NegenZestien: 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.
NegenZestien
Largest movements
- Receivables within one year +€431,382
up €431,382 (+184%), from €234,431 to €665,813
of which Trade receivables: +€362,905
- Cash +€61,831
up €61,831 (+130%), from €47,605 to €109,436
mainly Trade debts (+€284,411) and Net result for the year (+€210,797)
- Stocks and contracts -€40,788
no longer reported in 2025 (was €40,788)
- Deferred charges and accrued income -€10,144
down €10,144 (-97.1%), from €10,451 to €307
- Trade debts +€284,411
up €284,411 (+147%), from €193,413 to €477,824
- Other debts +€112,739
up €112,739 (+142%), from €79,606 to €192,345
- Profit (loss) carried forward +€23,151
up €23,151 (+86.2%), from €26,849 to €50,000
- Tax, wage and social debts +€12,236
up €12,236 (+222%), from €5,508 to €17,744
of which Remuneration and social security: +€12,236
- Accrued charges and deferred income +€11,332
up €11,332 (+78.6%), from €14,418 to €25,750
- Gross operating margin +€176,932
up €176,932 (+102%), from €172,835 to €349,767
- Staff costs +€33,169
up €33,169 (+35.6%), from €93,178 to €126,347
- Taxes +€7,043
up €7,043 (+236%), from €2,989 to €10,032
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 | €334,794 | €778,662 | +€443,868 | +133% |
| Fixed assets | 21/28 | €1,518 | €3,106 | +€1,588 | +105% |
| Tangible fixed assets | 22/27 | €1,518 | €3,106 | +€1,588 | +105% |
| Plant, machinery and equipment | 23 | - | €497 | +€497 | |
| Furniture and vehicles | 24 | €1,518 | €2,610 | +€1,091 | +71.9% |
| Current assets | 29/58 | €333,276 | €775,556 | +€442,280 | +133% |
| Stocks and contracts in progress | 3 | €40,788 | - | -€40,788 | |
| Contracts in progress | 37 | €40,788 | - | -€40,788 | |
| Amounts receivable within one year | 40/41 | €234,431 | €665,813 | +€431,382 | +184% |
| Trade receivables | 40 | €194,783 | €557,688 | +€362,905 | +186% |
| Other amounts receivable | 41 | €39,648 | €108,125 | +€68,477 | +173% |
| Cash at bank and in hand | 54/58 | €47,605 | €109,436 | +€61,831 | +130% |
| Deferred charges and accrued income | 490/1 | €10,451 | €307 | -€10,144 | -97.1% |
| Total equity and liabilities | 10/49 | €334,794 | €778,662 | +€443,868 | +133% |
| Equity | 10/15 | €41,849 | €65,000 | +€23,151 | +55.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,849 | €50,000 | +€23,151 | +86.2% |
| Amounts payable | 17/49 | €292,945 | €713,662 | +€420,717 | +144% |
| Amounts payable within one year | 42/48 | €278,527 | €687,912 | +€409,385 | +147% |
| Trade debts | 44 | €193,413 | €477,824 | +€284,411 | +147% |
| Suppliers | 440/4 | €193,413 | €477,824 | +€284,411 | +147% |
| Taxes, remuneration and social security | 45 | €5,508 | €17,744 | +€12,236 | +222% |
| Taxes | 450/3 | €819 | €819 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,689 | €16,925 | +€12,236 | +261% |
| Other amounts payable | 47/48 | €79,606 | €192,345 | +€112,739 | +142% |
| Accrued charges and deferred income | 492/3 | €14,418 | €25,750 | +€11,332 | +78.6% |
| Remuneration, social security and pensions | 62 | €93,178 | €126,347 | +€33,169 | +35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €624 | €883 | +€258 | +41.4% |
| Other operating charges | 640/8 | €62 | €141 | +€78 | +125% |
| Gross operating margin | 9900 | €172,835 | €349,767 | +€176,932 | +102% |
| Operating profit (loss) | 9901 | €78,970 | €222,397 | +€143,426 | +182% |
| Financial income | 75/76B | €8 | €55 | +€47 | +577% |
| Recurring financial income | 75 | €8 | €55 | +€47 | +577% |
| Financial charges | 65/66B | €269 | €1,623 | +€1,354 | +503% |
| Recurring financial charges | 65 | €269 | €1,623 | +€1,354 | +503% |
| Profit (loss) for the period before taxes | 9903 | €78,709 | €220,829 | +€142,119 | +181% |
| Income taxes | 67/77 | €2,989 | €10,032 | +€7,043 | +236% |
| Profit (loss) for the period | 9904 | €75,720 | €210,797 | +€135,077 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €75,720 | €210,797 | +€135,077 | +178% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.