NTI: 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.
NTI
Largest movements
- Cash +€52,830
up €52,830 (+152.5%), from €34,643 to €87,474
mainly Net result for the year (+€47,079) and Depreciation (+€5,795)
- Tangible fixed assets -€3,295
down €3,295 (-49.4%), from €6,676 to €3,381
- Receivables within one year +€3,139
up €3,139 (+77.0%), from €4,077 to €7,216
of which Other amounts receivable: +€4,344
- Intangible fixed assets -€2,500
down €2,500 (-13.0%), from €19,226 to €16,726
- Profit (loss) carried forward +€47,078
up €47,078 (+105.6%), from €44,589 to €91,667
- Trade debts +€3,372
up €3,372 (+39.4%), from €8,550 to €11,922
- Current portion of long-term debt -€2,200
no longer reported in 2024 (was €2,200)
- Tax, wage and social debts +€1,925
new in 2024: €1,925
- Staff costs -€72,720
down €72,720 (-56.5%), from €128,818 to €56,099
- Gross operating margin -€19,055
down €19,055 (-13.3%), from €143,161 to €124,106
- Taxes +€10,957
up €10,957 (+1238.1%), from €885 to €11,842
- Turnover -€10,916
down €10,916 (-2.9%), from €375,532 to €364,616
- Purchases and services +€8,139
up €8,139 (+3.5%), from €232,371 to €240,510
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 | €65,340 | €115,514 | +€50,174 | +76.8% |
| Formation expenses | 20 | €718 | €718 | = | 0.0% |
| Fixed assets | 21/28 | €25,902 | €20,107 | -€5,795 | -22.4% |
| Intangible fixed assets | 21 | €19,226 | €16,726 | -€2,500 | -13.0% |
| Tangible fixed assets | 22/27 | €6,676 | €3,381 | -€3,295 | -49.4% |
| Plant, machinery and equipment | 23 | €6,676 | €3,381 | -€3,295 | -49.4% |
| Current assets | 29/58 | €38,720 | €94,689 | +€55,969 | +144.5% |
| Amounts receivable within one year | 40/41 | €4,077 | €7,216 | +€3,139 | +77.0% |
| Trade receivables | 40 | €1,205 | - | -€1,205 | |
| Other amounts receivable | 41 | €2,872 | €7,216 | +€4,344 | +151.3% |
| Cash at bank and in hand | 54/58 | €34,643 | €87,474 | +€52,830 | +152.5% |
| Total equity and liabilities | 10/49 | €65,340 | €115,514 | +€50,174 | +76.8% |
| Equity | 10/15 | €54,589 | €101,667 | +€47,078 | +86.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,589 | €91,667 | +€47,078 | +105.6% |
| Amounts payable | 17/49 | €10,750 | €13,847 | +€3,096 | +28.8% |
| Amounts payable within one year | 42/48 | €10,750 | €13,847 | +€3,096 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €2,200 | - | -€2,200 | |
| Trade debts | 44 | €8,550 | €11,922 | +€3,372 | +39.4% |
| Suppliers | 440/4 | €8,550 | €11,922 | +€3,372 | +39.4% |
| Taxes, remuneration and social security | 45 | - | €1,925 | +€1,925 | |
| Taxes | 450/3 | - | €1,925 | +€1,925 | |
| Turnover | 70 | €375,532 | €364,616 | -€10,916 | -2.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €232,371 | €240,510 | +€8,139 | +3.5% |
| Remuneration, social security and pensions | 62 | €128,818 | €56,099 | -€72,720 | -56.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,804 | €5,795 | +€991 | +20.6% |
| Other operating charges | 640/8 | €699 | €3,124 | +€2,425 | +346.9% |
| Gross operating margin | 9900 | €143,161 | €124,106 | -€19,055 | -13.3% |
| Operating profit (loss) | 9901 | €8,839 | €59,088 | +€50,249 | +568.5% |
| Financial income | 75/76B | €1 | €1 | +€1 | +111.3% |
| Recurring financial income | 75 | €1 | €1 | +€1 | +111.3% |
| Financial charges | 65/66B | €2,192 | €169 | -€2,024 | -92.3% |
| Recurring financial charges | 65 | €2,192 | €169 | -€2,024 | -92.3% |
| Profit (loss) for the period before taxes | 9903 | €6,647 | €58,921 | +€52,273 | +786.4% |
| Income taxes | 67/77 | €885 | €11,842 | +€10,957 | +1238.1% |
| Profit (loss) for the period | 9904 | €5,762 | €47,079 | +€41,316 | +717.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,762 | €47,079 | +€41,316 | +717.0% |
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 5 October 2026 via checked.be.