NNP: 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.
NNP
Largest movements
- Intangible fixed assets -€22,032
no longer reported in 2025 (was €22,032)
- Tangible fixed assets +€13,001
up €13,001 (+21.4%), from €60,789 to €73,790
of which Other tangible fixed assets: +€13,451
- Receivables within one year +€7,914
up €7,914 (+26.7%), from €29,604 to €37,518
of which Other amounts receivable: +€12,450
- Cash +€1,762
up €1,762 (+16.8%), from €10,473 to €12,235
mainly Tax, wage and social debts (+€28,529) and Net result for the year (+€26,901)
- Tax, wage and social debts +€28,529
up €28,529 (+1001.0%), from €2,850 to €31,379
- Accrued charges and deferred income -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Profit (loss) carried forward +€22,973
up €22,973, from -€22,973 to €0
- Debts after one year -€21,977
down €21,977 (-61.0%), from €36,055 to €14,077
- Current portion of long-term debt -€5,602
down €5,602 (-20.3%), from €27,579 to €21,977
- Gross operating margin -€24,041
down €24,041 (-27.4%), from €87,887 to €63,846
- Depreciation -€19,224
down €19,224 (-50.6%), from €37,968 to €18,744
- Taxes -€13,702
down €13,702 (-48.6%), from €28,166 to €14,463
- Staff costs -€6,543
down €6,543 (-100.0%), from €6,543 to €0
- Financial income +€1,509
up €1,509 (+5569.8%), from €27 to €1,536
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 | €124,759 | €126,188 | +€1,429 | +1.1% |
| Fixed assets | 21/28 | €82,821 | €73,790 | -€9,031 | -10.9% |
| Intangible fixed assets | 21 | €22,032 | - | -€22,032 | |
| Tangible fixed assets | 22/27 | €60,789 | €73,790 | +€13,001 | +21.4% |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | €1,149 | €0 | -€1,149 | -100.0% |
| Furniture and vehicles | 24 | €55,454 | €56,153 | +€699 | +1.3% |
| Other tangible fixed assets | 26 | €4,187 | €17,638 | +€13,451 | +321.3% |
| Current assets | 29/58 | €41,937 | €52,398 | +€10,460 | +24.9% |
| Amounts receivable within one year | 40/41 | €29,604 | €37,518 | +€7,914 | +26.7% |
| Trade receivables | 40 | €4,536 | €0 | -€4,536 | -100.0% |
| Other amounts receivable | 41 | €25,069 | €37,518 | +€12,450 | +49.7% |
| Cash at bank and in hand | 54/58 | €10,473 | €12,235 | +€1,762 | +16.8% |
| Deferred charges and accrued income | 490/1 | €1,860 | €2,644 | +€784 | +42.2% |
| Total equity and liabilities | 10/49 | €124,759 | €126,188 | +€1,429 | +1.1% |
| Equity | 10/15 | €29,376 | €56,277 | +€26,901 | +91.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €33,757 | €37,685 | +€3,928 | +11.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €31,898 | €35,826 | +€3,928 | +12.3% |
| Profit (loss) carried forward | 14 | -€22,973 | €0 | +€22,973 | |
| Amounts payable | 17/49 | €95,382 | €69,911 | -€25,472 | -26.7% |
| Amounts payable after more than one year | 17 | €36,055 | €14,077 | -€21,977 | -61.0% |
| Financial debts | 170/4 | €36,055 | €14,077 | -€21,977 | -61.0% |
| Amounts payable within one year | 42/48 | €34,328 | €55,833 | +€21,506 | +62.6% |
| Current portion of amounts payable after more than one year | 42 | €27,579 | €21,977 | -€5,602 | -20.3% |
| Trade debts | 44 | €3,899 | €2,477 | -€1,421 | -36.5% |
| Suppliers | 440/4 | €3,899 | €2,477 | -€1,421 | -36.5% |
| Taxes, remuneration and social security | 45 | €2,850 | €31,379 | +€28,529 | +1001.0% |
| Taxes | 450/3 | €2,850 | €31,379 | +€28,529 | +1001.0% |
| Accrued charges and deferred income | 492/3 | €25,000 | €0 | -€25,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €6,543 | €0 | -€6,543 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,968 | €18,744 | -€19,224 | -50.6% |
| Other operating charges | 640/8 | €1,969 | €2,270 | +€301 | +15.3% |
| Gross operating margin | 9900 | €87,887 | €63,846 | -€24,041 | -27.4% |
| Operating profit (loss) | 9901 | €41,408 | €42,832 | +€1,424 | +3.4% |
| Financial income | 75/76B | €27 | €1,536 | +€1,509 | +5569.8% |
| Recurring financial income | 75 | €27 | €1,536 | +€1,509 | +5569.8% |
| Financial charges | 65/66B | €3,601 | €3,004 | -€597 | -16.6% |
| Recurring financial charges | 65 | €3,601 | €3,004 | -€597 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €37,834 | €41,364 | +€3,530 | +9.3% |
| Income taxes | 67/77 | €28,166 | €14,463 | -€13,702 | -48.6% |
| Profit (loss) for the period | 9904 | €9,668 | €26,901 | +€17,232 | +178.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,668 | €26,901 | +€17,232 | +178.2% |
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 4 October 2026 via checked.be.