NG CONCEPT: 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 CONCEPT
Largest movements
- Stocks and contracts +€55,638
new in 2025: €55,638
- Receivables within one year -€53,601
down €53,601 (-99.5%), from €53,851 to €250
of which Other amounts receivable: -€45,918
- Tangible fixed assets -€15,056
down €15,056 (-23.2%), from €64,863 to €49,807
of which Furniture and vehicles: -€14,172
- Cash +€7,322
up €7,322 (+7092.3%), from €103 to €7,425
mainly Receivables within one year (+€53,601) and Depreciation (+€19,779)
- Debts after one year -€11,705
down €11,705 (-26.5%), from €44,199 to €32,495
- Advances received -€10,000
no longer reported in 2025 (was €10,000)
- Profit (loss) carried forward +€5,353
up €5,353 (+12.6%), from €42,440 to €47,793
- Tax, wage and social debts +€4,894
up €4,894 (+4359.9%), from €112 to €5,006
- Trade debts +€2,417
up €2,417 (+69.9%), from €3,459 to €5,876
- Gross operating margin +€31,211
up €31,211 (+576.2%), from €5,417 to €36,628
- Depreciation +€5,398
up €5,398 (+37.5%), from €14,381 to €19,779
- Taxes +€4,894
up €4,894 (+4359.9%), from €112 to €5,006
- Financial charges +€2,516
up €2,516 (+160.8%), from €1,564 to €4,080
- Other operating charges +€1,784
up €1,784 (+187.3%), from €953 to €2,737
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 | €119,517 | €113,121 | -€6,396 | -5.4% |
| Fixed assets | 21/28 | €64,863 | €49,807 | -€15,056 | -23.2% |
| Tangible fixed assets | 22/27 | €64,863 | €49,807 | -€15,056 | -23.2% |
| Plant, machinery and equipment | 23 | €1,510 | €627 | -€883 | -58.5% |
| Furniture and vehicles | 24 | €63,353 | €49,180 | -€14,172 | -22.4% |
| Current assets | 29/58 | €54,654 | €63,314 | +€8,660 | +15.8% |
| Stocks and contracts in progress | 3 | - | €55,638 | +€55,638 | |
| Stocks | 30/36 | - | €55,638 | +€55,638 | |
| Amounts receivable within one year | 40/41 | €53,851 | €250 | -€53,601 | -99.5% |
| Trade receivables | 40 | €7,849 | €166 | -€7,683 | -97.9% |
| Other amounts receivable | 41 | €46,002 | €84 | -€45,918 | -99.8% |
| Cash at bank and in hand | 54/58 | €103 | €7,425 | +€7,322 | +7092.3% |
| Deferred charges and accrued income | 490/1 | €700 | - | -€700 | |
| Total equity and liabilities | 10/49 | €119,517 | €113,121 | -€6,396 | -5.4% |
| Equity | 10/15 | €50,500 | €55,853 | +€5,353 | +10.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,440 | €47,793 | +€5,353 | +12.6% |
| Amounts payable | 17/49 | €69,017 | €57,268 | -€11,749 | -17.0% |
| Amounts payable after more than one year | 17 | €44,199 | €32,495 | -€11,705 | -26.5% |
| Financial debts | 170/4 | €44,199 | €32,495 | -€11,705 | -26.5% |
| Amounts payable within one year | 42/48 | €24,817 | €24,773 | -€44 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €11,246 | €11,705 | +€459 | +4.1% |
| Trade debts | 44 | €3,459 | €5,876 | +€2,417 | +69.9% |
| Suppliers | 440/4 | €3,459 | €5,876 | +€2,417 | +69.9% |
| Advances received on contracts in progress | 46 | €10,000 | - | -€10,000 | |
| Taxes, remuneration and social security | 45 | €112 | €5,006 | +€4,894 | +4359.9% |
| Taxes | 450/3 | €112 | €5,006 | +€4,894 | +4359.9% |
| Other amounts payable | 47/48 | - | €2,187 | +€2,187 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,381 | €19,779 | +€5,398 | +37.5% |
| Other operating charges | 640/8 | €953 | €2,737 | +€1,784 | +187.3% |
| Non-recurring operating charges | 66A | €2,558 | - | -€2,558 | |
| Gross operating margin | 9900 | €5,417 | €36,628 | +€31,211 | +576.2% |
| Operating profit (loss) | 9901 | -€12,475 | €14,113 | +€26,588 | |
| Financial income | 75/76B | €2,032 | €327 | -€1,705 | -83.9% |
| Recurring financial income | 75 | €2,032 | €327 | -€1,705 | -83.9% |
| Financial charges | 65/66B | €1,564 | €4,080 | +€2,516 | +160.8% |
| Recurring financial charges | 65 | €1,564 | €4,080 | +€2,516 | +160.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,007 | €10,359 | +€22,366 | |
| Income taxes | 67/77 | €112 | €5,006 | +€4,894 | +4359.9% |
| Profit (loss) for the period | 9904 | -€12,120 | €5,353 | +€17,472 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,120 | €5,353 | +€17,472 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.