NGENIOR: 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.
NGENIOR
Largest movements
- Cash -€3,338
down €3,338 (-2.8%), from €120,768 to €117,430
mainly Tax, wage and social debts (-€20,723) and Other debts (-€6,451)
- Deferred charges and accrued income +€2,674
up €2,674 (+76.8%), from €3,480 to €6,154
- Profit (loss) carried forward +€26,258
up €26,258 (+36.9%), from €71,092 to €97,349
- Tax, wage and social debts -€20,723
down €20,723 (-57.1%), from €36,319 to €15,596
of which Taxes: -€20,723
- Other debts -€6,451
no longer reported in 2025 (was €6,451)
- Turnover +€127,296
new in 2025: €127,296
- Purchases and services +€85,129
new in 2025: €85,129
- Gross operating margin -€64,786
down €64,786 (-60.6%), from €106,954 to €42,167
- Taxes -€15,686
down €15,686 (-65.1%), from €24,100 to €8,415
- Financial charges +€2,255
up €2,255 (+95.5%), from €2,362 to €4,617
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 | €124,247 | €123,603 | -€644 | -0.5% |
| Current assets | 29/58 | €124,247 | €123,603 | -€644 | -0.5% |
| Amounts receivable within one year | 40/41 | - | €20 | +€20 | |
| Other amounts receivable | 41 | - | €20 | +€20 | |
| Cash at bank and in hand | 54/58 | €120,768 | €117,430 | -€3,338 | -2.8% |
| Deferred charges and accrued income | 490/1 | €3,480 | €6,154 | +€2,674 | +76.8% |
| Total equity and liabilities | 10/49 | €124,247 | €123,603 | -€644 | -0.5% |
| Equity | 10/15 | €77,092 | €103,349 | +€26,258 | +34.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,092 | €97,349 | +€26,258 | +36.9% |
| Amounts payable | 17/49 | €47,156 | €20,254 | -€26,902 | -57.0% |
| Amounts payable within one year | 42/48 | €47,156 | €20,254 | -€26,902 | -57.0% |
| Trade debts | 44 | €4,386 | €4,658 | +€272 | +6.2% |
| Suppliers | 440/4 | €4,386 | €4,658 | +€272 | +6.2% |
| Taxes, remuneration and social security | 45 | €36,319 | €15,596 | -€20,723 | -57.1% |
| Taxes | 450/3 | €34,040 | €13,318 | -€20,723 | -60.9% |
| Remuneration and social security | 454/9 | €2,279 | €2,279 | = | 0.0% |
| Other amounts payable | 47/48 | €6,451 | - | -€6,451 | |
| Turnover | 70 | - | €127,296 | +€127,296 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €85,129 | +€85,129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,499 | - | -€1,499 | |
| Other operating charges | 640/8 | €758 | €2,878 | +€2,120 | +279.8% |
| Gross operating margin | 9900 | €106,954 | €42,167 | -€64,786 | -60.6% |
| Operating profit (loss) | 9901 | €104,697 | €39,289 | -€65,407 | -62.5% |
| Financial charges | 65/66B | €2,362 | €4,617 | +€2,255 | +95.5% |
| Recurring financial charges | 65 | €2,362 | €4,617 | +€2,255 | +95.5% |
| Profit (loss) for the period before taxes | 9903 | €102,335 | €34,672 | -€67,663 | -66.1% |
| Income taxes | 67/77 | €24,100 | €8,415 | -€15,686 | -65.1% |
| Profit (loss) for the period | 9904 | €78,235 | €26,258 | -€51,977 | -66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,235 | €26,258 | -€51,977 | -66.4% |
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 12 October 2026 via checked.be.