ND Pools: 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 Pools
Largest movements
- Receivables within one year +€16,231
up €16,231 (+292%), from €5,559 to €21,791
of which Trade receivables: +€19,378
- Cash +€7,891
up €7,891 (+33.9%), from €23,249 to €31,139
mainly Trade debts (+€12,954) and Other debts (+€5,302)
- Intangible fixed assets +€2,241
new in 2025: €2,241
- Trade debts +€12,954
up €12,954 (+408%), from €3,175 to €16,129
- Other debts +€5,302
up €5,302 (+81.8%), from €6,479 to €11,781
- Reserves +€4,002
up €4,002 (+24.1%), from €16,616 to €20,617
- Tax, wage and social debts +€3,718
up €3,718, from €0 to €3,718
- Gross operating margin +€10,386
up €10,386, from -€2,860 to €7,526
- Taxes +€1,275
up €1,275, from €0 to €1,275
- Depreciation +€759
new in 2025: €759
- Financial charges +€746
up €746 (+147%), from €507 to €1,253
- Other operating charges +€175
up €175 (+124%), from €141 to €315
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 | €29,207 | €55,446 | +€26,238 | +89.8% |
| Fixed assets | 21/28 | - | €2,241 | +€2,241 | |
| Intangible fixed assets | 21 | - | €2,241 | +€2,241 | |
| Current assets | 29/58 | €29,207 | €53,205 | +€23,997 | +82.2% |
| Amounts receivable within one year | 40/41 | €5,559 | €21,791 | +€16,231 | +292% |
| Trade receivables | 40 | €1,688 | €21,065 | +€19,378 | +1,148% |
| Other amounts receivable | 41 | €3,872 | €725 | -€3,146 | -81.3% |
| Cash at bank and in hand | 54/58 | €23,249 | €31,139 | +€7,891 | +33.9% |
| Deferred charges and accrued income | 490/1 | €399 | €275 | -€125 | -31.2% |
| Total equity and liabilities | 10/49 | €29,207 | €55,446 | +€26,238 | +89.8% |
| Equity | 10/15 | €19,116 | €23,117 | +€4,002 | +20.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €16,616 | €20,617 | +€4,002 | +24.1% |
| Distributable reserves | 133 | €16,616 | €20,617 | +€4,002 | +24.1% |
| Amounts payable | 17/49 | €10,091 | €32,328 | +€22,237 | +220% |
| Amounts payable within one year | 42/48 | €9,654 | €31,628 | +€21,974 | +228% |
| Trade debts | 44 | €3,175 | €16,129 | +€12,954 | +408% |
| Suppliers | 440/4 | €3,175 | €16,129 | +€12,954 | +408% |
| Taxes, remuneration and social security | 45 | €0 | €3,718 | +€3,718 | |
| Taxes | 450/3 | €0 | €3,718 | +€3,718 | |
| Other amounts payable | 47/48 | €6,479 | €11,781 | +€5,302 | +81.8% |
| Accrued charges and deferred income | 492/3 | €438 | €701 | +€263 | +60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €759 | +€759 | |
| Other operating charges | 640/8 | €141 | €315 | +€175 | +124% |
| Gross operating margin | 9900 | -€2,860 | €7,526 | +€10,386 | |
| Operating profit (loss) | 9901 | -€3,000 | €6,452 | +€9,452 | |
| Financial income | 75/76B | €21 | €77 | +€56 | +267% |
| Recurring financial income | 75 | €21 | €77 | +€56 | +267% |
| Financial charges | 65/66B | €507 | €1,253 | +€746 | +147% |
| Recurring financial charges | 65 | €507 | €1,253 | +€746 | +147% |
| Profit (loss) for the period before taxes | 9903 | -€3,486 | €5,276 | +€8,762 | |
| Income taxes | 67/77 | €0 | €1,275 | +€1,275 | |
| Profit (loss) for the period | 9904 | -€3,486 | €4,002 | +€7,487 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,486 | €4,002 | +€7,487 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.