NLC: 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.
NLC
Largest movements
- Receivables within one year +€31,597
up €31,597 (+266.4%), from €11,861 to €43,458
of which Trade receivables: +€18,337
- Cash -€4,454
down €4,454 (-33.3%), from €13,391 to €8,937
mainly Receivables within one year (-€31,597) and Other debts (-€2,305)
- Trade debts +€17,184
up €17,184 (+69.5%), from €24,741 to €41,925
- Profit (loss) carried forward +€7,066
up €7,066, from -€5,194 to €1,872
- Tax, wage and social debts +€4,808
up €4,808 (+567.8%), from €847 to €5,655
of which Remuneration and social security: +€4,453
- Other debts -€2,305
no longer reported in 2025 (was €2,305)
- Gross operating margin +€13,390
up €13,390, from -€4,591 to €8,800
- Taxes +€655
new in 2025: €655
- Depreciation +€279
up €279 (+251.0%), from €111 to €390
- Other operating charges +€154
up €154 (+28.9%), from €533 to €687
- Financial income -€101
no longer reported in 2025 (was €101)
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 | €26,699 | €53,452 | +€26,754 | +100.2% |
| Fixed assets | 21/28 | €1,447 | €1,058 | -€390 | -26.9% |
| Tangible fixed assets | 22/27 | €1,447 | €1,058 | -€390 | -26.9% |
| Furniture and vehicles | 24 | €1,447 | €1,058 | -€390 | -26.9% |
| Current assets | 29/58 | €25,252 | €52,395 | +€27,143 | +107.5% |
| Amounts receivable within one year | 40/41 | €11,861 | €43,458 | +€31,597 | +266.4% |
| Trade receivables | 40 | €6,484 | €24,821 | +€18,337 | +282.8% |
| Other amounts receivable | 41 | €5,377 | €18,637 | +€13,260 | +246.6% |
| Cash at bank and in hand | 54/58 | €13,391 | €8,937 | -€4,454 | -33.3% |
| Total equity and liabilities | 10/49 | €26,699 | €53,452 | +€26,754 | +100.2% |
| Equity | 10/15 | -€1,194 | €5,872 | +€7,066 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Outside capital | 11 | €4,000 | - | -€4,000 | |
| Other | 1109/19 | €4,000 | - | -€4,000 | |
| Profit (loss) carried forward | 14 | -€5,194 | €1,872 | +€7,066 | |
| Amounts payable | 17/49 | €27,893 | €47,580 | +€19,687 | +70.6% |
| Amounts payable within one year | 42/48 | €27,893 | €47,580 | +€19,687 | +70.6% |
| Trade debts | 44 | €24,741 | €41,925 | +€17,184 | +69.5% |
| Suppliers | 440/4 | €24,741 | €41,925 | +€17,184 | +69.5% |
| Taxes, remuneration and social security | 45 | €847 | €5,655 | +€4,808 | +567.8% |
| Taxes | 450/3 | €300 | €655 | +€355 | +118.4% |
| Remuneration and social security | 454/9 | €547 | €5,000 | +€4,453 | +814.4% |
| Other amounts payable | 47/48 | €2,305 | - | -€2,305 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111 | €390 | +€279 | +251.0% |
| Other operating charges | 640/8 | €533 | €687 | +€154 | +28.9% |
| Gross operating margin | 9900 | -€4,591 | €8,800 | +€13,390 | |
| Operating profit (loss) | 9901 | -€5,235 | €7,723 | +€12,958 | |
| Financial income | 75/76B | €101 | - | -€101 | |
| Recurring financial income | 75 | €101 | - | -€101 | |
| Financial charges | 65/66B | €60 | €2 | -€58 | -97.1% |
| Recurring financial charges | 65 | €60 | €2 | -€58 | -97.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,194 | €7,722 | +€12,916 | |
| Income taxes | 67/77 | - | €655 | +€655 | |
| Profit (loss) for the period | 9904 | -€5,194 | €7,066 | +€12,261 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,194 | €7,066 | +€12,261 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.