NGC GROUP: 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.
NGC GROUP
Largest movements
- Receivables within one year +€70,259
up €70,259 (+959%), from €7,324 to €77,583
of which Trade receivables: +€68,091
- Cash +€4,705
up €4,705 (+2,064%), from €228 to €4,933
mainly Trade debts (+€48,166) and Net result for the year (+€17,814)
- Trade debts +€48,166
up €48,166 (+2,080%), from €2,316 to €50,482
- Profit (loss) carried forward +€17,814
up €17,814 (+424%), from €4,199 to €22,013
- Tax, wage and social debts +€5,679
up €5,679 (+548%), from €1,037 to €6,716
of which Taxes: +€4,079
- Contributions +€2,000
new in 2025: €2,000
- Other debts +€1,305
new in 2025: €1,305
- Gross operating margin +€19,296
up €19,296 (+369%), from €5,236 to €24,532
- Taxes +€3,541
up €3,541 (+341%), from €1,037 to €4,579
- Staff costs +€1,508
new in 2025: €1,508
- Other operating charges +€417
new in 2025: €417
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 | €7,552 | €82,516 | +€74,964 | +993% |
| Current assets | 29/58 | €7,552 | €82,516 | +€74,964 | +993% |
| Amounts receivable within one year | 40/41 | €7,324 | €77,583 | +€70,259 | +959% |
| Trade receivables | 40 | €7,324 | €75,415 | +€68,091 | +930% |
| Other amounts receivable | 41 | - | €2,168 | +€2,168 | |
| Cash at bank and in hand | 54/58 | €228 | €4,933 | +€4,705 | +2,064% |
| Total equity and liabilities | 10/49 | €7,552 | €82,516 | +€74,964 | +993% |
| Equity | 10/15 | €4,199 | €24,013 | +€19,814 | +472% |
| Contributions | 10/11 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €4,199 | €22,013 | +€17,814 | +424% |
| Amounts payable | 17/49 | €3,353 | €58,503 | +€55,150 | +1,645% |
| Amounts payable within one year | 42/48 | €3,353 | €58,503 | +€55,150 | +1,645% |
| Trade debts | 44 | €2,316 | €50,482 | +€48,166 | +2,080% |
| Suppliers | 440/4 | €2,316 | €50,482 | +€48,166 | +2,080% |
| Taxes, remuneration and social security | 45 | €1,037 | €6,716 | +€5,679 | +548% |
| Taxes | 450/3 | €1,037 | €5,116 | +€4,079 | +393% |
| Remuneration and social security | 454/9 | - | €1,600 | +€1,600 | |
| Other amounts payable | 47/48 | - | €1,305 | +€1,305 | |
| Remuneration, social security and pensions | 62 | - | €1,508 | +€1,508 | |
| Other operating charges | 640/8 | - | €417 | +€417 | |
| Gross operating margin | 9900 | €5,236 | €24,532 | +€19,296 | +369% |
| Operating profit (loss) | 9901 | €5,236 | €22,607 | +€17,371 | +332% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €50 | €214 | +€164 | +329% |
| Recurring financial charges | 65 | €50 | €214 | +€164 | +329% |
| Profit (loss) for the period before taxes | 9903 | €5,236 | €22,393 | +€17,157 | +328% |
| Income taxes | 67/77 | €1,037 | €4,579 | +€3,541 | +341% |
| Profit (loss) for the period | 9904 | €4,199 | €17,814 | +€13,615 | +324% |
| Profit (loss) for the period to be appropriated | 9905 | €4,199 | €17,814 | +€13,615 | +324% |
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 18 October 2026 via checked.be.