NSYSE: 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.
NSYSE
Largest movements
- Cash -€35,147
down €35,147 (-70.0%), from €50,224 to €15,077
mainly Other debts (-€65,266) and Net result for the year (-€39,638)
- Receivables within one year +€28,502
up €28,502 (+271.9%), from €10,484 to €38,986
of which Other amounts receivable: +€36,000
- Tangible fixed assets +€15,604
new in 2024: €15,604
of which Plant, machinery and equipment: +€14,702
- Stocks and contracts -€7,207
down €7,207 (-14.5%), from €49,558 to €42,351
- Deferred charges and accrued income +€6,686
up €6,686 (+164.1%), from €4,075 to €10,761
- Trade debts +€67,891
up €67,891 (+573.7%), from €11,834 to €79,724
of which Suppliers: +€66,998
- Other debts -€65,266
down €65,266 (-57.5%), from €113,453 to €48,187
- Profit (loss) carried forward -€39,638
down €39,638, from €2,094 to -€37,544
- Current portion of long-term debt +€21,000
new in 2024: €21,000
- Tax, wage and social debts +€20,313
up €20,313 (+228.7%), from €8,881 to €29,194
of which Remuneration and social security: +€14,594
- Gross operating margin +€61,108
up €61,108 (+124.9%), from €48,938 to €110,046
- Staff costs +€51,915
up €51,915 (+134.4%), from €38,633 to €90,547
- Other operating charges +€47,799
new in 2024: €47,799
- Financial charges +€2,184
up €2,184 (+52.8%), from €4,138 to €6,322
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 | €139,262 | €143,686 | +€4,424 | +3.2% |
| Fixed assets | 21/28 | €24,921 | €36,511 | +€11,590 | +46.5% |
| Intangible fixed assets | 21 | €24,721 | €20,707 | -€4,014 | -16.2% |
| Tangible fixed assets | 22/27 | - | €15,604 | +€15,604 | |
| Plant, machinery and equipment | 23 | - | €14,702 | +€14,702 | |
| Furniture and vehicles | 24 | - | €903 | +€903 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €114,341 | €107,175 | -€7,166 | -6.3% |
| Stocks and contracts in progress | 3 | €49,558 | €42,351 | -€7,207 | -14.5% |
| Stocks | 30/36 | €49,558 | €42,351 | -€7,207 | -14.5% |
| Amounts receivable within one year | 40/41 | €10,484 | €38,986 | +€28,502 | +271.9% |
| Trade receivables | 40 | €10,484 | €2,986 | -€7,498 | -71.5% |
| Other amounts receivable | 41 | - | €36,000 | +€36,000 | |
| Cash at bank and in hand | 54/58 | €50,224 | €15,077 | -€35,147 | -70.0% |
| Deferred charges and accrued income | 490/1 | €4,075 | €10,761 | +€6,686 | +164.1% |
| Total equity and liabilities | 10/49 | €139,262 | €143,686 | +€4,424 | +3.2% |
| Equity | 10/15 | €5,094 | -€34,544 | -€39,638 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,094 | -€37,544 | -€39,638 | |
| Amounts payable | 17/49 | €134,168 | €178,230 | +€44,063 | +32.8% |
| Amounts payable within one year | 42/48 | €134,168 | €178,105 | +€43,937 | +32.7% |
| Current portion of amounts payable after more than one year | 42 | - | €21,000 | +€21,000 | |
| Trade debts | 44 | €11,834 | €79,724 | +€67,891 | +573.7% |
| Suppliers | 440/4 | €10,180 | €77,178 | +€66,998 | +658.1% |
| Bills of exchange payable | 441 | €1,653 | €2,546 | +€893 | +54.0% |
| Taxes, remuneration and social security | 45 | €8,881 | €29,194 | +€20,313 | +228.7% |
| Taxes | 450/3 | €939 | €6,658 | +€5,718 | +608.7% |
| Remuneration and social security | 454/9 | €7,942 | €22,536 | +€14,594 | +183.8% |
| Other amounts payable | 47/48 | €113,453 | €48,187 | -€65,266 | -57.5% |
| Accrued charges and deferred income | 492/3 | - | €125 | +€125 | |
| Non-recurring operating income | 76A | €3 | €0 | -€3 | -95.1% |
| Remuneration, social security and pensions | 62 | €38,633 | €90,547 | +€51,915 | +134.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,376 | €4,416 | +€1,040 | +30.8% |
| Other operating charges | 640/8 | - | €47,799 | +€47,799 | |
| Gross operating margin | 9900 | €48,938 | €110,046 | +€61,108 | +124.9% |
| Operating profit (loss) | 9901 | €6,929 | -€32,716 | -€39,645 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €4,138 | €6,322 | +€2,184 | +52.8% |
| Recurring financial charges | 65 | €4,138 | €6,322 | +€2,184 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | €2,792 | -€39,038 | -€41,831 | |
| Income taxes | 67/77 | €698 | €600 | -€98 | -14.1% |
| Profit (loss) for the period | 9904 | €2,094 | -€39,638 | -€41,733 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,094 | -€39,638 | -€41,733 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.