Katherine Nobbs: 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.
Katherine Nobbs
Largest movements
- Cash -€172,300
down €172,300 (-86.2%), from €199,833 to €27,532
mainly Contributions, distributions and other (-€272,182) and Other debts (-€117,429)
- Receivables within one year +€53,441
up €53,441 (+192%), from €27,903 to €81,344
of which Other amounts receivable: +€57,261
- Tangible fixed assets +€8,710
up €8,710 (+75.3%), from €11,565 to €20,275
of which Furniture and vehicles: +€10,079
- Other debts -€117,429
down €117,429 (-58.5%), from €200,611 to €83,182
- Tax, wage and social debts +€8,160
up €8,160 (+22.9%), from €35,609 to €43,768
- Gross operating margin +€94,195
up €94,195 (+35.4%), from €266,415 to €360,610
- Taxes +€24,294
up €24,294 (+38.9%), from €62,390 to €86,684
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 | €239,314 | €129,715 | -€109,600 | -45.8% |
| Fixed assets | 21/28 | €11,565 | €20,275 | +€8,710 | +75.3% |
| Tangible fixed assets | 22/27 | €11,565 | €20,275 | +€8,710 | +75.3% |
| Land and buildings | 22 | €10,796 | €9,428 | -€1,369 | -12.7% |
| Furniture and vehicles | 24 | €769 | €10,847 | +€10,079 | +1,311% |
| Current assets | 29/58 | €227,749 | €109,440 | -€118,310 | -51.9% |
| Amounts receivable within one year | 40/41 | €27,903 | €81,344 | +€53,441 | +192% |
| Trade receivables | 40 | €3,820 | €0 | -€3,820 | -100% |
| Other amounts receivable | 41 | €24,083 | €81,344 | +€57,261 | +238% |
| Cash at bank and in hand | 54/58 | €199,833 | €27,532 | -€172,300 | -86.2% |
| Deferred charges and accrued income | 490/1 | €14 | €563 | +€549 | +3,986% |
| Total equity and liabilities | 10/49 | €239,314 | €129,715 | -€109,600 | -45.8% |
| Equity | 10/15 | €1 | €1 | = | 0.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €239,313 | €129,714 | -€109,600 | -45.8% |
| Amounts payable within one year | 42/48 | €239,313 | €129,714 | -€109,600 | -45.8% |
| Trade debts | 44 | €3,093 | €2,763 | -€330 | -10.7% |
| Suppliers | 440/4 | €3,093 | €2,763 | -€330 | -10.7% |
| Taxes, remuneration and social security | 45 | €35,609 | €43,768 | +€8,160 | +22.9% |
| Taxes | 450/3 | €35,609 | €43,768 | +€8,160 | +22.9% |
| Other amounts payable | 47/48 | €200,611 | €83,182 | -€117,429 | -58.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,115 | €3,391 | +€1,277 | +60.4% |
| Other operating charges | 640/8 | €673 | €622 | -€51 | -7.5% |
| Gross operating margin | 9900 | €266,415 | €360,610 | +€94,195 | +35.4% |
| Operating profit (loss) | 9901 | €263,628 | €356,597 | +€92,969 | +35.3% |
| Financial income | 75/76B | - | €2,436 | +€2,436 | |
| Recurring financial income | 75 | - | €2,436 | +€2,436 | |
| Financial charges | 65/66B | €574 | €167 | -€408 | -71.0% |
| Recurring financial charges | 65 | €574 | €167 | -€408 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | €263,053 | €358,866 | +€95,812 | +36.4% |
| Income taxes | 67/77 | €62,390 | €86,684 | +€24,294 | +38.9% |
| Profit (loss) for the period | 9904 | €200,664 | €272,182 | +€71,519 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €200,664 | €272,182 | +€71,519 | +35.6% |
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 23 October 2026 via checked.be.