NGG Direct: 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.
NGG Direct
Largest movements
- Receivables within one year +€400,000
new in 2025: €400,000
- Deferred charges and accrued income +€204,943
new in 2025: €204,943
- Other debts +€7.2m
up €7.2m (+11759.2%), from €61,233 to €7.3m
- Profit (loss) carried forward -€7.1m
down €7.1m (-5220.5%), from -€136,466 to -€7.3m
- Trade debts +€486,576
up €486,576 (+208526.7%), from €233 to €486,810
- Tax, wage and social debts +€42,000
new in 2025: €42,000
- Gross operating margin -€7.1m
down €7.1m (-109216.9%), from -€6,512 to -€7.1m
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | - | €604,943 | +€604,943 | |
| Current assets | 29/58 | - | €604,943 | +€604,943 | |
| Amounts receivable within one year | 40/41 | - | €400,000 | +€400,000 | |
| Trade receivables | 40 | - | €400,000 | +€400,000 | |
| Deferred charges and accrued income | 490/1 | - | €204,943 | +€204,943 | |
| Total equity and liabilities | 10/49 | - | €604,943 | +€604,943 | |
| Equity | 10/15 | -€61,466 | -€7,185,615 | -€7.1m | -11590.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,466 | -€7,260,615 | -€7.1m | -5220.5% |
| Amounts payable | 17/49 | €61,466 | €7,790,558 | +€7.7m | +12574.5% |
| Amounts payable within one year | 42/48 | €61,466 | €7,790,558 | +€7.7m | +12574.5% |
| Trade debts | 44 | €233 | €486,810 | +€486,576 | +208526.7% |
| Suppliers | 440/4 | €233 | €486,810 | +€486,576 | +208526.7% |
| Taxes, remuneration and social security | 45 | - | €42,000 | +€42,000 | |
| Taxes | 450/3 | - | €42,000 | +€42,000 | |
| Other amounts payable | 47/48 | €61,233 | €7,261,749 | +€7.2m | +11759.2% |
| Other operating charges | 640/8 | €3,861 | €544 | -€3,317 | -85.9% |
| Gross operating margin | 9900 | -€6,512 | -€7,118,465 | -€7.1m | -109216.9% |
| Operating profit (loss) | 9901 | -€10,373 | -€7,119,009 | -€7.1m | -68530.6% |
| Financial charges | 65/66B | €118 | €5,140 | +€5,022 | +4265.0% |
| Recurring financial charges | 65 | €118 | €5,140 | +€5,022 | +4265.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,491 | -€7,124,149 | -€7.1m | -67809.3% |
| Profit (loss) for the period | 9904 | -€10,491 | -€7,124,149 | -€7.1m | -67809.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,491 | -€7,124,149 | -€7.1m | -67809.3% |
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 8 October 2026 via checked.be.