NTL GROUP: 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.
NTL GROUP
Largest movements
- Cash -€528,990
down €528,990 (-76.7%), from €689,393 to €160,403
mainly Receivables within one year (-€362,039) and Net result for the year (-€269,607)
- Receivables within one year +€362,039
up €362,039 (+811%), from €44,666 to €406,706
of which Other amounts receivable: +€250,147
- Tangible fixed assets -€9,088
down €9,088 (-35.6%), from €25,523 to €16,435
- Profit (loss) carried forward -€269,607
down €269,607 (-53.8%), from €501,222 to €231,615
- Trade debts +€92,842
up €92,842 (+80.2%), from €115,693 to €208,535
- Turnover -€1.5m
down €1.5m (-92.6%), from €1.6m to €119,289
- Gross operating margin -€1.2m
down €1.2m, from €990,019 to -€259,647
- Purchases and services -€245,795
down €245,795 (-39.3%), from €624,731 to €378,936
- Taxes -€177,526
no longer reported in 2024 (was €177,526)
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.
Derived cash bridge
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 | €796,592 | €620,764 | -€175,827 | -22.1% |
| Fixed assets | 21/28 | €25,523 | €16,435 | -€9,088 | -35.6% |
| Tangible fixed assets | 22/27 | €25,523 | €16,435 | -€9,088 | -35.6% |
| Furniture and vehicles | 24 | €25,523 | €16,435 | -€9,088 | -35.6% |
| Current assets | 29/58 | €771,068 | €604,329 | -€166,740 | -21.6% |
| Stocks and contracts in progress | 3 | €36,500 | €36,500 | = | 0.0% |
| Stocks | 30/36 | €36,500 | €36,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,666 | €406,706 | +€362,039 | +811% |
| Trade receivables | 40 | €3,108 | €115,000 | +€111,892 | +3,600% |
| Other amounts receivable | 41 | €41,559 | €291,706 | +€250,147 | +602% |
| Cash at bank and in hand | 54/58 | €689,393 | €160,403 | -€528,990 | -76.7% |
| Deferred charges and accrued income | 490/1 | €509 | €720 | +€211 | +41.6% |
| Total equity and liabilities | 10/49 | €796,592 | €620,764 | -€175,827 | -22.1% |
| Equity | 10/15 | €502,722 | €233,115 | -€269,607 | -53.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €501,222 | €231,615 | -€269,607 | -53.8% |
| Amounts payable | 17/49 | €293,870 | €387,649 | +€93,780 | +31.9% |
| Amounts payable within one year | 42/48 | €293,870 | €387,606 | +€93,736 | +31.9% |
| Trade debts | 44 | €115,693 | €208,535 | +€92,842 | +80.2% |
| Suppliers | 440/4 | €115,693 | €208,535 | +€92,842 | +80.2% |
| Taxes, remuneration and social security | 45 | €178,177 | €179,071 | +€895 | +0.5% |
| Taxes | 450/3 | €178,177 | €178,166 | -€11 | 0.0% |
| Remuneration and social security | 454/9 | - | €905 | +€905 | |
| Accrued charges and deferred income | 492/3 | - | €43 | +€43 | |
| Turnover | 70 | €1,614,750 | €119,289 | -€1.5m | -92.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €624,731 | €378,936 | -€245,795 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,070 | €9,088 | +€2,018 | +28.5% |
| Other operating charges | 640/8 | €441 | €511 | +€69 | +15.7% |
| Gross operating margin | 9900 | €990,019 | -€259,647 | -€1.2m | |
| Operating profit (loss) | 9901 | €982,508 | -€269,245 | -€1.3m | |
| Financial charges | 65/66B | €1,567 | €362 | -€1,205 | -76.9% |
| Recurring financial charges | 65 | €1,567 | €362 | -€1,205 | -76.9% |
| Profit (loss) for the period before taxes | 9903 | €980,941 | -€269,607 | -€1.3m | |
| Income taxes | 67/77 | €177,526 | - | -€177,526 | |
| Profit (loss) for the period | 9904 | €803,415 | -€269,607 | -€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €803,415 | -€269,607 | -€1.1m |
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 16 October 2026 via checked.be.