NesCon: 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.
NesCon
Largest movements
- Cash +€35,509
up €35,509 (+24.2%), from €146,432 to €181,941
mainly Net result for the year (+€73,979) and Receivables within one year (+€18,411)
- Receivables within one year -€18,411
down €18,411 (-7.3%), from €251,835 to €233,424
of which Other amounts receivable: -€18,629
- Tangible fixed assets -€10,040
down €10,040 (-19.0%), from €52,841 to €42,802
of which Furniture and vehicles: -€8,494
- Reserves +€73,979
up €73,979 (+28.7%), from €257,470 to €331,449
of which Distributable reserves: +€73,979
- Other debts -€49,425
down €49,425 (-98.3%), from €50,284 to €859
- Debts after one year -€12,202
down €12,202 (-38.2%), from €31,978 to €19,776
- Gross operating margin -€13,222
down €13,222 (-10.7%), from €124,100 to €110,877
- Taxes -€4,550
down €4,550 (-13.0%), from €34,976 to €30,426
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 | €452,569 | €458,936 | +€6,367 | +1.4% |
| Fixed assets | 21/28 | €53,177 | €43,138 | -€10,040 | -18.9% |
| Tangible fixed assets | 22/27 | €52,841 | €42,802 | -€10,040 | -19.0% |
| Land and buildings | 22 | €33,727 | €32,182 | -€1,545 | -4.6% |
| Furniture and vehicles | 24 | €19,114 | €10,620 | -€8,494 | -44.4% |
| Financial fixed assets | 28 | €336 | €336 | = | 0.0% |
| Current assets | 29/58 | €399,391 | €415,798 | +€16,407 | +4.1% |
| Amounts receivable within one year | 40/41 | €251,835 | €233,424 | -€18,411 | -7.3% |
| Trade receivables | 40 | €18,461 | €18,679 | +€218 | +1.2% |
| Other amounts receivable | 41 | €233,374 | €214,745 | -€18,629 | -8.0% |
| Cash at bank and in hand | 54/58 | €146,432 | €181,941 | +€35,509 | +24.2% |
| Deferred charges and accrued income | 490/1 | €1,125 | €434 | -€691 | -61.4% |
| Total equity and liabilities | 10/49 | €452,569 | €458,936 | +€6,367 | +1.4% |
| Equity | 10/15 | €309,118 | €382,238 | +€73,120 | +23.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €257,470 | €331,449 | +€73,979 | +28.7% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €255,615 | €329,594 | +€73,979 | +28.9% |
| Profit (loss) carried forward | 14 | €39,248 | €38,389 | -€859 | -2.2% |
| Provisions and deferred taxes | 16 | €22,585 | €22,585 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €22,585 | €22,585 | = | 0.0% |
| Pensions and similar obligations | 160 | €22,585 | €22,585 | = | 0.0% |
| Amounts payable | 17/49 | €120,867 | €54,114 | -€66,753 | -55.2% |
| Amounts payable after more than one year | 17 | €31,978 | €19,776 | -€12,202 | -38.2% |
| Financial debts | 170/4 | €31,978 | €19,776 | -€12,202 | -38.2% |
| Amounts payable within one year | 42/48 | €88,889 | €33,726 | -€55,163 | -62.1% |
| Current portion of amounts payable after more than one year | 42 | €12,044 | €12,202 | +€158 | +1.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,050 | €660 | -€1,390 | -67.8% |
| Suppliers | 440/4 | €2,050 | €660 | -€1,390 | -67.8% |
| Taxes, remuneration and social security | 45 | €24,511 | €20,005 | -€4,507 | -18.4% |
| Taxes | 450/3 | €24,511 | €20,005 | -€4,507 | -18.4% |
| Other amounts payable | 47/48 | €50,284 | €859 | -€49,425 | -98.3% |
| Accrued charges and deferred income | 492/3 | - | €612 | +€612 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,972 | €11,032 | +€60 | +0.5% |
| Other operating charges | 640/8 | €6,557 | €6,504 | -€52 | -0.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €124,100 | €110,877 | -€13,222 | -10.7% |
| Operating profit (loss) | 9901 | €106,571 | €93,341 | -€13,230 | -12.4% |
| Financial income | 75/76B | €13,618 | €12,732 | -€886 | -6.5% |
| Recurring financial income | 75 | €13,618 | €12,732 | -€886 | -6.5% |
| Financial charges | 65/66B | €1,991 | €1,668 | -€323 | -16.2% |
| Recurring financial charges | 65 | €1,991 | €1,668 | -€323 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €118,197 | €104,405 | -€13,793 | -11.7% |
| Income taxes | 67/77 | €34,976 | €30,426 | -€4,550 | -13.0% |
| Profit (loss) for the period | 9904 | €83,222 | €73,979 | -€9,243 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €83,222 | €73,979 | -€9,243 | -11.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.