NGData Products: what changed
Two fiscal 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.
What changed
NGData Products
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3.4m
2024 · -€1.7m-€1.7m
Equity
-€14.5m
2024 · -€11.1m-€3.4m
Cash
€397,587
2024 · €261,889+€135,698
Balance sheet total
€16.5m
2024 · €16.5m+€669
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward -€3.4m
down €3.4m (-24.9%), from -€13.7m to -€17.1m
- Other debts +€1.7m
up €1.7m (+8.6%), from €20.2m to €22.0m
- Trade debts +€1.6m
up €1.6m (+23.7%), from €6.8m to €8.4m
Income statement
- Gross operating margin -€1.3m
down €1.3m (-60.8%), from €2.1m to €832,693
- Financial income -€771,785
no longer reported in 2025 (was €771,785)
of which Financial income: -€496,715
- Financial charges -€503,392
down €503,392 (-35.7%), from €1.4m to €907,691
- Staff costs +€374,085
up €374,085 (+25.7%), from €1.5m to €1.8m
- Depreciation -€159,460
down €159,460 (-8.7%), from €1.8m to €1.7m
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.
Result 2024
-€1.7m
Gross operating margin
-€1.3m
Staff costs
-€374,085
Depreciation
+€159,460
Other operating charges
+€57
Financial income
-€771,785
Financial charges
+€503,392
Taxes
+€83,804
Result 2025
-€3.4m
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.
From operations
+€1.7m
Investment
-€1.5m
Financing
+€0
Cash 2024
€261,889
From operations (derived)
+€1.7m
Net result for the year
-€3.4m
Depreciation
+€1.7m
Receivables after one year
+€67,878
Receivables within one year
-€61,597
Deferred charges and accrued income
-€2,911
Trade debts
+€1.6m
Tax, wage and social debts
+€41,124
Other debts
+€1.7m
Accrued charges and deferred income
+€17,893
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€1.5m
Financing
+€0
Contributions, distributions and other
+€0
Cash 2025
€397,587
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,493,200 | €16,493,869 | +€669 | 0.0% |
| Fixed assets | 21/28 | €3,715,821 | €3,584,162 | -€131,659 | -3.5% |
| Intangible fixed assets | 21 | €3,705,243 | €3,565,388 | -€139,855 | -3.8% |
| Tangible fixed assets | 22/27 | €10,578 | €18,774 | +€8,196 | +77.5% |
| Plant, machinery and equipment | 23 | €10,578 | €18,774 | +€8,196 | +77.5% |
| Current assets | 29/58 | €12,777,378 | €12,909,706 | +€132,328 | +1.0% |
| Amounts receivable after more than one year | 29 | €506,625 | €438,747 | -€67,878 | -13.4% |
| Other amounts receivable | 291 | €506,625 | €438,747 | -€67,878 | -13.4% |
| Amounts receivable within one year | 40/41 | €12,002,850 | €12,064,447 | +€61,597 | +0.5% |
| Trade receivables | 40 | €10,539,709 | €11,944,884 | +€1.4m | +13.3% |
| Other amounts receivable | 41 | €1,463,141 | €119,564 | -€1.3m | -91.8% |
| Cash at bank and in hand | 54/58 | €261,889 | €397,587 | +€135,698 | +51.8% |
| Deferred charges and accrued income | 490/1 | €6,015 | €8,925 | +€2,911 | +48.4% |
| Total equity and liabilities | 10/49 | €16,493,200 | €16,493,869 | +€669 | 0.0% |
| Equity | 10/15 | -€11,129,193 | -€14,535,017 | -€3.4m | -30.6% |
| Contributions | 10/11 | €2,464,225 | €2,464,225 | = | 0.0% |
| Capital | 10 | €540,483 | €540,483 | = | 0.0% |
| Issued capital | 100 | €540,483 | €540,483 | = | 0.0% |
| Outside capital | 11 | €1,923,743 | €1,923,743 | = | 0.0% |
| Share premium | 1100/10 | €1,923,743 | €1,923,743 | = | 0.0% |
| Reserves | 13 | €72,000 | €72,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €47,000 | €47,000 | = | 0.0% |
| Legal reserve | 130 | €47,000 | €47,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,665,418 | -€17,071,242 | -€3.4m | -24.9% |
| Provisions and deferred taxes | 16 | €7,129 | €7,129 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,129 | €7,129 | = | 0.0% |
| Pensions and similar obligations | 160 | €7,129 | €7,129 | = | 0.0% |
| Amounts payable | 17/49 | €27,615,264 | €31,021,757 | +€3.4m | +12.3% |
| Amounts payable within one year | 42/48 | €27,264,071 | €30,652,671 | +€3.4m | +12.4% |
| Financial debts | 43 | €0 | €0 | = | |
| Other loans | 439 | €0 | €0 | = | |
| Trade debts | 44 | €6,816,482 | €8,431,939 | +€1.6m | +23.7% |
| Suppliers | 440/4 | €6,816,482 | €8,431,939 | +€1.6m | +23.7% |
| Taxes, remuneration and social security | 45 | €215,913 | €257,037 | +€41,124 | +19.0% |
| Taxes | 450/3 | €29,277 | €31,959 | +€2,682 | +9.2% |
| Remuneration and social security | 454/9 | €186,636 | €225,078 | +€38,442 | +20.6% |
| Other amounts payable | 47/48 | €20,231,676 | €21,963,694 | +€1.7m | +8.6% |
| Accrued charges and deferred income | 492/3 | €351,193 | €369,086 | +€17,893 | +5.1% |
| Remuneration, social security and pensions | 62 | €1,457,231 | €1,831,317 | +€374,085 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,833,829 | €1,674,369 | -€159,460 | -8.7% |
| Other operating charges | 640/8 | €1,200 | €1,143 | -€57 | -4.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,122,795 | €832,693 | -€1.3m | -60.8% |
| Operating profit (loss) | 9901 | -€1,169,466 | -€2,674,135 | -€1.5m | -128.7% |
| Financial income | 75/76B | €771,785 | - | -€771,785 | |
| Recurring financial income | 75 | €496,715 | - | -€496,715 | |
| Non-recurring financial income | 76B | €275,070 | - | -€275,070 | |
| Financial charges | 65/66B | €1,411,083 | €907,691 | -€503,392 | -35.7% |
| Recurring financial charges | 65 | €1,411,083 | €907,691 | -€503,392 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,808,763 | -€3,581,825 | -€1.8m | -98.0% |
| Income taxes | 67/77 | -€92,198 | -€176,001 | -€83,804 | -90.9% |
| Profit (loss) for the period | 9904 | -€1,716,566 | -€3,405,824 | -€1.7m | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,716,566 | -€3,405,824 | -€1.7m | -98.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.