NS ADVISORY: 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.
NS ADVISORY
Largest movements
- Cash +€101,452
up €101,452 (+177.1%), from €57,294 to €158,746
mainly Net result for the year (+€94,569) and Tax, wage and social debts (+€18,631)
- Receivables within one year +€12,001
up €12,001 (+280.5%), from €4,279 to €16,280
of which Trade receivables: +€12,580
- Profit (loss) carried forward +€94,569
up €94,569 (+217.1%), from €43,568 to €138,137
- Tax, wage and social debts +€18,631
up €18,631 (+115.2%), from €16,178 to €34,809
of which Taxes: +€17,131
- Gross operating margin +€65,237
up €65,237 (+117.3%), from €55,600 to €120,837
- Taxes +€14,218
up €14,218 (+121.2%), from €11,735 to €25,953
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 | €61,573 | €175,026 | +€113,453 | +184.3% |
| Current assets | 29/58 | €61,573 | €175,026 | +€113,453 | +184.3% |
| Amounts receivable within one year | 40/41 | €4,279 | €16,280 | +€12,001 | +280.5% |
| Trade receivables | 40 | €3,700 | €16,280 | +€12,580 | +340.0% |
| Other amounts receivable | 41 | €579 | - | -€579 | |
| Cash at bank and in hand | 54/58 | €57,294 | €158,746 | +€101,452 | +177.1% |
| Total equity and liabilities | 10/49 | €61,573 | €175,026 | +€113,453 | +184.3% |
| Equity | 10/15 | €45,068 | €139,637 | +€94,569 | +209.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,568 | €138,137 | +€94,569 | +217.1% |
| Amounts payable | 17/49 | €16,505 | €35,388 | +€18,884 | +114.4% |
| Amounts payable within one year | 42/48 | €16,505 | €35,388 | +€18,884 | +114.4% |
| Trade debts | 44 | €327 | €371 | +€45 | +13.7% |
| Suppliers | 440/4 | €327 | €371 | +€45 | +13.7% |
| Taxes, remuneration and social security | 45 | €16,178 | €34,809 | +€18,631 | +115.2% |
| Taxes | 450/3 | €16,178 | €33,309 | +€17,131 | +105.9% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | - | €208 | +€208 | |
| Other operating charges | 640/8 | €189 | €269 | +€79 | +42.0% |
| Gross operating margin | 9900 | €55,600 | €120,837 | +€65,237 | +117.3% |
| Operating profit (loss) | 9901 | €55,411 | €120,568 | +€65,157 | +117.6% |
| Financial income | 75/76B | €18 | €110 | +€93 | +529.4% |
| Recurring financial income | 75 | €18 | €110 | +€93 | +529.4% |
| Financial charges | 65/66B | €125 | €156 | +€31 | +25.0% |
| Recurring financial charges | 65 | €125 | €156 | +€31 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | €55,303 | €120,522 | +€65,219 | +117.9% |
| Income taxes | 67/77 | €11,735 | €25,953 | +€14,218 | +121.2% |
| Profit (loss) for the period | 9904 | €43,568 | €94,569 | +€51,001 | +117.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,568 | €94,569 | +€51,001 | +117.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.