LA NEBBIA: 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.
LA NEBBIA
Largest movements
- Tangible fixed assets +€71,725
up €71,725 (+244%), from €29,364 to €101,090
of which Other tangible fixed assets: +€65,070
- Stocks and contracts +€20,234
up €20,234 (+5.6%), from €360,706 to €380,940
- Receivables within one year -€16,530
down €16,530 (-9.9%), from €167,493 to €150,964
of which Other amounts receivable: -€14,340
- Trade debts -€97,655
down €97,655 (-38.8%), from €251,865 to €154,210
- Short-term financial debts +€93,810
up €93,810 (+579%), from €16,190 to €110,000
- Debts after one year +€76,579
new in 2025: €76,579
- Depreciation +€7,985
up €7,985 (+299%), from €2,672 to €10,657
- Gross operating margin +€4,679
up €4,679 (+39.2%), from €11,947 to €16,626
- Other operating charges -€3,502
down €3,502 (-66.8%), from €5,246 to €1,744
- Financial income +€1,359
up €1,359 (+35,390%), from €4 to €1,363
- Taxes -€1,308
down €1,308 (-41.6%), from €3,143 to €1,835
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 | €654,824 | €725,995 | +€71,170 | +10.9% |
| Fixed assets | 21/28 | €32,104 | €103,830 | +€71,725 | +223% |
| Tangible fixed assets | 22/27 | €29,364 | €101,090 | +€71,725 | +244% |
| Plant, machinery and equipment | 23 | €6,826 | €10,623 | +€3,797 | +55.6% |
| Furniture and vehicles | 24 | - | €2,858 | +€2,858 | |
| Other tangible fixed assets | 26 | €22,538 | €87,609 | +€65,070 | +289% |
| Financial fixed assets | 28 | €2,740 | €2,740 | = | 0.0% |
| Current assets | 29/58 | €622,720 | €622,165 | -€555 | -0.1% |
| Stocks and contracts in progress | 3 | €360,706 | €380,940 | +€20,234 | +5.6% |
| Stocks | 30/36 | €360,706 | €380,940 | +€20,234 | +5.6% |
| Amounts receivable within one year | 40/41 | €167,493 | €150,964 | -€16,530 | -9.9% |
| Trade receivables | 40 | €122,293 | €120,103 | -€2,190 | -1.8% |
| Other amounts receivable | 41 | €45,200 | €30,860 | -€14,340 | -31.7% |
| Cash at bank and in hand | 54/58 | €94,521 | €89,362 | -€5,159 | -5.5% |
| Deferred charges and accrued income | 490/1 | - | €899 | +€899 | |
| Total equity and liabilities | 10/49 | €654,824 | €725,995 | +€71,170 | +10.9% |
| Equity | 10/15 | €360,517 | €360,132 | -€384 | -0.1% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €295,517 | €295,132 | -€384 | -0.1% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €289,017 | €288,632 | -€384 | -0.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €294,308 | €365,862 | +€71,555 | +24.3% |
| Amounts payable after more than one year | 17 | - | €76,579 | +€76,579 | |
| Financial debts | 170/4 | - | €76,579 | +€76,579 | |
| Amounts payable within one year | 42/48 | €294,148 | €289,283 | -€4,864 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,349 | +€4,349 | |
| Financial debts | 43 | €16,190 | €110,000 | +€93,810 | +579% |
| Credit institutions | 430/8 | €16,190 | €110,000 | +€93,810 | +579% |
| Trade debts | 44 | €251,865 | €154,210 | -€97,655 | -38.8% |
| Suppliers | 440/4 | €251,865 | €154,210 | -€97,655 | -38.8% |
| Taxes, remuneration and social security | 45 | €25,525 | €20,372 | -€5,153 | -20.2% |
| Taxes | 450/3 | €25,525 | €20,372 | -€5,153 | -20.2% |
| Other amounts payable | 47/48 | €568 | €353 | -€215 | -37.9% |
| Accrued charges and deferred income | 492/3 | €160 | €0 | -€160 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,672 | €10,657 | +€7,985 | +299% |
| Other operating charges | 640/8 | €5,246 | €1,744 | -€3,502 | -66.8% |
| Gross operating margin | 9900 | €11,947 | €16,626 | +€4,679 | +39.2% |
| Operating profit (loss) | 9901 | €4,029 | €4,225 | +€196 | +4.9% |
| Financial income | 75/76B | €4 | €1,363 | +€1,359 | +35,390% |
| Recurring financial income | 75 | €4 | €1,363 | +€1,359 | +35,390% |
| Financial charges | 65/66B | €3,161 | €4,137 | +€977 | +30.9% |
| Recurring financial charges | 65 | €3,161 | €4,137 | +€977 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €872 | €1,450 | +€579 | +66.4% |
| Income taxes | 67/77 | €3,143 | €1,835 | -€1,308 | -41.6% |
| Profit (loss) for the period | 9904 | -€2,271 | -€384 | +€1,886 | +83.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,271 | -€384 | +€1,886 | +83.1% |
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 23 October 2026 via checked.be.