NEP AGENCY: 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.
NEP AGENCY
Largest movements
- Receivables within one year +€13,985
up €13,985 (+31.9%), from €43,787 to €57,772
- Cash +€5,503
up €5,503 (+5.5%), from €100,564 to €106,067
mainly Net result for the year (+€21,850) and Advances received (+€10,252)
- Tangible fixed assets +€4,648
up €4,648 (+238%), from €1,950 to €6,598
- Profit (loss) carried forward +€21,850
up €21,850 (+32.4%), from €67,432 to €89,282
- Advances received +€10,252
new in 2025: €10,252
- Accrued charges and deferred income -€6,500
no longer reported in 2025 (was €6,500)
- Trade debts +€4,504
up €4,504 (+11.8%), from €38,289 to €42,793
- Tax, wage and social debts -€3,387
down €3,387 (-12.9%), from €26,303 to €22,916
of which Taxes: -€14,247
- Gross operating margin +€77,983
up €77,983 (+568%), from €13,722 to €91,704
- Staff costs +€58,438
up €58,438 (+1,656%), from €3,530 to €61,967
- Taxes +€3,257
up €3,257 (+93.2%), from €3,494 to €6,751
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 | €147,576 | €173,171 | +€25,594 | +17.3% |
| Fixed assets | 21/28 | €2,800 | €7,448 | +€4,648 | +166% |
| Tangible fixed assets | 22/27 | €1,950 | €6,598 | +€4,648 | +238% |
| Furniture and vehicles | 24 | €1,950 | €6,598 | +€4,648 | +238% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €144,776 | €165,722 | +€20,946 | +14.5% |
| Amounts receivable within one year | 40/41 | €43,787 | €57,772 | +€13,985 | +31.9% |
| Trade receivables | 40 | €43,787 | €57,772 | +€13,985 | +31.9% |
| Cash at bank and in hand | 54/58 | €100,564 | €106,067 | +€5,503 | +5.5% |
| Deferred charges and accrued income | 490/1 | €425 | €1,884 | +€1,458 | +343% |
| Total equity and liabilities | 10/49 | €147,576 | €173,171 | +€25,594 | +17.3% |
| Equity | 10/15 | €70,432 | €92,282 | +€21,850 | +31.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,432 | €89,282 | +€21,850 | +32.4% |
| Amounts payable | 17/49 | €77,144 | €80,889 | +€3,745 | +4.9% |
| Amounts payable within one year | 42/48 | €70,644 | €80,889 | +€10,245 | +14.5% |
| Trade debts | 44 | €38,289 | €42,793 | +€4,504 | +11.8% |
| Suppliers | 440/4 | €38,289 | €42,793 | +€4,504 | +11.8% |
| Advances received on contracts in progress | 46 | - | €10,252 | +€10,252 | |
| Taxes, remuneration and social security | 45 | €26,303 | €22,916 | -€3,387 | -12.9% |
| Taxes | 450/3 | €24,757 | €10,510 | -€14,247 | -57.5% |
| Remuneration and social security | 454/9 | €1,546 | €12,406 | +€10,860 | +703% |
| Other amounts payable | 47/48 | €6,052 | €4,929 | -€1,124 | -18.6% |
| Accrued charges and deferred income | 492/3 | €6,500 | - | -€6,500 | |
| Remuneration, social security and pensions | 62 | €3,530 | €61,967 | +€58,438 | +1,656% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €570 | €910 | +€340 | +59.6% |
| Other operating charges | 640/8 | €442 | €107 | -€335 | -75.7% |
| Gross operating margin | 9900 | €13,722 | €91,704 | +€77,983 | +568% |
| Operating profit (loss) | 9901 | €9,180 | €28,720 | +€19,540 | +213% |
| Financial income | 75/76B | €25 | €0 | -€25 | -99.0% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -99.0% |
| Financial charges | 65/66B | €132 | €119 | -€13 | -9.9% |
| Recurring financial charges | 65 | €132 | €119 | -€13 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €9,073 | €28,601 | +€19,528 | +215% |
| Income taxes | 67/77 | €3,494 | €6,751 | +€3,257 | +93.2% |
| Profit (loss) for the period | 9904 | €5,579 | €21,850 | +€16,270 | +292% |
| Profit (loss) for the period to be appropriated | 9905 | €5,579 | €21,850 | +€16,270 | +292% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.