NTSP Consulting: 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.
NTSP Consulting
Largest movements
- Tangible fixed assets +€195,321
up €195,321 (+43397.0%), from €450 to €195,771
of which Land and buildings: +€195,529
- Cash -€48,660
down €48,660 (-53.4%), from €91,138 to €42,479
mainly Investment in fixed assets (net) (-€195,529) and Tax, wage and social debts (-€15,860)
- Receivables after one year -€25,320
down €25,320 (-28.3%), from €89,380 to €64,060
- Debts after one year +€136,963
new in 2025: €136,963
- Tax, wage and social debts -€15,860
down €15,860 (-20.5%), from €77,285 to €61,425
of which Taxes: -€14,622
- Profit (loss) carried forward -€15,141
down €15,141, from €349 to -€14,791
- Current portion of long-term debt +€7,928
new in 2025: €7,928
- Other debts +€5,531
up €5,531 (+620.5%), from €891 to €6,422
- Gross operating margin -€117,465
down €117,465, from €112,400 to -€5,064
- Taxes -€32,387
down €32,387 (-98.8%), from €32,767 to €380
- Financial charges +€5,790
up €5,790 (+249.8%), from €2,318 to €8,108
- Other operating charges +€3,285
up €3,285 (+13015.4%), from €25 to €3,310
- Financial income -€3,284
down €3,284 (-63.0%), from €5,215 to €1,931
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.
Cash bridge derived
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 | €230,183 | €348,577 | +€118,395 | +51.4% |
| Fixed assets | 21/28 | €450 | €195,771 | +€195,321 | +43397.0% |
| Tangible fixed assets | 22/27 | €450 | €195,771 | +€195,321 | +43397.0% |
| Land and buildings | 22 | - | €195,529 | +€195,529 | |
| Furniture and vehicles | 24 | €450 | €242 | -€208 | -46.2% |
| Current assets | 29/58 | €229,732 | €152,806 | -€76,926 | -33.5% |
| Amounts receivable after more than one year | 29 | €89,380 | €64,060 | -€25,320 | -28.3% |
| Other amounts receivable | 291 | €89,380 | €64,060 | -€25,320 | -28.3% |
| Amounts receivable within one year | 40/41 | €47,465 | €46,139 | -€1,326 | -2.8% |
| Trade receivables | 40 | €23,353 | €19,360 | -€3,993 | -17.1% |
| Other amounts receivable | 41 | €24,112 | €26,779 | +€2,667 | +11.1% |
| Cash at bank and in hand | 54/58 | €91,138 | €42,479 | -€48,660 | -53.4% |
| Deferred charges and accrued income | 490/1 | €1,749 | €129 | -€1,620 | -92.6% |
| Total equity and liabilities | 10/49 | €230,183 | €348,577 | +€118,395 | +51.4% |
| Equity | 10/15 | €147,649 | €132,509 | -€15,141 | -10.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €142,300 | €142,300 | = | 0.0% |
| Distributable reserves | 133 | €142,300 | €142,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €349 | -€14,791 | -€15,141 | |
| Amounts payable | 17/49 | €82,533 | €216,069 | +€133,535 | +161.8% |
| Amounts payable after more than one year | 17 | - | €136,963 | +€136,963 | |
| Financial debts | 170/4 | - | €136,963 | +€136,963 | |
| Amounts payable within one year | 42/48 | €82,533 | €79,105 | -€3,428 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | - | €7,928 | +€7,928 | |
| Financial debts | 43 | €880 | €0 | -€880 | -100.0% |
| Credit institutions | 430/8 | €880 | €0 | -€880 | -100.0% |
| Trade debts | 44 | €3,477 | €3,331 | -€146 | -4.2% |
| Suppliers | 440/4 | €3,477 | €3,331 | -€146 | -4.2% |
| Taxes, remuneration and social security | 45 | €77,285 | €61,425 | -€15,860 | -20.5% |
| Taxes | 450/3 | €71,047 | €56,425 | -€14,622 | -20.6% |
| Remuneration and social security | 454/9 | €6,238 | €5,000 | -€1,238 | -19.9% |
| Other amounts payable | 47/48 | €891 | €6,422 | +€5,531 | +620.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174 | €208 | +€34 | +19.7% |
| Other operating charges | 640/8 | €25 | €3,310 | +€3,285 | +13015.4% |
| Gross operating margin | 9900 | €112,400 | -€5,064 | -€117,465 | |
| Operating profit (loss) | 9901 | €112,201 | -€8,583 | -€120,784 | |
| Financial income | 75/76B | €5,215 | €1,931 | -€3,284 | -63.0% |
| Recurring financial income | 75 | €5,215 | €1,931 | -€3,284 | -63.0% |
| Financial charges | 65/66B | €2,318 | €8,108 | +€5,790 | +249.8% |
| Recurring financial charges | 65 | €2,318 | €8,108 | +€5,790 | +249.8% |
| Profit (loss) for the period before taxes | 9903 | €115,098 | -€14,760 | -€129,858 | |
| Income taxes | 67/77 | €32,767 | €380 | -€32,387 | -98.8% |
| Profit (loss) for the period | 9904 | €82,331 | -€15,141 | -€97,472 | |
| Profit (loss) for the period to be appropriated | 9905 | €82,331 | -€15,141 | -€97,472 |
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 10 October 2026 via checked.be.