NG SOLUTIONS: 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 SOLUTIONS
Largest movements
- Cash +€46,043
up €46,043 (+64.7%), from €71,147 to €117,190
mainly Net result for the year (+€62,096) and Deferred charges and accrued income (+€9,876)
- Receivables within one year +€11,739
up €11,739 (+67.6%), from €17,371 to €29,111
of which Other amounts receivable: +€9,177
- Deferred charges and accrued income -€9,876
down €9,876 (-10.3%), from €95,729 to €85,853
- Reserves +€44,596
up €44,596 (+64.1%), from €69,579 to €114,175
- Debts after one year -€15,667
down €15,667 (-23.6%), from €66,499 to €50,832
- Trade debts +€9,736
up €9,736 (+463%), from €2,103 to €11,840
- Tax, wage and social debts +€6,824
up €6,824 (+56.2%), from €12,153 to €18,978
- Current portion of long-term debt +€3,583
up €3,583 (+19.2%), from €18,657 to €22,241
- Gross operating margin +€37,102
up €37,102 (+67.7%), from €54,805 to €91,907
- Taxes +€10,645
up €10,645 (+80.0%), from €13,310 to €23,955
- Depreciation -€3,796
down €3,796 (-62.6%), from €6,068 to €2,273
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 | €187,592 | €236,665 | +€49,073 | +26.2% |
| Fixed assets | 21/28 | €3,345 | €4,512 | +€1,166 | +34.9% |
| Tangible fixed assets | 22/27 | €3,195 | €4,362 | +€1,166 | +36.5% |
| Furniture and vehicles | 24 | €3,195 | €4,362 | +€1,166 | +36.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €184,247 | €232,153 | +€47,907 | +26.0% |
| Amounts receivable within one year | 40/41 | €17,371 | €29,111 | +€11,739 | +67.6% |
| Trade receivables | 40 | €17,371 | €19,933 | +€2,562 | +14.7% |
| Other amounts receivable | 41 | - | €9,177 | +€9,177 | |
| Cash at bank and in hand | 54/58 | €71,147 | €117,190 | +€46,043 | +64.7% |
| Deferred charges and accrued income | 490/1 | €95,729 | €85,853 | -€9,876 | -10.3% |
| Total equity and liabilities | 10/49 | €187,592 | €236,665 | +€49,073 | +26.2% |
| Equity | 10/15 | €88,179 | €132,775 | +€44,596 | +50.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,579 | €114,175 | +€44,596 | +64.1% |
| Distributable reserves | 133 | €69,579 | €114,175 | +€44,596 | +64.1% |
| Amounts payable | 17/49 | €99,413 | €103,890 | +€4,477 | +4.5% |
| Amounts payable after more than one year | 17 | €66,499 | €50,832 | -€15,667 | -23.6% |
| Financial debts | 170/4 | €66,499 | €50,832 | -€15,667 | -23.6% |
| Amounts payable within one year | 42/48 | €32,914 | €53,058 | +€20,144 | +61.2% |
| Current portion of amounts payable after more than one year | 42 | €18,657 | €22,241 | +€3,583 | +19.2% |
| Trade debts | 44 | €2,103 | €11,840 | +€9,736 | +463% |
| Suppliers | 440/4 | €2,103 | €11,840 | +€9,736 | +463% |
| Taxes, remuneration and social security | 45 | €12,153 | €18,978 | +€6,824 | +56.2% |
| Taxes | 450/3 | €12,153 | €18,978 | +€6,824 | +56.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,068 | €2,273 | -€3,796 | -62.6% |
| Other operating charges | 640/8 | €520 | €534 | +€14 | +2.7% |
| Gross operating margin | 9900 | €54,805 | €91,907 | +€37,102 | +67.7% |
| Operating profit (loss) | 9901 | €48,216 | €89,100 | +€40,884 | +84.8% |
| Financial income | 75/76B | €145 | €370 | +€224 | +154% |
| Recurring financial income | 75 | €145 | €370 | +€224 | +154% |
| Financial charges | 65/66B | €3,833 | €3,419 | -€414 | -10.8% |
| Recurring financial charges | 65 | €3,833 | €3,419 | -€414 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €44,529 | €86,051 | +€41,523 | +93.2% |
| Income taxes | 67/77 | €13,310 | €23,955 | +€10,645 | +80.0% |
| Profit (loss) for the period | 9904 | €31,219 | €62,096 | +€30,878 | +98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,219 | €62,096 | +€30,878 | +98.9% |
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 20 October 2026 via checked.be.