NEC+ULTRA: 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.
NEC+ULTRA
Largest movements
- Receivables within one year +€1,556
up €1,556 (+2.4%), from €64,033 to €65,589
- Deferred charges and accrued income -€1,545
down €1,545 (-50.3%), from €3,070 to €1,525
- Cash -€1,028
down €1,028 (-14.9%), from €6,899 to €5,871
mainly Receivables within one year (-€1,556) and Trade debts (-€809)
- Trade debts -€809
no longer reported in 2025 (was €809)
- Gross operating margin -€9,992
down €9,992 (-98.8%), from €10,117 to €125
- Taxes -€1,200
no longer reported in 2025 (was €1,200)
- Financial charges -€516
no longer reported in 2025 (was €516)
of which Financial charges: -€516
- Other operating charges -€178
down €178 (-34.8%), from €511 to €333
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 | €74,002 | €72,985 | -€1,017 | -1.4% |
| Current assets | 29/58 | €74,002 | €72,985 | -€1,017 | -1.4% |
| Amounts receivable within one year | 40/41 | €64,033 | €65,589 | +€1,556 | +2.4% |
| Other amounts receivable | 41 | €64,033 | €65,589 | +€1,556 | +2.4% |
| Cash at bank and in hand | 54/58 | €6,899 | €5,871 | -€1,028 | -14.9% |
| Deferred charges and accrued income | 490/1 | €3,070 | €1,525 | -€1,545 | -50.3% |
| Total equity and liabilities | 10/49 | €74,002 | €72,985 | -€1,017 | -1.4% |
| Equity | 10/15 | €73,193 | €72,985 | -€208 | -0.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,000 | €21,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,000 | €21,000 | = | 0.0% |
| Other | 1319 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,793 | €39,585 | -€208 | -0.5% |
| Amounts payable | 17/49 | €809 | - | -€809 | |
| Amounts payable within one year | 42/48 | €809 | - | -€809 | |
| Trade debts | 44 | €809 | - | -€809 | |
| Suppliers | 440/4 | €809 | - | -€809 | |
| Other operating charges | 640/8 | €511 | €333 | -€178 | -34.8% |
| Gross operating margin | 9900 | €10,117 | €125 | -€9,992 | -98.8% |
| Operating profit (loss) | 9901 | €9,606 | -€208 | -€9,814 | |
| Financial charges | 65/66B | €516 | - | -€516 | |
| Recurring financial charges | 65 | €516 | - | -€516 | |
| Non-recurring financial charges | 66B | €516 | - | -€516 | |
| Profit (loss) for the period before taxes | 9903 | €9,090 | -€208 | -€9,298 | |
| Income taxes | 67/77 | €1,200 | - | -€1,200 | |
| Profit (loss) for the period | 9904 | €7,890 | -€208 | -€8,098 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,890 | -€208 | -€8,098 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.