NPS: 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.
NPS
Largest movements
- Cash +€38,441
up €38,441 (+33.4%), from €115,195 to €153,636
mainly Net result for the year (+€39,228) and Depreciation (+€13,439)
- Receivables within one year +€5,701
up €5,701 (+52.7%), from €10,828 to €16,529
- Tangible fixed assets -€3,232
down €3,232 (-13.2%), from €24,425 to €21,193
of which Furniture and vehicles: -€9,955
- Deferred charges and accrued income -€2,581
down €2,581 (-97.7%), from €2,642 to €61
- Reserves +€39,228
up €39,228 (+60.1%), from €65,274 to €104,502
- Trade debts -€13,730
down €13,730 (-84.1%), from €16,323 to €2,593
- Tax, wage and social debts +€10,808
up €10,808 (+43.8%), from €24,657 to €35,465
- Other debts +€2,023
up €2,023 (+4.8%), from €41,836 to €43,859
- Gross operating margin +€8,437
up €8,437 (+14.6%), from €57,808 to €66,246
- Taxes -€1,395
down €1,395 (-11.9%), from €11,706 to €10,311
- Financial charges -€1,237
down €1,237 (-28.6%), from €4,331 to €3,094
- Depreciation +€1,206
up €1,206 (+9.9%), from €12,233 to €13,439
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 | €153,090 | €191,419 | +€38,329 | +25.0% |
| Fixed assets | 21/28 | €24,425 | €21,193 | -€3,232 | -13.2% |
| Tangible fixed assets | 22/27 | €24,425 | €21,193 | -€3,232 | -13.2% |
| Plant, machinery and equipment | 23 | €1,535 | €8,258 | +€6,723 | +438.1% |
| Furniture and vehicles | 24 | €22,890 | €12,935 | -€9,955 | -43.5% |
| Current assets | 29/58 | €128,665 | €170,226 | +€41,561 | +32.3% |
| Amounts receivable within one year | 40/41 | €10,828 | €16,529 | +€5,701 | +52.7% |
| Trade receivables | 40 | €10,828 | €16,529 | +€5,701 | +52.7% |
| Cash at bank and in hand | 54/58 | €115,195 | €153,636 | +€38,441 | +33.4% |
| Deferred charges and accrued income | 490/1 | €2,642 | €61 | -€2,581 | -97.7% |
| Total equity and liabilities | 10/49 | €153,090 | €191,419 | +€38,329 | +25.0% |
| Equity | 10/15 | €70,274 | €109,502 | +€39,228 | +55.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €65,274 | €104,502 | +€39,228 | +60.1% |
| Distributable reserves | 133 | €65,274 | €104,502 | +€39,228 | +60.1% |
| Amounts payable | 17/49 | €82,816 | €81,918 | -€899 | -1.1% |
| Amounts payable within one year | 42/48 | €82,816 | €81,918 | -€899 | -1.1% |
| Trade debts | 44 | €16,323 | €2,593 | -€13,730 | -84.1% |
| Suppliers | 440/4 | €16,323 | €2,593 | -€13,730 | -84.1% |
| Taxes, remuneration and social security | 45 | €24,657 | €35,465 | +€10,808 | +43.8% |
| Taxes | 450/3 | €24,657 | €35,465 | +€10,808 | +43.8% |
| Other amounts payable | 47/48 | €41,836 | €43,859 | +€2,023 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,233 | €13,439 | +€1,206 | +9.9% |
| Other operating charges | 640/8 | €127 | €182 | +€55 | +43.5% |
| Gross operating margin | 9900 | €57,808 | €66,246 | +€8,437 | +14.6% |
| Operating profit (loss) | 9901 | €45,448 | €52,624 | +€7,176 | +15.8% |
| Financial income | 75/76B | €0 | €9 | +€9 | +85900.0% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +85900.0% |
| Financial charges | 65/66B | €4,331 | €3,094 | -€1,237 | -28.6% |
| Recurring financial charges | 65 | €4,331 | €3,094 | -€1,237 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €41,117 | €49,539 | +€8,422 | +20.5% |
| Income taxes | 67/77 | €11,706 | €10,311 | -€1,395 | -11.9% |
| Profit (loss) for the period | 9904 | €29,411 | €39,228 | +€9,817 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,411 | €39,228 | +€9,817 | +33.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.