | -€241 | -3.5% |
| Taxes | 450/3 | €6,902 | €6,660 | -€241 | -3.5% |
| Other amounts payable | 47/48 | €95,273 | €27,031 | -€68,242 | -71.6% |
| Accrued charges and deferred income | 492/3 | - | €111 | +€111 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,055 | €1,513 | +€458 | +43.4% |
| Other operating charges | 640/8 | €1,067 | €1,253 | +€186 | +17.5% |
| Gross operating margin | 9900 | €40,510 | €36,659 | -€3,851 | -9.5% |
| Operating profit (loss) | 9901 | €38,388 | €33,893 | -€4,495 | -11.7% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €19,562 | €4,828 | -€14,734 | -75.3% |
| Recurring financial charges | 65 | €19,562 | €4,828 | -€14,734 | -75.3% |
| Profit (loss) for the period before taxes | 9903 | €18,829 | €29,064 | +€10,236 | +54.4% |
| Income taxes | 67/77 | €6,757 | €8,244 | +€1,487 | +22.0% |
| Profit (loss) for the period | 9904 | €12,072 | €20,820 | +€8,748 | +72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,072 | €20,820 | +€8,748 | +72.5% |
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 7 October 2026 via checked.be.