NGnear: 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.
NGnear
Largest movements
- Cash +€145,886
up €145,886 (+193%), from €75,522 to €221,408
mainly Net result for the year (+€70,524) and Trade debts (+€54,369)
- Receivables within one year -€28,170
down €28,170 (-22.8%), from €123,331 to €95,161
- Profit (loss) carried forward +€70,524
up €70,524 (+80.2%), from €87,967 to €158,490
- Trade debts +€54,369
up €54,369 (+914%), from €5,950 to €60,319
- Tax, wage and social debts -€5,441
down €5,441 (-10.9%), from €49,929 to €44,489
of which Taxes: -€6,298
- Gross operating margin +€6,714
up €6,714 (+7.1%), from €94,976 to €101,690
- Staff costs +€5,984
new in 2025: €5,984
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 | €205,223 | €322,457 | +€117,234 | +57.1% |
| Fixed assets | 21/28 | €6,369 | €5,888 | -€481 | -7.6% |
| Tangible fixed assets | 22/27 | €6,369 | €5,888 | -€481 | -7.6% |
| Plant, machinery and equipment | 23 | €2,091 | €1,792 | -€299 | -14.3% |
| Furniture and vehicles | 24 | €4,278 | €4,096 | -€182 | -4.3% |
| Current assets | 29/58 | €198,853 | €316,569 | +€117,715 | +59.2% |
| Amounts receivable within one year | 40/41 | €123,331 | €95,161 | -€28,170 | -22.8% |
| Trade receivables | 40 | €123,331 | €95,161 | -€28,170 | -22.8% |
| Cash at bank and in hand | 54/58 | €75,522 | €221,408 | +€145,886 | +193% |
| Total equity and liabilities | 10/49 | €205,223 | €322,457 | +€117,234 | +57.1% |
| Equity | 10/15 | €89,267 | €160,490 | +€71,224 | +79.8% |
| Contributions | 10/11 | €1,300 | €2,000 | +€700 | +53.8% |
| Profit (loss) carried forward | 14 | €87,967 | €158,490 | +€70,524 | +80.2% |
| Amounts payable | 17/49 | €115,956 | €161,967 | +€46,011 | +39.7% |
| Amounts payable within one year | 42/48 | €115,956 | €161,967 | +€46,011 | +39.7% |
| Trade debts | 44 | €5,950 | €60,319 | +€54,369 | +914% |
| Suppliers | 440/4 | €5,950 | €60,319 | +€54,369 | +914% |
| Advances received on contracts in progress | 46 | €39,710 | €37,897 | -€1,813 | -4.6% |
| Taxes, remuneration and social security | 45 | €49,929 | €44,489 | -€5,441 | -10.9% |
| Taxes | 450/3 | €49,929 | €43,631 | -€6,298 | -12.6% |
| Remuneration and social security | 454/9 | - | €858 | +€858 | |
| Other amounts payable | 47/48 | €20,367 | €19,261 | -€1,105 | -5.4% |
| Remuneration, social security and pensions | 62 | - | €5,984 | +€5,984 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,507 | +€507 | +25.4% |
| Other operating charges | 640/8 | €507 | €524 | +€17 | +3.4% |
| Gross operating margin | 9900 | €94,976 | €101,690 | +€6,714 | +7.1% |
| Operating profit (loss) | 9901 | €92,469 | €92,675 | +€206 | +0.2% |
| Financial charges | 65/66B | €4,126 | €3,907 | -€219 | -5.3% |
| Recurring financial charges | 65 | €4,126 | €3,907 | -€219 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €88,344 | €88,768 | +€425 | +0.5% |
| Income taxes | 67/77 | €17,864 | €18,245 | +€381 | +2.1% |
| Profit (loss) for the period | 9904 | €70,480 | €70,524 | +€44 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €70,480 | €70,524 | +€44 | +0.1% |
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 14 October 2026 via checked.be.