NCYA: 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.
NCYA
Largest movements
- Receivables within one year +€83,401
up €83,401 (+21.1%), from €394,836 to €478,237
of which Other amounts receivable: +€108,601
- Cash -€17,158
down €17,158 (-98.8%), from €17,361 to €202
mainly Receivables within one year (-€83,401) and Trade debts (-€10,185)
- Accrued charges and deferred income +€32,000
up €32,000 (+48.9%), from €65,500 to €97,500
- Profit (loss) carried forward +€30,000
new in 2025: €30,000
- Reserves +€23,172
up €23,172 (+10.0%), from €232,788 to €255,960
of which Distributable reserves: +€23,172
- Trade debts -€10,185
down €10,185 (-39.5%), from €25,755 to €15,570
of which Suppliers: -€8,301
- Tax, wage and social debts -€8,744
down €8,744 (-10.0%), from €87,814 to €79,070
- Gross operating margin -€78,395
down €78,395 (-58.2%), from €134,640 to €56,245
- Taxes -€26,869
down €26,869 (-50.5%), from €53,181 to €26,312
- Financial income +€6,862
up €6,862 (+40.2%), from €17,064 to €23,926
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 | €418,056 | €484,299 | +€66,243 | +15.8% |
| Fixed assets | 21/28 | €5,860 | €5,860 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,360 | €4,360 | = | 0.0% |
| Other tangible fixed assets | 26 | €4,360 | €4,360 | = | 0.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €412,196 | €478,439 | +€66,243 | +16.1% |
| Amounts receivable within one year | 40/41 | €394,836 | €478,237 | +€83,401 | +21.1% |
| Trade receivables | 40 | €28,891 | €3,691 | -€25,200 | -87.2% |
| Other amounts receivable | 41 | €365,945 | €474,546 | +€108,601 | +29.7% |
| Cash at bank and in hand | 54/58 | €17,361 | €202 | -€17,158 | -98.8% |
| Total equity and liabilities | 10/49 | €418,056 | €484,299 | +€66,243 | +15.8% |
| Equity | 10/15 | €238,988 | €292,160 | +€53,172 | +22.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €232,788 | €255,960 | +€23,172 | +10.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €230,928 | €254,100 | +€23,172 | +10.0% |
| Profit (loss) carried forward | 14 | - | €30,000 | +€30,000 | |
| Amounts payable | 17/49 | €179,068 | €192,139 | +€13,071 | +7.3% |
| Amounts payable within one year | 42/48 | €113,568 | €94,639 | -€18,929 | -16.7% |
| Trade debts | 44 | €25,755 | €15,570 | -€10,185 | -39.5% |
| Suppliers | 440/4 | €8,301 | - | -€8,301 | |
| Bills of exchange payable | 441 | €17,454 | €15,570 | -€1,884 | -10.8% |
| Taxes, remuneration and social security | 45 | €87,814 | €79,070 | -€8,744 | -10.0% |
| Taxes | 450/3 | €87,814 | €79,070 | -€8,744 | -10.0% |
| Accrued charges and deferred income | 492/3 | €65,500 | €97,500 | +€32,000 | +48.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €134,640 | €56,245 | -€78,395 | -58.2% |
| Operating profit (loss) | 9901 | €134,253 | €55,846 | -€78,407 | -58.4% |
| Financial income | 75/76B | €17,064 | €23,926 | +€6,862 | +40.2% |
| Recurring financial income | 75 | €17,064 | €23,926 | +€6,862 | +40.2% |
| Financial charges | 65/66B | €713 | €289 | -€425 | -59.5% |
| Recurring financial charges | 65 | €713 | €289 | -€425 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | €150,604 | €79,483 | -€71,120 | -47.2% |
| Income taxes | 67/77 | €53,181 | €26,312 | -€26,869 | -50.5% |
| Profit (loss) for the period | 9904 | €97,423 | €53,172 | -€44,251 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €97,423 | €53,172 | -€44,251 | -45.4% |
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 8 October 2026 via checked.be.