NCS Systems: 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.
What changed
NCS Systems
NACE 26.200, Manufacture of computer, electronic and optical products
fiscal year 2024 against 2026not consecutivefiled annual accounts (NBB)
Net result for the year
-€232,862
2024 · €171,196-€404,058
Equity
€1.6m
2024 · €1.8m-€232,862
Cash
€127,991
2024 · €653,067-€525,076
Balance sheet total
€2.6m
2024 · €2.8m-€224,397
Largest movements
Assets
- Cash -€525,076
down €525,076 (-80.4%), from €653,067 to €127,991
- Receivables within one year +€331,240
up €331,240 (+45.1%), from €734,858 to €1.1m
of which Trade receivables: +€333,470
- Stocks and contracts -€174,930
down €174,930 (-13.0%), from €1.3m to €1.2m
- Tangible fixed assets +€50,664
up €50,664 (+135.6%), from €37,360 to €88,024
of which Other tangible fixed assets: +€45,977
- Deferred charges and accrued income +€41,593
up €41,593 (+102.4%), from €40,622 to €82,215
Equity and liabilities
- Short-term financial debts +€265,000
new in 2026: €265,000
- Profit (loss) carried forward -€232,862
new in 2026: -€232,862
- Other debts -€150,000
no longer reported in 2026 (was €150,000)
- Trade debts -€140,260
down €140,260 (-21.9%), from €641,306 to €501,046
- Tax, wage and social debts +€54,098
up €54,098 (+73.2%), from €73,951 to €128,049
of which Taxes: +€35,320
Income statement
- Turnover +€600,166
up €600,166 (+13.0%), from €4.6m to €5.2m
- Goods and materials +€408,735
up €408,735 (+14.1%), from €2.9m to €3.3m
of which Purchases: +€256,208
- Staff costs +€263,393
up €263,393 (+44.1%), from €597,246 to €860,639
- Services and other goods +€185,775
up €185,775 (+18.7%), from €995,012 to €1.2m
- Financial charges +€117,464
up €117,464 (+319.4%), from €36,771 to €154,235
From the 2024 result to the 2026 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.
Result 2024
€171,196
Turnover
+€600,166
Other operating income
-€62,910
Goods and materials
-€408,735
Services and other goods
-€185,775
Staff costs
-€263,393
Depreciation
-€23,489
Write-downs
-€42,231
Provisions
+€2,100
Other operating charges
-€7,246
Other operating items
+€3,868
Financial income
+€74,064
Financial charges
-€117,464
Taxes
+€26,987
Result 2026
-€232,862
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,847,297 | €2,622,900 | -€224,397 | -7.9% |
| Fixed assets | 21/28 | €70,380 | €173,156 | +€102,776 | +146.0% |
| Intangible fixed assets | 21 | €32,972 | €63,684 | +€30,712 | +93.1% |
| Tangible fixed assets | 22/27 | €37,360 | €88,024 | +€50,664 | +135.6% |
| Furniture and vehicles | 24 | €27,844 | €32,531 | +€4,687 | +16.8% |
| Other tangible fixed assets | 26 | €9,516 | €55,493 | +€45,977 | +483.2% |
| Financial fixed assets | 28 | €48 | €21,448 | +€21,400 | +44583.3% |
| Other financial fixed assets | 284/8 | €48 | €21,448 | +€21,400 | +44583.3% |
| Amounts receivable and cash guarantees | 285/8 | €48 | €21,448 | +€21,400 | +44583.3% |
| Current assets | 29/58 | €2,776,917 | €2,449,744 | -€327,173 | -11.8% |
| Stocks and contracts in progress | 3 | €1,348,370 | €1,173,440 | -€174,930 | -13.0% |
| Stocks | 30/36 | €1,348,370 | €1,173,440 | -€174,930 | -13.0% |
| Goods purchased for resale | 34 | €1,232,576 | €1,155,661 | -€76,915 | -6.2% |
| Advance payments | 36 | €115,794 | €17,779 | -€98,015 | -84.6% |
| Amounts receivable within one year | 40/41 | €734,858 | €1,066,098 | +€331,240 | +45.1% |
| Trade receivables | 40 | €722,210 | €1,055,680 | +€333,470 | +46.2% |
| Other amounts receivable | 41 | €12,648 | €10,418 | -€2,230 | -17.6% |
| Cash at bank and in hand | 54/58 | €653,067 | €127,991 | -€525,076 | -80.4% |
| Deferred charges and accrued income | 490/1 | €40,622 | €82,215 | +€41,593 | +102.4% |
| Total equity and liabilities | 10/49 | €2,847,297 | €2,622,900 | -€224,397 | -7.9% |
| Equity | 10/15 | €1,821,116 | €1,588,254 | -€232,862 | -12.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,759,116 | €1,759,116 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | - | -€6,200 | |
| Reserves not available under the articles | 1311 | - | €6,200 | +€6,200 | |
| Distributable reserves | 133 | €1,752,916 | €1,752,916 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€232,862 | -€232,862 | |
| Provisions and deferred taxes | 16 | €17,541 | €2,981 | -€14,560 | -83.0% |
| Provisions for liabilities and charges | 160/5 | €17,541 | €2,981 | -€14,560 | -83.0% |
| Pensions and similar obligations | 160 | €2,541 | €2,981 | +€440 | +17.3% |
| Other liabilities and charges | 164/5 | €15,000 | - | -€15,000 | |
| Amounts payable | 17/49 | €1,008,640 | €1,031,665 | +€23,025 | +2.3% |
| Amounts payable within one year | 42/48 | €987,073 | €993,296 | +€6,223 | +0.6% |
| Financial debts | 43 | - | €265,000 | +€265,000 | |
| Other loans | 439 | - | €265,000 | +€265,000 | |
| Trade debts | 44 | €641,306 | €501,046 | -€140,260 | -21.9% |
| Suppliers | 440/4 | €641,306 | €501,046 | -€140,260 | -21.9% |
| Advances received on contracts in progress | 46 | €121,816 | €99,201 | -€22,615 | -18.6% |
| Taxes, remuneration and social security | 45 | €73,951 | €128,049 | +€54,098 | +73.2% |
| Taxes | 450/3 | €13,326 | €48,646 | +€35,320 | +265.0% |
| Remuneration and social security | 454/9 | €60,625 | €79,403 | +€18,778 | +31.0% |
| Other amounts payable | 47/48 | €150,000 | - | -€150,000 | |
| Accrued charges and deferred income | 492/3 | €21,567 | €38,369 | +€16,802 | +77.9% |
| Operating income | 70/76A | €4,769,231 | €5,302,355 | +€533,124 | +11.2% |
| Turnover | 70 | €4,628,184 | €5,228,350 | +€600,166 | +13.0% |
| Other operating income | 74 | €136,915 | €74,005 | -€62,910 | -45.9% |
| Non-recurring operating income | 76A | €4,132 | - | -€4,132 | |
| Operating charges | 60/66A | €4,534,768 | €5,455,537 | +€920,769 | +20.3% |
| Goods for resale, raw materials and consumables | 60 | €2,892,532 | €3,301,267 | +€408,735 | +14.1% |
| Purchases | 600/8 | €3,014,248 | €3,270,456 | +€256,208 | +8.5% |
| Change in stocks: decrease (increase) | 609 | -€121,716 | €30,811 | +€152,527 | |
| Services and other goods | 61 | €995,012 | €1,180,787 | +€185,775 | +18.7% |
| Remuneration, social security and pensions | 62 | €597,246 | €860,639 | +€263,393 | +44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,729 | €44,218 | +€23,489 | +113.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,568 | €47,799 | +€42,231 | +758.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,541 | €441 | -€2,100 | -82.6% |
| Other operating charges | 640/8 | €6,140 | €13,386 | +€7,246 | +118.0% |
| Non-recurring operating charges | 66A | €15,000 | €7,000 | -€8,000 | -53.3% |
| Operating profit (loss) | 9901 | €234,463 | -€153,182 | -€387,645 | |
| Financial income | 75/76B | €17,088 | €91,152 | +€74,064 | +433.4% |
| Recurring financial income | 75 | €17,088 | €91,152 | +€74,064 | +433.4% |
| Other financial income | 752/9 | €17,088 | €91,152 | +€74,064 | +433.4% |
| Financial charges | 65/66B | €36,771 | €154,235 | +€117,464 | +319.4% |
| Recurring financial charges | 65 | €36,771 | €154,235 | +€117,464 | +319.4% |
| Debt charges | 650 | €5,632 | €10,446 | +€4,814 | +85.5% |
| Other financial charges | 652/9 | €31,139 | €143,789 | +€112,650 | +361.8% |
| Profit (loss) for the period before taxes | 9903 | €214,780 | -€216,265 | -€431,045 | |
| Income taxes | 67/77 | €43,584 | €16,597 | -€26,987 | -61.9% |
| Taxes | 670/3 | €45,000 | €16,597 | -€28,403 | -63.1% |
| Tax adjustments and reversals of tax provisions | 77 | €1,416 | - | -€1,416 | |
| Profit (loss) for the period | 9904 | €171,196 | -€232,862 | -€404,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €171,196 | -€232,862 | -€404,058 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.