NGIX: 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.
NGIX
Largest movements
- Receivables after one year +€273,755
new in 2025: €273,755
- Financial fixed assets -€15,493
down €15,493 (-3.5%), from €440,925 to €425,432
- Cash -€8,489
down €8,489 (-54.4%), from €15,612 to €7,123
mainly Receivables after one year (-€273,755) and Contributions, distributions and other (-€86,468)
- Reserves +€140,420
up €140,420 (+37.6%), from €373,367 to €513,786
- Other debts +€87,145
up €87,145, from €0 to €87,145
- Tax, wage and social debts +€31,993
up €31,993 (+249%), from €12,831 to €44,824
- Debts after one year -€15,000
down €15,000 (-64.1%), from €23,400 to €8,400
- Financial income +€257,662
up €257,662 (+30,383%), from €848 to €258,510
of which Non-recurring financial income: +€258,262
- Taxes +€22,689
up €22,689, from €0 to €22,689
- Gross operating margin -€3,818
down €3,818 (-80.0%), from €4,775 to €957
- Financial charges +€3,609
up €3,609 (+83.4%), from €4,329 to €7,937
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 | €490,108 | €732,895 | +€242,787 | +49.5% |
| Fixed assets | 21/28 | €442,365 | €425,432 | -€16,933 | -3.8% |
| Tangible fixed assets | 22/27 | €1,440 | €0 | -€1,440 | -100% |
| Furniture and vehicles | 24 | €1,440 | €0 | -€1,440 | -100% |
| Financial fixed assets | 28 | €440,925 | €425,432 | -€15,493 | -3.5% |
| Current assets | 29/58 | €47,743 | €307,463 | +€259,720 | +544% |
| Amounts receivable after more than one year | 29 | - | €273,755 | +€273,755 | |
| Other amounts receivable | 291 | - | €273,755 | +€273,755 | |
| Amounts receivable within one year | 40/41 | €32,131 | €26,585 | -€5,546 | -17.3% |
| Trade receivables | 40 | €30,250 | €26,300 | -€3,950 | -13.1% |
| Other amounts receivable | 41 | €1,881 | €285 | -€1,596 | -84.8% |
| Cash at bank and in hand | 54/58 | €15,612 | €7,123 | -€8,489 | -54.4% |
| Total equity and liabilities | 10/49 | €490,108 | €732,895 | +€242,787 | +49.5% |
| Equity | 10/15 | €423,679 | €564,099 | +€140,420 | +33.1% |
| Contributions | 10/11 | €50,313 | €50,313 | = | 0.0% |
| Reserves | 13 | €373,367 | €513,786 | +€140,420 | +37.6% |
| Distributable reserves | 133 | €373,367 | €513,786 | +€140,420 | +37.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €66,428 | €168,796 | +€102,368 | +154% |
| Amounts payable after more than one year | 17 | €23,400 | €8,400 | -€15,000 | -64.1% |
| Financial debts | 170/4 | €23,400 | €8,400 | -€15,000 | -64.1% |
| Amounts payable within one year | 42/48 | €40,691 | €155,298 | +€114,607 | +282% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €12,860 | €8,329 | -€4,531 | -35.2% |
| Suppliers | 440/4 | €12,860 | €8,329 | -€4,531 | -35.2% |
| Taxes, remuneration and social security | 45 | €12,831 | €44,824 | +€31,993 | +249% |
| Taxes | 450/3 | €12,831 | €44,824 | +€31,993 | +249% |
| Other amounts payable | 47/48 | €0 | €87,145 | +€87,145 | |
| Accrued charges and deferred income | 492/3 | €2,338 | €5,099 | +€2,761 | +118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,440 | €1,440 | = | 0.0% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €4,775 | €957 | -€3,818 | -80.0% |
| Operating profit (loss) | 9901 | €2,836 | -€996 | -€3,832 | |
| Financial income | 75/76B | €848 | €258,510 | +€257,662 | +30,383% |
| Recurring financial income | 75 | €848 | €248 | -€600 | -70.8% |
| Non-recurring financial income | 76B | - | €258,262 | +€258,262 | |
| Financial charges | 65/66B | €4,329 | €7,937 | +€3,609 | +83.4% |
| Recurring financial charges | 65 | €4,329 | €7,937 | +€3,609 | +83.4% |
| Profit (loss) for the period before taxes | 9903 | -€645 | €249,577 | +€250,222 | |
| Income taxes | 67/77 | €0 | €22,689 | +€22,689 | |
| Profit (loss) for the period | 9904 | -€645 | €226,888 | +€227,533 | |
| Profit (loss) for the period to be appropriated | 9905 | -€645 | €226,888 | +€227,533 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.