NEGOPART: 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.
NEGOPART
Largest movements
- Tangible fixed assets -€195,409
down €195,409 (-91.0%), from €214,801 to €19,392
of which Land and buildings: -€199,057
- Current investments -€71,384
down €71,384 (-85.1%), from €83,899 to €12,515
- Receivables after one year -€62,546
down €62,546 (-43.9%), from €142,546 to €80,000
- Cash -€46,516
down €46,516 (-92.6%), from €50,233 to €3,717
- Financial fixed assets +€27,532
new in 2024: €27,532
- Equity -€223,770
down €223,770 (-61.8%), from €361,796 to €138,026
- Debts after one year -€100,000
no longer reported in 2024 (was €100,000)
- Tax, wage and social debts -€40,058
down €40,058 (-66.5%), from €60,200 to €20,142
of which Taxes: -€36,439
- Provisions -€39,740
no longer reported in 2024 (was €39,740)
- Other debts +€18,072
up €18,072 (+9,514%), from €190 to €18,262
- Financial charges +€61,172
up €61,172 (+1,136%), from €5,383 to €66,555
of which Non-recurring financial charges: +€62,546
- Gross operating margin -€41,563
down €41,563 (-28.4%), from €146,143 to €104,580
- Staff costs -€19,142
no longer reported in 2024 (was €19,142)
- Depreciation -€8,204
down €8,204 (-44.5%), from €18,426 to €10,223
- Other operating charges +€3,797
up €3,797 (+137%), from €2,771 to €6,569
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €575,627 | €201,424 | -€374,203 | -65.0% |
| Fixed assets | 21/28 | €214,801 | €46,924 | -€167,877 | -78.2% |
| Tangible fixed assets | 22/27 | €214,801 | €19,392 | -€195,409 | -91.0% |
| Land and buildings | 22 | €199,057 | - | -€199,057 | |
| Furniture and vehicles | 24 | €15,744 | €19,392 | +€3,648 | +23.2% |
| Financial fixed assets | 28 | - | €27,532 | +€27,532 | |
| Current assets | 29/58 | €360,826 | €154,499 | -€206,327 | -57.2% |
| Amounts receivable after more than one year | 29 | €142,546 | €80,000 | -€62,546 | -43.9% |
| Other amounts receivable | 291 | €142,546 | €80,000 | -€62,546 | -43.9% |
| Amounts receivable within one year | 40/41 | €84,149 | €58,268 | -€25,881 | -30.8% |
| Trade receivables | 40 | €75,800 | €14,088 | -€61,712 | -81.4% |
| Other amounts receivable | 41 | €8,349 | €44,180 | +€35,831 | +429% |
| Current investments | 50/53 | €83,899 | €12,515 | -€71,384 | -85.1% |
| Cash at bank and in hand | 54/58 | €50,233 | €3,717 | -€46,516 | -92.6% |
| Total equity and liabilities | 10/49 | €575,627 | €201,424 | -€374,203 | -65.0% |
| Equity | 10/15 | €361,796 | €138,026 | -€223,770 | -61.8% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Revaluation surpluses | 12 | €106,308 | - | -€106,308 | |
| Reserves | 13 | €270,533 | €393,733 | +€123,200 | +45.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €249,924 | €373,124 | +€123,200 | +49.3% |
| Profit (loss) carried forward | 14 | -€27,440 | €1,899 | +€29,339 | |
| Advance to shareholders on the distribution of net assets | 19 | - | €270,000 | +€270,000 | |
| Provisions and deferred taxes | 16 | €39,740 | - | -€39,740 | |
| Provisions for liabilities and charges | 160/5 | €39,740 | - | -€39,740 | |
| Pensions and similar obligations | 160 | €39,740 | - | -€39,740 | |
| Amounts payable | 17/49 | €174,092 | €63,398 | -€110,694 | -63.6% |
| Amounts payable after more than one year | 17 | €100,000 | - | -€100,000 | |
| Financial debts | 170/4 | €100,000 | - | -€100,000 | |
| Amounts payable within one year | 42/48 | €65,282 | €51,123 | -€14,159 | -21.7% |
| Financial debts | 43 | - | €99 | +€99 | |
| Credit institutions | 430/8 | - | €99 | +€99 | |
| Trade debts | 44 | €4,893 | €12,621 | +€7,728 | +158% |
| Suppliers | 440/4 | €4,893 | €12,621 | +€7,728 | +158% |
| Taxes, remuneration and social security | 45 | €60,200 | €20,142 | -€40,058 | -66.5% |
| Taxes | 450/3 | €56,581 | €20,142 | -€36,439 | -64.4% |
| Remuneration and social security | 454/9 | €3,619 | - | -€3,619 | |
| Other amounts payable | 47/48 | €190 | €18,262 | +€18,072 | +9,514% |
| Accrued charges and deferred income | 492/3 | €8,809 | €12,274 | +€3,465 | +39.3% |
| Non-recurring operating income | 76A | €109 | €161,359 | +€161,251 | +148,618% |
| Remuneration, social security and pensions | 62 | €19,142 | - | -€19,142 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,426 | €10,223 | -€8,204 | -44.5% |
| Other operating charges | 640/8 | €2,771 | €6,569 | +€3,797 | +137% |
| Non-recurring operating charges | 66A | €271 | €316 | +€45 | +16.6% |
| Gross operating margin | 9900 | €146,143 | €104,580 | -€41,563 | -28.4% |
| Operating profit (loss) | 9901 | €105,532 | €87,472 | -€18,060 | -17.1% |
| Financial income | 75/76B | €338 | €2,138 | +€1,800 | +532% |
| Recurring financial income | 75 | €338 | €2,138 | +€1,800 | +532% |
| Financial charges | 65/66B | €5,383 | €66,555 | +€61,172 | +1,136% |
| Recurring financial charges | 65 | €5,383 | €4,008 | -€1,374 | -25.5% |
| Non-recurring financial charges | 66B | - | €62,546 | +€62,546 | |
| Profit (loss) for the period before taxes | 9903 | €100,488 | €23,056 | -€77,432 | -77.1% |
| Income taxes | 67/77 | €31,272 | €31,081 | -€191 | -0.6% |
| Profit (loss) for the period | 9904 | €69,216 | -€8,025 | -€77,241 | |
| Transfer from tax-exempt reserves | 789 | - | €106,308 | +€106,308 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,216 | €98,283 | +€29,067 | +42.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.