NDL CONSTRUCTION: 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.
NDL CONSTRUCTION
Largest movements
- Cash +€711
new in 2025: €711
mainly Trade debts (+€2,147) and Contributions, distributions and other (+€2,000)
- Tangible fixed assets -€380
down €380 (-50.0%), from €759 to €380
- Deferred charges and accrued income -€300
no longer reported in 2025 (was €300)
- Receivables within one year -€110
down €110 (-2.1%), from €5,349 to €5,239
of which Other amounts receivable: -€2,710
- Profit (loss) carried forward -€5,626
down €5,626, from €4,810 to -€816
- Trade debts +€2,147
up €2,147 (+542.7%), from €396 to €2,543
- Contributions +€2,000
new in 2025: €2,000
- Tax, wage and social debts +€1,400
up €1,400 (+116.4%), from €1,203 to €2,603
of which Remuneration and social security: +€1,000
- Purchases and services +€39,396
up €39,396 (+866.3%), from €4,548 to €43,943
- Turnover +€25,690
up €25,690 (+232.2%), from €11,063 to €36,753
- Gross operating margin -€12,033
down €12,033, from €6,799 to -€5,234
- Taxes -€1,203
no longer reported in 2025 (was €1,203)
- Other operating charges -€396
no longer reported in 2025 (was €396)
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 | €6,408 | €6,330 | -€79 | -1.2% |
| Fixed assets | 21/28 | €759 | €380 | -€380 | -50.0% |
| Tangible fixed assets | 22/27 | €759 | €380 | -€380 | -50.0% |
| Furniture and vehicles | 24 | €759 | €380 | -€380 | -50.0% |
| Current assets | 29/58 | €5,649 | €5,950 | +€301 | +5.3% |
| Amounts receivable within one year | 40/41 | €5,349 | €5,239 | -€110 | -2.1% |
| Trade receivables | 40 | - | €2,600 | +€2,600 | |
| Other amounts receivable | 41 | €5,349 | €2,639 | -€2,710 | -50.7% |
| Cash at bank and in hand | 54/58 | - | €711 | +€711 | |
| Deferred charges and accrued income | 490/1 | €300 | - | -€300 | |
| Total equity and liabilities | 10/49 | €6,408 | €6,330 | -€79 | -1.2% |
| Equity | 10/15 | €4,810 | €1,184 | -€3,626 | -75.4% |
| Contributions | 10/11 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €4,810 | -€816 | -€5,626 | |
| Amounts payable | 17/49 | €1,598 | €5,146 | +€3,547 | +222.0% |
| Amounts payable within one year | 42/48 | €1,598 | €5,146 | +€3,547 | +222.0% |
| Trade debts | 44 | €396 | €2,543 | +€2,147 | +542.7% |
| Suppliers | 440/4 | €396 | €2,543 | +€2,147 | +542.7% |
| Taxes, remuneration and social security | 45 | €1,203 | €2,603 | +€1,400 | +116.4% |
| Taxes | 450/3 | €1,203 | €1,603 | +€400 | +33.3% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Turnover | 70 | €11,063 | €36,753 | +€25,690 | +232.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,548 | €43,943 | +€39,396 | +866.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €391 | €380 | -€11 | -2.9% |
| Other operating charges | 640/8 | €396 | - | -€396 | |
| Gross operating margin | 9900 | €6,799 | -€5,234 | -€12,033 | |
| Operating profit (loss) | 9901 | €6,013 | -€5,613 | -€11,626 | |
| Financial income | 75/76B | - | €171 | +€171 | |
| Recurring financial income | 75 | - | €171 | +€171 | |
| Financial charges | 65/66B | - | €183 | +€183 | |
| Recurring financial charges | 65 | - | €183 | +€183 | |
| Profit (loss) for the period before taxes | 9903 | €6,013 | -€5,626 | -€11,639 | |
| Income taxes | 67/77 | €1,203 | - | -€1,203 | |
| Profit (loss) for the period | 9904 | €4,810 | -€5,626 | -€10,436 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,810 | -€5,626 | -€10,436 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.