NNK: 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.
NNK
Largest movements
- Receivables within one year -€70,781
down €70,781 (-51.1%), from €138,606 to €67,825
of which Trade receivables: -€84,243
- Tangible fixed assets -€68,120
down €68,120 (-42.3%), from €160,921 to €92,801
of which Furniture and vehicles: -€62,279
- Cash -€25,624
down €25,624 (-42.4%), from €60,497 to €34,874
mainly Contributions, distributions and other (-€211,860) and Other debts (-€143,126)
- Other debts -€143,126
down €143,126 (-100.0%), from €143,126 to €0
- Profit (loss) carried forward -€17,690
down €17,690 (-71.4%), from €24,767 to €7,077
- Trade debts -€9,165
down €9,165 (-78.2%), from €11,716 to €2,551
- Tax, wage and social debts +€6,753
up €6,753 (+39.4%), from €17,131 to €23,884
- Other operating charges -€13,131
down €13,131 (-73.0%), from €17,999 to €4,868
- Taxes -€6,114
down €6,114 (-8.6%), from €70,874 to €64,760
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 | €363,544 | €200,318 | -€163,227 | -44.9% |
| Fixed assets | 21/28 | €160,921 | €92,801 | -€68,120 | -42.3% |
| Tangible fixed assets | 22/27 | €160,921 | €92,801 | -€68,120 | -42.3% |
| Furniture and vehicles | 24 | €125,806 | €63,527 | -€62,279 | -49.5% |
| Other tangible fixed assets | 26 | €35,114 | €29,274 | -€5,841 | -16.6% |
| Current assets | 29/58 | €202,624 | €107,517 | -€95,107 | -46.9% |
| Amounts receivable within one year | 40/41 | €138,606 | €67,825 | -€70,781 | -51.1% |
| Trade receivables | 40 | €134,243 | €50,000 | -€84,243 | -62.8% |
| Other amounts receivable | 41 | €4,363 | €17,825 | +€13,462 | +308.6% |
| Cash at bank and in hand | 54/58 | €60,497 | €34,874 | -€25,624 | -42.4% |
| Deferred charges and accrued income | 490/1 | €3,520 | €4,818 | +€1,298 | +36.9% |
| Total equity and liabilities | 10/49 | €363,544 | €200,318 | -€163,227 | -44.9% |
| Equity | 10/15 | €190,006 | €172,316 | -€17,690 | -9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,639 | €146,639 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €146,639 | €146,639 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,767 | €7,077 | -€17,690 | -71.4% |
| Amounts payable | 17/49 | €173,538 | €28,001 | -€145,537 | -83.9% |
| Amounts payable within one year | 42/48 | €171,973 | €26,434 | -€145,538 | -84.6% |
| Trade debts | 44 | €11,716 | €2,551 | -€9,165 | -78.2% |
| Suppliers | 440/4 | €11,716 | €2,551 | -€9,165 | -78.2% |
| Taxes, remuneration and social security | 45 | €17,131 | €23,884 | +€6,753 | +39.4% |
| Taxes | 450/3 | €17,131 | €23,884 | +€6,753 | +39.4% |
| Other amounts payable | 47/48 | €143,126 | €0 | -€143,126 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,566 | €1,567 | +€1 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,887 | €69,433 | +€2,545 | +3.8% |
| Other operating charges | 640/8 | €17,999 | €4,868 | -€13,131 | -73.0% |
| Gross operating margin | 9900 | €333,944 | €333,087 | -€857 | -0.3% |
| Operating profit (loss) | 9901 | €249,057 | €258,787 | +€9,729 | +3.9% |
| Financial income | 75/76B | €1,763 | €332 | -€1,432 | -81.2% |
| Recurring financial income | 75 | €1,763 | €332 | -€1,432 | -81.2% |
| Financial charges | 65/66B | €179 | €187 | +€8 | +4.6% |
| Recurring financial charges | 65 | €179 | €187 | +€8 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €250,641 | €258,931 | +€8,289 | +3.3% |
| Income taxes | 67/77 | €70,874 | €64,760 | -€6,114 | -8.6% |
| Profit (loss) for the period | 9904 | €179,767 | €194,170 | +€14,403 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €179,767 | €194,170 | +€14,403 | +8.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.