NTS: 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.
NTS
Largest movements
- Cash +€28,045
up €28,045 (+45,146%), from €62 to €28,107
mainly Receivables within one year (+€15,591) and Net result for the year (+€12,836)
- Receivables within one year -€15,591
down €15,591 (-44.1%), from €35,323 to €19,732
of which Trade receivables: -€16,459
- Tangible fixed assets -€3,564
down €3,564 (-11.4%), from €31,265 to €27,701
of which Furniture and vehicles: -€3,725
- Other debts -€7,497
down €7,497 (-13.2%), from €56,647 to €49,150
- Reserves +€7,217
new in 2025: €7,217
- Profit (loss) carried forward +€5,619
no longer reported in 2025 (was -€5,619)
- Tax, wage and social debts +€4,233
up €4,233 (+112%), from €3,766 to €7,998
- Gross operating margin -€15,449
down €15,449 (-38.8%), from €39,817 to €24,368
- Other operating charges -€7,903
down €7,903 (-86.9%), from €9,095 to €1,192
- Taxes +€1,963
up €1,963 (+74.9%), from €2,622 to €4,585
- Financial charges -€1,883
down €1,883 (-96.6%), from €1,949 to €66
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 | €69,440 | €78,533 | +€9,093 | +13.1% |
| Fixed assets | 21/28 | €31,265 | €27,701 | -€3,564 | -11.4% |
| Tangible fixed assets | 22/27 | €31,265 | €27,701 | -€3,564 | -11.4% |
| Plant, machinery and equipment | 23 | €551 | €712 | +€161 | +29.2% |
| Furniture and vehicles | 24 | €30,714 | €26,990 | -€3,725 | -12.1% |
| Current assets | 29/58 | €38,175 | €50,832 | +€12,657 | +33.2% |
| Amounts receivable within one year | 40/41 | €35,323 | €19,732 | -€15,591 | -44.1% |
| Trade receivables | 40 | €34,923 | €18,464 | -€16,459 | -47.1% |
| Other amounts receivable | 41 | €400 | €1,268 | +€868 | +217% |
| Cash at bank and in hand | 54/58 | €62 | €28,107 | +€28,045 | +45,146% |
| Deferred charges and accrued income | 490/1 | €2,790 | €2,993 | +€204 | +7.3% |
| Total equity and liabilities | 10/49 | €69,440 | €78,533 | +€9,093 | +13.1% |
| Equity | 10/15 | €4,381 | €17,217 | +€12,836 | +293% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €7,217 | +€7,217 | |
| Distributable reserves | 133 | - | €7,217 | +€7,217 | |
| Profit (loss) carried forward | 14 | -€5,619 | - | +€5,619 | |
| Amounts payable | 17/49 | €65,059 | €61,316 | -€3,743 | -5.8% |
| Amounts payable within one year | 42/48 | €64,801 | €61,316 | -€3,485 | -5.4% |
| Trade debts | 44 | €4,388 | €4,168 | -€220 | -5.0% |
| Suppliers | 440/4 | €4,388 | €4,168 | -€220 | -5.0% |
| Taxes, remuneration and social security | 45 | €3,766 | €7,998 | +€4,233 | +112% |
| Taxes | 450/3 | €3,766 | €7,998 | +€4,233 | +112% |
| Other amounts payable | 47/48 | €56,647 | €49,150 | -€7,497 | -13.2% |
| Accrued charges and deferred income | 492/3 | €258 | - | -€258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,974 | €5,690 | -€285 | -4.8% |
| Other operating charges | 640/8 | €9,095 | €1,192 | -€7,903 | -86.9% |
| Gross operating margin | 9900 | €39,817 | €24,368 | -€15,449 | -38.8% |
| Operating profit (loss) | 9901 | €24,748 | €17,487 | -€7,261 | -29.3% |
| Financial charges | 65/66B | €1,949 | €66 | -€1,883 | -96.6% |
| Recurring financial charges | 65 | €1,949 | €66 | -€1,883 | -96.6% |
| Profit (loss) for the period before taxes | 9903 | €22,799 | €17,421 | -€5,378 | -23.6% |
| Income taxes | 67/77 | €2,622 | €4,585 | +€1,963 | +74.9% |
| Profit (loss) for the period | 9904 | €20,177 | €12,836 | -€7,341 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,177 | €12,836 | -€7,341 | -36.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.