NENT: 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.
NENT
Largest movements
- Stocks and contracts -€24,840
down €24,840 (-39.2%), from €63,340 to €38,500
- Cash -€8,623
down €8,623 (-19.8%), from €43,606 to €34,984
mainly Net result for the year (-€52,748) and Tax, wage and social debts (-€1,481)
- Tangible fixed assets -€2,397
down €2,397 (-100.0%), from €2,397 to €0
of which Furniture and vehicles: -€2,397
- Profit (loss) carried forward -€52,748
down €52,748, from €38,848 to -€13,900
- Debts after one year +€17,272
up €17,272 (+529.3%), from €3,263 to €20,535
- Tax, wage and social debts -€1,481
down €1,481 (-70.0%), from €2,116 to €635
of which Remuneration and social security: -€1,444
- Gross operating margin -€40,921
down €40,921 (-595.0%), from -€6,877 to -€47,798
- Other operating charges +€1,011
up €1,011 (+237.8%), from €425 to €1,437
- Financial charges -€569
down €569 (-33.7%), from €1,690 to €1,121
From the 2023 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,288 | €76,799 | -€36,489 | -32.2% |
| Fixed assets | 21/28 | €2,397 | €0 | -€2,397 | -100.0% |
| Tangible fixed assets | 22/27 | €2,397 | €0 | -€2,397 | -100.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,397 | €0 | -€2,397 | -100.0% |
| Current assets | 29/58 | €110,892 | €76,799 | -€34,093 | -30.7% |
| Stocks and contracts in progress | 3 | €63,340 | €38,500 | -€24,840 | -39.2% |
| Stocks | 30/36 | €63,340 | €38,500 | -€24,840 | -39.2% |
| Amounts receivable within one year | 40/41 | €1,378 | €662 | -€716 | -52.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,378 | €662 | -€716 | -52.0% |
| Cash at bank and in hand | 54/58 | €43,606 | €34,984 | -€8,623 | -19.8% |
| Deferred charges and accrued income | 490/1 | €2,568 | €2,654 | +€87 | +3.4% |
| Total equity and liabilities | 10/49 | €113,288 | €76,799 | -€36,489 | -32.2% |
| Equity | 10/15 | €107,048 | €54,300 | -€52,748 | -49.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,848 | -€13,900 | -€52,748 | |
| Amounts payable | 17/49 | €6,240 | €22,499 | +€16,259 | +260.5% |
| Amounts payable after more than one year | 17 | €3,263 | €20,535 | +€17,272 | +529.3% |
| Other amounts payable | 178/9 | €3,263 | €20,535 | +€17,272 | +529.3% |
| Amounts payable within one year | 42/48 | €2,931 | €1,964 | -€967 | -33.0% |
| Trade debts | 44 | €816 | €1,329 | +€514 | +63.0% |
| Suppliers | 440/4 | €816 | €1,329 | +€514 | +63.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,116 | €635 | -€1,481 | -70.0% |
| Taxes | 450/3 | €672 | €635 | -€37 | -5.5% |
| Remuneration and social security | 454/9 | €1,444 | €0 | -€1,444 | -100.0% |
| Accrued charges and deferred income | 492/3 | €46 | €0 | -€46 | -100.0% |
| Non-recurring operating income | 76A | €2,800 | €0 | -€2,800 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,728 | €2,397 | -€331 | -12.1% |
| Other operating charges | 640/8 | €425 | €1,437 | +€1,011 | +237.8% |
| Gross operating margin | 9900 | -€6,877 | -€47,798 | -€40,921 | -595.0% |
| Operating profit (loss) | 9901 | -€10,031 | -€51,632 | -€41,601 | -414.7% |
| Financial income | 75/76B | €0 | €5 | +€5 | +4910.0% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +4910.0% |
| Financial charges | 65/66B | €1,690 | €1,121 | -€569 | -33.7% |
| Recurring financial charges | 65 | €1,690 | €1,121 | -€569 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,721 | -€52,748 | -€41,027 | -350.0% |
| Profit (loss) for the period | 9904 | -€11,721 | -€52,748 | -€41,027 | -350.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,721 | -€52,748 | -€41,027 | -350.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.