NT CARRELAGE: 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.
NT CARRELAGE
Largest movements
- Tangible fixed assets -€11,968
down €11,968 (-32.4%), from €36,916 to €24,948
of which Furniture and vehicles: -€13,116
- Cash +€11,776
up €11,776 (+405%), from €2,908 to €14,684
mainly Depreciation (+€20,278) and Trade debts (+€7,501)
- Intangible fixed assets -€4,000
down €4,000 (-33.3%), from €12,000 to €8,000
- Deferred charges and accrued income -€1,474
down €1,474 (-41.5%), from €3,551 to €2,077
- Receivables within one year +€1,125
up €1,125 (+20.2%), from €5,574 to €6,699
of which Other amounts receivable: +€1,037
- Debts after one year -€7,951
down €7,951 (-51.1%), from €15,547 to €7,596
- Other debts -€7,534
down €7,534 (-55.8%), from €13,503 to €5,969
- Trade debts +€7,501
up €7,501 (+91.2%), from €8,222 to €15,723
- Profit (loss) carried forward +€4,409
up €4,409 (+89.0%), from -€4,956 to -€547
- Tax, wage and social debts -€3,377
down €3,377 (-94.6%), from €3,570 to €193
of which Taxes: -€1,969
- Gross operating margin +€5,548
up €5,548 (+21.7%), from €25,593 to €31,141
- Staff costs -€1,257
down €1,257 (-21.5%), from €5,856 to €4,599
- Depreciation +€338
up €338 (+1.7%), from €19,940 to €20,278
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 | €62,816 | €59,002 | -€3,814 | -6.1% |
| Fixed assets | 21/28 | €48,916 | €32,948 | -€15,968 | -32.6% |
| Intangible fixed assets | 21 | €12,000 | €8,000 | -€4,000 | -33.3% |
| Tangible fixed assets | 22/27 | €36,916 | €24,948 | -€11,968 | -32.4% |
| Plant, machinery and equipment | 23 | €6,156 | €7,304 | +€1,148 | +18.6% |
| Furniture and vehicles | 24 | €30,760 | €17,644 | -€13,116 | -42.6% |
| Current assets | 29/58 | €13,900 | €26,054 | +€12,154 | +87.4% |
| Stocks and contracts in progress | 3 | €1,867 | €2,594 | +€727 | +38.9% |
| Stocks | 30/36 | €1,867 | €2,594 | +€727 | +38.9% |
| Amounts receivable within one year | 40/41 | €5,574 | €6,699 | +€1,125 | +20.2% |
| Trade receivables | 40 | €4,175 | €4,263 | +€88 | +2.1% |
| Other amounts receivable | 41 | €1,399 | €2,436 | +€1,037 | +74.1% |
| Cash at bank and in hand | 54/58 | €2,908 | €14,684 | +€11,776 | +405% |
| Deferred charges and accrued income | 490/1 | €3,551 | €2,077 | -€1,474 | -41.5% |
| Total equity and liabilities | 10/49 | €62,816 | €59,002 | -€3,814 | -6.1% |
| Equity | 10/15 | €14,014 | €18,423 | +€4,409 | +31.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €370 | €370 | = | 0.0% |
| Non-distributable reserves | 130/1 | €370 | €370 | = | 0.0% |
| Reserves not available under the articles | 1311 | €370 | €370 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,956 | -€547 | +€4,409 | +89.0% |
| Amounts payable | 17/49 | €48,802 | €40,579 | -€8,223 | -16.8% |
| Amounts payable after more than one year | 17 | €15,547 | €7,596 | -€7,951 | -51.1% |
| Financial debts | 170/4 | €15,547 | €7,596 | -€7,951 | -51.1% |
| Amounts payable within one year | 42/48 | €32,908 | €32,635 | -€273 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €7,613 | €7,950 | +€337 | +4.4% |
| Trade debts | 44 | €8,222 | €15,723 | +€7,501 | +91.2% |
| Suppliers | 440/4 | €8,222 | €15,723 | +€7,501 | +91.2% |
| Advances received on contracts in progress | 46 | - | €2,800 | +€2,800 | |
| Taxes, remuneration and social security | 45 | €3,570 | €193 | -€3,377 | -94.6% |
| Taxes | 450/3 | €1,969 | - | -€1,969 | |
| Remuneration and social security | 454/9 | €1,601 | €193 | -€1,408 | -87.9% |
| Other amounts payable | 47/48 | €13,503 | €5,969 | -€7,534 | -55.8% |
| Accrued charges and deferred income | 492/3 | €347 | €348 | +€1 | +0.3% |
| Remuneration, social security and pensions | 62 | €5,856 | €4,599 | -€1,257 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,940 | €20,278 | +€338 | +1.7% |
| Other operating charges | 640/8 | €780 | €795 | +€15 | +1.9% |
| Gross operating margin | 9900 | €25,593 | €31,141 | +€5,548 | +21.7% |
| Operating profit (loss) | 9901 | -€983 | €5,469 | +€6,452 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,348 | €1,060 | -€288 | -21.4% |
| Recurring financial charges | 65 | €1,348 | €1,060 | -€288 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,328 | €4,409 | +€6,737 | |
| Profit (loss) for the period | 9904 | -€2,328 | €4,409 | +€6,737 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,328 | €4,409 | +€6,737 |
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 25 October 2026 via checked.be.