NR CONSEILS: 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.
NR CONSEILS
Largest movements
- Cash +€50,665
up €50,665 (+110%), from €46,211 to €96,876
mainly Other debts (+€45,770) and Current investments (+€39,555)
- Current investments -€39,555
down €39,555 (-46.6%), from €84,868 to €45,313
- Tangible fixed assets -€8,413
down €8,413 (-34.4%), from €24,442 to €16,028
of which Leasing and similar rights: -€7,727
- Receivables after one year -€7,140
down €7,140 (-22.2%), from €32,150 to €25,010
- Other debts +€45,770
up €45,770 (+187%), from €24,493 to €70,262
- Reserves -€24,700
down €24,700 (-20.6%), from €120,000 to €95,300
- Profit (loss) carried forward -€20,000
down €20,000 (-100%), from €20,000 to €0
- Debts after one year -€8,004
down €8,004 (-51.4%), from €15,582 to €7,577
- Gross operating margin +€26,616
up €26,616 (+163%), from €16,300 to €42,916
- Taxes +€5,194
up €5,194 (+238%), from €2,181 to €7,374
- Financial income -€649
down €649 (-35.2%), from €1,845 to €1,196
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.
Derived cash bridge
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 | €212,689 | €206,454 | -€6,235 | -2.9% |
| Fixed assets | 21/28 | €24,442 | €16,028 | -€8,413 | -34.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €24,442 | €16,028 | -€8,413 | -34.4% |
| Furniture and vehicles | 24 | €1,347 | €660 | -€687 | -51.0% |
| Leasing and similar rights | 25 | €23,095 | €15,368 | -€7,727 | -33.5% |
| Current assets | 29/58 | €188,247 | €190,425 | +€2,178 | +1.2% |
| Amounts receivable after more than one year | 29 | €32,150 | €25,010 | -€7,140 | -22.2% |
| Trade receivables | 290 | €32,150 | €25,010 | -€7,140 | -22.2% |
| Amounts receivable within one year | 40/41 | €7,513 | €7,624 | +€112 | +1.5% |
| Trade receivables | 40 | €7,140 | €7,140 | = | 0.0% |
| Other amounts receivable | 41 | €373 | €484 | +€112 | +30.0% |
| Current investments | 50/53 | €84,868 | €45,313 | -€39,555 | -46.6% |
| Cash at bank and in hand | 54/58 | €46,211 | €96,876 | +€50,665 | +110% |
| Deferred charges and accrued income | 490/1 | €17,505 | €15,601 | -€1,903 | -10.9% |
| Total equity and liabilities | 10/49 | €212,689 | €206,454 | -€6,235 | -2.9% |
| Equity | 10/15 | €158,600 | €113,900 | -€44,700 | -28.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €120,000 | €95,300 | -€24,700 | -20.6% |
| Distributable reserves | 133 | €120,000 | €95,300 | -€24,700 | -20.6% |
| Profit (loss) carried forward | 14 | €20,000 | €0 | -€20,000 | -100% |
| Amounts payable | 17/49 | €54,089 | €92,554 | +€38,465 | +71.1% |
| Amounts payable after more than one year | 17 | €15,582 | €7,577 | -€8,004 | -51.4% |
| Financial debts | 170/4 | €15,582 | €7,577 | -€8,004 | -51.4% |
| Amounts payable within one year | 42/48 | €38,084 | €84,528 | +€46,444 | +122% |
| Current portion of amounts payable after more than one year | 42 | €7,739 | €8,004 | +€265 | +3.4% |
| Trade debts | 44 | €209 | €469 | +€260 | +125% |
| Suppliers | 440/4 | €209 | €469 | +€260 | +125% |
| Taxes, remuneration and social security | 45 | €5,643 | €5,793 | +€149 | +2.6% |
| Taxes | 450/3 | €5,643 | €5,793 | +€149 | +2.6% |
| Other amounts payable | 47/48 | €24,493 | €70,262 | +€45,770 | +187% |
| Accrued charges and deferred income | 492/3 | €423 | €448 | +€25 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,234 | €8,413 | +€180 | +2.2% |
| Other operating charges | 640/8 | €1,614 | €1,638 | +€23 | +1.5% |
| Gross operating margin | 9900 | €16,300 | €42,916 | +€26,616 | +163% |
| Operating profit (loss) | 9901 | €6,452 | €32,865 | +€26,413 | +409% |
| Financial income | 75/76B | €1,845 | €1,196 | -€649 | -35.2% |
| Recurring financial income | 75 | €1,845 | €1,196 | -€649 | -35.2% |
| Financial charges | 65/66B | €1,439 | €1,124 | -€315 | -21.9% |
| Recurring financial charges | 65 | €1,439 | €1,124 | -€315 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €6,858 | €32,937 | +€26,079 | +380% |
| Income taxes | 67/77 | €2,181 | €7,374 | +€5,194 | +238% |
| Profit (loss) for the period | 9904 | €4,677 | €25,562 | +€20,885 | +447% |
| Profit (loss) for the period to be appropriated | 9905 | €4,677 | €25,562 | +€20,885 | +447% |
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 15 October 2026 via checked.be.