NECHLY: 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.
NECHLY
Largest movements
- Current investments +€382,596
up €382,596 (+130.0%), from €294,410 to €677,006
- Cash -€359,179
down €359,179 (-83.3%), from €431,043 to €71,863
mainly Current investments (-€382,596) and Investment in fixed assets (net) (-€186,275)
- Tangible fixed assets +€140,528
up €140,528 (+169.8%), from €82,766 to €223,295
of which Land and buildings: +€160,071
- Reserves +€113,771
up €113,771 (+17.6%), from €644,627 to €758,398
of which Distributable reserves: +€113,771
- Debts after one year +€73,228
up €73,228 (+204.6%), from €35,795 to €109,024
of which Other amounts payable: +€100,000
- Tax, wage and social debts -€28,000
down €28,000 (-34.8%), from €80,563 to €52,563
of which Taxes: -€38,557
- Other debts +€15,389
up €15,389 (+37.7%), from €40,812 to €56,201
- Gross operating margin -€383,124
down €383,124 (-42.9%), from €892,643 to €509,519
- Staff costs -€143,205
down €143,205 (-31.8%), from €449,965 to €306,760
- Taxes -€56,966
down €56,966 (-54.9%), from €103,813 to €46,847
- Depreciation -€51,471
down €51,471 (-53.0%), from €97,113 to €45,642
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 | €868,445 | €1,031,026 | +€162,581 | +18.7% |
| Fixed assets | 21/28 | €83,480 | €224,113 | +€140,632 | +168.5% |
| Tangible fixed assets | 22/27 | €82,766 | €223,295 | +€140,528 | +169.8% |
| Land and buildings | 22 | €12,891 | €172,962 | +€160,071 | +1241.7% |
| Plant, machinery and equipment | 23 | €49,929 | €35,914 | -€14,016 | -28.1% |
| Furniture and vehicles | 24 | €19,946 | €14,419 | -€5,527 | -27.7% |
| Financial fixed assets | 28 | €714 | €818 | +€104 | +14.6% |
| Current assets | 29/58 | €784,965 | €806,913 | +€21,948 | +2.8% |
| Stocks and contracts in progress | 3 | €23,559 | €23,226 | -€334 | -1.4% |
| Stocks | 30/36 | €23,559 | €23,226 | -€334 | -1.4% |
| Amounts receivable within one year | 40/41 | €8,874 | €15,219 | +€6,345 | +71.5% |
| Trade receivables | 40 | €1,533 | €1,380 | -€153 | -10.0% |
| Other amounts receivable | 41 | €7,341 | €13,840 | +€6,498 | +88.5% |
| Current investments | 50/53 | €294,410 | €677,006 | +€382,596 | +130.0% |
| Cash at bank and in hand | 54/58 | €431,043 | €71,863 | -€359,179 | -83.3% |
| Deferred charges and accrued income | 490/1 | €27,078 | €19,598 | -€7,480 | -27.6% |
| Total equity and liabilities | 10/49 | €868,445 | €1,031,026 | +€162,581 | +18.7% |
| Equity | 10/15 | €657,027 | €770,798 | +€113,771 | +17.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €644,627 | €758,398 | +€113,771 | +17.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,801 | €4,801 | = | 0.0% |
| Distributable reserves | 133 | €639,826 | €753,597 | +€113,771 | +17.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €211,418 | €260,227 | +€48,809 | +23.1% |
| Amounts payable after more than one year | 17 | €35,795 | €109,024 | +€73,228 | +204.6% |
| Financial debts | 170/4 | €35,795 | €9,024 | -€26,772 | -74.8% |
| Other amounts payable | 178/9 | - | €100,000 | +€100,000 | |
| Amounts payable within one year | 42/48 | €175,623 | €149,067 | -€26,556 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €36,085 | €26,772 | -€9,314 | -25.8% |
| Trade debts | 44 | €18,162 | €13,531 | -€4,631 | -25.5% |
| Suppliers | 440/4 | €18,162 | €13,531 | -€4,631 | -25.5% |
| Taxes, remuneration and social security | 45 | €80,563 | €52,563 | -€28,000 | -34.8% |
| Taxes | 450/3 | €49,992 | €11,435 | -€38,557 | -77.1% |
| Remuneration and social security | 454/9 | €30,572 | €41,128 | +€10,556 | +34.5% |
| Other amounts payable | 47/48 | €40,812 | €56,201 | +€15,389 | +37.7% |
| Accrued charges and deferred income | 492/3 | - | €2,137 | +€2,137 | |
| Remuneration, social security and pensions | 62 | €449,965 | €306,760 | -€143,205 | -31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,113 | €45,642 | -€51,471 | -53.0% |
| Other operating charges | 640/8 | €3,759 | €3,620 | -€139 | -3.7% |
| Gross operating margin | 9900 | €892,643 | €509,519 | -€383,124 | -42.9% |
| Operating profit (loss) | 9901 | €341,806 | €153,497 | -€188,309 | -55.1% |
| Financial income | 75/76B | €12,307 | €12,850 | +€543 | +4.4% |
| Recurring financial income | 75 | €8,140 | €12,850 | +€4,709 | +57.9% |
| Non-recurring financial income | 76B | €4,166 | €0 | -€4,166 | -100.0% |
| Financial charges | 65/66B | €13,860 | €5,729 | -€8,131 | -58.7% |
| Recurring financial charges | 65 | €13,860 | €5,729 | -€8,131 | -58.7% |
| Profit (loss) for the period before taxes | 9903 | €340,253 | €160,618 | -€179,635 | -52.8% |
| Income taxes | 67/77 | €103,813 | €46,847 | -€56,966 | -54.9% |
| Profit (loss) for the period | 9904 | €236,440 | €113,771 | -€122,669 | -51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €236,440 | €113,771 | -€122,669 | -51.9% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.