NPC: 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.
NPC
Largest movements
- Receivables within one year -€35,353
down €35,353 (-97.4%), from €36,297 to €943
of which Other amounts receivable: -€35,464
- Financial fixed assets -€3,725
down €3,725 (-1.2%), from €303,725 to €300,000
- Tax, wage and social debts -€22,029
down €22,029 (-56.8%), from €38,802 to €16,774
of which Taxes: -€20,529
- Reserves -€20,328
down €20,328 (-33.8%), from €60,221 to €39,894
of which Distributable reserves: -€20,328
- Other debts -€10,345
down €10,345 (-11.9%), from €87,019 to €76,674
- Trade debts +€8,385
up €8,385 (+291.6%), from €2,875 to €11,260
- Gross operating margin -€19,804
down €19,804, from €5,683 to -€14,121
- Other operating charges -€1,226
down €1,226 (-49.6%), from €2,473 to €1,246
- Taxes -€898
down €898 (-77.3%), from €1,162 to €263
- Financial charges -€387
down €387 (-12.9%), from €3,012 to €2,625
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 | €351,619 | €308,992 | -€42,627 | -12.1% |
| Fixed assets | 21/28 | €307,570 | €303,472 | -€4,097 | -1.3% |
| Tangible fixed assets | 22/27 | €3,845 | €3,472 | -€372 | -9.7% |
| Plant, machinery and equipment | 23 | €1,228 | €819 | -€409 | -33.3% |
| Furniture and vehicles | 24 | €958 | €1,548 | +€590 | +61.6% |
| Other tangible fixed assets | 26 | €1,659 | €1,106 | -€553 | -33.3% |
| Financial fixed assets | 28 | €303,725 | €300,000 | -€3,725 | -1.2% |
| Current assets | 29/58 | €44,049 | €5,520 | -€38,529 | -87.5% |
| Amounts receivable within one year | 40/41 | €36,297 | €943 | -€35,353 | -97.4% |
| Trade receivables | 40 | - | €111 | +€111 | |
| Other amounts receivable | 41 | €36,297 | €832 | -€35,464 | -97.7% |
| Cash at bank and in hand | 54/58 | €4,766 | €1,473 | -€3,293 | -69.1% |
| Deferred charges and accrued income | 490/1 | €2,986 | €3,103 | +€117 | +3.9% |
| Total equity and liabilities | 10/49 | €351,619 | €308,992 | -€42,627 | -12.1% |
| Equity | 10/15 | €66,421 | €46,094 | -€20,328 | -30.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,221 | €39,894 | -€20,328 | -33.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,620 | €7,620 | = | 0.0% |
| Distributable reserves | 133 | €50,741 | €30,414 | -€20,328 | -40.1% |
| Amounts payable | 17/49 | €285,197 | €262,898 | -€22,299 | -7.8% |
| Amounts payable after more than one year | 17 | €120,000 | €120,000 | = | 0.0% |
| Financial debts | 170/4 | €120,000 | €120,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €163,697 | €138,686 | -€25,012 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €35,000 | €33,978 | -€1,022 | -2.9% |
| Trade debts | 44 | €2,875 | €11,260 | +€8,385 | +291.6% |
| Suppliers | 440/4 | €2,875 | €11,260 | +€8,385 | +291.6% |
| Taxes, remuneration and social security | 45 | €38,802 | €16,774 | -€22,029 | -56.8% |
| Taxes | 450/3 | €37,302 | €16,774 | -€20,529 | -55.0% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €87,019 | €76,674 | -€10,345 | -11.9% |
| Accrued charges and deferred income | 492/3 | €1,500 | €4,213 | +€2,713 | +180.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,962 | €2,072 | +€110 | +5.6% |
| Other operating charges | 640/8 | €2,473 | €1,246 | -€1,226 | -49.6% |
| Gross operating margin | 9900 | €5,683 | -€14,121 | -€19,804 | |
| Operating profit (loss) | 9901 | €1,248 | -€17,440 | -€18,688 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,012 | €2,625 | -€387 | -12.9% |
| Recurring financial charges | 65 | €3,012 | €2,625 | -€387 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,763 | -€20,064 | -€18,301 | -1037.8% |
| Income taxes | 67/77 | €1,162 | €263 | -€898 | -77.3% |
| Profit (loss) for the period | 9904 | -€2,925 | -€20,328 | -€17,402 | -594.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,925 | -€20,328 | -€17,402 | -594.9% |
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 29 September 2026 via checked.be.