NEXT GENERATION DEVELOPMENT: 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.
NEXT GENERATION DEVELOPMENT
Largest movements
- Stocks and contracts -€106,744
no longer reported in 2025 (was €106,744)
- Receivables within one year +€77,086
up €77,086 (+12.4%), from €620,149 to €697,236
of which Other amounts receivable: +€77,086
- Profit (loss) carried forward -€31,057
down €31,057 (-1.7%), from -€1.8m to -€1.9m
- Trade debts -€8,739
down €8,739 (-24.6%), from €35,553 to €26,814
- Gross operating margin +€87,453
up €87,453, from -€33,729 to €53,724
- Financial charges -€17,859
down €17,859 (-14.3%), from €125,271 to €107,412
of which Non-recurring financial charges: -€124,902
- Financial income -€3,728
down €3,728 (-13.1%), from €28,375 to €24,647
- Depreciation -€816
down €816 (-80.6%), from €1,013 to €197
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.
Cash bridge derived
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 | €735,504 | €703,256 | -€32,248 | -4.4% |
| Fixed assets | 21/28 | €970 | €773 | -€197 | -20.3% |
| Intangible fixed assets | 21 | €197 | - | -€197 | |
| Financial fixed assets | 28 | €773 | €773 | = | 0.0% |
| Current assets | 29/58 | €734,535 | €702,484 | -€32,051 | -4.4% |
| Stocks and contracts in progress | 3 | €106,744 | - | -€106,744 | |
| Stocks | 30/36 | €106,744 | - | -€106,744 | |
| Amounts receivable within one year | 40/41 | €620,149 | €697,236 | +€77,086 | +12.4% |
| Trade receivables | 40 | €35,850 | €35,850 | = | 0.0% |
| Other amounts receivable | 41 | €584,299 | €661,386 | +€77,086 | +13.2% |
| Cash at bank and in hand | 54/58 | €156 | €486 | +€330 | +211.7% |
| Deferred charges and accrued income | 490/1 | €7,485 | €4,762 | -€2,723 | -36.4% |
| Total equity and liabilities | 10/49 | €735,504 | €703,256 | -€32,248 | -4.4% |
| Equity | 10/15 | €698,747 | €667,690 | -€31,057 | -4.4% |
| Contributions | 10/11 | €2,500,000 | €2,500,000 | = | 0.0% |
| Capital | 10 | €2,500,000 | €2,500,000 | = | 0.0% |
| Issued capital | 100 | €2,500,000 | €2,500,000 | = | 0.0% |
| Reserves | 13 | €29,409 | €29,409 | = | 0.0% |
| Distributable reserves | 133 | €29,409 | €29,409 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,830,662 | -€1,861,718 | -€31,057 | -1.7% |
| Amounts payable | 17/49 | €36,758 | €35,566 | -€1,191 | -3.2% |
| Amounts payable within one year | 42/48 | €36,218 | €35,009 | -€1,209 | -3.3% |
| Trade debts | 44 | €35,553 | €26,814 | -€8,739 | -24.6% |
| Suppliers | 440/4 | €35,553 | €26,814 | -€8,739 | -24.6% |
| Taxes, remuneration and social security | 45 | €665 | €6,234 | +€5,569 | +837.4% |
| Taxes | 450/3 | €665 | €6,234 | +€5,569 | +837.4% |
| Other amounts payable | 47/48 | - | €1,961 | +€1,961 | |
| Accrued charges and deferred income | 492/3 | €540 | €558 | +€18 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,013 | €197 | -€816 | -80.6% |
| Other operating charges | 640/8 | €1,378 | €1,182 | -€196 | -14.2% |
| Gross operating margin | 9900 | -€33,729 | €53,724 | +€87,453 | |
| Operating profit (loss) | 9901 | -€36,120 | €52,345 | +€88,466 | |
| Financial income | 75/76B | €28,375 | €24,647 | -€3,728 | -13.1% |
| Recurring financial income | 75 | €28,375 | €24,647 | -€3,728 | -13.1% |
| Financial charges | 65/66B | €125,271 | €107,412 | -€17,859 | -14.3% |
| Recurring financial charges | 65 | €369 | €107,412 | +€107,043 | +28975.9% |
| Non-recurring financial charges | 66B | €124,902 | - | -€124,902 | |
| Profit (loss) for the period before taxes | 9903 | -€133,017 | -€30,420 | +€102,597 | +77.1% |
| Income taxes | 67/77 | €662 | €637 | -€25 | -3.8% |
| Profit (loss) for the period | 9904 | -€133,679 | -€31,057 | +€102,623 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€133,679 | -€31,057 | +€102,623 | +76.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.