NCP WORKWEAR: 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.
NCP WORKWEAR
Largest movements
- Cash -€18,981
down €18,981 (-100%), from €18,981 to €0
mainly Net result for the year (-€14,995) and Trade debts (-€12,336)
- Stocks and contracts -€13,526
down €13,526 (-27.7%), from €48,777 to €35,252
- Receivables within one year +€9,745
up €9,745 (+12.0%), from €81,368 to €91,113
of which Trade receivables: +€10,593
- Tangible fixed assets -€4,839
down €4,839 (-11.0%), from €44,168 to €39,329
of which Land and buildings: -€3,598
- Profit (loss) carried forward -€14,995
down €14,995 (-43.2%), from -€34,692 to -€49,687
- Trade debts -€12,336
down €12,336 (-19.4%), from €63,588 to €51,252
of which Suppliers: -€18,060
- Tax, wage and social debts -€5,339
down €5,339 (-42.0%), from €12,713 to €7,374
- Short-term financial debts +€4,227
up €4,227 (+4.8%), from €87,500 to €91,727
- Gross operating margin +€16,082
up €16,082 (+74.8%), from -€21,486 to -€5,404
- Financial charges -€1,574
down €1,574 (-20.6%), from €7,636 to €6,063
- Other operating charges -€1,399
down €1,399 (-44.1%), from €3,174 to €1,775
- Depreciation -€483
down €483 (-9.1%), from €5,322 to €4,839
- Financial income +€235
up €235 (+7.2%), from €3,268 to €3,503
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.
Derived cash bridge
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 | €194,137 | €165,693 | -€28,444 | -14.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €44,168 | €39,329 | -€4,839 | -11.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €44,168 | €39,329 | -€4,839 | -11.0% |
| Land and buildings | 22 | €41,388 | €37,790 | -€3,598 | -8.7% |
| Plant, machinery and equipment | 23 | €2,780 | €1,539 | -€1,241 | -44.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €149,969 | €126,364 | -€23,605 | -15.7% |
| Stocks and contracts in progress | 3 | €48,777 | €35,252 | -€13,526 | -27.7% |
| Stocks | 30/36 | €48,777 | €35,252 | -€13,526 | -27.7% |
| Amounts receivable within one year | 40/41 | €81,368 | €91,113 | +€9,745 | +12.0% |
| Trade receivables | 40 | €25,506 | €36,099 | +€10,593 | +41.5% |
| Other amounts receivable | 41 | €55,861 | €55,014 | -€848 | -1.5% |
| Cash at bank and in hand | 54/58 | €18,981 | €0 | -€18,981 | -100% |
| Deferred charges and accrued income | 490/1 | €844 | - | -€844 | |
| Total equity and liabilities | 10/49 | €194,137 | €165,693 | -€28,444 | -14.7% |
| Equity | 10/15 | €30,336 | €15,341 | -€14,995 | -49.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €46,436 | €46,436 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €44,577 | €44,577 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,692 | -€49,687 | -€14,995 | -43.2% |
| Amounts payable | 17/49 | €163,801 | €150,352 | -€13,449 | -8.2% |
| Amounts payable within one year | 42/48 | €163,801 | €150,352 | -€13,449 | -8.2% |
| Financial debts | 43 | €87,500 | €91,727 | +€4,227 | +4.8% |
| Credit institutions | 430/8 | €87,500 | €91,727 | +€4,227 | +4.8% |
| Trade debts | 44 | €63,588 | €51,252 | -€12,336 | -19.4% |
| Suppliers | 440/4 | €46,128 | €28,068 | -€18,060 | -39.2% |
| Bills of exchange payable | 441 | €17,459 | €23,183 | +€5,724 | +32.8% |
| Taxes, remuneration and social security | 45 | €12,713 | €7,374 | -€5,339 | -42.0% |
| Taxes | 450/3 | €12,713 | €7,374 | -€5,339 | -42.0% |
| Remuneration, social security and pensions | 62 | €164 | €167 | +€3 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,322 | €4,839 | -€483 | -9.1% |
| Other operating charges | 640/8 | €3,174 | €1,775 | -€1,399 | -44.1% |
| Gross operating margin | 9900 | -€21,486 | -€5,404 | +€16,082 | +74.8% |
| Operating profit (loss) | 9901 | -€30,146 | -€12,185 | +€17,961 | +59.6% |
| Financial income | 75/76B | €3,268 | €3,503 | +€235 | +7.2% |
| Recurring financial income | 75 | €3,268 | €3,503 | +€235 | +7.2% |
| Financial charges | 65/66B | €7,636 | €6,063 | -€1,574 | -20.6% |
| Recurring financial charges | 65 | €7,636 | €6,063 | -€1,574 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€34,514 | -€14,744 | +€19,769 | +57.3% |
| Income taxes | 67/77 | €178 | €251 | +€72 | +40.6% |
| Profit (loss) for the period | 9904 | -€34,692 | -€14,995 | +€19,697 | +56.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,692 | -€14,995 | +€19,697 | +56.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.