NT PARTNERS: 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 PARTNERS
Largest movements
- Cash -€40,947
down €40,947 (-43.3%), from €94,469 to €53,522
mainly Investment in fixed assets (net) (-€49,848) and Deferred charges and accrued income (-€38,018)
- Deferred charges and accrued income +€38,018
up €38,018 (+1449.8%), from €2,622 to €40,640
- Tangible fixed assets +€21,060
up €21,060 (+8.3%), from €252,679 to €273,739
of which Furniture and vehicles: +€27,656
- Receivables within one year +€7,288
up €7,288 (+39.1%), from €18,623 to €25,911
of which Trade receivables: +€7,287
- Short-term financial debts +€29,206
new in 2025: €29,206
- Reserves +€25,000
up €25,000 (+30.1%), from €83,171 to €108,171
of which Distributable reserves: +€25,000
- Debts after one year -€16,583
down €16,583 (-6.6%), from €251,487 to €234,903
- Tax, wage and social debts -€16,537
down €16,537 (-52.7%), from €31,374 to €14,837
- Gross operating margin -€45,604
down €45,604 (-37.2%), from €122,594 to €76,990
- Taxes -€16,429
down €16,429 (-54.8%), from €29,986 to €13,557
- Depreciation +€4,140
up €4,140 (+16.8%), from €24,648 to €28,788
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 | €375,089 | €398,507 | +€23,419 | +6.2% |
| Fixed assets | 21/28 | €252,679 | €273,739 | +€21,060 | +8.3% |
| Tangible fixed assets | 22/27 | €252,679 | €273,739 | +€21,060 | +8.3% |
| Land and buildings | 22 | €223,129 | €206,702 | -€16,427 | -7.4% |
| Plant, machinery and equipment | 23 | €16,605 | €26,436 | +€9,831 | +59.2% |
| Furniture and vehicles | 24 | €12,945 | €40,601 | +€27,656 | +213.6% |
| Current assets | 29/58 | €122,410 | €124,768 | +€2,358 | +1.9% |
| Amounts receivable after more than one year | 29 | €2,000 | - | -€2,000 | |
| Other amounts receivable | 291 | €2,000 | - | -€2,000 | |
| Amounts receivable within one year | 40/41 | €18,623 | €25,911 | +€7,288 | +39.1% |
| Trade receivables | 40 | €18,389 | €25,676 | +€7,287 | +39.6% |
| Other amounts receivable | 41 | €234 | €235 | +€1 | +0.5% |
| Current investments | 50/53 | €4,695 | €4,695 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €94,469 | €53,522 | -€40,947 | -43.3% |
| Deferred charges and accrued income | 490/1 | €2,622 | €40,640 | +€38,018 | +1449.8% |
| Total equity and liabilities | 10/49 | €375,089 | €398,507 | +€23,419 | +6.2% |
| Equity | 10/15 | €68,266 | €94,449 | +€26,184 | +38.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €83,171 | €108,171 | +€25,000 | +30.1% |
| Non-distributable reserves | 130/1 | €171 | €171 | = | 0.0% |
| Legal reserve | 130 | €171 | €171 | = | 0.0% |
| Distributable reserves | 133 | €83,000 | €108,000 | +€25,000 | +30.1% |
| Profit (loss) carried forward | 14 | -€21,105 | -€19,922 | +€1,184 | +5.6% |
| Amounts payable | 17/49 | €306,823 | €304,058 | -€2,765 | -0.9% |
| Amounts payable after more than one year | 17 | €251,487 | €234,903 | -€16,583 | -6.6% |
| Financial debts | 170/4 | €251,487 | €234,903 | -€16,583 | -6.6% |
| Amounts payable within one year | 42/48 | €55,270 | €69,088 | +€13,817 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €16,194 | €16,583 | +€390 | +2.4% |
| Financial debts | 43 | - | €29,206 | +€29,206 | |
| Credit institutions | 430/8 | - | €29,206 | +€29,206 | |
| Trade debts | 44 | €7,577 | €6,406 | -€1,172 | -15.5% |
| Suppliers | 440/4 | €7,577 | €6,406 | -€1,172 | -15.5% |
| Taxes, remuneration and social security | 45 | €31,374 | €14,837 | -€16,537 | -52.7% |
| Taxes | 450/3 | €31,374 | €14,837 | -€16,537 | -52.7% |
| Other amounts payable | 47/48 | €125 | €2,055 | +€1,930 | +1539.5% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,648 | €28,788 | +€4,140 | +16.8% |
| Other operating charges | 640/8 | €666 | €1,874 | +€1,208 | +181.2% |
| Gross operating margin | 9900 | €122,594 | €76,990 | -€45,604 | -37.2% |
| Operating profit (loss) | 9901 | €97,280 | €46,328 | -€50,951 | -52.4% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €6,797 | €6,588 | -€209 | -3.1% |
| Recurring financial charges | 65 | €6,797 | €6,588 | -€209 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €90,485 | €39,740 | -€50,744 | -56.1% |
| Income taxes | 67/77 | €29,986 | €13,557 | -€16,429 | -54.8% |
| Profit (loss) for the period | 9904 | €60,499 | €26,184 | -€34,315 | -56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €60,499 | €26,184 | -€34,315 | -56.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.