NDDN: 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.
NDDN
Largest movements
- Cash +€31,979
up €31,979 (+162.9%), from €19,632 to €51,611
mainly Net result for the year (+€22,910) and Tax, wage and social debts (+€15,969)
- Receivables within one year -€11,035
no longer reported in 2025 (was €11,035)
- Tangible fixed assets +€3,256
new in 2025: €3,256
- Profit (loss) carried forward +€22,910
up €22,910 (+536.9%), from €4,267 to €27,177
- Tax, wage and social debts +€15,969
up €15,969 (+259.7%), from €6,148 to €22,117
of which Remuneration and social security: +€10,598
- Other debts -€9,834
down €9,834 (-85.2%), from €11,548 to €1,714
- Trade debts -€4,845
down €4,845 (-84.9%), from €5,704 to €859
- Turnover +€62,756
up €62,756 (+125.4%), from €50,060 to €112,816
- Purchases and services +€39,559
up €39,559 (+90.9%), from €43,525 to €83,084
- Gross operating margin +€25,316
up €25,316 (+305.1%), from €8,298 to €33,614
- Taxes +€5,088
up €5,088 (+395.1%), from €1,288 to €6,375
- Financial charges +€1,824
up €1,824 (+91.6%), from €1,992 to €3,816
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.
Cash bridge derived
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 | €30,667 | €54,867 | +€24,200 | +78.9% |
| Fixed assets | 21/28 | - | €3,256 | +€3,256 | |
| Tangible fixed assets | 22/27 | - | €3,256 | +€3,256 | |
| Furniture and vehicles | 24 | - | €3,256 | +€3,256 | |
| Current assets | 29/58 | €30,667 | €51,611 | +€20,944 | +68.3% |
| Amounts receivable within one year | 40/41 | €11,035 | - | -€11,035 | |
| Trade receivables | 40 | €11,035 | - | -€11,035 | |
| Cash at bank and in hand | 54/58 | €19,632 | €51,611 | +€31,979 | +162.9% |
| Total equity and liabilities | 10/49 | €30,667 | €54,867 | +€24,200 | +78.9% |
| Equity | 10/15 | €7,267 | €30,177 | +€22,910 | +315.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,267 | €27,177 | +€22,910 | +536.9% |
| Amounts payable | 17/49 | €23,400 | €24,690 | +€1,290 | +5.5% |
| Amounts payable within one year | 42/48 | €23,400 | €24,690 | +€1,290 | +5.5% |
| Trade debts | 44 | €5,704 | €859 | -€4,845 | -84.9% |
| Suppliers | 440/4 | €5,704 | €859 | -€4,845 | -84.9% |
| Taxes, remuneration and social security | 45 | €6,148 | €22,117 | +€15,969 | +259.7% |
| Taxes | 450/3 | €5,883 | €11,253 | +€5,371 | +91.3% |
| Remuneration and social security | 454/9 | €265 | €10,864 | +€10,598 | +3993.4% |
| Other amounts payable | 47/48 | €11,548 | €1,714 | -€9,834 | -85.2% |
| Turnover | 70 | €50,060 | €112,816 | +€62,756 | +125.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €43,525 | €83,084 | +€39,559 | +90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €146 | +€146 | |
| Other operating charges | 640/8 | €751 | €372 | -€379 | -50.4% |
| Gross operating margin | 9900 | €8,298 | €33,614 | +€25,316 | +305.1% |
| Operating profit (loss) | 9901 | €7,547 | €33,095 | +€25,548 | +338.5% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €1,992 | €3,816 | +€1,824 | +91.6% |
| Recurring financial charges | 65 | €1,992 | €3,816 | +€1,824 | +91.6% |
| Profit (loss) for the period before taxes | 9903 | €5,555 | €29,285 | +€23,731 | +427.2% |
| Income taxes | 67/77 | €1,288 | €6,375 | +€5,088 | +395.1% |
| Profit (loss) for the period | 9904 | €4,267 | €22,910 | +€18,643 | +436.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,267 | €22,910 | +€18,643 | +436.9% |
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 10 October 2026 via checked.be.