NGIN-IT: 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.
NGIN-IT
Largest movements
- Receivables within one year -€12,927
down €12,927 (-38.1%), from €33,901 to €20,974
of which Trade receivables: -€15,441
- Cash +€3,639
up €3,639 (+7.5%), from €48,649 to €52,288
mainly Net result for the year (+€27,271) and Receivables within one year (+€12,927)
- Receivables after one year -€2,375
down €2,375 (-44.4%), from €5,344 to €2,969
- Tangible fixed assets -€1,514
down €1,514 (-9.1%), from €16,707 to €15,194
of which Other tangible fixed assets: -€2,634
- Tax, wage and social debts -€7,052
down €7,052 (-48.2%), from €14,636 to €7,584
of which Taxes: -€6,892
- Other debts -€6,128
down €6,128 (-10.2%), from €60,051 to €53,923
- Trade debts +€1,100
up €1,100 (+32.8%), from €3,350 to €4,450
- Other operating charges +€11,390
up €11,390 (+1125.1%), from €1,012 to €12,402
- Taxes -€4,488
down €4,488 (-37.5%), from €11,974 to €7,486
- Financial charges -€1,863
down €1,863 (-92.5%), from €2,014 to €151
- Gross operating margin +€1,523
up €1,523 (+2.9%), from €52,270 to €53,794
- Depreciation +€1,451
up €1,451 (+27.2%), from €5,341 to €6,793
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 | €104,772 | €91,598 | -€13,173 | -12.6% |
| Fixed assets | 21/28 | €16,707 | €15,194 | -€1,514 | -9.1% |
| Tangible fixed assets | 22/27 | €16,707 | €15,194 | -€1,514 | -9.1% |
| Furniture and vehicles | 24 | €9,045 | €10,165 | +€1,120 | +12.4% |
| Other tangible fixed assets | 26 | €7,662 | €5,029 | -€2,634 | -34.4% |
| Current assets | 29/58 | €88,064 | €76,404 | -€11,660 | -13.2% |
| Amounts receivable after more than one year | 29 | €5,344 | €2,969 | -€2,375 | -44.4% |
| Other amounts receivable | 291 | €5,344 | €2,969 | -€2,375 | -44.4% |
| Amounts receivable within one year | 40/41 | €33,901 | €20,974 | -€12,927 | -38.1% |
| Trade receivables | 40 | €31,526 | €16,085 | -€15,441 | -49.0% |
| Other amounts receivable | 41 | €2,375 | €4,889 | +€2,514 | +105.9% |
| Cash at bank and in hand | 54/58 | €48,649 | €52,288 | +€3,639 | +7.5% |
| Deferred charges and accrued income | 490/1 | €170 | €174 | +€3 | +2.0% |
| Total equity and liabilities | 10/49 | €104,772 | €91,598 | -€13,173 | -12.6% |
| Equity | 10/15 | €26,440 | €25,600 | -€840 | -3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,840 | €7,000 | -€840 | -10.7% |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €840 | - | -€840 | |
| Amounts payable | 17/49 | €78,332 | €65,998 | -€12,333 | -15.7% |
| Amounts payable within one year | 42/48 | €78,266 | €65,957 | -€12,309 | -15.7% |
| Financial debts | 43 | €228 | - | -€228 | |
| Credit institutions | 430/8 | €228 | - | -€228 | |
| Trade debts | 44 | €3,350 | €4,450 | +€1,100 | +32.8% |
| Suppliers | 440/4 | €3,350 | €4,450 | +€1,100 | +32.8% |
| Taxes, remuneration and social security | 45 | €14,636 | €7,584 | -€7,052 | -48.2% |
| Taxes | 450/3 | €14,476 | €7,584 | -€6,892 | -47.6% |
| Remuneration and social security | 454/9 | €160 | - | -€160 | |
| Other amounts payable | 47/48 | €60,051 | €53,923 | -€6,128 | -10.2% |
| Accrued charges and deferred income | 492/3 | €66 | €41 | -€25 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,341 | €6,793 | +€1,451 | +27.2% |
| Other operating charges | 640/8 | €1,012 | €12,402 | +€11,390 | +1125.1% |
| Gross operating margin | 9900 | €52,270 | €53,794 | +€1,523 | +2.9% |
| Operating profit (loss) | 9901 | €45,916 | €34,599 | -€11,318 | -24.6% |
| Financial income | 75/76B | €285 | €309 | +€24 | +8.4% |
| Recurring financial income | 75 | €285 | €309 | +€24 | +8.4% |
| Financial charges | 65/66B | €2,014 | €151 | -€1,863 | -92.5% |
| Recurring financial charges | 65 | €2,014 | €151 | -€1,863 | -92.5% |
| Profit (loss) for the period before taxes | 9903 | €44,188 | €34,757 | -€9,431 | -21.3% |
| Income taxes | 67/77 | €11,974 | €7,486 | -€4,488 | -37.5% |
| Profit (loss) for the period | 9904 | €32,213 | €27,271 | -€4,942 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,213 | €27,271 | -€4,942 | -15.3% |
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.