NTJ Invest: 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 Invest
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€1.3m
up €1.3m (+364%), from €350,152 to €1.6m
- Debts after one year -€535,716
down €535,716 (-8.8%), from €6.1m to €5.5m
- Current portion of long-term debt -€535,716
down €535,716 (-50.0%), from €1.1m to €535,716
- Profit (loss) carried forward -€322,242
down €322,242 (-120%), from -€268,171 to -€590,413
- Services and other goods -€95,178
down €95,178 (-28.3%), from €336,646 to €241,468
- Turnover -€94,500
down €94,500 (-26.5%), from €357,000 to €262,500
- Financial charges +€30,796
up €30,796 (+9.9%), from €312,477 to €343,273
- Financial income -€23,953
no longer reported in 2025 (was €23,953)
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.
Derived cash bridge
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 | €13,434,280 | €13,345,615 | -€88,665 | -0.7% |
| Fixed assets | 21/28 | €13,251,444 | €13,251,444 | = | 0.0% |
| Financial fixed assets | 28 | €13,251,444 | €13,251,444 | = | 0.0% |
| Affiliated companies | 280/1 | €13,251,444 | €13,251,444 | = | 0.0% |
| Participating interests | 280 | €13,251,444 | €13,251,444 | = | 0.0% |
| Current assets | 29/58 | €182,836 | €94,171 | -€88,665 | -48.5% |
| Amounts receivable within one year | 40/41 | €70,733 | €69,998 | -€734 | -1.0% |
| Trade receivables | 40 | €70,326 | €66,667 | -€3,660 | -5.2% |
| Other amounts receivable | 41 | €407 | €3,332 | +€2,925 | +719% |
| Cash at bank and in hand | 54/58 | €87,943 | - | -€87,943 | |
| Deferred charges and accrued income | 490/1 | €24,161 | €24,173 | +€12 | +0.1% |
| Total equity and liabilities | 10/49 | €13,434,280 | €13,345,615 | -€88,665 | -0.7% |
| Equity | 10/15 | €5,731,829 | €5,409,587 | -€322,242 | -5.6% |
| Contributions | 10/11 | €6,000,000 | €6,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€268,171 | -€590,413 | -€322,242 | -120% |
| Amounts payable | 17/49 | €7,702,450 | €7,936,028 | +€233,577 | +3.0% |
| Amounts payable after more than one year | 17 | €6,071,424 | €5,535,708 | -€535,716 | -8.8% |
| Financial debts | 170/4 | €6,071,424 | €5,535,708 | -€535,716 | -8.8% |
| Credit institutions | 173 | €6,071,424 | €5,535,708 | -€535,716 | -8.8% |
| Amounts payable within one year | 42/48 | €1,460,533 | €2,179,761 | +€719,228 | +49.2% |
| Current portion of amounts payable after more than one year | 42 | €1,071,432 | €535,716 | -€535,716 | -50.0% |
| Trade debts | 44 | €38,950 | €20,170 | -€18,779 | -48.2% |
| Suppliers | 440/4 | €38,950 | €20,170 | -€18,779 | -48.2% |
| Other amounts payable | 47/48 | €350,152 | €1,623,875 | +€1.3m | +364% |
| Accrued charges and deferred income | 492/3 | €170,493 | €220,558 | +€50,065 | +29.4% |
| Operating income | 70/76A | €357,000 | €262,500 | -€94,500 | -26.5% |
| Turnover | 70 | €357,000 | €262,500 | -€94,500 | -26.5% |
| Operating charges | 60/66A | €336,646 | €241,468 | -€95,178 | -28.3% |
| Services and other goods | 61 | €336,646 | €241,468 | -€95,178 | -28.3% |
| Operating profit (loss) | 9901 | €20,354 | €21,032 | +€678 | +3.3% |
| Financial income | 75/76B | €23,953 | - | -€23,953 | |
| Recurring financial income | 75 | €23,953 | - | -€23,953 | |
| Income from financial fixed assets | 750 | €23,953 | - | -€23,953 | |
| Financial charges | 65/66B | €312,477 | €343,273 | +€30,796 | +9.9% |
| Recurring financial charges | 65 | €312,477 | €343,273 | +€30,796 | +9.9% |
| Debt charges | 650 | €298,999 | €341,544 | +€42,545 | +14.2% |
| Other financial charges | 652/9 | €13,478 | €1,729 | -€11,749 | -87.2% |
| Profit (loss) for the period before taxes | 9903 | -€268,171 | -€322,242 | -€54,071 | -20.2% |
| Profit (loss) for the period | 9904 | -€268,171 | -€322,242 | -€54,071 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€268,171 | -€322,242 | -€54,071 | -20.2% |
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 24 October 2026 via checked.be.