Ness: 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.
Ness
Largest movements
- Stocks and contracts -€88,243
down €88,243 (-19.3%), from €458,101 to €369,858
- Receivables within one year +€83,715
up €83,715 (+154%), from €54,461 to €138,176
of which Trade receivables: +€52,512
- Tangible fixed assets +€12,514
up €12,514 (+1,960%), from €639 to €13,152
- Cash -€7,004
down €7,004 (-88.4%), from €7,924 to €920
mainly Receivables within one year (-€83,715) and Short-term financial debts (-€80,572)
- Reserves +€102,337
new in 2025: €102,337
- Profit (loss) carried forward -€99,874
down €99,874 (-100%), from €99,874 to €0
- Other debts +€94,391
up €94,391 (+224%), from €42,206 to €136,596
- Short-term financial debts -€80,572
down €80,572 (-26.9%), from €299,116 to €218,544
of which Credit institutions: -€299,116
- Trade debts -€24,351
down €24,351 (-34.2%), from €71,161 to €46,809
- Gross operating margin -€50,011
down €50,011 (-56.9%), from €87,893 to €37,881
- Taxes -€10,602
down €10,602 (-81.6%), from €12,987 to €2,385
- Other operating charges -€7,675
down €7,675 (-74.7%), from €10,274 to €2,599
- Financial charges +€3,871
up €3,871 (+18.7%), from €20,666 to €24,537
- Depreciation +€1,801
up €1,801 (+321%), from €561 to €2,362
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 | €526,957 | €525,807 | -€1,150 | -0.2% |
| Fixed assets | 21/28 | €639 | €13,152 | +€12,514 | +1,960% |
| Tangible fixed assets | 22/27 | €639 | €13,152 | +€12,514 | +1,960% |
| Furniture and vehicles | 24 | €639 | €13,152 | +€12,514 | +1,960% |
| Current assets | 29/58 | €526,319 | €512,655 | -€13,664 | -2.6% |
| Stocks and contracts in progress | 3 | €458,101 | €369,858 | -€88,243 | -19.3% |
| Stocks | 30/36 | €458,101 | €369,858 | -€88,243 | -19.3% |
| Amounts receivable within one year | 40/41 | €54,461 | €138,176 | +€83,715 | +154% |
| Trade receivables | 40 | €5,021 | €57,532 | +€52,512 | +1,046% |
| Other amounts receivable | 41 | €49,440 | €80,643 | +€31,203 | +63.1% |
| Cash at bank and in hand | 54/58 | €7,924 | €920 | -€7,004 | -88.4% |
| Deferred charges and accrued income | 490/1 | €5,833 | €3,701 | -€2,132 | -36.6% |
| Total equity and liabilities | 10/49 | €526,957 | €525,807 | -€1,150 | -0.2% |
| Equity | 10/15 | €102,874 | €105,337 | +€2,463 | +2.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €102,337 | +€102,337 | |
| Distributable reserves | 133 | - | €102,337 | +€102,337 | |
| Profit (loss) carried forward | 14 | €99,874 | €0 | -€99,874 | -100% |
| Amounts payable | 17/49 | €424,084 | €420,470 | -€3,613 | -0.9% |
| Amounts payable after more than one year | 17 | - | €1,459 | +€1,459 | |
| Financial debts | 170/4 | - | €1,459 | +€1,459 | |
| Amounts payable within one year | 42/48 | €421,463 | €413,935 | -€7,528 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | - | €8,566 | +€8,566 | |
| Financial debts | 43 | €299,116 | €218,544 | -€80,572 | -26.9% |
| Credit institutions | 430/8 | €299,116 | - | -€299,116 | |
| Other loans | 439 | - | €218,544 | +€218,544 | |
| Trade debts | 44 | €71,161 | €46,809 | -€24,351 | -34.2% |
| Suppliers | 440/4 | €71,161 | €46,809 | -€24,351 | -34.2% |
| Taxes, remuneration and social security | 45 | €8,980 | €3,420 | -€5,560 | -61.9% |
| Taxes | 450/3 | €8,980 | €1,414 | -€7,566 | -84.3% |
| Remuneration and social security | 454/9 | - | €2,006 | +€2,006 | |
| Other amounts payable | 47/48 | €42,206 | €136,596 | +€94,391 | +224% |
| Accrued charges and deferred income | 492/3 | €2,620 | €5,076 | +€2,455 | +93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €561 | €2,362 | +€1,801 | +321% |
| Other operating charges | 640/8 | €10,274 | €2,599 | -€7,675 | -74.7% |
| Non-recurring operating charges | 66A | - | €4,005 | +€4,005 | |
| Gross operating margin | 9900 | €87,893 | €37,881 | -€50,011 | -56.9% |
| Operating profit (loss) | 9901 | €77,058 | €28,915 | -€48,143 | -62.5% |
| Financial income | 75/76B | €1,051 | €470 | -€581 | -55.3% |
| Recurring financial income | 75 | €1,051 | €470 | -€581 | -55.3% |
| Financial charges | 65/66B | €20,666 | €24,537 | +€3,871 | +18.7% |
| Recurring financial charges | 65 | €20,666 | €24,537 | +€3,871 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €57,443 | €4,848 | -€52,595 | -91.6% |
| Income taxes | 67/77 | €12,987 | €2,385 | -€10,602 | -81.6% |
| Profit (loss) for the period | 9904 | €44,456 | €2,463 | -€41,993 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,456 | €2,463 | -€41,993 | -94.5% |
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 23 October 2026 via checked.be.