NDAH-E Analytics: 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.
NDAH-E Analytics
Largest movements
- Cash +€32,549
up €32,549 (+46.7%), from €69,769 to €102,318
mainly Net result for the year (+€66,684) and Depreciation (+€1,673)
- Current investments +€27,100
up €27,100 (+246.8%), from €10,980 to €38,080
- Receivables after one year +€3,500
new in 2024: €3,500
- Tangible fixed assets +€3,127
up €3,127 (+55.4%), from €5,641 to €8,769
of which Other tangible fixed assets: +€3,977
- Profit (loss) carried forward +€66,684
up €66,684 (+94.6%), from €70,501 to €137,185
- Other debts -€1,599
down €1,599 (-89.4%), from €1,790 to €190
- Gross operating margin -€5,602
down €5,602 (-6.1%), from €91,438 to €85,835
- Other operating charges -€1,224
down €1,224 (-69.6%), from €1,759 to €535
- Taxes -€977
down €977 (-5.4%), from €18,257 to €17,280
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,012 | €157,901 | +€64,890 | +69.8% |
| Fixed assets | 21/28 | €5,641 | €8,769 | +€3,127 | +55.4% |
| Tangible fixed assets | 22/27 | €5,641 | €8,769 | +€3,127 | +55.4% |
| Plant, machinery and equipment | 23 | €1,829 | €980 | -€849 | -46.4% |
| Other tangible fixed assets | 26 | €3,813 | €7,789 | +€3,977 | +104.3% |
| Current assets | 29/58 | €87,370 | €149,133 | +€61,762 | +70.7% |
| Amounts receivable after more than one year | 29 | - | €3,500 | +€3,500 | |
| Other amounts receivable | 291 | - | €3,500 | +€3,500 | |
| Amounts receivable within one year | 40/41 | €6,622 | €5,235 | -€1,387 | -20.9% |
| Trade receivables | 40 | €6,305 | €4,080 | -€2,225 | -35.3% |
| Other amounts receivable | 41 | €317 | €1,155 | +€838 | +264.8% |
| Current investments | 50/53 | €10,980 | €38,080 | +€27,100 | +246.8% |
| Cash at bank and in hand | 54/58 | €69,769 | €102,318 | +€32,549 | +46.7% |
| Total equity and liabilities | 10/49 | €93,012 | €157,901 | +€64,890 | +69.8% |
| Equity | 10/15 | €72,501 | €139,185 | +€66,684 | +92.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €70,501 | €137,185 | +€66,684 | +94.6% |
| Amounts payable | 17/49 | €20,511 | €18,717 | -€1,794 | -8.7% |
| Amounts payable within one year | 42/48 | €20,266 | €18,472 | -€1,794 | -8.9% |
| Trade debts | 44 | €236 | €1,130 | +€894 | +378.7% |
| Suppliers | 440/4 | €236 | €1,130 | +€894 | +378.7% |
| Taxes, remuneration and social security | 45 | €18,240 | €17,152 | -€1,089 | -6.0% |
| Taxes | 450/3 | €18,240 | €17,152 | -€1,089 | -6.0% |
| Other amounts payable | 47/48 | €1,790 | €190 | -€1,599 | -89.4% |
| Accrued charges and deferred income | 492/3 | €245 | €245 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €958 | €1,673 | +€715 | +74.7% |
| Other operating charges | 640/8 | €1,759 | €535 | -€1,224 | -69.6% |
| Gross operating margin | 9900 | €91,438 | €85,835 | -€5,602 | -6.1% |
| Operating profit (loss) | 9901 | €88,721 | €83,627 | -€5,094 | -5.7% |
| Financial income | 75/76B | €56 | €428 | +€372 | +662.4% |
| Recurring financial income | 75 | €56 | €428 | +€372 | +662.4% |
| Financial charges | 65/66B | €19 | €91 | +€72 | +371.7% |
| Recurring financial charges | 65 | €19 | €91 | +€72 | +371.7% |
| Profit (loss) for the period before taxes | 9903 | €88,758 | €83,964 | -€4,794 | -5.4% |
| Income taxes | 67/77 | €18,257 | €17,280 | -€977 | -5.4% |
| Profit (loss) for the period | 9904 | €70,501 | €66,684 | -€3,816 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,501 | €66,684 | -€3,816 | -5.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.