NLCODING: 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.
NLCODING
Largest movements
- Cash +€26,461
up €26,461 (+196%), from €13,496 to €39,957
mainly Receivables within one year (+€14,096) and Net result for the year (+€11,839)
- Receivables within one year -€14,096
down €14,096 (-56.1%), from €25,107 to €11,012
of which Trade receivables: -€13,012
- Deferred charges and accrued income -€2,110
down €2,110 (-28.0%), from €7,540 to €5,430
- Tangible fixed assets -€1,748
down €1,748 (-24.9%), from €7,027 to €5,280
of which Furniture and vehicles: -€1,207
- Profit (loss) carried forward +€11,839
up €11,839 (+54.9%), from €21,574 to €33,413
- Other debts -€11,148
down €11,148 (-86.2%), from €12,927 to €1,779
- Tax, wage and social debts +€7,057
up €7,057 (+53.7%), from €13,146 to €20,203
of which Taxes: +€6,897
- Trade debts +€761
up €761 (+146%), from €523 to €1,284
- Gross operating margin -€9,689
down €9,689 (-29.9%), from €32,388 to €22,699
- Depreciation +€927
up €927 (+113%), from €821 to €1,748
- Taxes -€640
down €640 (-9.2%), from €6,996 to €6,356
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 | €53,171 | €61,679 | +€8,509 | +16.0% |
| Fixed assets | 21/28 | €7,027 | €5,280 | -€1,748 | -24.9% |
| Tangible fixed assets | 22/27 | €7,027 | €5,280 | -€1,748 | -24.9% |
| Plant, machinery and equipment | 23 | €2,460 | €1,919 | -€541 | -22.0% |
| Furniture and vehicles | 24 | €4,568 | €3,361 | -€1,207 | -26.4% |
| Current assets | 29/58 | €46,143 | €56,399 | +€10,256 | +22.2% |
| Amounts receivable within one year | 40/41 | €25,107 | €11,012 | -€14,096 | -56.1% |
| Trade receivables | 40 | €13,012 | - | -€13,012 | |
| Other amounts receivable | 41 | €12,096 | €11,012 | -€1,084 | -9.0% |
| Cash at bank and in hand | 54/58 | €13,496 | €39,957 | +€26,461 | +196% |
| Deferred charges and accrued income | 490/1 | €7,540 | €5,430 | -€2,110 | -28.0% |
| Total equity and liabilities | 10/49 | €53,171 | €61,679 | +€8,509 | +16.0% |
| Equity | 10/15 | €26,574 | €38,413 | +€11,839 | +44.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,574 | €33,413 | +€11,839 | +54.9% |
| Amounts payable | 17/49 | €26,596 | €23,266 | -€3,330 | -12.5% |
| Amounts payable within one year | 42/48 | €26,596 | €23,266 | -€3,330 | -12.5% |
| Trade debts | 44 | €523 | €1,284 | +€761 | +146% |
| Suppliers | 440/4 | €523 | €1,284 | +€761 | +146% |
| Taxes, remuneration and social security | 45 | €13,146 | €20,203 | +€7,057 | +53.7% |
| Taxes | 450/3 | €13,146 | €20,043 | +€6,897 | +52.5% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €12,927 | €1,779 | -€11,148 | -86.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €821 | €1,748 | +€927 | +113% |
| Other operating charges | 640/8 | €992 | €792 | -€200 | -20.1% |
| Gross operating margin | 9900 | €32,388 | €22,699 | -€9,689 | -29.9% |
| Operating profit (loss) | 9901 | €30,575 | €20,160 | -€10,415 | -34.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | +400% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +400% |
| Financial charges | 65/66B | €2,004 | €1,965 | -€39 | -2.0% |
| Recurring financial charges | 65 | €2,004 | €1,965 | -€39 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €28,571 | €18,195 | -€10,376 | -36.3% |
| Income taxes | 67/77 | €6,996 | €6,356 | -€640 | -9.2% |
| Profit (loss) for the period | 9904 | €21,574 | €11,839 | -€9,735 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,574 | €11,839 | -€9,735 | -45.1% |
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 1 November 2026 via checked.be.