NP-CON: 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.
NP-CON
Largest movements
- Cash +€1.1m
up €1.1m (+15,579%), from €6,824 to €1.1m
mainly Net result for the year (+€1.0m) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-40.0%), from €250,000 to €150,000
- Tangible fixed assets +€18,731
up €18,731 (+116%), from €16,121 to €34,852
of which Furniture and vehicles: +€19,408
- Reserves +€955,234
up €955,234 (+265%), from €360,971 to €1.3m
- Other debts +€13,985
up €13,985 (+839%), from €1,666 to €15,651
- Financial income +€1.0m
up €1.0m (+14,842%), from €7,024 to €1.0m
of which Non-recurring financial income: +€747,800
- Gross operating margin -€117,001
down €117,001, from €108,940 to -€8,061
- Taxes -€26,894
down €26,894 (-77.4%), from €34,737 to €7,843
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 | €389,148 | €1,362,221 | +€973,073 | +250% |
| Fixed assets | 21/28 | €25,321 | €34,852 | +€9,531 | +37.6% |
| Tangible fixed assets | 22/27 | €16,121 | €34,852 | +€18,731 | +116% |
| Furniture and vehicles | 24 | €9,500 | €28,908 | +€19,408 | +204% |
| Other tangible fixed assets | 26 | €6,620 | €5,944 | -€676 | -10.2% |
| Financial fixed assets | 28 | €9,200 | - | -€9,200 | |
| Current assets | 29/58 | €363,827 | €1,327,369 | +€963,542 | +265% |
| Amounts receivable within one year | 40/41 | €102,227 | €104,993 | +€2,766 | +2.7% |
| Trade receivables | 40 | €13,856 | €3,539 | -€10,316 | -74.5% |
| Other amounts receivable | 41 | €88,371 | €101,453 | +€13,082 | +14.8% |
| Current investments | 50/53 | €250,000 | €150,000 | -€100,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €6,824 | €1,069,900 | +€1.1m | +15,579% |
| Deferred charges and accrued income | 490/1 | €4,777 | €2,477 | -€2,300 | -48.1% |
| Total equity and liabilities | 10/49 | €389,148 | €1,362,221 | +€973,073 | +250% |
| Equity | 10/15 | €379,571 | €1,334,804 | +€955,234 | +252% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €360,971 | €1,316,204 | +€955,234 | +265% |
| Distributable reserves | 133 | €360,971 | €1,316,204 | +€955,234 | +265% |
| Amounts payable | 17/49 | €9,577 | €27,417 | +€17,839 | +186% |
| Amounts payable within one year | 42/48 | €9,225 | €26,862 | +€17,637 | +191% |
| Trade debts | 44 | €2,801 | €7,775 | +€4,974 | +178% |
| Suppliers | 440/4 | €2,801 | €7,775 | +€4,974 | +178% |
| Taxes, remuneration and social security | 45 | €4,758 | €3,436 | -€1,322 | -27.8% |
| Taxes | 450/3 | €4,758 | €3,436 | -€1,322 | -27.8% |
| Other amounts payable | 47/48 | €1,666 | €15,651 | +€13,985 | +839% |
| Accrued charges and deferred income | 492/3 | €352 | €555 | +€203 | +57.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,818 | €6,259 | -€559 | -8.2% |
| Other operating charges | 640/8 | €2,592 | €2,895 | +€303 | +11.7% |
| Gross operating margin | 9900 | €108,940 | -€8,061 | -€117,001 | |
| Operating profit (loss) | 9901 | €99,530 | -€17,214 | -€116,745 | |
| Financial income | 75/76B | €7,024 | €1,049,432 | +€1.0m | +14,842% |
| Recurring financial income | 75 | €7,024 | €301,632 | +€294,608 | +4,195% |
| Non-recurring financial income | 76B | - | €747,800 | +€747,800 | |
| Financial charges | 65/66B | €1,155 | €890 | -€265 | -22.9% |
| Recurring financial charges | 65 | €1,155 | €890 | -€265 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €105,398 | €1,031,327 | +€925,929 | +879% |
| Income taxes | 67/77 | €34,737 | €7,843 | -€26,894 | -77.4% |
| Profit (loss) for the period | 9904 | €70,661 | €1,023,484 | +€952,822 | +1,348% |
| Profit (loss) for the period to be appropriated | 9905 | €70,661 | €1,023,484 | +€952,822 | +1,348% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.