NP CONCEPT: 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 CONCEPT
Largest movements
- Receivables within one year -€17,029
down €17,029 (-5.2%), from €328,882 to €311,853
of which Trade receivables: -€48,710
- Tangible fixed assets -€9,841
down €9,841 (-2.6%), from €381,450 to €371,609
of which Land and buildings: -€6,546
- Debts after one year -€44,083
down €44,083 (-8.4%), from €527,868 to €483,786
of which Financial debts: -€44,083
- Trade debts +€26,333
up €26,333 (+137.8%), from €19,104 to €45,438
- Profit (loss) carried forward -€10,584
down €10,584 (-16.7%), from -€63,268 to -€73,852
- Gross operating margin -€117,302
down €117,302 (-45.6%), from €256,965 to €139,663
- Staff costs -€79,307
down €79,307 (-43.7%), from €181,314 to €102,007
- Depreciation -€6,545
down €6,545 (-19.1%), from €34,321 to €27,777
- Financial income -€2,603
no longer reported in 2024 (was €2,603)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €729,884 | €697,046 | -€32,837 | -4.5% |
| Formation expenses | 20 | €358 | €248 | -€110 | -30.8% |
| Fixed assets | 21/28 | €385,139 | €373,072 | -€12,066 | -3.1% |
| Intangible fixed assets | 21 | €3,688 | €1,464 | -€2,225 | -60.3% |
| Tangible fixed assets | 22/27 | €381,450 | €371,609 | -€9,841 | -2.6% |
| Land and buildings | 22 | €374,892 | €368,347 | -€6,546 | -1.7% |
| Plant, machinery and equipment | 23 | €4,874 | €2,235 | -€2,638 | -54.1% |
| Furniture and vehicles | 24 | €1,684 | €1,027 | -€657 | -39.0% |
| Current assets | 29/58 | €344,386 | €323,726 | -€20,661 | -6.0% |
| Stocks and contracts in progress | 3 | €13,598 | €9,940 | -€3,658 | -26.9% |
| Stocks | 30/36 | €13,598 | €9,940 | -€3,658 | -26.9% |
| Amounts receivable within one year | 40/41 | €328,882 | €311,853 | -€17,029 | -5.2% |
| Trade receivables | 40 | €260,187 | €211,477 | -€48,710 | -18.7% |
| Other amounts receivable | 41 | €68,695 | €100,376 | +€31,681 | +46.1% |
| Cash at bank and in hand | 54/58 | €1,692 | €1,692 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €215 | €241 | +€26 | +12.1% |
| Total equity and liabilities | 10/49 | €729,884 | €697,046 | -€32,837 | -4.5% |
| Equity | 10/15 | €90,327 | €79,743 | -€10,584 | -11.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €134,995 | €134,995 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,305 | €1,305 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,305 | €1,305 | = | 0.0% |
| Distributable reserves | 133 | €133,690 | €133,690 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,268 | -€73,852 | -€10,584 | -16.7% |
| Amounts payable | 17/49 | €639,557 | €617,303 | -€22,254 | -3.5% |
| Amounts payable after more than one year | 17 | €527,868 | €483,786 | -€44,083 | -8.4% |
| Financial debts | 170/4 | €525,368 | €481,286 | -€44,083 | -8.4% |
| Other amounts payable | 178/9 | €2,500 | €2,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €111,304 | €133,133 | +€21,829 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €27,085 | €24,583 | -€2,502 | -9.2% |
| Financial debts | 43 | €25,869 | €23,924 | -€1,945 | -7.5% |
| Credit institutions | 430/8 | €25,869 | €23,924 | -€1,945 | -7.5% |
| Trade debts | 44 | €19,104 | €45,438 | +€26,333 | +137.8% |
| Suppliers | 440/4 | €19,104 | €45,438 | +€26,333 | +137.8% |
| Taxes, remuneration and social security | 45 | €16,495 | €20,428 | +€3,933 | +23.8% |
| Taxes | 450/3 | €4,336 | €8,929 | +€4,592 | +105.9% |
| Remuneration and social security | 454/9 | €12,158 | €11,499 | -€659 | -5.4% |
| Other amounts payable | 47/48 | €22,752 | €18,761 | -€3,991 | -17.5% |
| Accrued charges and deferred income | 492/3 | €384 | €384 | = | 0.0% |
| Non-recurring operating income | 76A | €50 | €73 | +€23 | +45.6% |
| Remuneration, social security and pensions | 62 | €181,314 | €102,007 | -€79,307 | -43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,321 | €27,777 | -€6,545 | -19.1% |
| Other operating charges | 640/8 | €5,188 | €3,732 | -€1,456 | -28.1% |
| Non-recurring operating charges | 66A | €0 | -€58 | -€58 | |
| Gross operating margin | 9900 | €256,965 | €139,663 | -€117,302 | -45.6% |
| Operating profit (loss) | 9901 | €36,142 | €6,206 | -€29,937 | -82.8% |
| Financial income | 75/76B | €2,603 | - | -€2,603 | |
| Recurring financial income | 75 | €2,603 | - | -€2,603 | |
| Financial charges | 65/66B | €15,031 | €16,789 | +€1,758 | +11.7% |
| Recurring financial charges | 65 | €15,031 | €16,789 | +€1,758 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €23,714 | -€10,584 | -€34,297 | |
| Profit (loss) for the period | 9904 | €23,714 | -€10,584 | -€34,297 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,714 | -€10,584 | -€34,297 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.