NS DYNAMIC: 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.
NS DYNAMIC
Largest movements
- Receivables within one year -€20,222
down €20,222 (-21.4%), from €94,683 to €74,462
of which Trade receivables: -€36,071
- Cash -€15,881
down €15,881 (-81.1%), from €19,578 to €3,698
mainly Net result for the year (-€17,637) and Trade debts (-€9,304)
- Profit (loss) carried forward -€17,637
down €17,637 (-19.7%), from €89,705 to €72,069
- Trade debts -€9,304
down €9,304 (-60.4%), from €15,409 to €6,105
- Tax, wage and social debts -€6,431
down €6,431 (-76.2%), from €8,439 to €2,009
of which Remuneration and social security: -€4,202
- Debts after one year -€3,939
no longer reported in 2024 (was €3,939)
- Gross operating margin -€124,346
down €124,346, from €123,056 to -€1,289
- Staff costs -€30,023
down €30,023 (-79.2%), from €37,910 to €7,886
- Other operating charges +€1,475
new in 2024: €1,475
- Financial charges +€1,240
up €1,240 (+114.4%), from €1,083 to €2,323
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.
Cash bridge derived
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 | €127,545 | €89,122 | -€38,424 | -30.1% |
| Fixed assets | 21/28 | €12,060 | €10,962 | -€1,098 | -9.1% |
| Tangible fixed assets | 22/27 | €12,060 | €10,962 | -€1,098 | -9.1% |
| Furniture and vehicles | 24 | €12,060 | €8,685 | -€3,375 | -28.0% |
| Leasing and similar rights | 25 | - | €2,277 | +€2,277 | |
| Current assets | 29/58 | €115,486 | €78,160 | -€37,326 | -32.3% |
| Amounts receivable within one year | 40/41 | €94,683 | €74,462 | -€20,222 | -21.4% |
| Trade receivables | 40 | €46,528 | €10,457 | -€36,071 | -77.5% |
| Other amounts receivable | 41 | €48,155 | €64,004 | +€15,849 | +32.9% |
| Cash at bank and in hand | 54/58 | €19,578 | €3,698 | -€15,881 | -81.1% |
| Deferred charges and accrued income | 490/1 | €1,224 | - | -€1,224 | |
| Total equity and liabilities | 10/49 | €127,545 | €89,122 | -€38,424 | -30.1% |
| Equity | 10/15 | €94,705 | €77,069 | -€17,637 | -18.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,705 | €72,069 | -€17,637 | -19.7% |
| Amounts payable | 17/49 | €32,840 | €12,053 | -€20,787 | -63.3% |
| Amounts payable after more than one year | 17 | €3,939 | - | -€3,939 | |
| Financial debts | 170/4 | €3,939 | - | -€3,939 | |
| Amounts payable within one year | 42/48 | €28,900 | €12,053 | -€16,847 | -58.3% |
| Current portion of amounts payable after more than one year | 42 | €5,053 | €3,939 | -€1,113 | -22.0% |
| Trade debts | 44 | €15,409 | €6,105 | -€9,304 | -60.4% |
| Suppliers | 440/4 | €15,409 | €6,105 | -€9,304 | -60.4% |
| Taxes, remuneration and social security | 45 | €8,439 | €2,009 | -€6,431 | -76.2% |
| Taxes | 450/3 | €2,291 | €62 | -€2,229 | -97.3% |
| Remuneration and social security | 454/9 | €6,148 | €1,946 | -€4,202 | -68.3% |
| Remuneration, social security and pensions | 62 | €37,910 | €7,886 | -€30,023 | -79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,037 | €3,498 | +€461 | +15.2% |
| Other operating charges | 640/8 | - | €1,475 | +€1,475 | |
| Non-recurring operating charges | 66A | - | €247 | +€247 | |
| Gross operating margin | 9900 | €123,056 | -€1,289 | -€124,346 | |
| Operating profit (loss) | 9901 | €82,110 | -€14,396 | -€96,505 | |
| Financial charges | 65/66B | €1,083 | €2,323 | +€1,240 | +114.4% |
| Recurring financial charges | 65 | €1,083 | €2,323 | +€1,240 | +114.4% |
| Profit (loss) for the period before taxes | 9903 | €81,026 | -€16,718 | -€97,745 | |
| Income taxes | 67/77 | €248 | €918 | +€671 | +271.1% |
| Profit (loss) for the period | 9904 | €80,779 | -€17,637 | -€98,416 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,779 | -€17,637 | -€98,416 |
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 10 October 2026 via checked.be.