NPELEC: 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.
NPELEC
Largest movements
- Receivables within one year -€14,160
down €14,160 (-45.7%), from €30,994 to €16,835
of which Other amounts receivable: -€7,402
- Tangible fixed assets -€1,760
down €1,760 (-83.0%), from €2,120 to €360
of which Furniture and vehicles: -€1,254
- Profit (loss) carried forward -€27,513
down €27,513, from €13,133 to -€14,380
- Trade debts +€8,937
new in 2024: €8,937
- Other debts +€2,083
up €2,083 (+16.2%), from €12,867 to €14,950
- Tax, wage and social debts +€383
up €383 (+5.5%), from €7,005 to €7,388
of which Taxes: +€383
- Write-downs +€22,588
new in 2024: €22,588
- Gross operating margin -€5,548
down €5,548, from €3,460 to -€2,088
- Other operating charges -€441
down €441 (-37.7%), from €1,168 to €727
- Depreciation -€246
down €246 (-12.3%), from €2,006 to €1,760
- Financial charges -€97
down €97 (-41.3%), from €236 to €138
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.
Derived cash bridge
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 | €33,305 | €17,195 | -€16,110 | -48.4% |
| Fixed assets | 21/28 | €2,120 | €360 | -€1,760 | -83.0% |
| Tangible fixed assets | 22/27 | €2,120 | €360 | -€1,760 | -83.0% |
| Plant, machinery and equipment | 23 | €867 | €360 | -€506 | -58.4% |
| Furniture and vehicles | 24 | €1,254 | - | -€1,254 | |
| Current assets | 29/58 | €31,185 | €16,835 | -€14,350 | -46.0% |
| Amounts receivable within one year | 40/41 | €30,994 | €16,835 | -€14,160 | -45.7% |
| Trade receivables | 40 | €22,263 | €15,505 | -€6,758 | -30.4% |
| Other amounts receivable | 41 | €8,731 | €1,329 | -€7,402 | -84.8% |
| Cash at bank and in hand | 54/58 | €191 | - | -€191 | |
| Total equity and liabilities | 10/49 | €33,305 | €17,195 | -€16,110 | -48.4% |
| Equity | 10/15 | €13,433 | -€14,080 | -€27,513 | |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,133 | -€14,380 | -€27,513 | |
| Amounts payable | 17/49 | €19,872 | €31,275 | +€11,403 | +57.4% |
| Amounts payable within one year | 42/48 | €19,872 | €31,275 | +€11,403 | +57.4% |
| Trade debts | 44 | - | €8,937 | +€8,937 | |
| Suppliers | 440/4 | - | €8,937 | +€8,937 | |
| Taxes, remuneration and social security | 45 | €7,005 | €7,388 | +€383 | +5.5% |
| Taxes | 450/3 | - | €383 | +€383 | |
| Remuneration and social security | 454/9 | €7,005 | €7,005 | = | 0.0% |
| Other amounts payable | 47/48 | €12,867 | €14,950 | +€2,083 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,006 | €1,760 | -€246 | -12.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €22,588 | +€22,588 | |
| Other operating charges | 640/8 | €1,168 | €727 | -€441 | -37.7% |
| Non-recurring operating charges | 66A | - | €213 | +€213 | |
| Gross operating margin | 9900 | €3,460 | -€2,088 | -€5,548 | |
| Operating profit (loss) | 9901 | €286 | -€27,376 | -€27,661 | |
| Financial income | 75/76B | €1 | €1 | +€1 | +73.9% |
| Recurring financial income | 75 | €1 | €1 | +€1 | +73.9% |
| Financial charges | 65/66B | €236 | €138 | -€97 | -41.3% |
| Recurring financial charges | 65 | €236 | €138 | -€97 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €51 | -€27,513 | -€27,564 | |
| Income taxes | 67/77 | €63 | - | -€63 | |
| Profit (loss) for the period | 9904 | -€13 | -€27,513 | -€27,500 | -218,603% |
| Profit (loss) for the period to be appropriated | 9905 | -€13 | -€27,513 | -€27,500 | -218,603% |
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 17 October 2026 via checked.be.