NLIONPSY: 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.
NLIONPSY
Largest movements
- Cash +€22,505
up €22,505 (+145.9%), from €15,425 to €37,930
mainly Net result for the year (+€32,626) and Depreciation (+€3,498)
- Tangible fixed assets +€13,992
new in 2025: €13,992
- Receivables within one year +€3,458
new in 2025: €3,458
- Deferred charges and accrued income -€2,310
down €2,310 (-65.0%), from €3,555 to €1,245
- Reserves +€32,626
up €32,626 (+266.7%), from €12,235 to €44,861
- Tax, wage and social debts +€3,099
up €3,099 (+181.3%), from €1,709 to €4,807
- Other debts +€1,854
up €1,854 (+91.1%), from €2,036 to €3,890
- Gross operating margin +€26,778
up €26,778 (+145.7%), from €18,383 to €45,160
- Taxes +€5,440
up €5,440 (+177.8%), from €3,059 to €8,499
- Other operating charges +€459
new in 2025: €459
- Depreciation +€455
up €455 (+14.9%), from €3,043 to €3,498
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 | €18,979 | €56,625 | +€37,646 | +198.3% |
| Fixed assets | 21/28 | - | €13,992 | +€13,992 | |
| Tangible fixed assets | 22/27 | - | €13,992 | +€13,992 | |
| Furniture and vehicles | 24 | - | €13,992 | +€13,992 | |
| Current assets | 29/58 | €18,979 | €42,633 | +€23,654 | +124.6% |
| Amounts receivable within one year | 40/41 | - | €3,458 | +€3,458 | |
| Trade receivables | 40 | - | €3,458 | +€3,458 | |
| Cash at bank and in hand | 54/58 | €15,425 | €37,930 | +€22,505 | +145.9% |
| Deferred charges and accrued income | 490/1 | €3,555 | €1,245 | -€2,310 | -65.0% |
| Total equity and liabilities | 10/49 | €18,979 | €56,625 | +€37,646 | +198.3% |
| Equity | 10/15 | €15,235 | €47,861 | +€32,626 | +214.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,235 | €44,861 | +€32,626 | +266.7% |
| Distributable reserves | 133 | €12,235 | €44,861 | +€32,626 | +266.7% |
| Amounts payable | 17/49 | €3,744 | €8,764 | +€5,020 | +134.1% |
| Amounts payable within one year | 42/48 | €3,744 | €8,759 | +€5,015 | +133.9% |
| Trade debts | 44 | - | €62 | +€62 | |
| Suppliers | 440/4 | - | €62 | +€62 | |
| Taxes, remuneration and social security | 45 | €1,709 | €4,807 | +€3,099 | +181.3% |
| Taxes | 450/3 | €1,709 | €4,807 | +€3,099 | +181.3% |
| Other amounts payable | 47/48 | €2,036 | €3,890 | +€1,854 | +91.1% |
| Accrued charges and deferred income | 492/3 | - | €5 | +€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,043 | €3,498 | +€455 | +14.9% |
| Other operating charges | 640/8 | - | €459 | +€459 | |
| Gross operating margin | 9900 | €18,383 | €45,160 | +€26,778 | +145.7% |
| Operating profit (loss) | 9901 | €15,339 | €41,203 | +€25,863 | +168.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €46 | €80 | +€34 | +75.0% |
| Recurring financial charges | 65 | €46 | €80 | +€34 | +75.0% |
| Profit (loss) for the period before taxes | 9903 | €15,294 | €41,124 | +€25,830 | +168.9% |
| Income taxes | 67/77 | €3,059 | €8,499 | +€5,440 | +177.8% |
| Profit (loss) for the period | 9904 | €12,235 | €32,626 | +€20,391 | +166.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,235 | €32,626 | +€20,391 | +166.7% |
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 9 October 2026 via checked.be.