ND 96: 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.
ND 96
Largest movements
- Receivables within one year -€125,440
down €125,440 (-89.1%), from €140,763 to €15,323
of which Trade receivables: -€101,727
- Stocks and contracts +€50,515
up €50,515 (+13.7%), from €369,318 to €419,833
- Deferred charges and accrued income -€29,120
down €29,120 (-60.0%), from €48,510 to €19,390
- Trade debts -€123,217
down €123,217 (-12.9%), from €952,252 to €829,035
- Profit (loss) carried forward +€18,075
up €18,075 (+4.0%), from -€448,947 to -€430,872
- Turnover +€11.1m
new in 2025: €11.1m
- Purchases and services +€10.4m
new in 2025: €10.4m
- Gross operating margin +€521,655
up €521,655 (+151.2%), from €344,991 to €866,646
- Staff costs +€329,306
up €329,306 (+75.8%), from €434,509 to €763,815
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €638,487 | €528,967 | -€109,520 | -17.2% |
| Fixed assets | 21/28 | €2,580 | €2,580 | = | 0.0% |
| Financial fixed assets | 28 | €2,580 | €2,580 | = | 0.0% |
| Current assets | 29/58 | €635,907 | €526,387 | -€109,520 | -17.2% |
| Stocks and contracts in progress | 3 | €369,318 | €419,833 | +€50,515 | +13.7% |
| Stocks | 30/36 | €369,318 | €419,833 | +€50,515 | +13.7% |
| Amounts receivable within one year | 40/41 | €140,763 | €15,323 | -€125,440 | -89.1% |
| Trade receivables | 40 | €110,761 | €9,034 | -€101,727 | -91.8% |
| Other amounts receivable | 41 | €30,002 | €6,289 | -€23,713 | -79.0% |
| Cash at bank and in hand | 54/58 | €77,316 | €71,841 | -€5,475 | -7.1% |
| Deferred charges and accrued income | 490/1 | €48,510 | €19,390 | -€29,120 | -60.0% |
| Total equity and liabilities | 10/49 | €638,487 | €528,967 | -€109,520 | -17.2% |
| Equity | 10/15 | -€446,447 | -€428,372 | +€18,075 | +4.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€448,947 | -€430,872 | +€18,075 | +4.0% |
| Amounts payable | 17/49 | €1,084,934 | €957,339 | -€127,595 | -11.8% |
| Amounts payable within one year | 42/48 | €1,084,934 | €957,339 | -€127,595 | -11.8% |
| Trade debts | 44 | €952,252 | €829,035 | -€123,217 | -12.9% |
| Suppliers | 440/4 | €952,252 | €829,035 | -€123,217 | -12.9% |
| Taxes, remuneration and social security | 45 | €131,682 | €128,304 | -€3,378 | -2.6% |
| Taxes | 450/3 | €4,914 | €4,241 | -€673 | -13.7% |
| Remuneration and social security | 454/9 | €126,768 | €124,063 | -€2,705 | -2.1% |
| Other amounts payable | 47/48 | €1,000 | - | -€1,000 | |
| Turnover | 70 | - | €11,134,786 | +€11.1m | |
| Non-recurring operating income | 76A | - | €23,487 | +€23,487 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €10,425,519 | +€10.4m | |
| Remuneration, social security and pensions | 62 | €434,509 | €763,815 | +€329,306 | +75.8% |
| Other operating charges | 640/8 | €6,512 | €76,891 | +€70,379 | +1080.8% |
| Gross operating margin | 9900 | €344,991 | €866,646 | +€521,655 | +151.2% |
| Operating profit (loss) | 9901 | -€96,030 | €25,940 | +€121,970 | |
| Financial income | 75/76B | €379 | €1,723 | +€1,344 | +354.6% |
| Recurring financial income | 75 | €379 | €1,723 | +€1,344 | +354.6% |
| Financial charges | 65/66B | €3,661 | €9,291 | +€5,630 | +153.8% |
| Recurring financial charges | 65 | €3,661 | €9,291 | +€5,630 | +153.8% |
| Profit (loss) for the period before taxes | 9903 | -€99,312 | €18,372 | +€117,684 | |
| Income taxes | 67/77 | €150 | €297 | +€147 | +98.0% |
| Profit (loss) for the period | 9904 | -€99,462 | €18,075 | +€117,537 | |
| Profit (loss) for the period to be appropriated | 9905 | -€99,462 | €18,075 | +€117,537 |
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 11 October 2026 via checked.be.