NTW-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.
NTW-Consulting
Largest movements
- Cash +€91,031
up €91,031 (+185%), from €49,125 to €140,156
mainly Net result for the year (+€60,268) and Current investments (+€50,000)
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year +€5,398
up €5,398 (+30.0%), from €17,985 to €23,382
of which Other amounts receivable: +€8,072
- Tangible fixed assets +€2,186
up €2,186 (+35.9%), from €6,086 to €8,272
of which Plant, machinery and equipment: +€2,204
- Reserves +€60,200
up €60,200 (+62.0%), from €97,100 to €157,300
- Other debts -€12,958
down €12,958 (-100%), from €12,958 to €0
- Trade debts +€1,995
up €1,995 (+133%), from €1,498 to €3,493
- Other operating charges -€6,014
down €6,014 (-85.2%), from €7,055 to €1,041
- Taxes +€2,602
up €2,602 (+17.9%), from €14,498 to €17,100
- Gross operating margin +€1,654
up €1,654 (+2.1%), from €78,891 to €80,546
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 | €124,285 | €173,022 | +€48,737 | +39.2% |
| Fixed assets | 21/28 | €6,086 | €8,272 | +€2,186 | +35.9% |
| Tangible fixed assets | 22/27 | €6,086 | €8,272 | +€2,186 | +35.9% |
| Land and buildings | 22 | €1,513 | €1,246 | -€267 | -17.7% |
| Plant, machinery and equipment | 23 | - | €2,204 | +€2,204 | |
| Furniture and vehicles | 24 | €4,573 | €4,822 | +€249 | +5.4% |
| Current assets | 29/58 | €118,199 | €164,750 | +€46,551 | +39.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €17,985 | €23,382 | +€5,398 | +30.0% |
| Trade receivables | 40 | €17,485 | €14,810 | -€2,674 | -15.3% |
| Other amounts receivable | 41 | €500 | €8,572 | +€8,072 | +1,614% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €49,125 | €140,156 | +€91,031 | +185% |
| Deferred charges and accrued income | 490/1 | €1,090 | €1,212 | +€123 | +11.3% |
| Total equity and liabilities | 10/49 | €124,285 | €173,022 | +€48,737 | +39.2% |
| Equity | 10/15 | €99,100 | €159,368 | +€60,268 | +60.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €97,100 | €157,300 | +€60,200 | +62.0% |
| Distributable reserves | 133 | €97,100 | €157,300 | +€60,200 | +62.0% |
| Profit (loss) carried forward | 14 | €0 | €68 | +€68 | +22,610% |
| Amounts payable | 17/49 | €25,185 | €13,654 | -€11,531 | -45.8% |
| Amounts payable within one year | 42/48 | €25,185 | €13,654 | -€11,531 | -45.8% |
| Trade debts | 44 | €1,498 | €3,493 | +€1,995 | +133% |
| Suppliers | 440/4 | €1,498 | €3,493 | +€1,995 | +133% |
| Taxes, remuneration and social security | 45 | €10,729 | €10,161 | -€568 | -5.3% |
| Taxes | 450/3 | €10,729 | €10,161 | -€568 | -5.3% |
| Other amounts payable | 47/48 | €12,958 | €0 | -€12,958 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,255 | €2,119 | -€136 | -6.0% |
| Other operating charges | 640/8 | €7,055 | €1,041 | -€6,014 | -85.2% |
| Gross operating margin | 9900 | €78,891 | €80,546 | +€1,654 | +2.1% |
| Operating profit (loss) | 9901 | €69,582 | €77,386 | +€7,804 | +11.2% |
| Financial income | 75/76B | €463 | €749 | +€286 | +61.7% |
| Recurring financial income | 75 | €463 | €749 | +€286 | +61.7% |
| Financial charges | 65/66B | €600 | €767 | +€167 | +27.8% |
| Recurring financial charges | 65 | €600 | €767 | +€167 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €69,444 | €77,368 | +€7,923 | +11.4% |
| Income taxes | 67/77 | €14,498 | €17,100 | +€2,602 | +17.9% |
| Profit (loss) for the period | 9904 | €54,947 | €60,268 | +€5,321 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,947 | €60,268 | +€5,321 | +9.7% |
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 17 October 2026 via checked.be.