NP DEVELOPMENT: 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.
NP DEVELOPMENT
Largest movements
- Financial fixed assets -€275,000
down €275,000 (-99.9%), from €275,363 to €363
- Receivables within one year +€226,882
up €226,882 (+1026.0%), from €22,113 to €248,995
of which Other amounts receivable: +€241,069
- Tangible fixed assets +€182,491
up €182,491 (+22236.6%), from €821 to €183,312
of which Land and buildings: +€182,971
- Debts after one year +€124,994
up €124,994 (+78.1%), from €160,085 to €285,079
- Other debts +€39,808
up €39,808 (+51.7%), from €76,946 to €116,754
- Profit (loss) carried forward -€28,608
down €28,608, from €21,959 to -€6,649
- Tax, wage and social debts -€11,049
down €11,049 (-84.3%), from €13,113 to €2,063
- Gross operating margin -€23,270
down €23,270 (-44.7%), from €52,085 to €28,815
- Depreciation +€20,255
up €20,255 (+4227.6%), from €479 to €20,734
- Taxes -€7,627
no longer reported in 2025 (was €7,627)
- Financial charges +€1,410
up €1,410 (+15.0%), from €9,378 to €10,788
- Other operating charges +€902
new in 2025: €902
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 | €306,476 | €437,985 | +€131,509 | +42.9% |
| Fixed assets | 21/28 | €276,184 | €183,675 | -€92,509 | -33.5% |
| Tangible fixed assets | 22/27 | €821 | €183,312 | +€182,491 | +22236.6% |
| Land and buildings | 22 | - | €182,971 | +€182,971 | |
| Furniture and vehicles | 24 | €821 | €342 | -€479 | -58.4% |
| Financial fixed assets | 28 | €275,363 | €363 | -€275,000 | -99.9% |
| Current assets | 29/58 | €30,292 | €254,310 | +€224,018 | +739.5% |
| Amounts receivable within one year | 40/41 | €22,113 | €248,995 | +€226,882 | +1026.0% |
| Trade receivables | 40 | €22,113 | €7,926 | -€14,187 | -64.2% |
| Other amounts receivable | 41 | - | €241,069 | +€241,069 | |
| Cash at bank and in hand | 54/58 | €8,179 | €5,316 | -€2,864 | -35.0% |
| Total equity and liabilities | 10/49 | €306,476 | €437,985 | +€131,509 | +42.9% |
| Equity | 10/15 | €22,959 | -€5,649 | -€28,608 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,959 | -€6,649 | -€28,608 | |
| Amounts payable | 17/49 | €283,516 | €443,634 | +€160,118 | +56.5% |
| Amounts payable after more than one year | 17 | €160,085 | €285,079 | +€124,994 | +78.1% |
| Financial debts | 170/4 | €160,085 | €285,079 | +€124,994 | +78.1% |
| Amounts payable within one year | 42/48 | €123,432 | €158,555 | +€35,124 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €31,027 | €34,436 | +€3,409 | +11.0% |
| Trade debts | 44 | €2,346 | €5,302 | +€2,956 | +126.0% |
| Suppliers | 440/4 | €2,346 | €5,302 | +€2,956 | +126.0% |
| Taxes, remuneration and social security | 45 | €13,113 | €2,063 | -€11,049 | -84.3% |
| Taxes | 450/3 | €13,113 | €2,063 | -€11,049 | -84.3% |
| Other amounts payable | 47/48 | €76,946 | €116,754 | +€39,808 | +51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €479 | €20,734 | +€20,255 | +4227.6% |
| Other operating charges | 640/8 | - | €902 | +€902 | |
| Non-recurring operating charges | 66A | - | €25,000 | +€25,000 | |
| Gross operating margin | 9900 | €52,085 | €28,815 | -€23,270 | -44.7% |
| Operating profit (loss) | 9901 | €51,606 | -€17,821 | -€69,426 | |
| Financial charges | 65/66B | €9,378 | €10,788 | +€1,410 | +15.0% |
| Recurring financial charges | 65 | €9,378 | €10,788 | +€1,410 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €42,228 | -€28,608 | -€70,836 | |
| Income taxes | 67/77 | €7,627 | - | -€7,627 | |
| Profit (loss) for the period | 9904 | €34,601 | -€28,608 | -€63,209 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,601 | -€28,608 | -€63,209 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.