NG Lex: 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 Lex
Largest movements
- Cash -€25,126
down €25,126 (-56.6%), from €44,420 to €19,293
mainly Net result for the year (-€12,223) and Debts after one year (-€10,344)
- Tangible fixed assets -€5,177
down €5,177 (-4.0%), from €129,846 to €124,670
- Profit (loss) carried forward -€12,223
down €12,223 (-27.1%), from -€45,032 to -€57,255
- Debts after one year -€10,344
no longer reported in 2025 (was €10,344)
- Current portion of long-term debt -€7,320
down €7,320 (-41.4%), from €17,664 to €10,344
- Depreciation -€3,589
down €3,589 (-40.9%), from €8,765 to €5,177
- Financial charges -€1,010
down €1,010 (-50.1%), from €2,016 to €1,006
- Gross operating margin +€663
up €663 (+12.3%), from -€5,402 to -€4,739
- Other operating charges +€58
up €58 (+4.0%), from €1,457 to €1,516
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 | €174,321 | €144,027 | -€30,294 | -17.4% |
| Fixed assets | 21/28 | €129,846 | €124,670 | -€5,177 | -4.0% |
| Tangible fixed assets | 22/27 | €129,846 | €124,670 | -€5,177 | -4.0% |
| Land and buildings | 22 | €129,846 | €124,670 | -€5,177 | -4.0% |
| Current assets | 29/58 | €44,474 | €19,358 | -€25,117 | -56.5% |
| Amounts receivable within one year | 40/41 | €55 | €64 | +€9 | +17.1% |
| Other amounts receivable | 41 | €55 | €64 | +€9 | +17.1% |
| Cash at bank and in hand | 54/58 | €44,420 | €19,293 | -€25,126 | -56.6% |
| Total equity and liabilities | 10/49 | €174,321 | €144,027 | -€30,294 | -17.4% |
| Equity | 10/15 | €143,980 | €131,757 | -€12,223 | -8.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €176,612 | €176,612 | = | 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% |
| Distributable reserves | 133 | €174,752 | €174,752 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,032 | -€57,255 | -€12,223 | -27.1% |
| Amounts payable | 17/49 | €30,340 | €12,270 | -€18,071 | -59.6% |
| Amounts payable after more than one year | 17 | €10,344 | - | -€10,344 | |
| Financial debts | 170/4 | €10,344 | - | -€10,344 | |
| Amounts payable within one year | 42/48 | €19,996 | €12,270 | -€7,727 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €17,664 | €10,344 | -€7,320 | -41.4% |
| Trade debts | 44 | €594 | €188 | -€407 | -68.4% |
| Suppliers | 440/4 | €594 | €188 | -€407 | -68.4% |
| Other amounts payable | 47/48 | €1,738 | €1,738 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,765 | €5,177 | -€3,589 | -40.9% |
| Other operating charges | 640/8 | €1,457 | €1,516 | +€58 | +4.0% |
| Gross operating margin | 9900 | -€5,402 | -€4,739 | +€663 | +12.3% |
| Operating profit (loss) | 9901 | -€15,624 | -€11,431 | +€4,193 | +26.8% |
| Financial income | 75/76B | €183 | €214 | +€31 | +17.0% |
| Recurring financial income | 75 | €183 | €214 | +€31 | +17.0% |
| Financial charges | 65/66B | €2,016 | €1,006 | -€1,010 | -50.1% |
| Recurring financial charges | 65 | €2,016 | €1,006 | -€1,010 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,457 | -€12,223 | +€5,234 | +30.0% |
| Profit (loss) for the period | 9904 | -€17,457 | -€12,223 | +€5,234 | +30.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,457 | -€12,223 | +€5,234 | +30.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.