NTK: 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.
NTK
Largest movements
- Receivables within one year +€29,190
up €29,190 (+446%), from €6,547 to €35,736
of which Trade receivables: +€29,025
- Cash -€20,638
down €20,638 (-65.6%), from €31,480 to €10,842
mainly Receivables within one year (-€29,190) and Tax, wage and social debts (-€1,959)
- Deferred charges and accrued income +€1,004
up €1,004 (+355%), from €283 to €1,287
- Tangible fixed assets -€877
down €877 (-56.1%), from €1,561 to €685
- Trade debts +€5,569
up €5,569 (+1,329%), from €419 to €5,989
- Profit (loss) carried forward +€5,022
up €5,022 (+28.3%), from €17,726 to €22,748
- Tax, wage and social debts -€1,959
down €1,959 (-13.6%), from €14,401 to €12,442
of which Remuneration and social security: -€1,200
- Gross operating margin -€1,241
down €1,241 (-12.4%), from €10,029 to €8,788
- Other operating charges +€1,036
up €1,036 (+1,152%), from €90 to €1,126
- Taxes -€159
down €159 (-8.8%), from €1,801 to €1,642
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 | €39,870 | €48,550 | +€8,679 | +21.8% |
| Fixed assets | 21/28 | €1,561 | €685 | -€877 | -56.1% |
| Tangible fixed assets | 22/27 | €1,561 | €685 | -€877 | -56.1% |
| Furniture and vehicles | 24 | €1,561 | €685 | -€877 | -56.1% |
| Current assets | 29/58 | €38,309 | €47,865 | +€9,556 | +24.9% |
| Amounts receivable within one year | 40/41 | €6,547 | €35,736 | +€29,190 | +446% |
| Trade receivables | 40 | €412 | €29,437 | +€29,025 | +7,040% |
| Other amounts receivable | 41 | €6,134 | €6,299 | +€165 | +2.7% |
| Cash at bank and in hand | 54/58 | €31,480 | €10,842 | -€20,638 | -65.6% |
| Deferred charges and accrued income | 490/1 | €283 | €1,287 | +€1,004 | +355% |
| Total equity and liabilities | 10/49 | €39,870 | €48,550 | +€8,679 | +21.8% |
| Equity | 10/15 | €22,726 | €27,748 | +€5,022 | +22.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,726 | €22,748 | +€5,022 | +28.3% |
| Amounts payable | 17/49 | €17,145 | €20,802 | +€3,657 | +21.3% |
| Amounts payable within one year | 42/48 | €17,145 | €20,802 | +€3,657 | +21.3% |
| Trade debts | 44 | €419 | €5,989 | +€5,569 | +1,329% |
| Suppliers | 440/4 | €419 | €5,989 | +€5,569 | +1,329% |
| Taxes, remuneration and social security | 45 | €14,401 | €12,442 | -€1,959 | -13.6% |
| Taxes | 450/3 | €2,401 | €1,642 | -€759 | -31.6% |
| Remuneration and social security | 454/9 | €12,000 | €10,800 | -€1,200 | -10.0% |
| Other amounts payable | 47/48 | €2,325 | €2,372 | +€47 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €877 | €877 | = | 0.0% |
| Other operating charges | 640/8 | €90 | €1,126 | +€1,036 | +1,152% |
| Gross operating margin | 9900 | €10,029 | €8,788 | -€1,241 | -12.4% |
| Operating profit (loss) | 9901 | €9,062 | €6,785 | -€2,277 | -25.1% |
| Financial income | 75/76B | - | €59 | +€59 | |
| Recurring financial income | 75 | - | €59 | +€59 | |
| Financial charges | 65/66B | €197 | €180 | -€16 | -8.4% |
| Recurring financial charges | 65 | €197 | €180 | -€16 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €8,866 | €6,664 | -€2,202 | -24.8% |
| Income taxes | 67/77 | €1,801 | €1,642 | -€159 | -8.8% |
| Profit (loss) for the period | 9904 | €7,065 | €5,022 | -€2,043 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,065 | €5,022 | -€2,043 | -28.9% |
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 16 October 2026 via checked.be.