NHC group: 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.
NHC group
Largest movements
- Stocks and contracts +€12,600
new in 2025: €12,600
- Cash +€6,124
up €6,124 (+248.5%), from €2,464 to €8,588
mainly Other debts (+€18,354) and Tax, wage and social debts (+€2,506)
- Receivables within one year +€5,223
up €5,223 (+11343.0%), from €46 to €5,270
- Tangible fixed assets +€829
new in 2025: €829
- Other debts +€18,354
up €18,354 (+397.4%), from €4,618 to €22,972
- Tax, wage and social debts +€2,506
up €2,506 (+283.2%), from €885 to €3,391
- Profit (loss) carried forward +€2,329
up €2,329 (+42.1%), from -€5,531 to -€3,202
- Trade debts +€1,436
up €1,436 (+3805.3%), from €38 to €1,474
- Gross operating margin +€9,427
up €9,427, from -€5,209 to €4,219
- Taxes +€811
new in 2025: €811
- Financial charges +€531
new in 2025: €531
- Staff costs +€250
new in 2025: €250
- Other operating charges -€77
down €77 (-24.1%), from €322 to €244
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 | €2,510 | €27,286 | +€24,776 | +986.9% |
| Fixed assets | 21/28 | - | €829 | +€829 | |
| Tangible fixed assets | 22/27 | - | €829 | +€829 | |
| Furniture and vehicles | 24 | - | €829 | +€829 | |
| Current assets | 29/58 | €2,510 | €26,457 | +€23,947 | +953.9% |
| Stocks and contracts in progress | 3 | - | €12,600 | +€12,600 | |
| Stocks | 30/36 | - | €12,600 | +€12,600 | |
| Amounts receivable within one year | 40/41 | €46 | €5,270 | +€5,223 | +11343.0% |
| Trade receivables | 40 | €46 | €5,270 | +€5,223 | +11343.0% |
| Cash at bank and in hand | 54/58 | €2,464 | €8,588 | +€6,124 | +248.5% |
| Total equity and liabilities | 10/49 | €2,510 | €27,286 | +€24,776 | +986.9% |
| Equity | 10/15 | -€3,031 | -€702 | +€2,329 | +76.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,531 | -€3,202 | +€2,329 | +42.1% |
| Amounts payable | 17/49 | €5,541 | €27,988 | +€22,447 | +405.1% |
| Amounts payable within one year | 42/48 | €5,541 | €27,988 | +€22,447 | +405.1% |
| Financial debts | 43 | - | €151 | +€151 | |
| Credit institutions | 430/8 | - | €151 | +€151 | |
| Trade debts | 44 | €38 | €1,474 | +€1,436 | +3805.3% |
| Suppliers | 440/4 | €38 | €1,474 | +€1,436 | +3805.3% |
| Taxes, remuneration and social security | 45 | €885 | €3,391 | +€2,506 | +283.2% |
| Taxes | 450/3 | €885 | €3,391 | +€2,506 | +283.2% |
| Other amounts payable | 47/48 | €4,618 | €22,972 | +€18,354 | +397.4% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €55 | +€55 | |
| Other operating charges | 640/8 | €322 | €244 | -€77 | -24.1% |
| Gross operating margin | 9900 | -€5,209 | €4,219 | +€9,427 | |
| Operating profit (loss) | 9901 | -€5,531 | €3,669 | +€9,200 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €531 | +€531 | |
| Recurring financial charges | 65 | - | €531 | +€531 | |
| Profit (loss) for the period before taxes | 9903 | -€5,531 | €3,139 | +€8,670 | |
| Income taxes | 67/77 | - | €811 | +€811 | |
| Profit (loss) for the period | 9904 | -€5,531 | €2,329 | +€7,859 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,531 | €2,329 | +€7,859 |
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 11 October 2026 via checked.be.