NEXT GENERATION: 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.
NEXT GENERATION
Largest movements
- Receivables within one year +€64,400
up €64,400 (+42.6%), from €151,028 to €215,428
of which Other amounts receivable: +€46,885
- Tangible fixed assets +€8,659
up €8,659 (+39.6%), from €21,863 to €30,522
of which Furniture and vehicles: +€16,617
- Other debts +€80,111
up €80,111 (+282%), from €28,425 to €108,536
- Trade debts -€4,818
down €4,818 (-8.0%), from €59,992 to €55,174
- Tax, wage and social debts -€2,573
down €2,573 (-4.4%), from €58,361 to €55,789
of which Taxes: -€3,756
- Staff costs -€56,107
down €56,107 (-35.9%), from €156,278 to €100,171
- Gross operating margin -€14,346
down €14,346 (-8.1%), from €177,452 to €163,106
- Financial charges -€6,801
down €6,801 (-52.7%), from €12,897 to €6,097
- Depreciation +€4,605
up €4,605 (+34.4%), from €13,399 to €18,004
- Other operating charges +€2,414
up €2,414 (+43.6%), from €5,534 to €7,947
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 | €180,934 | €254,683 | +€73,749 | +40.8% |
| Fixed assets | 21/28 | €21,863 | €30,522 | +€8,659 | +39.6% |
| Tangible fixed assets | 22/27 | €21,863 | €30,522 | +€8,659 | +39.6% |
| Land and buildings | 22 | €1,523 | €1,303 | -€220 | -14.4% |
| Plant, machinery and equipment | 23 | €19,961 | €12,223 | -€7,738 | -38.8% |
| Furniture and vehicles | 24 | €379 | €16,996 | +€16,617 | +4,382% |
| Current assets | 29/58 | €159,071 | €224,161 | +€65,090 | +40.9% |
| Stocks and contracts in progress | 3 | €7,273 | €7,273 | = | 0.0% |
| Stocks | 30/36 | €7,273 | €7,273 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €151,028 | €215,428 | +€64,400 | +42.6% |
| Trade receivables | 40 | €111,028 | €128,543 | +€17,515 | +15.8% |
| Other amounts receivable | 41 | €40,000 | €86,885 | +€46,885 | +117% |
| Cash at bank and in hand | 54/58 | €468 | €1,460 | +€991 | +212% |
| Deferred charges and accrued income | 490/1 | €302 | - | -€302 | |
| Total equity and liabilities | 10/49 | €180,934 | €254,683 | +€73,749 | +40.8% |
| Equity | 10/15 | €34,156 | €35,184 | +€1,028 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,756 | €57,756 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19 | - | -€19 | |
| Reserves not available under the articles | 1311 | €19 | - | -€19 | |
| Distributable reserves | 133 | €57,737 | €57,756 | +€19 | 0.0% |
| Profit (loss) carried forward | 14 | -€42,201 | -€41,172 | +€1,028 | +2.4% |
| Amounts payable | 17/49 | €146,779 | €219,499 | +€72,720 | +49.5% |
| Amounts payable within one year | 42/48 | €146,779 | €219,499 | +€72,720 | +49.5% |
| Trade debts | 44 | €59,992 | €55,174 | -€4,818 | -8.0% |
| Suppliers | 440/4 | €59,992 | €55,174 | -€4,818 | -8.0% |
| Taxes, remuneration and social security | 45 | €58,361 | €55,789 | -€2,573 | -4.4% |
| Taxes | 450/3 | €51,771 | €48,015 | -€3,756 | -7.3% |
| Remuneration and social security | 454/9 | €6,590 | €7,773 | +€1,183 | +18.0% |
| Other amounts payable | 47/48 | €28,425 | €108,536 | +€80,111 | +282% |
| Remuneration, social security and pensions | 62 | €156,278 | €100,171 | -€56,107 | -35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,399 | €18,004 | +€4,605 | +34.4% |
| Other operating charges | 640/8 | €5,534 | €7,947 | +€2,414 | +43.6% |
| Non-recurring operating charges | 66A | - | €29,974 | +€29,974 | |
| Gross operating margin | 9900 | €177,452 | €163,106 | -€14,346 | -8.1% |
| Operating profit (loss) | 9901 | €2,241 | €7,010 | +€4,769 | +213% |
| Financial income | 75/76B | €169 | €115 | -€54 | -31.7% |
| Recurring financial income | 75 | €169 | €115 | -€54 | -31.7% |
| Financial charges | 65/66B | €12,897 | €6,097 | -€6,801 | -52.7% |
| Recurring financial charges | 65 | €12,897 | €6,097 | -€6,801 | -52.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,487 | €1,028 | +€11,516 | |
| Profit (loss) for the period | 9904 | -€10,487 | €1,028 | +€11,516 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,487 | €1,028 | +€11,516 |
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 27 October 2026 via checked.be.