NS GLOBAL: 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 GLOBAL
Largest movements
- Receivables within one year +€176,467
up €176,467 (+72.4%), from €243,694 to €420,161
of which Trade receivables: +€172,321
- Cash -€74,599
down €74,599 (-83.8%), from €88,977 to €14,379
mainly Receivables within one year (-€176,467) and Trade debts (-€22,261)
- Tangible fixed assets -€6,858
down €6,858 (-30.9%), from €22,230 to €15,372
of which Furniture and vehicles: -€3,565
- Advances received +€86,961
up €86,961 (+42.0%), from €206,934 to €293,895
- Other debts +€35,822
new in 2023: €35,822
- Trade debts -€22,261
down €22,261 (-14.7%), from €151,347 to €129,086
- Profit (loss) carried forward -€14,801
down €14,801 (-15.8%), from -€93,608 to -€108,409
- Tax, wage and social debts +€8,658
up €8,658 (+11.4%), from €76,042 to €84,700
of which Remuneration and social security: +€29,829
- Taxes -€21,151
no longer reported in 2023 (was €21,151)
- Gross operating margin -€19,633
down €19,633 (-15.3%), from €127,980 to €108,347
- Staff costs -€15,907
down €15,907 (-12.6%), from €126,338 to €110,431
- Other operating charges -€8,100
down €8,100 (-75.2%), from €10,778 to €2,678
- Financial income -€2,886
no longer reported in 2023 (was €2,886)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €358,134 | €451,954 | +€93,820 | +26.2% |
| Fixed assets | 21/28 | €25,120 | €17,332 | -€7,788 | -31.0% |
| Intangible fixed assets | 21 | €2,790 | €1,860 | -€930 | -33.3% |
| Tangible fixed assets | 22/27 | €22,230 | €15,372 | -€6,858 | -30.9% |
| Furniture and vehicles | 24 | €5,932 | €2,367 | -€3,565 | -60.1% |
| Other tangible fixed assets | 26 | €16,298 | €13,004 | -€3,294 | -20.2% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €333,014 | €434,623 | +€101,609 | +30.5% |
| Amounts receivable within one year | 40/41 | €243,694 | €420,161 | +€176,467 | +72.4% |
| Trade receivables | 40 | €148,639 | €320,960 | +€172,321 | +115.9% |
| Other amounts receivable | 41 | €95,055 | €99,201 | +€4,146 | +4.4% |
| Cash at bank and in hand | 54/58 | €88,977 | €14,379 | -€74,599 | -83.8% |
| Deferred charges and accrued income | 490/1 | €343 | €84 | -€259 | -75.6% |
| Total equity and liabilities | 10/49 | €358,134 | €451,954 | +€93,820 | +26.2% |
| Equity | 10/15 | -€76,748 | -€91,549 | -€14,801 | -19.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,608 | -€108,409 | -€14,801 | -15.8% |
| Amounts payable | 17/49 | €434,882 | €543,503 | +€108,621 | +25.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €434,882 | €543,503 | +€108,621 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €559 | - | -€559 | |
| Trade debts | 44 | €151,347 | €129,086 | -€22,261 | -14.7% |
| Suppliers | 440/4 | €151,347 | €129,086 | -€22,261 | -14.7% |
| Advances received on contracts in progress | 46 | €206,934 | €293,895 | +€86,961 | +42.0% |
| Taxes, remuneration and social security | 45 | €76,042 | €84,700 | +€8,658 | +11.4% |
| Taxes | 450/3 | €41,892 | €20,721 | -€21,171 | -50.5% |
| Remuneration and social security | 454/9 | €34,150 | €63,979 | +€29,829 | +87.3% |
| Other amounts payable | 47/48 | - | €35,822 | +€35,822 | |
| Remuneration, social security and pensions | 62 | €126,338 | €110,431 | -€15,907 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,482 | €8,325 | -€2,157 | -20.6% |
| Other operating charges | 640/8 | €10,778 | €2,678 | -€8,100 | -75.2% |
| Gross operating margin | 9900 | €127,980 | €108,347 | -€19,633 | -15.3% |
| Operating profit (loss) | 9901 | -€19,617 | -€13,086 | +€6,531 | +33.3% |
| Financial income | 75/76B | €2,886 | - | -€2,886 | |
| Recurring financial income | 75 | €2,886 | - | -€2,886 | |
| Financial charges | 65/66B | €2,319 | €1,714 | -€605 | -26.1% |
| Recurring financial charges | 65 | €2,319 | €1,714 | -€605 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,050 | -€14,801 | +€4,249 | +22.3% |
| Income taxes | 67/77 | €21,151 | - | -€21,151 | |
| Profit (loss) for the period | 9904 | -€40,201 | -€14,801 | +€25,400 | +63.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,201 | -€14,801 | +€25,400 | +63.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.