NKORA SERVICE: 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.
NKORA SERVICE
Largest movements
- Tangible fixed assets -€13,960
down €13,960 (-27.6%), from €50,540 to €36,580
- Cash +€2,927
up €2,927 (+55.3%), from €5,293 to €8,220
mainly Depreciation (+€13,960) and Net result for the year (+€7,077)
- Receivables within one year +€648
up €648 (+14.0%), from €4,629 to €5,278
of which Trade receivables: +€442
- Other debts -€17,462
down €17,462 (-80.0%), from €21,837 to €4,375
- Profit (loss) carried forward +€7,077
up €7,077 (+18.6%), from €38,056 to €45,133
- Purchases and services -€17,379
down €17,379 (-24.4%), from €71,245 to €53,866
- Turnover -€14,030
down €14,030 (-15.4%), from €91,366 to €77,336
- Depreciation +€6,408
up €6,408 (+84.8%), from €7,553 to €13,960
- Gross operating margin +€6,208
up €6,208 (+30.9%), from €20,121 to €26,329
- Other operating charges +€1,837
up €1,837 (+75.3%), from €2,438 to €4,275
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 | €60,463 | €50,078 | -€10,385 | -17.2% |
| Fixed assets | 21/28 | €50,540 | €36,580 | -€13,960 | -27.6% |
| Tangible fixed assets | 22/27 | €50,540 | €36,580 | -€13,960 | -27.6% |
| Furniture and vehicles | 24 | €50,540 | €36,580 | -€13,960 | -27.6% |
| Current assets | 29/58 | €9,922 | €13,498 | +€3,576 | +36.0% |
| Amounts receivable within one year | 40/41 | €4,629 | €5,278 | +€648 | +14.0% |
| Trade receivables | 40 | - | €442 | +€442 | |
| Other amounts receivable | 41 | €4,629 | €4,835 | +€206 | +4.5% |
| Cash at bank and in hand | 54/58 | €5,293 | €8,220 | +€2,927 | +55.3% |
| Total equity and liabilities | 10/49 | €60,463 | €50,078 | -€10,385 | -17.2% |
| Equity | 10/15 | €38,626 | €45,703 | +€7,077 | +18.3% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €370 | €370 | = | 0.0% |
| Non-distributable reserves | 130/1 | €370 | €370 | = | 0.0% |
| Reserves not available under the articles | 1311 | €370 | €370 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,056 | €45,133 | +€7,077 | +18.6% |
| Amounts payable | 17/49 | €21,837 | €4,375 | -€17,462 | -80.0% |
| Amounts payable within one year | 42/48 | €21,837 | €4,375 | -€17,462 | -80.0% |
| Other amounts payable | 47/48 | €21,837 | €4,375 | -€17,462 | -80.0% |
| Turnover | 70 | €91,366 | €77,336 | -€14,030 | -15.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €71,245 | €53,866 | -€17,379 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,553 | €13,960 | +€6,408 | +84.8% |
| Other operating charges | 640/8 | €2,438 | €4,275 | +€1,837 | +75.3% |
| Gross operating margin | 9900 | €20,121 | €26,329 | +€6,208 | +30.9% |
| Operating profit (loss) | 9901 | €10,131 | €8,095 | -€2,036 | -20.1% |
| Financial charges | 65/66B | €693 | €498 | -€195 | -28.1% |
| Recurring financial charges | 65 | €693 | €498 | -€195 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €9,438 | €7,597 | -€1,841 | -19.5% |
| Income taxes | 67/77 | - | €519 | +€519 | |
| Profit (loss) for the period | 9904 | €9,438 | €7,077 | -€2,361 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,438 | €7,077 | -€2,361 | -25.0% |
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 24 October 2026 via checked.be.