Nederpand: 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.
Nederpand
Largest movements
- Cash -€25,308
down €25,308 (-91.9%), from €27,539 to €2,231
mainly Debts after one year (-€50,000) and Receivables within one year (-€10,256)
- Tangible fixed assets -€21,896
down €21,896 (-100.0%), from €21,896 to €0
of which Land and buildings: -€19,061
- Receivables within one year +€10,256
up €10,256 (+46.4%), from €22,095 to €32,351
of which Trade receivables: +€10,180
- Intangible fixed assets -€1,677
down €1,677 (-100.0%), from €1,677 to €0
- Debts after one year -€50,000
down €50,000 (-84.7%), from €59,000 to €9,000
- Reserves +€11,806
up €11,806 (+204.3%), from €5,778 to €17,584
- Depreciation -€48,005
down €48,005 (-67.1%), from €71,578 to €23,573
- Gross operating margin -€34,727
down €34,727 (-46.2%), from €75,157 to €40,429
- Taxes +€3,647
up €3,647 (+560.4%), from €651 to €4,298
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 | €73,207 | €34,582 | -€38,625 | -52.8% |
| Fixed assets | 21/28 | €23,573 | €0 | -€23,573 | -100.0% |
| Intangible fixed assets | 21 | €1,677 | €0 | -€1,677 | -100.0% |
| Tangible fixed assets | 22/27 | €21,896 | €0 | -€21,896 | -100.0% |
| Land and buildings | 22 | €19,061 | €0 | -€19,061 | -100.0% |
| Plant, machinery and equipment | 23 | €1,949 | €0 | -€1,949 | -100.0% |
| Furniture and vehicles | 24 | €886 | €0 | -€886 | -100.0% |
| Current assets | 29/58 | €49,634 | €34,582 | -€15,051 | -30.3% |
| Amounts receivable within one year | 40/41 | €22,095 | €32,351 | +€10,256 | +46.4% |
| Trade receivables | 40 | €22,095 | €32,275 | +€10,180 | +46.1% |
| Other amounts receivable | 41 | - | €76 | +€76 | |
| Cash at bank and in hand | 54/58 | €27,539 | €2,231 | -€25,308 | -91.9% |
| Total equity and liabilities | 10/49 | €73,207 | €34,582 | -€38,625 | -52.8% |
| Equity | 10/15 | €8,278 | €20,084 | +€11,806 | +142.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €5,778 | €17,584 | +€11,806 | +204.3% |
| Distributable reserves | 133 | €5,778 | €17,584 | +€11,806 | +204.3% |
| Amounts payable | 17/49 | €64,929 | €14,498 | -€50,430 | -77.7% |
| Amounts payable after more than one year | 17 | €59,000 | €9,000 | -€50,000 | -84.7% |
| Other amounts payable | 178/9 | €59,000 | €9,000 | -€50,000 | -84.7% |
| Amounts payable within one year | 42/48 | €5,866 | €5,431 | -€434 | -7.4% |
| Trade debts | 44 | - | €40 | +€40 | |
| Suppliers | 440/4 | - | €40 | +€40 | |
| Taxes, remuneration and social security | 45 | €4,772 | €4,298 | -€475 | -9.9% |
| Taxes | 450/3 | €4,772 | €4,298 | -€475 | -9.9% |
| Other amounts payable | 47/48 | €1,094 | €1,094 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €63 | €67 | +€4 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,578 | €23,573 | -€48,005 | -67.1% |
| Other operating charges | 640/8 | €1,118 | €713 | -€406 | -36.3% |
| Gross operating margin | 9900 | €75,157 | €40,429 | -€34,727 | -46.2% |
| Operating profit (loss) | 9901 | €2,461 | €16,143 | +€13,683 | +556.0% |
| Financial charges | 65/66B | €74 | €40 | -€34 | -45.7% |
| Recurring financial charges | 65 | €74 | €40 | -€34 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €2,386 | €16,103 | +€13,717 | +574.8% |
| Income taxes | 67/77 | €651 | €4,298 | +€3,647 | +560.4% |
| Profit (loss) for the period | 9904 | €1,736 | €11,806 | +€10,070 | +580.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,736 | €11,806 | +€10,070 | +580.2% |
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.