NKS.PROJECTS: 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.
NKS.PROJECTS
Largest movements
- Tangible fixed assets +€92,589
up €92,589 (+1,805%), from €5,128 to €97,717
of which Furniture and vehicles: +€93,672
- Cash +€37,131
up €37,131 (+259%), from €14,330 to €51,461
mainly Other debts (+€137,065) and Depreciation (+€12,857)
- Receivables within one year -€6,738
down €6,738 (-3.6%), from €187,358 to €180,620
of which Trade receivables: -€4,212
- Other debts +€137,065
up €137,065 (+74.4%), from €184,348 to €321,413
- Trade debts -€12,807
down €12,807 (-70.4%), from €18,192 to €5,384
- Profit (loss) carried forward -€6,748
down €6,748 (-12.6%), from -€53,490 to -€60,238
- Tax, wage and social debts +€5,165
up €5,165 (+214%), from €2,418 to €7,583
of which Taxes: +€7,165
- Gross operating margin -€124,477
down €124,477 (-88.8%), from €140,227 to €15,750
- Depreciation +€11,656
up €11,656 (+971%), from €1,201 to €12,857
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 | €212,968 | €335,642 | +€122,674 | +57.6% |
| Fixed assets | 21/28 | €5,128 | €97,717 | +€92,589 | +1,805% |
| Tangible fixed assets | 22/27 | €5,128 | €97,717 | +€92,589 | +1,805% |
| Land and buildings | 22 | €1,839 | €1,281 | -€559 | -30.4% |
| Plant, machinery and equipment | 23 | €3,289 | €2,764 | -€525 | -16.0% |
| Furniture and vehicles | 24 | - | €93,672 | +€93,672 | |
| Current assets | 29/58 | €207,839 | €237,925 | +€30,085 | +14.5% |
| Amounts receivable within one year | 40/41 | €187,358 | €180,620 | -€6,738 | -3.6% |
| Trade receivables | 40 | €19,393 | €15,181 | -€4,212 | -21.7% |
| Other amounts receivable | 41 | €167,966 | €165,439 | -€2,526 | -1.5% |
| Cash at bank and in hand | 54/58 | €14,330 | €51,461 | +€37,131 | +259% |
| Deferred charges and accrued income | 490/1 | €6,151 | €5,844 | -€307 | -5.0% |
| Total equity and liabilities | 10/49 | €212,968 | €335,642 | +€122,674 | +57.6% |
| Equity | 10/15 | €8,010 | €1,262 | -€6,748 | -84.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,490 | -€60,238 | -€6,748 | -12.6% |
| Amounts payable | 17/49 | €204,958 | €334,380 | +€129,422 | +63.1% |
| Amounts payable within one year | 42/48 | €204,958 | €334,380 | +€129,422 | +63.1% |
| Trade debts | 44 | €18,192 | €5,384 | -€12,807 | -70.4% |
| Suppliers | 440/4 | €18,192 | €5,384 | -€12,807 | -70.4% |
| Taxes, remuneration and social security | 45 | €2,418 | €7,583 | +€5,165 | +214% |
| Taxes | 450/3 | €418 | €7,583 | +€7,165 | +1,714% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €184,348 | €321,413 | +€137,065 | +74.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,201 | €12,857 | +€11,656 | +971% |
| Other operating charges | 640/8 | €1,699 | €1,078 | -€622 | -36.6% |
| Gross operating margin | 9900 | €140,227 | €15,750 | -€124,477 | -88.8% |
| Operating profit (loss) | 9901 | €137,326 | €1,815 | -€135,511 | -98.7% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €9,476 | €8,211 | -€1,265 | -13.3% |
| Recurring financial charges | 65 | €9,476 | €8,211 | -€1,265 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €127,860 | -€6,396 | -€134,256 | |
| Income taxes | 67/77 | €392 | €352 | -€40 | -10.2% |
| Profit (loss) for the period | 9904 | €127,468 | -€6,748 | -€134,216 | |
| Profit (loss) for the period to be appropriated | 9905 | €127,468 | -€6,748 | -€134,216 |
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 19 October 2026 via checked.be.