NG Communications: 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.
NG Communications
Largest movements
- Cash +€49,599
up €49,599 (+11.1%), from €446,820 to €496,420
mainly Net result for the year (+€48,612) and Receivables within one year (+€6,700)
- Receivables within one year -€6,700
down €6,700 (-11.6%), from €57,631 to €50,931
of which Other amounts receivable: -€10,686
- Reserves +€48,612
up €48,612 (+10.4%), from €465,369 to €513,981
- Gross operating margin -€34,339
down €34,339 (-20.7%), from €165,824 to €131,484
- Taxes -€8,618
down €8,618 (-31.6%), from €27,243 to €18,625
- Financial income +€4,060
up €4,060 (+11,460%), from €35 to €4,096
- Staff costs +€1,731
up €1,731 (+2.8%), from €61,950 to €63,681
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 | €513,350 | €555,662 | +€42,311 | +8.2% |
| Fixed assets | 21/28 | €8,503 | €7,762 | -€741 | -8.7% |
| Tangible fixed assets | 22/27 | €6,503 | €5,762 | -€741 | -11.4% |
| Plant, machinery and equipment | 23 | €2,048 | €2,448 | +€399 | +19.5% |
| Furniture and vehicles | 24 | €856 | €226 | -€630 | -73.6% |
| Other tangible fixed assets | 26 | €3,599 | €3,088 | -€511 | -14.2% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €504,848 | €547,900 | +€43,052 | +8.5% |
| Amounts receivable within one year | 40/41 | €57,631 | €50,931 | -€6,700 | -11.6% |
| Trade receivables | 40 | €42,320 | €46,306 | +€3,986 | +9.4% |
| Other amounts receivable | 41 | €15,311 | €4,625 | -€10,686 | -69.8% |
| Cash at bank and in hand | 54/58 | €446,820 | €496,420 | +€49,599 | +11.1% |
| Deferred charges and accrued income | 490/1 | €396 | €549 | +€153 | +38.6% |
| Total equity and liabilities | 10/49 | €513,350 | €555,662 | +€42,311 | +8.2% |
| Equity | 10/15 | €484,569 | €533,181 | +€48,612 | +10.0% |
| Contributions | 10/11 | €19,200 | €19,200 | = | 0.0% |
| Reserves | 13 | €465,369 | €513,981 | +€48,612 | +10.4% |
| Distributable reserves | 133 | €465,369 | €513,981 | +€48,612 | +10.4% |
| Amounts payable | 17/49 | €28,781 | €22,480 | -€6,301 | -21.9% |
| Amounts payable within one year | 42/48 | €28,445 | €22,146 | -€6,299 | -22.1% |
| Trade debts | 44 | €8,159 | €3,980 | -€4,179 | -51.2% |
| Suppliers | 440/4 | €8,159 | €3,980 | -€4,179 | -51.2% |
| Taxes, remuneration and social security | 45 | €15,719 | €13,365 | -€2,355 | -15.0% |
| Taxes | 450/3 | €8,712 | €5,325 | -€3,387 | -38.9% |
| Remuneration and social security | 454/9 | €7,008 | €8,040 | +€1,032 | +14.7% |
| Other amounts payable | 47/48 | €4,567 | €4,802 | +€235 | +5.1% |
| Accrued charges and deferred income | 492/3 | €336 | €334 | -€2 | -0.6% |
| Remuneration, social security and pensions | 62 | €61,950 | €63,681 | +€1,731 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,133 | €2,186 | +€53 | +2.5% |
| Other operating charges | 640/8 | €1,471 | €572 | -€899 | -61.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €165,824 | €131,484 | -€34,339 | -20.7% |
| Operating profit (loss) | 9901 | €100,269 | €65,045 | -€35,224 | -35.1% |
| Financial income | 75/76B | €35 | €4,096 | +€4,060 | +11,460% |
| Recurring financial income | 75 | €35 | €4,096 | +€4,060 | +11,460% |
| Financial charges | 65/66B | €1,665 | €1,903 | +€238 | +14.3% |
| Recurring financial charges | 65 | €1,665 | €1,903 | +€238 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €98,640 | €67,237 | -€31,402 | -31.8% |
| Income taxes | 67/77 | €27,243 | €18,625 | -€8,618 | -31.6% |
| Profit (loss) for the period | 9904 | €71,397 | €48,612 | -€22,785 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €71,397 | €48,612 | -€22,785 | -31.9% |
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 13 October 2026 via checked.be.