NTJ: 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.
NTJ
Largest movements
- Receivables within one year +€20,454
up €20,454 (+63.8%), from €32,059 to €52,513
of which Trade receivables: +€35,044
- Tangible fixed assets +€2,128
up €2,128 (+301.2%), from €707 to €2,835
- Cash -€828
down €828 (-99.0%), from €836 to €8
mainly Other debts (-€26,855) and Receivables within one year (-€20,454)
- Other debts -€26,855
down €26,855 (-24.7%), from €108,506 to €81,652
- Profit (loss) carried forward +€26,602
up €26,602 (+28.8%), from -€92,487 to -€65,885
- Trade debts +€21,457
up €21,457 (+457.8%), from €4,687 to €26,144
- Gross operating margin +€14,447
up €14,447 (+29.1%), from €49,593 to €64,040
- Staff costs -€1,517
down €1,517 (-4.2%), from €35,902 to €34,385
- Taxes +€978
new in 2024: €978
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 | €34,010 | €55,415 | +€21,405 | +62.9% |
| Fixed assets | 21/28 | €767 | €2,895 | +€2,128 | +277.6% |
| Tangible fixed assets | 22/27 | €707 | €2,835 | +€2,128 | +301.2% |
| Furniture and vehicles | 24 | €707 | €2,835 | +€2,128 | +301.2% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €33,244 | €52,521 | +€19,277 | +58.0% |
| Amounts receivable within one year | 40/41 | €32,059 | €52,513 | +€20,454 | +63.8% |
| Trade receivables | 40 | €16,528 | €51,571 | +€35,044 | +212.0% |
| Other amounts receivable | 41 | €15,531 | €941 | -€14,590 | -93.9% |
| Cash at bank and in hand | 54/58 | €836 | €8 | -€828 | -99.0% |
| Deferred charges and accrued income | 490/1 | €349 | - | -€349 | |
| Total equity and liabilities | 10/49 | €34,010 | €55,415 | +€21,405 | +62.9% |
| Equity | 10/15 | -€84,427 | -€57,825 | +€26,602 | +31.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | -€92,487 | -€65,885 | +€26,602 | +28.8% |
| Amounts payable | 17/49 | €118,437 | €113,240 | -€5,197 | -4.4% |
| Amounts payable within one year | 42/48 | €118,437 | €113,240 | -€5,197 | -4.4% |
| Trade debts | 44 | €4,687 | €26,144 | +€21,457 | +457.8% |
| Suppliers | 440/4 | €4,687 | €26,144 | +€21,457 | +457.8% |
| Taxes, remuneration and social security | 45 | €5,244 | €5,445 | +€201 | +3.8% |
| Taxes | 450/3 | €2,177 | €2,482 | +€305 | +14.0% |
| Remuneration and social security | 454/9 | €3,067 | €2,963 | -€104 | -3.4% |
| Other amounts payable | 47/48 | €108,506 | €81,652 | -€26,855 | -24.7% |
| Remuneration, social security and pensions | 62 | €35,902 | €34,385 | -€1,517 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €887 | +€387 | +77.5% |
| Other operating charges | 640/8 | €432 | €978 | +€547 | +126.6% |
| Gross operating margin | 9900 | €49,593 | €64,040 | +€14,447 | +29.1% |
| Operating profit (loss) | 9901 | €12,759 | €27,790 | +€15,031 | +117.8% |
| Financial income | 75/76B | €605 | - | -€605 | |
| Recurring financial income | 75 | €605 | - | -€605 | |
| Financial charges | 65/66B | €143 | €210 | +€67 | +47.3% |
| Recurring financial charges | 65 | €143 | €210 | +€67 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €13,221 | €27,580 | +€14,359 | +108.6% |
| Income taxes | 67/77 | - | €978 | +€978 | |
| Profit (loss) for the period | 9904 | €13,221 | €26,602 | +€13,381 | +101.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,221 | €26,602 | +€13,381 | +101.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.