NECHINDELPHINE: what changed
NECHINDELPHINE
Largest movements
- Cash -€437,848
down €437,848 (-71.8%), from €609,430 to €171,582
mainly Other debts (-€611,099) and Smaller working-capital items (-€100)
- Other debts -€611,099
down €611,099 (-80.6%), from €758,623 to €147,524
- Profit (loss) carried forward +€173,350
up €173,350 (+15.9%), from €1.1m to €1.3m
- Taxes +€7,946
no longer reported in 2025 (was -€7,946)
- Financial income -€3,635
down €3,635 (-2.0%), from €180,908 to €177,273
- Gross operating margin +€1,164
up €1,164 (+23.5%), from -€4,950 to -€3,786
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,616,986 | €16,178,270 | -€438,716 | -2.6% |
| Fixed assets | 21/28 | €13,254,150 | €13,254,150 | = | 0.0% |
| Financial fixed assets | 28 | €13,254,150 | €13,254,150 | = | 0.0% |
| Current assets | 29/58 | €3,362,835 | €2,924,119 | -€438,716 | -13.0% |
| Amounts receivable after more than one year | 29 | €2,700,000 | €2,700,000 | = | 0.0% |
| Trade receivables | 290 | €2,700,000 | €2,700,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €53,406 | €52,538 | -€868 | -1.6% |
| Other amounts receivable | 41 | €53,406 | €52,538 | -€868 | -1.6% |
| Cash at bank and in hand | 54/58 | €609,430 | €171,582 | -€437,848 | -71.8% |
| Total equity and liabilities | 10/49 | €16,616,986 | €16,178,270 | -€438,716 | -2.6% |
| Equity | 10/15 | €15,857,395 | €16,030,746 | +€173,350 | +1.1% |
| Contributions | 10/11 | €14,758,927 | €14,758,927 | = | 0.0% |
| Reserves | 13 | €7,066 | €7,066 | = | 0.0% |
| Distributable reserves | 133 | €7,066 | €7,066 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,091,402 | €1,264,752 | +€173,350 | +15.9% |
| Amounts payable | 17/49 | €759,590 | €147,524 | -€612,066 | -80.6% |
| Amounts payable within one year | 42/48 | €759,590 | €147,524 | -€612,066 | -80.6% |
| Trade debts | 44 | €968 | - | -€968 | |
| Suppliers | 440/4 | €968 | - | -€968 | |
| Other amounts payable | 47/48 | €758,623 | €147,524 | -€611,099 | -80.6% |
| Other operating charges | 640/8 | €85 | €88 | +€3 | +3.1% |
| Gross operating margin | 9900 | -€4,950 | -€3,786 | +€1,164 | +23.5% |
| Operating profit (loss) | 9901 | -€5,035 | -€3,874 | +€1,161 | +23.1% |
| Financial income | 75/76B | €180,908 | €177,273 | -€3,635 | -2.0% |
| Recurring financial income | 75 | €180,908 | €177,273 | -€3,635 | -2.0% |
| Financial charges | 65/66B | - | €48 | +€48 | |
| Recurring financial charges | 65 | - | €48 | +€48 | |
| Profit (loss) for the period before taxes | 9903 | €175,872 | €173,350 | -€2,522 | -1.4% |
| Income taxes | 67/77 | -€7,946 | - | +€7,946 | |
| Profit (loss) for the period | 9904 | €183,818 | €173,350 | -€10,468 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €183,818 | €173,350 | -€10,468 | -5.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.