NH TELECOM: 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.
NH TELECOM
Largest movements
- Receivables within one year +€17,218
up €17,218 (+23.7%), from €72,673 to €89,891
of which Other amounts receivable: +€17,944
- Cash +€6,810
up €6,810 (+166.5%), from €4,090 to €10,900
mainly Net result for the year (+€41,242) and Tax, wage and social debts (+€10,369)
- Profit (loss) carried forward +€41,242
up €41,242 (+170.7%), from €24,160 to €65,403
- Advances received -€22,769
no longer reported in 2025 (was €22,769)
- Tax, wage and social debts +€10,369
up €10,369 (+108.6%), from €9,544 to €19,913
of which Taxes: +€11,137
- Trade debts -€4,816
down €4,816 (-28.2%), from €17,090 to €12,275
- Gross operating margin +€22,311
up €22,311 (+77.1%), from €28,926 to €51,237
- Taxes +€4,646
up €4,646 (+76.5%), from €6,072 to €10,718
- Financial income +€1,560
up €1,560 (+115.1%), from €1,356 to €2,916
- Other operating charges +€1,326
new in 2025: €1,326
- Financial charges +€817
up €817 (+1634.9%), from €50 to €867
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 | €76,764 | €100,791 | +€24,027 | +31.3% |
| Current assets | 29/58 | €76,764 | €100,791 | +€24,027 | +31.3% |
| Amounts receivable within one year | 40/41 | €72,673 | €89,891 | +€17,218 | +23.7% |
| Trade receivables | 40 | €30,474 | €29,748 | -€726 | -2.4% |
| Other amounts receivable | 41 | €42,199 | €60,143 | +€17,944 | +42.5% |
| Cash at bank and in hand | 54/58 | €4,090 | €10,900 | +€6,810 | +166.5% |
| Total equity and liabilities | 10/49 | €76,764 | €100,791 | +€24,027 | +31.3% |
| Equity | 10/15 | €26,660 | €67,903 | +€41,242 | +154.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,160 | €65,403 | +€41,242 | +170.7% |
| Amounts payable | 17/49 | €50,103 | €32,888 | -€17,215 | -34.4% |
| Amounts payable within one year | 42/48 | €50,103 | €32,888 | -€17,215 | -34.4% |
| Trade debts | 44 | €17,090 | €12,275 | -€4,816 | -28.2% |
| Suppliers | 440/4 | €17,090 | €12,275 | -€4,816 | -28.2% |
| Advances received on contracts in progress | 46 | €22,769 | - | -€22,769 | |
| Taxes, remuneration and social security | 45 | €9,544 | €19,913 | +€10,369 | +108.6% |
| Taxes | 450/3 | €7,041 | €18,178 | +€11,137 | +158.2% |
| Remuneration and social security | 454/9 | €2,503 | €1,736 | -€768 | -30.7% |
| Other amounts payable | 47/48 | €700 | €700 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,326 | +€1,326 | |
| Gross operating margin | 9900 | €28,926 | €51,237 | +€22,311 | +77.1% |
| Operating profit (loss) | 9901 | €28,926 | €49,911 | +€20,985 | +72.5% |
| Financial income | 75/76B | €1,356 | €2,916 | +€1,560 | +115.1% |
| Recurring financial income | 75 | €1,356 | €2,916 | +€1,560 | +115.1% |
| Financial charges | 65/66B | €50 | €867 | +€817 | +1634.9% |
| Recurring financial charges | 65 | €50 | €867 | +€817 | +1634.9% |
| Profit (loss) for the period before taxes | 9903 | €30,232 | €51,960 | +€21,728 | +71.9% |
| Income taxes | 67/77 | €6,072 | €10,718 | +€4,646 | +76.5% |
| Profit (loss) for the period | 9904 | €24,160 | €41,242 | +€17,082 | +70.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,160 | €41,242 | +€17,082 | +70.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.