NSCONSULTING: 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.
NSCONSULTING
Largest movements
- Cash +€299,058
up €299,058 (+2,954%), from €10,125 to €309,183
mainly Net result for the year (+€144,899) and Debts after one year (+€136,512)
- Receivables after one year +€106,240
up €106,240 (+156%), from €68,130 to €174,370
- Receivables within one year +€100,087
up €100,087 (+44.1%), from €226,724 to €326,811
of which Other amounts receivable: +€74,136
- Reserves +€148,261
up €148,261 (+28.7%), from €516,835 to €665,096
of which Tax-exempt reserves: +€148,261
- Debts after one year +€136,512
up €136,512 (+19.8%), from €691,087 to €827,599
of which Financial debts: +€77,512
- Trade debts +€119,745
up €119,745 (+206%), from €58,046 to €177,791
- Provisions +€49,420
up €49,420 (+75.6%), from €65,349 to €114,769
of which Deferred taxes: +€49,420
- Taxes -€73,046
down €73,046 (-94.3%), from €77,502 to €4,456
- Gross operating margin -€26,099
down €26,099 (-6.9%), from €380,108 to €354,009
- Staff costs -€12,560
down €12,560 (-24.6%), from €51,083 to €38,523
- Other operating charges +€9,279
up €9,279 (+178%), from €5,224 to €14,502
- Financial charges +€4,298
up €4,298 (+19.7%), from €21,805 to €26,103
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 | €1,777,104 | €2,256,458 | +€479,353 | +27.0% |
| Fixed assets | 21/28 | €1,471,657 | €1,445,964 | -€25,693 | -1.7% |
| Tangible fixed assets | 22/27 | €1,458,632 | €1,445,964 | -€12,668 | -0.9% |
| Land and buildings | 22 | €1,364,200 | €1,334,144 | -€30,056 | -2.2% |
| Plant, machinery and equipment | 23 | €20,240 | €16,888 | -€3,351 | -16.6% |
| Furniture and vehicles | 24 | €28,247 | €33,296 | +€5,049 | +17.9% |
| Other tangible fixed assets | 26 | €45,945 | €61,636 | +€15,691 | +34.2% |
| Financial fixed assets | 28 | €13,025 | - | -€13,025 | |
| Current assets | 29/58 | €305,448 | €810,493 | +€505,046 | +165% |
| Amounts receivable after more than one year | 29 | €68,130 | €174,370 | +€106,240 | +156% |
| Other amounts receivable | 291 | €68,130 | €174,370 | +€106,240 | +156% |
| Amounts receivable within one year | 40/41 | €226,724 | €326,811 | +€100,087 | +44.1% |
| Trade receivables | 40 | €205,075 | €231,026 | +€25,951 | +12.7% |
| Other amounts receivable | 41 | €21,649 | €95,786 | +€74,136 | +342% |
| Cash at bank and in hand | 54/58 | €10,125 | €309,183 | +€299,058 | +2,954% |
| Deferred charges and accrued income | 490/1 | €469 | €129 | -€339 | -72.4% |
| Total equity and liabilities | 10/49 | €1,777,104 | €2,256,458 | +€479,353 | +27.0% |
| Equity | 10/15 | €776,516 | €921,415 | +€144,899 | +18.7% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €516,835 | €665,096 | +€148,261 | +28.7% |
| Tax-exempt reserves | 132 | - | €148,261 | +€148,261 | |
| Distributable reserves | 133 | €516,835 | €516,835 | = | 0.0% |
| Profit (loss) carried forward | 14 | €251,621 | €248,259 | -€3,362 | -1.3% |
| Provisions and deferred taxes | 16 | €65,349 | €114,769 | +€49,420 | +75.6% |
| Provisions for liabilities and charges | 160/5 | €65,349 | €65,349 | = | 0.0% |
| Environmental obligations | 163 | €65,349 | €65,349 | = | 0.0% |
| Deferred taxes | 168 | - | €49,420 | +€49,420 | |
| Amounts payable | 17/49 | €935,240 | €1,220,273 | +€285,034 | +30.5% |
| Amounts payable after more than one year | 17 | €691,087 | €827,599 | +€136,512 | +19.8% |
| Financial debts | 170/4 | €583,850 | €661,362 | +€77,512 | +13.3% |
| Other amounts payable | 178/9 | €107,237 | €166,237 | +€59,000 | +55.0% |
| Amounts payable within one year | 42/48 | €243,438 | €372,400 | +€128,962 | +53.0% |
| Current portion of amounts payable after more than one year | 42 | €90,830 | €80,947 | -€9,883 | -10.9% |
| Financial debts | 43 | €47,735 | €54,787 | +€7,052 | +14.8% |
| Credit institutions | 430/8 | €47,735 | €54,787 | +€7,052 | +14.8% |
| Trade debts | 44 | €58,046 | €177,791 | +€119,745 | +206% |
| Suppliers | 440/4 | €58,046 | €177,791 | +€119,745 | +206% |
| Taxes, remuneration and social security | 45 | €46,827 | €54,146 | +€7,319 | +15.6% |
| Taxes | 450/3 | €39,744 | €48,679 | +€8,935 | +22.5% |
| Remuneration and social security | 454/9 | €7,083 | €5,467 | -€1,616 | -22.8% |
| Other amounts payable | 47/48 | - | €4,729 | +€4,729 | |
| Accrued charges and deferred income | 492/3 | €715 | €20,274 | +€19,559 | +2,736% |
| Remuneration, social security and pensions | 62 | €51,083 | €38,523 | -€12,560 | -24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,706 | €76,317 | -€1,389 | -1.8% |
| Other operating charges | 640/8 | €5,224 | €14,502 | +€9,279 | +178% |
| Gross operating margin | 9900 | €380,108 | €354,009 | -€26,099 | -6.9% |
| Operating profit (loss) | 9901 | €246,095 | €224,667 | -€21,428 | -8.7% |
| Financial income | 75/76B | €331 | €211 | -€119 | -36.1% |
| Recurring financial income | 75 | €331 | €211 | -€119 | -36.1% |
| Financial charges | 65/66B | €21,805 | €26,103 | +€4,298 | +19.7% |
| Recurring financial charges | 65 | €21,805 | €26,103 | +€4,298 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €224,621 | €198,776 | -€25,845 | -11.5% |
| Transfer to deferred taxes | 680 | - | €49,420 | +€49,420 | |
| Income taxes | 67/77 | €77,502 | €4,456 | -€73,046 | -94.3% |
| Profit (loss) for the period | 9904 | €147,119 | €144,899 | -€2,220 | -1.5% |
| Transfer to tax-exempt reserves | 689 | - | €148,261 | +€148,261 | |
| Profit (loss) for the period to be appropriated | 9905 | €147,119 | -€3,362 | -€150,481 |
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 14 October 2026 via checked.be.