NDB VERTALINGEN: 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.
NDB VERTALINGEN
Largest movements
- Cash -€24,579
down €24,579 (-84.6%), from €29,060 to €4,481
mainly Net result for the year (-€29,924) and Investment in fixed assets (net) (-€14,050)
- Receivables within one year -€15,117
down €15,117 (-41.8%), from €36,177 to €21,060
of which Trade receivables: -€18,126
- Tangible fixed assets +€9,645
up €9,645 (+59.1%), from €16,328 to €25,974
of which Furniture and vehicles: +€9,865
- Deferred charges and accrued income -€6,237
down €6,237 (-69.6%), from €8,961 to €2,725
- Profit (loss) carried forward -€29,924
down €29,924 (-750%), from -€3,987 to -€33,911
- Other debts +€10,633
new in 2025: €10,633
- Trade debts -€10,251
down €10,251 (-96.7%), from €10,604 to €353
- Tax, wage and social debts -€5,940
down €5,940 (-51.1%), from €11,635 to €5,695
of which Remuneration and social security: -€3,118
- Gross operating margin -€26,229
down €26,229, from €4,668 to -€21,561
- Depreciation -€1,691
down €1,691 (-27.7%), from €6,096 to €4,405
- Financial charges -€613
down €613 (-80.2%), from €764 to €151
- Other operating charges +€378
up €378 (+36.5%), from €1,036 to €1,415
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 | €90,527 | €54,240 | -€36,287 | -40.1% |
| Fixed assets | 21/28 | €16,328 | €25,974 | +€9,645 | +59.1% |
| Tangible fixed assets | 22/27 | €16,328 | €25,974 | +€9,645 | +59.1% |
| Plant, machinery and equipment | 23 | €1,964 | €932 | -€1,032 | -52.6% |
| Furniture and vehicles | 24 | €13,689 | €23,554 | +€9,865 | +72.1% |
| Other tangible fixed assets | 26 | €676 | €1,488 | +€812 | +120% |
| Current assets | 29/58 | €74,199 | €28,266 | -€45,932 | -61.9% |
| Amounts receivable within one year | 40/41 | €36,177 | €21,060 | -€15,117 | -41.8% |
| Trade receivables | 40 | €35,256 | €17,130 | -€18,126 | -51.4% |
| Other amounts receivable | 41 | €921 | €3,930 | +€3,009 | +327% |
| Cash at bank and in hand | 54/58 | €29,060 | €4,481 | -€24,579 | -84.6% |
| Deferred charges and accrued income | 490/1 | €8,961 | €2,725 | -€6,237 | -69.6% |
| Total equity and liabilities | 10/49 | €90,527 | €54,240 | -€36,287 | -40.1% |
| Equity | 10/15 | €67,482 | €37,559 | -€29,924 | -44.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,270 | €65,270 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €65,270 | €65,270 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,987 | -€33,911 | -€29,924 | -750% |
| Amounts payable | 17/49 | €23,045 | €16,681 | -€6,363 | -27.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,045 | €16,681 | -€6,363 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €805 | €0 | -€805 | -100% |
| Credit institutions | 430/8 | €805 | €0 | -€805 | -100% |
| Trade debts | 44 | €10,604 | €353 | -€10,251 | -96.7% |
| Suppliers | 440/4 | €10,604 | €353 | -€10,251 | -96.7% |
| Taxes, remuneration and social security | 45 | €11,635 | €5,695 | -€5,940 | -51.1% |
| Taxes | 450/3 | €5,329 | €2,506 | -€2,823 | -53.0% |
| Remuneration and social security | 454/9 | €6,307 | €3,189 | -€3,118 | -49.4% |
| Other amounts payable | 47/48 | - | €10,633 | +€10,633 | |
| Non-recurring operating income | 76A | - | €8,835 | +€8,835 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,096 | €4,405 | -€1,691 | -27.7% |
| Other operating charges | 640/8 | €1,036 | €1,415 | +€378 | +36.5% |
| Non-recurring operating charges | 66A | - | €2,276 | +€2,276 | |
| Gross operating margin | 9900 | €4,668 | -€21,561 | -€26,229 | |
| Operating profit (loss) | 9901 | -€2,464 | -€29,656 | -€27,192 | -1,103% |
| Financial income | 75/76B | €25 | €0 | -€25 | -100% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -100% |
| Financial charges | 65/66B | €764 | €151 | -€613 | -80.2% |
| Recurring financial charges | 65 | €764 | €151 | -€613 | -80.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,203 | -€29,807 | -€26,604 | -831% |
| Income taxes | 67/77 | €0 | €116 | +€116 | |
| Profit (loss) for the period | 9904 | -€3,203 | -€29,924 | -€26,720 | -834% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,203 | -€29,924 | -€26,720 | -834% |
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 15 October 2026 via checked.be.