NNL SERVICE: 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.
NNL SERVICE
Largest movements
- Cash +€26,557
up €26,557 (+15.4%), from €172,604 to €199,161
mainly Net result for the year (+€38,301) and Receivables within one year (+€11,175)
- Receivables within one year -€11,175
down €11,175 (-44.5%), from €25,125 to €13,950
of which Trade receivables: -€11,528
- Tangible fixed assets -€7,608
down €7,608 (-40.6%), from €18,726 to €11,118
- Reserves +€37,468
up €37,468 (+30.0%), from €124,732 to €162,200
- Contributions -€15,000
down €15,000 (-25.0%), from €60,000 to €45,000
- Tax, wage and social debts -€8,802
down €8,802 (-43.6%), from €20,166 to €11,364
of which Taxes: -€6,145
- Current portion of long-term debt -€4,562
no longer reported in 2025 (was €4,562)
- Trade debts -€2,431
down €2,431 (-90.8%), from €2,677 to €246
- Financial income -€100,000
no longer reported in 2025 (was €100,000)
- Gross operating margin +€24,622
up €24,622 (+61.1%), from €40,302 to €64,924
- Taxes -€3,142
down €3,142 (-17.8%), from €17,669 to €14,527
- Other operating charges +€1,460
up €1,460 (+492%), from €297 to €1,756
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 | €218,023 | €224,229 | +€6,206 | +2.8% |
| Fixed assets | 21/28 | €18,726 | €11,118 | -€7,608 | -40.6% |
| Tangible fixed assets | 22/27 | €18,726 | €11,118 | -€7,608 | -40.6% |
| Furniture and vehicles | 24 | €18,726 | €11,118 | -€7,608 | -40.6% |
| Current assets | 29/58 | €199,297 | €213,111 | +€13,814 | +6.9% |
| Amounts receivable within one year | 40/41 | €25,125 | €13,950 | -€11,175 | -44.5% |
| Trade receivables | 40 | €25,004 | €13,476 | -€11,528 | -46.1% |
| Other amounts receivable | 41 | €121 | €473 | +€353 | +292% |
| Cash at bank and in hand | 54/58 | €172,604 | €199,161 | +€26,557 | +15.4% |
| Deferred charges and accrued income | 490/1 | €1,568 | - | -€1,568 | |
| Total equity and liabilities | 10/49 | €218,023 | €224,229 | +€6,206 | +2.8% |
| Equity | 10/15 | €184,732 | €207,200 | +€22,468 | +12.2% |
| Contributions | 10/11 | €60,000 | €45,000 | -€15,000 | -25.0% |
| Reserves | 13 | €124,732 | €162,200 | +€37,468 | +30.0% |
| Distributable reserves | 133 | €124,732 | €162,200 | +€37,468 | +30.0% |
| Amounts payable | 17/49 | €33,290 | €17,028 | -€16,262 | -48.8% |
| Amounts payable within one year | 42/48 | €33,290 | €17,028 | -€16,262 | -48.8% |
| Current portion of amounts payable after more than one year | 42 | €4,562 | - | -€4,562 | |
| Trade debts | 44 | €2,677 | €246 | -€2,431 | -90.8% |
| Suppliers | 440/4 | €2,677 | €246 | -€2,431 | -90.8% |
| Taxes, remuneration and social security | 45 | €20,166 | €11,364 | -€8,802 | -43.6% |
| Taxes | 450/3 | €17,509 | €11,364 | -€6,145 | -35.1% |
| Remuneration and social security | 454/9 | €2,657 | - | -€2,657 | |
| Other amounts payable | 47/48 | €5,886 | €5,419 | -€468 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,061 | €9,616 | +€555 | +6.1% |
| Other operating charges | 640/8 | €297 | €1,756 | +€1,460 | +492% |
| Gross operating margin | 9900 | €40,302 | €64,924 | +€24,622 | +61.1% |
| Operating profit (loss) | 9901 | €30,944 | €53,551 | +€22,607 | +73.1% |
| Financial income | 75/76B | €100,000 | - | -€100,000 | |
| Recurring financial income | 75 | €100,000 | - | -€100,000 | |
| Financial charges | 65/66B | €399 | €724 | +€325 | +81.4% |
| Recurring financial charges | 65 | €399 | €724 | +€325 | +81.4% |
| Profit (loss) for the period before taxes | 9903 | €130,545 | €52,828 | -€77,717 | -59.5% |
| Income taxes | 67/77 | €17,669 | €14,527 | -€3,142 | -17.8% |
| Profit (loss) for the period | 9904 | €112,876 | €38,301 | -€74,575 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €112,876 | €38,301 | -€74,575 | -66.1% |
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 22 October 2026 via checked.be.