NGL CONSEILS: 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.
What changed
NGL CONSEILS
NACE 73.300, Public relations and communication consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€13,542
2024 · €41,111-€27,569
Equity
€358,909
2024 · €345,367+€13,542
Cash
€35,597
2024 · €37,641-€2,044
Balance sheet total
€555,588
2024 · €566,540-€10,952
Largest movements
Assets
- Receivables within one year -€7,552
down €7,552 (-26.3%), from €28,663 to €21,112
of which Trade receivables: -€9,826
Equity and liabilities
- Debts after one year -€16,966
down €16,966 (-13.6%), from €124,389 to €107,423
- Reserves +€13,542
up €13,542 (+9.0%), from €150,803 to €164,344
of which Distributable reserves: +€18,372
- Tax, wage and social debts -€9,866
down €9,866 (-45.3%), from €21,787 to €11,921
Income statement
- Gross operating margin -€37,357
down €37,357 (-36.6%), from €102,028 to €64,671
- Taxes -€11,219
down €11,219 (-59.7%), from €18,777 to €7,558
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
€41,111
Gross operating margin
-€37,357
Depreciation
+€199
Other operating charges
-€753
Other operating items
+€20
Financial income
-€966
Financial charges
+€424
Taxes
+€11,219
Deferred taxes and other
-€356
Result 2025
€13,542
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€50,749
Investment
-€36,122
Financing
-€16,671
Cash 2024
€37,641
From operations (derived)
+€50,749
Net result for the year
+€13,542
Depreciation
+€38,884
Receivables within one year
+€7,552
Deferred charges and accrued income
-€1,406
Provisions
-€990
Trade debts
+€1,752
Tax, wage and social debts
-€9,866
Other debts
+€1,282
Investment (derived)
-€36,122
Investment in fixed assets (net)
-€36,122
Financing
-€16,671
Debts after one year
-€16,966
Current portion of long-term debt
+€295
Cash 2025
€35,597
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €566,540 | €555,588 | -€10,952 | -1.9% |
| Fixed assets | 21/28 | €499,927 | €497,165 | -€2,762 | -0.6% |
| Tangible fixed assets | 22/27 | €499,927 | €497,165 | -€2,762 | -0.6% |
| Land and buildings | 22 | €331,984 | €321,552 | -€10,432 | -3.1% |
| Plant, machinery and equipment | 23 | €161,746 | €171,065 | +€9,319 | +5.8% |
| Furniture and vehicles | 24 | €6,197 | €4,547 | -€1,650 | -26.6% |
| Current assets | 29/58 | €66,613 | €58,423 | -€8,190 | -12.3% |
| Amounts receivable within one year | 40/41 | €28,663 | €21,112 | -€7,552 | -26.3% |
| Trade receivables | 40 | €26,845 | €17,018 | -€9,826 | -36.6% |
| Other amounts receivable | 41 | €1,819 | €4,093 | +€2,274 | +125% |
| Cash at bank and in hand | 54/58 | €37,641 | €35,597 | -€2,044 | -5.4% |
| Deferred charges and accrued income | 490/1 | €308 | €1,714 | +€1,406 | +456% |
| Total equity and liabilities | 10/49 | €566,540 | €555,588 | -€10,952 | -1.9% |
| Equity | 10/15 | €345,367 | €358,909 | +€13,542 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €150,803 | €164,344 | +€13,542 | +9.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €68,047 | €65,076 | -€2,971 | -4.4% |
| Distributable reserves | 133 | €80,896 | €99,268 | +€18,372 | +22.7% |
| Profit (loss) carried forward | 14 | €175,964 | €175,964 | = | 0.0% |
| Provisions and deferred taxes | 16 | €35,007 | €34,016 | -€990 | -2.8% |
| Deferred taxes | 168 | €35,007 | €34,016 | -€990 | -2.8% |
| Amounts payable | 17/49 | €186,166 | €162,663 | -€23,503 | -12.6% |
| Amounts payable after more than one year | 17 | €124,389 | €107,423 | -€16,966 | -13.6% |
| Financial debts | 170/4 | €124,389 | €107,423 | -€16,966 | -13.6% |
| Amounts payable within one year | 42/48 | €61,777 | €55,239 | -€6,537 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €16,671 | €16,966 | +€295 | +1.8% |
| Trade debts | 44 | €10,825 | €12,577 | +€1,752 | +16.2% |
| Suppliers | 440/4 | €10,825 | €12,577 | +€1,752 | +16.2% |
| Taxes, remuneration and social security | 45 | €21,787 | €11,921 | -€9,866 | -45.3% |
| Taxes | 450/3 | €21,787 | €11,921 | -€9,866 | -45.3% |
| Other amounts payable | 47/48 | €12,493 | €13,775 | +€1,282 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,084 | €38,884 | -€199 | -0.5% |
| Other operating charges | 640/8 | €2,321 | €3,075 | +€753 | +32.4% |
| Non-recurring operating charges | 66A | €20 | - | -€20 | |
| Gross operating margin | 9900 | €102,028 | €64,671 | -€37,357 | -36.6% |
| Operating profit (loss) | 9901 | €60,603 | €22,712 | -€37,891 | -62.5% |
| Financial income | 75/76B | €970 | €4 | -€966 | -99.5% |
| Recurring financial income | 75 | €970 | €4 | -€966 | -99.5% |
| Financial charges | 65/66B | €3,032 | €2,607 | -€424 | -14.0% |
| Recurring financial charges | 65 | €3,032 | €2,607 | -€424 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €58,541 | €20,109 | -€38,432 | -65.6% |
| Transfer from deferred taxes | 780 | €1,346 | €990 | -€356 | -26.4% |
| Income taxes | 67/77 | €18,777 | €7,558 | -€11,219 | -59.7% |
| Profit (loss) for the period | 9904 | €41,111 | €13,542 | -€27,569 | -67.1% |
| Transfer from tax-exempt reserves | 789 | €2,615 | €2,971 | +€356 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,726 | €16,512 | -€27,213 | -62.2% |
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 16 October 2026 via checked.be.