NDS: 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.
NDS
Largest movements
- Cash +€13,356
up €13,356 (+130.3%), from €10,248 to €23,603
mainly Net result for the year (+€19,729) and Other debts (+€9,890)
- Receivables within one year +€9,339
up €9,339 (+31.0%), from €30,092 to €39,431
of which Trade receivables: +€9,339
- Tangible fixed assets -€1,852
down €1,852 (-17.9%), from €10,342 to €8,489
of which Other tangible fixed assets: -€982
- Other debts +€9,890
up €9,890 (+194.6%), from €5,083 to €14,973
- Profit (loss) carried forward +€9,729
up €9,729 (+60.5%), from €16,073 to €25,803
- Tax, wage and social debts +€2,975
up €2,975 (+25.8%), from €11,535 to €14,510
of which Taxes: +€2,962
- Trade debts -€1,752
down €1,752 (-17.6%), from €9,931 to €8,179
- Gross operating margin +€11,399
up €11,399 (+55.7%), from €20,453 to €31,852
- Other operating charges +€5,046
up €5,046 (+443.1%), from €1,139 to €6,185
- Taxes -€839
down €839 (-17.7%), from €4,730 to €3,891
- Depreciation -€803
down €803 (-30.2%), from €2,655 to €1,852
- Financial charges +€354
up €354 (+418.4%), from €85 to €439
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 | €50,682 | €71,524 | +€20,842 | +41.1% |
| Fixed assets | 21/28 | €10,342 | €8,489 | -€1,852 | -17.9% |
| Tangible fixed assets | 22/27 | €10,342 | €8,489 | -€1,852 | -17.9% |
| Furniture and vehicles | 24 | €1,586 | €716 | -€871 | -54.9% |
| Other tangible fixed assets | 26 | €8,756 | €7,774 | -€982 | -11.2% |
| Current assets | 29/58 | €40,340 | €63,035 | +€22,695 | +56.3% |
| Amounts receivable within one year | 40/41 | €30,092 | €39,431 | +€9,339 | +31.0% |
| Trade receivables | 40 | €29,841 | €39,180 | +€9,339 | +31.3% |
| Other amounts receivable | 41 | €251 | €251 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,248 | €23,603 | +€13,356 | +130.3% |
| Total equity and liabilities | 10/49 | €50,682 | €71,524 | +€20,842 | +41.1% |
| Equity | 10/15 | €24,133 | €33,863 | +€9,729 | +40.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,073 | €25,803 | +€9,729 | +60.5% |
| Amounts payable | 17/49 | €26,549 | €37,662 | +€11,113 | +41.9% |
| Amounts payable within one year | 42/48 | €26,549 | €37,662 | +€11,113 | +41.9% |
| Trade debts | 44 | €9,931 | €8,179 | -€1,752 | -17.6% |
| Suppliers | 440/4 | €9,931 | €8,179 | -€1,752 | -17.6% |
| Taxes, remuneration and social security | 45 | €11,535 | €14,510 | +€2,975 | +25.8% |
| Taxes | 450/3 | €9,057 | €12,019 | +€2,962 | +32.7% |
| Remuneration and social security | 454/9 | €2,478 | €2,491 | +€13 | +0.5% |
| Other amounts payable | 47/48 | €5,083 | €14,973 | +€9,890 | +194.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,655 | €1,852 | -€803 | -30.2% |
| Other operating charges | 640/8 | €1,139 | €6,185 | +€5,046 | +443.1% |
| Gross operating margin | 9900 | €20,453 | €31,852 | +€11,399 | +55.7% |
| Operating profit (loss) | 9901 | €16,659 | €23,814 | +€7,155 | +43.0% |
| Financial income | 75/76B | €1 | €245 | +€245 | +40810.0% |
| Recurring financial income | 75 | €1 | €245 | +€245 | +40810.0% |
| Financial charges | 65/66B | €85 | €439 | +€354 | +418.4% |
| Recurring financial charges | 65 | €85 | €439 | +€354 | +418.4% |
| Profit (loss) for the period before taxes | 9903 | €16,575 | €23,620 | +€7,046 | +42.5% |
| Income taxes | 67/77 | €4,730 | €3,891 | -€839 | -17.7% |
| Profit (loss) for the period | 9904 | €11,845 | €19,729 | +€7,885 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,845 | €19,729 | +€7,885 | +66.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.