NHG Concepts: 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.
NHG Concepts
Largest movements
- Receivables within one year +€52,629
up €52,629, from €0 to €52,629
of which Trade receivables: +€52,629
- Cash +€34,095
up €34,095 (+71.4%), from €47,765 to €81,860
mainly Net result for the year (+€72,012) and Tax, wage and social debts (+€19,012)
- Receivables after one year +€9,000
up €9,000 (+30.0%), from €30,000 to €39,000
- Tangible fixed assets -€5,657
down €5,657 (-25.2%), from €22,490 to €16,833
of which Other tangible fixed assets: -€2,935
- Reserves +€72,012
up €72,012 (+107%), from €66,989 to €139,001
- Tax, wage and social debts +€19,012
up €19,012 (+68.3%), from €27,818 to €46,831
- Gross operating margin +€55,076
up €55,076 (+112%), from €49,362 to €104,438
- Taxes +€11,263
up €11,263 (+117%), from €9,589 to €20,852
- Financial charges +€1,192
up €1,192 (+28.6%), from €4,171 to €5,363
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 | €101,077 | €190,731 | +€89,654 | +88.7% |
| Fixed assets | 21/28 | €22,715 | €16,833 | -€5,882 | -25.9% |
| Tangible fixed assets | 22/27 | €22,490 | €16,833 | -€5,657 | -25.2% |
| Plant, machinery and equipment | 23 | €3,976 | €3,006 | -€970 | -24.4% |
| Furniture and vehicles | 24 | €7,008 | €5,255 | -€1,752 | -25.0% |
| Other tangible fixed assets | 26 | €11,507 | €8,572 | -€2,935 | -25.5% |
| Financial fixed assets | 28 | €225 | €0 | -€225 | -100% |
| Current assets | 29/58 | €78,362 | €173,898 | +€95,536 | +122% |
| Amounts receivable after more than one year | 29 | €30,000 | €39,000 | +€9,000 | +30.0% |
| Other amounts receivable | 291 | €30,000 | €39,000 | +€9,000 | +30.0% |
| Amounts receivable within one year | 40/41 | €0 | €52,629 | +€52,629 | |
| Trade receivables | 40 | €0 | €52,629 | +€52,629 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €47,765 | €81,860 | +€34,095 | +71.4% |
| Deferred charges and accrued income | 490/1 | €597 | €409 | -€188 | -31.6% |
| Total equity and liabilities | 10/49 | €101,077 | €190,731 | +€89,654 | +88.7% |
| Equity | 10/15 | €69,489 | €141,501 | +€72,012 | +104% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €66,989 | €139,001 | +€72,012 | +107% |
| Distributable reserves | 133 | €66,989 | €139,001 | +€72,012 | +107% |
| Amounts payable | 17/49 | €31,588 | €49,230 | +€17,642 | +55.8% |
| Amounts payable within one year | 42/48 | €31,588 | €49,230 | +€17,642 | +55.8% |
| Trade debts | 44 | €3,318 | €2,313 | -€1,004 | -30.3% |
| Suppliers | 440/4 | €3,318 | €2,313 | -€1,004 | -30.3% |
| Taxes, remuneration and social security | 45 | €27,818 | €46,831 | +€19,012 | +68.3% |
| Taxes | 450/3 | €27,818 | €46,831 | +€19,012 | +68.3% |
| Other amounts payable | 47/48 | €452 | €86 | -€366 | -81.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,203 | €5,657 | +€454 | +8.7% |
| Other operating charges | 640/8 | €586 | €633 | +€46 | +7.9% |
| Gross operating margin | 9900 | €49,362 | €104,438 | +€55,076 | +112% |
| Operating profit (loss) | 9901 | €43,573 | €98,148 | +€54,576 | +125% |
| Financial income | 75/76B | €17 | €79 | +€62 | +376% |
| Recurring financial income | 75 | €17 | €79 | +€62 | +376% |
| Financial charges | 65/66B | €4,171 | €5,363 | +€1,192 | +28.6% |
| Recurring financial charges | 65 | €4,171 | €5,363 | +€1,192 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | €39,418 | €92,864 | +€53,446 | +136% |
| Income taxes | 67/77 | €9,589 | €20,852 | +€11,263 | +117% |
| Profit (loss) for the period | 9904 | €29,829 | €72,012 | +€42,183 | +141% |
| Profit (loss) for the period to be appropriated | 9905 | €29,829 | €72,012 | +€42,183 | +141% |
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 18 October 2026 via checked.be.