NGLservices: 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.
NGLservices
Largest movements
- Receivables after one year -€58,710
no longer reported in 2025 (was €58,710)
- Cash -€17,537
down €17,537 (-25.7%), from €68,351 to €50,814
mainly Contributions, distributions and other (-€79,471) and Net result for the year (-€23,677)
- Receivables within one year -€14,973
down €14,973 (-31.1%), from €48,137 to €33,164
of which Trade receivables: -€15,778
- Reserves -€79,471
down €79,471 (-52.8%), from €150,527 to €71,056
of which Distributable reserves: -€79,471
- Profit (loss) carried forward -€23,677
new in 2025: -€23,677
- Other debts +€11,885
up €11,885 (+3055.2%), from €389 to €12,274
- Gross operating margin -€80,231
down €80,231, from €60,154 to -€20,077
- Taxes -€15,663
down €15,663 (-99.1%), from €15,806 to €143
- Financial income -€1,710
no longer reported in 2025 (was €1,710)
- Depreciation -€1,355
down €1,355 (-49.0%), from €2,763 to €1,408
- Financial charges -€618
down €618 (-35.2%), from €1,755 to €1,137
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 | €177,814 | €85,201 | -€92,613 | -52.1% |
| Fixed assets | 21/28 | €1,408 | - | -€1,408 | |
| Tangible fixed assets | 22/27 | €1,408 | - | -€1,408 | |
| Furniture and vehicles | 24 | €1,408 | - | -€1,408 | |
| Current assets | 29/58 | €176,406 | €85,201 | -€91,205 | -51.7% |
| Amounts receivable after more than one year | 29 | €58,710 | - | -€58,710 | |
| Other amounts receivable | 291 | €58,710 | - | -€58,710 | |
| Amounts receivable within one year | 40/41 | €48,137 | €33,164 | -€14,973 | -31.1% |
| Trade receivables | 40 | €36,442 | €20,664 | -€15,778 | -43.3% |
| Other amounts receivable | 41 | €11,694 | €12,500 | +€806 | +6.9% |
| Cash at bank and in hand | 54/58 | €68,351 | €50,814 | -€17,537 | -25.7% |
| Deferred charges and accrued income | 490/1 | €1,209 | €1,223 | +€14 | +1.2% |
| Total equity and liabilities | 10/49 | €177,814 | €85,201 | -€92,613 | -52.1% |
| Equity | 10/15 | €162,927 | €59,780 | -€103,147 | -63.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €150,527 | €71,056 | -€79,471 | -52.8% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €149,287 | €69,816 | -€79,471 | -53.2% |
| Profit (loss) carried forward | 14 | - | -€23,677 | -€23,677 | |
| Amounts payable | 17/49 | €14,887 | €25,421 | +€10,534 | +70.8% |
| Amounts payable within one year | 42/48 | €14,887 | €25,421 | +€10,534 | +70.8% |
| Trade debts | 44 | €3,342 | €2,545 | -€797 | -23.8% |
| Suppliers | 440/4 | €3,342 | €2,545 | -€797 | -23.8% |
| Taxes, remuneration and social security | 45 | €11,156 | €10,602 | -€554 | -5.0% |
| Taxes | 450/3 | €8,156 | €10,602 | +€2,446 | +30.0% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €389 | €12,274 | +€11,885 | +3055.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,763 | €1,408 | -€1,355 | -49.0% |
| Other operating charges | 640/8 | €457 | €912 | +€455 | +99.6% |
| Gross operating margin | 9900 | €60,154 | -€20,077 | -€80,231 | |
| Operating profit (loss) | 9901 | €56,934 | -€22,397 | -€79,331 | |
| Financial income | 75/76B | €1,710 | - | -€1,710 | |
| Recurring financial income | 75 | €1,710 | - | -€1,710 | |
| Financial charges | 65/66B | €1,755 | €1,137 | -€618 | -35.2% |
| Recurring financial charges | 65 | €1,755 | €1,137 | -€618 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €56,889 | -€23,534 | -€80,423 | |
| Income taxes | 67/77 | €15,806 | €143 | -€15,663 | -99.1% |
| Profit (loss) for the period | 9904 | €41,083 | -€23,677 | -€64,760 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,083 | -€23,677 | -€64,760 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.