NP LOGCON: what changed
NP LOGCON
Largest movements
- Cash +€22,288
up €22,288 (+222%), from €10,026 to €32,314
mainly Receivables within one year (+€11,317) and Net result for the year (+€10,145)
- Receivables within one year -€11,317
down €11,317 (-42.4%), from €26,660 to €15,344
of which Trade receivables: -€11,317
- Tangible fixed assets -€3,922
down €3,922 (-23.3%), from €16,853 to €12,931
- Deferred charges and accrued income -€750
down €750 (-13.6%), from €5,529 to €4,780
- Reserves +€10,145
up €10,145 (+23.1%), from €43,975 to €54,120
- Tax, wage and social debts -€2,377
down €2,377 (-43.3%), from €5,490 to €3,113
of which Taxes: -€2,377
- Current portion of long-term debt -€1,242
down €1,242 (-21.3%), from €5,826 to €4,583
- Other debts -€689
down €689 (-42.6%), from €1,618 to €928
- Gross operating margin +€4,227
up €4,227 (+24.5%), from €17,270 to €21,497
- Taxes +€947
up €947 (+18.8%), from €5,029 to €5,976
- Depreciation +€311
up €311 (+8.6%), from €3,611 to €3,922
- Financial charges -€307
down €307 (-48.4%), from €634 to €327
- Other operating charges +€286
up €286 (+33.3%), from €860 to €1,146
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,068 | €65,368 | +€6,300 | +10.7% |
| Fixed assets | 21/28 | €16,853 | €12,931 | -€3,922 | -23.3% |
| Tangible fixed assets | 22/27 | €16,853 | €12,931 | -€3,922 | -23.3% |
| Furniture and vehicles | 24 | €16,853 | €12,931 | -€3,922 | -23.3% |
| Current assets | 29/58 | €42,215 | €52,437 | +€10,222 | +24.2% |
| Amounts receivable within one year | 40/41 | €26,660 | €15,344 | -€11,317 | -42.4% |
| Trade receivables | 40 | €26,660 | €15,344 | -€11,317 | -42.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,026 | €32,314 | +€22,288 | +222% |
| Deferred charges and accrued income | 490/1 | €5,529 | €4,780 | -€750 | -13.6% |
| Total equity and liabilities | 10/49 | €59,068 | €65,368 | +€6,300 | +10.7% |
| Equity | 10/15 | €43,975 | €54,120 | +€10,145 | +23.1% |
| Reserves | 13 | €43,975 | €54,120 | +€10,145 | +23.1% |
| Distributable reserves | 133 | €43,975 | €54,120 | +€10,145 | +23.1% |
| Amounts payable | 17/49 | €15,093 | €11,248 | -€3,845 | -25.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €15,093 | €11,248 | -€3,845 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €5,826 | €4,583 | -€1,242 | -21.3% |
| Trade debts | 44 | €2,160 | €2,624 | +€464 | +21.5% |
| Suppliers | 440/4 | €2,160 | €2,624 | +€464 | +21.5% |
| Taxes, remuneration and social security | 45 | €5,490 | €3,113 | -€2,377 | -43.3% |
| Taxes | 450/3 | €5,490 | €3,113 | -€2,377 | -43.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,618 | €928 | -€689 | -42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,611 | €3,922 | +€311 | +8.6% |
| Other operating charges | 640/8 | €860 | €1,146 | +€286 | +33.3% |
| Gross operating margin | 9900 | €17,270 | €21,497 | +€4,227 | +24.5% |
| Operating profit (loss) | 9901 | €12,799 | €16,430 | +€3,631 | +28.4% |
| Financial income | 75/76B | €40 | €17 | -€23 | -57.6% |
| Recurring financial income | 75 | €40 | €17 | -€23 | -57.6% |
| Financial charges | 65/66B | €634 | €327 | -€307 | -48.4% |
| Recurring financial charges | 65 | €634 | €327 | -€307 | -48.4% |
| Profit (loss) for the period before taxes | 9903 | €12,206 | €16,120 | +€3,914 | +32.1% |
| Income taxes | 67/77 | €5,029 | €5,976 | +€947 | +18.8% |
| Profit (loss) for the period | 9904 | €7,177 | €10,145 | +€2,968 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,177 | €10,145 | +€2,968 | +41.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.