NLCODING: what changed
NLCODING
Largest movements
- Cash +€26,461
up €26,461 (+196%), from €13,496 to €39,957
mainly Receivables within one year (+€14,096) and Net result for the year (+€11,839)
- Receivables within one year -€14,096
down €14,096 (-56.1%), from €25,107 to €11,012
of which Trade receivables: -€13,012
- Deferred charges and accrued income -€2,110
down €2,110 (-28.0%), from €7,540 to €5,430
- Tangible fixed assets -€1,748
down €1,748 (-24.9%), from €7,027 to €5,280
of which Furniture and vehicles: -€1,207
- Profit (loss) carried forward +€11,839
up €11,839 (+54.9%), from €21,574 to €33,413
- Other debts -€11,148
down €11,148 (-86.2%), from €12,927 to €1,779
- Tax, wage and social debts +€7,057
up €7,057 (+53.7%), from €13,146 to €20,203
of which Taxes: +€6,897
- Trade debts +€761
up €761 (+146%), from €523 to €1,284
- Gross operating margin -€9,689
down €9,689 (-29.9%), from €32,388 to €22,699
- Depreciation +€927
up €927 (+113%), from €821 to €1,748
- Taxes -€640
down €640 (-9.2%), from €6,996 to €6,356
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,171 | €61,679 | +€8,509 | +16.0% |
| Fixed assets | 21/28 | €7,027 | €5,280 | -€1,748 | -24.9% |
| Tangible fixed assets | 22/27 | €7,027 | €5,280 | -€1,748 | -24.9% |
| Plant, machinery and equipment | 23 | €2,460 | €1,919 | -€541 | -22.0% |
| Furniture and vehicles | 24 | €4,568 | €3,361 | -€1,207 | -26.4% |
| Current assets | 29/58 | €46,143 | €56,399 | +€10,256 | +22.2% |
| Amounts receivable within one year | 40/41 | €25,107 | €11,012 | -€14,096 | -56.1% |
| Trade receivables | 40 | €13,012 | - | -€13,012 | |
| Other amounts receivable | 41 | €12,096 | €11,012 | -€1,084 | -9.0% |
| Cash at bank and in hand | 54/58 | €13,496 | €39,957 | +€26,461 | +196% |
| Deferred charges and accrued income | 490/1 | €7,540 | €5,430 | -€2,110 | -28.0% |
| Total equity and liabilities | 10/49 | €53,171 | €61,679 | +€8,509 | +16.0% |
| Equity | 10/15 | €26,574 | €38,413 | +€11,839 | +44.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,574 | €33,413 | +€11,839 | +54.9% |
| Amounts payable | 17/49 | €26,596 | €23,266 | -€3,330 | -12.5% |
| Amounts payable within one year | 42/48 | €26,596 | €23,266 | -€3,330 | -12.5% |
| Trade debts | 44 | €523 | €1,284 | +€761 | +146% |
| Suppliers | 440/4 | €523 | €1,284 | +€761 | +146% |
| Taxes, remuneration and social security | 45 | €13,146 | €20,203 | +€7,057 | +53.7% |
| Taxes | 450/3 | €13,146 | €20,043 | +€6,897 | +52.5% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €12,927 | €1,779 | -€11,148 | -86.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €821 | €1,748 | +€927 | +113% |
| Other operating charges | 640/8 | €992 | €792 | -€200 | -20.1% |
| Gross operating margin | 9900 | €32,388 | €22,699 | -€9,689 | -29.9% |
| Operating profit (loss) | 9901 | €30,575 | €20,160 | -€10,415 | -34.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | +400% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +400% |
| Financial charges | 65/66B | €2,004 | €1,965 | -€39 | -2.0% |
| Recurring financial charges | 65 | €2,004 | €1,965 | -€39 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €28,571 | €18,195 | -€10,376 | -36.3% |
| Income taxes | 67/77 | €6,996 | €6,356 | -€640 | -9.2% |
| Profit (loss) for the period | 9904 | €21,574 | €11,839 | -€9,735 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,574 | €11,839 | -€9,735 | -45.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.