NSE CONSULT: 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.
NSE CONSULT
Largest movements
- Cash +€86,000
up €86,000 (+127.8%), from €67,308 to €153,307
mainly Net result for the year (+€75,917) and Tax, wage and social debts (+€7,886)
- Receivables within one year -€3,903
down €3,903 (-28.9%), from €13,497 to €9,594
- Profit (loss) carried forward +€75,917
up €75,917 (+159.9%), from €47,475 to €123,391
- Tax, wage and social debts +€7,886
up €7,886 (+31.7%), from €24,871 to €32,757
of which Taxes: +€7,102
- Gross operating margin +€39,683
up €39,683 (+58.7%), from €67,571 to €107,254
- Taxes +€7,693
up €7,693 (+63.1%), from €12,198 to €19,892
- Staff costs +€4,488
up €4,488 (+68.3%), from €6,567 to €11,055
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 | €80,805 | €162,902 | +€82,097 | +101.6% |
| Current assets | 29/58 | €80,805 | €162,902 | +€82,097 | +101.6% |
| Amounts receivable within one year | 40/41 | €13,497 | €9,594 | -€3,903 | -28.9% |
| Trade receivables | 40 | €13,497 | €9,594 | -€3,903 | -28.9% |
| Cash at bank and in hand | 54/58 | €67,308 | €153,307 | +€86,000 | +127.8% |
| Total equity and liabilities | 10/49 | €80,805 | €162,902 | +€82,097 | +101.6% |
| Equity | 10/15 | €49,475 | €125,391 | +€75,917 | +153.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,475 | €123,391 | +€75,917 | +159.9% |
| Amounts payable | 17/49 | €31,330 | €37,511 | +€6,180 | +19.7% |
| Amounts payable within one year | 42/48 | €30,880 | €37,311 | +€6,430 | +20.8% |
| Trade debts | 44 | €1,706 | €556 | -€1,149 | -67.4% |
| Suppliers | 440/4 | €1,706 | €556 | -€1,149 | -67.4% |
| Taxes, remuneration and social security | 45 | €24,871 | €32,757 | +€7,886 | +31.7% |
| Taxes | 450/3 | €20,095 | €27,197 | +€7,102 | +35.3% |
| Remuneration and social security | 454/9 | €4,777 | €5,560 | +€783 | +16.4% |
| Other amounts payable | 47/48 | €4,303 | €3,997 | -€306 | -7.1% |
| Accrued charges and deferred income | 492/3 | €450 | €200 | -€250 | -55.6% |
| Remuneration, social security and pensions | 62 | €6,567 | €11,055 | +€4,488 | +68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,071 | - | -€1,071 | |
| Other operating charges | 640/8 | €231 | €350 | +€119 | +51.6% |
| Gross operating margin | 9900 | €67,571 | €107,254 | +€39,683 | +58.7% |
| Operating profit (loss) | 9901 | €59,703 | €95,849 | +€36,146 | +60.5% |
| Financial charges | 65/66B | €30 | €40 | +€10 | +34.7% |
| Recurring financial charges | 65 | €30 | €40 | +€10 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €59,673 | €95,808 | +€36,135 | +60.6% |
| Income taxes | 67/77 | €12,198 | €19,892 | +€7,693 | +63.1% |
| Profit (loss) for the period | 9904 | €47,475 | €75,917 | +€28,442 | +59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,475 | €75,917 | +€28,442 | +59.9% |
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 12 October 2026 via checked.be.