NCX CONSULTING: 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.
NCX CONSULTING
Largest movements
- Cash -€55,572
down €55,572 (-82.0%), from €67,767 to €12,195
mainly Contributions, distributions and other (-€76,176) and Investment in fixed assets (net) (-€21,449)
- Receivables within one year +€19,339
up €19,339 (+126%), from €15,313 to €34,652
of which Trade receivables: +€16,275
- Tangible fixed assets +€16,266
up €16,266 (+705%), from €2,306 to €18,572
of which Furniture and vehicles: +€14,235
- Deferred charges and accrued income -€2,818
down €2,818 (-62.7%), from €4,491 to €1,673
- Reserves -€32,854
down €32,854 (-67.6%), from €48,586 to €15,732
- Other debts +€11,034
up €11,034 (+55.2%), from €20,000 to €31,034
- Tax, wage and social debts -€1,079
down €1,079 (-7.4%), from €14,639 to €13,560
- Gross operating margin -€10,601
down €10,601 (-14.6%), from €72,753 to €62,152
- Depreciation +€4,257
up €4,257 (+459%), from €926 to €5,183
- Taxes -€3,392
down €3,392 (-22.4%), from €15,136 to €11,744
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 | €89,877 | €67,091 | -€22,786 | -25.4% |
| Fixed assets | 21/28 | €2,306 | €18,572 | +€16,266 | +705% |
| Tangible fixed assets | 22/27 | €2,306 | €18,572 | +€16,266 | +705% |
| Furniture and vehicles | 24 | €2,306 | €16,541 | +€14,235 | +617% |
| Other tangible fixed assets | 26 | - | €2,031 | +€2,031 | |
| Current assets | 29/58 | €87,571 | €48,519 | -€39,051 | -44.6% |
| Amounts receivable within one year | 40/41 | €15,313 | €34,652 | +€19,339 | +126% |
| Trade receivables | 40 | €15,003 | €31,278 | +€16,275 | +108% |
| Other amounts receivable | 41 | €310 | €3,374 | +€3,063 | +988% |
| Cash at bank and in hand | 54/58 | €67,767 | €12,195 | -€55,572 | -82.0% |
| Deferred charges and accrued income | 490/1 | €4,491 | €1,673 | -€2,818 | -62.7% |
| Total equity and liabilities | 10/49 | €89,877 | €67,091 | -€22,786 | -25.4% |
| Equity | 10/15 | €51,586 | €18,732 | -€32,854 | -63.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €48,586 | €15,732 | -€32,854 | -67.6% |
| Distributable reserves | 133 | €48,586 | €15,732 | -€32,854 | -67.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €38,291 | €48,359 | +€10,068 | +26.3% |
| Amounts payable within one year | 42/48 | €36,850 | €46,518 | +€9,667 | +26.2% |
| Trade debts | 44 | €2,211 | €1,923 | -€288 | -13.0% |
| Suppliers | 440/4 | €2,211 | €1,923 | -€288 | -13.0% |
| Taxes, remuneration and social security | 45 | €14,639 | €13,560 | -€1,079 | -7.4% |
| Taxes | 450/3 | €14,639 | €13,560 | -€1,079 | -7.4% |
| Other amounts payable | 47/48 | €20,000 | €31,034 | +€11,034 | +55.2% |
| Accrued charges and deferred income | 492/3 | €1,441 | €1,842 | +€401 | +27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €926 | €5,183 | +€4,257 | +459% |
| Other operating charges | 640/8 | €1,228 | €1,423 | +€195 | +15.9% |
| Gross operating margin | 9900 | €72,753 | €62,152 | -€10,601 | -14.6% |
| Operating profit (loss) | 9901 | €70,599 | €55,546 | -€15,053 | -21.3% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.7% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.7% |
| Financial charges | 65/66B | €1,030 | €479 | -€551 | -53.5% |
| Recurring financial charges | 65 | €1,030 | €479 | -€551 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | €69,571 | €55,067 | -€14,505 | -20.8% |
| Income taxes | 67/77 | €15,136 | €11,744 | -€3,392 | -22.4% |
| Profit (loss) for the period | 9904 | €54,435 | €43,322 | -€11,113 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,435 | €43,322 | -€11,113 | -20.4% |
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 20 October 2026 via checked.be.