NP1: 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.
NP1
Largest movements
- Tangible fixed assets +€75,836
new in 2025: €75,836
- Cash +€38,246
up €38,246 (+68.2%), from €56,079 to €94,326
mainly Debts after one year (+€54,183) and Net result for the year (+€40,626)
- Receivables within one year +€10,813
new in 2025: €10,813
- Debts after one year +€54,183
new in 2025: €54,183
- Profit (loss) carried forward +€40,422
up €40,422 (+76.3%), from €53,007 to €93,429
- Current portion of long-term debt +€16,056
new in 2025: €16,056
- Trade debts +€14,502
up €14,502 (+517.2%), from €2,804 to €17,306
- Staff costs +€31,522
up €31,522 (+98.0%), from €32,151 to €63,673
- Gross operating margin +€28,789
up €28,789 (+34.2%), from €84,254 to €113,043
- Financial charges +€4,117
up €4,117 (+2222.6%), from €185 to €4,303
- Depreciation +€3,991
new in 2025: €3,991
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 | €58,079 | €182,975 | +€124,896 | +215.0% |
| Fixed assets | 21/28 | €2,000 | €77,836 | +€75,836 | +3791.8% |
| Tangible fixed assets | 22/27 | - | €75,836 | +€75,836 | |
| Furniture and vehicles | 24 | - | €75,836 | +€75,836 | |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €56,079 | €105,139 | +€49,060 | +87.5% |
| Amounts receivable within one year | 40/41 | - | €10,813 | +€10,813 | |
| Other amounts receivable | 41 | - | €10,813 | +€10,813 | |
| Cash at bank and in hand | 54/58 | €56,079 | €94,326 | +€38,246 | +68.2% |
| Total equity and liabilities | 10/49 | €58,079 | €182,975 | +€124,896 | +215.0% |
| Equity | 10/15 | €55,007 | €95,429 | +€40,422 | +73.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,007 | €93,429 | +€40,422 | +76.3% |
| Amounts payable | 17/49 | €3,072 | €87,546 | +€84,473 | +2749.4% |
| Amounts payable after more than one year | 17 | - | €54,183 | +€54,183 | |
| Financial debts | 170/4 | - | €54,183 | +€54,183 | |
| Amounts payable within one year | 42/48 | €3,072 | €33,362 | +€30,290 | +985.9% |
| Current portion of amounts payable after more than one year | 42 | - | €16,056 | +€16,056 | |
| Trade debts | 44 | €2,804 | €17,306 | +€14,502 | +517.2% |
| Suppliers | 440/4 | €2,804 | €17,306 | +€14,502 | +517.2% |
| Taxes, remuneration and social security | 45 | €269 | - | -€269 | |
| Taxes | 450/3 | €269 | - | -€269 | |
| Remuneration, social security and pensions | 62 | €32,151 | €63,673 | +€31,522 | +98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,991 | +€3,991 | |
| Other operating charges | 640/8 | €95 | €450 | +€355 | +372.1% |
| Gross operating margin | 9900 | €84,254 | €113,043 | +€28,789 | +34.2% |
| Operating profit (loss) | 9901 | €52,008 | €44,929 | -€7,079 | -13.6% |
| Financial charges | 65/66B | €185 | €4,303 | +€4,117 | +2222.6% |
| Recurring financial charges | 65 | €185 | €4,303 | +€4,117 | +2222.6% |
| Profit (loss) for the period before taxes | 9903 | €51,822 | €40,626 | -€11,196 | -21.6% |
| Profit (loss) for the period | 9904 | €51,822 | €40,626 | -€11,196 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,822 | €40,626 | -€11,196 | -21.6% |
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 3 October 2026 via checked.be.