NTHNG: 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.
NTHNG
Largest movements
- Receivables within one year -€4,177
down €4,177 (-87.8%), from €4,757 to €580
of which Trade receivables: -€4,165
- Cash -€74
down €74 (-82.4%), from €89 to €16
mainly Trade debts (-€4,504) and Net result for the year (-€2,772)
- Trade debts -€4,504
down €4,504 (-73.6%), from €6,118 to €1,614
- Other debts +€3,026
up €3,026 (+21.5%), from €14,072 to €17,098
- Profit (loss) carried forward -€2,772
down €2,772 (-7.7%), from -€35,803 to -€38,575
- Other operating charges +€20,646
up €20,646 (+1835.2%), from €1,125 to €21,771
- Write-downs -€17,663
new in 2025: -€17,663
- Financial income +€4,522
new in 2025: €4,522
- Gross operating margin +€1,489
up €1,489 (+32.3%), from -€4,605 to -€3,116
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 | €4,846 | €596 | -€4,250 | -87.7% |
| Current assets | 29/58 | €4,846 | €596 | -€4,250 | -87.7% |
| Amounts receivable within one year | 40/41 | €4,757 | €580 | -€4,177 | -87.8% |
| Trade receivables | 40 | €4,165 | - | -€4,165 | |
| Other amounts receivable | 41 | €592 | €580 | -€12 | -2.0% |
| Cash at bank and in hand | 54/58 | €89 | €16 | -€74 | -82.4% |
| Total equity and liabilities | 10/49 | €4,846 | €596 | -€4,250 | -87.7% |
| Equity | 10/15 | -€15,343 | -€18,115 | -€2,772 | -18.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,803 | -€38,575 | -€2,772 | -7.7% |
| Amounts payable | 17/49 | €20,189 | €18,712 | -€1,478 | -7.3% |
| Amounts payable within one year | 42/48 | €20,189 | €18,712 | -€1,478 | -7.3% |
| Trade debts | 44 | €6,118 | €1,614 | -€4,504 | -73.6% |
| Suppliers | 440/4 | €6,118 | €1,614 | -€4,504 | -73.6% |
| Other amounts payable | 47/48 | €14,072 | €17,098 | +€3,026 | +21.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€17,663 | -€17,663 | |
| Other operating charges | 640/8 | €1,125 | €21,771 | +€20,646 | +1835.2% |
| Gross operating margin | 9900 | -€4,605 | -€3,116 | +€1,489 | +32.3% |
| Operating profit (loss) | 9901 | -€5,730 | -€7,225 | -€1,495 | -26.1% |
| Financial income | 75/76B | - | €4,522 | +€4,522 | |
| Recurring financial income | 75 | - | €4,522 | +€4,522 | |
| Financial charges | 65/66B | €80 | €70 | -€10 | -12.5% |
| Recurring financial charges | 65 | €80 | €70 | -€10 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,810 | -€2,772 | +€3,038 | +52.3% |
| Profit (loss) for the period | 9904 | -€5,810 | -€2,772 | +€3,038 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,810 | -€2,772 | +€3,038 | +52.3% |
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.