ND Company: 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 Company
Largest movements
- Cash +€26,679
up €26,679 (+387%), from €6,902 to €33,581
mainly Other debts (+€41,686) and Receivables within one year (+€18,263)
- Receivables within one year -€18,263
down €18,263 (-27.5%), from €66,365 to €48,102
of which Trade receivables: -€18,039
- Tangible fixed assets -€8,124
down €8,124 (-59.4%), from €13,686 to €5,562
of which Furniture and vehicles: -€8,730
- Other debts +€41,686
up €41,686 (+219%), from €19,038 to €60,724
- Reserves -€40,753
no longer reported in 2025 (was €40,753)
- Tax, wage and social debts -€1,591
down €1,591 (-20.4%), from €7,813 to €6,222
- Trade debts +€1,552
up €1,552 (+57.0%), from €2,725 to €4,277
- Accrued charges and deferred income -€1,072
no longer reported in 2025 (was €1,072)
- Gross operating margin -€3,963
down €3,963 (-13.9%), from €28,515 to €24,552
- Depreciation -€3,537
down €3,537 (-40.6%), from €8,702 to €5,165
- Taxes -€2,122
down €2,122 (-42.6%), from €4,983 to €2,861
- Other operating charges -€509
down €509 (-43.1%), from €1,181 to €672
- Financial charges +€305
up €305 (+28.5%), from €1,072 to €1,377
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 | €90,001 | €89,823 | -€178 | -0.2% |
| Fixed assets | 21/28 | €13,825 | €5,701 | -€8,124 | -58.8% |
| Tangible fixed assets | 22/27 | €13,686 | €5,562 | -€8,124 | -59.4% |
| Plant, machinery and equipment | 23 | - | €2,520 | +€2,520 | |
| Furniture and vehicles | 24 | €11,017 | €2,287 | -€8,730 | -79.2% |
| Other tangible fixed assets | 26 | €2,669 | €755 | -€1,914 | -71.7% |
| Financial fixed assets | 28 | €139 | €139 | = | 0.0% |
| Current assets | 29/58 | €76,176 | €84,122 | +€7,946 | +10.4% |
| Amounts receivable within one year | 40/41 | €66,365 | €48,102 | -€18,263 | -27.5% |
| Trade receivables | 40 | €65,002 | €46,963 | -€18,039 | -27.8% |
| Other amounts receivable | 41 | €1,363 | €1,139 | -€224 | -16.4% |
| Cash at bank and in hand | 54/58 | €6,902 | €33,581 | +€26,679 | +387% |
| Deferred charges and accrued income | 490/1 | €2,909 | €2,439 | -€470 | -16.2% |
| Total equity and liabilities | 10/49 | €90,001 | €89,823 | -€178 | -0.2% |
| Equity | 10/15 | €59,353 | €18,600 | -€40,753 | -68.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,753 | - | -€40,753 | |
| Distributable reserves | 133 | €40,753 | - | -€40,753 | |
| Amounts payable | 17/49 | €30,648 | €71,223 | +€40,575 | +132% |
| Amounts payable within one year | 42/48 | €29,576 | €71,223 | +€41,647 | +141% |
| Trade debts | 44 | €2,725 | €4,277 | +€1,552 | +57.0% |
| Suppliers | 440/4 | €2,725 | €4,277 | +€1,552 | +57.0% |
| Taxes, remuneration and social security | 45 | €7,813 | €6,222 | -€1,591 | -20.4% |
| Taxes | 450/3 | €7,813 | €6,222 | -€1,591 | -20.4% |
| Other amounts payable | 47/48 | €19,038 | €60,724 | +€41,686 | +219% |
| Accrued charges and deferred income | 492/3 | €1,072 | - | -€1,072 | |
| Non-recurring operating income | 76A | - | €16,373 | +€16,373 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,702 | €5,165 | -€3,537 | -40.6% |
| Other operating charges | 640/8 | €1,181 | €672 | -€509 | -43.1% |
| Gross operating margin | 9900 | €28,515 | €24,552 | -€3,963 | -13.9% |
| Operating profit (loss) | 9901 | €18,632 | €18,715 | +€83 | +0.4% |
| Financial charges | 65/66B | €1,072 | €1,377 | +€305 | +28.5% |
| Recurring financial charges | 65 | €1,072 | €1,377 | +€305 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €17,560 | €17,338 | -€222 | -1.3% |
| Income taxes | 67/77 | €4,983 | €2,861 | -€2,122 | -42.6% |
| Profit (loss) for the period | 9904 | €12,577 | €14,477 | +€1,900 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,577 | €14,477 | +€1,900 | +15.1% |
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 29 October 2026 via checked.be.