NF CONCEPT: 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.
NF CONCEPT
Largest movements
- Receivables within one year +€46,646
up €46,646 (+291.1%), from €16,024 to €62,670
of which Trade receivables: +€45,743
- Tangible fixed assets -€1,938
down €1,938 (-8.4%), from €23,014 to €21,076
- Deferred charges and accrued income +€1,109
up €1,109 (+254.4%), from €436 to €1,545
- Cash -€1,055
down €1,055 (-81.8%), from €1,290 to €235
mainly Receivables within one year (-€46,646) and Investment in fixed assets (net) (-€3,458)
- Profit (loss) carried forward +€25,564
up €25,564, from -€4,295 to €21,269
- Short-term financial debts +€8,606
new in 2024: €8,606
- Tax, wage and social debts +€7,889
up €7,889 (+115.2%), from €6,848 to €14,737
of which Taxes: +€6,022
- Trade debts +€3,127
up €3,127 (+9.1%), from €34,271 to €37,398
- Purchases and services -€59,357
no longer reported in 2024 (was €59,357)
- Gross operating margin +€52,361
up €52,361, from -€1,063 to €51,298
- Staff costs +€11,648
up €11,648 (+2270.6%), from €513 to €12,161
- Taxes +€5,791
new in 2024: €5,791
- Depreciation +€2,986
up €2,986 (+150.4%), from €1,986 to €4,972
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,824 | €86,010 | +€45,186 | +110.7% |
| Fixed assets | 21/28 | €23,074 | €21,560 | -€1,514 | -6.6% |
| Tangible fixed assets | 22/27 | €23,014 | €21,076 | -€1,938 | -8.4% |
| Furniture and vehicles | 24 | €23,014 | €21,076 | -€1,938 | -8.4% |
| Financial fixed assets | 28 | €60 | €484 | +€424 | +706.7% |
| Current assets | 29/58 | €17,750 | €64,450 | +€46,700 | +263.1% |
| Amounts receivable within one year | 40/41 | €16,024 | €62,670 | +€46,646 | +291.1% |
| Trade receivables | 40 | €12,925 | €58,668 | +€45,743 | +353.9% |
| Other amounts receivable | 41 | €3,099 | €4,002 | +€903 | +29.1% |
| Cash at bank and in hand | 54/58 | €1,290 | €235 | -€1,055 | -81.8% |
| Deferred charges and accrued income | 490/1 | €436 | €1,545 | +€1,109 | +254.4% |
| Total equity and liabilities | 10/49 | €40,824 | €86,010 | +€45,186 | +110.7% |
| Equity | 10/15 | -€295 | €25,269 | +€25,564 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,295 | €21,269 | +€25,564 | |
| Amounts payable | 17/49 | €41,119 | €60,741 | +€19,622 | +47.7% |
| Amounts payable within one year | 42/48 | €41,119 | €60,741 | +€19,622 | +47.7% |
| Financial debts | 43 | - | €8,606 | +€8,606 | |
| Credit institutions | 430/8 | - | €8,606 | +€8,606 | |
| Trade debts | 44 | €34,271 | €37,398 | +€3,127 | +9.1% |
| Suppliers | 440/4 | €34,271 | €37,398 | +€3,127 | +9.1% |
| Taxes, remuneration and social security | 45 | €6,848 | €14,737 | +€7,889 | +115.2% |
| Taxes | 450/3 | €2,829 | €8,851 | +€6,022 | +212.9% |
| Remuneration and social security | 454/9 | €4,019 | €5,886 | +€1,867 | +46.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €59,357 | - | -€59,357 | |
| Remuneration, social security and pensions | 62 | €513 | €12,161 | +€11,648 | +2270.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,986 | €4,972 | +€2,986 | +150.4% |
| Other operating charges | 640/8 | €852 | €2,682 | +€1,830 | +214.8% |
| Gross operating margin | 9900 | -€1,063 | €51,298 | +€52,361 | |
| Operating profit (loss) | 9901 | -€4,414 | €31,483 | +€35,897 | |
| Financial income | 75/76B | €123 | - | -€123 | |
| Recurring financial income | 75 | €123 | - | -€123 | |
| Financial charges | 65/66B | €4 | €129 | +€125 | +3125.0% |
| Recurring financial charges | 65 | €4 | €129 | +€125 | +3125.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,295 | €31,354 | +€35,649 | |
| Income taxes | 67/77 | - | €5,791 | +€5,791 | |
| Profit (loss) for the period | 9904 | -€4,295 | €25,563 | +€29,858 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,295 | €25,563 | +€29,858 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.