NT-DIS: 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.
NT-DIS
Largest movements
- Cash -€24,562
down €24,562 (-31.3%), from €78,582 to €54,020
mainly Contributions, distributions and other (-€40,000) and Other debts (-€39,867)
- Receivables within one year -€11,942
down €11,942 (-42.9%), from €27,868 to €15,927
of which Other amounts receivable: -€18,377
- Stocks and contracts -€5,000
down €5,000 (-28.1%), from €17,812 to €12,812
- Tangible fixed assets +€2,251
up €2,251, from €0 to €2,251
- Intangible fixed assets -€2,000
down €2,000 (-21.4%), from €9,332 to €7,332
- Other debts -€39,867
down €39,867 (-49.8%), from €80,000 to €40,133
- Tax, wage and social debts +€8,279
up €8,279 (+164.1%), from €5,046 to €13,325
- Debts after one year -€3,918
down €3,918 (-45.7%), from €8,567 to €4,650
- Profit (loss) carried forward -€3,329
down €3,329 (-28.7%), from €11,583 to €8,253
- Current portion of long-term debt -€3,075
no longer reported in 2025 (was €3,075)
- Gross operating margin +€31,445
up €31,445 (+146.3%), from €21,499 to €52,944
- Taxes +€8,894
up €8,894 (+185.3%), from €4,799 to €13,693
- Depreciation -€4,971
down €4,971 (-70.8%), from €7,020 to €2,048
- Financial income -€1,426
down €1,426 (-96.7%), from €1,474 to €49
- Financial charges -€768
down €768 (-77.9%), from €986 to €218
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 | €133,894 | €92,641 | -€41,253 | -30.8% |
| Fixed assets | 21/28 | €9,632 | €9,882 | +€251 | +2.6% |
| Intangible fixed assets | 21 | €9,332 | €7,332 | -€2,000 | -21.4% |
| Tangible fixed assets | 22/27 | €0 | €2,251 | +€2,251 | |
| Furniture and vehicles | 24 | €0 | €2,251 | +€2,251 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €124,263 | €82,758 | -€41,504 | -33.4% |
| Stocks and contracts in progress | 3 | €17,812 | €12,812 | -€5,000 | -28.1% |
| Stocks | 30/36 | €17,812 | €12,812 | -€5,000 | -28.1% |
| Amounts receivable within one year | 40/41 | €27,868 | €15,927 | -€11,942 | -42.9% |
| Trade receivables | 40 | €8,001 | €14,436 | +€6,435 | +80.4% |
| Other amounts receivable | 41 | €19,867 | €1,491 | -€18,377 | -92.5% |
| Cash at bank and in hand | 54/58 | €78,582 | €54,020 | -€24,562 | -31.3% |
| Total equity and liabilities | 10/49 | €133,894 | €92,641 | -€41,253 | -30.8% |
| Equity | 10/15 | €32,034 | €28,705 | -€3,329 | -10.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,583 | €8,253 | -€3,329 | -28.7% |
| Amounts payable | 17/49 | €101,860 | €63,936 | -€37,924 | -37.2% |
| Amounts payable after more than one year | 17 | €8,567 | €4,650 | -€3,918 | -45.7% |
| Trade debts | 175 | €8,567 | €4,650 | -€3,918 | -45.7% |
| Amounts payable within one year | 42/48 | €93,293 | €59,286 | -€34,006 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €3,075 | - | -€3,075 | |
| Trade debts | 44 | €5,172 | €5,829 | +€657 | +12.7% |
| Suppliers | 440/4 | €5,172 | €5,829 | +€657 | +12.7% |
| Taxes, remuneration and social security | 45 | €5,046 | €13,325 | +€8,279 | +164.1% |
| Taxes | 450/3 | €5,046 | €13,325 | +€8,279 | +164.1% |
| Other amounts payable | 47/48 | €80,000 | €40,133 | -€39,867 | -49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,020 | €2,048 | -€4,971 | -70.8% |
| Other operating charges | 640/8 | €397 | €362 | -€34 | -8.6% |
| Gross operating margin | 9900 | €21,499 | €52,944 | +€31,445 | +146.3% |
| Operating profit (loss) | 9901 | €14,083 | €50,533 | +€36,451 | +258.8% |
| Financial income | 75/76B | €1,474 | €49 | -€1,426 | -96.7% |
| Recurring financial income | 75 | €1,474 | €49 | -€1,426 | -96.7% |
| Financial charges | 65/66B | €986 | €218 | -€768 | -77.9% |
| Recurring financial charges | 65 | €986 | €218 | -€768 | -77.9% |
| Profit (loss) for the period before taxes | 9903 | €14,571 | €50,364 | +€35,793 | +245.6% |
| Income taxes | 67/77 | €4,799 | €13,693 | +€8,894 | +185.3% |
| Profit (loss) for the period | 9904 | €9,772 | €36,671 | +€26,899 | +275.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,772 | €36,671 | +€26,899 | +275.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.