NR-Line: 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.
NR-Line
Largest movements
- Receivables within one year +€11,548
up €11,548 (+41.0%), from €28,136 to €39,684
of which Other amounts receivable: +€9,841
- Tangible fixed assets -€8,110
down €8,110 (-27.5%), from €29,503 to €21,393
of which Furniture and vehicles: -€4,470
- Cash +€5,320
up €5,320 (+28.2%), from €18,896 to €24,217
mainly Net result for the year (+€18,606) and Depreciation (+€4,684)
- Stocks and contracts +€2,291
up €2,291 (+148.0%), from €1,548 to €3,838
- Reserves +€18,606
up €18,606 (+60.0%), from €31,032 to €49,638
- Debts after one year -€8,357
down €8,357 (-33.1%), from €25,230 to €16,873
- Tax, wage and social debts +€4,476
up €4,476 (+83.2%), from €5,382 to €9,858
- Current portion of long-term debt -€946
down €946 (-10.2%), from €9,303 to €8,357
- Taxes +€3,846
up €3,846 (+71.5%), from €5,382 to €9,228
- Gross operating margin +€3,145
up €3,145 (+9.0%), from €34,997 to €38,142
- Financial charges +€1,186
up €1,186 (+28.5%), from €4,169 to €5,355
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 | €78,217 | €90,242 | +€12,025 | +15.4% |
| Fixed assets | 21/28 | €29,503 | €21,776 | -€7,727 | -26.2% |
| Tangible fixed assets | 22/27 | €29,503 | €21,393 | -€8,110 | -27.5% |
| Plant, machinery and equipment | 23 | €22,071 | €18,430 | -€3,641 | -16.5% |
| Furniture and vehicles | 24 | €7,432 | €2,963 | -€4,470 | -60.1% |
| Financial fixed assets | 28 | - | €383 | +€383 | |
| Current assets | 29/58 | €48,713 | €68,466 | +€19,752 | +40.5% |
| Stocks and contracts in progress | 3 | €1,548 | €3,838 | +€2,291 | +148.0% |
| Stocks | 30/36 | €1,548 | €3,838 | +€2,291 | +148.0% |
| Amounts receivable within one year | 40/41 | €28,136 | €39,684 | +€11,548 | +41.0% |
| Trade receivables | 40 | €19,199 | €20,906 | +€1,707 | +8.9% |
| Other amounts receivable | 41 | €8,937 | €18,778 | +€9,841 | +110.1% |
| Cash at bank and in hand | 54/58 | €18,896 | €24,217 | +€5,320 | +28.2% |
| Deferred charges and accrued income | 490/1 | €133 | €727 | +€593 | +444.7% |
| Total equity and liabilities | 10/49 | €78,217 | €90,242 | +€12,025 | +15.4% |
| Equity | 10/15 | €34,032 | €52,638 | +€18,606 | +54.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €31,032 | €49,638 | +€18,606 | +60.0% |
| Distributable reserves | 133 | €31,032 | €49,638 | +€18,606 | +60.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €44,184 | €37,603 | -€6,581 | -14.9% |
| Amounts payable after more than one year | 17 | €25,230 | €16,873 | -€8,357 | -33.1% |
| Financial debts | 170/4 | €25,230 | €16,873 | -€8,357 | -33.1% |
| Amounts payable within one year | 42/48 | €18,955 | €20,731 | +€1,776 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €9,303 | €8,357 | -€946 | -10.2% |
| Trade debts | 44 | €3,411 | €2,516 | -€896 | -26.3% |
| Suppliers | 440/4 | €3,411 | €2,516 | -€896 | -26.3% |
| Taxes, remuneration and social security | 45 | €5,382 | €9,858 | +€4,476 | +83.2% |
| Taxes | 450/3 | €5,382 | €9,858 | +€4,476 | +83.2% |
| Other amounts payable | 47/48 | €859 | €0 | -€859 | -100.0% |
| Non-recurring operating income | 76A | - | €2,074 | +€2,074 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,004 | €4,684 | -€319 | -6.4% |
| Other operating charges | 640/8 | €842 | €865 | +€23 | +2.7% |
| Gross operating margin | 9900 | €34,997 | €38,142 | +€3,145 | +9.0% |
| Operating profit (loss) | 9901 | €29,151 | €32,592 | +€3,441 | +11.8% |
| Financial income | 75/76B | €254 | €597 | +€343 | +135.0% |
| Recurring financial income | 75 | €254 | €597 | +€343 | +135.0% |
| Financial charges | 65/66B | €4,169 | €5,355 | +€1,186 | +28.5% |
| Recurring financial charges | 65 | €4,169 | €5,355 | +€1,186 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €25,236 | €27,834 | +€2,598 | +10.3% |
| Income taxes | 67/77 | €5,382 | €9,228 | +€3,846 | +71.5% |
| Profit (loss) for the period | 9904 | €19,855 | €18,606 | -€1,248 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,855 | €18,606 | -€1,248 | -6.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.